UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
811-22761
Investment Company Act file number
Stone Ridge Trust
(Exact name of registrant as specified in charter)
One Vanderbilt Avenue, 65th Floor
New York, New York 10017
(Address of principal executive offices) (Zip code)
Stone Ridge Asset Management LLC
One Vanderbilt Avenue, 65th Floor
New York, New York 10017
(Name and address of agent for service)
(855) 609-3680
Registrant’s telephone number, including area code
Date of fiscal year end: October 31, 2024
Date of reporting period: April 30, 2024
Item 1. Reports to Stockholders.
Semi-Annual Report
April 30, 2024
Unaudited
Stone Ridge High Yield Reinsurance Risk Premium Fund
Stone Ridge Diversified Alternatives Fund
| | | | |
| ALLOCATION OF PORTFOLIO HOLDINGS AT APRIL 30, 2024 (Unaudited) | | | | |
| | | | | | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND PORTFOLIO ALLOCATION BY YEAR OF SCHEDULED MATURITY | |
| | |
| 2024 | | | $352,858,176 | | | | 12.3% | |
| | |
| 2025 | | | 607,606,515 | | | | 21.1% | |
| | |
| 2026 | | | 807,439,925 | | | | 28.2% | |
| | |
| 2027 | | | 607,858,288 | | | | 21.1% | |
| | |
| 2028 | | | 198,871,540 | | | | 6.9% | |
| | |
| 2029 | | | 3,078,689 | | | | 0.1% | |
| | |
| Not Applicable(1) | | | 291,132,325 | | | | 10.1% | |
| | |
| Other(2) | | | 5,582,719 | | | | 0.2% | |
Net Assets | | | $2,874,428,177 | | | | | |
| | | | | | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND PORTFOLIO ALLOCATION BY ASSET TYPE | |
| | |
| Asset-Backed Securities | | | $116,960,122 | | | | 9.9% | |
| | |
| Event Linked Bonds | | | 357,965,597 | | | | 30.4% | |
| | |
| Investment Companies | | | 7,073,535 | | | | 0.6% | |
| | |
| Participation Notes | | | 43,639,230 | | | | 3.7% | |
| | |
| Preference Shares | | | 47,243,809 | | | | 4.0% | |
| | |
| Purchased Options | | | 4,089,332 | | | | 0.3% | |
| | |
| Short-Term Investments | | | 519,887,775 | | | | 44.2% | |
| | |
| Whole Loans - Consumer Loans | | | 54,076,237 | | | | 4.6% | |
| | |
| Whole Loans - Small Business Loans | | | 11,212,609 | | | | 1.0% | |
| | |
| Whole Loans - Student Loans | | | 47,091 | | | | 0.0% | |
| | |
| Other(3) | | | 15,280,183 | | | | 1.3% | |
Net Assets | | | $1,177,475,520 | | | | | |
| | (1) | Preference shares do not have maturity dates. |
| | (2) | Cash, cash equivalents, short-term investments and other assets in excess of liabilities. |
| | (3) | Cash, cash equivalents and other assets in excess of liabilities. |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
2
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| EVENT LINKED BONDS - 87.1% (a) | |
| Chile - 0.9% | |
| Earthquake - 0.9% | |
IBRD CAR 131,
10.11% (SOFR + 4.79%), 03/31/2026 (Acquired 03/17/2023 - 02/29/2024; Cost $25,981,109) (b)(c)(d) | | $ | 25,833,000 | | | $ | 26,176,579 | |
| | | | | | | | |
| | | | | | | | |
| Europe - 2.2% | | | | | | |
| Earthquake - 0.3% | | | | | | |
Azzurro Re II DAC 2024-1 Class A,
10.31% (3 Month EURIBOR + 6.50%), 04/20/2028 (Acquired 03/21/2024; Cost $8,067,440) (b)(c)(d) | | EUR | 7,431,000 | | | | 7,929,979 | |
| | | | | | | | |
| | | | | | | | |
| Multiperil - 0.6% | | | | | | |
King Max Re DAC,
8.91% (3 Month EURIBOR + 5.00%), 01/06/2027 (Acquired 12/08/2023; Cost $7,971,841) (b)(c)(d) | | | 7,406,000 | | | | 7,978,386 | |
Lion III Re DAC 2021-1,
8.04% (3 Month EURIBOR + 4.13%), 07/16/2025 (Acquired 06/30/2023 - 07/27/2023; Cost $5,930,048) (b)(c)(d) | | | 5,493,000 | | | | 5,755,741 | |
Taranis Re DAC 2023-1 Class A,
12.15% (3 Month EURIBOR + 8.25%), 01/21/2028 (Acquired 11/29/2023; Cost $2,616,072) (b)(c)(d) | | | 2,384,000 | | | | 2,616,464 | |
| | | | | | | | |
| | | | | | | 16,350,591 | |
| | | | | | | | |
| Terrorism - 0.3% | | | | | | |
Baltic PCC 2022-1 Class A,
10.87% (3 Month US Treasury Bill Rate + 5.49%), 03/07/2025 (Acquired 03/02/2022 - 02/26/2024; Cost $8,683,128) (b)(c)(d) | | GBP | 6,761,000 | | | | 8,238,462 | |
| | | | | | | | |
| | | | | | | | |
| Windstorm - 1.0% | | | | | | |
Eiffel Re 2023-1 Class A,
7.15% (3 Month EURIBOR + 3.25%), 01/19/2027 (Acquired 06/22/2023; Cost $9,708,312) (b)(c)(d) | | EUR | 8,860,000 | | | | 9,539,087 | |
Hexagon III Re Pte. Class B,
14.90% (3 Month EURIBOR + 11.04%), 01/15/2026 (Acquired 11/23/2021; Cost $2,250,098) (b)(c)(d) | | | 2,000,000 | | | | 2,052,335 | |
Hexagon IV Re 2023-1 Class A,
12.40% (3 Month EURIBOR + 8.50%), 01/21/2028 (Acquired 11/07/2023; Cost $7,148,892) (b)(c)(d) | | | 6,684,000 | | | | 7,258,007 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Windstorm - 1.0% (continued) | | | | | | |
Hexagon IV Re 2023-1 Class B,
20.40% (3 Month EURIBOR + 16.50%), 01/21/2026 (Acquired 11/07/2023; Cost $1,871,718) (b)(c)(d) | | EUR | 1,750,000 | | | $ | 1,962,384 | |
Orange Capital Re 2023-1 Class A,
11.40% (3 Month EURIBOR + 7.50%), 01/08/2027 (Acquired 11/17/2023; Cost $2,134,785) (b)(c)(d) | | | 1,957,000 | | | | 2,130,702 | |
Randolph Re 2023-1 Class A,
8.042%, 06/15/2024 (Acquired 06/08/2023; Cost $4,292,320) (b)(c)(d)(e)(f) | | | 4,019,000 | | | | 3,645,721 | |
Blue Sky Re DAC 2023-1,
9.63% (3 Month EURIBOR + 5.75%), 01/26/2027 (Acquired 12/11/2023; Cost $3,664,234) (b)(c)(d) | | | 3,404,000 | | | | 3,724,300 | |
| | | | | | | | |
| | | | | | | 30,312,536 | |
| | | | | | | | |
| | | | | | | 62,831,568 | |
| | | | | | | | |
| Global - 8.9% | | | | | | |
| Cyber - 1.2% | | | | | | |
East Lane Re VII 2024-1 Class A,
14.64% (3 Month US Treasury Bill Rate + 9.25%), 03/31/2026 (Acquired 12/20/2023; Cost $6,031,000) (b)(c)(d) | | $ | 6,031,000 | | | | 6,056,029 | |
Long Walk Re 2024-1 Class A,
15.14% (3 Month US Treasury Bill Rate + 9.75%), 01/30/2026 (Acquired 11/13/2023; Cost $3,158,000) (b)(c)(d) | | | 3,158,000 | | | | 3,178,053 | |
Matterhorn Re SR2023-1 Class CYB-A,
17.39% (3 Month US Treasury Bill Rate + 12.00%), 01/08/2026 (Acquired 12/22/2023; Cost $14,530,000) (b)(c)(d) | | | 14,530,000 | | | | 14,806,070 | |
PoleStar Re 2024-1 Class A,
18.39% (3 Month US Treasury Bill Rate + 13.00%), 01/07/2026 (Acquired 12/13/2023; Cost $9,603,000) (b)(c)(d) | | | 9,603,000 | | | | 9,645,733 | |
| | | | | | | | |
| | | | | | | 33,685,885 | |
| | | | | | | | |
| Earthquake - 0.2% | | | | | | |
Ashera Re 2024-1 Class A,
10.39% (3 Month US Treasury Bill Rate + 5.00%), 04/07/2027 (Acquired 03/21/2024; Cost $5,986,000) (b)(c)(d) | | | 5,986,000 | | | | 5,955,172 | |
| | | | | | | | |
| | | | | | | | |
| Multiperil - 7.0% | | | | | | |
3264 Re 2022-1 Class A,
24.38% (3 Month US Treasury Bill Rate + 19.00%), 01/08/2025 (Acquired 12/16/2021; Cost $7,957,000) (b)(c)(d)(g) | | | 7,957,000 | | | | 5,967,750 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
3
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 7.0% (continued) | | | | | | |
Aragonite Re 2024-1 Class A,
10.64% (3 Month US Treasury Bill Rate + 5.25%), 04/07/2027 (Acquired 03/25/2024; Cost $7,442,000) (b)(c)(d) | | $ | 7,442,000 | | | $ | 7,442,000 | |
Atlas Capital 2020 DAC 2020-1,
13.67% (3 Month US Treasury Bill Rate + 8.29%), 06/10/2024 (Acquired 04/23/2020; Cost $6,954,000) (b)(c)(d) | | | 6,954,000 | | | | 6,956,782 | |
Atlas Capital 2022 DAC 2022-1 Class A,
15.03% (SOFR + 9.68%), 06/06/2025 (Acquired 05/24/2022; Cost $16,012,000) (b)(c)(d)(g) | | | 16,012,000 | | | | 16,396,288 | |
Atlas Capital DAC 2023-1 Class A,
12.60% (SOFR + 7.25%), 06/05/2026 (Acquired 07/06/2023; Cost $1,008,320) (b)(c)(d) | | | 1,000,000 | | | | 1,029,800 | |
Claveau Re 2021-1 Class A,
22.63% (3 Month US Treasury Bill Rate + 17.25%), 07/08/2025 (Acquired 07/01/2021; Cost $6,998,182) (b)(c)(d) | | | 6,998,182 | | | | 4,218,854 | |
Herbie Re 2021-1 Class A,
23.68% (3 Month US Treasury Bill Rate + 18.30%), 06/06/2025 (Acquired 05/19/2021; Cost $5,084,000) (b)(c)(d) | | | 5,084,000 | | | | 3,292,907 | |
Kendall Re 2021-1 Class A,
4.00% (3 Month US Treasury Bill Rate + 4.00%), 05/02/2024 (Acquired 04/19/2021 - 09/19/2023; Cost $15,863,686) (b)(c)(d) | | | 15,864,000 | | | | 15,859,241 | |
Kendall Re 2021-1 Class B,
6.25% (3 Month US Treasury Bill Rate + 6.25%), 05/02/2024 (Acquired 04/19/2021; Cost $7,515,000) (b)(c)(d) | | | 7,515,000 | | | | 7,513,121 | |
Kendall Re 2024-1 Class A,
11.64% (3 Month US Treasury Bill Rate + 6.25%), 04/30/2027 (Acquired 04/22/2024; Cost $11,957,000) (b)(c)(d) | | | 11,957,000 | | | | 11,955,804 | |
Kilimanjaro III Re 2021-1 Class A-1,
17.74% (3 Month US Treasury Bill Rate + 12.36%), 04/21/2025 (Acquired 04/08/2021 - 05/19/2021; Cost $7,297,204) (b)(c)(d) | | | 7,294,000 | | | | 7,162,708 | |
Kilimanjaro III Re 2021-1 Class B-1,
10.24% (3 Month US Treasury Bill Rate + 4.86%), 04/21/2025 (Acquired 04/08/2021; Cost $2,500,000) (b)(c)(d) | | | 2,500,000 | | | | 2,476,875 | |
Kilimanjaro III Re 2021-1 Class C-1,
9.94% (3 Month US Treasury Bill Rate + 4.56%), 04/21/2025 (Acquired 04/08/2021 - 04/29/2022; Cost $5,506,890) (b)(c)(d) | | | 5,526,000 | | | | 5,470,740 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 7.0% (continued) | | | | | | |
Kilimanjaro III Re 2021-2 Class A-2,
17.74% (3 Month US Treasury Bill Rate + 12.36%), 04/20/2026 (Acquired 04/08/2021; Cost $5,968,000) (b)(c)(d) | | $ | 5,968,000 | | | $ | 5,770,161 | |
Kilimanjaro III Re 2021-2 Class B-2,
10.24% (3 Month US Treasury Bill Rate + 4.86%), 04/20/2026 (Acquired 04/08/2021; Cost $2,652,000) (b)(c)(d) | | | 2,652,000 | | | | 2,610,098 | |
Kilimanjaro III Re 2021-2 Class C-2,
9.94% (3 Month US Treasury Bill Rate + 4.56%), 04/20/2026 (Acquired 04/08/2021; Cost $2,431,000) (b)(c)(d) | | | 2,431,000 | | | | 2,392,590 | |
Kilimanjaro III Re 2022-1 Class A,
10.63% (3 Month US Treasury Bill Rate + 5.25%), 06/25/2025 (Acquired 06/15/2022; Cost $7,515,000) (b)(c)(d) | | | 7,515,000 | | | | 7,570,987 | |
Matterhorn Re Argon 2022-1 Class A,
12.60% (SOFR + 7.25%), 01/25/2027 (Acquired 03/31/2022; Cost $1,000,000) (b)(c)(d)(g) | | | 1,000,000 | | | | 992,237 | |
Matterhorn Re SR2020-2 Class A,
1.50% (3 Month US Treasury Bill Rate + 1.50%), 01/08/2027 (Acquired 01/29/2020 - 09/21/2022; Cost $6,808,444) (b)(c)(d)(e)(g) | | | 6,809,000 | | | | 3,064,050 | |
Matterhorn Re SR2021-1 Class A,
11.10% (SOFR + 5.75%), 12/08/2025 (Acquired 12/15/2021 - 10/05/2023; Cost $11,176,788) (b)(c)(d)(g) | | | 11,451,000 | | | | 11,117,776 | |
Matterhorn Re SR2022-1 Class A,
10.60% (SOFR + 5.25%), 03/24/2025 (Acquired 03/10/2022;
Cost $3,536,000) (b)(c)(d) | | | 3,536,000 | | | | 3,480,838 | |
Matterhorn Re SR2022-1 Class B,
13.10% (SOFR + 7.75%), 03/24/2025 (Acquired 03/10/2022;
Cost $3,536,000) (b)(c)(d) | | | 3,536,000 | | | | 3,427,091 | |
Montoya Re 2022-1 Class A,
12.49% (3 Month US Treasury Bill Rate + 7.11%), 04/07/2025 (Acquired 03/23/2022 - 09/16/2022; Cost $8,549,739) (b)(c)(d) | | | 8,553,000 | | | | 8,573,100 | |
Northshore Re II 2022-1 Class A,
13.38% (3 Month US Treasury Bill Rate + 8.00%), 07/08/2025 (Acquired 06/22/2022 - 03/20/2024; Cost $7,818,972) (b)(c)(d) | | | 7,605,000 | | | | 7,835,051 | |
Sakura Re 2021-1 Class A,
7.79% (3 Month US Treasury Bill Rate + 2.41%), 04/07/2025 (Acquired 03/24/2021 - 03/28/2024; Cost $13,001,230) (b)(c)(d)(g) | | | 13,080,000 | | | | 12,970,128 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
4
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 7.0% (continued) | | | | | | |
Sakura Re 2021-1 Class B,
9.02% (3 Month US Treasury Bill Rate + 3.64%), 04/07/2025 (Acquired 03/24/2021 - 06/23/2023; Cost $11,631,788) (b)(c)(d)(g) | | $ | 11,656,000 | | | $ | 11,508,552 | |
Vista Re 2021-1 Class A,
12.13% (3 Month US Treasury Bill Rate + 6.75%), 05/21/2024 (Acquired 04/26/2021; Cost $12,642,000) (b)(c)(d) | | | 12,642,000 | | | | 12,642,000 | |
Windmill II Re 2020,
7.36% (3 Month EURIBOR + 3.47%), 07/05/2024 (Acquired 03/28/2024; Cost $6,866,991) (b)(c)(d) | | EUR | 6,374,000 | | | | 6,792,140 | |
Wrigley Re 2023-1 Class A,
11.89% (3 Month US Treasury Bill Rate + 6.50%), 08/07/2026 (Acquired 07/14/2023 - 03/20/2024; Cost $5,624,187) (b)(c)(d) | | $ | 5,603,000 | | | | 5,692,368 | |
| | | | | | | | |
| | | | | | | 202,182,037 | |
| | | | | | | | |
| Windstorm - 0.5% | |
Queen Street 2023 Re DAC,
12.89% (3 Month US Treasury Bill Rate + 7.50%), 12/08/2025 (Acquired 05/12/2023 - 04/08/2024; Cost $13,346,223) (b)(c)(d)(g) | | | 13,246,000 | | | | 13,703,649 | |
| | | | | | | | |
| | | | | | | 255,526,743 | |
| | | | | | | | |
| Jamaica - 0.9% | |
| Windstorm - 0.9% | |
IBRD CAR 136,
12.52% (SOFR + 7.19%), 12/29/2027 (Acquired 04/25/2024; Cost $24,768,000) (b)(c)(d) | | | 24,768,000 | | | | 24,768,000 | |
| | | | | | | | |
| | | | | | | | |
| Japan - 2.6% | |
| Earthquake - 1.6% | |
Kizuna Re III 2024-1 Class A,
8.14% (3 Month US Treasury Bill Rate + 2.75%), 04/09/2029 (Acquired 03/13/2024; Cost $3,081,000) (b)(c)(d)(g) | | | 3,081,000 | | | | 3,078,689 | |
Nakama Re 2020-1 Class 1,
7.58% (3 Month US Treasury Bill Rate + 2.20%), 01/14/2025 (Acquired 02/04/2020 - 08/17/2023; Cost $2,127,239) (b)(c)(d)(g) | | | 2,129,000 | | | | 2,115,375 | |
Nakama Re 2023-1 Class 2,
9.11% (3 Month Term SOFR + 4.00%), 05/09/2028 (Acquired 04/14/2023; Cost $6,781,000) (b)(c)(d)(g) | | | 6,781,000 | | | | 6,906,788 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Earthquake - 1.6% (continued) | |
Nakama Re Pte. 2021-1 Class 1,
7.43% (3 Month US Treasury Bill Rate + 2.05%), 10/13/2026 (Acquired 09/22/2021 - 02/08/2024; Cost $23,747,146) (b)(c)(d)(g) | | $ | 23,778,000 | | | $ | 23,477,208 | |
Nakama Re Pte. 2021-1 Class 2,
8.13% (3 Month US Treasury Bill Rate + 2.75%), 10/13/2026 (Acquired 09/22/2021 - 01/26/2024; Cost $10,139,081) (b)(c)(d)(g) | | | 10,155,000 | | | | 10,081,884 | |
| | | | | | | | |
| | | | | | | 45,659,944 | |
| | | | | | | | |
| Multiperil - 0.9% | |
Tomoni Re Pte 2022-1 Class B-1,
8.13% (3 Month US Treasury Bill Rate + 2.75%), 04/07/2026 (Acquired 03/28/2022 - 06/05/2023; Cost $2,986,265) (b)(c)(d)(g) | | | 3,000,000 | | | | 2,943,600 | |
Tomoni Re Pte 2024-1 Class A,
8.64% (3 Month US Treasury Bill Rate + 3.25%), 04/05/2028 (Acquired 03/25/2024; Cost $8,062,000) (b)(c)(d)(g) | | | 8,062,000 | | | | 8,051,116 | |
Tomoni Re Pte 2024-1 Class B,
9.39% (3 Month US Treasury Bill Rate + 4.00%), 04/05/2028 (Acquired 03/25/2024; Cost $10,129,000) (b)(c)(d)(g) | | | 10,129,000 | | | | 10,116,339 | |
Umigame Re 2021-1 Class A-1,
7.63% (3 Month US Treasury Bill Rate + 2.25%), 04/07/2025 (Acquired 06/18/2021 - 07/11/2023; Cost $2,565,107) (b)(c)(d) | | | 2,575,000 | | | | 2,544,872 | |
Umigame Re 2021-1 Class A-2,
7.88% (3 Month US Treasury Bill Rate + 2.50%), 04/07/2025 (Acquired 06/18/2021; Cost $1,000,000) (b)(c)(d) | | | 1,000,000 | | | | 991,600 | |
Umigame Re 2021-1 Class B,
10.13% (3 Month US Treasury Bill Rate + 4.75%), 04/07/2025 (Acquired 06/18/2021; Cost $750,000) (b)(c)(d) | | | 750,000 | | | | 742,163 | |
| | | | | | | | |
| | | | | | | 25,389,690 | |
| | | | | | | | |
| Typhoon - 0.1% | |
Black Kite Re 2022-1 Class A,
12.23% (3 Month US Treasury Bill Rate + 6.85%), 06/09/2025 (Acquired 05/27/2022; Cost $4,863,000) (b)(c)(d)(g) | | | 4,863,000 | | | | 4,878,318 | |
| | | | | | | | |
| | | | | | | 75,927,952 | |
| | | | | | | | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
5
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Mexico - 1.6% | |
| Earthquake - 1.0% | |
IBRD CAR 132 Class A,
9.54% (SOFR + 4.22%), 04/24/2028 (Acquired 04/03/2024; Cost $21,820,000) (b)(c)(d) | | $ | 21,820,000 | | | $ | 21,807,999 | |
IBRD CAR 133 Class B,
16.32% (SOFR + 11.00%), 04/24/2028 (Acquired 04/03/2024; Cost $7,616,000) (b)(c)(d) | | | 7,616,000 | | | | 7,611,811 | |
| | | | | | | | |
| | | | | | | 29,419,810 | |
| | | | | | | | |
| Windstorm - 0.6% | |
IBRD CAR 134 Class C,
18.83% (SOFR + 13.50%), 04/24/2028 (Acquired 04/03/2024; Cost $16,468,000) (b)(c)(d) | | | 16,468,000 | | | | 16,458,943 | |
| | | | | | | | |
| | | | 45,878,753 | |
| | | | | |
New Zealand - 0.3% | |
| Multiperil - 0.3% | |
Totara Re Pte. 2023-1,
13.39%, 06/08/2027 (Acquired 05/24/2023; Cost $10,502,765) (b)(c)(d) | | NZD | 17,205,000 | | | | 10,179,121 | |
| | | | | | | | |
| | | | | | | | |
United States - 69.7% | |
| Earthquake - 11.9% | |
Acorn Re 2021-1 Class A,
7.88% (3 Month US Treasury Bill Rate + 2.50%), 11/07/2024 (Acquired 10/25/2021 - 03/01/2024; Cost $33,885,844) (b)(c)(d)(g) | | $ | 34,134,000 | | | | 33,823,381 | |
Acorn Re 2023-1 Class A,
9.74% (3 Month US Treasury Bill Rate + 4.35%), 11/06/2026 (Acquired 06/22/2023 - 09/12/2023; Cost $11,064,535) (b)(c)(d)(g) | | | 11,053,000 | | | | 11,132,029 | |
Herbie Re 2022-1 Class A,
17.88% (3 Month US Treasury Bill Rate + 12.50%), 01/08/2027 (Acquired 11/18/2022; Cost $2,306,000) (b)(c)(d) | | | 2,306,000 | | | | 2,424,990 | |
Logistics Re 2021-1 Class A,
9.25% (3 Month US Treasury Bill Rate + 3.88%), 12/20/2024 (Acquired 12/10/2021 - 05/16/2023; Cost $4,245,621) (b)(c)(d) | | | 4,257,000 | | | | 4,216,558 | |
Merna Re II 2022-1 Class A,
9.23% (3 Month US Treasury Bill Rate + 3.85%), 04/07/2025 (Acquired 03/25/2022 - 01/19/2024; Cost $22,518,233) (b)(c)(d)(g) | | | 22,511,000 | | | | 22,592,040 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Earthquake - 11.9% (continued) | |
Phoenician Re 2021-1 Class A,
8.28% (3 Month US Treasury Bill Rate + 2.90%), 12/14/2024 (Acquired 12/01/2021 - 06/27/2022; Cost $6,076,195) (b)(c)(d) | | $ | 6,115,000 | | | $ | 6,064,857 | |
Sutter Re 2023-1 Class B,
12.14% (3 Month US Treasury Bill Rate + 6.75%), 06/19/2026 (Acquired 06/06/2023 - 07/10/2023; Cost $14,912,046) (b)(c)(d) | | | 14,905,000 | | | | 15,156,894 | |
Sutter Re 2023-1 Class E,
15.14% (3 Month US Treasury Bill Rate + 9.75%), 06/19/2026 (Acquired 06/06/2023 - 09/26/2023; Cost $18,057,522) (b)(c)(d)(g) | | | 18,034,000 | | | | 18,325,249 | |
Torrey Pines Re 2021-1 Class A,
9.56% (3 Month US Treasury Bill Rate + 4.18%), 06/07/2024 (Acquired 03/12/2021 - 08/29/2023; Cost $19,667,999) (b)(c)(d) | | | 19,684,000 | | | | 19,658,411 | |
Torrey Pines Re 2021-1 Class B,
11.26% (3 Month US Treasury Bill Rate + 5.88%), 06/07/2024 (Acquired 03/12/2021 - 04/02/2024; Cost $22,860,979) (b)(c)(d) | | | 22,890,000 | | | | 22,822,474 | |
Torrey Pines Re 2022-1 Class A,
10.84% (3 Month US Treasury Bill Rate + 5.47%), 06/06/2025 (Acquired 05/10/2022 - 08/31/2023; Cost $19,856,941) (b)(c)(d)(g) | | | 19,855,000 | | | | 19,835,145 | |
Torrey Pines Re 2022-1 Class B,
13.16% (3 Month US Treasury Bill Rate + 7.78%), 06/06/2025 (Acquired 05/10/2022; Cost $11,378,000) (b)(c)(d)(g) | | | 11,378,000 | | | | 11,289,252 | |
Torrey Pines Re 2023-1 Class A,
10.39% (3 Month US Treasury Bill Rate + 5.00%), 06/05/2026 (Acquired 05/18/2023; Cost $8,738,000) (b)(c)(d) | | | 8,738,000 | | | | 8,811,836 | |
Ursa Re 2023-1 Class AA,
10.89% (3 Month US Treasury Bill Rate + 5.50%), 12/06/2025 (Acquired 04/12/2023; Cost $4,722,000) (b)(c)(d) | | | 4,722,000 | | | | 4,771,345 | |
Ursa Re 2023-1 Class C,
13.64% (3 Month US Treasury Bill Rate + 8.25%), 12/06/2025 (Acquired 04/12/2023 - 02/05/2024; Cost $4,573,999) (b)(c)(d) | | | 4,543,000 | | | | 4,653,622 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
6
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Earthquake - 11.9% (continued) | |
Ursa Re 2023-2 Class E,
14.64% (3 Month US Treasury Bill Rate + 9.25%), 12/07/2026 (Acquired 10/10/2023; Cost $22,015,000) (b)(c)(d) | | $ | 22,015,000 | | | $ | 22,245,057 | |
Ursa Re 2023-3 Class AA,
10.89% (3 Month US Treasury Bill Rate + 5.50%), 12/07/2026 (Acquired 12/01/2023 - 01/19/2024;
Cost $22,448,157) (b)(c)(d)(g) | | | 22,436,000 | | | | 22,816,290 | |
Ursa Re 2023-3 Class D,
14.14% (3 Month US Treasury Bill Rate + 8.75%), 12/07/2026 (Acquired 12/01/2023 - 01/19/2024; Cost $22,811,891) (b)(c)(d) | | | 22,798,000 | | | | 23,289,297 | |
Ursa Re II 2021-1 Class F,
12.01% (3 Month US Treasury Bill Rate + 6.63%), 12/06/2024 (Acquired 02/25/2021; Cost $8,620,000) (b)(c)(d) | | | 8,620,000 | | | | 8,428,636 | |
Ursa Re II 2022-1 Class A,
10.38% (3 Month US Treasury Bill Rate + 5.00%), 06/16/2025 (Acquired 05/27/2022 - 10/19/2023;
Cost $14,731,060) (b)(c)(d)(g) | | | 14,749,000 | | | | 14,756,374 | |
Ursa Re II 2022-1 Class E,
13.13% (3 Month US Treasury Bill Rate + 7.75%), 06/16/2025 (Acquired 05/27/2022; Cost $3,094,000) (b)(c)(d)(g) | | | 3,094,000 | | | | 3,063,678 | |
Ursa Re II 2022-2 Class AA,
12.38% (3 Month US Treasury Bill Rate + 7.00%), 12/06/2025 (Acquired 12/08/2022; Cost $2,419,000) (b)(c)(d) | | | 2,419,000 | | | | 2,497,739 | |
Ursa Re II 2022-2 Class C,
15.63% (3 Month US Treasury Bill Rate + 10.25%), 12/06/2025 (Acquired 12/08/2022 - 09/05/2023; Cost $4,455,635) (b)(c)(d) | | | 4,363,000 | | | | 4,578,096 | |
Veraison Re 2023-1 Class A,
11.88% (3 Month US Treasury Bill Rate + 6.50%), 03/09/2026 (Acquired 12/14/2022; Cost $4,854,000) (b)(c)(d) | | | 4,854,000 | | | | 5,065,634 | |
Veraison Re 2023-1 Class B,
17.38% (3 Month US Treasury Bill Rate + 12.00%), 03/09/2026 (Acquired 12/14/2022 - 10/26/2023; Cost $8,035,787) (b)(c)(d) | | | 7,885,000 | | | | 8,362,437 | |
Veraison Re 2024-1 Class A,
10.14% (3 Month US Treasury Bill Rate + 4.75%), 03/08/2027 (Acquired 01/30/2024; Cost $8,449,000) (b)(c)(d) | | | 8,449,000 | | | | 8,503,919 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Earthquake - 11.9% (continued) | |
Wrigley Re 2023-1 Class B,
12.39% (3 Month US Treasury Bill Rate + 7.00%), 08/07/2026 (Acquired 07/14/2023 - 09/05/2023; Cost $12,816,050) (b)(c)(d)(g) | | $ | 12,803,000 | | | $ | 13,188,370 | |
| | | | | | | | |
| | | | | | | 342,373,610 | |
| | | | | | | | |
| Fire - 0.4% | |
Power Protective Re 2021-1 Class A,
20.38% (3 Month US Treasury Bill Rate + 15.00%), 10/09/2024 (Acquired 09/29/2021; Cost $2,431,000) (b)(c)(d) | | | 2,431,000 | | | | 2,427,596 | |
SD Re 2021-1 Class A,
14.13% (3 Month US Treasury Bill Rate + 8.75%), 11/19/2024 (Acquired 10/18/2021; Cost $2,431,000) (b)(c)(d) | | | 2,431,000 | | | | 2,414,348 | |
SD Re 2021-1 Class B,
14.63% (3 Month US Treasury Bill Rate + 9.25%), 11/19/2024 (Acquired 10/18/2021; Cost $6,852,000) (b)(c)(d)(g) | | | 6,852,000 | | | | 6,811,573 | |
| | | | | | | | |
| | | | | | | 11,653,517 | |
| | | | | | | | |
| Flood - 3.5% | |
FloodSmart Re 2022-1 Class A,
17.21% (3 Month US Treasury Bill Rate + 11.83%), 02/25/2025 (Acquired 02/14/2022;
Cost $18,541,000) (b)(c)(d)(g) | | | 18,541,000 | | | | 18,185,207 | |
FloodSmart Re 2022-1 Class B,
19.71% (3 Month US Treasury Bill Rate + 14.33%), 02/25/2025 (Acquired 02/14/2022 - 10/24/2023; Cost $9,005,835) (b)(c)(d) | | | 9,033,000 | | | | 8,747,544 | |
FloodSmart Re 2022-1 Class C,
23.71% (3 Month US Treasury Bill Rate + 18.33%), 02/25/2025 (Acquired 02/14/2022; Cost $1,750,000) (b)(c)(d) | | | 1,750,000 | | | | 1,667,870 | |
FloodSmart Re 2023-1 Class A,
21.64% (3 Month US Treasury Bill Rate + 16.25%), 03/11/2026 (Acquired 02/24/2023; Cost $14,327,000) (b)(c)(d) | | | 14,327,000 | | | | 14,448,565 | |
FloodSmart Re 2023-1 Class B,
26.89% (3 Month US Treasury Bill Rate + 21.50%), 03/11/2026 (Acquired 02/24/2023; Cost $3,536,000) (b)(c)(d) | | | 3,536,000 | | | | 3,550,188 | |
FloodSmart Re 2024-1 Class A,
19.39% (3 Month US Treasury Bill Rate + 14.00%), 03/12/2027 (Acquired 02/29/2024; Cost $43,113,000) (b)(c)(d) | | | 43,113,000 | | | | 43,036,517 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
7
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Flood - 3.5% (continued) | |
FloodSmart Re 2024-1 Class B,
22.64% (3 Month US Treasury Bill Rate + 17.25%), 03/12/2027 (Acquired 02/29/2024; Cost $10,168,000) (b)(c)(d)(g) | | $ | 10,168,000 | | | $ | 10,053,102 | |
| | | | | | | | |
| | | | | | | 99,688,993 | |
| | | | | | | | |
| Mortality/Longevity - 0.3% | |
Vitality Re XIV 2023 Class A,
8.89% (3 Month US Treasury Bill Rate + 3.50%), 01/05/2027 (Acquired 03/07/2024 - 03/14/2024; Cost $7,544,589) (b)(c)(d)(g) | | | 7,417,000 | | | | 7,534,560 | |
| | | | | | | | |
| | | | | | | | |
| Mortality/Longevity/Disease - 1.4% | |
Vita Capital VI 2021-1 Class B,
8.47% (SOFR + 3.12%), 01/08/2026 (Acquired 07/02/2021 - 02/22/2023; Cost $9,411,214) (b)(c)(d)(e) | | | 9,482,000 | | | | 47,411 | |
Vitality Re XII 2021 Class A,
7.63% (3 Month US Treasury Bill Rate + 2.25%), 01/07/2025 (Acquired 01/29/2021 - 03/20/2024; Cost $14,594,690) (b)(c)(d)(g) | | | 14,608,000 | | | | 14,600,696 | |
Vitality Re XII 2021 Class B,
8.13% (3 Month US Treasury Bill Rate + 2.75%), 01/07/2025 (Acquired 01/29/2021- 03/14/2024; Cost $8,684,463) (b)(c)(d)(g) | | | 8,715,000 | | | | 8,683,626 | |
Vitality Re XIII 2022 Class A,
7.38% (3 Month US Treasury Bill Rate + 2.00%), 01/06/2026 (Acquired 01/04/2023; Cost $3,761,221) (b)(c)(d)(g) | | | 3,880,000 | | | | 3,848,960 | |
Vitality Re XIII 2022 Class B,
8.13% (3 Month US Treasury Bill Rate + 2.75%), 01/06/2026 (Acquired 09/27/2023 - 03/14/2024; Cost $5,557,018) (b)(c)(d)(g) | | | 5,635,000 | | | | 5,584,848 | |
Vitality Re XIV 2023 Class B,
9.89% (3 Month US Treasury Bill Rate + 4.50%), 01/05/2027 (Acquired 01/25/2023; Cost $2,416,000) (b)(c)(d) | | | 2,416,000 | | | | 2,450,428 | |
Vitality Re XV 2024 Class A,
7.89% (3 Month US Treasury Bill Rate + 2.50%), 01/07/2028 (Acquired 01/22/2024; Cost $3,822,000) (b)(c)(d)(g) | | | 3,822,000 | | | | 3,819,134 | |
Vitality Re XV 2024 Class B,
8.89% (3 Month US Treasury Bill Rate + 3.50%), 01/07/2028 (Acquired 01/22/2024; Cost $2,615,000) (b)(c)(d) | | | 2,615,000 | | | | 2,624,937 | |
| | | | | | | | |
| | | | | | | 41,660,040 | |
| | | | | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 21.1% | |
Aquila Re I 2023-1 Class A-1,
10.64% (3 Month US Treasury Bill Rate + 5.25%), 06/08/2026 (Acquired 05/10/2023 - 09/11/2023; Cost $3,498,186) (b)(c)(d) | | $ | 3,485,000 | | | $ | 3,511,137 | |
Aquila Re I 2023-1 Class B-1,
12.89% (3 Month US Treasury Bill Rate + 7.50%), 06/08/2026 (Acquired 05/10/2023; Cost $8,077,000) (b)(c)(d) | | | 8,077,000 | | | | 8,230,463 | |
Aquila Re I 2023-1 Class C-1,
14.64% (3 Month US Treasury Bill Rate + 9.25%), 06/08/2026 (Acquired 05/10/2023; Cost $8,854,000) (b)(c)(d)(g) | | | 8,854,000 | | | | 9,073,137 | |
Aquila Re I 2024-1 Class A-1,
10.89% (3 Month US Treasury Bill Rate + 5.50%), 06/07/2027 (Acquired 04/26/2024; Cost $5,778,000) (b)(c)(d) | | | 5,778,000 | | | | 5,778,000 | |
Aquila Re I 2024-1 Class B-1,
14.39% (3 Month US Treasury Bill Rate + 9.00%), 06/07/2027 (Acquired 04/26/2024; Cost $3,508,000) (b)(c)(d) | | | 3,508,000 | | | | 3,508,000 | |
Baldwin Re 2021-1 Class A,
7.42% (3 Month US Treasury Bill Rate + 2.04%), 07/07/2025 (Acquired 09/05/2023 - 02/06/2024; Cost $14,194,331) (b)(c)(d)(g) | | | 14,346,000 | | | | 14,208,278 | |
Baldwin Re 2023-1 Class A,
9.89% (3 Month US Treasury Bill Rate + 4.50%), 07/07/2027 (Acquired 06/21/2023; Cost $3,631,000) (b)(c)(d) | | | 3,631,000 | | | | 3,664,768 | |
Blue Halo Re 2022-1 Class A,
15.14% (3 Month US Treasury Bill Rate + 9.75%), 02/24/2025 (Acquired 02/11/2022; Cost $1,500,000) (b)(c)(d) | | | 1,500,000 | | | | 1,451,925 | |
Blue Halo Re 2022-1 Class B,
20.64% (3 Month US Treasury Bill Rate + 15.25%), 02/24/2025 (Acquired 02/11/2022 - 02/14/2024; Cost $6,591,841) (b)(c)(d) | | | 6,552,000 | | | | 6,323,008 | |
Bonanza Re 2023-2 Class A,
5.39% (3 Month US Treasury Bill Rate + 0.00%), 01/08/2025 (Acquired 12/19/2023; Cost $3,704,764) (b)(c)(d) | | | 4,406,000 | | | | 3,538,679 | |
Bowline Re 2022-1 Class A,
11.73% (3 Month US Treasury Bill Rate + 6.35%), 05/23/2025 (Acquired 05/12/2022; Cost $2,652,000) (b)(c)(d)(g) | | | 2,652,000 | | | | 2,666,056 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
8
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 21.1% (continued) | |
Bowline Re 2022-1 Class B,
21.56% (3 Month US Treasury Bill Rate + 16.18%), 05/23/2025 (Acquired 05/12/2022; Cost $2,431,000) (b)(c)(d) | | $ | 2,431,000 | | | $ | 2,445,343 | |
Bowline Re 2022-1 Class C,
13.13% (3 Month US Treasury Bill Rate + 7.75%), 05/23/2025 (Acquired 05/12/2022; Cost $2,500,000) (b)(c)(d) | | | 2,500,000 | | | | 2,504,250 | |
Caelus Re 2018-1 Class A,
5.88% (3 Month US Treasury Bill Rate + 0.50%), 06/09/2025 (Acquired 05/04/2018;
Cost $2,319,000) (b)(c)(d) | | | 2,319,000 | | | | 1,600,110 | |
Caelus Re 2018-1 Class B,
5.48% (3 Month US Treasury Bill Rate + 0.10%), 06/09/2025 (Acquired 05/04/2018 - 07/26/2018;
Cost $1,902,959) (b)(c)(d)(e) | | | 1,905,000 | | | | 4,858 | |
Caelus Re 2020-1 Class B-1,
10.48% (3 Month US Treasury Bill Rate + 5.10%), 06/07/2024 (Acquired 02/20/2020; Cost $3,536,000) (b)(c)(d) | | | 3,536,000 | | | | 3,531,580 | |
Caelus Re V 2017-1 Class B,
5.48% (3 Month US Treasury Bill Rate + 0.10%), 06/05/2024 (Acquired 04/27/2017; Cost $129,700) (b)(c)(d)(e) | | | 129,700 | | | | 117,054 | |
Caelus Re V 2017-1 Class C,
5.53% (1 Month LIBOR US + 0.10%), 06/05/2024 (Acquired 04/27/2017; Cost $471,339) (b)(c)(d)(e)(h) | | | 471,339 | | | | 153,185 | |
Finca Re 2022-1 Class A,
13.37% (3 Month US Treasury Bill Rate + 7.99%), 06/06/2025 (Acquired 06/28/2022; Cost $3,094,000) (b)(c)(d) | | | 3,094,000 | | | | 3,155,261 | |
Foundation Re 2023-1 Class A,
11.64% (3 Month US Treasury Bill Rate + 6.25%), 01/08/2027 (Acquired 12/19/2023; Cost $10,253,000) (b)(c)(d)(g) | | | 10,253,000 | | | | 10,225,830 | |
Four Lakes Re 2021-1 Class A,
9.65% (3 Month US Treasury Bill Rate + 4.27%), 01/07/2025 (Acquired 12/15/2021 - 10/11/2023; Cost $4,175,942) (b)(c)(d) | | | 4,194,000 | | | | 4,088,311 | |
Four Lakes Re 2022-1 Class A,
11.88% (3 Month US Treasury Bill Rate + 6.50%), 01/07/2026 (Acquired 12/22/2022; Cost $1,313,000) (b)(c)(d) | | | 1,313,000 | | | | 1,317,661 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 21.1% (continued) | |
Four Lakes Re 2023-1 Class A,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 01/07/2027 (Acquired 12/08/2023;
Cost $3,003,000) (b)(c)(d) | | $ | 3,003,000 | | | $ | 3,033,030 | |
Fuchsia 2023-1 Class A,
15.39% (3 Month US Treasury Bill Rate + 10.00%), 04/06/2027 (Acquired 12/14/2023; Cost $7,799,000) (b)(c)(d) | | | 7,799,000 | | | | 7,799,000 | |
Galileo Re 2023-1 Class A,
12.39% (3 Month US Treasury Bill Rate + 7.00%), 01/07/2028 (Acquired 12/04/2023; Cost $12,112,000) (b)(c)(d)(g) | | | 12,112,000 | | | | 12,409,350 | |
Galileo Re 2023-1 Class B,
12.39% (3 Month US Treasury Bill Rate + 7.00%), 01/08/2026 (Acquired 12/04/2023; Cost $3,773,000) (b)(c)(d) | | | 3,773,000 | | | | 3,808,466 | |
Herbie Re 2020-1 Class A,
14.68% (3 Month US Treasury Bill Rate + 9.30%), 07/08/2024 (Acquired 06/09/2020; Cost $6,100,000) (b)(c)(d) | | | 6,100,000 | | | | 6,148,800 | |
Herbie Re 2020-2 Class A,
12.11% (3 Month US Treasury Bill Rate + 6.73%), 01/08/2025 (Acquired 10/19/2020 - 04/08/2024; Cost $6,204,429) (b)(c)(d) | | | 6,246,000 | | | | 6,168,237 | |
Herbie Re 2020-2 Class B,
15.10% (3 Month US Treasury Bill Rate + 9.72%), 01/08/2025 (Acquired 10/19/2020 - 03/31/2022; Cost $3,555,244) (b)(c)(d) | | | 3,536,000 | | | | 3,426,030 | |
Herbie Re 2020-2 Class C,
21.23% (3 Month US Treasury Bill Rate + 15.85%), 01/08/2026 (Acquired 10/19/2020 - 05/05/2021; Cost $933,388) (b)(c)(d)(e) | | | 933,284 | | | | 559,971 | |
High Point Re 2023-1 Class A,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 01/06/2027 (Acquired 12/01/2023; Cost $23,828,000) (b)(c)(d) | | | 23,828,000 | | | | 23,934,035 | |
Hypatia Ltd. 2023-1 Class A,
15.89% (3 Month US Treasury Bill Rate + 10.50%), 04/08/2026 (Acquired 03/27/2023; Cost $2,761,000) (b)(c)(d) | | | 2,761,000 | | | | 2,900,430 | |
Kilimanjaro III Re 2019-1 Class A-1,
22.04% (3 Month US Treasury Bill Rate + 16.66%), 12/19/2026 (Acquired 12/09/2019; Cost $5,462,091) (b)(c)(d) | | | 5,462,091 | | | | 4,994,536 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
9
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 21.1% (continued) | |
Kilimanjaro III Re 2019-2 Class A-2,
22.04% (3 Month US Treasury Bill Rate + 16.66%), 12/19/2024 (Acquired 12/09/2019 - 07/17/2020; Cost $8,514,645) (b)(c)(d) | | $ | 8,574,787 | | | $ | 7,840,785 | |
Kilimanjaro III Re 2019-2 Class B-2,
15.29% (3 Month US Treasury Bill Rate + 9.91%), 12/19/2024 (Acquired 12/09/2019; Cost $8,178,000) (b)(c)(d) | | | 8,178,000 | | | | 8,070,459 | |
Locke Tavern Re 2023-1 Class A,
10.17% (3 Month US Treasury Bill Rate + 4.78%), 04/09/2026 (Acquired 03/23/2023 - 10/23/2023; Cost $12,720,755) (b)(c)(d) | | | 12,633,000 | | | | 12,696,165 | |
Long Point Re IV 2022-1 Class A,
9.63% (3 Month US Treasury Bill Rate + 4.25%), 06/01/2026 (Acquired 05/13/2022 - 09/28/2023; Cost $30,963,724) (b)(c)(d) | | | 30,973,000 | | | | 31,078,308 | |
Merna Re II 2022-2 Class A,
12.92% (3 Month US Treasury Bill Rate + 7.54%), 07/07/2025 (Acquired 06/07/2022; Cost $6,631,000) (b)(c)(d) | | | 6,631,000 | | | | 6,584,387 | |
Merna Re II 2023-1 Class A,
13.14% (3 Month US Treasury Bill Rate + 7.75%), 07/07/2026 (Acquired 04/05/2023; Cost $7,899,000) (b)(c)(d) | | | 7,899,000 | | | | 8,169,146 | |
Merna Re II 2023-2 Class A,
15.64% (3 Month US Treasury Bill Rate + 10.25%), 07/07/2026 (Acquired 04/05/2023; Cost $9,036,000) (b)(c)(d) | | | 9,036,000 | | | | 9,601,202 | |
Mona Lisa Re 2021-1 Class A,
12.38% (3 Month US Treasury Bill Rate + 7.00%), 07/08/2025 (Acquired 06/22/2021 - 02/18/2022; Cost $10,754,524) (b)(c)(d)(g) | | | 10,745,000 | | | | 10,536,010 | |
Montoya Re 2022-2 Class A,
19.38% (3 Month US Treasury Bill Rate + 14.00%), 04/07/2026 (Acquired 12/08/2022; Cost $1,319,000) (b)(c)(d) | | | 1,319,000 | | | | 1,437,446 | |
Mountain Re 2023-1 Class A,
12.14% (3 Month US Treasury Bill Rate + 6.75%), 06/05/2026 (Acquired 05/24/2023 - 03/05/2024; Cost $7,899,683) (b)(c)(d) | | | 7,804,000 | | | | 7,956,568 | |
Mystic Re IV 2021-2 Class A,
11.48% (3 Month US Treasury Bill Rate + 6.10%), 01/08/2025 (Acquired 06/09/2021 - 04/07/2022; Cost $13,684,472) (b)(c)(d)(g) | | | 13,695,000 | | | | 13,466,978 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 21.1% (continued) | |
Mystic Re IV 2021-2 Class B,
17.07% (3 Month US Treasury Bill Rate + 11.69%), 01/08/2025 (Acquired 06/09/2021; Cost $2,250,000) (b)(c)(d) | | $ | 2,250,000 | | | $ | 2,210,737 | |
Mystic Re IV 2023-1 Class A,
14.63% (3 Month US Treasury Bill Rate + 9.25%), 01/08/2026 (Acquired 12/16/2022 - 04/10/2024; Cost $8,017,632) (b)(c)(d) | | | 7,925,000 | | | | 8,168,694 | |
Residential Re 2019-I Class 12,
5.48% (3 Month US Treasury Bill Rate + 0.10%), 06/06/2026 (Acquired 05/08/2019; Cost $247,500) (b)(c)(d) | | | 247,500 | | | | 155,913 | |
Residential Re 2020-I Class 13,
10.88% (3 Month US Treasury Bill Rate + 5.50%), 06/06/2024 (Acquired 05/27/2020; Cost $2,241,000) (b)(c)(d) | | | 2,241,000 | | | | 2,231,476 | |
Residential Re 2020-II Class 3,
14.04% (3 Month US Treasury Bill Rate + 8.66%), 12/06/2024 (Acquired 10/30/2020; Cost $914,000) (b)(c)(d) | | | 914,000 | | | | 892,567 | |
Residential Re 2020-II Class 4,
11.39% (3 Month US Treasury Bill Rate + 6.01%), 12/06/2024 (Acquired 10/30/2020 - 02/24/2021; Cost $4,411,321) (b)(c)(d) | | | 4,404,000 | | | | 4,311,736 | |
Residential Re 2021-I Class 11,
15.31% (3 Month US Treasury Bill Rate + 9.93%), 06/06/2025 (Acquired 05/06/2021 - 03/31/2022; Cost $8,419,579) (b)(c)(d) | | | 8,427,000 | | | | 7,601,575 | |
Residential Re 2021-I Class 12,
10.89% (3 Month US Treasury Bill Rate + 5.51%), 06/06/2025 (Acquired 05/06/2021 - 07/17/2023; Cost $9,244,678) (b)(c)(d)(g) | | | 9,621,000 | | | | 8,857,574 | |
Residential Re 2021-I Class 13,
9.04% (3 Month US Treasury Bill Rate + 3.66%), 06/06/2025 (Acquired 05/06/2021 - 02/09/2022; Cost $5,306,432) (b)(c)(d) | | | 5,305,000 | | | | 5,010,572 | |
Residential Re 2021-I Class 14,
7.88% (3 Month US Treasury Bill Rate + 2.50%), 06/06/2025 (Acquired 05/06/2021 - 03/31/2022; Cost $6,846,817) (b)(c)(d) | | | 6,852,000 | | | | 6,592,994 | |
Residential Re 2022-I Class 11,
17.89% (3 Month US Treasury Bill Rate + 12.51%), 06/06/2026 (Acquired 05/02/2022; Cost $3,094,000) (b)(c)(d) | | | 3,094,000 | | | | 2,799,297 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
10
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 21.1% (continued) | |
Residential Re 2022-I Class 12,
13.17% (3 Month US Treasury Bill Rate + 7.79%), 06/06/2026 (Acquired 05/02/2022; Cost $4,421,000) (b)(c)(d) | | $ | 4,421,000 | | | $ | 3,909,269 | |
Residential Re 2022-I Class 13,
10.70% (3 Month US Treasury Bill Rate + 5.32%), 06/06/2026 (Acquired 05/02/2022 - 03/05/2024; Cost $11,531,778) (b)(c)(d) | | | 11,613,000 | | | | 10,905,188 | |
Residential Re 2022-I Class 14,
9.38% (3 Month US Treasury Bill Rate + 4.00%), 06/06/2026 (Acquired 05/02/2022; Cost $12,642,000) (b)(c)(d) | | | 12,642,000 | | | | 12,083,856 | |
Residential Re 2023-I Class 13,
15.89% (3 Month US Treasury Bill Rate + 10.50%), 06/06/2027 (Acquired 04/28/2023; Cost $13,644,000) (b)(c)(d) | | | 13,644,000 | | | | 13,279,705 | |
Residential Re 2023-I Class 14,
11.89% (3 Month US Treasury Bill Rate + 6.50%), 06/06/2027 (Acquired 04/28/2023 - 09/22/2023; Cost $24,484,420) (b)(c)(d) | | | 24,536,000 | | | | 24,290,640 | |
Residential Re 2023-II Class 2,
5.39% (3 Month US Treasury Bill Rate + 0.00%), 12/06/2024 (Acquired 11/07/2023; Cost $1,986,575) (b)(c)(d) | | | 2,162,000 | | | | 1,952,394 | |
Residential Re 2023-II Class 3,
13.89% (3 Month US Treasury Bill Rate + 8.50%), 12/06/2027 (Acquired 11/07/2023; Cost $7,078,000) (b)(c)(d) | | | 7,078,000 | | | | 7,030,224 | |
Residential Re 2023-II Class 5,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 12/06/2027 (Acquired 11/07/2023; Cost $16,515,000) (b)(c)(d)(g) | | | 16,515,000 | | | | 16,491,053 | |
Residential Re 2024-I Class 14,
11.14% (3 Month US Treasury Bill Rate + 0.50%), 06/06/2028 (Acquired 04/25/2024; Cost $5,160,000) (b)(c)(d) | | | 5,160,000 | | | | 5,160,000 | |
Riverfront Re 2021 Class A,
9.62% (3 Month US Treasury Bill Rate + 4.24%), 01/07/2025 (Acquired 05/21/2021 - 07/13/2023; Cost $10,876,614) (b)(c)(d) | | | 10,902,000 | | | | 10,660,521 | |
Riverfront Re 2021 Class B,
12.44% (3 Month US Treasury Bill Rate + 7.06%), 01/07/2025 (Acquired 05/21/2021; Cost $2,431,000) (b)(c)(d) | | | 2,431,000 | | | | 2,352,479 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 21.1% (continued) | |
Sakura Re 2022-1 Class A,
18.88% (3 Month US Treasury Bill Rate + 13.50%), 01/05/2026 (Acquired 12/22/2022; Cost $5,224,000) (b)(c)(d) | | $ | 5,224,000 | | | $ | 5,636,174 | |
Sanders Re II 2021-1 Class A,
8.67% (3 Month US Treasury Bill Rate + 3.29%), 04/07/2025 (Acquired 05/24/2021 - 10/26/2023; Cost $13,897,749) (b)(c)(d) | | | 14,115,000 | | | | 13,876,457 | |
Sanders Re II 2021-2 Class A,
8.43% (3 Month US Treasury Bill Rate + 3.05%), 04/07/2025 (Acquired 11/23/2021 - 10/26/2023; Cost $7,652,104) (b)(c)(d) | | | 7,770,000 | | | | 7,591,678 | |
Sanders Re II 2021-2 Class B,
17.27% (3 Month US Treasury Bill Rate + 11.89%), 04/07/2025 (Acquired 11/23/2021; Cost $1,500,000) (b)(c)(d) | | | 1,500,000 | | | | 1,380,150 | |
Sanders Re III 2022-1 Class A,
8.99% (3 Month US Treasury Bill Rate + 3.61%), 04/07/2026 (Acquired 03/22/2022 - 10/02/2023; Cost $18,008,555) (b)(c)(d) | | | 18,425,000 | | | | 17,880,541 | |
Sanders Re III 2022-1 Class B,
16.29% (3 Month US Treasury Bill Rate + 10.91%), 04/07/2026 (Acquired 03/22/2022; Cost $6,189,000) (b)(c)(d) | | | 6,189,000 | | | | 5,548,129 | |
Sanders Re III 2022-2 Class A,
11.87% (3 Month US Treasury Bill Rate + 6.49%), 06/07/2025 (Acquired 05/26/2022 - 03/21/2024; Cost $10,191,793) (b)(c)(d) | | | 10,138,000 | | | | 10,457,854 | |
Sanders Re III 2022-2 Class B,
14.13% (3 Month US Treasury Bill Rate + 8.75%), 06/07/2025 (Acquired 05/26/2022 - 03/28/2024; Cost $10,367,875) (b)(c)(d)(g) | | | 10,301,000 | | | | 10,451,910 | |
Sanders Re III 2022-3 Class A,
11.63% (3 Month US Treasury Bill Rate + 6.25%), 04/07/2027 (Acquired 12/01/2022; Cost $4,607,000) (b)(c)(d) | | | 4,607,000 | | | | 4,662,975 | |
Sanders Re III 2023-1 Class A,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 04/07/2027 (Acquired 03/24/2023; Cost $3,162,000) (b)(c)(d) | | | 3,162,000 | | | | 3,172,909 | |
Sanders Re III 2023-1 Class B,
15.50% (3 Month US Treasury Bill Rate + 15.50%), 04/07/2027 (Acquired 03/24/2023; Cost $3,954,000) (b)(c)(d) | | | 3,954,000 | | | | 3,742,263 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
11
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 21.1% (continued) | |
Sanders Re III 2023-2 Class A,
13.39% (3 Month US Treasury Bill Rate + 8.00%), 06/05/2026 (Acquired 05/24/2023; Cost $16,799,000) (b)(c)(d)(g) | | $ | 16,799,000 | | | $ | 17,147,579 | |
Sanders Re III 2024-1 Class A,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 04/07/2028 (Acquired 01/16/2024; Cost $16,873,000) (b)(c)(d) | | | 16,873,000 | | | | 16,946,398 | |
Solomon Re 2023-1 Class A,
10.64% (3 Month US Treasury Bill Rate + 5.25%), 06/08/2026 (Acquired 06/12/2023 - 08/16/2023; Cost $4,734,732) (b)(c)(d) | | | 4,719,000 | | | | 4,794,976 | |
Stabilitas Re 2023-1 Class A,
13.89% (3 Month US Treasury Bill Rate + 8.50%), 06/05/2026 (Acquired 06/07/2023; Cost $1,500,000) (b)(c)(d) | | | 1,500,000 | | | | 1,552,800 | |
Sussex Capital UK PCC 2020-1,
13.74% (3 Month US Treasury Bill Rate + 8.36%), 01/08/2025 (Acquired 12/07/2020 - 01/05/2022; Cost $12,665,179) (b)(c)(d)(g) | | | 12,642,000 | | | | 12,308,883 | |
Titania Re 2021-1 Class A,
10.49% (3 Month US Treasury Bill Rate + 5.11%), 06/21/2024 (Acquired 06/09/2021 - 03/24/2022; Cost $7,515,701) (b)(c)(d) | | | 7,515,000 | | | | 7,511,618 | |
Titania Re 2021-2 Class A,
11.88% (3 Month US Treasury Bill Rate + 6.50%), 12/27/2024 (Acquired 12/08/2021; Cost $3,979,000) (b)(c)(d) | | | 3,979,000 | | | | 3,834,761 | |
Topanga Re 2021-1 Class A,
5.05% (3 Month US Treasury Bill Rate + 5.05%), 01/08/2026 (Acquired 12/08/2021; Cost $6,189,000) (b)(c)(d) | | | 6,189,000 | | | | 5,956,603 | |
Topanga Re 2021-1 Class B,
10.50%, 01/08/2028 (Acquired 12/08/2021; Cost $2,652,000) (b)(c)(d)(f) | | | 2,652,000 | | | | 2,081,820 | |
Vista Re 2022-1 Class A,
19.36% (3 Month US Treasury Bill Rate + 13.98%), 05/21/2025 (Acquired 04/21/2022; Cost $3,979,000) (b)(c)(d) | | | 3,979,000 | | | | 4,006,455 | |
Yosemite Re 2022-1 Class A,
15.36% (3 Month US Treasury Bill Rate + 9.98%), 06/06/2025 (Acquired 05/31/2022; Cost $4,421,000)(b)(c)(d) | | | 4,421,000 | | | | 4,527,104 | |
| | | | | | | | |
| | | | | | | 605,734,734 | |
| | | | | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Windstorm - 31.1% | |
Alamo Re 2021-1 Class A,
12.56% (3 Month US Treasury Bill Rate + 7.18%), 06/07/2024 (Acquired 05/21/2021 - 03/09/2023; Cost $31,201,706) (b)(c)(d) | | $ | 31,212,000 | | | $ | 31,347,772 | |
Alamo Re 2022-1 Class A,
12.87% (3 Month US Treasury Bill Rate + 7.49%), 06/07/2025 (Acquired 05/23/2022 - 03/28/2024; Cost $15,860,719) (b)(c)(d)(g) | | | 15,848,000 | | | | 15,760,044 | |
Alamo Re 2023-1 Class A,
13.89% (3 Month US Treasury Bill Rate + 8.50%), 06/07/2026 (Acquired 04/12/2023; Cost $18,352,000) (b)(c)(d)(g) | | | 18,352,000 | | | | 18,797,954 | |
Alamo Re 2024-1 Class A,
11.39% (3 Month US Treasury Bill Rate + 6.00%), 06/07/2027 (Acquired 04/04/2024; Cost $42,054,000) (b)(c)(d)(g) | | | 42,054,000 | | | | 42,020,357 | |
Alamo Re 2024-1 Class B,
13.14% (3 Month US Treasury Bill Rate + 7.75%), 06/07/2027 (Acquired 04/04/2024; Cost $56,072,000) (b)(c)(d)(g) | | | 56,072,000 | | | | 56,027,142 | |
Alamo Re 2024-1 Class C,
16.64% (3 Month US Treasury Bill Rate + 11.25%), 06/07/2026 (Acquired 04/04/2024; Cost $45,353,000) (b)(c)(d)(g) | | | 45,353,000 | | | | 45,316,718 | |
Armor Re II 2024-1 Class A,
15.64% (3 Month US Treasury Bill Rate + 10.25%), 05/07/2027 (Acquired 04/11/2024; Cost $16,231,000) (b)(c)(d)(g) | | | 16,231,000 | | | | 16,222,073 | |
Astro Re 2021-1 Class A,
13.38% (3 Month US Treasury Bill Rate + 8.00%), 07/08/2025 (Acquired 07/06/2021; Cost $3,183,000) (b)(c)(d)(e) | | | 3,183,000 | | | | 2,307,675 | |
Bayou Re 2023-1 Class A,
18.14% (3 Month US Treasury Bill Rate + 12.75%), 05/26/2026 (Acquired 05/11/2023; Cost $5,665,000) (b)(c)(d) | | | 5,665,000 | | | | 5,838,632 | |
Bayou Re 2023-1 Class B,
24.89% (3 Month US Treasury Bill Rate + 19.50%), 05/26/2026 (Acquired 05/11/2023; Cost $8,678,000) (b)(c)(d) | | | 8,678,000 | | | | 9,030,327 | |
Bayou Re 2024-1 Class A,
13.89% (3 Month US Treasury Bill Rate + 8.50%), 04/30/2027 (Acquired 04/18/2024; Cost $14,875,000) (b)(c)(d) | | | 14,875,000 | | | | 14,867,563 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
12
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Windstorm - 31.1% (continued) | |
Bayou Re 2024-1 Class B,
23.89% (3 Month US Treasury Bill Rate + 18.50%), 04/30/2027 (Acquired 04/18/2024; Cost $4,958,000) (b)(c)(d) | | $ | 4,958,000 | | | $ | 4,955,521 | |
Blue Ridge Re 2023-1 Class A,
10.64% (3 Month US Treasury Bill Rate + 5.25%), 01/08/2027 (Acquired 11/14/2023; Cost $18,166,000) (b)(c)(d)(g) | | | 18,166,000 | | | | 18,027,938 | |
Blue Ridge Re 2023-1 Class B,
13.39% (3 Month US Treasury Bill Rate + 8.00%), 01/08/2027 (Acquired 11/14/2023; Cost $22,115,000) (b)(c)(d)(g) | | | 22,115,000 | | | | 22,504,224 | |
Bonanza Re 2020-2 Class A,
10.29% (3 Month US Treasury Bill Rate + 4.91%), 12/23/2024 (Acquired 12/15/2020; Cost $2,510,000) (b)(c)(d)(g) | | | 2,510,000 | | | | 2,450,638 | |
Bonanza Re 2022-2 Class A,
11.16% (3 Month US Treasury Bill Rate + 5.78%), 03/16/2025 (Acquired 03/11/2022; Cost $3,979,000) (b)(c)(d) | | | 3,979,000 | | | | 3,598,410 | |
Cape Lookout Re 2022-1 Class A,
14.97% (3 Month US Treasury Bill Rate + 9.59%), 03/28/2025 (Acquired 03/16/2022; Cost $21,912,000) (b)(c)(d)(g) | | | 21,912,000 | | | | 21,834,212 | |
Cape Lookout Re 2023-1 Class A,
13.81% (3 Month US Treasury Bill Rate + 8.42%), 04/28/2026 (Acquired 04/14/2023 - 07/24/2023; Cost $23,197,669) (b)(c)(d)(g) | | | 23,175,000 | | | | 23,731,200 | |
Cape Lookout Re 2024-1 Class A,
13.39% (3 Month US Treasury Bill Rate + 8.00%), 04/05/2027 (Acquired 03/12/2024; Cost $43,119,000) (b)(c)(d)(g) | | | 43,119,000 | | | | 43,151,339 | |
Catahoula Re II 2022-1 Class A,
15.63% (3 Month US Treasury Bill Rate + 10.25%), 06/16/2025 (Acquired 06/02/2022 - 04/02/2024; Cost $13,275,454) (b)(c)(d) | | | 13,200,000 | | | | 13,495,680 | |
Catahoula Re II 2022-1 Class B,
18.62% (3 Month US Treasury Bill Rate + 13.24%), 06/16/2025 (Acquired 06/02/2022; Cost $7,073,000) (b)(c)(d) | | | 7,073,000 | | | | 7,207,387 | |
Charles River Re 2024-1 Class A,
5.89% (3 Month US Treasury Bill Rate + 0.50%), 05/10/2027 (Acquired 04/05/2024; Cost $10,275,000) (b)(c)(d) | | | 10,275,000 | | | | 10,266,780 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Windstorm - 31.1% (continued) | |
Citrus Re 2022-1 Class A,
10.62% (3 Month US Treasury Bill Rate + 5.24%), 06/07/2025 (Acquired 04/11/2022; Cost $5,526,000) (b)(c)(d) | | $ | 5,526,000 | | | $ | 5,520,198 | |
Citrus Re 2023-1 Class A,
12.14% (3 Month US Treasury Bill Rate + 6.75%), 06/07/2026 (Acquired 04/27/2023; Cost $7,663,000) (b)(c)(d) | | | 7,663,000 | | | | 7,848,061 | |
Citrus Re 2023-1 Class B,
14.39% (3 Month US Treasury Bill Rate + 9.00%), 06/07/2026 (Acquired 04/27/2023; Cost $6,655,000) (b)(c)(d) | | | 6,655,000 | | | | 6,871,287 | |
Citrus Re 2024-1 Class A,
14.64% (3 Month US Treasury Bill Rate + 9.25%), 06/07/2027 (Acquired 03/19/2024; Cost $3,105,000) (b)(c)(d) | | | 3,105,000 | | | | 3,096,927 | |
Citrus Re 2024-1 Class B,
15.89% (3 Month US Treasury Bill Rate + 10.50%), 06/07/2027 (Acquired 03/19/2024; Cost $5,980,000) (b)(c)(d) | | | 5,980,000 | | | | 5,963,256 | |
Commonwealth Re 2022-1 Class A,
8.92% (3 Month US Treasury Bill Rate + 3.54%), 07/08/2025 (Acquired 06/15/2022; Cost $1,750,000) (b)(c)(d) | | | 1,750,000 | | | | 1,749,475 | |
Commonwealth Re 2023-1 Class A,
9.39% (3 Month US Treasury Bill Rate + 4.00%), 07/08/2026 (Acquired 06/07/2023 - 08/18/2023; Cost $8,651,953) (b)(c)(d) | | | 8,630,000 | | | | 8,699,903 | |
Everglades Re II 2021-1 Class A,
11.98% (3 Month US Treasury Bill Rate + 6.61%), 05/14/2024 (Acquired 05/12/2021 - 07/12/2023; Cost $21,113,191) (b)(c)(d) | | | 21,116,000 | | | | 21,109,665 | |
Everglades Re II 2021-1 Class B,
13.00% (3 Month US Treasury Bill Rate + 7.63%), 05/14/2024 (Acquired 05/12/2021; Cost $26,758,000) (b)(c)(d) | | | 26,758,000 | | | | 26,749,973 | |
Everglades Re II 2021-2 Class A,
11.50% (3 Month US Treasury Bill Rate + 6.13%), 05/14/2024 (Acquired 05/12/2021; Cost $23,597,000) (b)(c)(d) | | | 23,597,000 | | | | 23,589,922 | |
Everglades Re II 2022-1 Class A,
14.13% (3 Month US Treasury Bill Rate + 8.75%), 05/19/2025 (Acquired 05/19/2022; Cost $13,695,000) (b)(c)(d)(g) | | | 13,695,000 | | | | 13,471,771 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
13
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Windstorm - 31.1% (continued) | |
First Coast Re III 2021-1 Class A,
11.38% (3 Month US Treasury Bill Rate + 6.00%), 04/07/2025 (Acquired 03/04/2021 - 08/18/2023; Cost $6,201,721) (b)(c)(d) | | $ | 6,288,000 | | | $ | 6,086,470 | |
First Coast Re IV 2023-1 Class A,
9.00% (3 Month US Treasury Bill Rate + 9.00%), 04/07/2026 (Acquired 03/24/2023; Cost $2,000,000) (b)(c)(d) | | | 2,000,000 | | | | 2,009,200 | |
Fish Pond Re 2024-1 Class A,
9.39% (3 Month US Treasury Bill Rate + 4.00%), 01/08/2027 (Acquired 12/22/2023; Cost $9,081,000) (b)(c)(d) | | | 9,081,000 | | | | 9,099,793 | |
Frontline 2018-1 Class A,
5.48% (3 Month US Treasury Bill Rate + 0.10%), 07/06/2026 (Acquired 06/12/2018; Cost $673,764) (b)(c)(d)(e) | | | 673,764 | | | | 353,726 | |
Gateway Re 2022-1 Class A,
13.96% (3 Month US Treasury Bill Rate + 8.58%), 05/12/2025 (Acquired 04/22/2022 - 01/10/2024; Cost $10,157,854) (b)(c)(d) | | | 10,140,000 | | | | 10,342,800 | |
Gateway Re 2023-1 Class A,
18.39% (3 Month US Treasury Bill Rate + 13.00%), 02/24/2026 (Acquired 02/03/2023; Cost $13,725,000) (b)(c)(d) | | | 13,725,000 | | | | 14,676,142 | |
Gateway Re 2023-1 Class B,
25.39% (3 Month US Treasury Bill Rate + 20.00%), 02/24/2026 (Acquired 02/03/2023; Cost $3,113,000) (b)(c)(d) | | | 3,113,000 | | | | 3,153,780 | |
Gateway Re 2023-3 Class A,
15.39% (3 Month US Treasury Bill Rate + 10.00%), 07/08/2026 (Acquired 07/14/2023; Cost $5,404,000) (b)(c)(d) | | | 5,404,000 | | | | 5,578,279 | |
Gateway Re 2024-1 Class A,
5.39% (3 Month US Treasury Bill Rate), 12/23/2024 (Acquired 03/11/2024; Cost $8,079,395) (b)(c)(d) | | | 8,623,000 | | | | 8,016,372 | |
Gateway Re 2024-1 Class AA,
6.89% (3 Month US Treasury Bill Rate + 1.50%), 07/08/2027 (Acquired 03/11/2024; Cost $7,392,000) (b)(c)(d) | | | 7,392,000 | | | | 7,382,760 | |
Gateway Re 2024-2 Class C,
5.39% (3 Month US Treasury Bill Rate), 12/23/2024 (Acquired 03/28/2024; Cost $12,161,302) (b)(c)(d) | | | 13,159,000 | | | | 12,063,513 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Windstorm - 31.1% (continued) | |
Gateway Re II 2023-1 Class A,
14.89% (3 Month US Treasury Bill Rate + 9.50%), 04/27/2026 (Acquired 04/13/2023; Cost $4,542,000) (b)(c)(d) | | $ | 4,542,000 | | | $ | 4,677,125 | |
Hestia Re 2022-1 Class A,
14.75% (3 Month US Treasury Bill Rate + 9.37%), 04/22/2025 (Acquired 04/04/2022 - 03/20/2024; Cost $16,056,675) (b)(c)(d) | | | 16,247,000 | | | | 15,597,120 | |
Hestia Re 2023-1 Class A,
15.14% (3 Month US Treasury Bill Rate + 9.75%), 04/07/2026 (Acquired 03/16/2023 - 07/19/2023; Cost $3,762,433) (b)(c)(d) | | | 3,750,000 | | | | 3,787,688 | |
Integrity Re 2020-1 Class A,
6.08% (3 Month LIBOR US + 0.50%), 04/12/2028 (Acquired 03/18/2020 - 05/05/2021; Cost $6,798,000) (b)(c)(d)(e)(h) | | | 6,798,000 | | | | 50,985 | |
Integrity Re 2022-1 Class A,
12.45% (3 Month US Treasury Bill Rate + 7.07%), 06/06/2025 (Acquired 05/09/2022; Cost $5,968,000) (b)(c)(d)(g) | | | 5,968,000 | | | | 4,326,800 | |
Integrity Re 2023-1 Class A,
17.39% (3 Month US Treasury Bill Rate + 12.00%), 06/06/2025 (Acquired 03/23/2023; Cost $5,139,000) (b)(c)(d) | | | 5,139,000 | | | | 5,277,496 | |
Integrity Re 2024-1 Class A,
15.89% (3 Month US Treasury Bill Rate + 10.50%), 06/06/2026 (Acquired 03/01/2024; Cost $5,694,000) (b)(c)(d) | | | 5,694,000 | | | | 5,690,014 | |
Integrity Re 2024-1 Class B,
18.64% (3 Month US Treasury Bill Rate + 13.25%), 06/06/2026 (Acquired 03/01/2024; Cost $3,254,000) (b)(c)(d) | | | 3,254,000 | | | | 3,238,055 | |
Integrity Re 2024-1 Class C,
22.39% (3 Month US Treasury Bill Rate + 17.00%), 06/06/2026 (Acquired 03/01/2024; Cost $5,694,000) (b)(c)(d) | | | 5,694,000 | | | | 5,659,836 | |
Integrity Re 2024-1 Class D,
28.39% (3 Month US Treasury Bill Rate + 23.00%), 06/06/2026 (Acquired 03/01/2024; Cost $8,948,000) (b)(c)(d) | | | 8,948,000 | | | | 8,880,890 | |
Lightning Re 2023-1 Class A,
16.39% (3 Month US Treasury Bill Rate + 11.00%), 03/31/2026 (Acquired 03/20/2023 - 04/10/2024; Cost $46,851,035) (b)(c)(d) | | | 44,870,000 | | | | 47,425,347 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
14
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Windstorm - 31.1% (continued) | |
Lower Ferry Re 2023-1 Class A,
9.64% (3 Month US Treasury Bill Rate + 4.25%), 07/08/2026 (Acquired 06/23/2023 - 08/25/2023; Cost $7,474,501) (b)(c)(d) | | $ | 7,458,000 | | | $ | 7,551,598 | |
Lower Ferry Re 2023-1 Class B,
10.39% (3 Month US Treasury Bill Rate + 5.00%), 07/08/2026 (Acquired 06/23/2023; Cost $9,431,000) (b)(c)(d) | | | 9,431,000 | | | | 9,579,538 | |
Matterhorn Re SR2022-2 Class C,
14.37% (SOFR + 9.03%), 06/07/2024 (Acquired 06/08/2022 - 09/08/2023; Cost $7,011,483) (b)(c)(d) | | | 6,999,000 | | | | 7,017,197 | |
Mayflower Re 2023-1 Class A,
4.50% (3 Month US Treasury Bill Rate + 4.50%), 07/08/2026 (Acquired 06/26/2023 - 08/17/2023; Cost $8,345,432) (b)(c)(d) | | | 8,338,000 | | | | 8,468,073 | |
Mayflower Re 2023-1 Class B,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 07/08/2026 (Acquired 06/26/2023; Cost $17,393,000) (b)(c)(d)(g) | | | 17,393,000 | | | | 17,792,169 | |
Merna Re II 2021-2 Class A,
10.89% (3 Month US Treasury Bill Rate + 5.51%), 07/08/2024 (Acquired 06/08/2021 - 10/18/2023; Cost $13,867,097) (b)(c)(d) | | | 13,878,000 | | | | 13,839,724 | |
Metrocat Re 2023-1 Class A,
5.75% (3 Month US Treasury Bill Rate + 5.75%), 05/08/2026 (Acquired 05/12/2023; Cost $2,429,000) (b)(c)(d) | | | 2,429,000 | | | | 2,447,582 | |
Nature Coast Re 2023-1 Class A,
15.39% (3 Month US Treasury Bill Rate + 10.00%), 12/07/2026 (Acquired 11/16/2023; Cost $11,876,000) (b)(c)(d) | | | 11,876,000 | | | | 11,941,912 | |
Nature Coast Re 2023-1 Class B,
18.89% (3 Month US Treasury Bill Rate + 13.50%), 12/07/2026 (Acquired 11/16/2023; Cost $4,156,000) (b)(c)(d) | | | 4,156,000 | | | | 4,220,210 | |
Palm Re 2024-1 Class A,
14.89% (3 Month US Treasury Bill Rate + 9.50%), 06/07/2027 (Acquired 04/04/2024; Cost $10,926,000) (b)(c)(d) | | | 10,926,000 | | | | 10,919,991 | |
Pelican IV Re 2021-1 Class A,
5.88% (3 Month US Treasury Bill Rate + 0.50%), 05/07/2024 (Acquired 04/29/2021; Cost $2,431,000) (b)(c)(d)(e)(j) | | | 2,431,000 | | | | 0 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Windstorm - 31.1% (continued) | |
Pelican IV Re 2021-1 Class B,
5.88% (3 Month US Treasury Bill Rate + 0.50%), 05/07/2027 (Acquired 04/29/2021; Cost $2,873,000) (b)(c)(d)(e) | | $ | 2,873,000 | | | $ | 144 | |
Purple Re 2023-1 Class A,
17.64% (3 Month US Treasury Bill Rate + 12.25%), 04/24/2026 (Acquired 04/06/2023 - 04/02/2024; Cost $9,172,559) (b)(c)(d) | | | 9,109,000 | | | | 9,359,042 | |
Purple Re 2023-2 Class A,
15.39% (3 Month US Treasury Bill Rate + 10.00%), 06/05/2026 (Acquired 06/27/2023 - 08/24/2023; Cost $6,967,556) (b)(c)(d) | | | 6,962,000 | | | | 7,022,918 | |
Purple Re 2024-1 Class A,
7.39% (3 Month US Treasury Bill Rate + 2.00%), 06/07/2027 (Acquired 04/02/2024; Cost $27,796,000) (b)(c)(d)(g) | | | 27,796,000 | | | | 27,780,712 | |
Sabine Re 2024-1 Class A,
13.64% (3 Month US Treasury Bill Rate + 8.25%), 04/07/2027 (Acquired 03/26/2024; Cost $5,786,000) (b)(c)(d) | | | 5,786,000 | | | | 5,785,421 | |
Winston Re 2024-1 Class A,
15.64% (3 Month US Treasury Bill Rate + 10.25%), 02/26/2027 (Acquired 02/14/2024; Cost $9,723,000) (b)(c)(d) | | | 9,723,000 | | | | 9,581,044 | |
Winston Re 2024-1 Class B,
17.14% (3 Month US Treasury Bill Rate + 11.75%), 02/26/2027 (Acquired 02/14/2024; Cost $4,051,000) (b)(c)(d) | | | 4,051,000 | | | | 3,984,766 | |
| | | | | | | | |
| | | | | | | 894,096,256 | |
| | | | | | | | |
| | | | 2,002,741,710 | |
| | | | | | | | |
TOTAL EVENT LINKED BONDS
(Cost $2,543,485,319) | | | | 2,504,030,426 | |
| | | | | | | | |
| | | | | | | | |
QUOTA SHARES AND OTHER REINSURANCE-RELATED SECURITIES - 12.7% (a) | |
Participation Notes - 2.6% | |
| Global - 2.6% | |
| Multiperil - 2.6% | |
Eden Re II 2021-1 Class A (Acquired 12/14/2020;
Cost $1,138,730) (b)(c)(d)(e)(i)(j) | | | 1,138,730 | | | | 252,988 | |
Eden Re II 2021-1 Class B (Acquired 12/21/2020;
Cost $1,319,961) (b)(c)(d)(e)(i)(j) | | | 1,319,961 | | | | 361,267 | |
Eden Re II 2022-1 Class A (Acquired 12/14/2021;
Cost $1,264,019) (b)(c)(d)(e)(i)(j) | | | 1,264,019 | | | | 700,837 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
15
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 2.6% (continued) | |
Eden Re II 2022-1 Class B (Acquired 12/17/2021; Cost $2,586,699) (b)(c)(d)(e)(i)(j) | | $ | 2,586,699 | | | $ | 1,470,267 | |
Eden Re II 2023-1 Class B (Acquired 12/22/2022;
Cost $104,160) (b)(c)(d)(e)(i)(j) | | | 104,160 | | | | 3,053,280 | |
Eden Re II 2024-1 Class B (Acquired 12/20/2023; Cost $37,000,000) (b)(c)(d)(e)(i)(j) | | | 37,000,000 | | | | 38,913,254 | |
Phoenix 2 Re Pte. Ltd. 2022-1 Class A (Acquired 12/21/2021;
Cost $750,000) (b)(c)(d)(e) | | | 750,000 | | | | 900,675 | |
Phoenix Re Pte. Ltd. 2022-1 Class B (Acquired 12/21/2021; Cost $2,250,000) (b)(c)(d)(e) | | | 2,250,000 | | | | 2,295,675 | |
Sector Re V Series 2022-Apr Class US-R (Acquired 04/28/2022;
Cost $117,039) (c)(d)(e) | | | 117,039 | | | | 487,896 | |
Sector Re V Series 2022-Dec Class GL-R (Acquired 12/22/2022;
Cost $8,171) (c)(d)(e) | | | 8,171 | | | | 334,700 | |
Sector Re V Series 2023-Apr Class GL-R (Acquired 04/25/2023;
Cost $21,867) (c)(d)(e)(j) | | | 21,867 | | | | 5,271,017 | |
Sector Re V Series 2023-Dec Class GL-R (Acquired 12/08/2023; Cost $3,812,600) (c)(d)(e)(j) | | | 3,812,600 | | | | 4,232,987 | |
Sector Re V Series 2024-Apr Class GL-R (Acquired 04/29/2024; Cost $15,407,864) (c)(d)(e)(j) | | | 15,407,864 | | | | 15,407,864 | |
| | | | | | | | |
| | | | | | | 73,682,707 | |
| | | | | | | | |
TOTAL PARTICIPATION NOTES
(Cost $65,781,110) | | | | | | | 73,682,707 | |
| | | | | |
Preference Shares - 10.1% | |
Global - 10.0% | |
| Multiperil - 10.0% | |
Arenal (Artex Segregated Account Company) (Acquired 05/07/2015 - 03/28/2016; Cost $6,256,510) (c)(d)(e)(i) | | | 18,011 | | | | 4,378,245 | |
Hatteras (Artex Segregated Account Company) (Acquired 12/30/2014 - 11/01/2021; Cost $30,502,685) (c)(d)(e)(i)(j) | | | 37,256 | | | | 41,972,364 | |
Hudson Charles 2 (Mt. Logan Re) (Acquired 04/02/2014; Cost $11,534,500) (c)(d)(e) | | | 11,535 | | | | 17,308,448 | |
Hudson Charles 3 (Mt. Logan Re) (Acquired 06/19/2014; Cost $15,350,000) (c)(d)(e)(j) | | | 15,350 | | | | 28,071,911 | |
Labrador (Horseshoe Re) (Acquired 07/22/2022 - 01/05/2023; Cost $34,121,000) (c)(d)(e)(i) | | | 34,121 | | | | 51,472,522 | |
| | | | | | | | |
| | | PAR | | | VALUE | |
| Multiperil - 10.0% (continued) | |
Lyndhurst (Horseshoe Re) (Acquired 12/31/2020;
Cost $2,958,848) (c)(d)(e)(i)(j) | | $ | 27,200 | | | $ | 1,917,720 | |
Madison (Artex Segregated Account Company) (Acquired 02/03/2020; Cost $1,027,262) (c)(d)(e)(i)(j) | | | 5,011 | | | | 889,667 | |
Peregrine HYR (Acquired 12/21/2020; Cost $16,629,628) (c)(d)(e)(i) | | | 1,800,000 | | | | 21,911,796 | |
Rondout (Artex Segregated Account Company) (Acquired 05/29/2015 - 11/17/2023; Cost $83,904,155) (c)(d)(e)(i) | | | 150,090 | | | | 118,282,003 | |
Yoho (Artex Segregated Account Company) (Acquired 05/17/2016 - 09/13/2021; Cost $3,255,806) (c)(d)(e)(i)(j) | | | 39,886 | | | | 469,749 | |
| | | | | | | | |
| | | | | | | 286,674,425 | |
| | | | | | | | |
| United States - 0.1% | | | | | | |
| Multiperil - 0.1% | |
Trouvaille Re Ltd. (Acquired 03/25/2024; Cost $4,393,040) (c)(d)(e)(i)(j) | | | 439,304 | | | | 4,457,900 | |
| | | | | | | | |
TOTAL PREFERENCE SHARES
(Cost $209,933,434) | | | | | | | 291,132,325 | |
| | | | | |
TOTAL QUOTA SHARES AND OTHER REINSURANCE-RELATED SECURITIES
(Cost $275,714,544) | | | | | | | 364,815,032 | |
| | | | | |
| | | | | | | | |
| | |
| | | SHARES | | | VALUE | |
SHORT-TERM INVESTMENTS - 0.6% | | | | | | | | |
| Money Market Funds - 0.6% | | | | | | |
Fidelity Investments Money Market Funds - Government Portfolio - Class Institutional, 5.20%(k) | | | 9,093,229 | | | | 9,093,229 | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Class Institutional, 5.22%(k) | | | 9,093,228 | | | | 9,093,228 | |
| | | | | | | | |
TOTAL SHORT-TERM INVESTMENTS (Cost $18,186,457) | | | | | | | 18,186,457 | |
| | | | | |
TOTAL INVESTMENTS - 100.4%
(Cost $2,837,386,320) | | | | | | | 2,887,031,915 | |
| | | | | | | | |
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.4)% | | | | | | | (12,603,738) | |
| | | | | |
TOTAL NET ASSETS - 100.0% | | | | | | $ | 2,874,428,177 | |
| | | | | | | | |
Principal amounts stated in U.S. dollars unless otherwise stated.
Percentages are stated as a percent of net assets.
LIBOR - London Interbank Offered Rate
SOFR - Secured Overnight Financing Rate
| (a) | Country shown is geographic area of peril risk. |
| (b) | Although security is restricted as to resale, the Fund’s Adviser has determined this security to be liquid based upon procedures approved by the Board of Trustees. The aggregate value of these securities at April 30, 2024 was $2,551,978,669, which represented 88.8% of net assets. |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
16
| | |
| Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | | | | |
| (c) | Security is restricted as to resale. |
| (d) | Foreign issued security. Total foreign securities by country of domicile are $2,868,845,458. Foreign concentration is as follows: Bermuda: 84.6%, Cayman Islands: 4.3%, Singapore: 3.7%, Supranational: 3.4%, Ireland: 3.0%, Great Britain: 0.6%, and Hong Kong: 0.2%. |
| (e) | Value determined using significant unobservable inputs. |
| (f) | Rate shown is the effective yield based on purchase price. The calculation assumes the security is held to maturity. |
| (g) | All or a portion of the security is pledged as collateral for the Fund’s reverse repurchase agreements. |
| (h) | Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date. |
| (i) | Security is fair valued by the Adviser Valuation Committee using an insurance industry loss model pursuant to procedures approved by the Board of Trustees. The aggregate value of these securities is $290,503,859, which represents 10.1% of net assets. |
| (j) | Non-income producing security. |
| (k) | The rate shown represents the 7-day effective yield as of April 30, 2024. |
Reverse Repurchase Agreements
| | | | | | | | |
| | |
| DESCRIPTION | | PRINCIPAL
VALUE | | | AMORTIZED
COST | |
| REVERSE REPURCHASE AGREEMENTS SOLD | | | | | | |
Repurchase Agreement with JP Morgan Chase Securities, Inc., dated 4/29/2024, 6.72%, collateralized by $12,503,008 Event Linked Bonds, due 5/29/2024 | | $ | 5,000,001 | | | $ | 5,000,001 | |
Repurchase Agreement with JP Morgan Chase Securities, Inc., dated 5/1/2024, 6.72%, collateralized by $142,934,600 Event Linked Bonds, due 6/3/2024 | | | 50,000,000 | | | | 50,000,000 | |
| | | | | | | | |
TOTAL REVERSE REPURCHASE AGREEMENTS SOLD | | $ | 55,000,001 | | | $ | 55,000,001 | |
| | | | | | | | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
17
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | | ACQUISITION
DATE | | PAR | | | COST | | | VALUE | |
| ASSET-BACKED SECURITIES - 9.9% | | | | | | | | | | | |
| United States - 9.9% | | | | | | | | | | | |
Affirm Asset Securitization Trust 2023-B (a)(b)(c) | | 9/12/2023 | | $ | 1,500,000 | | | $ | 1,499,807 | | | $ | 1,552,596 | |
Affirm Asset Securitization Trust 2023-X1 (a)(b)(c) | | 11/13/2023 | | | 91,785 | | | | 1,556,748 | | | | 1,778,033 | |
AMSR 2022-SFR3 Trust (a)(b)(d)(e) | | 8/11/2022 | | | 2,000,000 | | | | 1,745,641 | | | | 1,748,603 | |
AMSR 2023-SFR1 Trust (a)(b)(d) | | 2/22/2023 | | | 2,000,000 | | | | 1,619,058 | | | | 1,676,758 | |
AMSR 2023-SFR2 Trust (a)(b)(d) | | 7/17/2023 | | | 2,000,000 | | | | 1,476,398 | | | | 1,488,257 | |
AMSR 2023-SFR2 Trust-2 (a)(b)(d) | | 7/17/2023 | | | 5,000,000 | | | | 3,875,434 | | | | 3,901,023 | |
Firstkey Homes 2021-SFR1 Trust (a)(b)(d) | | 12/15/2022 | | | 2,000,000 | | | | 1,739,375 | | | | 1,794,118 | |
Freed ABS Trust 2022-4FP (a)(b)(c) | | 10/21/2022 | | | 550,000 | | | | 549,929 | | | | 554,940 | |
Home Partners of America 2021-2 Trust (a)(b)(d) | | 1/12/2023 | | | 2,403,155 | | | | 2,222,806 | | | | 2,126,643 | |
Lendingpoint 2022-C Asset Securitization Trust (a)(b)(c) | | 9/23/2022 | | | 3,000,000 | | | | 2,939,665 | | | | 2,056,547 | |
Marlette Funding Trust 2022-2 (a)(b)(c) | | 6/28/2022 | | | 1,000,000 | | | | 984,948 | | | | 976,731 | |
Marlette Funding Trust 2023-3 (a)(b)(c) | | 7/18/2023 | | | 3,840 | | | | 757,974 | | | | 1,567,544 | |
Progress Re 2021-SFR1 (a)(b)(d) | | 2/11/2021 | | | 1,750,000 | | | | 1,749,957 | | | | 1,559,172 | |
Progress Re 2021-SFR2 Trust (a)(b)(d) | | 4/7/2021 | | | 3,000,000 | | | | 2,999,930 | | | | 2,717,535 | |
Progress Re 2021-SFR10 Trust (a)(b)(d) | | 11/19/2021 | | | 4,897,908 | | | | 4,897,782 | | | | 4,030,221 | |
Progress Re 2022-SFR3 Trust (a)(b)(d) | | 4/5/2022 | | | 3,000,000 | | | | 2,917,628 | | | | 2,795,917 | |
Progress Re 2022-SFR5 Trust (a)(b)(d) | | 6/10/2022 | | | 1,000,000 | | | | 993,767 | | | | 951,053 | |
Progress Re 2023-SFR2 Trust (a)(b)(d)(e) | | 9/19/2023 | | | 2,000,000 | | | | 1,787,796 | | | | 1,768,292 | |
Prosper Marketplace Issuance Trust Series 2023-1 (a)(b)(c) | | 9/19/2023 | | | 3,600,000 | | | | 3,599,464 | | | | 3,631,258 | |
Upgrade Master Credit Pass-Through Trust 2021-ST3 (a)(b)(c) | | 5/27/2021 | | | 1,419,000 | | | | 14,883 | | | | 62,757 | |
Upgrade Master Pass-Thru Trust Series 2023-PT1 (a)(b)(c) | | 7/31/2023 | | | 31,108,531 | | | | 30,630,129 | | | | 29,659,979 | |
Upstart Asset Trust I Series 2023-1-GS (a)(b)(c) | | 12/5/2023 | | | 36,473,429 | | | | 35,324,328 | | | | 35,178,534 | |
Upstart Pass-Through 2021-ST3 (a)(b)(c) | | 4/8/2021 | | | 2,850,000 | | | | 475,822 | | | | 279,056 | |
Upstart Pass-Through 2021-ST4 (a)(b)(c) | | 5/13/2021 | | | 3,060,000 | | | | 699,946 | | | | 413,567 | |
Upstart Pass-Through 2021-ST5 (a)(b)(c) | | 6/3/2021 | | | 1,000,000 | | | | 384,257 | | | | 174,992 | |
Upstart Securitization Trust 2022-1 (a)(b)(c) | | 4/1/2022 | | | 4,200,000 | | | | 4,109,935 | | | | 2,321,196 | |
Upstart Securitization Trust 2022-2 (a)(b)(c) | | 5/26/2022 | | | 3,150,000 | | | | 3,133,513 | | | | 2,723,635 | |
Upstart Securitization Trust 2022-3 (a)(b)(c) | | 6/29/2022 | | | 3,600,000 | | | | 3,529,864 | | | | 3,318,293 | |
Upstart Securitization Trust 2022-4 (a)(b)(c) | | 8/16/2022 | | | 1,214,000 | | | | 1,213,697 | | | | 1,147,808 | |
Upstart Securitization Trust 2023-2 (a)(b)(c) | | 6/29/2023 | | | 2,500,000 | | | | 2,499,800 | | | | 2,527,342 | |
Upstart Structured Pass-Through Trust Series 2022-4A (a)(b)(c) | | 10/17/2022 | | | 500,000 | | | | 485,687 | | | | 477,722 | |
| | | | | | | | | | | | | | |
TOTAL ASSET-BACKED SECURITIES (Cost $122,415,968) | | | | | | | | | | | | | 116,960,122 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | | | | | | | PAR | | | VALUE | |
| EVENT LINKED BONDS (f) - 30.4% | | | | | | | | | | | | | | |
| Chile - 0.3% | | | | | | | | | | | |
| Earthquake - 0.3% | | | | | | | | | | | |
IBRD CAR 131,
10.11% (SOFR + 4.79%), 03/31/2026 (Acquired 04/21/2023 - 02/29/2024; Cost $4,009,064) (g)(h)(i) | | | $ | 3,971,000 | | | | 4,023,814 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| Europe - 0.7% | | | | | | | | | | | |
| Earthquake - 0.1% | | | | | | | | | | | |
Azzurro Re II DAC 2024-1 Class A,
10.31% (3 Month EURIBOR + 6.50%), 04/20/2028 (Acquired 03/21/2024; Cost $1,021,594) (g)(h)(i) | | | EUR | 941,000 | | | | 1,004,187 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| Multiperil - 0.2% | | | | | | | | | | | |
King Max Re DAC,
8.91% (3 Month EURIBOR + 5.00%), 01/06/2027 (Acquired 12/08/2023; Cost $1,151,751) (g)(h)(i) | | | | 1,070,000 | | | | 1,152,697 | |
Lion III Re DAC 2021-1,
8.04% (EUR003M + 4.13%), 07/16/2025 (Acquired 06/30/2023; Cost $557,901) (g)(h)(i) | | | | 518,000 | | | | 542,777 | |
Taranis Re DAC 2023-1 Class A,
12.15% (3 Month EURIBOR + 8.25%), 01/21/2028 (Acquired 11/29/2023; Cost $393,947) (g)(h)(i) | | | | 359,000 | | | | 394,006 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 2,089,480 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
18
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| Terrorism - 0.1% | | | | | | | | | | |
Baltic PCC 2022-1 Class A,
10.87% (3 Month US Treasury Bill Rate + 5.49%), 03/07/2025 (Acquired 02/14/2024 - 02/26/2024; Cost $871,418) (g)(h)(i) | | GBP | 689,000 | | | $ | 839,565 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
| Windstorm - 0.3% | | | | | | | �� | | | |
Eiffel Re 2023-1 Class A,
7.15% (3 Month EURIBOR + 3.25%), 01/19/2027 (Acquired 06/22/2023 - 07/07/2023; Cost $1,717,211) (g)(h)(i) | | EUR | 1,567,000 | | | | 1,687,105 | |
Hexagon IV Re 2023-1 Class A,
12.40% (3 Month EURIBOR + 8.50%), 01/21/2028 (Acquired 11/07/2023; Cost $1,116,613) (g)(h)(i) | | | 1,044,000 | | | | 1,133,656 | |
Orange Capital Re 2023-1 Class A,
11.40% (3 Month EURIBOR + 7.50%), 01/08/2027 (Acquired 11/17/2023; Cost $319,618) (g)(h)(i) | | | 293,000 | | | | 319,006 | |
Randolph Re 2023-1 Class A,
8.042%, 06/15/2024 (Acquired 06/08/2023; Cost $540,412) (g)(h)(i)(j)(k) | | | 506,000 | | | | 459,004 | |
Blue Sky Re DAC 2023-1,
9.63% (3 Month EURIBOR + 5.75%), 01/26/2027 (Acquired 12/11/2023; Cost $530,690) (g)(h)(i) | | | 493,000 | | | | 539,389 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,138,160 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 8,071,392 | |
| | | | | | | | | | | | |
| Global - 3.0% | | | | | | | | | | |
| Cyber - 0.4% | | | | | | | | | | |
East Lane Re VII 2024-1 Class A,
14.64% (3 Month US Treasury Bill Rate + 9.25%), 03/31/2026 (Acquired 12/20/2023; Cost $900,000) (g)(h)(i) | | $ | 900,000 | | | | 903,735 | |
Long Walk Re 2024-1 Class A,
15.14% (3 Month US Treasury Bill Rate + 9.75%), 01/30/2026 (Acquired 11/13/2023; Cost $482,000) (g)(h)(i) | | | 482,000 | | | | 485,061 | |
Matterhorn Re SR2023-1 Class CYB-A,
17.39% (3 Month US Treasury Bill Rate + 12.00%), 01/08/2026 (Acquired 12/22/2023; Cost $2,124,000) (g)(h)(i) | | | 2,124,000 | | | | 2,164,356 | |
PoleStar Re 2024-1 Class A,
18.39% (3 Month US Treasury Bill Rate + 13.00%), 01/07/2026 (Acquired 12/13/2023; Cost $1,397,000) (g)(h)(i) | | | 1,397,000 | | | | 1,403,216 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,956,368 | |
| | | | | | | | | | | | |
| Earthquake - 0.1% | | | | | | | | | | |
Ashera Re 2024-1 Class A,
10.39% (3 Month US Treasury Bill Rate + 5.00%), 04/07/2027 (Acquired 03/21/2024; Cost $758,000) (g)(h)(i) | | | 758,000 | | | | 754,096 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
| Multiperil - 2.3% | | | | | | | | | | |
3264 Re 2022-1 Class A,
24.38% (3 Month US Treasury Bill Rate + 19.00%), 01/08/2025 (Acquired 04/21/2023; Cost $951,898) (g)(h)(i) | | | 1,043,000 | | | | 782,250 | |
Aragonite Re 2024-1 Class A,
10.64% (3 Month US Treasury Bill Rate + 5.25%), 04/07/2027 (Acquired 03/25/2024; Cost $931,000) (g)(h)(i) | | | 931,000 | | | | 931,000 | |
Atlas Capital 2020 DAC 2020-1,
13.67% (3 Month US Treasury Bill Rate + 8.29%), 06/10/2024 (Acquired 04/21/2023; Cost $908,116) (g)(h)(i) | | | 911,000 | | | | 911,364 | |
Atlas Capital 2022 DAC 2022-1 Class A,
15.03% (SOFR + 9.68%), 06/06/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $2,921,050) (g)(h)(i) | | | 2,988,000 | | | | 3,059,712 | |
Claveau Re 2021-1 Class A,
22.63% (3 Month US Treasury Bill Rate + 17.25%), 07/08/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $921,225) (g)(h)(i) | | | 1,306,294 | | | | 787,499 | |
Herbie Re 2021-1 Class A,
23.68% (3 Month US Treasury Bill Rate + 18.30%), 06/06/2025 (Acquired 04/21/2023; Cost $529,102) (g)(h)(i) | | | 666,000 | | | | 431,368 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
19
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| Multiperil - 2.3% (continued) | | | | | | | | | | |
Kendall Re 2021-1 Class A,
4.00% (3 Month US Treasury Bill Rate + 4.00%), 05/02/2024 (Acquired 04/21/2023 - 09/19/2023; Cost $2,385,653) (g)(h)(i) | | $ | 2,386,000 | | | $ | 2,385,284 | |
Kendall Re 2021-1 Class B,
6.25% (3 Month US Treasury Bill Rate + 6.25%), 05/02/2024 (Acquired 04/21/2023; Cost $984,807) (g)(h)(i) | | | 985,000 | | | | 984,754 | |
Kendall Re 2024-1 Class A,
11.64% (3 Month US Treasury Bill Rate + 6.25%), 04/30/2027 (Acquired 04/22/2024; Cost $1,520,000) (g)(h)(i) | | | 1,520,000 | | | | 1,519,848 | |
Kilimanjaro III Re 2021-1 Class A-1,
17.74% (3 Month US Treasury Bill Rate + 12.36%), 04/21/2025 (Acquired 04/21/2023; Cost $865,138) (g)(h)(i) | | | 956,000 | | | | 938,792 | |
Kilimanjaro III Re 2021-1 Class C-1,
9.94% (3 Month US Treasury Bill Rate + 4.56%), 04/21/2025 (Acquired 04/21/2023; Cost $689,734) (g)(h)(i) | | | 724,000 | | | | 716,760 | |
Kilimanjaro III Re 2021-2 Class A-2,
17.74% (3 Month US Treasury Bill Rate + 12.36%), 04/20/2026 (Acquired 04/21/2023; Cost $645,939) (g)(h)(i) | | | 782,000 | | | | 756,077 | |
Kilimanjaro III Re 2021-2 Class B-2,
10.24% (3 Month US Treasury Bill Rate + 4.86%), 04/20/2026 (Acquired 04/21/2023; Cost $316,032) (g)(h)(i) | | | 348,000 | | | | 342,502 | |
Kilimanjaro III Re 2021-2 Class C-2,
9.94% (3 Month US Treasury Bill Rate + 4.56%), 04/20/2026 (Acquired 04/21/2023; Cost $290,812) (g)(h)(i) | | | 319,000 | | | | 313,960 | |
Kilimanjaro III Re 2022-1 Class A,
10.63% (3 Month US Treasury Bill Rate + 5.25%), 06/25/2025 (Acquired 04/21/2023; Cost $954,978) (g)(h)(i) | | | 985,000 | | | | 992,338 | |
Matterhorn Re SR2020-2 Class A,
1.50% (3 Month US Treasury Bill Rate + 1.50%), 01/08/2027 (Acquired 04/21/2023; Cost $891,672) (g)(h)(i)(j) | | | 892,000 | | | | 401,400 | |
Matterhorn Re SR2021-1 Class A,
11.10% (SOFR + 5.75%), 12/08/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $1,560,798) (g)(h)(i) | | | 1,688,000 | | | | 1,638,879 | |
Matterhorn Re SR2022-1 Class A,
10.60% (SOFR + 5.25%), 03/24/2025 (Acquired 04/21/2023; Cost $444,179) (g)(h)(i) | | | 464,000 | | | | 456,762 | |
Matterhorn Re SR2022-1 Class B,
13.10% (SOFR + 7.75%), 03/24/2025 (Acquired 04/21/2023; Cost $443,830) (g)(h)(i) | | | 464,000 | | | | 449,709 | |
Montoya Re 2022-1 Class A,
12.49% (3 Month US Treasury Bill Rate + 7.11%), 04/07/2025 (Acquired 04/21/2023; Cost $1,098,948) (g)(h)(i) | | | 1,121,000 | | | | 1,123,634 | |
Northshore Re II 2022-1 Class A,
13.38% (3 Month US Treasury Bill Rate + 8.00%), 07/08/2025 (Acquired 01/19/2024; Cost $263,431) (g)(h)(i) | | | 255,000 | | | | 262,714 | |
Sakura Re 2021-1 Class A,
7.79% (3 Month US Treasury Bill Rate + 2.41%), 04/07/2025 (Acquired 04/21/2023 - 11/09/2023; Cost $1,508,999) (g)(h)(i) | | | 1,532,000 | | | | 1,519,131 | |
Sakura Re 2021-1 Class B,
9.02% (3 Month US Treasury Bill Rate + 3.64%), 04/07/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $2,191,029) (e)(g)(h)(i) | | | 2,229,000 | | | | 2,200,803 | |
Vista Re 2021-1 Class A,
12.13% (3 Month US Treasury Bill Rate + 6.75%), 05/21/2024 (Acquired 04/21/2023 - 07/07/2023; Cost $2,350,691) (g)(h)(i) | | | 2,358,000 | | | | 2,358,000 | |
Windmill II Re 2020,
7.36% (3 Month EURIBOR + 3.47%), 07/05/2024 (Acquired 03/28/2024; Cost $886,654) (g)(h)(i) | | | 823,000 | | | | 876,990 | |
Wrigley Re 2023-1 Class A,
11.89% (3 Month US Treasury Bill Rate + 6.50%), 08/07/2026 (Acquired 07/14/2023; Cost $640,000) (g)(h)(i) | | | 640,000 | | | | 650,208 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 27,791,738 | |
| | | | | | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
20
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | | | | | | | PAR | | | VALUE | |
| Windstorm - 0.2% | | | | | | | | | | | |
Queen Street 2023 Re DAC,
12.89% (3 Month US Treasury Bill Rate + 7.50%), 12/08/2025 (Acquired 05/12/2023 - 07/07/2023; Cost $1,725,975) (g)(h)(i) | | | $ | 1,728,000 | | | $ | 1,787,703 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 35,289,905 | |
| | | | | | | | | | | | | | |
| Jamaica - 0.3% | | | | | | | | | | | |
| Windstorm - 0.3% | | | | | | | | | | | |
IBRD CAR 136,
12.52% (SOFR + 7.19%), 12/29/2027 (Acquired 04/25/2024; Cost $3,124,000) (g)(h)(i) | | | | 3,124,000 | | | | 3,124,000 | |
| | | | | | | | | | | | | | |
| Japan - 0.8% | | | | | | | | | | | |
| Earthquake - 0.6% | | | | | | | | | | | |
Kizuna Re III 2024-1 Class A,
8.14% (3 Month US Treasury Bill Rate + 2.75%), 04/09/2029 (Acquired 03/13/2024; Cost $403,000) (g)(h)(i) | | | | 403,000 | | | | 402,698 | |
Nakama Re 2023-1 Class 2,
9.11% (3 mo. Term SOFR + 4.00%), 05/09/2028 (Acquired 04/14/2023; Cost $667,000) (g)(h)(i) | | | | 667,000 | | | | 679,373 | |
Nakama Re Pte. 2021-1 Class 1,
7.43% (3 Month US Treasury Bill Rate + 2.05%), 10/13/2026 (Acquired 04/21/2023 - 02/08/2024; Cost $3,882,881) (e)(g)(h)(i) | | | | 3,915,000 | | | | 3,865,475 | |
Nakama Re Pte. 2021-1 Class 2,
8.13% (3 Month US Treasury Bill Rate + 2.75%), 10/13/2026 (Acquired 04/21/2023 - 07/07/2023; Cost $1,557,907) (g)(h)(i) | | | | 1,612,000 | | | | 1,600,393 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 6,547,939 | |
| | | | | | | | | | | | | | |
| Multiperil - 0.2% | | | | | | | | | | | |
Tomoni Re Pte 2024-1 Class A,
8.64% (3 Month US Treasury Bill Rate + 3.25%), 04/05/2028 (Acquired 03/25/2024; Cost $1,009,000) (g)(h)(i) | | | | 1,009,000 | | | | 1,007,638 | |
Tomoni Re Pte 2024-1 Class B,
9.39% (3 Month US Treasury Bill Rate + 4.00%), 04/05/2028 (Acquired 03/25/2024; Cost $1,268,000) (g)(h)(i) | | | | 1,268,000 | | | | 1,266,415 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 2,274,053 | |
| | | | | | | | | | | | | | |
| Typhoon - 0.0% (l) | | | | | | | | | | | |
Black Kite Re 2022-1 Class A,
12.23% (3 Month US Treasury Bill Rate + 6.85%), 06/09/2025 (Acquired 04/21/2023; Cost $620,332) (g)(h)(i) | | | | 637,000 | | | | 639,007 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 9,460,999 | |
| | | | | | | | | | | | | | |
| Mexico - 0.5% | | | | | | | | | | | |
| Earthquake - 0.3% | | | | | | | | | | | |
IBRD CAR 132 Class A,
9.54% (SOFR + 4.22%), 04/24/2028 (Acquired 04/03/2024; Cost $2,815,000) (g)(h)(i) | | | | 2,815,000 | | | | 2,813,452 | |
IBRD CAR 133 Class B,
16.32% (SOFR + 11.00%), 04/24/2028 (Acquired 04/03/2024; Cost $983,000) (g)(h)(i) | | | | 983,000 | | | | 982,459 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 3,795,911 | |
| | | | | | | | | | | | | | |
| Windstorm - 0.2% | | | | | | | | | | | |
IBRD CAR 134 Class C,
18.83% (SOFR + 13.50%), 04/24/2028 (Acquired 04/03/2024; Cost $2,124,000) (g)(h)(i) | | | | 2,124,000 | | | | 2,122,832 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 5,918,743 | |
| | | | | | | | | | | | | | |
| New Zealand - 0.1% | | | | | | | | | | | |
| Multiperil - 0.1% | | | | | | | | | | | |
Totara Re Pte. 2023-1,
13.39%, 06/08/2027 (Acquired 05/24/2023 - 07/07/2023; Cost $1,611,575) (g)(h)(i) | | | NZD | 2,624,000 | | | | 1,552,456 | |
| | | | | | | | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
21
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| United States - 24.7% | | | | | | | | | | |
| Earthquake - 4.3% | | | | | | | | | | |
Acorn Re 2021-1 Class A,
7.88% (3 Month US Treasury Bill Rate + 2.50%), 11/07/2024 (Acquired 04/21/2023 - 03/01/2024; Cost $4,978,890) (e)(g)(h)(i) | | $ | 5,041,000 | | | $ | 4,995,127 | |
Acorn Re 2023-1 Class A,
9.74% (3 Month US Treasury Bill Rate + 4.35%), 11/06/2026 (Acquired 06/22/2023 - 07/07/2023; Cost $1,595,221) (g)(h)(i) | | | 1,601,000 | | | | 1,612,447 | |
Herbie Re 2022-1 Class A,
17.88% (3 Month US Treasury Bill Rate + 12.50%), 01/08/2027 (Acquired 04/21/2023; Cost $308,020) (g)(h)(i) | | | 302,000 | | | | 317,583 | |
Logistics Re 2021-1 Class A,
9.25% (3 Month US Treasury Bill Rate + 3.88%), 12/20/2024 (Acquired 04/21/2023; Cost $485,227) (g)(h)(i) | | | 493,000 | | | | 488,316 | |
Merna Re II 2022-1 Class A,
9.23% (3 Month US Treasury Bill Rate + 3.85%), 04/07/2025 (Acquired 04/21/2023 - 01/19/2024; Cost $3,605,134) (e)(g)(h)(i) | | | 3,613,000 | | | | 3,626,007 | |
Phoenician Re 2021-1 Class A,
8.28% (3 Month US Treasury Bill Rate + 2.90%), 12/14/2024 (Acquired 04/21/2023; Cost $784,333) (g)(h)(i) | | | 801,000 | | | | 794,432 | |
Sutter Re 2023-1 Class B,
12.14% (3 Month US Treasury Bill Rate + 6.75%), 06/19/2026 (Acquired 06/06/2023 - 07/07/2023; Cost $2,433,756) (g)(h)(i) | | | 2,433,000 | | | | 2,474,118 | |
Sutter Re 2023-1 Class E,
15.14% (3 Month US Treasury Bill Rate + 9.75%), 06/19/2026 (Acquired 06/06/2023 - 09/26/2023; Cost $3,044,288) (g)(h)(i) | | | 3,039,000 | | | | 3,088,080 | |
Torrey Pines Re 2021-1 Class A,
9.56% (3 Month US Treasury Bill Rate + 4.18%), 06/07/2024 (Acquired 04/21/2023 - 08/29/2023; Cost $2,909,872) (g)(h)(i) | | | 2,916,000 | | | | 2,912,209 | |
Torrey Pines Re 2021-1 Class B,
11.26% (3 Month US Treasury Bill Rate + 5.88%), 06/07/2024 (Acquired 04/21/2023 - 04/02/2024; Cost $3,473,636) (g)(h)(i) | | | 3,485,000 | | | | 3,474,719 | |
Torrey Pines Re 2022-1 Class A,
10.84% (3 Month US Treasury Bill Rate + 5.47%), 06/06/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $3,113,575) (e)(g)(h)(i) | | | 3,145,000 | | | | 3,141,855 | |
Torrey Pines Re 2022-1 Class B,
13.16% (3 Month US Treasury Bill Rate + 7.78%), 06/06/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $2,062,675) (g)(h)(i) | | | 2,122,000 | | | | 2,105,448 | |
Torrey Pines Re 2023-1 Class A,
10.39% (3 Month US Treasury Bill Rate + 5.00%), 06/05/2026 (Acquired 05/18/2023; Cost $880,000) (e)(g)(h)(i) | | | 880,000 | | | | 887,436 | |
Ursa Re 2023-1 Class AA,
10.89% (3 Month US Treasury Bill Rate + 5.50%), 12/06/2025 (Acquired 04/12/2023 - 04/21/2023; Cost $1,144,938) (g)(h)(i) | | | 1,145,000 | | | | 1,156,965 | |
Ursa Re 2023-1 Class C,
13.64% (3 Month US Treasury Bill Rate + 8.25%), 12/06/2025 (Acquired 04/12/2023 - 04/21/2023; Cost $615,967) (g)(h)(i) | | | 616,000 | | | | 631,000 | |
Ursa Re 2023-2 Class E,
14.64% (3 Month US Treasury Bill Rate + 9.25%), 12/07/2026 (Acquired 10/10/2023; Cost $2,996,000) (g)(h)(i) | | | 2,996,000 | | | | 3,027,308 | |
Ursa Re 2023-3 Class AA,
10.89% (3 Month US Treasury Bill Rate + 5.50%), 12/07/2026 (Acquired 12/01/2023 - 01/19/2024; Cost $3,371,772) (g)(h)(i) | | | 3,370,000 | | | | 3,427,122 | |
Ursa Re 2023-3 Class D,
14.14% (3 Month US Treasury Bill Rate + 8.75%), 12/07/2026 (Acquired 12/01/2023; Cost $3,171,000) (g)(h)(i) | | | 3,171,000 | | | | 3,239,335 | |
Ursa Re II 2021-1 Class F,
12.01% (3 Month US Treasury Bill Rate + 6.63%), 12/06/2024 (Acquired 04/21/2023; Cost $1,095,892) (g)(h)(i) | | | 1,130,000 | | | | 1,104,914 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
22
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | | | | | | | PAR | | | VALUE | |
| Earthquake - 4.3% (continued) | | | | | | | | | | | |
Ursa Re II 2022-1 Class A,
10.38% (3 Month US Treasury Bill Rate + 5.00%), 06/16/2025 (Acquired 04/21/2023 - 10/19/2023; Cost $2,509,701) (g)(h)(i) | | | $ | 2,544,000 | | | $ | 2,545,272 | |
Ursa Re II 2022-1 Class E,
13.13% (3 Month US Treasury Bill Rate + 7.75%), 06/16/2025 (Acquired 04/21/2023; Cost $393,248) (e)(g)(h)(i) | | | | 406,000 | | | | 402,021 | |
Ursa Re II 2022-2 Class C,
15.63% (3 Month US Treasury Bill Rate + 10.25%), 12/06/2025 (Acquired 09/05/2023; Cost $373,842) (g)(h)(i) | | | | 361,000 | | | | 378,797 | |
Veraison Re 2023-1 Class A,
11.88% (3 Month US Treasury Bill Rate + 6.50%), 03/09/2026 (Acquired 04/21/2023; Cost $641,135) (g)(h)(i) | | | | 636,000 | | | | 663,730 | |
Veraison Re 2023-1 Class B,
17.38% (3 Month US Treasury Bill Rate + 12.00%), 03/09/2026 (Acquired 04/21/2023; Cost $620,387) (g)(h)(i) | | | | 611,000 | | | | 647,996 | |
Veraison Re 2024-1 Class A,
10.14% (3 Month US Treasury Bill Rate + 4.75%), 03/08/2027 (Acquired 01/30/2024; Cost $1,225,000) (g)(h)(i) | | | | 1,225,000 | | | | 1,232,963 | |
Wrigley Re 2023-1 Class B,
12.39% (3 Month US Treasury Bill Rate + 7.00%), 08/07/2026 (Acquired 07/14/2023 - 09/05/2023; Cost $1,782,813) (e)(g)(h)(i) | | | | 1,781,000 | | | | 1,834,608 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 50,209,808 | |
| | | | | | | | | | | | | | |
| Fire - 0.1% | | | | | | | | | | | |
Power Protective Re 2021-1 Class A,
20.38% (3 Month US Treasury Bill Rate + 15.00%), 10/09/2024 (Acquired 04/21/2023; Cost $316,320) (g)(h)(i) | | | | 319,000 | | | | 318,553 | |
SD Re 2021-1 Class A,
14.13% (3 Month US Treasury Bill Rate + 8.75%), 11/19/2024 (Acquired 04/21/2023; Cost $313,298) (g)(h)(i) | | | | 319,000 | | | | 316,815 | |
SD Re 2021-1 Class B,
14.63% (3 Month US Treasury Bill Rate + 9.25%), 11/19/2024 (Acquired 04/21/2023; Cost $885,214) (e)(g)(h)(i) | | | | 898,000 | | | | 892,702 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 1,528,070 | |
| | | | | | | | | | | | | | |
| Flood - 1.3% | | | | | | | | | | | |
FloodSmart Re 2022-1 Class A,
17.21% (3 Month US Treasury Bill Rate + 11.83%), 02/25/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $3,325,682) (e)(g)(h)(i) | | | | 3,459,000 | | | | 3,392,624 | |
FloodSmart Re 2022-1 Class B,
19.71% (3 Month US Treasury Bill Rate + 14.33%), 02/25/2025 (Acquired 04/21/2023 - 10/24/2023; Cost $1,131,940) (g)(h)(i) | | | | 1,192,000 | | | | 1,154,331 | |
FloodSmart Re 2023-1 Class A,
21.64% (3 Month US Treasury Bill Rate + 16.25%), 03/11/2026 (Acquired 04/21/2023 - 07/07/2023; Cost $2,678,236) (g)(h)(i) | | | | 2,673,000 | | | | 2,695,680 | |
FloodSmart Re 2023-1 Class B,
26.89% (3 Month US Treasury Bill Rate + 21.50%), 03/11/2026 (Acquired 04/21/2023; Cost $463,420) (g)(h)(i) | | | | 464,000 | | | | 465,862 | |
FloodSmart Re 2024-1 Class A,
19.39% (3 Month US Treasury Bill Rate + 14.00%), 03/12/2027 (Acquired 02/29/2024; Cost $5,788,000) (g)(h)(i) | | | | 5,788,000 | | | | 5,777,732 | |
FloodSmart Re 2024-1 Class B,
22.64% (3 Month US Treasury Bill Rate + 17.25%), 03/12/2027 (Acquired 02/29/2024; Cost $1,365,000) (g)(h)(i) | | | | 1,365,000 | | | | 1,349,575 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 14,835,804 | |
| | | | | | | | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
23
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | | | | | | | PAR | | | VALUE | |
| Mortality/Longevity/Disease - 0.5% | | | | | | | | | | | |
Vita Capital VI 2021-1 Class B,
8.47% (SOFR + 3.12%), 01/08/2026 (Acquired 04/21/2023 - 07/07/2023; Cost $1,646,640) (g)(h)(i)(j) | | | $ | 1,769,000 | | | $ | 8,845 | |
Vitality Re XII 2021 Class A,
7.63% (3 Month US Treasury Bill Rate + 2.25%), 01/07/2025 (Acquired 04/21/2023 - 03/20/2024; Cost $1,881,431) (g)(h)(i) | | | | 1,889,000 | | | | 1,888,055 | |
Vitality Re XII 2021 Class B,
8.13% (3 Month US Treasury Bill Rate + 2.75%), 01/07/2025 (Acquired 04/21/2023 - 03/07/2024; Cost $1,011,024) (g)(h)(i) | | | | 1,019,000 | | | | 1,015,332 | |
Vitality Re XIII 2022 Class A,
7.38% (3 Month US Treasury Bill Rate + 2.00%), 01/06/2026 (Acquired 04/21/2023; Cost $496,834) (g)(h)(i) | | | | 509,000 | | | | 504,928 | |
Vitality Re XIII 2022 Class B,
8.13% (3 Month US Treasury Bill Rate + 2.75%), 01/06/2026 (Acquired 09/27/2023 - 03/07/2024; Cost $605,433) (g)(h)(i) | | | | 615,000 | | | | 609,527 | |
Vitality Re XIV 2023 Class A,
8.89% (3 Month US Treasury Bill Rate + 3.50%), 01/05/2027 (Acquired 03/07/2024 - 03/14/2024; Cost $970,411) (g)(h)(i) | | | | 954,000 | | | | 969,121 | |
Vitality Re XV 2024 Class A,
7.89% (3 Month US Treasury Bill Rate + 2.50%), 01/07/2028 (Acquired 01/22/2024; Cost $556,000) (g)(h)(i) | | | | 556,000 | | | | 555,583 | |
Vitality Re XV 2024 Class B,
8.89% (3 Month US Treasury Bill Rate + 3.50%), 01/07/2028 (Acquired 01/22/2024; Cost $380,000) (g)(h)(i) | | | | 380,000 | | | | 381,444 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 5,932,835 | |
| | | | | | | | | | | | | | |
| Multiperil - 7.2% | | | | | | | | | | | |
Aquila Re I 2023-1 Class B-1,
12.89% (3 Month US Treasury Bill Rate + 7.50%), 06/08/2026 (Acquired 05/10/2023; Cost $844,000) (g)(h)(i) | | | | 844,000 | | | | 860,036 | |
Aquila Re I 2023-1 Class C-1,
14.64% (3 Month US Treasury Bill Rate + 9.25%), 06/08/2026 (Acquired 05/10/2023 - 07/07/2023; Cost $1,404,349) (g)(h)(i) | | | | 1,405,000 | | | | 1,439,774 | |
Aquila Re I 2024-1 Class A-1,
10.89% (3 Month US Treasury Bill Rate + 5.50%), 06/07/2027 (Acquired 04/26/2024; Cost $730,000) (g)(h)(i) | | | | 730,000 | | | | 730,000 | |
Aquila Re I 2024-1 Class B-1,
14.39% (3 Month US Treasury Bill Rate + 9.00%), 06/07/2027 (Acquired 04/26/2024; Cost $443,000) (g)(h)(i) | | | | 443,000 | | | | 443,000 | |
Baldwin Re 2021-1 Class A,
7.42% (3 Month US Treasury Bill Rate + 2.04%), 07/07/2025 (Acquired 09/05/2023 - 01/31/2024; Cost $1,900,316) (g)(h)(i) | | | | 1,921,000 | | | | 1,902,558 | |
Baldwin Re 2023-1 Class A,
9.89% (3 Month US Treasury Bill Rate + 4.50%), 07/07/2027 (Acquired 06/21/2023; Cost $446,000) (g)(h)(i) | | | | 446,000 | | | | 450,148 | |
Blue Halo Re 2022-1 Class B,
20.64% (3 Month US Treasury Bill Rate + 15.25%), 02/24/2025 (Acquired 01/30/2024; Cost $554,850) (g)(h)(i) | | | | 551,000 | | | | 531,743 | |
Bonanza Re 2023-2 Class A,
5.39% (3 Month US Treasury Bill Rate + 0.00%), 01/08/2025 (Acquired 12/19/2023; Cost $534,778) (g)(h)(i) | | | | 636,000 | | | | 510,803 | |
Bowline Re 2022-1 Class A,
11.73% (3 Month US Treasury Bill Rate + 6.35%), 05/23/2025 (Acquired 04/21/2023; Cost $332,678) (e)(g)(h)(i) | | | | 348,000 | | | | 349,844 | |
Bowline Re 2022-1 Class B,
21.56% (3 Month US Treasury Bill Rate + 16.18%), 05/23/2025 (Acquired 04/21/2023; Cost $305,602) (g)(h)(i) | | | | 319,000 | | | | 320,882 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
24
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| Multiperil - 7.2% (continued) | | | | | | | | | | |
Caelus Re 2020-1 Class B-1,
10.48% (3 Month US Treasury Bill Rate + 5.10%), 06/07/2024 (Acquired 04/21/2023; Cost $462,210) (g)(h)(i) | | $ | 464,000 | | | $ | 463,420 | |
Finca Re 2022-1 Class A,
13.37% (3 Month US Treasury Bill Rate + 7.99%), 06/06/2025 (Acquired 04/21/2023; Cost $398,221) (g)(h)(i) | | | 406,000 | | | | 414,039 | |
Foundation Re 2023-1 Class A,
11.64% (3 Month US Treasury Bill Rate + 6.25%), 01/08/2027 (Acquired 12/19/2023; Cost $1,529,000) (g)(h)(i) | | | 1,529,000 | | | | 1,524,948 | |
Four Lakes Re 2021-1 Class A,
9.65% (3 Month US Treasury Bill Rate + 4.27%), 01/07/2025 (Acquired 04/21/2023; Cost $389,359) (g)(h)(i) | | | 406,000 | | | | 395,769 | |
Four Lakes Re 2023-1 Class A,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 01/07/2027 (Acquired 12/08/2023; Cost $433,000) (g)(h)(i) | | | 433,000 | | | | 437,330 | |
Fuchsia 2023-1 Class A,
15.39% (3 Month US Treasury Bill Rate + 10.00%), 04/06/2027 (Acquired 12/14/2023; Cost $1,136,000) (g)(h)(i) | | | 1,136,000 | | | | 1,136,000 | |
Galileo Re 2023-1 Class A,
12.39% (3 Month US Treasury Bill Rate + 7.00%), 01/07/2028 (Acquired 12/04/2023; Cost $1,825,000) (g)(h)(i) | | | 1,825,000 | | | | 1,869,804 | |
Galileo Re 2023-1 Class B,
12.39% (3 Month US Treasury Bill Rate + 7.00%), 01/08/2026 (Acquired 12/04/2023; Cost $568,000) (g)(h)(i) | | | 568,000 | | | | 573,339 | |
Herbie Re 2020-1 Class A,
14.68% (3 Month US Treasury Bill Rate + 9.30%), 07/08/2024 (Acquired 04/21/2023; Cost $788,896) (g)(h)(i) | | | 799,000 | | | | 805,392 | |
Herbie Re 2020-2 Class A,
12.11% (3 Month US Treasury Bill Rate + 6.73%), 01/08/2025 (Acquired 04/08/2024; Cost $593,024) (g)(h)(i) | | | 598,000 | | | | 590,555 | |
Herbie Re 2020-2 Class B,
15.10% (3 Month US Treasury Bill Rate + 9.72%), 01/08/2025 (Acquired 04/21/2023; Cost $448,174) (g)(h)(i) | | | 464,000 | | | | 449,570 | |
High Point Re 2023-1 Class A,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 01/06/2027 (Acquired 12/01/2023; Cost $3,590,000) (g)(h)(i) | | | 3,590,000 | | | | 3,605,975 | |
Hypatia Ltd. 2023-1 Class A,
15.89% (3 Month US Treasury Bill Rate + 10.50%), 04/08/2026 (Acquired 04/21/2023; Cost $361,801) (g)(h)(i) | | | 362,000 | | | | 380,281 | |
Kilimanjaro III Re 2019-1 Class A-1,
22.04% (3 Month US Treasury Bill Rate + 16.66%), 12/19/2026 (Acquired 04/21/2023; Cost $715,710) (g)(h)(i) | | | 715,710 | | | | 654,445 | |
Kilimanjaro III Re 2019-2 Class A-2,
22.04% (3 Month US Treasury Bill Rate + 16.66%), 12/19/2024 (Acquired 04/21/2023 - 07/07/2023; Cost $1,252,462) (g)(h)(i) | | | 1,599,821 | | | | 1,462,877 | |
Kilimanjaro III Re 2019-2 Class B-2,
15.29% (3 Month US Treasury Bill Rate + 9.91%), 12/19/2024 (Acquired 04/21/2023; Cost $1,047,130) (g)(h)(i) | | | 1,072,000 | | | | 1,057,903 | |
Locke Tavern Re 2023-1 Class A,
10.17% (3 Month US Treasury Bill Rate + 4.78%), 04/09/2026 (Acquired 04/21/2023 - 08/21/2023; Cost $1,212,689) (g)(h)(i) | | | 1,206,000 | | | | 1,212,030 | |
Long Point Re IV 2022-1 Class A,
9.63% (3 Month US Treasury Bill Rate + 4.25%), 06/01/2026 (Acquired 04/21/2023 - 09/28/2023; Cost $5,629,283) (g)(h)(i) | | | 5,666,000 | | | | 5,685,264 | |
Merna Re II 2022-2 Class A,
12.92% (3 Month US Treasury Bill Rate + 7.54%), 07/07/2025 (Acquired 04/21/2023; Cost $786,576) (g)(h)(i) | | | 869,000 | | | | 862,891 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
25
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| Multiperil - 7.2% (continued) | | | | | | | | | | |
Merna Re II 2023-1 Class A,
13.14% (3 Month US Treasury Bill Rate + 7.75%), 07/07/2026 (Acquired 04/21/2023; Cost $1,034,120) (g)(h)(i) | | $ | 1,035,000 | | | $ | 1,070,397 | |
Merna Re II 2023-2 Class A,
15.64% (3 Month US Treasury Bill Rate + 10.25%), 07/07/2026 (Acquired 04/21/2023 - 07/07/2023; Cost $1,700,568) (g)(h)(i) | | | 1,685,000 | | | | 1,790,397 | |
Mona Lisa Re 2021-1 Class A,
12.38% (3 Month US Treasury Bill Rate + 7.00%), 07/08/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $1,888,305) (e)(g)(h)(i) | | | 2,005,000 | | | | 1,966,003 | |
Mountain Re 2023-1 Class A,
12.14% (3 Month US Treasury Bill Rate + 6.75%), 06/05/2026 (Acquired 05/24/2023 - 03/05/2024; Cost $904,379) (g)(h)(i) | | | 892,000 | | | | 909,439 | |
Mystic Re IV 2021-2 Class A,
11.48% (3 Month US Treasury Bill Rate + 6.10%), 01/08/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $2,456,167) (g)(h)(i) | | | 2,555,000 | | | | 2,512,459 | |
Mystic Re IV 2023-1 Class A,
14.63% (3 Month US Treasury Bill Rate + 9.25%), 01/08/2026 (Acquired 04/21/2023 - 04/10/2024; Cost $1,018,609) (g)(h)(i) | | | 1,006,000 | | | | 1,036,934 | |
Residential Re 2020-II Class 4,
11.39% (3 Month US Treasury Bill Rate + 6.01%), 12/06/2024 (Acquired 04/21/2023; Cost $563,817) (g)(h)(i) | | | 577,000 | | | | 564,912 | |
Residential Re 2021-I Class 11,
15.31% (3 Month US Treasury Bill Rate + 9.93%), 06/06/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $1,378,732) (g)(h)(i) | | | 1,573,000 | | | | 1,418,925 | |
Residential Re 2021-I Class 12,
10.89% (3 Month US Treasury Bill Rate + 5.51%), 06/06/2025 (Acquired 04/21/2023 - 07/12/2023; Cost $987,365) (g)(h)(i) | | | 1,078,000 | | | | 992,461 | |
Residential Re 2021-I Class 13,
9.04% (3 Month US Treasury Bill Rate + 3.66%), 06/06/2025 (Acquired 04/21/2023; Cost $648,137) (g)(h)(i) | | | 695,000 | | | | 656,427 | |
Residential Re 2021-I Class 14,
7.88% (3 Month US Treasury Bill Rate + 2.50%), 06/06/2025 (Acquired 04/21/2023; Cost $853,416) (g)(h)(i) | | | 898,000 | | | | 864,056 | |
Residential Re 2022-I Class 11,
17.89% (3 Month US Treasury Bill Rate + 12.51%), 06/06/2026 (Acquired 04/21/2023; Cost $344,241) (g)(h)(i) | | | 406,000 | | | | 367,329 | |
Residential Re 2022-I Class 12,
13.17% (3 Month US Treasury Bill Rate + 7.79%), 06/06/2026 (Acquired 04/21/2023; Cost $505,031) (g)(h)(i) | | | 579,000 | | | | 511,981 | |
Residential Re 2022-I Class 13,
10.70% (3 Month US Treasury Bill Rate + 5.32%), 06/06/2026 (Acquired 04/21/2023 - 07/07/2023; Cost $1,702,655) (g)(h)(i) | | | 1,887,000 | | | | 1,771,987 | |
Residential Re 2022-I Class 14,
9.38% (3 Month US Treasury Bill Rate + 4.00%), 06/06/2026 (Acquired 04/21/2023 - 07/07/2023; Cost $2,204,533) (g)(h)(i) | | | 2,358,000 | | | | 2,253,894 | |
Residential Re 2023-I Class 13,
15.89% (3 Month US Treasury Bill Rate + 10.50%), 06/06/2027 (Acquired 04/28/2023 - 07/07/2023; Cost $2,220,932) (g)(h)(i) | | | 2,219,000 | | | | 2,159,753 | |
Residential Re 2023-I Class 14,
11.89% (3 Month US Treasury Bill Rate + 6.50%), 06/06/2027 (Acquired 04/28/2023 - 09/22/2023; Cost $3,632,499) (g)(h)(i) | | | 3,642,000 | | | | 3,605,580 | |
Residential Re 2023-II Class 2,
5.39% (3 Month US Treasury Bill Rate + 0.00%), 12/06/2024 (Acquired 11/07/2023; Cost $310,575) (g)(h)(i) | | | 338,000 | | | | 305,231 | |
Residential Re 2023-II Class 3,
13.89% (3 Month US Treasury Bill Rate + 8.50%), 12/06/2027 (Acquired 11/07/2023; Cost $1,105,000) (g)(h)(i) | | | 1,105,000 | | | | 1,097,541 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
26
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| Multiperil - 7.2% (continued) | | | | | | | | | | |
Residential Re 2023-II Class 5,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 12/06/2027 (Acquired 11/07/2023; Cost $2,579,000) (g)(h)(i) | | $ | 2,579,000 | | | $ | 2,575,260 | |
Residential Re 2024-I Class 14,
11.14% (3 Month US Treasury Bill Rate + 0.50%), 06/06/2028 (Acquired 04/25/2024; Cost $651,000) (g)(h)(i) | | | 651,000 | | | | 651,000 | |
Riverfront Re 2021 Class A,
9.62% (3 Month US Treasury Bill Rate + 4.24%), 01/07/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $1,795,918) (e)(g)(h)(i) | | | 1,848,000 | | | | 1,807,067 | |
Riverfront Re 2021 Class B,
12.44% (3 Month US Treasury Bill Rate + 7.06%), 01/07/2025 (Acquired 04/21/2023; Cost $301,564) (g)(h)(i) | | | 319,000 | | | | 308,696 | |
Sakura Re 2022-1 Class A,
18.88% (3 Month US Treasury Bill Rate + 13.50%), 01/05/2026 (Acquired 04/21/2023; Cost $679,625) (g)(h)(i) | | | 685,000 | | | | 739,046 | |
Sanders Re II 2021-1 Class A,
8.67% (3 Month US Treasury Bill Rate + 3.29%), 04/07/2025 (Acquired 04/21/2023 - 07/24/2023; Cost $1,318,054) (g)(h)(i) | | | 1,352,000 | | | | 1,329,151 | |
Sanders Re II 2021-2 Class A,
8.43% (3 Month US Treasury Bill Rate + 3.05%), 04/07/2025 (Acquired 04/21/2023 - 10/26/2023; Cost $711,739) (g)(h)(i) | | | 730,000 | | | | 713,246 | |
Sanders Re III 2022-1 Class A,
8.99% (3 Month US Treasury Bill Rate + 3.61%), 04/07/2026 (Acquired 04/21/2023 - 09/28/2023; Cost $2,563,684) (g)(h)(i) | | | 2,675,000 | | | | 2,595,954 | |
Sanders Re III 2022-1 Class B,
16.29% (3 Month US Treasury Bill Rate + 10.91%), 04/07/2026 (Acquired 04/21/2023; Cost $739,114) (g)(h)(i) | | | 811,000 | | | | 727,021 | |
Sanders Re III 2022-2 Class A,
11.87% (3 Month US Treasury Bill Rate + 6.49%), 06/07/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $1,556,085) (g)(h)(i) | | | 1,612,000 | | | | 1,662,859 | |
Sanders Re III 2022-2 Class B,
14.13% (3 Month US Treasury Bill Rate + 8.75%), 06/07/2025 (Acquired 04/21/2023 - 03/28/2024; Cost $1,298,774) (g)(h)(i) | | | 1,342,000 | | | | 1,361,660 | |
Sanders Re III 2022-3 Class A,
11.63% (3 Month US Treasury Bill Rate + 6.25%), 04/07/2027 (Acquired 04/21/2023; Cost $613,604) (g)(h)(i) | | | 604,000 | | | | 611,339 | |
Sanders Re III 2023-1 Class A,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 04/07/2027 (Acquired 04/21/2023; Cost $416,369) (g)(h)(i) | | | 415,000 | | | | 416,432 | |
Sanders Re III 2023-1 Class B,
15.50% (3 Month US Treasury Bill Rate + 15.50%), 04/07/2027 (Acquired 04/21/2023; Cost $516,860) (g)(h)(i) | | | 518,000 | | | | 490,261 | |
Sanders Re III 2023-2 Class A,
13.39% (3 Month US Treasury Bill Rate + 8.00%), 06/05/2026 (Acquired 05/24/2023 - 07/07/2023; Cost $2,568,539) (g)(h)(i) | | | 2,572,000 | | | | 2,625,369 | |
Sanders Re III 2024-1 Class A,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 04/07/2028 (Acquired 01/16/2024; Cost $2,500,000) (g)(h)(i) | | | 2,500,000 | | | | 2,510,875 | |
Solomon Re 2023-1 Class A,
10.64% (3 Month US Treasury Bill Rate + 5.25%), 06/08/2026 (Acquired 06/12/2023; Cost $402,000) (g)(h)(i) | | | 402,000 | | | | 408,472 | |
Sussex Capital UK PCC 2020-1,
13.74% (3 Month US Treasury Bill Rate + 8.36%), 01/08/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $2,272,390) (g)(h)(i) | | | 2,358,000 | | | | 2,295,867 | |
Titania Re 2021-1 Class A,
10.49% (3 Month US Treasury Bill Rate + 5.11%), 06/21/2024 (Acquired 04/21/2023; Cost $976,935) (g)(h)(i) | | | 985,000 | | | | 984,557 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
27
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | | | | | | | PAR | | | VALUE | |
| Multiperil - 7.2% (continued) | | | | | | | | | | | |
Titania Re 2021-2 Class A,
11.88% (3 Month US Treasury Bill Rate + 6.50%), 12/27/2024 (Acquired 04/21/2023; Cost $498,169) (g)(h)(i) | | | $ | 521,000 | | | $ | 502,114 | |
Topanga Re 2021-1 Class A,
5.05% (3 Month US Treasury Bill Rate + 5.05%), 01/08/2026 (Acquired 04/21/2023; Cost $744,320) (g)(h)(i) | | | | 811,000 | | | | 780,547 | |
Topanga Re 2021-1 Class B,
10.50%, 01/08/2028 (Acquired 04/21/2023; Cost $347,842) (g)(h)(i)(k) | | | | 348,000 | | | | 273,180 | |
Vista Re 2022-1 Class A,
19.36% (3 Month US Treasury Bill Rate + 13.98%), 05/21/2025 (Acquired 04/21/2023; Cost $507,238) (g)(h)(i) | | | | 521,000 | | | | 524,595 | |
Yosemite Re 2022-1 Class A,
15.36% (3 Month US Treasury Bill Rate + 9.98%), 06/06/2025 (Acquired 04/21/2023; Cost $567,369) (g)(h)(i) | | | | 579,000 | | | | 592,896 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | 84,463,790 | |
| | | | | | | | | | | | | | |
| Windstorm - 11.3% | | | | | | | | | | | |
Alamo Re 2021-1 Class A,
12.56% (3 Month US Treasury Bill Rate + 7.18%), 06/07/2024 (Acquired 04/21/2023 - 07/07/2023; Cost $5,808,933) (g)(h)(i) | | | | 5,824,000 | | | | 5,849,334 | |
Alamo Re 2022-1 Class A,
12.87% (3 Month US Treasury Bill Rate + 7.49%), 06/07/2025 (Acquired 04/21/2023 - 03/27/2024; Cost $2,203,484) (g)(h)(i) | | | | 2,221,000 | | | | 2,208,673 | |
Alamo Re 2023-1 Class A,
13.89% (3 Month US Treasury Bill Rate + 8.50%), 06/07/2026 (Acquired 04/12/2023 - 07/07/2023; Cost $5,583,826) (e)(g)(h)(i) | | | | 5,569,000 | | | | 5,704,327 | |
Alamo Re 2024-1 Class A,
11.39% (3 Month US Treasury Bill Rate + 6.00%), 06/07/2027 (Acquired 04/04/2024; Cost $5,375,000) (g)(h)(i) | | | | 5,375,000 | | | | 5,370,700 | |
Alamo Re 2024-1 Class B,
13.14% (3 Month US Treasury Bill Rate + 7.75%), 06/07/2027 (Acquired 04/04/2024; Cost $7,167,000) (g)(h)(i) | | | | 7,167,000 | | | | 7,161,266 | |
Alamo Re 2024-1 Class C,
16.64% (3 Month US Treasury Bill Rate + 11.25%), 06/07/2026 (Acquired 04/04/2024; Cost $5,796,000) (g)(h)(i) | | | | 5,796,000 | | | | 5,791,363 | |
Armor Re II 2024-1 Class A,
15.64% (3 Month US Treasury Bill Rate + 10.25%), 05/07/2027 (Acquired 04/11/2024; Cost $1,948,000) (g)(h)(i) | | | | 1,948,000 | | | | 1,946,929 | |
Astro Re 2021-1 Class A,
13.38% (3 Month US Treasury Bill Rate + 8.00%), 07/08/2025 (Acquired 04/21/2023; Cost $353,167) (g)(h)(i)(j) | | | | 417,000 | | | | 302,325 | |
Bayou Re 2023-1 Class A,
18.14% (3 Month US Treasury Bill Rate + 12.75%), 05/26/2026 (Acquired 05/11/2023; Cost $585,000) (g)(h)(i) | | | | 585,000 | | | | 602,930 | |
Bayou Re 2023-1 Class B,
24.89% (3 Month US Treasury Bill Rate + 19.50%), 05/26/2026 (Acquired 05/11/2023 - 07/07/2023; Cost $1,364,091) (g)(h)(i) | | | | 1,366,000 | | | | 1,421,460 | |
Bayou Re 2024-1 Class A,
13.89% (3 Month US Treasury Bill Rate + 8.50%), 04/30/2027 (Acquired 04/18/2024; Cost $1,868,000) (g)(h)(i) | | | | 1,868,000 | | | | 1,867,066 | |
Bayou Re 2024-1 Class B,
23.89% (3 Month US Treasury Bill Rate + 18.50%), 04/30/2027 (Acquired 04/18/2024; Cost $623,000) (g)(h)(i) | | | | 623,000 | | | | 622,689 | |
Blue Ridge Re 2023-1 Class A,
10.64% (3 Month US Treasury Bill Rate + 5.25%), 01/08/2027 (Acquired 11/14/2023; Cost $2,766,000) (g)(h)(i) | | | | 2,766,000 | | | | 2,744,978 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
28
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| Windstorm - 11.3% (continued) | | | | | | | | | | |
Blue Ridge Re 2023-1 Class B,
13.39% (3 Month US Treasury Bill Rate + 8.00%), 01/08/2027 (Acquired 11/14/2023; Cost $3,367,000) (g)(h)(i) | | $ | 3,367,000 | | | $ | 3,426,259 | |
Bonanza Re 2022-2 Class A,
11.16% (3 Month US Treasury Bill Rate + 5.78%), 03/16/2025 (Acquired 04/21/2023; Cost $473,872) (g)(h)(i) | | | 521,000 | | | | 471,166 | |
Cape Lookout Re 2022-1 Class A,
14.97% (3 Month US Treasury Bill Rate + 9.59%), 03/28/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $3,981,998) (g)(h)(i) | | | 4,088,000 | | | | 4,073,488 | |
Cape Lookout Re 2023-1 Class A,
13.81% (3 Month US Treasury Bill Rate + 8.42%), 04/28/2026 (Acquired 04/14/2023 - 07/24/2023; Cost $6,638,404) (e)(g)(h)(i) | | | 6,630,000 | | | | 6,789,120 | |
Cape Lookout Re 2024-1 Class A,
13.39% (3 Month US Treasury Bill Rate + 8.00%), 04/05/2027 (Acquired 03/12/2024; Cost $5,662,000) (g)(h)(i) | | | 5,662,000 | | | | 5,666,247 | |
Catahoula Re II 2022-1 Class A,
15.63% (3 Month US Treasury Bill Rate + 10.25%), 06/16/2025 (Acquired 04/21/2023 - 03/28/2024; Cost $1,258,213) (g)(h)(i) | | | 1,300,000 | | | | 1,329,120 | |
Catahoula Re II 2022-1 Class B,
18.62% (3 Month US Treasury Bill Rate + 13.24%), 06/16/2025 (Acquired 04/21/2023; Cost $901,824) (g)(h)(i) | | | 927,000 | | | | 944,613 | |
Charles River Re 2024-1 Class A,
5.89% (3 Month US Treasury Bill Rate + 0.50%), 05/10/2027 (Acquired 04/05/2024; Cost $1,340,000) (g)(h)(i) | | | 1,340,000 | | | | 1,338,928 | |
Citrus Re 2022-1 Class A,
10.62% (3 Month US Treasury Bill Rate + 5.24%), 06/07/2025 (Acquired 04/21/2023; Cost $709,275) (g)(h)(i) | | | 724,000 | | | | 723,240 | |
Citrus Re 2023-1 Class A,
12.14% (3 Month US Treasury Bill Rate + 6.75%), 06/07/2026 (Acquired 04/27/2023; Cost $828,000) (e)(g)(h)(i) | | | 828,000 | | | | 847,996 | |
Citrus Re 2023-1 Class B,
14.39% (3 Month US Treasury Bill Rate + 9.00%), 06/07/2026 (Acquired 04/27/2023; Cost $719,000) (g)(h)(i) | | | 719,000 | | | | 742,368 | |
Citrus Re 2024-1 Class A,
14.64% (3 Month US Treasury Bill Rate + 9.25%), 06/07/2027 (Acquired 03/19/2024; Cost $395,000) (g)(h)(i) | | | 395,000 | | | | 393,973 | |
Citrus Re 2024-1 Class B,
15.89% (3 Month US Treasury Bill Rate + 10.50%), 06/07/2027 (Acquired 03/19/2024; Cost $762,000) (g)(h)(i) | | | 762,000 | | | | 759,866 | |
Commonwealth Re 2023-1 Class A,
9.39% (3 Month US Treasury Bill Rate + 4.00%), 07/08/2026 (Acquired 06/07/2023; Cost $837,000) (g)(h)(i) | | | 837,000 | | | | 843,780 | |
Everglades Re II 2021-1 Class A,
11.98% (3 Month US Treasury Bill Rate + 6.61%), 05/14/2024 (Acquired 04/21/2023 - 07/07/2023; Cost $3,722,331) (g)(h)(i) | | | 3,734,000 | | | | 3,732,880 | |
Everglades Re II 2021-1 Class B,
13.00% (3 Month US Treasury Bill Rate + 7.63%), 05/14/2024 (Acquired 04/21/2023 - 07/07/2023; Cost $4,964,907) (g)(h)(i) | | | 4,992,000 | | | | 4,990,502 | |
Everglades Re II 2021-2 Class A,
11.50% (3 Month US Treasury Bill Rate + 6.13%), 05/14/2024 (Acquired 04/21/2023 - 07/07/2023; Cost $4,389,057) (g)(h)(i) | | | 4,403,000 | | | | 4,401,679 | |
Everglades Re II 2022-1 Class A,
14.13% (3 Month US Treasury Bill Rate + 8.75%), 05/19/2025 (Acquired 04/21/2023 - 07/07/2023; Cost $2,453,563) (g)(h)(i) | | | 2,555,000 | | | | 2,513,354 | |
First Coast Re III 2021-1 Class A,
11.38% (3 Month US Treasury Bill Rate + 6.00%), 04/07/2025 (Acquired 04/21/2023 - 08/18/2023; Cost $799,662) (g)(h)(i) | | | 834,000 | | | | 807,270 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
29
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| Windstorm - 11.3% (continued) | | | | | | | | | | |
Fish Pond Re 2024-1 Class A,
9.39% (3 Month US Treasury Bill Rate + 4.00%), 01/08/2027 (Acquired 12/22/2023; Cost $1,327,000) (g)(h)(i) | | $ | 1,327,000 | | | $ | 1,329,746 | |
Gateway Re 2022-1 Class A,
13.96% (3 Month US Treasury Bill Rate + 8.58%), 05/12/2025 (Acquired 04/21/2023 - 01/10/2024; Cost $1,335,073) (g)(h)(i) | | | 1,360,000 | | | | 1,387,200 | |
Gateway Re 2023-1 Class A,
18.39% (3 Month US Treasury Bill Rate + 13.00%), 02/24/2026 (Acquired 04/21/2023 - 07/07/2023; Cost $2,603,366) (g)(h)(i) | | | 2,560,000 | | | | 2,737,408 | |
Gateway Re 2023-1 Class B,
25.39% (3 Month US Treasury Bill Rate + 20.00%), 02/24/2026 (Acquired 04/21/2023; Cost $403,684)(g)(h)(i) | | | 408,000 | | | | 413,345 | |
Gateway Re 2023-3 Class A,
15.39% (3 Month US Treasury Bill Rate + 10.00%), 07/08/2026 (Acquired 07/14/2023; Cost $752,000) (g)(h)(i) | | | 752,000 | | | | 776,252 | |
Gateway Re 2024-1 Class A,
5.39% (3 Month US Treasury Bill Rate), 12/23/2024 (Acquired 03/11/2024; Cost $1,061,574) (g)(h)(i) | | | 1,133,000 | | | | 1,053,293 | |
Gateway Re 2024-1 Class AA,
6.89% (3 Month US Treasury Bill Rate + 1.50%), 07/08/2027 (Acquired 03/11/2024; Cost $970,000) (g)(h)(i) | | | 970,000 | | | | 968,788 | |
Gateway Re 2024-2 Class C,
5.39% (3 Month US Treasury Bill Rate), 12/23/2024 (Acquired 03/28/2024; Cost $1,571,108) (g)(h)(i) | | | 1,700,000 | | | | 1,558,475 | |
Gateway Re II 2023-1 Class A,
14.89% (3 Month US Treasury Bill Rate + 9.50%), 04/27/2026 (Acquired 04/13/2023 - 04/21/2023; Cost $1,099,941) (g)(h)(i) | | | 1,100,000 | | | | 1,132,725 | |
Hestia Re 2022-1 Class A,
14.75% (3 Month US Treasury Bill Rate + 9.37%), 04/22/2025 (Acquired 04/21/2023 - 03/20/2024; Cost $2,451,910) (g)(h)(i) | | | 2,644,000 | | | | 2,538,240 | |
Integrity Re 2020-1 Class A,
6.08% (3 Month LIBOR US + 0.50%), 04/12/2028 (Acquired 04/21/2023; Cost $563,043) (g)(h)(i)(j)(m) | | | 891,000 | | | | 6,683 | |
Integrity Re 2022-1 Class A,
12.45% (3 Month US Treasury Bill Rate + 7.07%), 06/06/2025 (Acquired 04/21/2023; Cost $714,689) (e)(g)(h)(i) | | | 782,000 | | | | 566,950 | |
Integrity Re 2023-1 Class A,
17.39% (3 Month US Treasury Bill Rate + 12.00%), 06/06/2025 (Acquired 04/21/2023; Cost $672,551) (g)(h)(i) | | | 674,000 | | | | 692,164 | |
Integrity Re 2024-1 Class A,
15.89% (3 Month US Treasury Bill Rate + 10.50%), 06/06/2026 (Acquired 03/01/2024; Cost $764,000) (g)(h)(i) | | | 764,000 | | | | 763,465 | |
Integrity Re 2024-1 Class B,
18.64% (3 Month US Treasury Bill Rate + 13.25%), 06/06/2026 (Acquired 03/01/2024; Cost $436,000) (g)(h)(i) | | | 436,000 | | | | 433,864 | |
Integrity Re 2024-1 Class C,
22.39% (3 Month US Treasury Bill Rate + 17.00%), 06/06/2026 (Acquired 03/01/2024; Cost $764,000) (g)(h)(i) | | | 764,000 | | | | 759,416 | |
Integrity Re 2024-1 Class D,
28.39% (3 Month US Treasury Bill Rate + 23.00%), 06/06/2026 (Acquired 03/01/2024; Cost $1,200,000) (g)(h)(i) | | | 1,200,000 | | | | 1,191,000 | |
Lightning Re 2023-1 Class A,
16.39% (3 Month US Treasury Bill Rate + 11.00%), 03/31/2026 (Acquired 04/21/2023 - 04/10/2024; Cost $6,612,505) (g)(h)(i) | | | 6,340,000 | | | | 6,701,063 | |
Lower Ferry Re 2023-1 Class A,
9.64% (3 Month US Treasury Bill Rate + 4.25%), 07/08/2026 (Acquired 06/23/2023; Cost $586,000) (g)(h)(i) | | | 586,000 | | | | 593,354 | |
Lower Ferry Re 2023-1 Class B,
10.39% (3 Month US Treasury Bill Rate + 5.00%), 07/08/2026 (Acquired 06/23/2023 - 07/07/2023; Cost $1,929,815) (g)(h)(i) | | | 1,930,000 | | | | 1,960,398 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
30
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | | | | PAR | | | VALUE | |
| Windstorm - 11.3% (continued) | | | | | | | | | | |
Matterhorn Re SR2022-2 Class C,
14.37% (SOFR + 9.03%), 06/07/2024 (Acquired 04/21/2023 - 09/08/2023; Cost $946,347) (e)(g)(h)(i) | | $ | 945,000 | | | $ | 947,457 | |
Mayflower Re 2023-1 Class A,
4.50% (3 Month US Treasury Bill Rate + 4.50%), 07/08/2026 (Acquired 06/26/2023; Cost $1,075,000) (g)(h)(i) | | | 1,075,000 | | | | 1,091,770 | |
Mayflower Re 2023-1 Class B,
11.14% (3 Month US Treasury Bill Rate + 5.75%), 07/08/2026 (Acquired 06/26/2023 - 07/07/2023; Cost $3,524,701) (g)(h)(i) | | | 3,525,000 | | | | 3,605,899 | |
Merna Re II 2021-2 Class A,
10.89% (3 Month US Treasury Bill Rate + 5.51%), 07/08/2024 (Acquired 04/21/2023 - 07/07/2023; Cost $2,072,987) (g)(h)(i) | | | 2,122,000 | | | | 2,116,148 | |
Nature Coast Re 2023-1 Class A,
15.39% (3 Month US Treasury Bill Rate + 10.00%), 12/07/2026 (Acquired 11/16/2023; Cost $1,783,000) (g)(h)(i) | | | 1,783,000 | | | | 1,792,896 | |
Nature Coast Re 2023-1 Class B,
18.89% (3 Month US Treasury Bill Rate + 13.50%), 12/07/2026 (Acquired 11/16/2023; Cost $624,000) (g)(h)(i) | | | 624,000 | | | | 633,641 | |
Palm Re 2024-1 Class A,
14.89% (3 Month US Treasury Bill Rate + 9.50%), 06/07/2027 (Acquired 04/04/2024; Cost $1,396,000) (g)(h)(i) | | | 1,396,000 | | | | 1,395,232 | |
Pelican IV Re 2021-1 Class A,
5.88% (3 Month US Treasury Bill Rate + 0.50%), 05/07/2024 (Acquired 04/21/2023; Cost $282,530) (g)(h)(i)(j) | | | 319,000 | | | | 0 | |
Pelican IV Re 2021-1 Class B,
5.88% (3 Month US Treasury Bill Rate + 0.50%), 05/07/2027 (Acquired 04/21/2023; Cost $328,394) (g)(h)(i)(j) | | | 377,000 | | | | 19 | |
Purple Re 2023-1 Class A,
17.64% (3 Month US Treasury Bill Rate + 12.25%), 04/24/2026 (Acquired 04/21/2023; Cost $931,907) (g)(h)(i) | | | 932,000 | | | | 957,583 | |
Purple Re 2023-2 Class A,
15.39% (3 Month US Treasury Bill Rate + 10.00%), 06/05/2026 (Acquired 06/27/2023; Cost $864,000) (g)(h)(i) | | | 864,000 | | | | 871,560 | |
Purple Re 2024-1 Class A,
7.39% (3 Month US Treasury Bill Rate + 2.00%), 06/07/2027 (Acquired 04/02/2024; Cost $3,581,000) (g)(h)(i) | | | 3,581,000 | | | | 3,579,030 | |
Sabine Re 2024-1 Class A,
13.64% (3 Month US Treasury Bill Rate + 8.25%), 04/07/2027 (Acquired 03/26/2024; Cost $726,000) (g)(h)(i) | | | 726,000 | | | | 725,927 | |
Winston Re 2024-1 Class A,
15.64% (3 Month US Treasury Bill Rate + 10.25%), 02/26/2027 (Acquired 02/14/2024; Cost $1,350,000) (g)(h)(i) | | | 1,350,000 | | | | 1,330,290 | |
Winston Re 2024-1 Class B,
17.14% (3 Month US Treasury Bill Rate + 11.75%), 02/26/2027 (Acquired 02/14/2024; Cost $562,000) (g)(h)(i) | | | 562,000 | | | | 552,811 | |
| | | | | | | | |
| | | | | | | 133,553,981 | |
| | | | | | | | |
| | | | | | | 290,524,288 | |
| | | | | | | | |
TOTAL EVENT LINKED BONDS (Cost $357,967,920) | | | | | | | 357,965,597 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
| | |
| | | SHARES | | | VALUE | |
INVESTMENT COMPANIES - 0.6% | |
| Open-End Mutual Funds - 0.6% | |
Stone Ridge High Yield Reinsurance Risk Premium Fund - Class I (n) | | | 781,606 | | | | 7,073,535 | |
| | | | | | | | | | | | |
TOTAL INVESTMENT COMPANIES (Cost $6,912,605) | | | | | | | 7,073,535 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
31
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | | | | | | | PAR | | | VALUE | |
PARTICIPATION NOTES (f) - 3.7% | |
| Global - 3.7% | |
| Multiperil - 3.7% | |
Eden Re II 2021-1 Class B (Acquired 04/21/2023; Cost $121,262) (g)(h)(i)(j)(o)(p) | | | $ | 173,029 | | | $ | 47,357 | |
Eden Re II 2022-1 Class A (Acquired 04/21/2023; Cost $116,635) (g)(h)(i)(j)(o)(p) | | | | 165,720 | | | | 91,883 | |
Eden Re II 2022-1 Class B (Acquired 04/21/2023; Cost $255,534) (g)(h)(i)(j)(o)(p) | | | | 339,075 | | | | 192,729 | |
Eden Re II 2023-1 Class B (Acquired 07/07/2023; Cost $20,683) (g)(h)(i)(j)(o)(p) | | | | 19,431 | | | | 569,597 | |
Eden Re II 2024-1 Class B (Acquired 12/20/2023; Cost $7,200,000) (g)(h)(i)(j)(o)(p) | | | | 7,200,000 | | | | 7,572,309 | |
Sector Re V Series 2022-Dec Class GL-R (Acquired 04/21/2023; Cost $1,126) (h)(i)(j) | | | | 1,070 | | | | 43,829 | |
Sector Re V Series 2023-Apr Class GL-N (Acquired 04/25/2023; Cost $35,480) (h)(i)(j)(p) | | | | 35,480 | | | | 8,552,416 | |
Sector Re V Series 2023-Apr Class GL-R (Acquired 07/07/2023; Cost $1,461) (h)(i)(j)(p) | | | | 1,073 | | | | 258,645 | |
Sector Re V Series 2023-Dec Class GL-R (Acquired 12/08/2023; Cost $499,400) (h)(i)(j)(p) | | | | 499,400 | | | | 554,465 | |
Sector Re V Series 2024-Apr Class GL-R (Acquired 04/29/2024; Cost $25,756,000) (h)(i)(j)(p) | | | | 25,756,000 | | | | 25,756,000 | |
| | | | | | | | | | | | | | |
TOTAL PARTICIPATION NOTES (Cost $34,007,581) | | | | | | | | 43,639,230 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| | |
| | | | SHARES | | | | |
PREFERENCE SHARES (f) - 4.0% | | | | | | | | | |
| Global - 4.0% | |
| Multiperil - 4.0% | |
Longleaf (Artex Segregated Account Company) (Acquired 07/07/2023; Cost $35,082,000)(h)(i)(j)(o)(p) | | | | 35,082 | | | | 47,243,809 | |
| | | | | | | | | | | | | | |
TOTAL PREFERENCE SHARES (Cost $35,082,000) | | | | | | | | 47,243,809 | |
| | | | | | | | | | | | | | |
| | | | | | | | | |
| | | |
| | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
PURCHASED OPTIONS- 0.3% | | | | | | | | | | | | | | |
| Call Options - 0.0% (l) | | | | | | | | | | | |
Corn future, Expires: 05/24/2024, Exercise Price: $470.00 | | | 25 | | | | 558,438 | | | | 3,594 | |
Corn future, Expires: 06/21/2024, Exercise Price: $475.00 | | | 50 | | | | 1,116,875 | | | | 17,812 | |
Corn future, Expires: 06/21/2024, Exercise Price: $480.00 | | | 100 | | | | 2,233,750 | | | | 30,625 | |
Corn future, Expires: 06/21/2024, Exercise Price: $485.00 | | | 100 | | | | 2,233,750 | | | | 26,875 | |
Corn future, Expires: 06/21/2024, Exercise Price: $490.00 | | | 100 | | | | 2,233,750 | | | | 23,125 | |
Soybean Future, Expires: 06/21/2024, Exercise Price: $1,250.00 | | | 10 | | | | 581,500 | | | | 3,875 | |
Sugar Future, Expires: 05/15/2024, Exercise Price: $21.00 | | | 5 | | | | 108,696 | | | | 280 | |
Wheat Future, Expires: 06/21/2024, Exercise Price: $665.00 | | | 50 | | | | 1,508,125 | | | | 29,376 | |
Wheat future, Expires: 06/21/2024, Exercise Price: $670.00 | | | 50 | | | | 1,508,125 | | | | 27,187 | |
| | | | | | | | | | | | | | |
TOTAL CALL OPTIONS (Cost $211,434) | | | | | | | | | | | 162,749 | |
| | | | | | | | | | | | | | |
| Put Options - 0.3% | | | | | | | | | |
Corn Future, Expires: 05/24/2024, Strike Price: $430.00 | | | 25 | | | | 558,437 | | | | 3,750 | |
Corn Future, Expires: 06/21/2024, Strike Price: $425.00 | | | 100 | | | | 2,233,750 | | | | 30,625 | |
Corn Future, Expires: 06/21/2024, Strike Price: $430.00 | | | 100 | | | | 2,233,750 | | | | 38,750 | |
Corn Future, Expires: 06/21/2024, Strike Price: $435.00 | | | 100 | | | | 2,233,750 | | | | 48,750 | |
Corn Future, Expires: 06/21/2024, Strike Price: $440.00 | | | 50 | | | | 1,116,875 | | | | 30,313 | |
S&P 500 Index, Expires 05/03/2024; Strike Price: $4,150.00 | | | 420 | | | | 211,498,980 | | | | 3,150 | |
S&P 500 Index, Expires 05/16/2024; Strike Price: $3,900.00 | | | 400 | | | | 201,427,600 | | | | 23,000 | |
S&P 500 Index, Expires 05/17/2024; Strike Price: $4,450.00 | | | 215 | | | | 108,267,335 | | | | 39,775 | |
S&P 500 Index, Expires 06/21/2024; Strike Price: $4,550.00 | | | 200 | | | | 100,713,800 | | | | 257,000 | |
S&P 500 Index, Expires 12/19/2025, Strike Price: $3,500.00 | | | 325 | | | | 163,659,925 | | | | 1,777,750 | |
S&P 500 Index, Expires 12/19/2025; Strike Price: $3,600.00 | | | 30 | | | | 15,107,070 | | | | 183,000 | |
S&P 500 Index, Expires 12/19/2025; Strike Price: $3,900.00 | | | 138 | | | | 69,492,522 | | | | 1,172,310 | |
Soybean Future, Expires: 06/21/2024, Exercise Price: $1,120.00 | | | 10 | | | | 581,500 | | | | 6,750 | |
Sugar Future, Expires: 05/15/2024, Exercise Price: $18.50 | | | 5 | | | | 108,696 | | | | 672 | |
Wheat future, Expires: 06/21/2024, Exercise Price: $550.00 | | | 55 | | | | 1,658,938 | | | | 25,437 | |
Wheat future, Expires: 06/21/2024, Exercise Price: $555.00 | | | 50 | | | | 1,508,125 | | | | 26,562 | |
| | | | | | | | | | | | | | |
| | | | 3,667,594 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
32
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | |
| | | |
| | | COUNTERPARTY | | | PAR | | | VALUE | |
| OTC Put Options - 0.0% (l) | | | | | | | | | |
AUD/JPY, Expires: 5/14/24, Strike Price: $91.00 | | | BNP Paribas | | | $ | 135,000,000 | | | $ | 3,717 | |
AUD/JPY, Expires: 7/14/24, Strike Price: $92.50 | | | Barclays | | | | 135,000,000 | | | | 255,272 | |
| | | | | | | | | | | | | | |
| | | | 258,989 | |
| | | | | | | | | | | | | | |
TOTAL PUT OPTIONS (Cost $8,212,653) | | | | | | | | | | | 3,926,583 | |
| | | | | | | | | | | | | | |
TOTAL PURCHASED OPTIONS (Cost $8,424,087) | | | | | | | | | | | 4,089,332 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| | | | |
| | | | | | | | SHARES | | | VALUE | |
| SHORT-TERM INVESTMENTS - 44.2% | | | | |
| Money Market Funds - 4.9% | | | | | | | | | |
First American Government Obligations Fund - Class X 5.23% (q) | | | | 28,659,176 | | | | 28,659,176 | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class 5.22% (q) | | | | 28,659,176 | | | | 28,659,176 | |
| | | | | | | | | | | | | | |
| | | | | | | | 57,318,352 | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| | |
| | | | PAR | | | VALUE | |
| U.S. Treasury Bills - 39.3% | | | | | | | |
5.401%, 08/08/2024 (k)(r) | | | $ | 18,500,000 | | | $ | 18,233,542 | |
5.510%, 09/05/2024 (k)(r) | | | | 28,000,000 | | | | 27,484,751 | |
5.478%, 10/03/2024 (k)(r) | | | | 43,800,000 | | | | 42,823,610 | |
5.332%, 10/31/2024 (k)(r) | | | | 34,000,000 | | | | 33,106,884 | |
4.937%, 11/29/2024 (k)(r) | | | | 84,000,000 | | | | 81,480,910 | |
4.849%, 12/26/2024 (k)(r) | | | | 89,000,000 | | | | 86,022,060 | |
4.901%, 01/23/2025 (k)(r) | | | | 49,000,000 | | | | 47,192,002 | |
5.061%, 02/20/2025 (k)(r) | | | | 66,000,000 | | | | 63,293,805 | |
5.164%, 03/20/2025 (k)(r) | | | | 37,000,000 | | | | 35,338,894 | |
5.224% 04/17/2025 (k)(r) | | | | 29,000,000 | | | | 27,592,965 | |
| | | | | | | | | |
| | | | | | | | 462,569,423 | |
| | | | | | | | | |
TOTAL SHORT-TERM INVESTMENTS (Cost $520,746,659) | | | | | | | | 519,887,775 | |
| | | | | | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
WHOLE LOANS - 5.6% | | | | | | | | | | | | | | | | | | |
Consumer Loans - 4.6% | | | | | | | | | | | | | | | | | | |
| United States - 4.6% | | | | | | | | | | | | | | |
185102286.SRDLC, 8.99%, 02/16/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | $ | 2,612 | | | $ | 2,612 | | | $ | 2,556 | |
185222071.SRDLC, 14.19%, 02/09/2025 (a)(p)(s) | | Lending Club | | | 2/11/2022 | | | | 1,175 | | | | 1,175 | | | | 127 | |
185240121.SRDLC, 14.99%, 02/14/2025 (a)(p)(s) | | Lending Club | | | 2/16/2022 | | | | 9,917 | | | | 9,916 | | | | 9,730 | |
185241731.SRDLC, 18.49%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 8,777 | | | | 8,777 | | | | 8,485 | |
185262054.SRDLC, 8.99%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 7,325 | | | | 7,325 | | | | 7,178 | |
185262514.SRDLC, 27.99%, 02/23/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 2,643 | | | | 2,643 | | | | 2,606 | |
185340369.SRDLC, 5.00%, 02/18/2028 (a)(p)(s) | | Lending Club | | | 2/23/2022 | | | | 9,765 | | | | 9,765 | | | | 2,152 | |
185434476.SRDLC, 9.59%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 4,606 | | | | 4,606 | | | | 4,532 | |
185456190.SRDLC, 12.49%, 02/08/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 4,389 | | | | 4,389 | | | | 4,299 | |
185537602.SRDLC, 11.49%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 25,421 | | | | 25,420 | | | | 24,158 | |
185539968.SRDLC, 23.99%, 11/23/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 4,954 | | | | 4,954 | | | | 4,807 | |
185623354.SRDLC, 9.24%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 9,792 | | | | 9,792 | | | | 9,636 | |
185668066.SRDLC, 5.99%, 06/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 11,195 | | | | 11,195 | | | | 9,431 | |
185670728.SRDLC, 7.49%, 05/14/2025 (a)(p)(s) | | Lending Club | | | 2/16/2022 | | | | 3,345 | | | | 3,345 | | | | 3,278 | |
185670829.SRDLC, 12.49%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 2,529 | | | | 2,529 | | | | 2,462 | |
185710985.SRDLC, 9.49%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 8,983 | | | | 8,983 | | | | 8,682 | |
185741639.SRDLC, 17.94%, 07/13/2025 (a)(p)(s) | | Lending Club | | | 2/15/2022 | | | | 5,350 | | | | 5,350 | | | | 579 | |
185754712.SRDLC, 7.74%, 02/10/2025 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 3,616 | | | | 3,616 | | | | 3,557 | |
185780292.SRDLC, 21.49%, 02/10/2027 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 12,446 | | | | 12,446 | | | | 12,015 | |
185783823.SRDLC, 11.19%, 02/28/2027 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 6,370 | | | | 6,370 | | | | 6,003 | |
185790106.SRDLC, 18.99%, 02/24/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 12,096 | | | | 12,096 | | | | 11,967 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
33
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
185805124.SRDLC, 12.49%, 02/21/2025 (a)(s) | | Lending Club | | | 2/17/2022 | | | $ | 9,527 | | | $ | 9,527 | | | $ | 9,343 | |
185808493.SRDLC, 8.99%, 02/28/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 8,426 | | | | 8,426 | | | | 8,131 | |
185816655.SRDLC, 8.74%, 03/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 3,003 | | | | 3,003 | | | | 2,948 | |
185816728.SRDLC, 10.99%, 02/28/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 5,607 | | | | 5,607 | | | | 5,447 | |
185818512.SRDLC, 12.74%, 02/15/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 25,486 | | | | 25,486 | | | | 24,199 | |
185821978.SRDLC, 6.49%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 5,950 | | | | 5,950 | | | | 5,854 | |
185865725.SRDLC, 11.49%, 02/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 3,760 | | | | 3,760 | | | | 3,657 | |
185866588.SRDLC, 20.44%, 02/28/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 16,483 | | | | 16,483 | | | | 15,891 | |
185884862.SRDLC, 30.49%, 06/22/2025 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 2,829 | | | | 2,829 | | | | 306 | |
185885230.SRDLC, 17.19%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 10,019 | | | | 10,019 | | | | 9,697 | |
185890987.SRDLC, 16.49%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 6,277 | | | | 6,276 | | | | 680 | |
185924532.SRDLC, 8.99%, 02/17/2027 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 24,118 | | | | 24,118 | | | | 23,309 | |
185941933.SRDLC, 5.99%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 4,736 | | | | 4,736 | | | | 4,659 | |
185947404.SRDLC, 16.74%, 02/15/2027 (a)(p)(s) | | Lending Club | | | 2/17/2022 | | | | 26,431 | | | | 26,431 | | | | 2,862 | |
185970566.SRDLC, 5.09%, 02/18/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 806 | | | | 806 | | | | 793 | |
185983273.SRDLC, 5.09%, 02/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 5,425 | | | | 5,425 | | | | 5,337 | |
185994538.SRDLC, 10.09%, 02/15/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 12,371 | | | | 12,371 | | | | 12,160 | |
186002006.SRDLC, 5.94%, 04/25/2025 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 3,814 | | | | 3,814 | | | | 3,740 | |
186004968.SRDLC, 6.59%, 02/28/2025 (a)(p)(s) | | Lending Club | | | 3/2/2022 | | | | 7,503 | | | | 7,503 | | | | 813 | |
186008277.SRDLC, 17.94%, 02/23/2025 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 22,402 | | | | 22,402 | | | | 2,426 | |
186008308.SRDLC, 11.24%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 3,747 | | | | 3,746 | | | | 3,652 | |
186016502.SRDLC, 14.19%, 04/19/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 16,181 | | | | 16,181 | | | | 15,737 | |
186019656.SRDLC, 23.99%, 02/11/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 2,150 | | | | 2,150 | | | | 2,093 | |
186023728.SRDLC, 5.99%, 02/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 2,368 | | | | 2,368 | | | | 2,330 | |
186029660.SRDLC, 6.59%, 02/15/2027 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 17,592 | | | | 17,592 | | | | 17,064 | |
186031815.SRDLC, 11.99%, 02/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 3,774 | | | | 3,774 | | | | 3,673 | |
186035989.SRDLC, 6.49%, 02/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 2,142 | | | | 2,142 | | | | 2,107 | |
186036790.SRDLC, 7.44%, 02/15/2027 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 21,409 | | | | 21,409 | | | | 20,697 | |
186038132.SRDLC, 24.99%, 03/03/2027 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 13,698 | | | | 13,698 | | | | 13,008 | |
186038736.SRDLC, 10.49%, 02/25/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 3,107 | | | | 3,107 | | | | 3,027 | |
186058758.SRDLC, 5.09%, 02/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 6,451 | | | | 6,451 | | | | 6,318 | |
186061425.SRDLC, 6.59%, 02/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 5,957 | | | | 5,957 | | | | 5,834 | |
186063741.SRDLC, 20.49%, 07/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 7,301 | | | | 7,364 | | | | 7,100 | |
186063949.SRDLC, 4.99%, 02/10/2025 (a)(p)(s) | | Lending Club | | | 2/14/2022 | | | | 2,155 | | | | 2,155 | | | | 233 | |
186068704.SRDLC, 8.49%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 10,242 | | | | 10,242 | | | | 10,076 | |
186070979.SRDLC, 7.24%, 02/10/2025 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 1,499 | | | | 1,499 | | | | 1,475 | |
186075189.SRDLC, 28.99%, 02/11/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 7,302 | | | | 7,302 | | | | 7,555 | |
186078991.SRDLC, 13.74%, 03/28/2027 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 6,266 | | | | 6,266 | | | | 5,984 | |
186080289.SRDLC, 6.49%, 02/10/2025 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 2,082 | | | | 2,082 | | | | 2,049 | |
186083977.SRDLC, 10.24%, 02/10/2027 (a)(p)(s) | | Lending Club | | | 2/14/2022 | | | | 5,532 | | | | 5,532 | | | | 2,734 | |
186086541.SRDLC, 24.99%, 02/11/2027 (a)(p)(s) | | Lending Club | | | 2/15/2022 | | | | 5,611 | | | | 5,611 | | | | 5,353 | |
186087410.SRDLC, 11.99%, 02/09/2025 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 3,852 | | | | 3,852 | | | | 3,745 | |
186089886.SRDLC, 15.00%, 07/09/2027 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 13,117 | | | | 13,117 | | | | 10,884 | |
186092349.SRDLC, 15.99%, 02/14/2027 (a)(s) | | Lending Club | | | 2/11/2022 | | | | 13,032 | | | | 13,032 | | | | 12,506 | |
186094747.SRDLC, 10.59%, 02/24/2025 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 7,194 | | | | 7,194 | | | | 7,006 | |
186094950.SRDLC, 6.99%, 02/16/2025 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 2,467 | | | | 2,467 | | | | 2,428 | |
186096639.SRDLC, 7.59%, 02/10/2027 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 23,891 | | | | 23,891 | | | | 23,089 | |
186098721.SRDLC, 12.24%, 02/11/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 20,763 | | | | 20,763 | | | | 20,252 | |
186100035.SRDLC, 16.99%, 02/18/2025 (a)(p)(s) | | Lending Club | | | 2/14/2022 | | | | 2,701 | | | | 2,701 | | | | 293 | |
186106421.SRDLC, 5.99%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 5,328 | | | | 5,327 | | | | 5,241 | |
186106808.SRDLC, 23.49%, 02/10/2027 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 4,915 | | | | 4,915 | | | | 4,934 | |
186107208.SRDLC, 18.49%, 02/16/2027 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 9,495 | | | | 9,495 | | | | 9,171 | |
186110286.SRDLC, 9.24%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 1,683 | | | | 1,683 | | | | 1,650 | |
186116099.SRDLC, 18.19%, 02/10/2027 (a)(s) | | Lending Club | | | 2/14/2022 | | | | 5,388 | | | | 5,388 | | | | 5,168 | |
186118888.SRDLC, 29.49%, 03/17/2027 (a)(p)(s) | | Lending Club | | | 3/4/2022 | | | | 11,865 | | | | 11,865 | | | | 12,032 | |
186118898.SRDLC, 10.59%, 02/17/2025 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 6,204 | | | | 6,204 | | | | 6,044 | |
186119250.SRDLC, 16.19%, 06/28/2025 (a)(p)(s) | | Lending Club | | | 2/23/2022 | | | | 2,772 | | | | 2,772 | | | | 2,675 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
34
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186120139.SRDLC, 12.74%, 02/11/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | $ | 1,743 | | | $ | 1,743 | | | $ | 1,708 | |
186120864.SRDLC, 23.49%, 03/20/2027 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 13,410 | | | | 13,410 | | | | 13,420 | |
186124468.SRDLC, 9.34%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 8,098 | | | | 8,098 | | | | 7,825 | |
186126018.SRDLC, 19.99%, 02/24/2027 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 6,031 | | | | 6,031 | | | | 5,854 | |
186127839.SRDLC, 15.19%, 02/11/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 4,270 | | | | 4,269 | | | | 4,086 | |
186131293.SRDLC, 15.19%, 02/26/2027 (a)(p)(s) | | Lending Club | | | 2/15/2022 | | | | 9,524 | | | | 9,523 | | | | 9,257 | |
186133242.SRDLC, 9.34%, 02/11/2025 (a)(p)(s) | | Lending Club | | | 2/15/2022 | | | | 2,027 | | | | 2,026 | | | | 1,613 | |
186133493.SRDLC, 14.49%, 02/15/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 5,817 | | | | 5,817 | | | | 5,713 | |
186134601.SRDLC, 6.59%, 02/11/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 1,474 | | | | 1,474 | | | | 1,444 | |
186135609.SRDLC, 10.49%, 02/11/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 3,099 | | | | 3,099 | | | | 3,017 | |
186135953.SRDLC, 19.99%, 02/24/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 5,554 | | | | 5,554 | | | | 5,448 | |
186136661.SRDLC, 6.49%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 2,677 | | | | 2,677 | | | | 2,634 | |
186137516.SRDLC, 23.49%, 02/11/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 17,556 | | | | 17,556 | | | | 17,557 | |
186137950.SRDLC, 4.99%, 02/28/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 16,781 | | | | 16,781 | | | | 16,248 | |
186139201.SRDLC, 15.99%, 02/14/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 248 | | | | 248 | | | | 246 | |
186139447.SRDLC, 15.00%, 03/25/2028 (a)(p)(s) | | Lending Club | | | 2/16/2022 | | | | 30,869 | | | | 30,869 | | | | 24,293 | |
186143484.SRDLC, 18.44%, 03/12/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,662 | | | | 1,662 | | | | 1,631 | |
186144111.SRDLC, 12.34%, 02/23/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 3,203 | | | | 3,202 | | | | 3,119 | |
186144333.SRDLC, 6.59%, 02/16/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 8,775 | | | | 8,775 | | | | 8,485 | |
186147186.SRDLC, 18.49%, 02/16/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 4,073 | | | | 4,073 | | | | 3,930 | |
186149504.SRDLC, 30.99%, 02/11/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 14,800 | | | | 14,800 | | | | 15,317 | |
186152098.SRDLC, 22.99%, 06/15/2025 (a)(p)(s) | | Lending Club | | | 2/15/2022 | | | | 5,081 | | | | 5,081 | | | | 1,298 | |
186152237.SRDLC, 18.49%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 9,452 | | | | 9,452 | | | | 9,137 | |
186154920.SRDLC, 4.99%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 5,565 | | | | 5,565 | | | | 5,475 | |
186156292.SRDLC, 14.49%, 02/11/2027 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 10,444 | | | | 10,444 | | | | 10,015 | |
186158244.SRDLC, 22.99%, 02/11/2025 (a)(s) | | Lending Club | | | 2/15/2022 | | | | 1,047 | | | | 1,047 | | | | 1,022 | |
186161317.SRDLC, 23.19%, 03/02/2027 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 14,300 | | | | 14,300 | | | | 14,224 | |
186163058.SRDLC, 20.44%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 4,116 | | | | 4,116 | | | | 3,955 | |
186163232.SRDLC, 8.99%, 03/06/2025 (a)(p)(s) | | Lending Club | | | 2/16/2022 | | | | 3,388 | | | | 3,388 | | | | 3,322 | |
186164619.SRDLC, 9.84%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 10,157 | | | | 10,157 | | | | 9,962 | |
186165363.SRDLC, 7.59%, 02/15/2027 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 6,126 | | | | 6,126 | | | | 5,922 | |
186165439.SRDLC, 8.74%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 6,698 | | | | 6,698 | | | | 6,589 | |
186168326.SRDLC, 14.01%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 6,189 | | | | 6,189 | | | | 5,940 | |
186170688.SRDLC, 9.49%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 12,477 | | | | 12,476 | | | | 12,049 | |
186173853.SRDLC, 5.99%, 02/17/2025 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 11,839 | | | | 11,839 | | | | 11,649 | |
186176306.SRDLC, 9.24%, 02/25/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 6,186 | | | | 6,186 | | | | 6,058 | |
186177952.SRDLC, 9.34%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 10,721 | | | | 10,721 | | | | 10,505 | |
186178681.SRDLC, 15.00%, 07/19/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 2,885 | | | | 2,885 | | | | 2,658 | |
186180834.SRDLC, 9.09%, 02/01/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 944 | | | | 944 | | | | 929 | |
186187343.SRDLC, 9.34%, 02/17/2025 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 2,753 | | | | 2,752 | | | | 2,698 | |
186188347.SRDLC, 15.24%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 5,913 | | | | 5,913 | | | | 5,673 | |
186192404.SRDLC, 11.49%, 03/01/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 762 | | | | 762 | | | | 747 | |
186193863.SRDLC, 21.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,933 | | | | 2,946 | | | | 2,879 | |
186194306.SRDLC, 6.99%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 5,383 | | | | 5,383 | | | | 5,296 | |
186198172.SRDLC, 8.99%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 11,141 | | | | 11,141 | | | | 10,916 | |
186200044.SRDLC, 20.99%, 02/14/2027 (a)(p)(s) | | Lending Club | | | 2/16/2022 | | | | 33,761 | | | | 33,761 | | | | 3,656 | |
186203190.SRDLC, 29.99%, 02/24/2027 (a)(p)(s) | | Lending Club | | | 2/28/2022 | | | | 15,009 | | | | 15,009 | | | | 1,626 | |
186205905.SRDLC, 8.59%, 02/15/2027 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 8,659 | | | | 8,659 | | | | 8,362 | |
186207781.SRDLC, 9.49%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 15,595 | | | | 15,595 | | | | 15,061 | |
186208596.SRDLC, 4.99%, 02/16/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 19,115 | | | | 19,115 | | | | 18,511 | |
186208796.SRDLC, 11.84%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 2,760 | | | | 2,760 | | | | 2,693 | |
186211572.SRDLC, 14.99%, 02/28/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 3,315 | | | | 3,315 | | | | 3,184 | |
186212884.SRDLC, 9.99%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 7,521 | | | | 7,521 | | | | 7,268 | |
186219997.SRDLC, 6.99%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 18,270 | | | | 18,270 | | | | 17,723 | |
186222490.SRDLC, 17.19%, 02/16/2027 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 26,718 | | | | 26,718 | | | | 25,649 | |
186223918.SRDLC, 7.59%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 11,026 | | | | 11,026 | | | | 10,659 | |
186226030.SRDLC, 23.49%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 7,024 | | | | 7,024 | | | | 7,030 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
35
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186227457.SRDLC, 12.49%, 02/28/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | $ | 368 | | | $ | 368 | | | $ | 366 | |
186227792.SRDLC, 14.19%, 03/02/2025 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 7,031 | | | | 7,031 | | | | 6,832 | |
186228314.SRDLC, 12.49%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 4,741 | | | | 4,741 | | | | 4,650 | |
186229168.SRDLC, 12.19%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 3,152 | | | | 3,152 | | | | 3,069 | |
186230040.SRDLC, 8.24%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 485 | | | | 485 | | | | 475 | |
186230332.SRDLC, 15.44%, 06/23/2025 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 5,524 | | | | 5,524 | | | | 566 | |
186230437.SRDLC, 5.00%, 02/10/2026 (a)(p)(s) | | Lending Club | | | 2/16/2022 | | | | 4,000 | | | | 4,000 | | | | 3,912 | |
186232036.SRDLC, 10.99%, 02/15/2025 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 3,737 | | | | 3,737 | | | | 3,640 | |
186232907.SRDLC, 5.09%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 3,225 | | | | 3,225 | | | | 3,173 | |
186233955.SRDLC, 6.49%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 2,975 | | | | 2,975 | | | | 2,927 | |
186235024.SRDLC, 5.99%, 02/14/2025 (a)(s) | | Lending Club | | | 2/16/2022 | | | | 1,480 | | | | 1,480 | | | | 1,456 | |
186237910.SRDLC, 23.49%, 08/14/2027 (a)(p)(s) | | Lending Club | | | 2/16/2022 | | | | 14,889 | | | | 14,889 | | | | 13,289 | |
186240797.SRDLC, 13.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 9,438 | | | | 9,438 | | | | 8,968 | |
186243926.SRDLC, 5.09%, 02/15/2025 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 6,451 | | | | 6,451 | | | | 6,347 | |
186254716.SRDLC, 9.59%, 02/15/2025 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 4,608 | | | | 4,608 | | | | 4,529 | |
186261645.SRDLC, 9.84%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 3,711 | | | | 3,711 | | | | 3,622 | |
186262246.SRDLC, 23.99%, 10/28/2027 (a)(p)(s) | | Lending Club | | | 2/22/2022 | | | | 26,639 | | | | 26,639 | | | | 2,885 | |
186263527.SRDLC, 15.94%, 02/15/2027 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 22,473 | | | | 22,473 | | | | 21,886 | |
186263958.SRDLC, 12.99%, 02/14/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 3,135 | | | | 3,135 | | | | 3,054 | |
186264830.SRDLC, 9.34%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 13,705 | | | | 13,705 | | | | 13,242 | |
186266713.SRDLC, 8.99%, 02/16/2027 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 14,901 | | | | 14,901 | | | | 14,391 | |
186266842.SRDLC, 10.49%, 02/18/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 929 | | | | 929 | | | | 906 | |
186269763.SRDLC, 10.24%, 02/16/2027 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 7,539 | | | | 7,539 | | | | 7,282 | |
186271797.SRDLC, 9.24%, 02/20/2025 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 8,173 | | | | 8,173 | | | | 8,022 | |
186271799.SRDLC, 20.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/17/2022 | | | | 15,103 | | | | 15,103 | | | | 14,572 | |
186272685.SRDLC, 8.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 5,893 | | | | 5,893 | | | | 5,753 | |
186273429.SRDLC, 9.34%, 02/01/2025 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 3,322 | | | | 3,322 | | | | 3,253 | |
186280147.SRDLC, 15.00%, 07/30/2027 (a)(p)(s) | | Lending Club | | | 2/17/2022 | | | | 12,519 | | | | 12,519 | | | | 10,544 | |
186283677.SRDLC, 5.99%, 02/05/2025 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 11,756 | | | | 11,756 | | | | 11,570 | |
186285554.SRDLC, 8.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 6,738 | | | | 6,738 | | | | 6,576 | |
186290975.SRDLC, 16.49%, 02/18/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 3,984 | | | | 3,984 | | | | 3,828 | |
186291079.SRDLC, 28.99%, 02/25/2027 (a)(p)(s) | | Lending Club | | | 3/1/2022 | | | | 12,230 | | | | 12,230 | | | | 12,692 | |
186295500.SRDLC, 14.69%, 02/28/2027 (a)(p)(s) | | Lending Club | | | 2/23/2022 | | | | 17,787 | | | | 17,787 | | | | 17,255 | |
186296041.SRDLC, 7.59%, 02/17/2027 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 7,029 | | | | 7,029 | | | | 6,799 | |
186296227.SRDLC, 23.99%, 02/16/2027 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 17,618 | | | | 17,618 | | | | 17,726 | |
186297344.SRDLC, 9.24%, 02/17/2025 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 490 | | | | 490 | | | | 480 | |
186298102.SRDLC, 28.99%, 03/16/2025 (a)(p)(s) | | Lending Club | | | 3/18/2022 | | | | 2,781 | | | | 2,817 | | | | 301 | |
186301354.SRDLC, 12.12%, 02/17/2027 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 25,567 | | | | 25,567 | | | | 24,288 | |
186305524.SRDLC, 7.09%, 02/18/2027 (a)(p)(s) | | Lending Club | | | 2/23/2022 | | | | 11,042 | | | | 11,042 | | | | 1,196 | |
186305780.SRDLC, 5.99%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 4,736 | | | | 4,736 | | | | 4,659 | |
186306461.SRDLC, 5.99%, 02/16/2025 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 2,131 | | | | 2,131 | | | | 2,097 | |
186308416.SRDLC, 12.49%, 02/18/2025 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 1,520 | | | | 1,520 | | | | 1,489 | |
186310528.SRDLC, 24.99%, 02/24/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 17,126 | | | | 17,126 | | | | 16,365 | |
186311139.SRDLC, 18.44%, 02/16/2025 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 13,391 | | | | 13,391 | | | | 13,243 | |
186314151.SRDLC, 5.99%, 02/17/2025 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 6,216 | | | | 6,216 | | | | 6,091 | |
186314710.SRDLC, 28.99%, 02/16/2027 (a)(s) | | Lending Club | | | 2/18/2022 | | | | 8,763 | | | | 8,763 | | | | 9,085 | |
186314998.SRDLC, 10.49%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 12,395 | | | | 12,395 | | | | 12,081 | |
186316064.SRDLC, 23.99%, 03/02/2027 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 8,471 | | | | 8,471 | | | | 8,415 | |
186323534.SRDLC, 5.99%, 02/18/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 5,920 | | | | 5,920 | | | | 5,824 | |
186329289.SRDLC, 7.09%, 02/17/2025 (a)(p)(s) | | Lending Club | | | 2/22/2022 | | | | 2,436 | | | | 2,436 | | | | 160 | |
186330289.SRDLC, 30.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 11,306 | | | | 11,412 | | | | 11,762 | |
186330393.SRDLC, 9.34%, 02/05/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 6,044 | | | | 6,044 | | | | 5,923 | |
186330563.SRDLC, 9.84%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 18,776 | | | | 18,776 | | | | 17,839 | |
186333355.SRDLC, 12.99%, 02/22/2027 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 7,253 | | | | 7,253 | | | | 786 | |
186335388.SRDLC, 22.99%, 02/23/2025 (a)(s) | | Lending Club | | | 2/25/2022 | | | | 1,760 | | | | 1,760 | | | | 1,721 | |
186338039.SRDLC, 9.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 4,490 | | | | 4,490 | | | | 4,356 | |
186338182.SRDLC, 26.49%, 02/24/2025 (a)(p)(s) | | Lending Club | | | 2/28/2022 | | | | 6,955 | | | | 6,955 | | | | 753 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
36
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186340276.SRDLC, 16.99%, 03/09/2027 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | $ | 7,242 | | | $ | 7,242 | | | $ | 784 | |
186341316.SRDLC, 9.74%, 02/17/2027 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 12,506 | | | | 12,506 | | | | 12,082 | |
186342803.SRDLC, 18.44%, 02/18/2025 (a)(p)(s) | | Lending Club | | | 2/23/2022 | | | | 5,147 | | | | 5,147 | | | | 557 | |
186344749.SRDLC, 23.99%, 02/24/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 1,266 | | | | 1,266 | | | | 1,246 | |
186345496.SRDLC, 18.19%, 02/22/2027 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 23,579 | | | | 23,579 | | | | 22,622 | |
186350286.SRDLC, 7.49%, 02/18/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 2,255 | | | | 2,255 | | | | 2,218 | |
186352548.SRDLC, 8.49%, 07/18/2025 (a)(p)(s) | | Lending Club | | | 2/23/2022 | | | | 8,946 | | | | 8,946 | | | | 8,720 | |
186353252.SRDLC, 18.99%, 02/24/2025 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 1,711 | | | | 1,711 | | | | 1,691 | |
186355122.SRDLC, 23.99%, 02/17/2027 (a)(s) | | Lending Club | | | 2/22/2022 | | | | 7,047 | | | | 7,047 | | | | 7,102 | |
186356513.SRDLC, 14.19%, 02/18/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 1,559 | | | | 1,559 | | | | 1,540 | |
186356520.SRDLC, 20.49%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 21,054 | | | | 21,054 | | | | 20,168 | |
186359587.SRDLC, 19.94%, 02/17/2027 (a)(p)(s) | | Lending Club | | | 2/22/2022 | | | | 12,116 | | | | 12,116 | | | | 2,691 | |
186360338.SRDLC, 30.99%, 08/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 4,884 | | | | 4,939 | | | | 5,015 | |
186365788.SRDLC, 23.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 21,896 | | | | 21,896 | | | | 21,766 | |
186365957.SRDLC, 30.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 10,170 | | | | 10,243 | | | | 10,475 | |
186366292.SRDLC, 11.99%, 02/07/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 661 | | | | 661 | | | | 646 | |
186366745.SRDLC, 22.49%, 02/17/2025 (a)(p)(s) | | Lending Club | | | 2/22/2022 | | | | 5,160 | | | | 5,160 | | | | 559 | |
186367313.SRDLC, 6.59%, 02/20/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 24,282 | | | | 24,282 | | | | 23,530 | |
186367879.SRDLC, 8.99%, 02/18/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 24,835 | | | | 24,835 | | | | 23,992 | |
186368614.SRDLC, 23.99%, 02/28/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 13,659 | | | | 13,659 | | | | 13,749 | |
186374382.SRDLC, 5.99%, 02/18/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 7,400 | | | | 7,400 | | | | 7,280 | |
186376281.SRDLC, 7.09%, 02/18/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 15,829 | | | | 15,829 | | | | 15,311 | |
186378594.SRDLC, 10.54%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 2,790 | | | | 2,790 | | | | 2,744 | |
186381065.SRDLC, 13.99%, 02/22/2027 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 22,143 | | | | 22,143 | | | | 2,398 | |
186384422.SRDLC, 10.89%, 02/18/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 1,555 | | | | 1,555 | | | | 1,527 | |
186388373.SRDLC, 6.49%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 2,975 | | | | 2,975 | | | | 2,927 | |
186388985.SRDLC, 4.99%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 17,911 | | | | 17,911 | | | | 17,372 | |
186389884.SRDLC, 15.99%, 02/18/2025 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 9,812 | | | | 9,812 | | | | 9,670 | |
186390394.SRDLC, 23.99%, 02/18/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 10,571 | | | | 10,571 | | | | 10,658 | |
186401408.SRDLC, 22.99%, 02/26/2025 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 1,766 | | | | 1,766 | | | | 1,722 | |
186404263.SRDLC, 20.99%, 03/02/2027 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 7,035 | | | | 7,035 | | | | 6,747 | |
186406480.SRDLC, 14.19%, 02/22/2027 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 19,290 | | | | 19,290 | | | | 2,089 | |
186407529.SRDLC, 23.49%, 02/18/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 8,425 | | | | 8,425 | | | | 8,495 | |
186409868.SRDLC, 13.24%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 11,879 | | | | 11,879 | | | | 11,292 | |
186410723.SRDLC, 13.24%, 02/18/2025 (a)(p)(s) | | Lending Club | | | 2/23/2022 | | | | 6,359 | | | | 6,359 | | | | 689 | |
186411740.SRDLC, 5.09%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 2,815 | | | | 2,815 | | | | 2,769 | |
186412503.SRDLC, 7.59%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 2,930 | | | | 2,930 | | | | 2,866 | |
186414924.SRDLC, 7.59%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 16,540 | | | | 16,540 | | | | 16,002 | |
186415311.SRDLC, 5.49%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 4,417 | | | | 4,417 | | | | 4,345 | |
186420008.SRDLC, 12.99%, 02/24/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 1,271 | | | | 1,271 | | | | 1,239 | |
186422320.SRDLC, 21.49%, 02/24/2027 (a)(s) | | Lending Club | | | 2/23/2022 | | | | 10,441 | | | | 10,441 | | | | 10,287 | |
186422693.SRDLC, 14.19%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 14,974 | | | | 14,974 | | | | 14,627 | |
186423051.SRDLC, 5.99%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 7,400 | | | | 7,400 | | | | 7,280 | |
186423124.SRDLC, 25.49%, 02/24/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 7,143 | | | | 7,143 | | | | 7,096 | |
186424467.SRDLC, 17.49%, 03/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 2,899 | | | | 2,912 | | | | 2,849 | |
186425657.SRDLC, 8.79%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 3,351 | | | | 3,351 | | | | 3,292 | |
186430295.SRDLC, 19.94%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 7,514 | | | | 7,514 | | | | 7,285 | |
186430834.SRDLC, 15.24%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 18,922 | | | | 18,922 | | | | 18,183 | |
186431339.SRDLC, 11.52%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 19,669 | | | | 19,669 | | | | 19,371 | |
186431907.SRDLC, 7.49%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 4,810 | | | | 4,810 | | | | 4,732 | |
186432025.SRDLC, 30.49%, 03/16/2027 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 5,369 | | | | 5,369 | | | | 5,571 | |
186433520.SRDLC, 14.94%, 02/22/2027 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 4,402 | | | | 4,402 | | | | 477 | |
186435948.SRDLC, 13.49%, 02/28/2027 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 26,045 | | | | 26,045 | | | | 24,554 | |
186439607.SRDLC, 24.99%, 03/22/2025 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 1,904 | | | | 1,929 | | | | 206 | |
186441268.SRDLC, 20.49%, 04/28/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 1,324 | | | | 1,326 | | | | 1,319 | |
186443751.SRDLC, 27.99%, 07/17/2024 (a)(p)(s) | | Lending Club | | | 3/21/2022 | | | | 11,300 | | | | 11,447 | | | | 1,224 | |
186444854.SRDLC, 18.49%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 5,739 | | | | 5,739 | | | | 5,565 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
37
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186445485.SRDLC, 30.99%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | $ | 4,521 | | | $ | 4,565 | | | $ | 4,742 | |
186445568.SRDLC, 17.49%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 26,785 | | | | 26,785 | | | | 25,748 | |
186448116.SRDLC, 17.99%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 8,069 | | | | 8,069 | | | | 7,874 | |
186449199.SRDLC, 23.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 14,668 | | | | 14,668 | | | | 14,518 | |
186450032.SRDLC, 5.09%, 02/28/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 5,560 | | | | 5,560 | | | | 5,473 | |
186450406.SRDLC, 18.19%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 20,007 | | | | 20,007 | | | | 19,227 | |
186451093.SRDLC, 5.59%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 7,808 | | | | 7,808 | | | | 7,574 | |
186455794.SRDLC, 14.19%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 19,532 | | | | 19,532 | | | | 19,079 | |
186457043.SRDLC, 9.49%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 2,994 | | | | 2,994 | | | | 2,893 | |
186460226.SRDLC, 7.49%, 03/17/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 5,964 | | | | 5,964 | | | | 5,856 | |
186462208.SRDLC, 22.99%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 3,492 | | | | 3,492 | | | | 3,423 | |
186465186.SRDLC, 7.59%, 02/23/2025 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 13,336 | | | | 13,336 | | | | 1,444 | |
186465325.SRDLC, 30.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,027 | | | | 2,037 | | | | 2,012 | |
186470642.SRDLC, 15.69%, 02/24/2025 (a)(p)(s) | | Lending Club | | | 2/28/2022 | | | | 3,925 | | | | 3,925 | | | | 3,864 | |
186475599.SRDLC, 7.74%, 02/22/2025 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 10,586 | | | | 10,586 | | | | 1,146 | |
186481362.SRDLC, 14.94%, 02/22/2027 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 7,857 | | | | 7,857 | | | | 7,669 | |
186482761.SRDLC, 20.99%, 03/01/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 3,231 | | | | 3,231 | | | | 3,154 | |
186484216.SRDLC, 9.63%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 20,345 | | | | 20,345 | | | | 20,029 | |
186499265.SRDLC, 10.59%, 02/11/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 4,217 | | | | 4,217 | | | | 4,109 | |
186499500.SRDLC, 7.09%, 03/16/2027 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 19,434 | | | | 19,434 | | | | 18,700 | |
186499981.SRDLC, 7.09%, 02/22/2025 (a)(p)(s) | | Lending Club | | | 2/24/2022 | | | | 18,830 | | | | 18,830 | | | | 2,039 | |
186500365.SRDLC, 21.79%, 02/26/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 2,080 | | | | 2,080 | | | | 2,028 | |
186500893.SRDLC, 19.99%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 15,082 | | | | 15,217 | | | | 15,093 | |
186507209.SRDLC, 9.74%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 25,012 | | | | 25,012 | | | | 24,169 | |
186509911.SRDLC, 16.49%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 1,975 | | | | 1,975 | | | | 1,936 | |
186512499.SRDLC, 26.49%, 03/23/2025 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 8,121 | | | | 8,121 | | | | 7,988 | |
186512978.SRDLC, 8.24%, 02/23/2025 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 5,416 | | | | 5,416 | | | | 1,495 | |
186516008.SRDLC, 12.34%, 02/23/2025 (a)(s) | | Lending Club | | | 2/25/2022 | | | | 1,546 | | | | 1,546 | | | | 1,508 | |
186517183.SRDLC, 30.99%, 03/17/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 5,804 | | | | 5,865 | | | | 6,003 | |
186519049.SRDLC, 14.49%, 02/07/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 4,713 | | | | 4,713 | | | | 4,636 | |
186522630.SRDLC, 12.49%, 02/23/2025 (a)(s) | | Lending Club | | | 2/25/2022 | | | | 8,219 | | | | 8,219 | | | | 8,012 | |
186525066.SRDLC, 6.49%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 13,056 | | | | 13,056 | | | | 12,826 | |
186525669.SRDLC, 6.49%, 03/12/2025 (a)(p)(s) | | Lending Club | | | 3/2/2022 | | | | 4,148 | | | | 4,148 | | | | 682 | |
186526396.SRDLC, 28.99%, 02/24/2027 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 2,190 | | | | 2,190 | | | | 2,190 | |
186527225.SRDLC, 18.49%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 13,503 | | | | 13,503 | | | | 13,094 | |
186527801.SRDLC, 8.24%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 3,635 | | | | 3,635 | | | | 3,577 | |
186531370.SRDLC, 8.79%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 1,827 | | | | 1,827 | | | | 1,795 | |
186534674.SRDLC, 5.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 1,924 | | | | 1,924 | | | | 1,892 | |
186535728.SRDLC, 9.63%, 02/23/2027 (a)(s) | | Lending Club | | | 2/25/2022 | | | | 17,490 | | | | 17,490 | | | | 17,232 | |
186538516.SRDLC, 30.99%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 3,257 | | | | 3,270 | | | | 3,247 | |
186538736.SRDLC, 8.24%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 2,120 | | | | 2,120 | | | | 2,087 | |
186539534.SRDLC, 17.94%, 02/22/2025 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 4,998 | | | | 4,998 | | | | 4,929 | |
186542560.SRDLC, 24.99%, 02/23/2027 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 15,305 | | | | 15,305 | | | | 2,016 | |
186542844.SRDLC, 17.19%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 14,808 | | | | 14,808 | | | | 14,145 | |
186544047.SRDLC, 20.99%, 03/17/2027 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 7,598 | | | | 7,667 | | | | 7,593 | |
186544338.SRDLC, 15.24%, 02/22/2027 (a)(s) | | Lending Club | | | 2/24/2022 | | | | 4,599 | | | | 4,599 | | | | 4,489 | |
186549505.SRDLC, 22.99%, 02/24/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 3,492 | | | | 3,492 | | | | 3,426 | |
186552069.SRDLC, 14.99%, 02/23/2027 (a)(s) | | Lending Club | | | 2/25/2022 | | | | 26,224 | | | | 26,224 | | | | 25,205 | |
186552397.SRDLC, 10.54%, 07/23/2025 (a)(s) | | Lending Club | | | 2/25/2022 | | | | 2,499 | | | | 2,499 | | | | 2,432 | |
186553759.SRDLC, 15.49%, 02/23/2025 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 650 | | | | 650 | | | | 634 | |
186556405.SRDLC, 23.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 9,279 | | | | 9,322 | | | | 9,214 | |
186556881.SRDLC, 21.99%, 03/03/2025 (a)(s) | | Lending Club | | | 2/25/2022 | | | | 2,824 | | | | 2,824 | | | | 2,742 | |
186560731.SRDLC, 13.49%, 02/24/2027 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 15,529 | | | | 15,529 | | | | 14,767 | |
186561715.SRDLC, 22.99%, 06/23/2025 (a)(p)(s) | | Lending Club | | | 2/25/2022 | | | | 3,463 | | | | 3,463 | | | | 375 | |
186563944.SRDLC, 7.09%, 02/23/2025 (a)(s) | | Lending Club | | | 2/25/2022 | | | | 3,745 | | | | 3,745 | | | | 3,675 | |
186571697.SRDLC, 18.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 3,249 | | | | 3,249 | | | | 3,168 | |
186572822.SRDLC, 9.49%, 03/13/2027 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 6,433 | | | | 6,433 | | | | 6,188 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
38
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186573934.SRDLC, 17.69%, 02/23/2027 (a)(s) | | Lending Club | | | 2/25/2022 | | | $ | 5,366 | | | $ | 5,366 | | | $ | 5,238 | |
186576309.SRDLC, 17.99%, 02/25/2027 (a)(p)(s) | | Lending Club | | | 3/1/2022 | | | | 7,651 | | | | 7,651 | | | | 7,325 | |
186576419.SRDLC, 30.99%, 03/29/2025 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 2,036 | | | | 2,044 | | | | 2,034 | |
186604983.SRDLC, 8.49%, 07/09/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 8,653 | | | | 8,653 | | | | 8,379 | |
186606955.SRDLC, 10.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 5,116 | | | | 5,116 | | | | 4,964 | |
186609833.SRDLC, 16.49%, 02/24/2027 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 14,343 | | | | 14,343 | | | | 14,011 | |
186611261.SRDLC, 23.49%, 02/24/2027 (a)(p)(s) | | Lending Club | | | 2/28/2022 | | | | 6,752 | | | | 6,752 | | | | 731 | |
186611625.SRDLC, 5.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 1,332 | | | | 1,332 | | | | 1,310 | |
186615940.SRDLC, 15.00%, 06/24/2025 (a)(p)(s) | | Lending Club | | | 2/28/2022 | | | | 3,678 | | | | 3,678 | | | | 3,494 | |
186616543.SRDLC, 25.49%, 02/24/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 1,164 | | | | 1,164 | | | | 1,154 | |
186617758.SRDLC, 5.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 8,879 | | | | 8,879 | | | | 8,735 | |
186618032.SRDLC, 10.59%, 02/25/2027 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 25,211 | | | | 25,211 | | | | 23,968 | |
186618575.SRDLC, 18.99%, 02/18/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 4,163 | | | | 4,163 | | | | 4,069 | |
186618990.SRDLC, 12.49%, 02/24/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 569 | | | | 569 | | | | 559 | |
186620390.SRDLC, 21.99%, 02/28/2025 (a)(p)(s) | | Lending Club | | | 2/28/2022 | | | | 9,014 | | | | 9,014 | | | | 976 | |
186623473.SRDLC, 10.99%, 02/15/2025 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 1,845 | | | | 1,845 | | | | 1,799 | |
186627742.SRDLC, 9.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 18,800 | | | | 18,800 | | | | 18,172 | |
186630251.SRDLC, 18.99%, 08/07/2025 (a)(p)(s) | | Lending Club | | | 2/28/2022 | | | | 10,080 | | | | 10,080 | | | | 7,562 | |
186632305.SRDLC, 18.99%, 02/24/2025 (a)(s) | | Lending Club | | | 2/28/2022 | | | | 4,846 | | | | 4,846 | | | | 4,733 | |
186635190.SRDLC, 6.59%, 02/25/2025 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 2,680 | | | | 2,680 | | | | 2,628 | |
186636012.SRDLC, 22.99%, 02/25/2025 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 1,047 | | | | 1,047 | | | | 1,028 | |
186638846.SRDLC, 14.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 7,867 | | | | 7,867 | | | | 7,568 | |
186639728.SRDLC, 8.79%, 02/25/2025 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 4,265 | | | | 4,265 | | | | 4,193 | |
186640995.SRDLC, 15.94%, 02/25/2027 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 7,931 | | | | 7,931 | | | | 7,751 | |
186643887.SRDLC, 8.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 4,656 | | | | 4,656 | | | | 4,500 | |
186644292.SRDLC, 8.99%, 02/25/2025 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 6,246 | | | | 6,246 | | | | 6,129 | |
186647083.SRDLC, 21.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 14,404 | | | | 14,404 | | | | 14,200 | |
186647860.SRDLC, 17.94%, 03/08/2025 (a)(p)(s) | | Lending Club | | | 3/1/2022 | | | | 3,817 | | | | 3,817 | | | | 413 | |
186648726.SRDLC, 6.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 2,990 | | | | 2,990 | | | | 2,942 | |
186649759.SRDLC, 7.49%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 7,815 | | | | 7,815 | | | | 7,689 | |
186651540.SRDLC, 8.99%, 02/01/2025 (a)(p)(s) | | Lending Club | | | 3/2/2022 | | | | 8,047 | | | | 8,047 | | | | 7,848 | |
186652442.SRDLC, 22.99%, 02/25/2027 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 8,396 | | | | 8,396 | | | | 8,457 | |
186655839.SRDLC, 4.99%, 02/28/2025 (a)(p)(s) | | Lending Club | | | 3/2/2022 | | | | 8,505 | | | | 8,505 | | | | 8,350 | |
186656549.SRDLC, 27.99%, 10/25/2027 (a)(p)(s) | | Lending Club | | | 3/1/2022 | | | | 20,542 | | | | 20,542 | | | | 2,225 | |
186657762.SRDLC, 8.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 24,214 | | | | 24,214 | | | | 23,401 | |
186659296.SRDLC, 12.34%, 03/19/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 13,960 | | | | 13,960 | | | | 13,557 | |
186663166.SRDLC, 19.94%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 3,395 | | | | 3,395 | | | | 3,373 | |
186663937.SRDLC, 30.49%, 06/26/2025 (a)(p)(s) | | Lending Club | | | 3/1/2022 | | | | 7,913 | | | | 7,913 | | | | 857 | |
186664039.SRDLC, 30.99%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 1,243 | | | | 1,260 | | | | 135 | |
186668155.SRDLC, 25.99%, 02/25/2025 (a)(s) | | Lending Club | | | 3/1/2022 | | | | 1,004 | | | | 1,004 | | | | 998 | |
186669127.SRDLC, 11.52%, 03/02/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 26,158 | | | | 26,158 | | | | 25,454 | |
186669465.SRDLC, 11.19%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 2,252 | | | | 2,252 | | | | 2,219 | |
186671873.SRDLC, 16.24%, 03/19/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,347 | | | | 2,357 | | | | 2,307 | |
186673896.SRDLC, 17.49%, 02/16/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 6,294 | | | | 6,294 | | | | 6,141 | |
186675548.SRDLC, 14.49%, 02/28/2025 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 3,169 | | | | 3,169 | | | | 3,061 | |
186678676.SRDLC, 22.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 1,965 | | | | 1,965 | | | | 1,931 | |
186681238.SRDLC, 30.99%, 03/20/2027 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 8,729 | | | | 8,842 | | | | 945 | |
186682233.SRDLC, 10.00%, 09/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 17,686 | | | | 17,686 | | | | 13,446 | |
186682717.SRDLC, 30.49%, 03/09/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 6,594 | | | | 6,656 | | | | 6,815 | |
186685210.SRDLC, 10.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 9,489 | | | | 9,489 | | | | 9,173 | |
186686440.SRDLC, 10.99%, 02/28/2025 (a)(p)(s) | | Lending Club | | | 3/2/2022 | | | | 4,245 | | | | 4,245 | | | | 4,125 | |
186693132.SRDLC, 7.79%, 02/28/2025 (a)(p)(s) | | Lending Club | | | 3/2/2022 | | | | 1,661 | | | | 1,661 | | | | 1,630 | |
186693742.SRDLC, 30.99%, 03/14/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 9,019 | | | | 9,115 | | | | 9,415 | |
186694140.SRDLC, 9.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 149 | | | | 149 | | | | 147 | |
186694143.SRDLC, 5.59%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 7,808 | | | | 7,808 | | | | 7,575 | |
186695293.SRDLC, 10.24%, 03/04/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 6,441 | | | | 6,441 | | | | 6,205 | |
186697126.SRDLC, 6.49%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 744 | | | | 744 | | | | 731 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
39
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186697448.SRDLC, 6.49%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | $ | 12,121 | | | $ | 12,121 | | | $ | 11,761 | |
186697817.SRDLC, 8.44%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 6,970 | | | | 6,970 | | | | 6,722 | |
186699230.SRDLC, 27.49%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 18,073 | | | | 18,073 | | | | 17,973 | |
186701229.SRDLC, 5.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 3,552 | | | | 3,552 | | | | 3,494 | |
186701588.SRDLC, 7.49%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 962 | | | | 962 | | | | 946 | |
186703239.SRDLC, 9.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 25,070 | | | | 25,070 | | | | 24,232 | |
186703553.SRDLC, 7.24%, 02/28/2025 (a)(p)(s) | | Lending Club | | | 3/2/2022 | | | | 1,809 | | | | 1,809 | | | | 1,776 | |
186704869.SRDLC, 27.99%, 02/28/2025 (a)(s) | | Lending Club | | | 3/2/2022 | | | | 2,018 | | | | 2,018 | | | | 1,991 | |
186706496.SRDLC, 4.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 6,431 | | | | 6,431 | | | | 6,317 | |
186712916.SRDLC, 17.44%, 02/28/2027 (a)(p)(s) | | Lending Club | | | 3/2/2022 | | | | 10,943 | | | | 10,943 | | | | 10,663 | |
186715502.SRDLC, 8.74%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 3/4/2022 | | | | 9,538 | | | | 9,538 | | | | 7,521 | |
186716052.SRDLC, 14.49%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 7,350 | | | | 7,350 | | | | 7,148 | |
186718466.SRDLC, 27.49%, 04/05/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 15,004 | | | | 15,157 | | | | 15,263 | |
186720629.SRDLC, 30.99%, 11/22/2025 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 9,331 | | | | 9,452 | | | | 1,011 | |
186724366.SRDLC, 27.99%, 03/20/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,013 | | | | 1,018 | | | | 1,010 | |
186728098.SRDLC, 11.19%, 03/04/2027 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 8,066 | | | | 8,066 | | | | 4,232 | |
186731533.SRDLC, 17.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,632 | | | | 1,639 | | | | 1,601 | |
186732927.SRDLC, 4.99%, 03/02/2027 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 24,534 | | | | 24,534 | | | | 23,740 | |
186735419.SRDLC, 8.59%, 03/13/2025 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 3,342 | | | | 3,342 | | | | 3,277 | |
186747376.SRDLC, 7.59%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,629 | | | | 3,629 | | | | 3,546 | |
186748363.SRDLC, 5.59%, 03/02/2025 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 4,529 | | | | 4,529 | | | | 4,422 | |
186752739.SRDLC, 12.69%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 7,239 | | | | 7,239 | | | | 7,077 | |
186754103.SRDLC, 30.99%, 03/03/2027 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 4,014 | | | | 4,066 | | | | 435 | |
186758530.SRDLC, 20.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 11,417 | | | | 11,417 | | | | 10,952 | |
186759602.SRDLC, 30.99%, 03/04/2027 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 19,385 | | | | 19,637 | | | | 2,099 | |
186759667.SRDLC, 8.99%, 03/16/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 14,688 | | | | 14,688 | | | | 14,144 | |
186761684.SRDLC, 24.49%, 03/10/2026 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 9,381 | | | | 9,503 | | | | 1,753 | |
186765099.SRDLC, 23.99%, 03/03/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 7,295 | | | | 7,295 | | | | 7,069 | |
186766384.SRDLC, 17.19%, 03/02/2027 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 4,782 | | | | 4,782 | | | | 4,563 | |
186767172.SRDLC, 25.99%, 03/08/2025 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 837 | | | | 848 | | | | 91 | |
186767656.SRDLC, 6.59%, 03/02/2025 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 2,941 | | | | 2,941 | | | | 2,872 | |
186771871.SRDLC, 6.49%, 03/02/2025 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 3,264 | | | | 3,264 | | | | 3,206 | |
186771996.SRDLC, 14.49%, 03/03/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 4,014 | | | | 4,014 | | | | 3,919 | |
186772214.SRDLC, 8.24%, 03/02/2025 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 5,811 | | | | 5,811 | | | | 5,675 | |
186773721.SRDLC, 18.99%, 03/22/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 5,498 | | | | 5,523 | | | | 5,443 | |
186776246.SRDLC, 30.99%, 03/24/2025 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 4,072 | | | | 4,093 | | | | 4,084 | |
186776862.SRDLC, 12.74%, 03/02/2025 (a)(p)(s) | | Lending Club | | | 3/4/2022 | | | | 10,803 | | | | 10,803 | | | | 1,170 | |
186779898.SRDLC, 9.09%, 03/03/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 2,344 | | | | 2,344 | | | | 2,300 | |
186780275.SRDLC, 19.99%, 09/20/2025 (a)(p)(s) | | Lending Club | | | 4/7/2022 | | | | 7,232 | | | | 7,326 | | | | 783 | |
186784007.SRDLC, 28.99%, 03/09/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 10,127 | | | | 10,127 | | | | 1,822 | |
186784052.SRDLC, 30.99%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 6,109 | | | | 6,137 | | | | 6,058 | |
186784874.SRDLC, 12.54%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,878 | | | | 1,887 | | | | 1,832 | |
186787477.SRDLC, 5.99%, 03/10/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 1,630 | | | | 1,630 | | | | 1,601 | |
186787670.SRDLC, 30.99%, 03/22/2027 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 9,095 | | | | 9,214 | | | | 985 | |
186788217.SRDLC, 15.99%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 12,265 | | | | 12,265 | | | | 11,860 | |
186791798.SRDLC, 23.99%, 03/16/2027 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 18,352 | | | | 18,352 | | | | 18,144 | |
186792901.SRDLC, 14.99%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 5,368 | | | | 5,368 | | | | 5,124 | |
186793247.SRDLC, 17.49%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 1,015 | | | | 1,019 | | | | 999 | |
186797391.SRDLC, 30.99%, 03/04/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 7,384 | | | | 7,455 | | | | 7,656 | |
186799571.SRDLC, 5.00%, 03/15/2028 (a)(s) | | Lending Club | | | 3/4/2022 | | | | 8,663 | | | | 8,663 | | | | 7,252 | |
186799618.SRDLC, 28.99%, 03/16/2025 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 801 | | | | 805 | | | | 799 | |
186801721.SRDLC, 10.49%, 03/03/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 3,394 | | | | 3,394 | | | | 3,293 | |
186803441.SRDLC, 10.99%, 03/17/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 25,973 | | | | 25,973 | | | | 25,017 | |
186804749.SRDLC, 16.19%, 03/03/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 1,146 | | | | 1,146 | | | | 1,114 | |
186805386.SRDLC, 6.74%, 03/03/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 4,908 | | | | 4,908 | | | | 4,822 | |
186805633.SRDLC, 18.49%, 03/16/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 1,835 | | | | 1,844 | | | | 1,805 | |
186809107.SRDLC, 28.99%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 1,562 | | | | 1,569 | | | | 1,551 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
40
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186810869.SRDLC, 24.99%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | $ | 8,928 | | | $ | 8,928 | | | $ | 967 | |
186813004.SRDLC, 17.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 2,776 | | | | 2,809 | | | | 2,731 | |
186813237.SRDLC, 6.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 8,232 | | | | 8,232 | | | | 8,083 | |
186816361.SRDLC, 12.99%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 2,467 | | | | 2,467 | | | | 267 | |
186816681.SRDLC, 12.99%, 03/03/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 5,218 | | | | 5,218 | | | | 5,059 | |
186819598.SRDLC, 18.49%, 03/18/2025 (a)(s) | | Lending Club | | | 3/22/2022 | | | | 2,011 | | | | 2,020 | | | | 1,984 | |
186820218.SRDLC, 13.19%, 03/27/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 15,460 | | | | 15,460 | | | | 15,121 | |
186820799.SRDLC, 26.49%, 03/14/2026 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 2,426 | | | | 2,446 | | | | 2,485 | |
186823822.SRDLC, 7.74%, 03/16/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 2,994 | | | | 2,994 | | | | 2,937 | |
186824468.SRDLC, 9.49%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 11,516 | | | | 11,516 | | | | 11,100 | |
186825061.SRDLC, 9.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 21,747 | | | | 21,747 | | | | 20,941 | |
186826265.SRDLC, 28.49%, 03/03/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 907 | | | | 912 | | | | 898 | |
186826333.SRDLC, 25.99%, 03/20/2027 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 4,005 | | | | 4,057 | | | | 434 | |
186832201.SRDLC, 16.39%, 03/03/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 6,653 | | | | 6,653 | | | | 6,494 | |
186832447.SRDLC, 5.59%, 03/03/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 1,893 | | | | 1,893 | | | | 205 | |
186833531.SRDLC, 30.99%, 04/20/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 5,397 | | | | 5,426 | | | | 5,338 | |
186833830.SRDLC, 28.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 1,665 | | | | 1,673 | | | | 1,653 | |
186834062.SRDLC, 5.59%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 18,507 | | | | 18,507 | | | | 17,912 | |
186834383.SRDLC, 6.59%, 03/04/2025 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 11,796 | | | | 11,796 | | | | 11,538 | |
186835181.SRDLC, 6.59%, 03/17/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 3,246 | | | | 3,246 | | | | 3,169 | |
186835752.SRDLC, 9.69%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 10,104 | | | | 10,104 | | | | 9,918 | |
186836967.SRDLC, 12.69%, 03/07/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 4,993 | | | | 4,993 | | | | 541 | |
186837086.SRDLC, 14.49%, 03/10/2027 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 12,972 | | | | 12,972 | | | | 1,405 | |
186837726.SRDLC, 7.59%, 03/15/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 2,588 | | | | 2,588 | | | | 2,534 | |
186838206.SRDLC, 6.59%, 03/12/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 6,225 | | | | 6,225 | | | | 6,076 | |
186838258.SRDLC, 14.24%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 3,835 | | | | 3,885 | | | | 415 | |
186838683.SRDLC, 11.24%, 03/20/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 7,054 | | | | 7,054 | | | | 764 | |
186839002.SRDLC, 24.49%, 03/03/2027 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 4,240 | | | | 4,295 | | | | 459 | |
186841662.SRDLC, 25.99%, 03/20/2027 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 24,111 | | | | 24,425 | | | | 4,656 | |
186842035.SRDLC, 17.19%, 03/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 723 | | | | 723 | | | | 707 | |
186842406.SRDLC, 9.59%, 03/15/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 1,683 | | | | 1,683 | | | | 1,634 | |
186842521.SRDLC, 16.19%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 2,304 | | | | 2,304 | | | | 250 | |
186843869.SRDLC, 25.74%, 03/31/2025 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 2,361 | | | | 2,386 | | | | 2,348 | |
186844674.SRDLC, 17.19%, 03/04/2025 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 866 | | | | 866 | | | | 167 | |
186845838.SRDLC, 17.19%, 03/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 1,808 | | | | 1,808 | | | | 1,765 | |
186845846.SRDLC, 11.69%, 03/10/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,094 | | | | 3,094 | | | | 3,020 | |
186847923.SRDLC, 30.99%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 3,257 | | | | 3,274 | | | | 3,247 | |
186849373.SRDLC, 12.49%, 03/03/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 279 | | | | 279 | | | | 273 | |
186850090.SRDLC, 30.99%, 03/03/2027 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 8,796 | | | | 8,911 | | | | 666 | |
186851436.SRDLC, 20.49%, 03/03/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 2,383 | | | | 2,393 | | | | 2,342 | |
186852060.SRDLC, 25.49%, 03/22/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,822 | | | | 1,831 | | | | 1,814 | |
186853537.SRDLC, 30.99%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 15,070 | | | | 15,212 | | | | 15,613 | |
186855159.SRDLC, 23.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 18,097 | | | | 18,097 | | | | 18,078 | |
186856510.SRDLC, 30.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 2,171 | | | | 2,181 | | | | 2,169 | |
186857181.SRDLC, 30.99%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 9,394 | | | | 9,483 | | | | 9,731 | |
186859192.SRDLC, 25.99%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 4,375 | | | | 4,375 | | | | 4,295 | |
186859612.SRDLC, 23.49%, 03/16/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 16,443 | | | | 16,443 | | | | 16,405 | |
186860203.SRDLC, 6.99%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 13,121 | | | | 13,121 | | | | 12,890 | |
186860250.SRDLC, 30.99%, 03/20/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 10,454 | | | | 10,590 | | | | 1,132 | |
186860547.SRDLC, 9.99%, 03/04/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 19,279 | | | | 19,279 | | | | 18,574 | |
186861655.SRDLC, 20.49%, 03/10/2027 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 3,387 | | | | 3,387 | | | | 367 | |
186862002.SRDLC, 22.49%, 03/04/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 13,451 | | | | 13,451 | | | | 12,912 | |
186862268.SRDLC, 30.99%, 03/03/2027 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 4,749 | | | | 4,811 | | | | 875 | |
186863025.SRDLC, 27.49%, 03/18/2028 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 5,253 | | | | 5,299 | | | | 5,216 | |
186863352.SRDLC, 17.24%, 04/30/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 4,736 | | | | 4,758 | | | | 4,689 | |
186863423.SRDLC, 4.99%, 03/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 6,431 | | | | 6,431 | | | | 6,318 | |
186864141.SRDLC, 24.99%, 03/03/2027 (a)(s) | | Lending Club | | | 3/7/2022 | | | | 14,498 | | | | 14,633 | | | | 14,548 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
41
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186868654.SRDLC, 15.19%, 03/11/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | $ | 16,887 | | | $ | 16,887 | | | $ | 16,410 | |
186869127.SRDLC, 18.99%, 03/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 2,929 | | | | 2,929 | | | | 2,875 | |
186869195.SRDLC, 30.99%, 03/14/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 4,423 | | | | 4,481 | | | | 335 | |
186869536.SRDLC, 8.99%, 03/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 1,505 | | | | 1,505 | | | | 1,470 | |
186870252.SRDLC, 30.99%, 03/03/2027 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 6,842 | | | | 6,931 | | | | 741 | |
186874455.SRDLC, 5.59%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,132 | | | | 1,132 | | | | 1,106 | |
186876529.SRDLC, 21.99%, 08/03/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 7,565 | | | | 7,565 | | | | 819 | |
186878387.SRDLC, 10.49%, 03/04/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 14,847 | | | | 14,847 | | | | 14,305 | |
186878812.SRDLC, 30.24%, 03/12/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 8,649 | | | | 8,733 | | | | 8,988 | |
186880643.SRDLC, 6.49%, 07/15/2025 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 3,237 | | | | 3,237 | | | | 3,158 | |
186880718.SRDLC, 30.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 9,157 | | | | 9,245 | | | | 9,514 | |
186881471.SRDLC, 8.24%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,321 | | | | 3,321 | | | | 3,244 | |
186882814.SRDLC, 9.74%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 7,694 | | | | 7,694 | | | | 7,416 | |
186883253.SRDLC, 30.99%, 03/03/2027 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 4,207 | | | | 4,261 | | | | 456 | |
186883462.SRDLC, 20.49%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 10,008 | | | | 10,138 | | | | 1,084 | |
186883666.SRDLC, 21.79%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,766 | | | | 3,766 | | | | 3,644 | |
186883905.SRDLC, 5.59%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,235 | | | | 3,235 | | | | 3,160 | |
186884409.SRDLC, 30.99%, 03/18/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 1,975 | | | | 2,001 | | | | 214 | |
186885615.SRDLC, 9.59%, 04/02/2025 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 2,959 | | | | 2,959 | | | | 2,895 | |
186885801.SRDLC, 25.49%, 03/15/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 1,995 | | | | 2,004 | | | | 1,979 | |
186886262.SRDLC, 28.99%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/7/2022 | | | | 1,076 | | | | 1,090 | | | | 1,071 | |
186887274.SRDLC, 13.99%, 03/20/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 4,878 | | | | 4,878 | | | | 528 | |
186887684.SRDLC, 23.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 7,050 | | | | 7,050 | | | | 7,049 | |
186887752.SRDLC, 9.99%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 2,195 | | | | 2,195 | | | | 2,155 | |
186887816.SRDLC, 5.00%, 03/10/2026 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 1,419 | | | | 1,419 | | | | 1,405 | |
186887863.SRDLC, 19.44%, 03/09/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 3,809 | | | | 3,809 | | | | 413 | |
186888572.SRDLC, 14.44%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 1,762 | | | | 1,762 | | | | 1,726 | |
186890838.SRDLC, 9.49%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,606 | | | | 4,606 | | | | 4,438 | |
186890975.SRDLC, 18.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 16,629 | | | | 16,629 | | | | 15,990 | |
186892953.SRDLC, 9.69%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 14,100 | | | | 14,100 | | | | 13,585 | |
186893891.SRDLC, 5.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 12,991 | | | | 12,991 | | | | 12,762 | |
186894617.SRDLC, 9.34%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 12,459 | | | | 12,459 | | | | 12,003 | |
186894895.SRDLC, 13.19%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 9,751 | | | | 9,751 | | | | 9,525 | |
186894964.SRDLC, 19.99%, 03/19/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 10,659 | | | | 10,755 | | | | 10,590 | |
186894997.SRDLC, 30.99%, 03/09/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 1,128 | | | | 1,143 | | | | 341 | |
186897446.SRDLC, 21.49%, 03/12/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 14,123 | | | | 14,123 | | | | 13,595 | |
186898217.SRDLC, 26.24%, 03/11/2025 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 337 | | | | 341 | | | | 36 | |
186898646.SRDLC, 30.99%, 02/04/2028 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 6,346 | | | | 6,429 | | | | 687 | |
186899161.SRDLC, 20.49%, 03/27/2027 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 4,677 | | | | 4,738 | | | | 507 | |
186899942.SRDLC, 8.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 13,316 | | | | 13,316 | | | | 13,008 | |
186900684.SRDLC, 15.99%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 16,914 | | | | 16,914 | | | | 16,155 | |
186902851.SRDLC, 28.99%, 03/18/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 2,068 | | | | 2,081 | | | | 2,062 | |
186903091.SRDLC, 7.59%, 03/22/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 3,547 | | | | 3,547 | | | | 599 | |
186903373.SRDLC, 17.99%, 03/04/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 2,184 | | | | 2,194 | | | | 2,146 | |
186905651.SRDLC, 6.00%, 03/08/2026 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 7,933 | | | | 7,990 | | | | 7,927 | |
186905982.SRDLC, 6.79%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,290 | | | | 2,290 | | | | 2,237 | |
186906144.SRDLC, 30.49%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 1,427 | | | | 1,446 | | | | 155 | |
186907056.SRDLC, 28.99%, 11/17/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 2,519 | | | | 2,534 | | | | 2,487 | |
186908663.SRDLC, 5.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,248 | | | | 3,248 | | | | 3,190 | |
186909328.SRDLC, 18.99%, 03/19/2025 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 2,271 | | | | 2,271 | | | | 2,199 | |
186909994.SRDLC, 28.99%, 03/22/2025 (a)(p)(s) | | Lending Club | | | 3/8/2022 | | | | 1,897 | | | | 1,906 | | | | 1,897 | |
186910060.SRDLC, 30.99%, 03/04/2027 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 6,331 | | | | 6,391 | | | | 6,542 | |
186910066.SRDLC, 14.04%, 03/13/2026 (a)(s) | | Lending Club | | | 3/8/2022 | | | | 5,531 | | | | 5,569 | | | | 5,384 | |
186913728.SRDLC, 30.49%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 8,110 | | | | 8,150 | | | | 8,065 | |
186914996.SRDLC, 6.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 979 | | | | 979 | | | | 962 | |
186917027.SRDLC, 30.99%, 03/17/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,856 | | | | 3,902 | | | | 4,012 | |
186917181.SRDLC, 20.49%, 03/15/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,910 | | | | 1,910 | | | | 1,881 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
42
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186919095.SRDLC, 13.19%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | $ | 17,184 | | | $ | 17,184 | | | $ | 16,799 | |
186919628.SRDLC, 15.49%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 4,983 | | | | 4,983 | | | | 1,273 | |
186921775.SRDLC, 30.99%, 02/07/2028 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 4,407 | | | | 4,464 | | | | 477 | |
186922130.SRDLC, 16.99%, 03/16/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,660 | | | | 3,676 | | | | 3,599 | |
186922494.SRDLC, 10.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 13,642 | | | | 13,642 | | | | 13,240 | |
186923282.SRDLC, 9.59%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 3,455 | | | | 3,455 | | | | 374 | |
186923646.SRDLC, 20.49%, 03/09/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 2,313 | | | | 2,343 | | | | 442 | |
186927765.SRDLC, 18.99%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 4,424 | | | | 4,424 | | | | 759 | |
186929069.SRDLC, 23.49%, 03/16/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 5,062 | | | | 5,062 | | | | 5,051 | |
186929745.SRDLC, 6.59%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,594 | | | | 3,594 | | | | 3,511 | |
186929796.SRDLC, 12.54%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 831 | | | | 834 | | | | 817 | |
186930176.SRDLC, 30.49%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 7,516 | | | | 7,516 | | | | 7,798 | |
186930238.SRDLC, 17.99%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 6,180 | | | | 6,260 | | | | 669 | |
186930558.SRDLC, 9.84%, 03/15/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,077 | | | | 4,077 | | | | 3,957 | |
186934357.SRDLC, 23.49%, 08/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 2,369 | | | | 2,399 | | | | 2,230 | |
186935363.SRDLC, 30.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/22/2022 | | | | 11,303 | | | | 11,412 | | | | 11,831 | |
186936790.SRDLC, 30.49%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,882 | | | | 4,929 | | | | 5,073 | |
186938222.SRDLC, 18.49%, 08/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,508 | | | | 2,525 | | | | 2,435 | |
186938507.SRDLC, 7.09%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 6,570 | | | | 6,570 | | | | 6,416 | |
186938697.SRDLC, 30.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 6,405 | | | | 6,455 | | | | 6,686 | |
186939170.SRDLC, 15.99%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 1,994 | | | | 2,018 | | | | 1,955 | |
186941874.SRDLC, 15.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,297 | | | | 2,307 | | | | 2,258 | |
186942033.SRDLC, 6.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,285 | | | | 2,285 | | | | 2,244 | |
186943871.SRDLC, 30.99%, 03/04/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 3,192 | | | | 3,233 | | | | 346 | |
186944478.SRDLC, 17.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 362 | | | | 364 | | | | 356 | |
186945043.SRDLC, 30.99%, 03/20/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 5,472 | | | | 5,516 | | | | 5,724 | |
186946625.SRDLC, 22.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,008 | | | | 3,022 | | | | 2,983 | |
186946979.SRDLC, 17.99%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 1,532 | | | | 1,552 | | | | 166 | |
186947728.SRDLC, 20.49%, 12/07/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 8,125 | | | | 8,125 | | | | 1,256 | |
186948086.SRDLC, 9.49%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 3,838 | | | | 3,838 | | | | 3,698 | |
186948516.SRDLC, 15.00%, 03/18/2026 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 1,411 | | | | 1,428 | | | | 1,365 | |
186949502.SRDLC, 19.49%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 3,814 | | | | 3,863 | | | | 413 | |
186952065.SRDLC, 17.99%, 03/13/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,191 | | | | 2,201 | | | | 2,153 | |
186952635.SRDLC, 7.24%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 13,153 | | | | 13,153 | | | | 12,922 | |
186952838.SRDLC, 30.99%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,515 | | | | 4,556 | | | | 4,690 | |
186953189.SRDLC, 18.99%, 03/22/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 9,864 | | | | 9,864 | | | | 9,482 | |
186958321.SRDLC, 30.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 6,009 | | | | 6,066 | | | | 6,273 | |
186958654.SRDLC, 14.49%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 6,348 | | | | 6,348 | | | | 6,063 | |
186959040.SRDLC, 16.99%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,913 | | | | 3,956 | | | | 3,714 | |
186960205.SRDLC, 6.59%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 13,050 | | | | 13,050 | | | | 1,413 | |
186960953.SRDLC, 6.59%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 7,841 | | | | 7,841 | | | | 7,660 | |
186963432.SRDLC, 5.59%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 7,394 | | | | 7,394 | | | | 7,157 | |
186963564.SRDLC, 6.59%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 983 | | | | 983 | | | | 959 | |
186963965.SRDLC, 21.49%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,237 | | | | 4,275 | | | | 4,219 | |
186966365.SRDLC, 30.99%, 03/17/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 3,685 | | | | 3,733 | | | | 399 | |
186966989.SRDLC, 30.99%, 03/21/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 4,744 | | | | 4,806 | | | | 514 | |
186967519.SRDLC, 10.19%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 13,684 | | | | 13,684 | | | | 12,992 | |
186968317.SRDLC, 14.69%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 22,902 | | | | 22,902 | | | | 2,480 | |
186968818.SRDLC, 5.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 7,310 | | | | 7,310 | | | | 7,179 | |
186969031.SRDLC, 25.49%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,941 | | | | 1,949 | | | | 1,938 | |
186969110.SRDLC, 30.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 7,652 | | | | 7,727 | | | | 7,977 | |
186969603.SRDLC, 28.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 600 | | | | 603 | | | | 596 | |
186969754.SRDLC, 21.99%, 03/30/2027 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 10,055 | | | | 10,150 | | | | 9,983 | |
186969770.SRDLC, 27.49%, 01/20/2028 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,918 | | | | 4,978 | | | | 5,045 | |
186969924.SRDLC, 17.19%, 03/09/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 21,450 | | | | 21,450 | | | | 20,498 | |
186971589.SRDLC, 9.29%, 10/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 2,677 | | | | 2,677 | | | | 639 | |
186972144.SRDLC, 22.99%, 03/16/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 2,049 | | | | 2,049 | | | | 222 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
43
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
186973856.SRDLC, 11.19%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | $ | 15,589 | | | $ | 15,589 | | | $ | 15,244 | |
186974858.SRDLC, 12.49%, 03/16/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 12,021 | | | | 12,021 | | | | 1,302 | |
186975112.SRDLC, 5.00%, 03/22/2026 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 4,909 | | | | 4,963 | | | | 4,573 | |
186975750.SRDLC, 30.99%, 03/10/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,338 | | | | 1,340 | | | | 1,327 | |
186975831.SRDLC, 27.49%, 03/16/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 8,901 | | | | 9,017 | | | | 964 | |
186976156.SRDLC, 19.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 914 | | | | 918 | | | | 899 | |
186976477.SRDLC, 21.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,603 | | | | 2,603 | | | | 2,519 | |
186977311.SRDLC, 22.99%, 03/01/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,955 | | | | 5,000 | | | | 5,000 | |
186977592.SRDLC, 27.49%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 4,420 | | | | 4,461 | | | | 4,615 | |
186978206.SRDLC, 15.00%, 11/22/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 19,683 | | | | 19,683 | | | | 15,392 | |
186978254.SRDLC, 8.99%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 25,474 | | | | 25,474 | | | | 24,541 | |
186979291.SRDLC, 26.49%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 3,102 | | | | 3,143 | | | | 336 | |
186980070.SRDLC, 7.09%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,839 | | | | 1,839 | | | | 1,796 | |
186980107.SRDLC, 23.49%, 08/21/2026 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 21,137 | | | | 21,412 | | | | 2,289 | |
186980309.SRDLC, 10.99%, 03/14/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 3,417 | | | | 3,417 | | | | 3,317 | |
186980962.SRDLC, 30.49%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 11,267 | | | | 11,375 | | | | 11,730 | |
186981038.SRDLC, 30.99%, 03/10/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,476 | | | | 4,517 | | | | 4,660 | |
186981641.SRDLC, 23.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,535 | | | | 1,543 | | | | 1,523 | |
186982180.SRDLC, 26.24%, 03/07/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 771 | | | | 781 | | | | 151 | |
186982644.SRDLC, 12.54%, 03/16/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,498 | | | | 2,509 | | | | 2,463 | |
186982976.SRDLC, 17.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 3,276 | | | | 3,291 | | | | 3,231 | |
186983409.SRDLC, 15.49%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 889 | | | | 893 | | | | 875 | |
186983820.SRDLC, 23.99%, 03/17/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 4,247 | | | | 4,267 | | | | 4,207 | |
186984103.SRDLC, 12.69%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 8,621 | | | | 8,621 | | | | 8,428 | |
186984751.SRDLC, 23.99%, 03/12/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 5,525 | | | | 5,551 | | | | 5,483 | |
186985079.SRDLC, 30.99%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 11,303 | | | | 11,411 | | | | 11,767 | |
186985421.SRDLC, 12.49%, 03/16/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 3,487 | | | | 3,487 | | | | 3,406 | |
186985653.SRDLC, 21.49%, 03/16/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 3,806 | | | | 3,806 | | | | 3,740 | |
186986577.SRDLC, 30.99%, 03/20/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 4,168 | | | | 4,200 | | | | 4,161 | |
186987081.SRDLC, 30.99%, 03/20/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 5,523 | | | | 5,595 | | | | 598 | |
186987216.SRDLC, 11.19%, 03/12/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 19,523 | | | | 19,523 | | | | 19,062 | |
186987619.SRDLC, 30.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,019 | | | | 1,024 | | | | 1,009 | |
186988932.SRDLC, 8.99%, 03/07/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 10,190 | | | | 10,190 | | | | 9,816 | |
186991595.SRDLC, 28.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 17,855 | | | | 17,855 | | | | 18,332 | |
186994906.SRDLC, 30.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,051 | | | | 1,057 | | | | 1,046 | |
186994916.SRDLC, 6.59%, 04/28/2027 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 15,118 | | | | 15,118 | | | | 14,678 | |
186994940.SRDLC, 30.99%, 03/07/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 9,504 | | | | 9,628 | | | | 1,791 | |
186995154.SRDLC, 15.99%, 03/16/2025 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 896 | | | | 900 | | | | 879 | |
186995899.SRDLC, 5.00%, 06/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,439 | | | | 1,454 | | | | 1,396 | |
186996001.SRDLC, 10.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 2,373 | | | | 2,373 | | | | 2,346 | |
186996360.SRDLC, 30.99%, 08/20/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 2,246 | | | | 2,257 | | | | 2,218 | |
186997520.SRDLC, 21.49%, 03/16/2025 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 2,635 | | | | 2,636 | | | | 2,595 | |
186998317.SRDLC, 30.49%, 06/30/2027 (a)(p)(s) | | Lending Club | | | 3/9/2022 | | | | 7,781 | | | | 7,878 | | | | 8,175 | |
186999371.SRDLC, 7.59%, 03/16/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 2,654 | | | | 2,654 | | | | 2,591 | |
187000623.SRDLC, 30.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 1,225 | | | | 1,225 | | | | 1,213 | |
187002010.SRDLC, 17.99%, 03/23/2025 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 2,990 | | | | 3,003 | | | | 2,938 | |
187002654.SRDLC, 30.99%, 03/20/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,499 | | | | 1,506 | | | | 1,496 | |
187003355.SRDLC, 30.99%, 03/25/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 11,619 | | | | 11,738 | | | | 12,162 | |
187003763.SRDLC, 21.99%, 03/10/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 1,896 | | | | 1,905 | | | | 1,862 | |
187004337.SRDLC, 14.99%, 03/17/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 16,219 | | | | 16,219 | | | | 15,489 | |
187007026.SRDLC, 16.19%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 3,151 | | | | 3,151 | | | | 3,069 | |
187007115.SRDLC, 30.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,036 | | | | 2,046 | | | | 2,021 | |
187007624.SRDLC, 28.49%, 03/15/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 2,451 | | | | 2,476 | | | | 2,439 | |
187008942.SRDLC, 15.29%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 1,199 | | | | 1,199 | | | | 1,174 | |
187009222.SRDLC, 28.99%, 03/07/2025 (a)(s) | | Lending Club | | | 3/9/2022 | | | | 4,005 | | | | 4,025 | | | | 3,975 | |
187012069.SRDLC, 30.99%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 3,774 | | | | 3,823 | | | | 409 | |
187013586.SRDLC, 5.99%, 03/08/2025 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 5,401 | | | | 5,401 | | | | 585 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
44
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187014518.SRDLC, 9.69%, 03/16/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | $ | 22,513 | | | $ | 22,513 | | | $ | 21,668 | |
187014710.SRDLC, 20.49%, 03/17/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 1,341 | | | | 1,347 | | | | 1,321 | |
187014822.SRDLC, 15.49%, 03/10/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 1,963 | | | | 1,972 | | | | 1,927 | |
187016656.SRDLC, 27.99%, 03/23/2025 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 5,835 | | | | 5,911 | | | | 632 | |
187016803.SRDLC, 7.24%, 03/15/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 13,218 | | | | 13,218 | | | | 12,977 | |
187017386.SRDLC, 30.99%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 1,233 | | | | 1,239 | | | | 1,221 | |
187017395.SRDLC, 28.99%, 04/27/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 11,395 | | | | 11,532 | | | | 11,871 | |
187019293.SRDLC, 15.00%, 08/08/2027 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 13,951 | | | | 13,951 | | | | 13,135 | |
187019567.SRDLC, 9.49%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 17,657 | | | | 17,657 | | | | 17,013 | |
187019977.SRDLC, 26.24%, 03/13/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 994 | | | | 999 | | | | 984 | |
187020605.SRDLC, 13.74%, 03/09/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 1,674 | | | | 1,674 | | | | 1,642 | |
187022209.SRDLC, 30.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 5,435 | | | | 5,435 | | | | 5,630 | |
187023324.SRDLC, 30.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 6,330 | | | | 6,391 | | | | 6,612 | |
187024410.SRDLC, 14.49%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 1,058 | | | | 1,058 | | | | 1,036 | |
187024503.SRDLC, 30.99%, 03/20/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 3,756 | | | | 3,805 | | | | 1,182 | |
187024750.SRDLC, 22.74%, 03/08/2025 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 3,769 | | | | 3,818 | | | | 408 | |
187030695.SRDLC, 6.59%, 03/15/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 1,306 | | | | 1,306 | | | | 1,277 | |
187031324.SRDLC, 27.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 7,391 | | | | 7,461 | | | | 7,685 | |
187031627.SRDLC, 12.99%, 03/20/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 10,495 | | | | 10,495 | | | | 10,193 | |
187033012.SRDLC, 12.74%, 03/16/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 461 | | | | 461 | | | | 449 | |
187033106.SRDLC, 17.99%, 03/08/2025 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 4,148 | | | | 4,202 | | | | 449 | |
187033122.SRDLC, 7.09%, 03/10/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 16,835 | | | | 16,835 | | | | 16,194 | |
187034307.SRDLC, 24.99%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 579 | | | | 580 | | | | 575 | |
187034438.SRDLC, 8.79%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 2,003 | | | | 2,003 | | | | 1,958 | |
187035689.SRDLC, 12.54%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 865 | | | | 869 | | | | 851 | |
187035966.SRDLC, 23.49%, 03/09/2027 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 7,446 | | | | 7,446 | | | | 1,696 | |
187036809.SRDLC, 30.99%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 611 | | | | 614 | | | | 606 | |
187036897.SRDLC, 30.99%, 12/06/2027 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 8,474 | | | | 8,584 | | | | 5,344 | |
187037256.SRDLC, 23.99%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 8,629 | | | | 8,629 | | | | 8,624 | |
187037815.SRDLC, 25.99%, 03/14/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 10,423 | | | | 10,559 | | | | 1,129 | |
187038824.SRDLC, 8.24%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 4,649 | | | | 4,649 | | | | 4,542 | |
187039305.SRDLC, 24.99%, 03/08/2025 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 1,162 | | | | 1,167 | | | | 1,153 | |
187039708.SRDLC, 21.49%, 03/10/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 3,536 | | | | 3,567 | | | | 3,512 | |
187039842.SRDLC, 6.59%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 3,267 | | | | 3,267 | | | | 3,193 | |
187040123.SRDLC, 30.99%, 03/21/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 16,266 | | | | 16,478 | | | | 1,762 | |
187040321.SRDLC, 21.99%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 11,411 | | | | 11,411 | | | | 10,982 | |
187040621.SRDLC, 23.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 5,734 | | | | 5,734 | | | | 5,737 | |
187040626.SRDLC, 9.34%, 03/23/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 8,367 | | | | 8,367 | | | | 8,052 | |
187040937.SRDLC, 30.99%, 03/21/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 4,712 | | | | 4,773 | | | | 510 | |
187042692.SRDLC, 11.89%, 03/08/2027 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 26,668 | | | | 26,668 | | | | 2,888 | |
187043557.SRDLC, 30.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 9,043 | | | | 9,130 | | | | 9,370 | |
187044456.SRDLC, 28.49%, 03/08/2027 (a)(s) | | Lending Club | | | 3/10/2022 | | | | 6,236 | | | | 6,304 | | | | 6,463 | |
187044734.SRDLC, 15.99%, 03/08/2025 (a)(p)(s) | | Lending Club | | | 3/10/2022 | | | | 2,751 | | | | 2,787 | | | | 2,258 | |
187045611.SRDLC, 15.74%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 1,213 | | | | 1,218 | | | | 1,194 | |
187045971.SRDLC, 7.09%, 03/02/2027 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 9,356 | | | | 9,356 | | | | 9,019 | |
187046745.SRDLC, 19.99%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 1,853 | | | | 1,861 | | | | 1,825 | |
187047990.SRDLC, 30.99%, 03/01/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 5,601 | | | | 5,674 | | | | 607 | |
187048685.SRDLC, 6.59%, 03/11/2027 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 9,280 | | | | 9,280 | | | | 8,985 | |
187049271.SRDLC, 20.49%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 2,234 | | | | 2,244 | | | | 2,200 | |
187050428.SRDLC, 22.49%, 03/12/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 4,278 | | | | 4,317 | | | | 4,253 | |
187051535.SRDLC, 27.99%, 03/30/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 1,739 | | | | 1,746 | | | | 1,727 | |
187052570.SRDLC, 22.99%, 03/01/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 10,102 | | | | 10,233 | | | | 1,094 | |
187053282.SRDLC, 30.99%, 03/18/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 625 | | | | 628 | | | | 623 | |
187053309.SRDLC, 5.59%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 4,205 | | | | 4,205 | | | | 4,109 | |
187057871.SRDLC, 14.19%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 879 | | | | 879 | | | | 855 | |
187058552.SRDLC, 27.99%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 477 | | | | 477 | | | | 468 | |
187060262.SRDLC, 18.99%, 03/20/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 376 | | | | 376 | | | | 369 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
45
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187060772.SRDLC, 20.49%, 03/15/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | $ | 3,049 | | | $ | 3,067 | | | $ | 3,000 | |
187060807.SRDLC, 22.99%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 829 | | | | 829 | | | | 806 | |
187061785.SRDLC, 28.99%, 03/04/2027 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 13,995 | | | | 14,177 | | | | 0 | |
187061900.SRDLC, 20.49%, 03/25/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 4,559 | | | | 4,581 | | | | 4,503 | |
187061950.SRDLC, 22.99%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 1,903 | | | | 1,912 | | | | 1,889 | |
187062738.SRDLC, 27.99%, 10/29/2024 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 12,163 | | | | 12,163 | | | | 1,317 | |
187063469.SRDLC, 11.34%, 03/12/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 13,015 | | | | 13,015 | | | | 12,299 | |
187063470.SRDLC, 23.19%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 2,669 | | | | 2,669 | | | | 2,633 | |
187064351.SRDLC, 20.74%, 02/28/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 17,126 | | | | 17,126 | | | | 17,013 | |
187064981.SRDLC, 5.00%, 03/11/2026 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 7,917 | | | | 7,917 | | | | 7,656 | |
187065183.SRDLC, 15.49%, 03/17/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 3,965 | | | | 3,989 | | | | 3,901 | |
187065357.SRDLC, 17.49%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 4,359 | | | | 4,378 | | | | 4,279 | |
187066092.SRDLC, 30.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 4,569 | | | | 4,613 | | | | 4,748 | |
187066767.SRDLC, 15.49%, 03/15/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 3,700 | | | | 3,717 | | | | 3,648 | |
187066773.SRDLC, 6.59%, 03/09/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 24,914 | | | | 24,914 | | | | 24,091 | |
187066929.SRDLC, 7.49%, 03/15/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 13,217 | | | | 13,217 | | | | 12,978 | |
187067030.SRDLC, 21.99%, 03/09/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 8,345 | | | | 8,345 | | | | 8,129 | |
187067662.SRDLC, 15.74%, 03/25/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 22,682 | | | | 22,682 | | | | 21,698 | |
187067840.SRDLC, 8.59%, 03/01/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 3,308 | | | | 3,308 | | | | 3,230 | |
187068023.SRDLC, 12.19%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 1,493 | | | | 1,493 | | | | 1,460 | |
187069624.SRDLC, 19.49%, 03/17/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 2,440 | | | | 2,440 | | | | 2,359 | |
187069722.SRDLC, 30.99%, 03/25/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 5,065 | | | | 5,126 | | | | 5,264 | |
187070240.SRDLC, 21.49%, 03/20/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 8,438 | | | | 8,438 | | | | 8,130 | |
187070699.SRDLC, 30.99%, 03/15/2027 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 16,554 | | | | 16,769 | | | | 1,793 | |
187070990.SRDLC, 15.99%, 07/16/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 3,253 | | | | 3,295 | | | | 652 | |
187073165.SRDLC, 11.99%, 03/18/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 1,730 | | | | 1,730 | | | | 1,680 | |
187073409.SRDLC, 9.59%, 03/10/2025 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 7,825 | | | | 7,825 | | | | 847 | |
187073789.SRDLC, 18.49%, 03/09/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 1,754 | | | | 1,762 | | | | 1,726 | |
187074059.SRDLC, 22.49%, 03/09/2025 (a)(p)(s) | | Lending Club | | | 3/11/2022 | | | | 2,199 | | | | 2,228 | | | | 631 | |
187076024.SRDLC, 12.19%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 17,028 | | | | 17,028 | | | | 16,669 | |
187077040.SRDLC, 30.99%, 03/14/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 5,227 | | | | 5,295 | | | | 10 | |
187077933.SRDLC, 11.19%, 03/03/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 6,485 | | | | 6,485 | | | | 6,336 | |
187079283.SRDLC, 30.99%, 03/29/2027 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 11,302 | | | | 11,405 | | | | 11,719 | |
187079529.SRDLC, 22.49%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 3,789 | | | | 3,807 | | | | 3,735 | |
187080468.SRDLC, 13.99%, 03/16/2025 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 2,475 | | | | 2,486 | | | | 2,434 | |
187080922.SRDLC, 30.99%, 03/25/2027 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 4,261 | | | | 4,317 | | | | 0 | |
187081426.SRDLC, 30.99%, 03/09/2027 (a)(s) | | Lending Club | | | 3/11/2022 | | | | 11,303 | | | | 11,392 | | | | 11,758 | |
187083049.SRDLC, 19.49%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 2,214 | | | | 2,224 | | | | 2,183 | |
187084131.SRDLC, 25.49%, 02/23/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 5,543 | | | | 5,601 | | | | 5,691 | |
187085796.SRDLC, 27.49%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 8,837 | | | | 8,920 | | | | 9,202 | |
187087599.SRDLC, 4.99%, 08/18/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 1,934 | | | | 1,934 | | | | 1,914 | |
187090647.SRDLC, 30.99%, 03/10/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 407 | | | | 409 | | | | 405 | |
187094773.SRDLC, 19.99%, 03/18/2025 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 3,566 | | | | 3,612 | | | | 386 | |
187095146.SRDLC, 17.49%, 03/20/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 20,714 | | | | 20,714 | | | | 20,084 | |
187096378.SRDLC, 17.24%, 03/10/2027 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 11,500 | | | | 11,500 | | | | 11,146 | |
187096917.SRDLC, 22.99%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 3,425 | | | | 3,425 | | | | 3,330 | |
187099521.SRDLC, 30.99%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 568 | | | | 571 | | | | 565 | |
187099924.SRDLC, 17.44%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 2,292 | | | | 2,292 | | | | 2,263 | |
187103577.SRDLC, 28.99%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 3,720 | | | | 3,720 | | | | 3,828 | |
187103780.SRDLC, 28.99%, 03/11/2027 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 4,464 | | | | 4,506 | | | | 4,651 | |
187105051.SRDLC, 15.19%, 03/21/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 1,442 | | | | 1,442 | | | | 1,413 | |
187105742.SRDLC, 30.99%, 04/11/2028 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 13,917 | | | | 14,098 | | | | 1,507 | |
187105908.SRDLC, 30.99%, 03/22/2027 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 15,104 | | | | 15,301 | | | | 1,636 | |
187107161.SRDLC, 4.99%, 03/16/2025 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 12,899 | | | | 12,899 | | | | 12,664 | |
187109249.SRDLC, 16.99%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 2,164 | | | | 2,164 | | | | 2,122 | |
187112294.SRDLC, 27.49%, 03/31/2027 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 4,375 | | | | 4,414 | | | | 4,558 | |
187113417.SRDLC, 12.99%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 2,433 | | | | 2,433 | | | | 2,363 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
46
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187113627.SRDLC, 28.49%, 03/20/2027 (a)(s) | | Lending Club | | | 3/15/2022 | | | $ | 5,249 | | | $ | 5,299 | | | $ | 5,490 | |
187113823.SRDLC, 8.49%, 03/23/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 13,368 | | | | 13,368 | | | | 13,058 | |
187114091.SRDLC, 8.59%, 03/26/2027 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 23,442 | | | | 23,442 | | | | 22,532 | |
187114622.SRDLC, 25.74%, 03/26/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 3,956 | | | | 3,973 | | | | 3,947 | |
187116136.SRDLC, 12.99%, 03/10/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 18,292 | | | | 18,292 | | | | 17,806 | |
187116827.SRDLC, 7.59%, 03/11/2025 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 8,243 | | | | 8,243 | | | | 893 | |
187118843.SRDLC, 25.49%, 03/10/2025 (a)(p)(s) | | Lending Club | | | 3/14/2022 | | | | 11,321 | | | | 11,321 | | | | 1,226 | |
187119161.SRDLC, 25.99%, 03/29/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 8,948 | | | | 8,948 | | | | 8,828 | |
187120238.SRDLC, 28.49%, 03/18/2025 (a)(p)(s) | | Lending Club | | | 3/22/2022 | | | | 1,402 | | | | 1,420 | | | | 152 | |
187122896.SRDLC, 30.99%, 03/29/2027 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 4,464 | | | | 4,504 | | | | 4,629 | |
187123648.SRDLC, 30.99%, 03/30/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 8,160 | | | | 8,266 | | | | 884 | |
187125272.SRDLC, 9.99%, 03/11/2027 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 6,426 | | | | 6,426 | | | | 6,194 | |
187129496.SRDLC, 30.99%, 03/25/2027 (a)(s) | | Lending Club | | | 3/14/2022 | | | | 13,987 | | | | 13,987 | | | | 14,299 | |
187131130.SRDLC, 15.69%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 2,363 | | | | 2,363 | | | | 2,318 | |
187131674.SRDLC, 22.99%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,256 | | | | 1,262 | | | | 1,250 | |
187133675.SRDLC, 24.99%, 03/20/2027 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 5,683 | | | | 5,757 | | | | 616 | |
187134429.SRDLC, 17.99%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 2,982 | | | | 3,009 | | | | 2,936 | |
187134949.SRDLC, 30.24%, 03/10/2027 (a)(p)(s) | | Lending Club | | | 3/22/2022 | | | | 16,983 | | | | 17,203 | | | | 1,839 | |
187137324.SRDLC, 25.99%, 03/11/2025 (a)(p)(s) | | Lending Club | | | 3/15/2022 | | | | 930 | | | | 930 | | | | 101 | |
187137965.SRDLC, 4.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 4,825 | | | | 4,825 | | | | 4,738 | |
187142052.SRDLC, 5.59%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 5,823 | | | | 5,823 | | | | 5,691 | |
187142957.SRDLC, 6.59%, 03/15/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 12,004 | | | | 12,004 | | | | 11,630 | |
187143408.SRDLC, 12.34%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 26,244 | | | | 26,244 | | | | 24,846 | |
187143516.SRDLC, 22.99%, 07/07/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 4,848 | | | | 4,886 | | | | 4,754 | |
187145522.SRDLC, 14.99%, 10/14/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 8,471 | | | | 8,471 | | | | 6,936 | |
187146211.SRDLC, 6.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 9,378 | | | | 9,378 | | | | 9,081 | |
187148537.SRDLC, 19.49%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 738 | | | | 741 | | | | 728 | |
187151370.SRDLC, 30.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 4,148 | | | | 4,169 | | | | 4,133 | |
187152660.SRDLC, 7.09%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 6,568 | | | | 6,568 | | | | 6,450 | |
187153068.SRDLC, 30.99%, 03/29/2026 (a)(p)(s) | | Lending Club | | | 3/31/2022 | | | | 7,911 | | | | 8,014 | | | | 857 | |
187156154.SRDLC, 26.99%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 12,000 | | | | 12,156 | | | | 1,300 | |
187156614.SRDLC, 26.74%, 03/26/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 2,413 | | | | 2,425 | | | | 2,418 | |
187156876.SRDLC, 10.19%, 03/27/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 8,002 | | | | 8,002 | | | | 7,554 | |
187157596.SRDLC, 19.96%, 03/20/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 6,759 | | | | 6,759 | | | | 6,526 | |
187158857.SRDLC, 20.99%, 03/26/2025 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 2,169 | | | | 2,197 | | | | 433 | |
187158989.SRDLC, 7.74%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 13,218 | | | | 13,218 | | | | 12,977 | |
187161193.SRDLC, 22.99%, 03/11/2025 (a)(s) | | Lending Club | | | 3/15/2022 | | | | 1,984 | | | | 2,004 | | | | 1,965 | |
187162945.SRDLC, 24.49%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 7,191 | | | | 7,265 | | | | 7,290 | |
187163955.SRDLC, 18.74%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 3,734 | | | | 3,767 | | | | 3,728 | |
187166501.SRDLC, 25.49%, 03/17/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,323 | | | | 1,330 | | | | 1,318 | |
187170600.SRDLC, 23.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 14,382 | | | | 14,514 | | | | 14,582 | |
187170952.SRDLC, 20.49%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,554 | | | | 1,554 | | | | 1,507 | |
187171695.SRDLC, 7.59%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,320 | | | | 1,320 | | | | 1,292 | |
187171712.SRDLC, 22.99%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 3,202 | | | | 3,244 | | | | 347 | |
187172125.SRDLC, 15.00%, 09/29/2027 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 12,543 | | | | 12,692 | | | | 12,713 | |
187175139.SRDLC, 22.99%, 07/29/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 4,891 | | | | 4,937 | | | | 4,850 | |
187175565.SRDLC, 20.49%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 5,602 | | | | 5,674 | | | | 607 | |
187177101.SRDLC, 13.99%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 3,514 | | | | 3,537 | | | | 3,454 | |
187185335.SRDLC, 24.99%, 03/20/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 977 | | | | 982 | | | | 972 | |
187185579.SRDLC, 23.74%, 03/20/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 3,262 | | | | 3,278 | | | | 3,241 | |
187185770.SRDLC, 23.49%, 03/02/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 6,337 | | | | 6,395 | | | | 6,406 | |
187185872.SRDLC, 27.99%, 03/20/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 973 | | | | 978 | | | | 970 | |
187191386.SRDLC, 30.99%, 03/14/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 11,906 | | | | 12,030 | | | | 12,281 | |
187192260.SRDLC, 25.49%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,750 | | | | 1,758 | | | | 1,742 | |
187194642.SRDLC, 28.99%, 03/17/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 2,034 | | | | 2,049 | | | | 2,025 | |
187196077.SRDLC, 28.99%, 03/17/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 4,539 | | | | 4,598 | | | | 492 | |
187196888.SRDLC, 13.99%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 5,003 | | | | 5,069 | | | | 542 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
47
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187199260.SRDLC, 5.00%, 03/14/2028 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | $ | 4,256 | | | $ | 4,296 | | | $ | 4,309 | |
187202884.SRDLC, 23.99%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 6,040 | | | | 6,095 | | | | 6,145 | |
187207505.SRDLC, 30.99%, 03/17/2026 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 10,424 | | | | 10,508 | | | | 10,675 | |
187208713.SRDLC, 29.24%, 03/20/2026 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 3,011 | | | | 3,034 | | | | 3,093 | |
187210693.SRDLC, 28.49%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 9,972 | | | | 10,021 | | | | 9,941 | |
187212284.SRDLC, 30.99%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 745 | | | | 755 | | | | 144 | |
187212490.SRDLC, 28.99%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 1,554 | | | | 1,575 | | | | 1,544 | |
187214657.SRDLC, 30.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 5,836 | | | | 5,912 | | | | 632 | |
187216699.SRDLC, 19.49%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,107 | | | | 1,112 | | | | 1,092 | |
187219910.SRDLC, 17.99%, 03/18/2025 (a)(s) | | Lending Club | | | 3/22/2022 | | | | 1,084 | | | | 1,089 | | | | 1,069 | |
187220895.SRDLC, 16.99%, 03/01/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 1,409 | | | | 1,415 | | | | 1,383 | |
187222056.SRDLC, 28.49%, 07/25/2027 (a)(p)(s) | | Lending Club | | | 3/29/2022 | | | | 10,634 | | | | 10,773 | | | | 1,152 | |
187222188.SRDLC, 23.49%, 03/14/2027 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 7,976 | | | | 8,079 | | | | 864 | |
187225907.SRDLC, 24.99%, 03/15/2027 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 5,477 | | | | 5,548 | | | | 593 | |
187227077.SRDLC, 17.99%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 5,799 | | | | 5,875 | | | | 628 | |
187227226.SRDLC, 28.99%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 400 | | | | 402 | | | | 399 | |
187228160.SRDLC, 26.49%, 03/17/2025 (a)(p)(s) | | Lending Club | | | 3/21/2022 | | | | 2,658 | | | | 2,693 | | | | 288 | |
187228476.SRDLC, 30.99%, 05/20/2026 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 12,458 | | | | 12,620 | | | | 1,349 | |
187229868.SRDLC, 29.99%, 03/21/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 4,029 | | | | 4,081 | | | | 436 | |
187230381.SRDLC, 13.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 2,289 | | | | 2,299 | | | | 2,257 | |
187230799.SRDLC, 14.24%, 03/25/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 1,132 | | | | 1,137 | | | | 1,116 | |
187232276.SRDLC, 28.99%, 03/14/2025 (a)(p)(s) | | Lending Club | | | 3/16/2022 | | | | 1,444 | | | | 1,463 | | | | 156 | |
187232739.SRDLC, 30.49%, 03/15/2027 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 6,009 | | | | 6,067 | | | | 6,277 | |
187233907.SRDLC, 21.49%, 03/15/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 1,878 | | | | 1,887 | | | | 1,854 | |
187235755.SRDLC, 20.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 11,256 | | | | 11,358 | | | | 11,237 | |
187238400.SRDLC, 17.99%, 03/14/2025 (a)(s) | | Lending Club | | | 3/16/2022 | | | | 2,548 | | | | 2,560 | | | | 2,511 | |
187242033.SRDLC, 30.24%, 03/23/2027 (a)(p)(s) | | Lending Club | | | 3/21/2022 | | | | 12,268 | | | | 12,427 | | | | 1,329 | |
187242298.SRDLC, 28.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 1,801 | | | | 1,810 | | | | 1,797 | |
187242328.SRDLC, 17.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 3,003 | | | | 3,017 | | | | 2,960 | |
187243100.SRDLC, 18.49%, 03/15/2026 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 3,421 | | | | 3,446 | | | | 3,338 | |
187244325.SRDLC, 22.49%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 6,476 | | | | 6,560 | | | | 701 | |
187256106.SRDLC, 30.99%, 03/27/2027 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 6,933 | | | | 7,005 | | | | 7,264 | |
187258824.SRDLC, 28.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,160 | | | | 2,171 | | | | 2,120 | |
187259128.SRDLC, 30.99%, 03/18/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 410 | | | | 411 | | | | 408 | |
187265375.SRDLC, 22.99%, 03/25/2025 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 4,207 | | | | 4,226 | | | | 4,184 | |
187266158.SRDLC, 17.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 1,456 | | | | 1,463 | | | | 1,435 | |
187272493.SRDLC, 13.99%, 04/08/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,672 | | | | 2,685 | | | | 2,603 | |
187273036.SRDLC, 28.49%, 04/15/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 10,487 | | | | 10,623 | | | | 1,136 | |
187274598.SRDLC, 19.49%, 03/22/2026 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 6,088 | | | | 6,161 | | | | 6,105 | |
187278011.SRDLC, 30.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 9,042 | | | | 9,130 | | | | 9,446 | |
187278656.SRDLC, 26.24%, 03/15/2026 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 23,931 | | | | 24,242 | | | | 2,592 | |
187280200.SRDLC, 5.00%, 03/30/2026 (a)(s) | | Lending Club | | | 3/17/2022 | | | | 3,004 | | | | 3,004 | | | | 2,980 | |
187283205.SRDLC, 26.24%, 03/18/2025 (a)(s) | | Lending Club | | | 3/22/2022 | | | | 1,644 | | | | 1,652 | | | | 1,639 | |
187285539.SRDLC, 30.99%, 03/22/2027 (a)(p)(s) | | Lending Club | | | 3/17/2022 | | | | 3,874 | | | | 3,914 | | | | 4,046 | |
187296926.SRDLC, 18.99%, 03/16/2027 (a)(p)(s) | | Lending Club | | | 3/18/2022 | | | | 6,105 | | | | 6,185 | | | | 1,082 | |
187297380.SRDLC, 8.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 9,771 | | | | 9,771 | | | | 9,573 | |
187297824.SRDLC, 20.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 2,929 | | | | 2,953 | | | | 2,891 | |
187298430.SRDLC, 30.99%, 03/29/2027 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 7,317 | | | | 7,412 | | | | 7,573 | |
187298940.SRDLC, 27.99%, 03/18/2025 (a)(p)(s) | | Lending Club | | | 3/22/2022 | | | | 3,948 | | | | 3,999 | | | | 428 | |
187299086.SRDLC, 20.99%, 03/18/2025 (a)(s) | | Lending Club | | | 3/22/2022 | | | | 1,870 | | | | 1,879 | | | | 1,849 | |
187299402.SRDLC, 20.49%, 03/16/2027 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 2,938 | | | | 2,964 | | | | 2,902 | |
187299766.SRDLC, 18.99%, 03/16/2027 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 6,640 | | | | 6,699 | | | | 6,633 | |
187300111.SRDLC, 30.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 7,667 | | | | 7,741 | | | | 7,794 | |
187301254.SRDLC, 26.24%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,174 | | | | 1,180 | | | | 1,173 | |
187304207.SRDLC, 30.99%, 04/04/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,792 | | | | 1,802 | | | | 1,766 | |
187305059.SRDLC, 14.24%, 03/21/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 5,379 | | | | 5,449 | | | | 583 | |
187308704.SRDLC, 17.49%, 03/16/2025 (a)(p)(s) | | Lending Club | | | 3/18/2022 | | | | 2,710 | | | | 2,745 | | | | 517 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
48
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187313739.SRDLC, 18.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | $ | 3,326 | | | $ | 3,341 | | | $ | 3,278 | |
187315282.SRDLC, 30.99%, 03/24/2027 (a)(p)(s) | | Lending Club | | | 3/28/2022 | | | | 16,073 | | | | 16,282 | | | | 1,741 | |
187317167.SRDLC, 17.99%, 03/25/2025 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 656 | | | | 658 | | | | 648 | |
187317328.SRDLC, 23.49%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 5,589 | | | | 5,641 | | | | 5,686 | |
187320803.SRDLC, 30.99%, 03/16/2027 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 3,767 | | | | 3,804 | | | | 3,938 | |
187322872.SRDLC, 20.99%, 03/30/2025 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 1,008 | | | | 1,011 | | | | 996 | |
187324350.SRDLC, 25.99%, 03/16/2025 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 1,613 | | | | 1,619 | | | | 1,602 | |
187324593.SRDLC, 17.99%, 08/13/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 6,178 | | | | 6,258 | | | | 4,596 | |
187326098.SRDLC, 17.99%, 03/16/2025 (a)(p)(s) | | Lending Club | | | 3/18/2022 | | | | 6,394 | | | | 6,420 | | | | 6,271 | |
187326921.SRDLC, 23.99%, 04/20/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 4,295 | | | | 4,318 | | | | 4,233 | |
187331199.SRDLC, 24.99%, 03/18/2025 (a)(s) | | Lending Club | | | 3/22/2022 | | | | 2,788 | | | | 2,801 | | | | 2,780 | |
187332393.SRDLC, 22.49%, 03/16/2026 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 2,946 | | | | 2,968 | | | | 2,956 | |
187332662.SRDLC, 26.49%, 03/16/2025 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 1,570 | | | | 1,577 | | | | 1,558 | |
187333328.SRDLC, 15.99%, 03/18/2025 (a)(p)(s) | | Lending Club | | | 3/22/2022 | | | | 6,043 | | | | 6,122 | | | | 654 | |
187337172.SRDLC, 30.99%, 03/16/2027 (a)(s) | | Lending Club | | | 3/18/2022 | | | | 11,312 | | | | 11,420 | | | | 11,786 | |
187337396.SRDLC, 20.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 3,740 | | | | 3,757 | | | | 3,696 | |
187337889.SRDLC, 28.99%, 10/17/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 3,483 | | | | 3,498 | | | | 3,431 | |
187340968.SRDLC, 24.99%, 04/18/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,479 | | | | 1,479 | | | | 1,458 | |
187344458.SRDLC, 23.49%, 03/17/2027 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 16,198 | | | | 16,331 | | | | 16,360 | |
187345282.SRDLC, 23.99%, 03/22/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 9,583 | | | | 9,630 | | | | 9,576 | |
187348658.SRDLC, 25.49%, 03/17/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 1,839 | | | | 1,848 | | | | 1,832 | |
187349522.SRDLC, 30.99%, 04/03/2025 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 5,322 | | | | 5,350 | | | | 5,201 | |
187354823.SRDLC, 30.99%, 03/24/2027 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 3,767 | | | | 3,804 | | | | 3,960 | |
187356072.SRDLC, 24.99%, 03/31/2025 (a)(p)(s) | | Lending Club | | | 3/21/2022 | | | | 2,411 | | | | 2,423 | | | | 2,390 | |
187356525.SRDLC, 30.49%, 03/24/2026 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 952 | | | | 960 | | | | 981 | |
187361064.SRDLC, 18.49%, 03/17/2027 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 3,451 | | | | 3,481 | | | | 3,286 | |
187363680.SRDLC, 17.99%, 03/17/2025 (a)(p)(s) | | Lending Club | | | 3/21/2022 | | | | 742 | | | | 752 | | | | 211 | |
187365303.SRDLC, 20.49%, 03/17/2025 (a)(p)(s) | | Lending Club | | | 3/21/2022 | | | | 1,125 | | | | 1,132 | | | | 1,109 | |
187366874.SRDLC, 30.99%, 03/05/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 1,945 | | | | 1,954 | | | | 1,926 | |
187369277.SRDLC, 19.49%, 04/03/2025 (a)(p)(s) | | Lending Club | | | 3/21/2022 | | | | 817 | | | | 821 | | | | 798 | |
187375311.SRDLC, 19.49%, 04/05/2026 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 7,146 | | | | 7,199 | | | | 7,085 | |
187378370.SRDLC, 17.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 1,320 | | | | 1,323 | | | | 1,300 | |
187382263.SRDLC, 30.99%, 03/04/2025 (a)(p)(s) | | Lending Club | | | 3/21/2022 | | | | 3,994 | | | | 4,046 | | | | 433 | |
187382692.SRDLC, 18.99%, 03/17/2025 (a)(s) | | Lending Club | | | 3/21/2022 | | | | 3,674 | | | | 3,690 | | | | 3,630 | |
187386845.SRDLC, 30.99%, 04/05/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 166 | | | | 168 | | | | 18 | |
187398247.SRDLC, 15.00%, 08/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,072 | | | | 1,079 | | | | 1,048 | |
187401895.SRDLC, 20.49%, 03/22/2025 (a)(p)(s) | | Lending Club | | | 3/22/2022 | | | | 6,561 | | | | 6,638 | | | | 6,461 | |
187402002.SRDLC, 23.99%, 03/18/2025 (a)(s) | | Lending Club | | | 3/22/2022 | | | | 1,846 | | | | 1,855 | | | | 1,834 | |
187403421.SRDLC, 10.00%, 08/18/2025 (a)(p)(s) | | Lending Club | | | 3/22/2022 | | | | 2,085 | | | | 2,108 | | | | 1,979 | |
187404590.SRDLC, 23.99%, 03/25/2027 (a)(s) | | Lending Club | | | 3/22/2022 | | | | 7,238 | | | | 7,305 | | | | 7,345 | |
187407657.SRDLC, 23.49%, 03/18/2026 (a)(p)(s) | | Lending Club | | | 3/22/2022 | | | | 10,328 | | | | 10,463 | | | | 1,119 | |
187417087.SRDLC, 30.99%, 03/01/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 1,359 | | | | 1,366 | | | | 1,339 | |
187419334.SRDLC, 30.99%, 03/30/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 3,812 | | | | 3,860 | | | | 3,852 | |
187419808.SRDLC, 28.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,601 | | | | 1,609 | | | | 1,603 | |
187420524.SRDLC, 30.99%, 03/18/2027 (a)(p)(s) | | Lending Club | | | 3/22/2022 | | | | 6,749 | | | | 6,837 | | | | 731 | |
187425427.SRDLC, 30.99%, 04/01/2025 (a)(p)(s) | | Lending Club | | | 3/31/2022 | | | | 3,668 | | | | 3,692 | | | | 3,581 | |
187427964.SRDLC, 10.00%, 12/31/2027 (a)(p)(s) | | Lending Club | | | 3/24/2022 | | | | 13,108 | | | | 13,249 | | | | 12,996 | |
187428232.SRDLC, 22.49%, 07/28/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 2,101 | | | | 2,128 | | | | 421 | |
187429515.SRDLC, 22.49%, 11/28/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 2,736 | | | | 2,771 | | | | 385 | |
187430493.SRDLC, 28.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,527 | | | | 1,535 | | | | 1,499 | |
187433972.SRDLC, 19.99%, 03/29/2025 (a)(p)(s) | | Lending Club | | | 3/31/2022 | | | | 8,267 | | | | 8,374 | | | | 895 | |
187435110.SRDLC, 17.49%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 362 | | | | 364 | | | | 358 | |
187435569.SRDLC, 30.99%, 03/22/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 15,351 | | | | 15,499 | | | | 16,023 | |
187437735.SRDLC, 28.99%, 04/05/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 304 | | | | 308 | | | | 33 | |
187441218.SRDLC, 13.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 2,807 | | | | 2,819 | | | | 2,771 | |
187441493.SRDLC, 30.49%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 15,023 | | | | 15,168 | | | | 15,759 | |
187441544.SRDLC, 30.99%, 07/21/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 4,717 | | | | 4,776 | | | | 4,668 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
49
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187442318.SRDLC, 17.99%, 03/02/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | $ | 4,018 | | | $ | 4,037 | | | $ | 3,926 | |
187444837.SRDLC, 30.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 6,200 | | | | 6,281 | | | | 671 | |
187445072.SRDLC, 18.49%, 03/31/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 1,118 | | | | 1,123 | | | | 1,091 | |
187447300.SRDLC, 30.49%, 04/01/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 5,503 | | | | 5,575 | | | | 596 | |
187447743.SRDLC, 30.99%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 7,535 | | | | 7,608 | | | | 7,904 | |
187447912.SRDLC, 30.99%, 03/28/2027 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 11,239 | | | | 11,344 | | | | 11,840 | |
187448298.SRDLC, 10.00%, 08/22/2025 (a)(p)(s) | | Lending Club | | | 3/24/2022 | | | | 2,759 | | | | 2,795 | | | | 2,772 | |
187449396.SRDLC, 18.99%, 03/22/2027 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 11,086 | | | | 11,185 | | | | 11,098 | |
187452870.SRDLC, 21.49%, 04/05/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 4,756 | | | | 4,786 | | | | 4,650 | |
187453785.SRDLC, 25.49%, 03/21/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 16,976 | | | | 17,196 | | | | 1,838 | |
187454106.SRDLC, 22.74%, 03/28/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,836 | | | | 1,845 | | | | 1,833 | |
187454945.SRDLC, 22.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 2,854 | | | | 2,868 | | | | 2,851 | |
187455901.SRDLC, 22.74%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 760 | | | | 763 | | | | 759 | |
187456488.SRDLC, 30.99%, 04/03/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 7,750 | | | | 7,826 | | | | 7,991 | |
187457770.SRDLC, 22.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,218 | | | | 1,224 | | | | 1,216 | |
187460656.SRDLC, 22.49%, 03/21/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 6,364 | | | | 6,447 | | | | 689 | |
187462931.SRDLC, 30.99%, 03/21/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 11,502 | | | | 11,614 | | | | 12,015 | |
187465329.SRDLC, 16.99%, 03/21/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 10,982 | | | | 11,124 | | | | 1,189 | |
187467222.SRDLC, 20.49%, 03/23/2025 (a)(s) | | Lending Club | | | 3/25/2022 | | | | 777 | | | | 777 | | | | 770 | |
187467259.SRDLC, 17.99%, 03/23/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 2,408 | | | | 2,419 | | | | 2,373 | |
187469218.SRDLC, 25.49%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 9,992 | | | | 10,085 | | | | 10,116 | |
187470501.SRDLC, 25.49%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 7,267 | | | | 7,335 | | | | 7,392 | |
187475141.SRDLC, 23.49%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,529 | | | | 1,536 | | | | 1,527 | |
187480766.SRDLC, 30.99%, 03/23/2027 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 8,867 | | | | 8,983 | | | | 960 | |
187480898.SRDLC, 30.49%, 03/21/2026 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 12,530 | | | | 12,626 | | | | 12,865 | |
187481988.SRDLC, 22.99%, 03/21/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 5,196 | | | | 5,264 | | | | 563 | |
187486081.SRDLC, 30.99%, 10/19/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 8,349 | | | | 8,458 | | | | 904 | |
187486551.SRDLC, 28.49%, 03/31/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,179 | | | | 1,185 | | | | 1,180 | |
187487027.SRDLC, 21.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 4,536 | | | | 4,552 | | | | 4,477 | |
187488781.SRDLC, 22.49%, 09/21/2025 (a)(p)(s) | | Lending Club | | | 3/23/2022 | | | | 3,183 | | | | 3,225 | | | | 345 | |
187489246.SRDLC, 24.49%, 03/21/2027 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 4,790 | | | | 4,835 | | | | 4,870 | |
187493017.SRDLC, 30.99%, 06/22/2028 (a)(p)(s) | | Lending Club | | | 3/24/2022 | | | | 8,939 | | | | 9,055 | | | | 8,942 | |
187493907.SRDLC, 24.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,157 | | | | 1,163 | | | | 1,155 | |
187495095.SRDLC, 18.99%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 2,057 | | | | 2,067 | | | | 2,036 | |
187495162.SRDLC, 21.99%, 03/21/2026 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 1,760 | | | | 1,774 | | | | 1,770 | |
187496148.SRDLC, 20.49%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 614 | | | | 617 | | | | 608 | |
187499615.SRDLC, 17.49%, 03/21/2025 (a)(s) | | Lending Club | | | 3/23/2022 | | | | 2,899 | | | | 2,912 | | | | 2,863 | |
187504263.SRDLC, 18.99%, 04/19/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 5,176 | | | | 5,224 | | | | 5,069 | |
187507529.SRDLC, 19.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,223 | | | | 1,229 | | | | 1,208 | |
187510418.SRDLC, 30.99%, 04/04/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 11,633 | | | | 11,752 | | | | 12,003 | |
187511213.SRDLC, 26.49%, 03/24/2025 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 2,549 | | | | 2,562 | | | | 2,550 | |
187512182.SRDLC, 25.49%, 03/28/2027 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 7,031 | | | | 7,088 | | | | 7,145 | |
187515864.SRDLC, 13.99%, 04/01/2025 (a)(p)(s) | | Lending Club | | | 3/24/2022 | | | | 2,866 | | | | 2,879 | | | | 2,800 | |
187515959.SRDLC, 22.99%, 03/22/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 765 | | | | 767 | | | | 761 | |
187515980.SRDLC, 24.99%, 03/24/2027 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 7,242 | | | | 7,309 | | | | 7,377 | |
187516507.SRDLC, 6.99%, 04/15/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 7,873 | | | | 7,873 | | | | 7,720 | |
187518035.SRDLC, 20.49%, 03/29/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 1,759 | | | | 1,764 | | | | 1,745 | |
187518043.SRDLC, 29.74%, 03/22/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 1,934 | | | | 1,944 | | | | 1,938 | |
187518225.SRDLC, 20.49%, 03/23/2027 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 4,378 | | | | 4,435 | | | | 1,069 | |
187518895.SRDLC, 22.49%, 03/23/2027 (a)(s) | | Lending Club | | | 3/25/2022 | | | | 5,975 | | | | 6,030 | | | | 5,984 | |
187519245.SRDLC, 30.49%, 03/02/2028 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 10,391 | | | | 10,526 | | | | 1,125 | |
187523529.SRDLC, 30.49%, 04/15/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 8,459 | | | | 8,567 | | | | 8,590 | |
187524265.SRDLC, 24.99%, 11/22/2027 (a)(p)(s) | | Lending Club | | | 3/24/2022 | | | | 5,068 | | | | 5,134 | | | | 549 | |
187526342.SRDLC, 19.49%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 2,877 | | | | 2,902 | | | | 2,797 | |
187526379.SRDLC, 5.99%, 04/15/2025 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 14,167 | | | | 14,167 | | | | 13,891 | |
187528155.SRDLC, 23.99%, 05/23/2025 (a)(p)(s) | | Lending Club | | | 4/29/2022 | | | | 5,602 | | | | 5,602 | | | | 5,373 | |
187529725.SRDLC, 10.00%, 08/22/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 10,458 | | | | 10,587 | | | | 10,229 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
50
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187530390.SRDLC, 28.99%, 03/22/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | $ | 1,201 | | | $ | 1,207 | | | $ | 1,203 | |
187531570.SRDLC, 25.49%, 03/22/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 3,041 | | | | 3,057 | | | | 3,027 | |
187532223.SRDLC, 22.49%, 03/22/2027 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 4,964 | | | | 5,023 | | | | 4,969 | |
187534180.SRDLC, 5.59%, 04/03/2025 (a)(p)(s) | | Lending Club | | | 4/14/2022 | | | | 74 | | | | 74 | | | | 8 | |
187540531.SRDLC, 22.99%, 03/23/2025 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 3,812 | | | | 3,831 | | | | 3,797 | |
187542274.SRDLC, 30.49%, 03/22/2027 (a)(p)(s) | | Lending Club | | | 3/24/2022 | | | | 7,417 | | | | 7,513 | | | | 803 | |
187542436.SRDLC, 30.49%, 03/24/2027 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 7,515 | | | | 7,587 | | | | 7,872 | |
187543108.SRDLC, 23.99%, 03/23/2027 (a)(s) | | Lending Club | | | 3/25/2022 | | | | 10,786 | | | | 10,870 | | | | 10,984 | |
187547112.SRDLC, 23.49%, 04/01/2027 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 4,136 | | | | 4,190 | | | | 448 | |
187547337.SRDLC, 19.49%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,793 | | | | 1,816 | | | | 194 | |
187547558.SRDLC, 30.99%, 03/25/2027 (a)(p)(s) | | Lending Club | | | 3/29/2022 | | | | 3,840 | | | | 3,840 | | | | 4,017 | |
187547644.SRDLC, 27.79%, 08/17/2025 (a)(p)(s) | | Lending Club | | | 4/11/2022 | | | | 16,310 | | | | 16,310 | | | | 940 | |
187547926.SRDLC, 19.49%, 03/25/2025 (a)(s) | | Lending Club | | | 3/29/2022 | | | | 1,845 | | | | 1,854 | | | | 1,829 | |
187548600.SRDLC, 30.49%, 04/09/2027 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 4,380 | | | | 4,421 | | | | 4,505 | |
187548640.SRDLC, 19.49%, 03/24/2027 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 6,049 | | | | 6,103 | | | | 6,055 | |
187548817.SRDLC, 19.99%, 03/25/2025 (a)(s) | | Lending Club | | | 3/29/2022 | | | | 927 | | | | 931 | | | | 919 | |
187551152.SRDLC, 15.00%, 08/22/2027 (a)(s) | | Lending Club | | | 3/24/2022 | | | | 5,629 | | | | 5,702 | | | | 5,823 | |
187552397.SRDLC, 24.99%, 03/23/2025 (a)(s) | | Lending Club | | | 3/25/2022 | | | | 2,904 | | | | 2,917 | | | | 2,904 | |
187552772.SRDLC, 22.74%, 03/31/2025 (a)(p)(s) | | Lending Club | | | 3/28/2022 | | | | 2,316 | | | | 2,328 | | | | 2,274 | |
187559830.SRDLC, 23.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 3,892 | | | | 3,911 | | | | 3,868 | |
187562521.SRDLC, 30.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 6,114 | | | | 6,137 | | | | 6,132 | |
187566077.SRDLC, 29.49%, 04/02/2026 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 6,360 | | | | 6,411 | | | | 6,374 | |
187566191.SRDLC, 30.99%, 04/06/2027 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 3,894 | | | | 3,944 | | | | 3,947 | |
187568029.SRDLC, 30.99%, 03/25/2027 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 11,730 | | | | 11,883 | | | | 12,239 | |
187569851.SRDLC, 23.49%, 08/29/2027 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 11,758 | | | | 11,911 | | | | 11,577 | |
187571871.SRDLC, 7.49%, 04/22/2027 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 1,484 | | | | 1,484 | | | | 1,433 | |
187572979.SRDLC, 18.24%, 03/20/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,529 | | | | 1,536 | | | | 1,509 | |
187573654.SRDLC, 9.59%, 04/16/2025 (a)(s) | | Lending Club | | | 4/14/2022 | | | | 9,235 | | | | 9,235 | | | | 9,042 | |
187575336.SRDLC, 23.49%, 03/23/2027 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 8,500 | | | | 8,611 | | | | 921 | |
187576025.SRDLC, 15.00%, 09/30/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 9,932 | | | | 10,016 | | | | 9,619 | |
187581030.SRDLC, 30.99%, 03/26/2027 (a)(p)(s) | | Lending Club | | | 3/25/2022 | | | | 9,315 | | | | 9,436 | | | | 0 | |
187583183.SRDLC, 30.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 2,222 | | | | 2,251 | | | | 421 | |
187583199.SRDLC, 30.49%, 03/29/2027 (a)(p)(s) | | Lending Club | | | 3/31/2022 | | | | 8,998 | | | | 9,115 | | | | 974 | |
187583216.SRDLC, 25.99%, 04/17/2027 (a)(p)(s) | | Lending Club | | | 4/14/2022 | | | | 11,974 | | | | 11,974 | | | | 1,297 | |
187587017.SRDLC, 26.49%, 03/29/2025 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 4,688 | | | | 4,709 | | | | 4,672 | |
187587643.SRDLC, 27.99%, 03/23/2025 (a)(s) | | Lending Club | | | 3/25/2022 | | | | 4,801 | | | | 4,817 | | | | 4,801 | |
187592785.SRDLC, 30.99%, 03/24/2027 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 7,535 | | | | 7,608 | | | | 7,920 | |
187593124.SRDLC, 17.99%, 03/23/2025 (a)(s) | | Lending Club | | | 3/25/2022 | | | | 1,638 | | | | 1,646 | | | | 1,618 | |
187593444.SRDLC, 23.99%, 04/13/2027 (a)(p)(s) | | Lending Club | | | 4/15/2022 | | | | 14,531 | | | | 14,531 | | | | 1,574 | |
187593665.SRDLC, 21.49%, 03/24/2026 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 3,891 | | | | 3,920 | | | | 3,911 | |
187594268.SRDLC, 22.49%, 03/23/2025 (a)(s) | | Lending Club | | | 3/25/2022 | | | | 401 | | | | 403 | | | | 397 | |
187595700.SRDLC, 21.49%, 03/23/2025 (a)(s) | | Lending Club | | | 3/25/2022 | | | | 1,878 | | | | 1,887 | | | | 1,860 | |
187596231.SRDLC, 24.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 3,769 | | | | 3,799 | | | | 3,776 | |
187597607.SRDLC, 30.99%, 03/31/2027 (a)(p)(s) | | Lending Club | | | 4/4/2022 | | | | 18,100 | | | | 18,333 | | | | 18,776 | |
187601450.SRDLC, 27.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 5,138 | | | | 5,161 | | | | 5,047 | |
187606448.SRDLC, 30.99%, 03/24/2027 (a)(p)(s) | | Lending Club | | | 3/28/2022 | | | | 13,158 | | | | 13,330 | | | | 1,425 | |
187609294.SRDLC, 16.49%, 03/24/2025 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 1,077 | | | | 1,082 | | | | 1,065 | |
187611557.SRDLC, 26.99%, 03/24/2025 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 1,182 | | | | 1,187 | | | | 1,185 | |
187616322.SRDLC, 9.99%, 04/07/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 10,551 | | | | 10,551 | | | | 10,140 | |
187618422.SRDLC, 30.99%, 04/04/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 3,948 | | | | 4,000 | | | | 428 | |
187620736.SRDLC, 30.99%, 03/24/2027 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 7,535 | | | | 7,608 | | | | 7,920 | |
187621898.SRDLC, 23.99%, 04/28/2027 (a)(p)(s) | | Lending Club | | | 4/15/2022 | | | | 22,466 | | | | 22,466 | | | | 2,433 | |
187624729.SRDLC, 30.99%, 03/05/2025 (a)(p)(s) | | Lending Club | | | 3/28/2022 | | | | 1,897 | | | | 1,907 | | | | 1,874 | |
187625273.SRDLC, 27.49%, 03/24/2027 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 4,420 | | | | 4,462 | | | | 4,646 | |
187626903.SRDLC, 23.99%, 04/03/2027 (a)(s) | | Lending Club | | | 3/29/2022 | | | | 12,459 | | | | 12,576 | | | | 12,429 | |
187629164.SRDLC, 30.49%, 03/25/2027 (a)(p)(s) | | Lending Club | | | 3/29/2022 | | | | 7,416 | | | | 7,488 | | | | 7,803 | |
187637005.SRDLC, 16.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 2,224 | | | | 2,252 | | | | 2,194 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
51
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187638238.SRDLC, 30.99%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/29/2022 | | | $ | 1,733 | | | $ | 1,756 | | | $ | 188 | |
187641240.SRDLC, 26.24%, 03/24/2025 (a)(s) | | Lending Club | | | 3/28/2022 | | | | 1,174 | | | | 1,180 | | | | 1,174 | |
187641863.SRDLC, 25.49%, 07/29/2025 (a)(p)(s) | | Lending Club | | | 3/31/2022 | | | | 4,215 | | | | 4,270 | | | | 1,152 | |
187642052.SRDLC, 30.99%, 03/31/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 3,782 | | | | 3,817 | | | | 3,974 | |
187643783.SRDLC, 15.19%, 04/15/2025 (a)(p)(s) | | Lending Club | | | 4/19/2022 | | | | 3,454 | | | | 3,454 | | | | 374 | |
187646172.SRDLC, 28.49%, 03/28/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 2,995 | | | | 3,034 | | | | 324 | |
187646351.SRDLC, 30.99%, 03/29/2026 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 754 | | | | 760 | | | | 771 | |
187649484.SRDLC, 23.99%, 03/01/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 998 | | | | 1,001 | | | | 981 | |
187653936.SRDLC, 30.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 2,564 | | | | 2,577 | | | | 2,518 | |
187657079.SRDLC, 30.49%, 03/30/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 3,763 | | | | 3,800 | | | | 3,954 | |
187660527.SRDLC, 30.99%, 04/10/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 8,698 | | | | 8,811 | | | | 942 | |
187664282.SRDLC, 17.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,307 | | | | 1,313 | | | | 1,293 | |
187666286.SRDLC, 7.49%, 04/12/2025 (a)(s) | | Lending Club | | | 4/14/2022 | | | | 2,151 | | | | 2,151 | | | | 2,110 | |
187670344.SRDLC, 30.99%, 03/25/2025 (a)(p)(s) | | Lending Club | | | 3/29/2022 | | | | 1,114 | | | | 1,127 | | | | 1,114 | |
187671142.SRDLC, 20.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 7,180 | | | | 7,246 | | | | 7,045 | |
187672826.SRDLC, 30.99%, 03/30/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 10,849 | | | | 10,962 | | | | 11,285 | |
187678597.SRDLC, 28.49%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,994 | | | | 2,004 | | | | 1,995 | |
187680243.SRDLC, 19.49%, 03/25/2025 (a)(p)(s) | | Lending Club | | | 3/29/2022 | | | | 7,765 | | | | 7,866 | | | | 841 | |
187681770.SRDLC, 22.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 570 | | | | 572 | | | | 571 | |
187683385.SRDLC, 19.49%, 03/28/2027 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 8,347 | | | | 8,422 | | | | 8,373 | |
187683918.SRDLC, 23.49%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 7,298 | | | | 7,391 | | | | 7,234 | |
187683952.SRDLC, 30.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,185 | | | | 2,197 | | | | 2,145 | |
187684046.SRDLC, 25.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 3,715 | | | | 3,750 | | | | 3,682 | |
187684901.SRDLC, 17.49%, 04/19/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 3,403 | | | | 3,420 | | | | 3,319 | |
187687190.SRDLC, 30.99%, 03/31/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 10,797 | | | | 10,937 | | | | 1,169 | |
187688454.SRDLC, 13.99%, 03/28/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 1,756 | | | | 1,764 | | | | 1,732 | |
187689256.SRDLC, 23.49%, 03/28/2027 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 3,583 | | | | 3,616 | | | | 3,657 | |
187691527.SRDLC, 16.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 5,500 | | | | 5,571 | | | | 596 | |
187692276.SRDLC, 5.00%, 03/31/2028 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 9,724 | | | | 9,851 | | | | 10,113 | |
187693942.SRDLC, 16.49%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,257 | | | | 1,263 | | | | 1,243 | |
187698352.SRDLC, 28.99%, 03/29/2025 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 721 | | | | 723 | | | | 720 | |
187698781.SRDLC, 15.49%, 03/02/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 3,879 | | | | 3,896 | | | | 3,790 | |
187699788.SRDLC, 23.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 22,312 | | | | 22,602 | | | | 2,416 | |
187700256.SRDLC, 20.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,934 | | | | 1,943 | | | | 1,885 | |
187701388.SRDLC, 28.49%, 03/22/2027 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 6,239 | | | | 6,292 | | | | 6,503 | |
187701762.SRDLC, 30.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 9,534 | | | | 9,658 | | | | 1,032 | |
187705680.SRDLC, 28.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,802 | | | | 1,811 | | | | 1,812 | |
187708178.SRDLC, 30.49%, 04/03/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,593 | | | | 1,601 | | | | 1,569 | |
187708340.SRDLC, 30.99%, 05/15/2028 (a)(p)(s) | | Lending Club | | | 4/13/2022 | | | | 9,154 | | | | 9,273 | | | | 8,763 | |
187708889.SRDLC, 20.49%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 17,886 | | | | 18,049 | | | | 17,549 | |
187709072.SRDLC, 30.99%, 10/15/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 8,914 | | | | 9,030 | | | | 965 | |
187711920.SRDLC, 28.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,201 | | | | 1,207 | | | | 1,208 | |
187711960.SRDLC, 21.49%, 03/30/2027 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 5,659 | | | | 5,705 | | | | 5,642 | |
187712696.SRDLC, 28.99%, 07/28/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 2,556 | | | | 2,589 | | | | 2,547 | |
187715822.SRDLC, 30.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 11,500 | | | | 11,612 | | | | 12,116 | |
187716768.SRDLC, 28.49%, 03/29/2025 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 519 | | | | 524 | | | | 517 | |
187717342.SRDLC, 15.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,787 | | | | 1,795 | | | | 1,768 | |
187720227.SRDLC, 30.99%, 03/28/2026 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,509 | | | | 1,520 | | | | 1,561 | |
187721287.SRDLC, 14.04%, 03/09/2026 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,818 | | | | 1,830 | | | | 1,770 | |
187721323.SRDLC, 21.74%, 08/15/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 3,648 | | | | 3,695 | | | | 3,064 | |
187724339.SRDLC, 30.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,974 | | | | 1,985 | | | | 1,938 | |
187725925.SRDLC, 25.24%, 04/05/2026 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 4,613 | | | | 4,673 | | | | 500 | |
187726884.SRDLC, 23.49%, 03/28/2027 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 4,299 | | | | 4,339 | | | | 4,389 | |
187727906.SRDLC, 29.74%, 03/28/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 2,218 | | | | 2,239 | | | | 2,222 | |
187729933.SRDLC, 30.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 3,833 | | | | 3,871 | | | | 3,897 | |
187730016.SRDLC, 26.49%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 706 | | | | 709 | | | | 707 | |
187730103.SRDLC, 30.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 2,850 | | | | 2,865 | | | | 2,866 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
52
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187732651.SRDLC, 15.00%, 08/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | $ | 5,889 | | | $ | 5,948 | | | $ | 4,442 | |
187733555.SRDLC, 30.99%, 05/29/2028 (a)(p)(s) | | Lending Club | | | 3/31/2022 | | | | 13,375 | | | | 13,549 | | | | 3,437 | |
187734013.SRDLC, 24.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 384 | | | | 386 | | | | 384 | |
187734606.SRDLC, 30.99%, 03/28/2027 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 3,768 | | | | 3,801 | | | | 3,958 | |
187734741.SRDLC, 22.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,515 | | | | 1,522 | | | | 1,514 | |
187737195.SRDLC, 10.00%, 08/28/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 987 | | | | 1,000 | | | | 968 | |
187737593.SRDLC, 28.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 2,003 | | | | 2,013 | | | | 2,009 | |
187738310.SRDLC, 30.99%, 03/10/2027 (a)(p)(s) | | Lending Club | | | 3/31/2022 | | | | 6,256 | | | | 6,317 | | | | 6,335 | |
187738813.SRDLC, 18.99%, 08/31/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 12,100 | | | | 12,234 | | | | 11,919 | |
187739186.SRDLC, 28.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 9,089 | | | | 9,176 | | | | 9,578 | |
187740004.SRDLC, 17.99%, 03/15/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,903 | | | | 1,912 | | | | 1,878 | |
187740151.SRDLC, 22.74%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,215 | | | | 1,221 | | | | 1,218 | |
187740881.SRDLC, 22.49%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 2,274 | | | | 2,285 | | | | 2,256 | |
187741210.SRDLC, 30.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 6,108 | | | | 6,139 | | | | 6,141 | |
187742712.SRDLC, 30.99%, 04/17/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 5,855 | | | | 5,917 | | | | 5,966 | |
187743339.SRDLC, 14.49%, 03/18/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,825 | | | | 1,833 | | | | 1,800 | |
187744064.SRDLC, 18.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 5,878 | | | | 5,905 | | | | 5,833 | |
187744547.SRDLC, 28.49%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 598 | | | | 601 | | | | 601 | |
187744622.SRDLC, 20.49%, 03/15/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 4,105 | | | | 4,159 | | | | 445 | |
187746188.SRDLC, 19.49%, 04/01/2025 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 3,368 | | | | 3,384 | | | | 3,267 | |
187746746.SRDLC, 28.49%, 03/28/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 2,884 | | | | 2,921 | | | | 312 | |
187746983.SRDLC, 23.99%, 03/31/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 1,545 | | | | 1,552 | | | | 1,539 | |
187749050.SRDLC, 30.99%, 09/28/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 4,909 | | | | 4,959 | | | | 5,081 | |
187749843.SRDLC, 25.99%, 07/31/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 11,637 | | | | 11,788 | | | | 2,247 | |
187751211.SRDLC, 30.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 223 | | | | 226 | | | | 24 | |
187751530.SRDLC, 18.49%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 3,525 | | | | 3,556 | | | | 3,288 | |
187752645.SRDLC, 26.99%, 03/28/2024 (a)(p)(s)(t) | | Lending Club | | | 3/30/2022 | | | | 2,623 | | | | 2,658 | | | | 284 | |
187754067.SRDLC, 17.49%, 03/28/2026 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 2,931 | | | | 2,946 | | | | 2,880 | |
187754377.SRDLC, 28.49%, 03/28/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 3,977 | | | | 3,997 | | | | 3,993 | |
187755875.SRDLC, 17.49%, 03/28/2025 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 1,272 | | | | 1,289 | | | | 246 | |
187756826.SRDLC, 17.99%, 04/10/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 2,436 | | | | 2,448 | | | | 2,383 | |
187758892.SRDLC, 20.49%, 03/29/2025 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 3,723 | | | | 3,740 | | | | 3,676 | |
187760320.SRDLC, 27.49%, 03/01/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 9,041 | | | | 9,127 | | | | 9,305 | |
187762428.SRDLC, 30.49%, 04/20/2027 (a)(p)(s) | | Lending Club | | | 4/7/2022 | | | | 5,591 | | | | 5,650 | | | | 5,691 | |
187763202.SRDLC, 22.99%, 03/28/2025 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 2,664 | | | | 2,677 | | | | 2,670 | |
187764071.SRDLC, 19.49%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,771 | | | | 1,779 | | | | 1,749 | |
187764471.SRDLC, 22.49%, 05/13/2025 (a)(s) | | Lending Club | | | 4/14/2022 | | | | 10,250 | | | | 10,303 | | | | 9,995 | |
187764798.SRDLC, 22.99%, 03/29/2025 (a)(s) | | Lending Club | | | 3/31/2022 | | | | 3,045 | | | | 3,059 | | | | 3,035 | |
187765326.SRDLC, 30.99%, 03/28/2027 (a)(p)(s) | | Lending Club | | | 3/30/2022 | | | | 5,288 | | | | 5,357 | | | | 573 | |
187765977.SRDLC, 19.49%, 04/15/2027 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 7,220 | | | | 7,286 | | | | 7,059 | |
187766134.SRDLC, 24.99%, 03/28/2027 (a)(s) | | Lending Club | | | 3/30/2022 | | | | 9,416 | | | | 9,504 | | | | 9,565 | |
187767443.SRDLC, 30.99%, 10/29/2027 (a)(p)(s) | | Lending Club | | | 3/31/2022 | | | | 6,730 | | | | 6,818 | | | | 1,752 | |
187768851.SRDLC, 15.00%, 10/05/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 5,645 | | | | 5,699 | | | | 5,354 | |
187770730.SRDLC, 19.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,668 | | | | 1,675 | | | | 1,647 | |
187770978.SRDLC, 30.49%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 3,169 | | | | 3,210 | | | | 597 | |
187771530.SRDLC, 15.99%, 09/18/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 11,498 | | | | 11,648 | | | | 1,975 | |
187771765.SRDLC, 30.99%, 03/20/2025 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 587 | | | | 590 | | | | 584 | |
187772030.SRDLC, 30.49%, 04/21/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 9,436 | | | | 9,559 | | | | 1,022 | |
187772301.SRDLC, 30.99%, 03/30/2027 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 3,361 | | | | 3,363 | | | | 3,393 | |
187773011.SRDLC, 13.19%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 16,908 | | | | 16,908 | | | | 16,477 | |
187776367.SRDLC, 22.74%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 3,070 | | | | 3,110 | | | | 332 | |
187777756.SRDLC, 30.99%, 03/12/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 4,171 | | | | 4,222 | | | | 4,253 | |
187778653.SRDLC, 30.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 338 | | | | 343 | | | | 37 | |
187779942.SRDLC, 30.99%, 08/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 2,409 | | | | 2,440 | | | | 261 | |
187780414.SRDLC, 18.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 2,204 | | | | 2,214 | | | | 2,177 | |
187780746.SRDLC, 21.49%, 03/30/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 5,742 | | | | 5,815 | | | | 3,110 | |
187781026.SRDLC, 17.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,820 | | | | 1,828 | | | | 1,793 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
53
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187781877.SRDLC, 15.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | $ | 775 | | | $ | 778 | | | $ | 756 | |
187782545.SRDLC, 16.99%, 03/30/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 10,230 | | | | 10,324 | | | | 9,639 | |
187784224.SRDLC, 22.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,522 | | | | 1,529 | | | | 1,520 | |
187784777.SRDLC, 28.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 2,614 | | | | 2,628 | | | | 2,556 | |
187786026.SRDLC, 30.99%, 03/30/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 4,605 | | | | 4,653 | | | | 4,650 | |
187789570.SRDLC, 22.49%, 08/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,581 | | | | 1,602 | | | | 1,178 | |
187790872.SRDLC, 30.99%, 03/02/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 4,611 | | | | 4,661 | | | | 4,660 | |
187793076.SRDLC, 28.99%, 04/18/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 2,074 | | | | 2,101 | | | | 225 | |
187793104.SRDLC, 28.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 6,490 | | | | 6,575 | | | | 703 | |
187794659.SRDLC, 15.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,356 | | | | 1,362 | | | | 1,323 | |
187795721.SRDLC, 7.49%, 04/13/2025 (a)(s) | | Lending Club | | | 4/15/2022 | | | | 3,944 | | | | 3,944 | | | | 3,869 | |
187796391.SRDLC, 27.99%, 04/15/2025 (a)(s) | | Lending Club | | | 4/1/2022 | | | | 444 | | | | 448 | | | | 436 | |
187799361.SRDLC, 16.99%, 03/31/2027 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 8,868 | | | | 8,946 | | | | 8,244 | |
187800170.SRDLC, 30.99%, 03/05/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,247 | | | | 1,254 | | | | 1,222 | |
187801163.SRDLC, 21.99%, 10/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 5,320 | | | | 5,383 | | | | 5,102 | |
187803166.SRDLC, 19.49%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 921 | | | | 925 | | | | 909 | |
187804147.SRDLC, 22.99%, 03/30/2025 (a)(p)(s) | | Lending Club | | | 4/1/2022 | | | | 1,141 | | | | 1,147 | | | | 1,140 | |
187804192.SRDLC, 6.99%, 04/06/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 3,033 | | | | 3,033 | | | | 2,975 | |
187812184.SRDLC, 28.99%, 04/06/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 926 | | | | 938 | | | | 773 | |
187813470.SRDLC, 30.99%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 2,287 | | | | 2,317 | | | | 248 | |
187814662.SRDLC, 30.99%, 04/08/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 3,845 | | | | 3,883 | | | | 3,904 | |
187815910.SRDLC, 26.99%, 04/18/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 6,642 | | | | 6,676 | | | | 6,539 | |
187816052.SRDLC, 28.49%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 3,408 | | | | 3,453 | | | | 369 | |
187817752.SRDLC, 22.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,646 | | | | 1,654 | | | | 1,615 | |
187820470.SRDLC, 20.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 809 | | | | 813 | | | | 789 | |
187821270.SRDLC, 30.49%, 04/15/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,801 | | | | 1,810 | | | | 1,776 | |
187821300.SRDLC, 30.49%, 04/07/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,324 | | | | 1,331 | | | | 1,299 | |
187823371.SRDLC, 30.99%, 04/13/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 11,719 | | | | 11,854 | | | | 11,845 | |
187824476.SRDLC, 21.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 5,320 | | | | 5,366 | | | | 5,171 | |
187830962.SRDLC, 12.54%, 04/20/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,660 | | | | 2,670 | | | | 2,600 | |
187832105.SRDLC, 30.99%, 05/28/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 11,160 | | | | 11,269 | | | | 11,597 | |
187832338.SRDLC, 22.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 6,171 | | | | 6,202 | | | | 6,056 | |
187833165.SRDLC, 30.99%, 04/15/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 4,701 | | | | 4,751 | | | | 4,755 | |
187835742.SRDLC, 15.49%, 04/07/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 5,363 | | | | 5,433 | | | | 581 | |
187836068.SRDLC, 30.99%, 04/19/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 6,989 | | | | 7,080 | | | | 320 | |
187838477.SRDLC, 30.99%, 04/15/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 7,452 | | | | 7,549 | | | | 807 | |
187840012.SRDLC, 19.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,438 | | | | 1,445 | | | | 1,402 | |
187843197.SRDLC, 11.99%, 04/19/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 12,978 | | | | 12,978 | | | | 1,965 | |
187843892.SRDLC, 24.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,673 | | | | 1,682 | | | | 1,642 | |
187844022.SRDLC, 30.99%, 04/10/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 11,631 | | | | 11,780 | | | | 11,834 | |
187844865.SRDLC, 20.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,208 | | | | 1,214 | | | | 1,178 | |
187845740.SRDLC, 30.99%, 04/30/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 6,733 | | | | 6,821 | | | | 729 | |
187846033.SRDLC, 17.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,563 | | | | 2,575 | | | | 2,500 | |
187847354.SRDLC, 25.99%, 09/04/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 21,650 | | | | 21,932 | | | | 2,345 | |
187847388.SRDLC, 13.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,713 | | | | 1,721 | | | | 1,671 | |
187847747.SRDLC, 5.00%, 04/04/2026 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 2,482 | | | | 2,482 | | | | 2,382 | |
187848474.SRDLC, 30.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 790 | | | | 794 | | | | 776 | |
187849309.SRDLC, 28.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 5,190 | | | | 5,208 | | | | 5,080 | |
187850176.SRDLC, 28.49%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 2,451 | | | | 2,483 | | | | 265 | |
187850551.SRDLC, 30.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,000 | | | | 2,004 | | | | 1,962 | |
187851090.SRDLC, 23.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,241 | | | | 1,257 | | | | 1,213 | |
187852320.SRDLC, 26.49%, 04/18/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 9,110 | | | | 9,198 | | | | 9,001 | |
187853969.SRDLC, 29.99%, 04/08/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 7,278 | | | | 7,373 | | | | 788 | |
187854140.SRDLC, 20.49%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 10,366 | | | | 10,448 | | | | 10,171 | |
187854697.SRDLC, 22.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 3,609 | | | | 3,642 | | | | 3,576 | |
187855775.SRDLC, 26.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 871 | | | | 876 | | | | 855 | |
187857140.SRDLC, 15.00%, 11/18/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 4,260 | | | | 4,314 | | | | 4,249 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
54
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187857517.SRDLC, 17.99%, 04/10/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | $ | 1,200 | | | $ | 1,212 | | | $ | 1,169 | |
187857930.SRDLC, 30.99%, 04/12/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 4,497 | | | | 4,522 | | | | 4,425 | |
187858022.SRDLC, 17.74%, 04/19/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,019 | | | | 2,029 | | | | 1,969 | |
187859053.SRDLC, 17.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,183 | | | | 1,188 | | | | 1,154 | |
187859227.SRDLC, 20.49%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 3,006 | | | | 3,045 | | | | 759 | |
187859323.SRDLC, 30.99%, 05/25/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 11,088 | | | | 11,197 | | | | 11,512 | |
187859532.SRDLC, 20.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,023 | | | | 2,033 | | | | 1,972 | |
187859602.SRDLC, 30.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 438 | | | | 441 | | | | 430 | |
187861515.SRDLC, 30.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 5,377 | | | | 5,398 | | | | 5,444 | |
187862773.SRDLC, 28.49%, 04/19/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 3,148 | | | | 3,165 | | | | 3,111 | |
187863084.SRDLC, 30.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 439 | | | | 441 | | | | 431 | |
187864635.SRDLC, 24.99%, 01/20/2026 (a)(p)(s) | | Lending Club | | | 4/7/2022 | | | | 4,096 | | | | 4,148 | | | | 3,752 | |
187864708.SRDLC, 27.99%, 04/19/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 13,787 | | | | 13,946 | | | | 14,123 | |
187865693.SRDLC, 15.74%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 6,653 | | | | 6,722 | | | | 6,492 | |
187865773.SRDLC, 17.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,839 | | | | 2,852 | | | | 2,769 | |
187865865.SRDLC, 30.99%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 1,115 | | | | 1,130 | | | | 0 | |
187866166.SRDLC, 30.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 11,500 | | | | 11,612 | | | | 11,692 | |
187866389.SRDLC, 30.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 3,833 | | | | 3,871 | | | | 3,897 | |
187869709.SRDLC, 28.99%, 04/15/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 15,058 | | | | 15,254 | | | | 1,631 | |
187871047.SRDLC, 30.99%, 04/09/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,672 | | | | 2,686 | | | | 2,624 | |
187871605.SRDLC, 30.99%, 04/04/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 19,876 | | | | 20,134 | | | | 12,337 | |
187872598.SRDLC, 30.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 659 | | | | 666 | | | | 645 | |
187873132.SRDLC, 17.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 793 | | | | 795 | | | | 778 | |
187873200.SRDLC, 17.99%, 10/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 2,652 | | | | 2,686 | | | | 335 | |
187873238.SRDLC, 25.99%, 04/17/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 3,810 | | | | 3,857 | | | | 3,737 | |
187873507.SRDLC, 28.74%, 04/10/2026 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 6,383 | | | | 6,431 | | | | 6,427 | |
187875633.SRDLC, 18.99%, 10/27/2027 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 25,776 | | | | 25,776 | | | | 2,791 | |
187875778.SRDLC, 6.79%, 04/15/2025 (a)(s) | | Lending Club | | | 4/19/2022 | | | | 6,054 | | | | 6,054 | | | | 5,905 | |
187876607.SRDLC, 15.99%, 04/19/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 1,362 | | | | 1,379 | | | | 342 | |
187876882.SRDLC, 20.49%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 7,154 | | | | 7,219 | | | | 7,020 | |
187877543.SRDLC, 26.49%, 04/19/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 10,236 | | | | 10,369 | | | | 1,109 | |
187878586.SRDLC, 6.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,953 | | | | 1,953 | | | | 1,916 | |
187883261.SRDLC, 16.99%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,959 | | | | 1,968 | | | | 1,906 | |
187887142.SRDLC, 24.49%, 04/04/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 6,124 | | | | 6,204 | | | | 3,504 | |
187887270.SRDLC, 25.49%, 04/15/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 4,248 | | | | 4,270 | | | | 4,175 | |
187887355.SRDLC, 30.49%, 04/05/2027 (a)(p)(s) | | Lending Club | | | 4/7/2022 | | | | 11,277 | | | | 11,424 | | | | 7,251 | |
187887520.SRDLC, 26.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 11,218 | | | | 11,218 | | | | 10,977 | |
187890698.SRDLC, 17.99%, 04/19/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 2,201 | | | | 2,212 | | | | 2,151 | |
187891190.SRDLC, 24.99%, 04/06/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 3,691 | | | | 3,725 | | | | 3,662 | |
187895127.SRDLC, 27.99%, 04/15/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,838 | | | | 1,848 | | | | 1,806 | |
187899203.SRDLC, 24.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 8,979 | | | | 9,019 | | | | 8,813 | |
187899456.SRDLC, 30.99%, 04/21/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 17,436 | | | | 17,436 | | | | 17,873 | |
187899525.SRDLC, 24.99%, 04/07/2025 (a)(s) | | Lending Club | | | 4/11/2022 | | | | 2,091 | | | | 2,102 | | | | 2,056 | |
187899555.SRDLC, 19.99%, 04/06/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 2,657 | | | | 2,670 | | | | 2,592 | |
187902334.SRDLC, 30.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 3,949 | | | | 3,970 | | | | 3,879 | |
187903235.SRDLC, 30.99%, 02/03/2028 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 4,521 | | | | 4,580 | | | | 4,318 | |
187903875.SRDLC, 17.99%, 04/05/2025 (a)(p)(s) | | Lending Club | | | 4/7/2022 | | | | 1,077 | | | | 1,091 | | | | 117 | |
187903936.SRDLC, 29.99%, 04/10/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 4,137 | | | | 4,191 | | | | 448 | |
187904645.SRDLC, 23.99%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 6,152 | | | | 6,152 | | | | 666 | |
187904786.SRDLC, 30.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 1,312 | | | | 1,316 | | | | 1,288 | |
187905066.SRDLC, 24.99%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 3,012 | | | | 3,027 | | | | 2,956 | |
187905484.SRDLC, 26.74%, 10/28/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 12,284 | | | | 12,408 | | | | 12,334 | |
187906366.SRDLC, 30.99%, 04/05/2025 (a)(p)(s) | | Lending Club | | | 4/7/2022 | | | | 12,492 | | | | 12,655 | | | | 1,353 | |
187907513.SRDLC, 28.49%, 04/05/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 8,305 | | | | 8,385 | | | | 8,450 | |
187909377.SRDLC, 13.19%, 04/01/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,450 | | | | 2,450 | | | | 2,371 | |
187910262.SRDLC, 15.99%, 04/04/2025 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 4,254 | | | | 4,310 | | | | 461 | |
187911176.SRDLC, 30.99%, 04/15/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 7,434 | | | | 7,531 | | | | 805 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
55
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
187914262.SRDLC, 30.99%, 04/05/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | $ | 15,333 | | | $ | 15,483 | | | $ | 15,600 | |
187916897.SRDLC, 30.99%, 04/05/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 6,440 | | | | 6,465 | | | | 6,552 | |
187917757.SRDLC, 23.49%, 04/06/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 9,190 | | | | 9,310 | | | | 995 | |
187920689.SRDLC, 25.49%, 04/15/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 5,245 | | | | 5,297 | | | | 5,202 | |
187923397.SRDLC, 30.99%, 04/16/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 11,723 | | | | 11,845 | | | | 11,931 | |
187925186.SRDLC, 25.99%, 04/05/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 5,949 | | | | 6,026 | | | | 5,867 | |
187925702.SRDLC, 23.99%, 04/08/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,664 | | | | 1,664 | | | | 1,605 | |
187926595.SRDLC, 22.99%, 04/06/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 2,959 | | | | 2,997 | | | | 320 | |
187926631.SRDLC, 26.74%, 04/05/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 11,200 | | | | 11,307 | | | | 11,396 | |
187926998.SRDLC, 7.99%, 04/30/2025 (a)(p)(s) | | Lending Club | | | 4/19/2022 | | | | 4,368 | | | | 4,368 | | | | 4,269 | |
187930630.SRDLC, 27.99%, 04/20/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 2,218 | | | | 2,230 | | | | 2,193 | |
187934515.SRDLC, 30.99%, 11/20/2025 (a)(p)(s) | | Lending Club | | | 4/7/2022 | | | | 11,870 | | | | 12,024 | | | | 1,286 | |
187936291.SRDLC, 16.49%, 04/05/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 3,472 | | | | 3,502 | | | | 3,240 | |
187936598.SRDLC, 28.99%, 04/15/2024 (a)(p)(s)(t) | | Lending Club | | | 4/7/2022 | | | | 3,900 | | | | 3,950 | | | | 422 | |
187939812.SRDLC, 14.24%, 04/06/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 1,716 | | | | 1,724 | | | | 1,676 | |
187940222.SRDLC, 23.49%, 09/19/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 14,960 | | | | 15,136 | | | | 14,419 | |
187941246.SRDLC, 22.74%, 04/06/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 410 | | | | 412 | | | | 403 | |
187941261.SRDLC, 30.99%, 04/06/2027 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 21,860 | | | | 22,145 | | | | 2,630 | |
187943954.SRDLC, 9.99%, 08/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 26,926 | | | | 26,926 | | | | 19,856 | |
187945171.SRDLC, 30.99%, 04/06/2027 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 9,914 | | | | 10,036 | | | | 10,090 | |
187948199.SRDLC, 30.99%, 04/13/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 7,775 | | | | 7,852 | | | | 7,901 | |
187948779.SRDLC, 30.99%, 04/13/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 5,763 | | | | 5,777 | | | | 5,774 | |
187953821.SRDLC, 19.99%, 04/19/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 2,032 | | | | 2,054 | | | | 1,986 | |
187953962.SRDLC, 11.99%, 04/14/2027 (a)(s) | | Lending Club | | | 4/18/2022 | | | | 2,143 | | | | 2,143 | | | | 2,064 | |
187961524.SRDLC, 30.99%, 04/15/2026 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 10,683 | | | | 10,822 | | | | 1,157 | |
187969294.SRDLC, 25.49%, 04/06/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 1,260 | | | | 1,265 | | | | 1,238 | |
187973616.SRDLC, 13.19%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,700 | | | | 1,700 | | | | 1,656 | |
187973884.SRDLC, 9.69%, 04/27/2027 (a)(p)(s) | | Lending Club | | | 4/29/2022 | | | | 13,447 | | | | 13,447 | | | | 12,932 | |
187974382.SRDLC, 24.49%, 04/06/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 5,150 | | | | 5,198 | | | | 5,082 | |
187975935.SRDLC, 20.49%, 04/26/2025 (a)(s) | | Lending Club | | | 4/28/2022 | | | | 3,629 | | | | 3,629 | | | | 3,570 | |
187978396.SRDLC, 30.49%, 04/01/2027 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 4,709 | | | | 4,770 | | | | 778 | |
187978760.SRDLC, 30.99%, 04/06/2027 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 5,337 | | | | 5,406 | | | | 578 | |
187978875.SRDLC, 23.49%, 04/16/2025 (a)(p)(s) | | Lending Club | | | 4/11/2022 | | | | 9,074 | | | | 9,074 | | | | 983 | |
187979553.SRDLC, 30.99%, 04/06/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 790 | | | | 794 | | | | 776 | |
187981341.SRDLC, 21.49%, 04/06/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 3,453 | | | | 3,484 | | | | 3,387 | |
187981645.SRDLC, 30.99%, 04/15/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 3,713 | | | | 3,733 | | | | 3,652 | |
187982842.SRDLC, 19.49%, 04/01/2025 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 427 | | | | 429 | | | | 416 | |
187982886.SRDLC, 15.00%, 12/30/2027 (a)(p)(s) | | Lending Club | | | 4/6/2022 | | | | 19,397 | | | | 19,397 | | | | 15,806 | |
187983448.SRDLC, 28.99%, 04/20/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 3,627 | | | | 3,675 | | | | 393 | |
187984127.SRDLC, 18.49%, 04/06/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 11,280 | | | | 11,381 | | | | 10,529 | |
187984198.SRDLC, 9.69%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 13,134 | | | | 13,134 | | | | 12,636 | |
187984558.SRDLC, 17.99%, 04/06/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 643 | | | | 651 | | | | 70 | |
187999901.SRDLC, 5.00%, 04/04/2026 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 2,691 | | | | 2,691 | | | | 2,606 | |
188003565.SRDLC, 13.19%, 04/04/2027 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 14,203 | | | | 14,203 | | | | 13,841 | |
188003641.SRDLC, 7.59%, 04/05/2027 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 25,788 | | | | 25,788 | | | | 24,792 | |
188018369.SRDLC, 14.49%, 04/04/2025 (a)(s) | | Lending Club | | | 4/6/2022 | | | | 1,680 | | | | 1,680 | | | | 1,629 | |
188028189.SRDLC, 12.19%, 04/12/2025 (a)(s) | | Lending Club | | | 4/14/2022 | | | | 1,469 | | | | 1,469 | | | | 1,430 | |
188047484.SRDLC, 9.69%, 04/05/2025 (a)(s) | | Lending Club | | | 4/7/2022 | | | | 5,489 | | | | 5,489 | | | | 5,379 | |
188048867.SRDLC, 11.99%, 04/12/2025 (a)(s) | | Lending Club | | | 4/14/2022 | | | | 7,831 | | | | 7,831 | | | | 7,676 | |
188063554.SRDLC, 14.19%, 04/05/2025 (a)(p)(s) | | Lending Club | | | 4/7/2022 | | | | 1,008 | | | | 1,008 | | | | 979 | |
188071537.SRDLC, 14.99%, 04/13/2027 (a)(s) | | Lending Club | | | 4/11/2022 | | | | 16,030 | | | | 16,030 | | | | 15,558 | |
188077112.SRDLC, 7.49%, 04/06/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 6,316 | | | | 6,316 | | | | 6,253 | |
188093871.SRDLC, 13.19%, 04/21/2027 (a)(s) | | Lending Club | | | 4/8/2022 | | | | 10,682 | | | | 10,682 | | | | 10,431 | |
188101498.SRDLC, 23.99%, 04/07/2027 (a)(p)(s) | | Lending Club | | | 4/11/2022 | | | | 22,189 | | | | 22,189 | | | | 2,403 | |
188111080.SRDLC, 22.49%, 04/18/2025 (a)(p)(s) | | Lending Club | | | 4/20/2022 | | | | 11,197 | | | | 11,197 | | | | 1,213 | |
188115513.SRDLC, 7.49%, 04/07/2025 (a)(s) | | Lending Club | | | 4/11/2022 | | | | 1,075 | | | | 1,075 | | | | 1,055 | |
188116171.SRDLC, 10.99%, 09/15/2025 (a)(p)(s) | | Lending Club | | | 4/8/2022 | | | | 5,076 | | | | 5,076 | | | | 1,226 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
56
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
188118276.SRDLC, 14.09%, 04/29/2027 (a)(s) | | Lending Club | | | 4/12/2022 | | | $ | 20,761 | | | $ | 20,761 | | | $ | 19,794 | |
188125168.SRDLC, 7.99%, 04/22/2025 (a)(s) | | Lending Club | | | 4/11/2022 | | | | 9,049 | | | | 9,049 | | | | 8,819 | |
188135932.SRDLC, 25.99%, 04/07/2027 (a)(s) | | Lending Club | | | 4/11/2022 | | | | 5,944 | | | | 5,944 | | | | 5,830 | |
188141825.SRDLC, 16.99%, 04/15/2025 (a)(s) | | Lending Club | | | 4/11/2022 | | | | 2,377 | | | | 2,377 | | | | 2,290 | |
188151431.SRDLC, 6.49%, 04/18/2025 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 3,409 | | | | 3,409 | | | | 3,344 | |
188152374.SRDLC, 6.49%, 04/08/2025 (a)(s) | | Lending Club | | | 4/12/2022 | | | | 7,102 | | | | 7,102 | | | | 6,968 | |
188154421.SRDLC, 6.59%, 04/07/2027 (a)(s) | | Lending Club | | | 4/11/2022 | | | | 9,264 | | | | 9,264 | | | | 8,908 | |
188155614.SRDLC, 12.49%, 04/27/2025 (a)(s) | | Lending Club | | | 4/29/2022 | | | | 1,877 | | | | 1,877 | | | | 1,837 | |
188157838.SRDLC, 9.99%, 04/01/2027 (a)(s) | | Lending Club | | | 4/18/2022 | | | | 9,223 | | | | 9,223 | | | | 8,891 | |
188176512.SRDLC, 21.49%, 04/15/2027 (a)(p)(s) | | Lending Club | | | 4/19/2022 | | | | 15,250 | | | | 15,250 | | | | 2,438 | |
188177085.SRDLC, 7.09%, 04/08/2025 (a)(s) | | Lending Club | | | 4/12/2022 | | | | 4,107 | | | | 4,107 | | | | 4,029 | |
188180448.SRDLC, 8.99%, 04/11/2025 (a)(p)(s) | | Lending Club | | | 4/13/2022 | | | | 6,316 | | | | 6,316 | | | | 1,622 | |
188180458.SRDLC, 13.19%, 10/20/2027 (a)(s) | | Lending Club | | | 4/12/2022 | | | | 12,042 | | | | 12,042 | | | | 11,584 | |
188180817.SRDLC, 9.69%, 04/18/2027 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 13,134 | | | | 13,134 | | | | 12,648 | |
188186855.SRDLC, 6.59%, 04/11/2025 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 2,133 | | | | 2,133 | | | | 2,077 | |
188187819.SRDLC, 23.99%, 04/08/2027 (a)(p)(s) | | Lending Club | | | 4/12/2022 | | | | 7,160 | | | | 7,160 | | | | 775 | |
188192898.SRDLC, 23.49%, 04/13/2027 (a)(p)(s) | | Lending Club | | | 4/15/2022 | | | | 18,374 | | | | 18,374 | | | | 1,990 | |
188196917.SRDLC, 22.49%, 04/10/2027 (a)(p)(s) | | Lending Club | | | 4/13/2022 | | | | 16,022 | | | | 16,022 | | | | 1,735 | |
188200624.SRDLC, 7.59%, 04/11/2027 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 10,960 | | | | 10,960 | | | | 10,543 | |
188202504.SRDLC, 18.19%, 04/01/2027 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 6,986 | | | | 6,986 | | | | 6,653 | |
188208257.SRDLC, 14.49%, 04/17/2025 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 699 | | | | 699 | | | | 685 | |
188210936.SRDLC, 9.29%, 04/11/2025 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 5,651 | | | | 5,651 | | | | 5,513 | |
188212079.SRDLC, 7.59%, 04/30/2025 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 2,903 | | | | 2,903 | | | | 2,823 | |
188214895.SRDLC, 10.00%, 11/21/2025 (a)(s) | | Lending Club | | | 4/14/2022 | | | | 10,215 | | | | 10,215 | | | | 9,722 | |
188214926.SRDLC, 16.19%, 04/11/2027 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 3,741 | | | | 3,741 | | | | 3,569 | |
188232511.SRDLC, 4.99%, 04/20/2025 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 3,191 | | | | 3,191 | | | | 3,144 | |
188241974.SRDLC, 26.79%, 04/27/2027 (a)(p)(s) | | Lending Club | | | 4/29/2022 | | | | 6,086 | | | | 6,086 | | | | 659 | |
188242926.SRDLC, 22.49%, 05/16/2027 (a)(p)(s) | | Lending Club | | | 5/11/2022 | | | | 13,661 | | | | 13,661 | | | | 13,096 | |
188243266.SRDLC, 12.99%, 04/11/2027 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 10,128 | | | | 10,128 | | | | 9,841 | |
188245083.SRDLC, 18.99%, 04/11/2027 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 22,788 | | | | 22,788 | | | | 21,857 | |
188262303.SRDLC, 8.99%, 04/11/2025 (a)(p)(s) | | Lending Club | | | 4/13/2022 | | | | 947 | | | | 947 | | | | 929 | |
188269841.SRDLC, 14.99%, 04/15/2027 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 17,204 | | | | 17,204 | | | | 16,392 | |
188271685.SRDLC, 5.09%, 04/11/2025 (a)(s) | | Lending Club | | | 4/13/2022 | | | | 2,102 | | | | 2,102 | | | | 2,050 | |
188272070.SRDLC, 7.59%, 04/22/2025 (a)(p)(s) | | Lending Club | | | 4/14/2022 | | | | 4,796 | | | | 4,796 | | | | 1,283 | |
188306165.SRDLC, 14.19%, 04/12/2025 (a)(p)(s) | | Lending Club | | | 4/14/2022 | | | | 6,296 | | | | 6,296 | | | | 682 | |
188317069.SRDLC, 20.99%, 04/19/2027 (a)(s) | | Lending Club | | | 4/21/2022 | | | | 8,616 | | | | 8,616 | | | | 8,306 | |
188317779.SRDLC, 6.99%, 04/20/2027 (a)(s) | | Lending Club | | | 4/18/2022 | | | | 6,552 | | | | 6,552 | | | | 6,330 | |
188334977.SRDLC, 8.99%, 04/15/2025 (a)(s) | | Lending Club | | | 4/15/2022 | | | | 10,914 | | | | 10,914 | | | | 10,632 | |
188335663.SRDLC, 16.99%, 04/23/2025 (a)(s) | | Lending Club | | | 4/15/2022 | | | | 3,174 | | | | 3,174 | | | | 3,106 | |
188348223.SRDLC, 25.99%, 04/16/2027 (a)(p)(s) | | Lending Club | | | 4/15/2022 | | | | 12,558 | | | | 12,558 | | | | 2,954 | |
188369317.SRDLC, 10.00%, 04/22/2027 (a)(s) | | Lending Club | | | 4/26/2022 | | | | 23,705 | | | | 23,705 | | | | 22,839 | |
188382495.SRDLC, 10.59%, 04/14/2027 (a)(s) | | Lending Club | | | 4/18/2022 | | | | 16,545 | | | | 16,545 | | | | 15,933 | |
188383621.SRDLC, 17.19%, 04/14/2027 (a)(s) | | Lending Club | | | 4/18/2022 | | | | 4,468 | | | | 4,468 | | | | 4,326 | |
188396800.SRDLC, 10.89%, 04/30/2025 (a)(s) | | Lending Club | | | 4/22/2022 | | | | 11,719 | | | | 11,719 | | | | 11,404 | |
188413118.SRDLC, 9.79%, 04/15/2027 (a)(p)(s) | | Lending Club | | | 4/19/2022 | | | | 2,962 | | | | 2,962 | | | | 321 | |
188414239.SRDLC, 5.99%, 04/15/2025 (a)(s) | | Lending Club | | | 4/19/2022 | | | | 1,590 | | | | 1,590 | | | | 1,560 | |
188423939.SRDLC, 6.59%, 04/15/2027 (a)(s) | | Lending Club | | | 4/19/2022 | | | | 14,684 | | | | 14,684 | | | | 14,201 | |
188429512.SRDLC, 26.79%, 04/14/2025 (a)(s) | | Lending Club | | | 4/18/2022 | | | | 1,273 | | | | 1,273 | | | | 1,247 | |
188443111.SRDLC, 9.99%, 04/18/2027 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 8,559 | | | | 8,559 | | | | 8,243 | |
188458413.SRDLC, 16.99%, 04/18/2025 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 1,954 | | | | 1,954 | | | | 1,915 | |
188459918.SRDLC, 12.49%, 04/21/2025 (a)(s) | | Lending Club | | | 4/25/2022 | | | | 8,559 | | | | 8,559 | | | | 8,354 | |
188463802.SRDLC, 15.99%, 04/22/2025 (a)(p)(s) | | Lending Club | | | 4/19/2022 | | | | 4,790 | | | | 4,790 | | | | 836 | |
188469901.SRDLC, 8.79%, 04/18/2025 (a)(p)(s) | | Lending Club | | | 4/20/2022 | | | | 17,777 | | | | 17,777 | | | | 1,925 | |
188470491.SRDLC, 7.09%, 04/25/2027 (a)(s) | | Lending Club | | | 4/27/2022 | | | | 4,646 | | | | 4,646 | | | | 4,478 | |
188486804.SRDLC, 14.69%, 04/28/2025 (a)(s) | | Lending Club | | | 5/2/2022 | | | | 957 | | | | 957 | | | | 941 | |
188494020.SRDLC, 15.19%, 04/18/2027 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 9,622 | | | | 9,622 | | | | 9,193 | |
188498586.SRDLC, 16.99%, 04/27/2025 (a)(s) | | Lending Club | | | 4/29/2022 | | | | 9,772 | | | | 9,772 | | | | 9,598 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
57
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
188506333.SRDLC, 7.59%, 04/18/2027 (a)(s) | | Lending Club | | | 4/20/2022 | | | $ | 11,604 | | | $ | 11,604 | | | $ | 11,171 | |
188508384.SRDLC, 27.79%, 04/18/2025 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 2,567 | | | | 2,567 | | | | 2,519 | |
188512606.SRDLC, 16.19%, 04/18/2025 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 4,231 | | | | 4,231 | | | | 4,145 | |
188512665.SRDLC, 16.19%, 04/18/2025 (a)(p)(s) | | Lending Club | | | 4/20/2022 | | | | 3,770 | | | | 3,770 | | | | 408 | |
188524513.SRDLC, 14.09%, 04/20/2025 (a)(p)(s) | | Lending Club | | | 4/20/2022 | | | | 10,839 | | | | 10,839 | | | | 0 | |
188524541.SRDLC, 7.59%, 04/21/2027 (a)(s) | | Lending Club | | | 4/25/2022 | | | | 7,736 | | | | 7,736 | | | | 7,452 | |
188525090.SRDLC, 7.49%, 04/21/2025 (a)(s) | | Lending Club | | | 4/25/2022 | | | | 717 | | | | 717 | | | | 703 | |
188533982.SRDLC, 14.19%, 04/18/2027 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 8,182 | | | | 8,182 | | | | 7,932 | |
188548893.SRDLC, 7.59%, 05/15/2027 (a)(s) | | Lending Club | | | 5/5/2022 | | | | 14,573 | | | | 14,573 | | | | 13,963 | |
188551734.SRDLC, 6.99%, 04/10/2025 (a)(s) | | Lending Club | | | 4/27/2022 | | | | 4,248 | | | | 4,248 | | | | 4,168 | |
188554654.SRDLC, 13.69%, 05/02/2025 (a)(p)(s) | | Lending Club | | | 5/4/2022 | | | | 663 | | | | 663 | | | | 650 | |
188560211.SRDLC, 14.19%, 04/25/2027 (a)(s) | | Lending Club | | | 4/27/2022 | | | | 8,182 | | | | 8,182 | | | | 7,949 | |
188560858.SRDLC, 15.19%, 04/25/2027 (a)(s) | | Lending Club | | | 4/27/2022 | | | | 20,619 | | | | 20,619 | | | | 19,729 | |
188566856.SRDLC, 10.99%, 04/18/2025 (a)(s) | | Lending Club | | | 4/20/2022 | | | | 3,111 | | | | 3,111 | | | | 3,017 | |
188593549.SRDLC, 27.99%, 04/20/2025 (a)(s) | | Lending Club | | | 4/22/2022 | | | | 10,365 | | | | 10,365 | | | | 10,136 | |
188597290.SRDLC, 7.49%, 04/15/2027 (a)(s) | | Lending Club | | | 4/21/2022 | | | | 19,295 | | | | 19,295 | | | | 18,666 | |
188602043.SRDLC, 23.99%, 04/25/2027 (a)(p)(s) | | Lending Club | | | 4/25/2022 | | | | 8,314 | | | | 8,314 | | | | 900 | |
188603010.SRDLC, 14.69%, 04/20/2025 (a)(p)(s) | | Lending Club | | | 4/22/2022 | | | | 2,992 | | | | 2,992 | | | | 344 | |
188610073.SRDLC, 11.99%, 04/20/2025 (a)(s) | | Lending Club | | | 4/22/2022 | | | | 561 | | | | 561 | | | | 544 | |
188620193.SRDLC, 9.99%, 04/20/2025 (a)(s) | | Lending Club | | | 4/22/2022 | | | | 2,202 | | | | 2,202 | | | | 2,159 | |
188639510.SRDLC, 23.99%, 04/21/2027 (a)(s) | | Lending Club | | | 4/25/2022 | | | | 7,332 | | | | 7,332 | | | | 7,348 | |
188643355.SRDLC, 11.99%, 04/20/2027 (a)(s) | | Lending Club | | | 4/22/2022 | | | | 10,716 | | | | 10,716 | | | | 10,119 | |
188643790.SRDLC, 11.99%, 04/20/2025 (a)(s) | | Lending Club | | | 4/22/2022 | | | | 3,738 | | | | 3,738 | | | | 3,625 | |
188651498.SRDLC, 9.99%, 04/21/2027 (a)(s) | | Lending Club | | | 4/25/2022 | | | | 5,267 | | | | 5,267 | | | | 5,074 | |
188655269.SRDLC, 9.09%, 04/20/2025 (a)(s) | | Lending Club | | | 4/22/2022 | | | | 3,639 | | | | 3,639 | | | | 3,551 | |
188663171.SRDLC, 10.89%, 04/21/2025 (a)(s) | | Lending Club | | | 4/25/2022 | | | | 5,181 | | | | 5,181 | | | | 5,080 | |
188683792.SRDLC, 14.99%, 04/25/2027 (a)(s) | | Lending Club | | | 4/27/2022 | | | | 4,803 | | | | 4,803 | | | | 4,596 | |
188683963.SRDLC, 30.99%, 04/27/2027 (a)(s) | | Lending Club | | | 4/29/2022 | | | | 14,127 | | | | 14,127 | | | | 14,544 | |
188687759.SRDLC, 14.99%, 04/22/2027 (a)(s) | | Lending Club | | | 4/26/2022 | | | | 10,293 | | | | 10,293 | | | | 9,845 | |
188691099.SRDLC, 7.59%, 04/26/2027 (a)(s) | | Lending Club | | | 4/28/2022 | | | | 12,249 | | | | 12,249 | | | | 11,803 | |
188701267.SRDLC, 17.44%, 04/21/2027 (a)(s) | | Lending Club | | | 4/25/2022 | | | | 13,988 | | | | 13,988 | | | | 13,381 | |
188705941.SRDLC, 14.99%, 04/13/2027 (a)(s) | | Lending Club | | | 4/25/2022 | | | | 13,677 | | | | 13,677 | | | | 13,057 | |
188715091.SRDLC, 23.99%, 04/22/2027 (a)(s) | | Lending Club | | | 4/26/2022 | | | | 29,328 | | | | 29,328 | | | | 29,409 | |
188726937.SRDLC, 16.99%, 04/26/2025 (a)(p)(s) | | Lending Club | | | 4/28/2022 | | | | 4,140 | | | | 4,140 | | | | 448 | |
188732658.SRDLC, 14.99%, 04/25/2027 (a)(p)(s) | | Lending Club | | | 4/27/2022 | | | | 18,048 | | | | 18,048 | | | | 1,955 | |
188737087.SRDLC, 13.49%, 04/25/2027 (a)(s) | | Lending Club | | | 4/27/2022 | | | | 27,120 | | | | 27,120 | | | | 25,676 | |
188739371.SRDLC, 12.34%, 04/21/2025 (a)(s) | | Lending Club | | | 5/2/2022 | | | | 2,241 | | | | 2,241 | | | | 2,168 | |
188761265.SRDLC, 6.59%, 04/25/2025 (a)(s) | | Lending Club | | | 4/27/2022 | | | | 3,555 | | | | 3,555 | | | | 3,469 | |
188767705.SRDLC, 30.99%, 04/25/2027 (a)(p)(s) | | Lending Club | | | 4/27/2022 | | | | 16,979 | | | | 16,979 | | | | 0 | |
188769548.SRDLC, 6.59%, 04/28/2027 (a)(s) | | Lending Club | | | 5/2/2022 | | | | 7,606 | | | | 7,606 | | | | 7,350 | |
188779064.SRDLC, 21.49%, 08/27/2025 (a)(p)(s) | | Lending Club | | | 4/29/2022 | | | | 3,162 | | | | 3,162 | | | | 342 | |
188788459.SRDLC, 10.59%, 04/11/2027 (a)(p)(s) | | Lending Club | | | 4/27/2022 | | | | 10,209 | | | | 10,209 | | | | 1,554 | |
188799399.SRDLC, 6.99%, 04/25/2025 (a)(s) | | Lending Club | | | 4/27/2022 | | | | 14,272 | | | | 14,272 | | | | 14,001 | |
188800045.SRDLC, 5.59%, 04/26/2027 (a)(s) | | Lending Club | | | 4/28/2022 | | | | 25,321 | | | | 25,321 | | | | 24,491 | |
188805410.SRDLC, 6.59%, 04/26/2025 (a)(s) | | Lending Club | | | 4/28/2022 | | | | 4,266 | | | | 4,266 | | | | 4,163 | |
188838520.SRDLC, 12.49%, 04/27/2025 (a)(s) | | Lending Club | | | 4/29/2022 | | | | 5,667 | | | | 5,667 | | | | 5,537 | |
188843204.SRDLC, 14.99%, 11/26/2027 (a)(s) | | Lending Club | | | 4/28/2022 | | | | 7,724 | | | | 7,724 | | | | 5,899 | |
188846276.SRDLC, 11.89%, 05/10/2027 (a)(s) | | Lending Club | | | 4/29/2022 | | | | 27,594 | | | | 27,594 | | | | 26,470 | |
188851082.SRDLC, 23.49%, 04/28/2027 (a)(s) | | Lending Club | | | 5/2/2022 | | | | 11,618 | | | | 11,618 | | | | 11,687 | |
188865237.SRDLC, 14.09%, 04/30/2027 (a)(p)(s) | | Lending Club | | | 5/2/2022 | | | | 6,823 | | | | 6,823 | | | | 6,500 | |
188871984.SRDLC, 22.49%, 10/27/2027 (a)(p)(s) | | Lending Club | | | 4/29/2022 | | | | 13,297 | | | | 13,297 | | | | 1,786 | |
188874439.SRDLC, 21.79%, 04/27/2025 (a)(s) | | Lending Club | | | 4/29/2022 | | | | 1,200 | | | | 1,200 | | | | 1,164 | |
188879701.SRDLC, 23.99%, 02/10/2028 (a)(p)(s) | | Lending Club | | | 4/29/2022 | | | | 21,986 | | | | 21,986 | | | | 4,944 | |
188880423.SRDLC, 21.49%, 04/30/2025 (a)(p)(s) | | Lending Club | | | 4/29/2022 | | | | 2,044 | | | | 2,044 | | | | 2,005 | |
188890261.SRDLC, 22.99%, 04/27/2025 (a)(s) | | Lending Club | | | 4/29/2022 | | | | 961 | | | | 961 | | | | 954 | |
188892512.SRDLC, 16.99%, 04/28/2025 (a)(s) | | Lending Club | | | 5/2/2022 | | | | 2,345 | | | | 2,345 | | | | 2,305 | |
188906118.SRDLC, 7.09%, 04/28/2027 (a)(s) | | Lending Club | | | 5/2/2022 | | | | 13,478 | | | | 13,478 | | | | 12,992 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
58
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
190431243.SRDLC, 30.99%, 07/20/2025 (a)(s) | | Lending Club | | | 7/7/2022 | | | $ | 2,740 | | | $ | 2,751 | | | $ | 2,687 | |
190580202.SRDLC, 20.49%, 07/20/2025 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 2,975 | | | | 2,984 | | | | 2,879 | |
190585073.SRDLC, 16.99%, 07/07/2025 (a)(p)(s) | | Lending Club | | | 7/11/2022 | | | | 17,391 | | | | 17,521 | | | | 1,883 | |
190656219.SRDLC, 21.99%, 07/21/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 3,257 | | | | 3,269 | | | | 3,154 | |
190818629.SRDLC, 24.99%, 07/15/2025 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 4,622 | | | | 4,636 | | | | 4,492 | |
190843610.SRDLC, 26.49%, 07/05/2027 (a)(p)(s) | | Lending Club | | | 7/7/2022 | | | | 9,653 | | | | 9,725 | | | | 9,323 | |
190873520.SRDLC, 15.74%, 07/11/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 2,845 | | | | 2,855 | | | | 2,754 | |
190889207.SRDLC, 17.99%, 07/18/2025 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 3,366 | | | | 3,399 | | | | 365 | |
190893071.SRDLC, 20.99%, 07/11/2025 (a)(p)(s) | | Lending Club | | | 7/13/2022 | | | | 9,897 | | | | 9,971 | | | | 0 | |
190913131.SRDLC, 28.49%, 07/05/2026 (a)(p)(s) | | Lending Club | | | 7/7/2022 | | | | 2,485 | | | | 2,503 | | | | 269 | |
190966377.SRDLC, 26.99%, 07/16/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 2,082 | | | | 2,090 | | | | 2,036 | |
190968042.SRDLC, 28.99%, 07/15/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 3,180 | | | | 3,195 | | | | 3,104 | |
190983738.SRDLC, 18.99%, 07/15/2025 (a)(s) | | Lending Club | | | 7/8/2022 | | | | 2,439 | | | | 2,439 | | | | 2,324 | |
191000884.SRDLC, 30.99%, 07/05/2027 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 12,063 | | | | 12,135 | | | | 12,119 | |
191007294.SRDLC, 30.99%, 07/06/2027 (a)(p)(s) | | Lending Club | | | 7/8/2022 | | | | 19,406 | | | | 19,552 | | | | 2,102 | |
191015102.SRDLC, 30.99%, 07/05/2027 (a)(p)(s) | | Lending Club | | | 7/7/2022 | | | | 18,960 | | | | 19,102 | | | | 2,053 | |
191024293.SRDLC, 15.24%, 07/07/2025 (a)(s) | | Lending Club | | | 7/11/2022 | | | | 1,417 | | | | 1,417 | | | | 1,374 | |
191030355.SRDLC, 25.99%, 07/06/2025 (a)(s) | | Lending Club | | | 7/8/2022 | | | | 1,360 | | | | 1,363 | | | | 1,320 | |
191035222.SRDLC, 17.54%, 07/20/2027 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 5,883 | | | | 5,916 | | | | 5,476 | |
191038262.SRDLC, 28.99%, 08/15/2025 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 11,235 | | | | 11,279 | | | | 11,018 | |
191042171.SRDLC, 10.99%, 07/07/2026 (a)(s) | | Lending Club | | | 7/11/2022 | | | | 22,779 | | | | 22,779 | | | | 22,396 | |
191043882.SRDLC, 16.24%, 07/20/2025 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 2,168 | | | | 2,176 | | | | 2,099 | |
191058033.SRDLC, 21.99%, 07/05/2025 (a)(p)(s) | | Lending Club | | | 7/7/2022 | | | | 5,147 | | | | 5,186 | | | | 0 | |
191076667.SRDLC, 16.49%, 07/16/2025 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 2,401 | | | | 2,409 | | | | 2,321 | |
191080389.SRDLC, 30.99%, 07/05/2026 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 3,525 | | | | 3,543 | | | | 3,508 | |
191086066.SRDLC, 17.99%, 07/05/2025 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 3,714 | | | | 3,727 | | | | 3,589 | |
191089018.SRDLC, 13.44%, 07/14/2027 (a)(s) | | Lending Club | | | 7/18/2022 | | | | 6,361 | | | | 6,361 | | | | 6,167 | |
191094293.SRDLC, 30.99%, 07/15/2027 (a)(s) | | Lending Club | | | 7/11/2022 | | | | 4,078 | | | | 4,103 | | | | 4,095 | |
191095020.SRDLC, 23.74%, 07/20/2027 (a)(p)(s) | | Lending Club | | | 7/11/2022 | | | | 16,820 | | | | 16,820 | | | | 16,447 | |
191100451.SRDLC, 7.09%, 07/15/2025 (a)(s) | | Lending Club | | | 7/8/2022 | | | | 5,089 | | | | 5,089 | | | | 4,928 | |
191104158.SRDLC, 14.94%, 08/18/2027 (a)(p)(s) | | Lending Club | | | 8/4/2022 | | | | 32,009 | | | | 32,009 | | | | 4,968 | |
191105569.SRDLC, 30.99%, 07/26/2027 (a)(p)(s) | | Lending Club | | | 7/26/2022 | | | | 9,899 | | | | 9,998 | | | | 1,072 | |
191112629.SRDLC, 26.99%, 08/04/2025 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 2,174 | | | | 2,185 | | | | 2,123 | |
191113722.SRDLC, 24.99%, 07/22/2027 (a)(s) | | Lending Club | | | 7/26/2022 | | | | 7,784 | | | | 7,844 | | | | 7,667 | |
191122073.SRDLC, 30.99%, 04/14/2028 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 11,857 | | | | 11,931 | | | | 11,342 | |
191125187.SRDLC, 17.49%, 07/17/2025 (a)(s) | | Lending Club | | | 7/7/2022 | | | | 5,368 | | | | 5,386 | | | | 5,192 | |
191128959.SRDLC, 30.99%, 07/12/2027 (a)(p)(s) | | Lending Club | | | 7/12/2022 | | | | 6,089 | | | | 6,135 | | | | 659 | |
191148128.SRDLC, 16.49%, 07/07/2025 (a)(p)(s) | | Lending Club | | | 7/11/2022 | | | | 4,197 | | | | 4,197 | | | | 3,997 | |
191151335.SRDLC, 22.99%, 07/05/2027 (a)(p)(s) | | Lending Club | | | 7/7/2022 | | | | 7,602 | | | | 7,659 | | | | 823 | |
191154880.SRDLC, 7.74%, 08/02/2025 (a)(s) | | Lending Club | | | 8/4/2022 | | | | 4,731 | | | | 4,731 | | | | 4,620 | |
191159852.SRDLC, 30.49%, 07/20/2027 (a)(p)(s) | | Lending Club | | | 7/8/2022 | | | | 8,812 | | | | 8,878 | | | | 954 | |
191159999.SRDLC, 28.99%, 07/26/2025 (a)(s) | | Lending Club | | | 7/28/2022 | | | | 2,923 | | | | 2,938 | | | | 2,886 | |
191161484.SRDLC, 30.99%, 07/19/2025 (a)(s) | | Lending Club | | | 7/21/2022 | | | | 2,648 | | | | 2,661 | | | | 2,594 | |
191176580.SRDLC, 18.24%, 07/08/2025 (a)(s) | | Lending Club | | | 7/12/2022 | | | | 2,416 | | | | 2,425 | | | | 2,337 | |
191177276.SRDLC, 30.99%, 07/18/2027 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 19,235 | | | | 19,427 | | | | 2,083 | |
191178176.SRDLC, 30.99%, 07/11/2027 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 4,021 | | | | 4,045 | | | | 4,057 | |
191181283.SRDLC, 23.49%, 07/07/2027 (a)(s) | | Lending Club | | | 7/11/2022 | | | | 11,616 | | | | 11,676 | | | | 11,294 | |
191181523.SRDLC, 30.99%, 07/16/2027 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 16,228 | | | | 16,325 | | | | 16,310 | |
191193127.SRDLC, 30.49%, 07/13/2027 (a)(p)(s) | | Lending Club | | | 7/15/2022 | | | | 6,956 | | | | 7,008 | | | | 753 | |
191198358.SRDLC, 30.99%, 07/12/2027 (a)(s) | | Lending Club | | | 7/14/2022 | | | | 5,790 | | | | 5,825 | | | | 5,846 | |
191203714.SRDLC, 23.99%, 07/15/2025 (a)(p)(s) | | Lending Club | | | 7/19/2022 | | | | 6,840 | | | | 6,840 | | | | 741 | |
191226544.SRDLC, 30.99%, 07/27/2025 (a)(s) | | Lending Club | | | 7/29/2022 | | | | 6,349 | | | | 6,380 | | | | 6,272 | |
191229228.SRDLC, 26.99%, 08/29/2027 (a)(p)(s) | | Lending Club | | | 7/12/2022 | | | | 19,358 | | | | 19,503 | | | | 2,096 | |
191241687.SRDLC, 24.99%, 07/21/2025 (a)(s) | | Lending Club | | | 7/20/2022 | | | | 5,081 | | | | 5,122 | | | | 4,954 | |
191246684.SRDLC, 15.99%, 07/11/2025 (a)(p)(s) | | Lending Club | | | 7/13/2022 | | | | 2,900 | | | | 2,900 | | | | 314 | |
191251728.SRDLC, 30.99%, 07/17/2027 (a)(p)(s) | | Lending Club | | | 7/12/2022 | | | | 7,389 | | | | 7,445 | | | | 800 | |
191252175.SRDLC, 30.99%, 07/11/2027 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 3,927 | | | | 3,951 | | | | 3,959 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
59
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
191263540.SRDLC, 24.99%, 07/28/2025 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | $ | 10,719 | | | $ | 10,826 | | | $ | 1,161 | |
191270654.SRDLC, 25.99%, 12/11/2027 (a)(p)(s) | | Lending Club | | | 7/13/2022 | | | | 20,478 | | | | 20,478 | | | | 11,232 | |
191274191.SRDLC, 26.99%, 08/08/2025 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 7,184 | | | | 7,255 | | | | 778 | |
191275722.SRDLC, 27.99%, 07/18/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 751 | | | | 754 | | | | 736 | |
191276546.SRDLC, 19.49%, 07/11/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 1,122 | | | | 1,126 | | | | 1,085 | |
191285159.SRDLC, 23.99%, 07/11/2027 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 4,643 | | | | 4,643 | | | | 4,573 | |
191291119.SRDLC, 30.99%, 07/11/2027 (a)(p)(s) | | Lending Club | | | 7/13/2022 | | | | 5,521 | | | | 5,563 | | | | 598 | |
191293818.SRDLC, 30.99%, 07/30/2027 (a)(s) | | Lending Club | | | 7/19/2022 | | | | 14,826 | | | | 14,954 | | | | 14,827 | |
191295680.SRDLC, 17.99%, 07/01/2025 (a)(p)(s) | | Lending Club | | | 7/25/2022 | | | | 7,755 | | | | 7,791 | | | | 7,445 | |
191295842.SRDLC, 27.99%, 07/25/2025 (a)(s) | | Lending Club | | | 7/21/2022 | | | | 1,310 | | | | 1,312 | | | | 1,286 | |
191302516.SRDLC, 10.04%, 07/27/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 4,153 | | | | 4,153 | | | | 4,031 | |
191302532.SRDLC, 23.49%, 07/11/2027 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 4,630 | | | | 4,652 | | | | 4,532 | |
191308241.SRDLC, 24.49%, 01/11/2028 (a)(p)(s) | | Lending Club | | | 7/13/2022 | | | | 9,642 | | | | 9,714 | | | | 1,044 | |
191310544.SRDLC, 30.99%, 07/23/2027 (a)(s) | | Lending Club | | | 7/15/2022 | | | | 6,537 | | | | 6,581 | | | | 6,589 | |
191313508.SRDLC, 19.49%, 07/15/2027 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 3,086 | | | | 3,101 | | | | 2,991 | |
191316742.SRDLC, 30.99%, 07/12/2025 (a)(s) | | Lending Club | | | 7/14/2022 | | | | 3,439 | | | | 3,452 | | | | 3,365 | |
191321447.SRDLC, 30.49%, 07/15/2025 (a)(s) | | Lending Club | | | 7/15/2022 | | | | 3,508 | | | | 3,521 | | | | 3,428 | |
191337039.SRDLC, 14.54%, 07/18/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 1,865 | | | | 1,871 | | | | 1,809 | |
191340523.SRDLC, 15.69%, 07/11/2027 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 19,082 | | | | 19,082 | | | | 18,300 | |
191346196.SRDLC, 27.74%, 07/28/2027 (a)(s) | | Lending Club | | | 7/22/2022 | | | | 9,555 | | | | 9,630 | | | | 9,712 | |
191353759.SRDLC, 30.99%, 07/24/2025 (a)(s) | | Lending Club | | | 7/19/2022 | | | | 2,263 | | | | 2,263 | | | | 2,226 | |
191357645.SRDLC, 22.49%, 07/18/2025 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 19,519 | | | | 19,714 | | | | 2,114 | |
191371545.SRDLC, 17.24%, 07/11/2025 (a)(s) | | Lending Club | | | 7/13/2022 | | | | 2,400 | | | | 2,405 | | | | 2,317 | |
191376381.SRDLC, 27.49%, 07/12/2026 (a)(s) | | Lending Club | | | 7/14/2022 | | | | 2,899 | | | | 2,913 | | | | 2,900 | |
191390818.SRDLC, 17.19%, 07/04/2027 (a)(p)(s) | | Lending Club | | | 7/15/2022 | | | | 30,008 | | | | 30,008 | | | | 15,499 | |
191394525.SRDLC, 28.99%, 07/20/2024 (a)(p)(s) | | Lending Club | | | 7/15/2022 | | | | 7,331 | | | | 7,386 | | | | 794 | |
191417288.SRDLC, 26.24%, 07/19/2027 (a)(s) | | Lending Club | | | 7/15/2022 | | | | 5,683 | | | | 5,718 | | | | 5,543 | |
191429544.SRDLC, 30.99%, 07/14/2025 (a)(p)(s) | | Lending Club | | | 7/18/2022 | | | | 6,781 | | | | 6,832 | | | | 734 | |
191434671.SRDLC, 13.44%, 07/14/2027 (a)(s) | | Lending Club | | | 7/18/2022 | | | | 16,987 | | | | 16,987 | | | | 16,468 | |
191441017.SRDLC, 9.79%, 07/19/2025 (a)(s) | | Lending Club | | | 7/21/2022 | | | | 6,786 | | | | 6,786 | | | | 6,586 | |
191446786.SRDLC, 22.49%, 07/26/2027 (a)(p)(s) | | Lending Club | | | 7/28/2022 | | | | 4,778 | | | | 4,826 | | | | 517 | |
191452895.SRDLC, 17.99%, 07/14/2025 (a)(s) | | Lending Club | | | 7/18/2022 | | | | 2,361 | | | | 2,368 | | | | 2,288 | |
191453578.SRDLC, 19.49%, 07/22/2025 (a)(s) | | Lending Club | | | 7/26/2022 | | | | 1,219 | | | | 1,225 | | | | 1,185 | |
191456870.SRDLC, 22.49%, 07/14/2025 (a)(s) | | Lending Club | | | 7/18/2022 | | | | 1,495 | | | | 1,500 | | | | 1,448 | |
191462872.SRDLC, 22.49%, 07/28/2027 (a)(s) | | Lending Club | | | 8/1/2022 | | | | 3,835 | | | | 3,864 | | | | 3,750 | |
191462983.SRDLC, 28.99%, 07/21/2027 (a)(s) | | Lending Club | | | 7/25/2022 | | | | 5,571 | | | | 5,615 | | | | 5,668 | |
191469608.SRDLC, 20.99%, 07/16/2025 (a)(s) | | Lending Club | | | 7/18/2022 | | | | 4,948 | | | | 4,965 | | | | 4,782 | |
191491322.SRDLC, 24.99%, 07/23/2025 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 3,132 | | | | 3,164 | | | | 339 | |
191492595.SRDLC, 24.49%, 07/25/2025 (a)(p)(s) | | Lending Club | | | 7/27/2022 | | | | 2,221 | | | | 2,221 | | | | 137 | |
191505363.SRDLC, 17.99%, 07/15/2025 (a)(s) | | Lending Club | | | 7/19/2022 | | | | 5,266 | | | | 5,291 | | | | 5,104 | |
191510625.SRDLC, 23.99%, 07/25/2027 (a)(p)(s) | | Lending Club | | | 7/27/2022 | | | | 26,955 | | | | 26,955 | | | | 2,919 | |
191513596.SRDLC, 5.00%, 07/25/2026 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 7,419 | | | | 7,419 | | | | 6,328 | |
191521233.SRDLC, 18.99%, 07/18/2025 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 3,891 | | | | 3,930 | | | | 421 | |
191527006.SRDLC, 30.99%, 07/25/2027 (a)(s) | | Lending Club | | | 7/20/2022 | | | | 4,058 | | | | 4,090 | | | | 4,116 | |
191535746.SRDLC, 12.69%, 07/18/2025 (a)(s) | | Lending Club | | | 7/20/2022 | | | | 2,546 | | | | 2,546 | | | | 2,470 | |
191543393.SRDLC, 19.74%, 08/20/2025 (a)(s) | | Lending Club | | | 8/9/2022 | | | | 18,304 | | | | 18,304 | | | | 17,837 | |
191544930.SRDLC, 23.99%, 07/28/2027 (a)(s) | | Lending Club | | | 8/1/2022 | | | | 13,930 | | | | 14,037 | | | | 13,765 | |
191553131.SRDLC, 28.49%, 07/18/2027 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 5,654 | | | | 5,710 | | | | 612 | |
191559588.SRDLC, 30.99%, 07/24/2027 (a)(s) | | Lending Club | | | 7/20/2022 | | | | 4,869 | | | | 4,908 | | | | 4,935 | |
191563994.SRDLC, 19.24%, 07/25/2027 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 7,003 | | | | 7,073 | | | | 6,787 | |
191566159.SRDLC, 15.74%, 07/18/2025 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 4,799 | | | | 4,847 | | | | 520 | |
191572560.SRDLC, 30.99%, 01/18/2026 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 2,062 | | | | 2,075 | | | | 1,989 | |
191578273.SRDLC, 30.99%, 07/28/2025 (a)(s) | | Lending Club | | | 7/20/2022 | | | | 1,874 | | | | 1,884 | | | | 1,847 | |
191583845.SRDLC, 19.99%, 07/18/2025 (a)(s) | | Lending Club | | | 7/20/2022 | | | | 735 | | | | 739 | | | | 711 | |
191588942.SRDLC, 27.49%, 08/03/2026 (a)(s) | | Lending Club | | | 7/21/2022 | | | | 2,588 | | | | 2,614 | | | | 2,552 | |
191601897.SRDLC, 30.99%, 02/02/2028 (a)(p)(s) | | Lending Club | | | 8/4/2022 | | | | 13,651 | | | | 13,787 | | | | 7,953 | |
191603240.SRDLC, 14.94%, 08/02/2027 (a)(p)(s) | | Lending Club | | | 7/20/2022 | | | | 12,024 | | | | 12,024 | | | | 11,435 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
60
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
191609370.SRDLC, 26.49%, 08/15/2025 (a)(s) | | Lending Club | | | 8/8/2022 | | | $ | 6,647 | | | $ | 6,682 | | | $ | 6,459 | |
191616350.SRDLC, 30.99%, 07/19/2027 (a)(s) | | Lending Club | | | 7/21/2022 | | | | 4,825 | | | | 4,859 | | | | 4,896 | |
191616574.SRDLC, 17.99%, 07/28/2025 (a)(s) | | Lending Club | | | 7/21/2022 | | | | 3,452 | | | | 3,459 | | | | 3,362 | |
191622860.SRDLC, 15.49%, 08/08/2025 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 3,549 | | | | 3,549 | | | | 2,512 | |
191628206.SRDLC, 28.99%, 08/16/2027 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 15,353 | | | | 15,353 | | | | 15,614 | |
191628288.SRDLC, 30.99%, 07/20/2026 (a)(s) | | Lending Club | | | 7/22/2022 | | | | 2,820 | | | | 2,839 | | | | 2,838 | |
191632334.SRDLC, 28.99%, 07/21/2025 (a)(s) | | Lending Club | | | 7/25/2022 | | | | 1,568 | | | | 1,577 | | | | 1,539 | |
191633149.SRDLC, 11.74%, 08/03/2025 (a)(p)(s) | | Lending Club | | | 7/21/2022 | | | | 5,762 | | | | 5,762 | | | | 932 | |
191652750.SRDLC, 30.99%, 07/28/2025 (a)(s) | | Lending Club | | | 7/22/2022 | | | | 1,329 | | | | 1,337 | | | | 1,310 | |
191657624.SRDLC, 30.99%, 11/20/2025 (a)(p)(s) | | Lending Club | | | 7/22/2022 | | | | 6,307 | | | | 6,357 | | | | 6,109 | |
191666463.SRDLC, 23.99%, 08/16/2027 (a)(s) | | Lending Club | | | 8/9/2022 | | | | 4,785 | | | | 4,785 | | | | 4,706 | |
191666661.SRDLC, 28.99%, 08/04/2025 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 1,101 | | | | 1,101 | | | | 1,046 | |
191667374.SRDLC, 30.99%, 07/22/2025 (a)(p)(s) | | Lending Club | | | 7/26/2022 | | | | 4,144 | | | | 4,183 | | | | 4,072 | |
191667711.SRDLC, 17.99%, 07/25/2025 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 2,412 | | | | 2,423 | | | | 2,344 | |
191667844.SRDLC, 26.24%, 07/20/2025 (a)(s) | | Lending Club | | | 7/22/2022 | | | | 1,844 | | | | 1,853 | | | | 1,804 | |
191678013.SRDLC, 24.99%, 07/21/2027 (a)(s) | | Lending Club | | | 7/25/2022 | | | | 9,267 | | | | 9,337 | | | | 9,121 | |
191680560.SRDLC, 23.49%, 07/28/2027 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 8,519 | | | | 8,584 | | | | 8,365 | |
191694452.SRDLC, 30.99%, 07/25/2027 (a)(p)(s) | | Lending Club | | | 7/27/2022 | | | | 5,536 | | | | 5,536 | | | | 600 | |
191695847.SRDLC, 13.09%, 07/21/2025 (a)(s) | | Lending Club | | | 7/25/2022 | | | | 2,787 | | | | 2,787 | | | | 2,706 | |
191699828.SRDLC, 24.49%, 08/31/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 5,612 | | | | 5,612 | | | | 5,418 | |
191702410.SRDLC, 20.49%, 07/22/2025 (a)(s) | | Lending Club | | | 7/26/2022 | | | | 1,099 | | | | 1,105 | | | | 1,069 | |
191705506.SRDLC, 17.99%, 07/22/2025 (a)(s) | | Lending Club | | | 7/26/2022 | | | | 1,447 | | | | 1,454 | | | | 1,406 | |
191714741.SRDLC, 19.74%, 07/21/2025 (a)(s) | | Lending Club | | | 7/25/2022 | | | | 3,519 | | | | 3,519 | | | | 3,438 | |
191716011.SRDLC, 30.99%, 01/25/2028 (a)(p)(s) | | Lending Club | | | 7/27/2022 | | | | 9,543 | | | | 9,638 | | | | 1,034 | |
191724345.SRDLC, 10.00%, 11/25/2027 (a)(s) | | Lending Club | | | 7/25/2022 | | | | 7,646 | | | | 7,646 | | | | 6,107 | |
191725647.SRDLC, 8.09%, 08/09/2025 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 7,590 | | | | 7,590 | | | | 7,362 | |
191728001.SRDLC, 18.99%, 08/09/2025 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 3,628 | | | | 3,646 | | | | 3,472 | |
191733593.SRDLC, 28.99%, 07/25/2025 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 626 | | | | 626 | | | | 603 | |
191736763.SRDLC, 19.99%, 07/25/2025 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 412 | | | | 414 | | | | 407 | |
191740994.SRDLC, 15.00%, 11/25/2025 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 4,399 | | | | 4,399 | | | | 4,002 | |
191742357.SRDLC, 16.49%, 07/07/2025 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 3,889 | | | | 3,889 | | | | 3,701 | |
191744435.SRDLC, 25.74%, 07/29/2027 (a)(p)(s) | | Lending Club | | | 8/2/2022 | | | | 1,641 | | | | 1,657 | | | | 178 | |
191748085.SRDLC, 18.99%, 07/27/2024 (a)(s) | | Lending Club | | | 7/29/2022 | | | | 366 | | | | 367 | | | | 369 | |
191750200.SRDLC, 20.99%, 08/24/2025 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 2,565 | | | | 2,565 | | | | 2,500 | |
191766386.SRDLC, 19.99%, 07/25/2025 (a)(p)(s) | | Lending Club | | | 7/27/2022 | | | | 3,432 | | | | 3,459 | | | | 3,329 | |
191768960.SRDLC, 10.04%, 07/22/2025 (a)(p)(s) | | Lending Club | | | 7/26/2022 | | | | 10,840 | | | | 10,840 | | | | 1,174 | |
191769272.SRDLC, 9.79%, 07/22/2025 (a)(s) | | Lending Club | | | 7/26/2022 | | | | 3,167 | | | | 3,167 | | | | 3,076 | |
191772278.SRDLC, 15.99%, 07/25/2025 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 3,562 | | | | 3,579 | | | | 3,462 | |
191786026.SRDLC, 16.79%, 08/04/2027 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 30,156 | | | | 30,156 | | | | 28,697 | |
191786546.SRDLC, 30.99%, 07/07/2027 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 4,957 | | | | 4,989 | | | | 4,942 | |
191793460.SRDLC, 24.99%, 07/25/2025 (a)(p)(s) | | Lending Club | | | 7/27/2022 | | | | 1,266 | | | | 1,279 | | | | 137 | |
191794348.SRDLC, 30.99%, 08/05/2025 (a)(p)(s) | | Lending Club | | | 8/9/2022 | | | | 3,037 | | | | 3,067 | | | | 2,376 | |
191797544.SRDLC, 26.99%, 07/26/2025 (a)(s) | | Lending Club | | | 7/28/2022 | | | | 2,578 | | | | 2,597 | | | | 2,537 | |
191808811.SRDLC, 23.99%, 07/30/2027 (a)(p)(s) | | Lending Club | | | 7/28/2022 | | | | 7,778 | | | | 7,778 | | | | 7,661 | |
191810287.SRDLC, 23.99%, 08/16/2025 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 5,205 | | | | 5,205 | | | | 4,979 | |
191811199.SRDLC, 30.99%, 08/16/2027 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 12,211 | | | | 12,313 | | | | 12,445 | |
191813026.SRDLC, 20.99%, 07/01/2027 (a)(p)(s) | | Lending Club | | | 7/29/2022 | | | | 4,272 | | | | 4,304 | | | | 4,103 | |
191814695.SRDLC, 29.49%, 08/03/2026 (a)(s) | | Lending Club | | | 8/5/2022 | | | | 7,168 | | | | 7,218 | | | | 7,168 | |
191816048.SRDLC, 26.49%, 08/09/2027 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 4,067 | | | | 4,067 | | | | 3,860 | |
191822419.SRDLC, 30.99%, 07/30/2025 (a)(p)(s) | | Lending Club | | | 7/29/2022 | | | | 1,858 | | | | 1,868 | | | | 1,824 | |
191826397.SRDLC, 27.99%, 08/15/2025 (a)(p)(s) | | Lending Club | | | 8/9/2022 | | | | 8,897 | | | | 8,956 | | | | 8,706 | |
191831931.SRDLC, 22.49%, 08/05/2027 (a)(s) | | Lending Club | | | 7/29/2022 | | | | 4,724 | | | | 4,761 | | | | 4,534 | |
191836440.SRDLC, 16.49%, 08/11/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 4,260 | | | | 4,260 | | | | 4,125 | |
191837686.SRDLC, 27.99%, 08/01/2025 (a)(p)(s) | | Lending Club | | | 8/3/2022 | | | | 4,418 | | | | 4,462 | | | | 478 | |
191845973.SRDLC, 19.99%, 07/16/2025 (a)(s) | | Lending Club | | | 7/29/2022 | | | | 4,236 | | | | 4,257 | | | | 4,106 | |
191847136.SRDLC, 16.49%, 07/25/2025 (a)(p)(s) | | Lending Club | | | 7/27/2022 | | | | 7,627 | | | | 7,627 | | | | 826 | |
191849583.SRDLC, 13.19%, 08/01/2027 (a)(s) | | Lending Club | | | 7/27/2022 | | | | 12,564 | | | | 12,564 | | | | 12,038 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
61
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
191852821.SRDLC, 9.79%, 08/09/2025 (a)(s) | | Lending Club | | | 8/11/2022 | | | $ | 2,884 | | | $ | 2,884 | | | $ | 2,797 | |
191860902.SRDLC, 30.99%, 07/28/2025 (a)(s) | | Lending Club | | | 8/1/2022 | | | | 3,677 | | | | 3,699 | | | | 3,633 | |
191871219.SRDLC, 30.99%, 08/10/2027 (a)(p)(s) | | Lending Club | | | 8/3/2022 | | | | 6,721 | | | | 6,788 | | | | 1,134 | |
191893067.SRDLC, 23.99%, 09/01/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 2,860 | | | | 2,860 | | | | 2,701 | |
191895522.SRDLC, 23.99%, 08/11/2027 (a)(p)(s) | | Lending Club | | | 8/15/2022 | | | | 29,922 | | | | 29,922 | | | | 3,241 | |
191903636.SRDLC, 12.24%, 08/10/2025 (a)(s) | | Lending Club | | | 7/29/2022 | | | | 11,887 | | | | 11,887 | | | | 11,450 | |
191907225.SRDLC, 14.54%, 08/05/2025 (a)(p)(s) | | Lending Club | | | 8/9/2022 | | | | 11,080 | | | | 11,191 | | | | 2,634 | |
191920862.SRDLC, 30.99%, 08/01/2027 (a)(s) | | Lending Club | | | 8/3/2022 | | | | 16,298 | | | | 16,431 | | | | 16,430 | |
191920969.SRDLC, 30.49%, 01/29/2028 (a)(p)(s) | | Lending Club | | | 8/2/2022 | | | | 6,365 | | | | 6,429 | | | | 1,627 | |
191926237.SRDLC, 20.24%, 08/11/2025 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 520 | | | | 520 | | | | 505 | |
191935262.SRDLC, 23.99%, 08/20/2027 (a)(s) | | Lending Club | | | 8/5/2022 | | | | 7,637 | | | | 7,637 | | | | 7,574 | |
191959068.SRDLC, 26.74%, 08/15/2025 (a)(s) | | Lending Club | | | 8/3/2022 | | | | 7,259 | | | | 7,297 | | | | 7,085 | |
191960059.SRDLC, 26.49%, 08/15/2024 (a)(s) | | Lending Club | | | 8/3/2022 | | | | 654 | | | | 656 | | | | 659 | |
191965103.SRDLC, 15.99%, 08/01/2025 (a)(s) | | Lending Club | | | 8/3/2022 | | | | 3,021 | | | | 3,035 | | | | 2,923 | |
191968990.SRDLC, 17.74%, 08/01/2025 (a)(s) | | Lending Club | | | 8/3/2022 | | | | 1,836 | | | | 1,845 | | | | 1,776 | |
191974355.SRDLC, 30.99%, 08/01/2027 (a)(s) | | Lending Club | | | 8/3/2022 | | | | 4,897 | | | | 4,936 | | | | 4,937 | |
191981138.SRDLC, 30.99%, 08/08/2027 (a)(s) | | Lending Club | | | 8/3/2022 | | | | 12,329 | | | | 12,427 | | | | 12,434 | |
191990878.SRDLC, 16.99%, 08/15/2027 (a)(p)(s) | | Lending Club | | | 8/17/2022 | | | | 22,275 | | | | 22,275 | | | | 2,412 | |
191993696.SRDLC, 27.99%, 08/08/2027 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 22,808 | | | | 22,808 | | | | 2,470 | |
191995315.SRDLC, 23.99%, 02/17/2028 (a)(s) | | Lending Club | | | 8/15/2022 | | | | 8,495 | | | | 8,495 | | | | 8,228 | |
192010930.SRDLC, 30.99%, 08/08/2026 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 1,084 | | | | 1,092 | | | | 1,088 | |
192020118.SRDLC, 30.99%, 08/23/2027 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 14,706 | | | | 14,834 | | | | 14,988 | |
192023144.SRDLC, 23.99%, 08/30/2027 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 7,738 | | | | 7,738 | | | | 7,549 | |
192024041.SRDLC, 24.99%, 08/29/2025 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 4,464 | | | | 4,508 | | | | 1,204 | |
192027703.SRDLC, 14.19%, 08/02/2027 (a)(p)(s) | | Lending Club | | | 8/4/2022 | | | | 4,746 | | | | 4,746 | | | | 4,551 | |
192039955.SRDLC, 26.49%, 08/19/2025 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 4,020 | | | | 4,020 | | | | 3,857 | |
192040896.SRDLC, 28.99%, 08/16/2025 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 6,707 | | | | 6,743 | | | | 6,577 | |
192046955.SRDLC, 24.49%, 08/19/2025 (a)(p)(s) | | Lending Club | | | 8/23/2022 | | | | 7,385 | | | | 7,385 | | | | 800 | |
192047796.SRDLC, 30.99%, 08/19/2027 (a)(p)(s) | | Lending Club | | | 8/23/2022 | | | | 22,289 | | | | 22,289 | | | | 2,414 | |
192054809.SRDLC, 13.19%, 08/12/2027 (a)(p)(s) | | Lending Club | | | 8/5/2022 | | | | 10,011 | | | | 10,011 | | | | 9,701 | |
192063068.SRDLC, 27.99%, 08/07/2025 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 1,321 | | | | 1,328 | | | | 1,289 | |
192063849.SRDLC, 23.49%, 08/23/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 15,527 | | | | 15,527 | | | | 14,622 | |
192065862.SRDLC, 16.49%, 08/10/2027 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 3,010 | | | | 3,010 | | | | 2,867 | |
192067979.SRDLC, 10.74%, 08/03/2025 (a)(s) | | Lending Club | | | 8/5/2022 | | | | 872 | | | | 872 | | | | 840 | |
192069607.SRDLC, 14.54%, 08/05/2025 (a)(s) | | Lending Club | | | 8/22/2022 | | | | 3,785 | | | | 3,803 | | | | 3,675 | |
192073469.SRDLC, 30.99%, 08/27/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 16,550 | | | | 16,669 | | | | 16,875 | |
192075255.SRDLC, 23.99%, 08/03/2027 (a)(s) | | Lending Club | | | 8/5/2022 | | | | 8,184 | | | | 8,184 | | | | 8,055 | |
192078630.SRDLC, 26.49%, 08/10/2026 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 3,521 | | | | 3,545 | | | | 3,563 | |
192079366.SRDLC, 28.74%, 08/23/2027 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 8,483 | | | | 8,556 | | | | 8,619 | |
192079662.SRDLC, 29.49%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 4,750 | | | | 4,750 | | | | 4,522 | |
192088574.SRDLC, 14.19%, 08/15/2027 (a)(p)(s) | | Lending Club | | | 8/8/2022 | | | | 12,381 | | | | 12,381 | | | | 1,341 | |
192095084.SRDLC, 23.99%, 08/04/2027 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 10,230 | | | | 10,230 | | | | 10,082 | |
192107400.SRDLC, 16.49%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 2,527 | | | | 2,527 | | | | 2,412 | |
192107870.SRDLC, 23.99%, 08/18/2027 (a)(p)(s) | | Lending Club | | | 8/8/2022 | | | | 8,681 | | | | 8,681 | | | | 940 | |
192117523.SRDLC, 23.49%, 08/03/2025 (a)(s) | | Lending Club | | | 8/4/2022 | | | | 1,914 | | | | 1,914 | | | | 1,820 | |
192123907.SRDLC, 21.99%, 08/05/2025 (a)(s) | | Lending Club | | | 8/9/2022 | | | | 4,729 | | | | 4,752 | | | | 4,572 | |
192130656.SRDLC, 28.99%, 08/05/2024 (a)(s) | | Lending Club | | | 8/9/2022 | | | | 522 | | | | 523 | | | | 526 | |
192131702.SRDLC, 19.69%, 08/15/2027 (a)(s) | | Lending Club | | | 8/5/2022 | | | | 11,647 | | | | 11,647 | | | | 11,012 | |
192132332.SRDLC, 12.99%, 08/04/2025 (a)(s) | | Lending Club | | | 8/8/2022 | | | | 985 | | | | 985 | | | | 949 | |
192134408.SRDLC, 15.99%, 08/05/2025 (a)(s) | | Lending Club | | | 8/9/2022 | | | | 861 | | | | 861 | | | | 835 | |
192135953.SRDLC, 20.24%, 08/10/2025 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 2,595 | | | | 2,595 | | | | 2,525 | |
192139310.SRDLC, 23.99%, 08/05/2027 (a)(s) | | Lending Club | | | 8/9/2022 | | | | 11,804 | | | | 11,804 | | | | 11,639 | |
192143725.SRDLC, 23.99%, 08/05/2027 (a)(p)(s) | | Lending Club | | | 8/9/2022 | | | | 1,569 | | | | 1,569 | | | | 1,547 | |
192147934.SRDLC, 16.69%, 08/22/2027 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 19,032 | | | | 19,032 | | | | 18,363 | |
192153817.SRDLC, 15.00%, 02/15/2026 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 1,686 | | | | 1,699 | | | | 1,662 | |
192156519.SRDLC, 22.99%, 08/10/2027 (a)(p)(s) | | Lending Club | | | 8/12/2022 | | | | 17,709 | | | | 17,709 | | | | 1,918 | |
192165868.SRDLC, 30.99%, 08/19/2027 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 10,405 | | | | 10,509 | | | | 0 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
62
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
192173279.SRDLC, 15.00%, 02/15/2026 (a)(s) | | Lending Club | | | 8/17/2022 | | | $ | 10,187 | | | $ | 10,187 | | | $ | 9,640 | |
192183697.SRDLC, 22.99%, 08/19/2025 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 3,494 | | | | 3,494 | | | | 378 | |
192187274.SRDLC, 15.74%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 9,063 | | | | 9,107 | | | | 8,768 | |
192192717.SRDLC, 10.99%, 08/10/2027 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 9,429 | | | | 9,429 | | | | 8,907 | |
192193246.SRDLC, 16.99%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 1,268 | | | | 1,274 | | | | 1,229 | |
192198391.SRDLC, 28.99%, 08/22/2027 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 7,757 | | | | 7,757 | | | | 7,920 | |
192200565.SRDLC, 24.99%, 08/21/2025 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 8,742 | | | | 8,827 | | | | 8,516 | |
192209553.SRDLC, 30.99%, 08/17/2027 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 5,785 | | | | 5,832 | | | | 5,875 | |
192215872.SRDLC, 26.24%, 08/15/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 3,677 | | | | 3,696 | | | | 3,595 | |
192223354.SRDLC, 23.99%, 08/08/2027 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 31,477 | | | | 31,477 | | | | 31,064 | |
192228291.SRDLC, 30.74%, 08/22/2025 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 1,227 | | | | 1,240 | | | | 71 | |
192229952.SRDLC, 18.99%, 08/10/2025 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 3,603 | | | | 3,618 | | | | 3,481 | |
192235260.SRDLC, 23.99%, 08/08/2027 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 6,964 | | | | 6,964 | | | | 6,873 | |
192237494.SRDLC, 20.49%, 08/25/2027 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 4,689 | | | | 4,689 | | | | 4,520 | |
192238273.SRDLC, 30.99%, 08/05/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 2,590 | | | | 2,616 | | | | 280 | |
192238825.SRDLC, 20.74%, 08/08/2027 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 14,926 | | | | 14,926 | | | | 14,316 | |
192242182.SRDLC, 17.49%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 1,832 | | | | 1,841 | | | | 1,776 | |
192247384.SRDLC, 24.49%, 08/08/2027 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 9,469 | | | | 9,543 | | | | 9,310 | |
192249815.SRDLC, 28.99%, 08/22/2025 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 3,854 | | | | 3,854 | | | | 3,705 | |
192252952.SRDLC, 29.49%, 05/17/2028 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 5,396 | | | | 5,396 | | | | 5,190 | |
192256223.SRDLC, 19.99%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 2,423 | | | | 2,434 | | | | 2,346 | |
192261309.SRDLC, 19.99%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 4,663 | | | | 4,686 | | | | 4,514 | |
192264548.SRDLC, 19.99%, 08/15/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 1,297 | | | | 1,304 | | | | 1,256 | |
192264740.SRDLC, 19.99%, 08/08/2025 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 8,036 | | | | 8,116 | | | | 870 | |
192266752.SRDLC, 16.49%, 08/13/2027 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 7,941 | | | | 7,941 | | | | 7,640 | |
192269870.SRDLC, 30.99%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 558 | | | | 561 | | | | 546 | |
192275572.SRDLC, 17.99%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 415 | | | | 417 | | | | 406 | |
192281994.SRDLC, 23.99%, 08/09/2027 (a)(p)(s) | | Lending Club | | | 8/11/2022 | | | | 628 | | | | 628 | | | | 68 | |
192283274.SRDLC, 24.99%, 08/11/2025 (a)(s) | | Lending Club | | | 8/15/2022 | | | | 2,252 | | | | 2,264 | | | | 2,198 | |
192283329.SRDLC, 16.99%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 5,072 | | | | 5,096 | | | | 4,917 | |
192289140.SRDLC, 27.99%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 2,735 | | | | 2,749 | | | | 2,677 | |
192289776.SRDLC, 12.54%, 08/08/2025 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 14,725 | | | | 14,725 | | | | 14,198 | |
192292011.SRDLC, 28.99%, 08/08/2026 (a)(s) | | Lending Club | | | 8/10/2022 | | | | 1,286 | | | | 1,295 | | | | 1,292 | |
192292446.SRDLC, 23.99%, 08/09/2027 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 9,364 | | | | 9,364 | | | | 9,247 | |
192292509.SRDLC, 18.49%, 08/24/2025 (a)(p)(s) | | Lending Club | | | 8/11/2022 | | | | 6,943 | | | | 6,943 | | | | 752 | |
192292874.SRDLC, 17.99%, 08/12/2025 (a)(s) | | Lending Club | | | 8/16/2022 | | | | 1,788 | | | | 1,797 | | | | 1,736 | |
192294945.SRDLC, 20.99%, 08/26/2027 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 6,033 | | | | 6,080 | | | | 5,939 | |
192296019.SRDLC, 30.99%, 08/02/2027 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 4,448 | | | | 4,448 | | | | 4,508 | |
192299352.SRDLC, 25.99%, 08/25/2025 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 2,762 | | | | 2,762 | | | | 2,672 | |
192303177.SRDLC, 24.99%, 08/16/2025 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 2,162 | | | | 2,173 | | | | 2,106 | |
192306426.SRDLC, 19.99%, 08/26/2025 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 3,539 | | | | 3,574 | | | | 383 | |
192308073.SRDLC, 18.74%, 08/08/2027 (a)(p)(s) | | Lending Club | | | 8/10/2022 | | | | 17,960 | | | | 18,140 | | | | 3,806 | |
192333305.SRDLC, 23.99%, 08/16/2027 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 11,891 | | | | 11,891 | | | | 11,703 | |
192333734.SRDLC, 30.49%, 09/17/2027 (a)(p)(s) | | Lending Club | | | 9/7/2022 | | | | 11,393 | | | | 11,393 | | | | 1,977 | |
192335280.SRDLC, 12.74%, 08/16/2025 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 11,854 | | | | 11,854 | | | | 11,494 | |
192338100.SRDLC, 14.69%, 08/11/2027 (a)(s) | | Lending Club | | | 8/15/2022 | | | | 8,925 | | | | 8,925 | | | | 8,610 | |
192338257.SRDLC, 18.49%, 08/09/2025 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 12,817 | | | | 12,880 | | | | 12,428 | |
192344065.SRDLC, 12.74%, 08/09/2025 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 983 | | | | 983 | | | | 948 | |
192350217.SRDLC, 13.99%, 08/15/2025 (a)(p)(s) | | Lending Club | | | 8/11/2022 | | | | 7,287 | | | | 7,287 | | | | 789 | |
192356023.SRDLC, 23.99%, 08/15/2025 (a)(s) | | Lending Club | | | 8/15/2022 | | | | 6,426 | | | | 6,426 | | | | 6,147 | |
192356215.SRDLC, 8.09%, 08/25/2025 (a)(s) | | Lending Club | | | 8/11/2022 | | | | 7,526 | | | | 7,526 | | | | 7,320 | |
192359015.SRDLC, 13.99%, 01/10/2028 (a)(p)(s) | | Lending Club | | | 8/12/2022 | | | | 6,498 | | | | 6,498 | | | | 989 | |
192359709.SRDLC, 30.99%, 08/10/2025 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 1,575 | | | | 1,584 | | | | 1,543 | |
192367518.SRDLC, 13.39%, 12/11/2025 (a)(p)(s) | | Lending Club | | | 8/15/2022 | | | | 19,158 | | | | 19,158 | | | | 2,075 | |
192370079.SRDLC, 30.49%, 08/20/2027 (a)(s) | | Lending Club | | | 8/12/2022 | | | | 11,491 | | | | 11,593 | | | | 11,636 | |
192373124.SRDLC, 30.99%, 08/30/2026 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 451 | | | | 455 | | | | 49 | |
192373917.SRDLC, 25.49%, 09/01/2025 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 2,762 | | | | 2,776 | | | | 2,654 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
63
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
192379595.SRDLC, 13.99%, 08/15/2027 (a)(s) | | Lending Club | | | 8/17/2022 | | | $ | 11,845 | | | $ | 11,845 | | | $ | 11,201 | |
192385569.SRDLC, 24.99%, 08/15/2025 (a)(s) | | Lending Club | | | 8/15/2022 | | | | 2,697 | | | | 2,697 | | | | 2,580 | |
192388823.SRDLC, 22.24%, 08/11/2025 (a)(p)(s) | | Lending Club | | | 8/15/2022 | | | | 5,896 | | | | 5,955 | | | | 396 | |
192390755.SRDLC, 10.54%, 08/26/2025 (a)(s) | | Lending Club | | | 8/15/2022 | | | | 5,864 | | | | 5,864 | | | | 5,692 | |
192398119.SRDLC, 8.59%, 08/16/2025 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 5,694 | | | | 5,694 | | | | 5,532 | |
192400720.SRDLC, 22.99%, 08/14/2027 (a)(p)(s) | | Lending Club | | | 8/16/2022 | | | | 8,524 | | | | 8,524 | | | | 923 | |
192404623.SRDLC, 23.99%, 09/07/2027 (a)(s) | | Lending Club | | | 8/22/2022 | | | | 3,381 | | | | 3,381 | | | | 3,283 | |
192407409.SRDLC, 10.29%, 08/03/2025 (a)(s) | | Lending Club | | | 8/16/2022 | | | | 5,756 | | | | 5,756 | | | | 5,576 | |
192409831.SRDLC, 23.49%, 08/15/2027 (a)(s) | | Lending Club | | | 8/15/2022 | | | | 11,813 | | | | 11,903 | | | | 11,607 | |
192410539.SRDLC, 30.99%, 08/11/2027 (a)(p)(s) | | Lending Club | | | 8/15/2022 | | | | 4,739 | | | | 4,786 | | | | 513 | |
192413613.SRDLC, 20.99%, 08/11/2024 (a)(p)(s) | | Lending Club | | | 8/15/2022 | | | | 512 | | | | 517 | | | | 502 | |
192416611.SRDLC, 10.79%, 08/15/2025 (a)(s) | | Lending Club | | | 8/16/2022 | | | | 8,261 | | | | 8,261 | | | | 8,012 | |
192420352.SRDLC, 16.69%, 08/27/2027 (a)(s) | | Lending Club | | | 8/16/2022 | | | | 27,361 | | | | 27,361 | | | | 26,457 | |
192422507.SRDLC, 11.84%, 08/24/2025 (a)(s) | | Lending Club | | | 8/26/2022 | | | | 14,648 | | | | 14,648 | | | | 14,251 | |
192427492.SRDLC, 17.89%, 08/12/2025 (a)(p)(s) | | Lending Club | | | 8/16/2022 | | | | 5,542 | | | | 5,542 | | | | 600 | |
192427494.SRDLC, 15.00%, 12/15/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 9,183 | | | | 9,183 | | | | 8,537 | |
192428920.SRDLC, 16.24%, 08/18/2027 (a)(s) | | Lending Club | | | 8/22/2022 | | | | 11,270 | | | | 11,270 | | | | 10,742 | |
192431792.SRDLC, 21.49%, 08/15/2027 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 7,758 | | | | 7,758 | | | | 7,525 | |
192435997.SRDLC, 10.29%, 08/26/2025 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 3,185 | | | | 3,185 | | | | 3,101 | |
192439827.SRDLC, 18.99%, 08/20/2025 (a)(s) | | Lending Club | | | 8/16/2022 | | | | 3,121 | | | | 3,121 | | | | 3,037 | |
192441361.SRDLC, 28.99%, 08/25/2027 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 9,738 | | | | 9,738 | | | | 9,896 | |
192448747.SRDLC, 23.99%, 08/15/2025 (a)(p)(s) | | Lending Club | | | 8/17/2022 | | | | 1,292 | | | | 1,292 | | | | 140 | |
192465706.SRDLC, 19.74%, 08/12/2025 (a)(s) | | Lending Club | | | 8/16/2022 | | | | 2,069 | | | | 2,079 | | | | 2,007 | |
192468743.SRDLC, 10.79%, 08/15/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 1,937 | | | | 1,937 | | | | 1,881 | |
192474798.SRDLC, 18.24%, 08/01/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 3,022 | | | | 3,022 | | | | 2,929 | |
192479865.SRDLC, 23.74%, 08/28/2025 (a)(s) | | Lending Club | | | 8/19/2022 | | | | 5,364 | | | | 5,364 | | | | 5,298 | |
192481710.SRDLC, 14.69%, 08/15/2027 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 20,825 | | | | 20,825 | | | | 20,109 | |
192511932.SRDLC, 18.24%, 08/15/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 294 | | | | 294 | | | | 287 | |
192512046.SRDLC, 24.99%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 3,165 | | | | 3,165 | | | | 3,158 | |
192512188.SRDLC, 25.99%, 08/16/2027 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 3,819 | | | | 3,819 | | | | 3,726 | |
192514171.SRDLC, 7.59%, 08/15/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 2,599 | | | | 2,599 | | | | 2,522 | |
192516798.SRDLC, 25.99%, 08/17/2027 (a)(p)(s) | | Lending Club | | | 8/19/2022 | | | | 8,900 | | | | 8,900 | | | | 8,745 | |
192518141.SRDLC, 16.24%, 08/04/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 2,832 | | | | 2,832 | | | | 2,759 | |
192520209.SRDLC, 28.99%, 08/17/2024 (a)(p)(s) | | Lending Club | | | 8/19/2022 | | | | 404 | | | | 405 | | | | 408 | |
192521291.SRDLC, 24.44%, 08/15/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 1,527 | | | | 1,527 | | | | 1,500 | |
192526019.SRDLC, 28.49%, 08/02/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 5,276 | | | | 5,276 | | | | 5,295 | |
192533157.SRDLC, 16.74%, 08/15/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 3,797 | | | | 3,816 | | | | 3,689 | |
192539008.SRDLC, 8.84%, 08/15/2025 (a)(s) | | Lending Club | | | 8/17/2022 | | | | 13,838 | | | | 13,838 | | | | 13,440 | |
192540719.SRDLC, 10.54%, 08/19/2025 (a)(p)(s) | | Lending Club | | | 8/17/2022 | | | | 7,415 | | | | 7,415 | | | | 1,877 | |
192545623.SRDLC, 25.74%, 08/17/2027 (a)(s) | | Lending Club | | | 8/19/2022 | | | | 8,739 | | | | 8,739 | | | | 8,662 | |
192557988.SRDLC, 17.99%, 01/15/2026 (a)(p)(s) | | Lending Club | | | 8/17/2022 | | | | 10,409 | | | | 10,514 | | | | 773 | |
192559734.SRDLC, 9.09%, 08/16/2025 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 5,737 | | | | 5,737 | | | | 5,573 | |
192565665.SRDLC, 28.99%, 08/30/2027 (a)(p)(s) | | Lending Club | | | 8/24/2022 | | | | 12,259 | | | | 12,259 | | | | 12,390 | |
192568630.SRDLC, 20.99%, 08/16/2025 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 6,261 | | | | 6,293 | | | | 6,082 | |
192569769.SRDLC, 22.74%, 08/30/2027 (a)(p)(s) | | Lending Club | | | 8/18/2022 | | | | 18,625 | | | | 18,625 | | | | 2,017 | |
192575011.SRDLC, 30.99%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 3,904 | | | | 3,923 | | | | 3,873 | |
192578477.SRDLC, 19.49%, 08/16/2025 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 3,283 | | | | 3,299 | | | | 3,189 | |
192579359.SRDLC, 32.39%, 08/08/2027 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 7,734 | | | | 7,807 | | | | 7,827 | |
192582047.SRDLC, 15.74%, 08/23/2025 (a)(p)(s) | | Lending Club | | | 8/19/2022 | | | | 5,653 | | | | 5,653 | | | | 5,497 | |
192585807.SRDLC, 25.99%, 08/19/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 3,779 | | | | 3,779 | | | | 3,661 | |
192590629.SRDLC, 30.99%, 09/02/2025 (a)(p)(s) | | Lending Club | | | 8/23/2022 | | | | 2,106 | | | | 2,118 | | | | 2,042 | |
192593103.SRDLC, 28.99%, 08/19/2025 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 1,756 | | | | 1,766 | | | | 1,729 | |
192595259.SRDLC, 18.49%, 08/01/2025 (a)(p)(s) | | Lending Club | | | 8/18/2022 | | | | 2,519 | | | | 2,544 | | | | 404 | |
192601175.SRDLC, 28.49%, 08/16/2025 (a)(p)(s) | | Lending Club | | | 8/18/2022 | | | | 4,481 | | | | 4,526 | | | | 0 | |
192604561.SRDLC, 23.99%, 08/17/2025 (a)(p)(s) | | Lending Club | | | 8/19/2022 | | | | 1,922 | | | | 1,922 | | | | 1,854 | |
192605471.SRDLC, 10.79%, 08/18/2025 (a)(s) | | Lending Club | | | 8/22/2022 | | | | 1,850 | | | | 1,850 | | | | 1,798 | |
192605521.SRDLC, 25.99%, 08/21/2025 (a)(s) | | Lending Club | | | 8/18/2022 | | | | 4,549 | | | | 4,572 | | | | 4,449 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
64
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
192606607.SRDLC, 18.94%, 08/18/2025 (a)(s) | | Lending Club | | | 8/22/2022 | | | $ | 5,143 | | | $ | 5,143 | | | $ | 5,023 | |
192607073.SRDLC, 29.99%, 08/19/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 7,309 | | | | 7,309 | | | | 7,457 | |
192608111.SRDLC, 23.49%, 08/17/2027 (a)(s) | | Lending Club | | | 8/19/2022 | | | | 6,278 | | | | 6,326 | | | | 6,203 | |
192608673.SRDLC, 30.99%, 08/17/2025 (a)(s) | | Lending Club | | | 8/19/2022 | | | | 2,789 | | | | 2,804 | | | | 2,745 | |
192610948.SRDLC, 23.49%, 08/24/2025 (a)(s) | | Lending Club | | | 8/26/2022 | | | | 5,044 | | | | 5,070 | | | | 4,936 | |
192612289.SRDLC, 30.99%, 08/22/2027 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 2,497 | | | | 2,518 | | | | 2,486 | |
192613924.SRDLC, 19.94%, 08/30/2027 (a)(s) | | Lending Club | | | 8/22/2022 | | | | 20,196 | | | | 20,196 | | | | 19,386 | |
192614412.SRDLC, 25.99%, 08/17/2025 (a)(s) | | Lending Club | | | 8/19/2022 | | | | 12,957 | | | | 13,025 | | | | 12,680 | |
192620926.SRDLC, 25.99%, 08/17/2025 (a)(p)(s) | | Lending Club | | | 8/19/2022 | | | | 852 | | | | 856 | | | | 831 | |
192622579.SRDLC, 16.49%, 08/23/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 18,268 | | | | 18,268 | | | | 17,432 | |
192625413.SRDLC, 21.19%, 08/18/2027 (a)(s) | | Lending Club | | | 8/22/2022 | | | | 24,009 | | | | 24,009 | | | | 23,085 | |
192629073.SRDLC, 32.39%, 08/19/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 12,324 | | | | 12,424 | | | | 12,602 | |
192631895.SRDLC, 19.99%, 08/17/2025 (a)(s) | | Lending Club | | | 8/19/2022 | | | | 5,181 | | | | 5,207 | | | | 5,035 | |
192634375.SRDLC, 13.99%, 02/17/2026 (a)(s) | | Lending Club | | | 8/19/2022 | | | | 24,789 | | | | 24,789 | | | | 20,681 | |
192637025.SRDLC, 30.99%, 08/18/2025 (a)(p)(s) | | Lending Club | | | 8/22/2022 | | | | 2,543 | | | | 2,569 | | | | 275 | |
192639185.SRDLC, 25.99%, 08/19/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 8,895 | | | | 8,895 | | | | 8,799 | |
192640791.SRDLC, 30.99%, 02/28/2026 (a)(p)(s) | | Lending Club | | | 8/22/2022 | | | | 1,582 | | | | 1,598 | | | | 298 | |
192642788.SRDLC, 30.99%, 02/25/2028 (a)(p)(s) | | Lending Club | | | 8/29/2022 | | | | 4,531 | | | | 4,576 | | | | 491 | |
192642800.SRDLC, 30.99%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 8/23/2022 | | | | 2,451 | | | | 2,465 | | | | 2,414 | |
192645606.SRDLC, 16.19%, 08/19/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 5,042 | | | | 5,042 | | | | 4,909 | |
192646300.SRDLC, 30.99%, 04/26/2026 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 3,972 | | | | 4,004 | | | | 3,850 | |
192655658.SRDLC, 24.49%, 08/19/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 4,277 | | | | 4,277 | | | | 4,098 | |
192655928.SRDLC, 24.99%, 08/26/2027 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 5,877 | | | | 5,877 | | | | 1,394 | |
192659696.SRDLC, 23.99%, 08/16/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 1,643 | | | | 1,643 | | | | 1,577 | |
192662250.SRDLC, 29.49%, 08/19/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 13,810 | | | | 13,810 | | | | 13,257 | |
192662590.SRDLC, 26.49%, 08/04/2025 (a)(p)(s) | | Lending Club | | | 8/23/2022 | | | | 4,742 | | | | 4,742 | | | | 3,874 | |
192666442.SRDLC, 20.49%, 08/31/2027 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 9,288 | | | | 9,288 | | | | 8,942 | |
192668976.SRDLC, 22.49%, 08/22/2027 (a)(p)(s) | | Lending Club | | | 8/24/2022 | | | | 3,864 | | | | 3,864 | | | | 419 | |
192671256.SRDLC, 32.39%, 08/17/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 16,355 | | | | 16,355 | | | | 16,718 | |
192681682.SRDLC, 29.49%, 08/25/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 14,058 | | | | 14,058 | | | | 1,938 | |
192682285.SRDLC, 15.99%, 08/19/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 5,035 | | | | 5,035 | | | | 4,826 | |
192691765.SRDLC, 30.99%, 08/28/2025 (a)(p)(s) | | Lending Club | | | 8/23/2022 | | | | 1,690 | | | | 1,707 | | | | 0 | |
192694158.SRDLC, 25.99%, 08/19/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 3,239 | | | | 3,239 | | | | 3,138 | |
192694190.SRDLC, 21.99%, 08/19/2027 (a)(p)(s) | | Lending Club | | | 8/23/2022 | | | | 6,068 | | | | 6,129 | | | | 991 | |
192698444.SRDLC, 11.29%, 09/01/2025 (a)(s) | | Lending Club | | | 9/6/2022 | | | | 8,784 | | | | 8,741 | | | | 8,495 | |
192702036.SRDLC, 26.49%, 08/19/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 9,572 | | | | 9,572 | | | | 9,365 | |
192704436.SRDLC, 16.94%, 08/26/2027 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 16,602 | | | | 16,602 | | | | 16,089 | |
192708355.SRDLC, 32.39%, 08/19/2027 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 15,549 | | | | 15,701 | | | | 15,893 | |
192713407.SRDLC, 18.99%, 08/19/2025 (a)(s) | | Lending Club | | | 8/23/2022 | | | | 1,543 | | | | 1,551 | | | | 1,502 | |
192726339.SRDLC, 24.49%, 08/22/2025 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 1,603 | | | | 1,603 | | | | 1,542 | |
192743620.SRDLC, 17.24%, 08/23/2025 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 2,032 | | | | 2,043 | | | | 1,980 | |
192746030.SRDLC, 10.00%, 03/12/2028 (a)(p)(s) | | Lending Club | | | 9/14/2022 | | | | 22,889 | | | | 22,662 | | | | 20,326 | |
192749125.SRDLC, 32.39%, 08/22/2027 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 10,003 | | | | 10,003 | | | | 10,212 | |
192758531.SRDLC, 20.49%, 09/16/2024 (a)(s) | | Lending Club | | | 9/20/2022 | | | | 3,516 | | | | 3,524 | | | | 3,529 | |
192759832.SRDLC, 22.99%, 08/31/2027 (a)(p)(s) | | Lending Club | | | 8/24/2022 | | | | 18,885 | | | | 18,885 | | | | 18,638 | |
192766943.SRDLC, 22.99%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 14,085 | | | | 14,188 | | | | 14,008 | |
192771675.SRDLC, 25.99%, 08/22/2027 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 13,524 | | | | 13,524 | | | | 13,440 | |
192775167.SRDLC, 26.99%, 08/22/2025 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 1,630 | | | | 1,639 | | | | 1,610 | |
192776232.SRDLC, 29.99%, 08/22/2025 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 3,325 | | | | 3,343 | | | | 3,284 | |
192776777.SRDLC, 30.74%, 09/11/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 1,776 | | | | 1,787 | | | | 1,731 | |
192780614.SRDLC, 23.99%, 08/30/2027 (a)(p)(s) | | Lending Club | | | 8/24/2022 | | | | 3,960 | | | | 3,991 | | | | 3,888 | |
192782972.SRDLC, 15.44%, 08/22/2025 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 835 | | | | 835 | | | | 816 | |
192789922.SRDLC, 25.99%, 09/06/2027 (a)(s) | | Lending Club | | | 9/8/2022 | | | | 10,506 | | | | 10,413 | | | | 10,263 | |
192792740.SRDLC, 30.99%, 08/30/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 6,691 | | | | 6,731 | | | | 6,646 | |
192796294.SRDLC, 9.09%, 09/01/2025 (a)(p)(s) | | Lending Club | | | 9/6/2022 | | | | 6,665 | | | | 6,665 | | | | 722 | |
192796437.SRDLC, 22.49%, 08/22/2025 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 2,636 | | | | 2,650 | | | | 2,567 | |
192800194.SRDLC, 20.99%, 08/23/2025 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 3,652 | | | | 3,671 | | | | 3,558 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
65
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
192810627.SRDLC, 19.94%, 08/23/2025 (a)(p)(s) | | Lending Club | | | 8/25/2022 | | | $ | 4,278 | | | $ | 4,278 | | | $ | 463 | |
192815018.SRDLC, 20.99%, 08/25/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 3,131 | | | | 3,146 | | | | 3,046 | |
192817165.SRDLC, 30.99%, 02/22/2028 (a)(p)(s) | | Lending Club | | | 8/24/2022 | | | | 10,424 | | | | 10,515 | | | | 10,421 | |
192817671.SRDLC, 22.99%, 08/29/2025 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 2,562 | | | | 2,577 | | | | 2,523 | |
192817846.SRDLC, 25.99%, 08/22/2025 (a)(p)(s) | | Lending Club | | | 8/24/2022 | | | | 2,932 | | | | 2,961 | | | | 318 | |
192821713.SRDLC, 29.49%, 08/17/2027 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 3,225 | | | | 3,225 | | | | 3,281 | |
192822780.SRDLC, 22.49%, 08/22/2025 (a)(s) | | Lending Club | | | 8/24/2022 | | | | 13,180 | | | | 13,249 | | | | 12,834 | |
192824567.SRDLC, 19.74%, 08/23/2025 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 1,655 | | | | 1,664 | | | | 1,613 | |
192826738.SRDLC, 28.99%, 08/23/2025 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 826 | | | | 830 | | | | 816 | |
192832835.SRDLC, 30.99%, 09/04/2027 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 10,111 | | | | 10,201 | | | | 10,005 | |
192835380.SRDLC, 22.99%, 08/23/2025 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 3,439 | | | | 3,457 | | | | 3,377 | |
192836364.SRDLC, 20.49%, 08/25/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 1,248 | | | | 1,254 | | | | 1,217 | |
192842278.SRDLC, 29.49%, 08/24/2025 (a)(s) | | Lending Club | | | 8/26/2022 | | | | 7,491 | | | | 7,491 | | | | 7,191 | |
192845820.SRDLC, 18.49%, 08/03/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 3,262 | | | | 3,262 | | | | 3,147 | |
192846539.SRDLC, 26.49%, 08/23/2025 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 975 | | | | 975 | | | | 946 | |
192847951.SRDLC, 26.99%, 08/24/2025 (a)(s) | | Lending Club | | | 8/26/2022 | | | | 2,717 | | | | 2,732 | | | | 2,687 | |
192855200.SRDLC, 28.99%, 08/26/2027 (a)(s) | | Lending Club | | | 8/25/2022 | | | | 3,407 | | | | 3,407 | | | | 3,464 | |
192861177.SRDLC, 26.49%, 08/23/2027 (a)(p)(s) | | Lending Club | | | 8/25/2022 | | | | 4,313 | | | | 4,313 | | | | 467 | |
192863062.SRDLC, 30.99%, 08/25/2025 (a)(p)(s) | | Lending Club | | | 8/29/2022 | | | | 5,584 | | | | 5,599 | | | | 5,511 | |
192864288.SRDLC, 20.99%, 08/05/2025 (a)(p)(s) | | Lending Club | | | 8/29/2022 | | | | 1,998 | | | | 2,008 | | | | 1,921 | |
192867016.SRDLC, 15.19%, 08/25/2027 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 4,925 | | | | 4,925 | | | | 4,773 | |
192869569.SRDLC, 11.29%, 08/24/2025 (a)(s) | | Lending Club | | | 8/26/2022 | | | | 7,293 | | | | 7,293 | | | | 7,096 | |
192869827.SRDLC, 26.74%, 08/25/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 11,656 | | | | 11,703 | | | | 11,543 | |
192876219.SRDLC, 30.99%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 3,337 | | | | 3,357 | | | | 3,316 | |
192876522.SRDLC, 32.39%, 08/25/2027 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 6,573 | | | | 6,626 | | | | 6,751 | |
192876723.SRDLC, 24.99%, 08/24/2025 (a)(p)(s) | | Lending Club | | | 8/26/2022 | | | | 2,580 | | | | 2,580 | | | | 154 | |
192879657.SRDLC, 15.94%, 08/24/2027 (a)(p)(s) | | Lending Club | | | 8/26/2022 | | | | 13,586 | | | | 13,586 | | | | 1,471 | |
192881890.SRDLC, 27.24%, 08/25/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 1,306 | | | | 1,313 | | | | 1,294 | |
192885568.SRDLC, 26.99%, 08/25/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 1,359 | | | | 1,364 | | | | 1,342 | |
192886814.SRDLC, 10.00%, 01/26/2026 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 5,242 | | | | 5,292 | | | | 5,022 | |
192890459.SRDLC, 30.99%, 08/21/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 4,404 | | | | 4,428 | | | | 4,354 | |
192891554.SRDLC, 20.24%, 08/24/2025 (a)(s) | | Lending Club | | | 8/26/2022 | | | | 2,596 | | | | 2,596 | | | | 2,533 | |
192892859.SRDLC, 25.99%, 02/26/2026 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 4,778 | | | | 4,810 | | | | 4,616 | |
192894830.SRDLC, 30.99%, 08/03/2027 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 6,504 | | | | 6,566 | | | | 6,568 | |
192895571.SRDLC, 19.99%, 08/26/2025 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 1,554 | | | | 1,562 | | | | 1,517 | |
192896950.SRDLC, 12.24%, 08/26/2025 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 9,373 | | | | 9,373 | | | | 1,015 | |
192896989.SRDLC, 25.99%, 08/25/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 1,085 | | | | 1,085 | | | | 1,050 | |
192899816.SRDLC, 20.74%, 08/25/2025 (a)(s) | | Lending Club | | | 8/29/2022 | | | | 2,188 | | | | 2,188 | | | | 2,142 | |
192902759.SRDLC, 21.99%, 08/26/2027 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 4,903 | | | | 4,949 | | | | 4,808 | |
192913549.SRDLC, 22.49%, 08/26/2027 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 12,484 | | | | 12,484 | | | | 12,065 | |
192917763.SRDLC, 12.24%, 09/07/2025 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 5,222 | | | | 5,222 | | | | 5,038 | |
192923851.SRDLC, 20.99%, 08/26/2025 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 1,565 | | | | 1,573 | | | | 1,528 | |
192924727.SRDLC, 25.24%, 08/26/2027 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 9,476 | | | | 9,476 | | | | 1,026 | |
192930139.SRDLC, 25.24%, 08/26/2027 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 20,012 | | | | 20,012 | | | | 2,167 | |
192931533.SRDLC, 22.74%, 08/22/2027 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 7,778 | | | | 7,778 | | | | 7,755 | |
192932635.SRDLC, 25.49%, 04/29/2027 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 10,395 | | | | 10,395 | | | | 2,431 | |
192934351.SRDLC, 30.99%, 08/26/2025 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 3,348 | | | | 3,362 | | | | 3,306 | |
192934415.SRDLC, 14.49%, 08/26/2025 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 13,890 | | | | 13,890 | | | | 1,504 | |
192935971.SRDLC, 13.19%, 08/26/2027 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 5,847 | | | | 5,847 | | | | 5,730 | |
192949362.SRDLC, 20.74%, 08/30/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 5,208 | | | | 5,236 | | | | 5,088 | |
192951569.SRDLC, 22.99%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 3,214 | | | | 3,246 | | | | 582 | |
192954346.SRDLC, 17.49%, 08/06/2025 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 2,087 | | | | 2,087 | | | | 2,026 | |
192954826.SRDLC, 15.19%, 08/26/2027 (a)(s) | | Lending Club | | | 8/30/2022 | | | | 11,939 | | | | 11,939 | | | | 11,575 | |
192955270.SRDLC, 25.99%, 03/31/2028 (a)(p)(s) | | Lending Club | | | 8/30/2022 | | | | 13,915 | | | | 13,915 | | | | 1,507 | |
192955657.SRDLC, 25.99%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 5,399 | | | | 5,422 | | | | 5,298 | |
192956476.SRDLC, 25.74%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 10,328 | | | | 10,404 | | | | 10,266 | |
192956853.SRDLC, 16.49%, 08/15/2025 (a)(s) | | Lending Club | | | 9/1/2022 | | | | 3,717 | | | | 3,735 | | | | 3,623 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
66
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
192960228.SRDLC, 15.99%, 09/01/2025 (a)(s) | | Lending Club | | | 8/30/2022 | | | $ | 6,840 | | | $ | 6,840 | | | $ | 6,589 | |
192964543.SRDLC, 32.39%, 09/14/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 12,490 | | | | 12,609 | | | | 12,286 | |
192966506.SRDLC, 30.99%, 08/29/2025 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 7,471 | | | | 7,546 | | | | 809 | |
192978951.SRDLC, 31.49%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 4,486 | | | | 4,510 | | | | 4,492 | |
192979492.SRDLC, 16.69%, 08/29/2026 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 17,833 | | | | 17,833 | | | | 17,573 | |
192979855.SRDLC, 26.99%, 08/30/2025 (a)(s) | | Lending Club | | | 9/1/2022 | | | | 500 | | | | 502 | | | | 496 | |
192982092.SRDLC, 22.24%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 6,623 | | | | 6,623 | | | | 6,406 | |
192989933.SRDLC, 14.94%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 15,644 | | | | 15,644 | | | | 15,177 | |
192989998.SRDLC, 30.99%, 08/27/2025 (a)(s) | | Lending Club | | | 9/1/2022 | | | | 3,323 | | | | 3,344 | | | | 3,293 | |
192990369.SRDLC, 30.99%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 5,005 | | | | 5,035 | | | | 4,974 | |
192991046.SRDLC, 29.99%, 09/03/2025 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 19,980 | | | | 20,180 | | | | 2,164 | |
192995083.SRDLC, 32.39%, 09/06/2027 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 9,977 | | | | 10,066 | | | | 10,060 | |
192996701.SRDLC, 30.74%, 09/16/2025 (a)(s) | | Lending Club | | | 9/6/2022 | | | | 5,348 | | | | 5,378 | | | | 5,239 | |
193000989.SRDLC, 20.99%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 1,252 | | | | 1,252 | | | | 1,228 | |
193001021.SRDLC, 25.99%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 972 | | | | 976 | | | | 957 | |
193001323.SRDLC, 19.69%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 5,170 | | | | 5,170 | | | | 5,071 | |
193005732.SRDLC, 23.99%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 11,803 | | | | 11,803 | | | | 11,782 | |
193006752.SRDLC, 22.99%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 5,226 | | | | 5,241 | | | | 5,149 | |
193008719.SRDLC, 25.49%, 08/30/2027 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 10,294 | | | | 10,234 | | | | 10,291 | |
193008800.SRDLC, 15.99%, 09/23/2025 (a)(s) | | Lending Club | | | 9/27/2022 | | | | 1,701 | | | | 1,692 | | | | 1,655 | |
193011037.SRDLC, 15.74%, 08/30/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 4,272 | | | | 4,251 | | | | 4,170 | |
193013525.SRDLC, 31.89%, 08/29/2026 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 3,487 | | | | 3,510 | | | | 3,556 | |
193015947.SRDLC, 15.00%, 12/30/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 3,574 | | | | 3,609 | | | | 3,286 | |
193016420.SRDLC, 24.69%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 11,849 | | | | 11,849 | | | | 11,826 | |
193016442.SRDLC, 24.49%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 3,848 | | | | 3,867 | | | | 3,791 | |
193018530.SRDLC, 22.24%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 2,369 | | | | 2,369 | | | | 2,316 | |
193019713.SRDLC, 23.49%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 6,370 | | | | 6,370 | | | | 6,311 | |
193020910.SRDLC, 13.44%, 08/18/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 3,926 | | | | 3,926 | | | | 3,815 | |
193025123.SRDLC, 18.74%, 08/29/2025 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 5,964 | | | | 6,024 | | | | 1,504 | |
193043411.SRDLC, 25.19%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 3,960 | | | | 3,960 | | | | 3,952 | |
193043888.SRDLC, 18.49%, 09/27/2025 (a)(s) | | Lending Club | | | 9/29/2022 | | | | 2,704 | | | | 2,689 | | | | 2,636 | |
193048715.SRDLC, 18.49%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 12,304 | | | | 12,364 | | | | 12,008 | |
193049189.SRDLC, 25.49%, 08/29/2025 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 2,854 | | | | 2,882 | | | | 309 | |
193051392.SRDLC, 24.99%, 09/16/2027 (a)(s) | | Lending Club | | | 9/20/2022 | | | | 16,278 | | | | 16,148 | | | | 16,089 | |
193051775.SRDLC, 24.49%, 09/08/2027 (a)(s) | | Lending Club | | | 9/12/2022 | | | | 4,314 | | | | 4,274 | | | | 4,225 | |
193063140.SRDLC, 14.44%, 09/09/2025 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 5,811 | | | | 5,811 | | | | 5,614 | |
193067174.SRDLC, 10.79%, 09/03/2025 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 18,781 | | | | 18,781 | | | | 4,462 | |
193070371.SRDLC, 15.00%, 04/25/2028 (a)(p)(s) | | Lending Club | | | 9/16/2022 | | | | 4,879 | | | | 4,927 | | | | 4,873 | |
193075296.SRDLC, 30.99%, 08/29/2027 (a)(p)(s) | | Lending Club | | | 8/31/2022 | | | | 10,052 | | | | 10,147 | | | | 10,262 | |
193075353.SRDLC, 26.49%, 08/31/2027 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 7,568 | | | | 7,644 | | | | 820 | |
193079923.SRDLC, 20.99%, 08/30/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 782 | | | | 786 | | | | 764 | |
193081235.SRDLC, 16.19%, 08/29/2027 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 9,005 | | | | 9,005 | | | | 8,734 | |
193081267.SRDLC, 30.99%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2022 | | | | 776 | | | | 780 | | | | 769 | |
193085767.SRDLC, 27.74%, 08/30/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 6,104 | | | | 6,165 | | | | 4,693 | |
193085811.SRDLC, 22.49%, 08/31/2027 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 5,455 | | | | 5,416 | | | | 5,277 | |
193088858.SRDLC, 28.99%, 08/30/2027 (a)(s) | | Lending Club | | | 9/1/2022 | | | | 8,887 | | | | 8,963 | | | | 9,177 | |
193089979.SRDLC, 23.49%, 08/30/2025 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 4,963 | | | | 4,990 | | | | 4,896 | |
193106592.SRDLC, 24.49%, 09/29/2027 (a)(s) | | Lending Club | | | 9/6/2022 | | | | 6,533 | | | | 6,481 | | | | 6,500 | |
193107288.SRDLC, 23.99%, 08/31/2027 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 19,647 | | | | 19,503 | | | | 19,661 | |
193109985.SRDLC, 32.39%, 09/09/2027 (a)(p)(s) | | Lending Club | | | 9/8/2022 | | | | 4,935 | | | | 4,948 | | | | 534 | |
193110078.SRDLC, 20.99%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 1,098 | | | | 1,104 | | | | 1,073 | |
193110115.SRDLC, 20.99%, 09/07/2025 (a)(s) | | Lending Club | | | 9/9/2022 | | | | 1,650 | | | | 1,658 | | | | 1,592 | |
193110233.SRDLC, 25.99%, 01/04/2026 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 8,047 | | | | 8,127 | | | | 871 | |
193110550.SRDLC, 22.99%, 01/15/2026 (a)(p)(s) | | Lending Club | | | 9/1/2022 | | | | 7,379 | | | | 7,453 | | | | 1,847 | |
193120148.SRDLC, 28.99%, 08/31/2027 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 16,134 | | | | 16,275 | | | | 16,668 | |
193124504.SRDLC, 27.24%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 543 | | | | 546 | | | | 540 | |
193125411.SRDLC, 21.49%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 2,613 | | | | 2,628 | | | | 2,553 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
67
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
193127470.SRDLC, 30.99%, 09/08/2025 (a)(s) | | Lending Club | | | 9/12/2022 | | | $ | 4,685 | | | $ | 4,711 | | | $ | 4,577 | |
193132810.SRDLC, 24.49%, 08/31/2027 (a)(s) | | Lending Club | | | 9/2/2022 | | | | 7,557 | | | | 7,614 | | | | 7,522 | |
193133835.SRDLC, 18.49%, 09/01/2025 (a)(s) | | Lending Club | | | 9/6/2022 | | | | 5,427 | | | | 5,399 | | | | 5,235 | |
193139838.SRDLC, 13.99%, 09/01/2025 (a)(s) | | Lending Club | | | 9/6/2022 | | | | 1,258 | | | | 1,252 | | | | 1,216 | |
193147466.SRDLC, 23.99%, 09/15/2027 (a)(p)(s) | | Lending Club | | | 9/6/2022 | | | | 27,176 | | | | 27,176 | | | | 2,943 | |
193150159.SRDLC, 30.99%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 9/2/2022 | | | | 1,335 | | | | 1,343 | | | | 1,326 | |
193178019.SRDLC, 28.24%, 09/02/2025 (a)(p)(s) | | Lending Club | | | 9/7/2022 | | | | 9,637 | | | | 9,637 | | | | 1,044 | |
193178153.SRDLC, 9.59%, 09/07/2027 (a)(s) | | Lending Club | | | 9/9/2022 | | | | 13,199 | | | | 13,104 | | | | 12,448 | |
193178177.SRDLC, 17.19%, 09/06/2027 (a)(s) | | Lending Club | | | 9/8/2022 | | | | 22,327 | | | | 22,154 | | | | 21,382 | |
193184149.SRDLC, 18.99%, 09/21/2025 (a)(p)(s) | | Lending Club | | | 9/8/2022 | | | | 2,905 | | | | 2,912 | | | | 409 | |
193185229.SRDLC, 30.99%, 09/22/2027 (a)(p)(s) | | Lending Club | | | 9/9/2022 | | | | 6,974 | | | | 6,991 | | | | 755 | |
193207659.SRDLC, 15.99%, 09/20/2025 (a)(p)(s) | | Lending Club | | | 9/8/2022 | | | | 6,971 | | | | 6,971 | | | | 755 | |
193213965.SRDLC, 26.99%, 09/22/2025 (a)(s) | | Lending Club | | | 9/26/2022 | | | | 4,100 | | | | 4,123 | | | | 4,044 | |
193225539.SRDLC, 32.39%, 09/15/2027 (a)(s) | | Lending Club | | | 9/7/2022 | | | | 7,883 | | | | 7,952 | | | | 7,932 | |
193239193.SRDLC, 20.49%, 09/09/2027 (a)(s) | | Lending Club | | | 9/13/2022 | | | | 10,984 | | | | 10,899 | | | | 10,531 | |
193242762.SRDLC, 17.74%, 10/06/2025 (a)(p)(s) | | Lending Club | | | 9/8/2022 | | | | 11,387 | | | | 11,387 | | | | 1,460 | |
193245917.SRDLC, 15.99%, 09/12/2025 (a)(s) | | Lending Club | | | 9/14/2022 | | | | 3,827 | | | | 3,808 | | | | 3,710 | |
193266605.SRDLC, 32.39%, 09/15/2027 (a)(s) | | Lending Club | | | 9/8/2022 | | | | 16,776 | | | | 16,721 | | | | 16,863 | |
193273526.SRDLC, 25.99%, 09/07/2025 (a)(s) | | Lending Club | | | 9/9/2022 | | | | 2,277 | | | | 2,279 | | | | 2,201 | |
193278182.SRDLC, 9.34%, 09/13/2025 (a)(s) | | Lending Club | | | 9/12/2022 | | | | 5,081 | | | | 5,056 | | | | 4,918 | |
193279016.SRDLC, 9.59%, 09/02/2025 (a)(s) | | Lending Club | | | 9/16/2022 | | | | 3,783 | | | | 3,764 | | | | 3,656 | |
193287070.SRDLC, 18.19%, 09/11/2026 (a)(s) | | Lending Club | | | 9/8/2022 | | | | 1,727 | | | | 1,715 | | | | 1,738 | |
193294673.SRDLC, 20.44%, 09/20/2027 (a)(p)(s) | | Lending Club | | | 9/8/2022 | | | | 12,136 | | | | 12,043 | | | | 11,592 | |
193299697.SRDLC, 13.99%, 09/07/2025 (a)(s) | | Lending Club | | | 9/9/2022 | | | | 2,936 | | | | 2,921 | | | | 2,826 | |
193309315.SRDLC, 15.99%, 09/06/2025 (a)(s) | | Lending Club | | | 9/8/2022 | | | | 4,253 | | | | 4,231 | | | | 4,114 | |
193322974.SRDLC, 31.74%, 09/07/2027 (a)(p)(s) | | Lending Club | | | 9/9/2022 | | | | 5,683 | | | | 5,697 | | | | 615 | |
193330824.SRDLC, 22.74%, 10/11/2027 (a)(p)(s) | | Lending Club | | | 10/13/2022 | | | | 11,614 | | | | 11,527 | | | | 11,395 | |
193333795.SRDLC, 25.99%, 09/08/2025 (a)(s) | | Lending Club | | | 9/12/2022 | | | | 2,839 | | | | 2,855 | | | | 2,759 | |
193341840.SRDLC, 32.39%, 09/15/2027 (a)(p)(s) | | Lending Club | | | 9/29/2022 | | | | 13,301 | | | | 13,434 | | | | 1,440 | |
193347562.SRDLC, 18.24%, 09/20/2025 (a)(s) | | Lending Club | | | 9/13/2022 | | | | 7,850 | | | | 7,890 | | | | 7,608 | |
193348242.SRDLC, 25.49%, 09/07/2027 (a)(s) | | Lending Club | | | 9/9/2022 | | | | 6,447 | | | | 6,499 | | | | 6,309 | |
193355104.SRDLC, 10.79%, 09/19/2025 (a)(s) | | Lending Club | | | 9/21/2022 | | | | 17,934 | | | | 17,844 | | | | 17,400 | |
193357114.SRDLC, 13.19%, 09/22/2025 (a)(s) | | Lending Club | | | 9/12/2022 | | | | 7,910 | | | | 7,869 | | | | 7,657 | |
193359361.SRDLC, 24.24%, 09/09/2025 (a)(s) | | Lending Club | | | 9/13/2022 | | | | 969 | | | | 963 | | | | 948 | |
193363726.SRDLC, 27.99%, 09/16/2024 (a)(p)(s) | | Lending Club | | | 9/20/2022 | | | | 8,761 | | | | 8,849 | | | | 949 | |
193378827.SRDLC, 15.99%, 09/27/2025 (a)(p)(s) | | Lending Club | | | 9/14/2022 | | | | 12,769 | | | | 12,641 | | | | 1,383 | |
193390533.SRDLC, 30.99%, 09/04/2027 (a)(p)(s) | | Lending Club | | | 9/14/2022 | | | | 5,251 | | | | 5,304 | | | | 569 | |
193392433.SRDLC, 21.49%, 09/08/2025 (a)(s) | | Lending Club | | | 9/12/2022 | | | | 2,758 | | | | 2,773 | | | | 2,664 | |
193397249.SRDLC, 25.24%, 09/09/2025 (a)(p)(s) | | Lending Club | | | 9/13/2022 | | | | 15,622 | | | | 15,465 | | | | 1,692 | |
193401898.SRDLC, 28.99%, 09/12/2025 (a)(s) | | Lending Club | | | 9/14/2022 | | | | 3,862 | | | | 3,840 | | | | 3,676 | |
193402913.SRDLC, 26.49%, 09/16/2025 (a)(p)(s) | | Lending Club | | | 9/20/2022 | | | | 3,714 | | | | 3,677 | | | | 402 | |
193405242.SRDLC, 24.49%, 09/22/2025 (a)(s) | | Lending Club | | | 9/27/2022 | | | | 2,134 | | | | 2,122 | | | | 2,048 | |
193409636.SRDLC, 17.69%, 11/21/2025 (a)(p)(s) | | Lending Club | | | 9/14/2022 | | | | 7,256 | | | | 7,183 | | | | 786 | |
193413820.SRDLC, 32.39%, 10/25/2027 (a)(p)(s) | | Lending Club | | | 9/13/2022 | | | | 4,666 | | | | 4,713 | | | | 0 | |
193427219.SRDLC, 28.99%, 09/30/2025 (a)(p)(s) | | Lending Club | | | 9/23/2022 | | | | 11,699 | | | | 11,626 | | | | 11,134 | |
193432417.SRDLC, 13.69%, 09/15/2025 (a)(p)(s) | | Lending Club | | | 9/14/2022 | | | | 35,316 | | | | 34,963 | | | | 3,825 | |
193441057.SRDLC, 32.39%, 09/20/2027 (a)(s) | | Lending Club | | | 9/14/2022 | | | | 6,756 | | | | 6,817 | | | | 6,778 | |
193442527.SRDLC, 25.99%, 09/12/2025 (a)(s) | | Lending Club | | | 9/14/2022 | | | | 1,702 | | | | 1,712 | | | | 1,657 | |
193469852.SRDLC, 14.54%, 09/27/2025 (a)(s) | | Lending Club | | | 9/14/2022 | | | | 1,275 | | | | 1,282 | | | | 1,239 | |
193490277.SRDLC, 25.99%, 09/12/2025 (a)(s) | | Lending Club | | | 9/14/2022 | | | | 681 | | | | 685 | | | | 663 | |
193491097.SRDLC, 15.00%, 02/12/2028 (a)(p)(s) | | Lending Club | | | 9/14/2022 | | | | 5,025 | | | | 5,075 | | | | 4,447 | |
193502349.SRDLC, 21.99%, 09/21/2025 (a)(s) | | Lending Club | | | 9/16/2022 | | | | 4,007 | | | | 4,029 | | | | 3,881 | |
193508769.SRDLC, 32.39%, 09/19/2027 (a)(p)(s) | | Lending Club | | | 9/21/2022 | | | | 17,101 | | | | 16,930 | | | | 4,244 | |
193514957.SRDLC, 24.99%, 09/20/2027 (a)(s) | | Lending Club | | | 9/19/2022 | | | | 25,663 | | | | 25,458 | | | | 25,300 | |
193519115.SRDLC, 30.99%, 09/19/2025 (a)(s) | | Lending Club | | | 9/14/2022 | | | | 2,950 | | | | 2,967 | | | | 2,890 | |
193525822.SRDLC, 20.49%, 09/20/2025 (a)(s) | | Lending Club | | | 9/22/2022 | | | | 2,302 | | | | 2,289 | | | | 2,243 | |
193543089.SRDLC, 25.19%, 09/27/2027 (a)(s) | | Lending Club | | | 9/29/2022 | | | | 8,360 | | | | 8,277 | | | | 8,304 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
68
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
193565598.SRDLC, 15.99%, 09/16/2025 (a)(s) | | Lending Club | | | 9/20/2022 | | | $ | 1,476 | | | $ | 1,468 | | | $ | 1,424 | |
193582949.SRDLC, 18.49%, 09/16/2025 (a)(s) | | Lending Club | | | 9/20/2022 | | | | 17,209 | | | | 17,118 | | | | 16,582 | |
193602909.SRDLC, 24.49%, 09/15/2027 (a)(s) | | Lending Club | | | 9/19/2022 | | | | 7,216 | | | | 7,273 | | | | 7,098 | |
193612173.SRDLC, 10.79%, 09/19/2025 (a)(p)(s) | | Lending Club | | | 9/21/2022 | | | | 4,543 | | | | 4,497 | | | | 624 | |
193639194.SRDLC, 20.49%, 09/19/2027 (a)(s) | | Lending Club | | | 9/21/2022 | | | | 7,846 | | | | 7,785 | | | | 7,549 | |
193640201.SRDLC, 32.39%, 09/19/2027 (a)(s) | | Lending Club | | | 9/21/2022 | | | | 10,252 | | | | 10,149 | | | | 10,114 | |
193645928.SRDLC, 19.49%, 04/01/2028 (a)(s) | | Lending Club | | | 9/20/2022 | | | | 3,470 | | | | 3,503 | | | | 3,378 | |
193689839.SRDLC, 30.99%, 09/19/2025 (a)(s) | | Lending Club | | | 9/21/2022 | | | | 2,342 | | | | 2,356 | | | | 2,304 | |
193693368.SRDLC, 19.99%, 09/23/2025 (a)(s) | | Lending Club | | | 9/27/2022 | | | | 1,966 | | | | 1,977 | | | | 1,912 | |
193696796.SRDLC, 32.39%, 09/16/2027 (a)(s) | | Lending Club | | | 9/20/2022 | | | | 16,659 | | | | 16,796 | | | | 16,939 | |
193700025.SRDLC, 24.94%, 09/22/2025 (a)(s) | | Lending Club | | | 9/21/2022 | | | | 1,134 | | | | 1,128 | | | | 1,114 | |
193704775.SRDLC, 20.99%, 10/07/2027 (a)(s) | | Lending Club | | | 10/12/2022 | | | | 7,999 | | | | 8,014 | | | | 7,770 | |
193709519.SRDLC, 9.09%, 09/23/2025 (a)(s) | | Lending Club | | | 9/27/2022 | | | | 2,480 | | | | 2,467 | | | | 2,409 | |
193712658.SRDLC, 29.74%, 09/26/2025 (a)(s) | | Lending Club | | | 9/28/2022 | | | | 3,487 | | | | 3,507 | | | | 3,446 | |
193717551.SRDLC, 21.99%, 09/27/2025 (a)(p)(s) | | Lending Club | | | 9/29/2022 | | | | 4,943 | | | | 4,993 | | | | 535 | |
193719168.SRDLC, 22.49%, 09/19/2027 (a)(s) | | Lending Club | | | 9/21/2022 | | | | 7,933 | | | | 7,870 | | | | 7,630 | |
193722521.SRDLC, 30.99%, 09/26/2027 (a)(s) | | Lending Club | | | 9/27/2022 | | | | 20,270 | | | | 20,446 | | | | 20,655 | |
193741451.SRDLC, 29.99%, 09/05/2025 (a)(p)(s) | | Lending Club | | | 9/29/2022 | | | | 2,150 | | | | 2,163 | | | | 2,083 | |
193814373.SRDLC, 30.99%, 09/21/2025 (a)(s) | | Lending Club | | | 9/23/2022 | | | | 1,932 | | | | 1,943 | | | | 1,903 | |
193823411.SRDLC, 30.99%, 03/22/2026 (a)(p)(s) | | Lending Club | | | 9/26/2022 | | | | 8,502 | | | | 8,587 | | | | 921 | |
193838030.SRDLC, 24.99%, 05/05/2028 (a)(p)(s) | | Lending Club | | | 10/7/2022 | | | | 31,701 | | | | 31,384 | | | | 5,044 | |
193845623.SRDLC, 20.24%, 09/30/2027 (a)(p)(s) | | Lending Club | | | 9/28/2022 | | | | 7,716 | | | | 7,640 | | | | 3,993 | |
193847911.SRDLC, 20.19%, 09/23/2025 (a)(s) | | Lending Club | | | 9/27/2022 | | | | 2,730 | | | | 2,703 | | | | 2,666 | |
193864910.SRDLC, 12.69%, 09/26/2025 (a)(s) | | Lending Club | | | 9/28/2022 | | | | 10,389 | | | | 10,335 | | | | 10,094 | |
193891725.SRDLC, 14.19%, 09/29/2027 (a)(s) | | Lending Club | | | 10/3/2022 | | | | 22,671 | | | | 22,499 | | | | 21,962 | |
193897869.SRDLC, 23.49%, 09/26/2027 (a)(s) | | Lending Club | | | 9/28/2022 | | | | 11,963 | | | | 11,868 | | | | 11,254 | |
193900889.SRDLC, 22.49%, 09/26/2027 (a)(s) | | Lending Club | | | 9/28/2022 | | | | 16,184 | | | | 16,055 | | | | 15,610 | |
193904883.SRDLC, 30.99%, 09/23/2025 (a)(s) | | Lending Club | | | 9/27/2022 | | | | 1,757 | | | | 1,767 | | | | 1,734 | |
193919332.SRDLC, 30.99%, 10/31/2025 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 8,262 | | | | 8,182 | | | | 7,815 | |
193925110.SRDLC, 19.19%, 01/26/2026 (a)(s) | | Lending Club | | | 9/28/2022 | | | | 1,518 | | | | 1,504 | | | | 1,469 | |
193926621.SRDLC, 23.55%, 09/27/2025 (a)(s) | | Lending Club | | | 9/29/2022 | | | | 1,102 | | | | 1,107 | | | | 1,080 | |
193931676.SRDLC, 30.74%, 09/27/2025 (a)(s) | | Lending Club | | | 9/29/2022 | | | | 2,339 | | | | 2,352 | | | | 2,312 | |
193939471.SRDLC, 32.39%, 10/14/2027 (a)(s) | | Lending Club | | | 10/11/2022 | | | | 5,557 | | | | 5,571 | | | | 5,556 | |
193940880.SRDLC, 22.49%, 09/26/2027 (a)(s) | | Lending Club | | | 9/28/2022 | | | | 15,866 | | | | 15,740 | | | | 15,304 | |
193944455.SRDLC, 24.99%, 10/06/2025 (a)(p)(s) | | Lending Club | | | 9/28/2022 | | | | 3,134 | | | | 3,165 | | | | 339 | |
193956137.SRDLC, 24.99%, 10/27/2027 (a)(p)(s) | | Lending Club | | | 10/7/2022 | | | | 21,574 | | | | 21,789 | | | | 20,759 | |
193968510.SRDLC, 25.99%, 09/26/2025 (a)(p)(s) | | Lending Club | | | 9/28/2022 | | | | 4,818 | | | | 4,866 | | | | 522 | |
193976442.SRDLC, 29.99%, 02/28/2026 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 7,049 | | | | 7,049 | | | | 6,839 | |
193981563.SRDLC, 25.49%, 09/26/2027 (a)(s) | | Lending Club | | | 9/28/2022 | | | | 7,011 | | | | 6,955 | | | | 6,961 | |
193990313.SRDLC, 27.99%, 09/26/2025 (a)(p)(s) | | Lending Club | | | 9/28/2022 | | | | 3,527 | | | | 3,562 | | | | 382 | |
193993362.SRDLC, 23.99%, 09/26/2027 (a)(s) | | Lending Club | | | 9/28/2022 | | | | 12,398 | | | | 12,490 | | | | 12,194 | |
193996097.SRDLC, 22.99%, 09/26/2025 (a)(p)(s) | | Lending Club | | | 9/28/2022 | | | | 2,611 | | | | 2,637 | | | | 283 | |
194006210.SRDLC, 19.99%, 10/15/2027 (a)(s) | | Lending Club | | | 10/6/2022 | | | | 14,422 | | | | 14,307 | | | | 13,803 | |
194026974.SRDLC, 27.99%, 09/27/2025 (a)(p)(s) | | Lending Club | | | 9/29/2022 | | | | 1,824 | | | | 1,843 | | | | 198 | |
194027078.SRDLC, 29.99%, 10/04/2025 (a)(s) | | Lending Club | | | 10/6/2022 | | | | 841 | | | | 842 | | | | 816 | |
194040422.SRDLC, 20.99%, 09/27/2025 (a)(s) | | Lending Club | | | 9/29/2022 | | | | 1,924 | | | | 1,935 | | | | 1,874 | |
194041243.SRDLC, 15.00%, 01/27/2026 (a)(p)(s) | | Lending Club | | | 9/29/2022 | | | | 9,131 | | | | 9,180 | | | | 8,291 | |
194042196.SRDLC, 22.99%, 09/27/2025 (a)(s) | | Lending Club | | | 9/29/2022 | | | | 3,343 | | | | 3,361 | | | | 3,269 | |
194051376.SRDLC, 13.19%, 10/06/2027 (a)(s) | | Lending Club | | | 10/11/2022 | | | | 22,961 | | | | 22,788 | | | | 22,214 | |
194051674.SRDLC, 15.99%, 09/28/2025 (a)(s) | | Lending Club | | | 9/30/2022 | | | | 2,661 | | | | 2,646 | | | | 2,587 | |
194073006.SRDLC, 25.99%, 09/05/2027 (a)(p)(s) | | Lending Club | | | 10/3/2022 | | | | 5,363 | | | | 5,320 | | | | 5,222 | |
194120451.SRDLC, 27.99%, 10/06/2025 (a)(s) | | Lending Club | | | 10/11/2022 | | | | 7,950 | | | | 7,904 | | | | 7,575 | |
194126529.SRDLC, 28.99%, 10/18/2027 (a)(s) | | Lending Club | | | 10/20/2022 | | | | 4,990 | | | | 4,948 | | | | 5,025 | |
194127079.SRDLC, 30.99%, 10/24/2025 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 2,451 | | | | 2,455 | | | | 2,411 | |
194158910.SRDLC, 16.49%, 10/19/2027 (a)(s) | | Lending Club | | | 10/6/2022 | | | | 10,731 | | | | 10,649 | | | | 10,264 | |
194170547.SRDLC, 22.49%, 10/13/2025 (a)(p)(s) | | Lending Club | | | 10/17/2022 | | | | 17,954 | | | | 18,134 | | | | 1,944 | |
194180396.SRDLC, 28.99%, 10/21/2025 (a)(s) | | Lending Club | | | 10/25/2022 | | | | 1,999 | | | | 1,987 | | | | 1,910 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
69
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
194236594.SRDLC, 24.94%, 10/19/2025 (a)(p)(s) | | Lending Club | | | 10/7/2022 | | | $ | 6,728 | | | $ | 6,686 | | | $ | 6,585 | |
194249857.SRDLC, 30.99%, 10/05/2027 (a)(p)(s) | | Lending Club | | | 10/7/2022 | | | | 10,577 | | | | 10,471 | | | | 270 | |
194256083.SRDLC, 26.49%, 10/04/2026 (a)(s) | | Lending Club | | | 10/6/2022 | | | | 6,216 | | | | 6,228 | | | | 6,246 | |
194264252.SRDLC, 25.44%, 10/12/2027 (a)(s) | | Lending Club | | | 10/14/2022 | | | | 9,407 | | | | 9,330 | | | | 9,226 | |
194266501.SRDLC, 30.99%, 10/11/2025 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 3,064 | | | | 3,068 | | | | 2,988 | |
194279737.SRDLC, 19.24%, 10/04/2026 (a)(p)(s) | | Lending Club | | | 10/6/2022 | | | | 7,105 | | | | 7,118 | | | | 7,018 | |
194284598.SRDLC, 24.49%, 10/20/2025 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 2,861 | | | | 2,845 | | | | 2,722 | |
194290005.SRDLC, 32.39%, 10/14/2027 (a)(s) | | Lending Club | | | 10/18/2022 | | | | 8,440 | | | | 8,456 | | | | 8,525 | |
194324741.SRDLC, 32.39%, 10/06/2027 (a)(s) | | Lending Club | | | 10/11/2022 | | | | 16,880 | | | | 16,915 | | | | 16,959 | |
194326877.SRDLC, 27.24%, 10/11/2025 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 7,196 | | | | 7,206 | | | | 7,021 | |
194363819.SRDLC, 30.99%, 10/07/2025 (a)(s) | | Lending Club | | | 10/12/2022 | | | | 3,064 | | | | 3,068 | | | | 2,983 | |
194379768.SRDLC, 14.74%, 10/11/2024 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 2,781 | | | | 2,783 | | | | 2,782 | |
194389212.SRDLC, 32.39%, 10/14/2027 (a)(p)(s) | | Lending Club | | | 10/13/2022 | | | | 12,603 | | | | 12,500 | | | | 12,654 | |
194389850.SRDLC, 22.99%, 10/18/2025 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 5,893 | | | | 5,903 | | | | 5,705 | |
194389865.SRDLC, 10.79%, 10/11/2025 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 1,891 | | | | 1,881 | | | | 1,827 | |
194405751.SRDLC, 16.49%, 10/11/2027 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 10,925 | | | | 10,841 | | | | 10,375 | |
194413447.SRDLC, 9.34%, 10/11/2025 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 8,024 | | | | 7,982 | | | | 7,748 | |
194424781.SRDLC, 18.49%, 10/21/2024 (a)(p)(s) | | Lending Club | | | 10/25/2022 | | | | 4,350 | | | | 4,393 | | | | 471 | |
194430048.SRDLC, 15.19%, 10/14/2025 (a)(s) | | Lending Club | | | 10/18/2022 | | | | 5,556 | | | | 5,525 | | | | 5,378 | |
194431904.SRDLC, 24.49%, 10/11/2027 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 8,143 | | | | 8,078 | | | | 7,946 | |
194435945.SRDLC, 16.99%, 10/18/2025 (a)(s) | | Lending Club | | | 10/20/2022 | | | | 1,689 | | | | 1,691 | | | | 1,635 | |
194455826.SRDLC, 21.24%, 10/11/2027 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 16,018 | | | | 15,891 | | | | 15,325 | |
194459017.SRDLC, 23.99%, 10/11/2027 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 20,314 | | | | 20,340 | | | | 19,726 | |
194463123.SRDLC, 13.24%, 10/19/2025 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 12,690 | | | | 12,622 | | | | 12,220 | |
194468013.SRDLC, 25.99%, 10/11/2024 (a)(s) | | Lending Club | | | 10/13/2022 | | | | 1,050 | | | | 1,051 | | | | 1,061 | |
194474327.SRDLC, 16.49%, 10/21/2025 (a)(p)(s) | | Lending Club | | | 10/13/2022 | | | | 19,993 | | | | 19,794 | | | | 2,165 | |
194479316.SRDLC, 11.29%, 11/14/2025 (a)(s) | | Lending Club | | | 11/16/2022 | | | | 8,543 | | | | 8,479 | | | | 8,250 | |
194484669.SRDLC, 20.99%, 10/11/2025 (a)(p)(s) | | Lending Club | | | 10/13/2022 | | | | 1,578 | | | | 1,594 | | | | 385 | |
194493592.SRDLC, 24.49%, 10/13/2025 (a)(s) | | Lending Club | | | 10/17/2022 | | | | 10,618 | | | | 10,557 | | | | 10,107 | |
194512371.SRDLC, 29.49%, 10/31/2025 (a)(p)(s) | | Lending Club | | | 10/20/2022 | | | | 2,919 | | | | 2,902 | | | | 2,764 | |
194514223.SRDLC, 20.49%, 10/17/2027 (a)(p)(s) | | Lending Club | | | 10/19/2022 | | | | 28,882 | | | | 28,593 | | | | 27,565 | |
194515534.SRDLC, 7.09%, 10/14/2025 (a)(s) | | Lending Club | | | 10/18/2022 | | | | 9,477 | | | | 9,428 | | | | 9,168 | |
194524820.SRDLC, 5.00%, 10/17/2026 (a)(p)(s) | | Lending Club | | | 10/19/2022 | | | | 1,551 | | | | 1,564 | | | | 1,417 | |
194532233.SRDLC, 30.99%, 10/11/2025 (a)(p)(s) | | Lending Club | | | 10/13/2022 | | | | 1,282 | | | | 1,294 | | | | 139 | |
194535429.SRDLC, 24.49%, 10/19/2027 (a)(s) | | Lending Club | | | 10/21/2022 | | | | 7,328 | | | | 7,268 | | | | 7,217 | |
194541112.SRDLC, 19.94%, 11/03/2025 (a)(s) | | Lending Club | | | 11/7/2022 | | | | 14,421 | | | | 14,308 | | | | 13,853 | |
194546895.SRDLC, 7.59%, 10/17/2025 (a)(p)(s) | | Lending Club | | | 10/19/2022 | | | | 4,784 | | | | 4,736 | | | | 623 | |
194547766.SRDLC, 15.99%, 10/12/2025 (a)(s) | | Lending Club | | | 10/14/2022 | | | | 4,306 | | | | 4,312 | | | | 4,161 | |
194563879.SRDLC, 26.49%, 10/12/2027 (a)(s) | | Lending Club | | | 10/14/2022 | | | | 13,154 | | | | 13,180 | | | | 12,839 | |
194567488.SRDLC, 24.49%, 10/20/2027 (a)(p)(s) | | Lending Club | | | 10/24/2022 | | | | 12,494 | | | | 12,394 | | | | 12,221 | |
194587361.SRDLC, 28.99%, 10/19/2027 (a)(s) | | Lending Club | | | 10/21/2022 | | | | 4,158 | | | | 4,124 | | | | 4,190 | |
194592145.SRDLC, 25.24%, 10/13/2024 (a)(p)(s) | | Lending Club | | | 10/17/2022 | | | | 4,242 | | | | 4,284 | | | | 459 | |
194593499.SRDLC, 28.99%, 10/19/2025 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 2,190 | | | | 2,168 | | | | 2,083 | |
194595358.SRDLC, 17.94%, 10/19/2025 (a)(s) | | Lending Club | | | 10/21/2022 | | | | 3,398 | | | | 3,379 | | | | 3,292 | |
194611665.SRDLC, 12.69%, 10/17/2027 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 16,024 | | | | 15,903 | | | | 15,547 | |
194613803.SRDLC, 13.99%, 10/28/2025 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 4,163 | | | | 4,140 | | | | 4,014 | |
194621068.SRDLC, 28.99%, 10/18/2024 (a)(s) | | Lending Club | | | 10/20/2022 | | | | 612 | | | | 612 | | | | 621 | |
194632029.SRDLC, 27.49%, 10/25/2025 (a)(s) | | Lending Club | | | 10/27/2022 | | | | 4,804 | | | | 4,811 | | | | 4,731 | |
194633979.SRDLC, 10.79%, 10/17/2025 (a)(p)(s) | | Lending Club | | | 10/19/2022 | | | | 4,756 | | | | 4,714 | | | | 4,598 | |
194641816.SRDLC, 31.89%, 10/14/2026 (a)(p)(s) | | Lending Club | | | 10/18/2022 | | | | 7,215 | | | | 7,233 | | | | 7,253 | |
194642494.SRDLC, 22.49%, 10/17/2025 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 6,993 | | | | 6,953 | | | | 6,785 | |
194661580.SRDLC, 24.99%, 10/18/2025 (a)(s) | | Lending Club | | | 10/20/2022 | | | | 20,710 | | | | 20,589 | | | | 20,311 | |
194662189.SRDLC, 26.99%, 10/17/2025 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 2,994 | | | | 2,998 | | | | 2,933 | |
194678308.SRDLC, 22.49%, 10/17/2027 (a)(p)(s) | | Lending Club | | | 10/19/2022 | | | | 11,542 | | | | 11,426 | | | | 1,250 | |
194686661.SRDLC, 31.89%, 10/17/2026 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 1,141 | | | | 1,143 | | | | 1,148 | |
194699714.SRDLC, 26.49%, 10/17/2025 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 1,791 | | | | 1,780 | | | | 1,717 | |
194707601.SRDLC, 22.99%, 10/31/2025 (a)(s) | | Lending Club | | | 11/2/2022 | | | | 3,799 | | | | 3,799 | | | | 3,725 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
70
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
194714833.SRDLC, 22.01%, 10/04/2027 (a)(p)(s) | | Lending Club | | | 10/19/2022 | | | $ | 6,716 | | | $ | 6,783 | | | $ | 727 | |
194725208.SRDLC, 20.25%, 10/17/2027 (a)(s) | | Lending Club | | | 10/19/2022 | | | | 143 | | | | 143 | | | | 142 | |
194732348.SRDLC, 16.99%, 10/18/2024 (a)(s) | | Lending Club | | | 10/20/2022 | | | | 1,341 | | | | 1,341 | | | | 1,342 | |
194740565.SRDLC, 23.49%, 10/28/2025 (a)(s) | | Lending Club | | | 11/1/2022 | | | | 2,513 | | | | 2,493 | | | | 2,482 | |
194750419.SRDLC, 21.49%, 10/18/2025 (a)(p)(s) | | Lending Club | | | 10/20/2022 | | | | 2,330 | | | | 2,334 | | | | 2,245 | |
194752828.SRDLC, 18.99%, 10/18/2024 (a)(s) | | Lending Club | | | 10/20/2022 | | | | 668 | | | | 668 | | | | 672 | |
194755673.SRDLC, 24.49%, 10/19/2027 (a)(s) | | Lending Club | | | 10/21/2022 | | | | 4,885 | | | | 4,845 | | | | 4,811 | |
194763161.SRDLC, 18.99%, 10/18/2025 (a)(s) | | Lending Club | | | 10/20/2022 | | | | 2,971 | | | | 2,997 | | | | 2,866 | |
194767039.SRDLC, 30.99%, 10/20/2027 (a)(p)(s) | | Lending Club | | | 10/24/2022 | | | | 13,428 | | | | 13,327 | | | | 13,459 | |
194773712.SRDLC, 15.00%, 09/21/2024 (a)(s) | | Lending Club | | | 10/25/2022 | | | | 1,750 | | | | 1,765 | | | | 1,694 | |
194778572.SRDLC, 15.99%, 10/25/2025 (a)(s) | | Lending Club | | | 10/27/2022 | | | | 1,007 | | | | 1,001 | | | | 977 | |
194780861.SRDLC, 16.49%, 10/21/2027 (a)(s) | | Lending Club | | | 10/25/2022 | | | | 9,364 | | | | 9,291 | | | | 8,917 | |
194828658.SRDLC, 14.44%, 10/28/2025 (a)(s) | | Lending Club | | | 11/1/2022 | | | | 6,643 | | | | 6,588 | | | | 6,459 | |
194840160.SRDLC, 15.99%, 10/24/2025 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 12,198 | | | | 12,076 | | | | 11,637 | |
194843857.SRDLC, 31.49%, 10/26/2026 (a)(s) | | Lending Club | | | 10/28/2022 | | | | 911 | | | | 920 | | | | 921 | |
194847279.SRDLC, 28.99%, 10/24/2025 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 2,908 | | | | 2,890 | | | | 2,782 | |
194852386.SRDLC, 28.99%, 11/02/2027 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 14,405 | | | | 14,242 | | | | 14,082 | |
194870858.SRDLC, 30.99%, 10/25/2027 (a)(s) | | Lending Club | | | 10/27/2022 | | | | 16,780 | | | | 16,624 | | | | 16,976 | |
194871645.SRDLC, 10.99%, 10/15/2027 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 13,533 | | | | 13,431 | | | | 12,782 | |
194874645.SRDLC, 20.24%, 11/05/2025 (a)(s) | | Lending Club | | | 10/27/2022 | | | | 3,289 | | | | 3,271 | | | | 3,152 | |
194880827.SRDLC, 19.49%, 10/30/2027 (a)(p)(s) | | Lending Club | | | 10/26/2022 | | | | 5,584 | | | | 5,542 | | | | 5,294 | |
194884506.SRDLC, 22.99%, 10/27/2026 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 5,822 | | | | 5,768 | | | | 5,896 | |
194888757.SRDLC, 30.99%, 10/24/2025 (a)(p)(s) | | Lending Club | | | 10/26/2022 | | | | 2,772 | | | | 2,800 | | | | 300 | |
194899015.SRDLC, 25.49%, 10/24/2027 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 15,996 | | | | 15,862 | | | | 15,792 | |
194913501.SRDLC, 14.69%, 03/26/2028 (a)(p)(s) | | Lending Club | | | 10/26/2022 | | | | 11,165 | | | | 11,053 | | | | 1,209 | |
194921409.SRDLC, 30.49%, 10/26/2027 (a)(p)(s) | | Lending Club | | | 10/28/2022 | | | | 7,219 | | | | 7,237 | | | | 7,240 | |
194924304.SRDLC, 22.49%, 10/15/2026 (a)(p)(s) | | Lending Club | | | 11/1/2022 | | | | 14,415 | | | | 14,444 | | | | 14,301 | |
194927100.SRDLC, 27.99%, 10/24/2025 (a)(p)(s) | | Lending Club | | | 10/26/2022 | | | | 7,564 | | | | 7,576 | | | | 7,393 | |
194930289.SRDLC, 28.99%, 10/24/2027 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 4,990 | | | | 5,000 | | | | 5,075 | |
194930783.SRDLC, 22.49%, 10/24/2025 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 1,748 | | | | 1,738 | | | | 1,701 | |
194941414.SRDLC, 18.89%, 10/25/2025 (a)(s) | | Lending Club | | | 10/27/2022 | | | | 2,051 | | | | 2,040 | | | | 1,998 | |
194945403.SRDLC, 19.69%, 10/24/2027 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 15,887 | | | | 15,761 | | | | 15,288 | |
194956010.SRDLC, 27.99%, 05/22/2026 (a)(p)(s) | | Lending Club | | | 11/16/2022 | | | | 8,640 | | | | 8,554 | | | | 8,148 | |
194956587.SRDLC, 20.74%, 10/27/2027 (a)(s) | | Lending Club | | | 10/31/2022 | | | | 9,586 | | | | 9,505 | | | | 9,240 | |
194960469.SRDLC, 15.99%, 02/25/2026 (a)(p)(s) | | Lending Club | | | 10/27/2022 | | | | 12,554 | | | | 12,428 | | | | 1,360 | |
194964122.SRDLC, 12.69%, 10/24/2025 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 5,472 | | | | 5,442 | | | | 5,304 | |
194968095.SRDLC, 25.49%, 10/26/2025 (a)(s) | | Lending Club | | | 10/28/2022 | | | | 2,967 | | | | 2,972 | | | | 2,901 | |
194969316.SRDLC, 24.49%, 10/24/2027 (a)(p)(s) | | Lending Club | | | 10/26/2022 | | | | 13,846 | | | | 13,707 | | | | 1,499 | |
194970414.SRDLC, 16.99%, 10/24/2024 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 904 | | | | 905 | | | | 907 | |
194974891.SRDLC, 6.00%, 10/25/2025 (a)(s) | | Lending Club | | | 10/27/2022 | | | | 5,380 | | | | 5,347 | | | | 5,295 | |
194975652.SRDLC, 22.24%, 10/25/2027 (a)(s) | | Lending Club | | | 10/27/2022 | | | | 19,322 | | | | 19,166 | | | | 18,590 | |
194979848.SRDLC, 28.99%, 10/24/2025 (a)(s) | | Lending Club | | | 10/26/2022 | | | | 6,058 | | | | 6,067 | | | | 5,961 | |
194986912.SRDLC, 18.69%, 10/26/2025 (a)(s) | | Lending Club | | | 10/28/2022 | | | | 1,366 | | | | 1,358 | | | | 1,331 | |
194989209.SRDLC, 14.54%, 10/26/2025 (a)(p)(s) | | Lending Club | | | 10/28/2022 | | | | 6,877 | | | | 6,808 | | | | 745 | |
194991629.SRDLC, 18.19%, 11/01/2025 (a)(p)(s) | | Lending Club | | | 10/28/2022 | | | | 7,154 | | | | 7,114 | | | | 6,861 | |
194999605.SRDLC, 29.99%, 10/15/2025 (a)(p)(s) | | Lending Club | | | 10/26/2022 | | | | 599 | | | | 605 | | | | 586 | |
195004526.SRDLC, 11.19%, 10/27/2026 (a)(s) | | Lending Club | | | 10/31/2022 | | | | 9,464 | | | | 9,398 | | | | 9,477 | |
195008403.SRDLC, 15.94%, 10/04/2027 (a)(p)(s) | | Lending Club | | | 10/31/2022 | | | | 7,207 | | | | 7,135 | | | | 1,462 | |
195013431.SRDLC, 30.99%, 02/28/2026 (a)(p)(s) | | Lending Club | | | 10/27/2022 | | | | 2,132 | | | | 2,153 | | | | 584 | |
195016998.SRDLC, 10.49%, 11/29/2025 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 16,998 | | | | 16,869 | | | | 16,475 | |
195018882.SRDLC, 19.69%, 03/28/2026 (a)(s) | | Lending Club | | | 11/1/2022 | | | | 5,247 | | | | 5,197 | | | | 5,072 | |
195028406.SRDLC, 28.99%, 10/28/2027 (a)(s) | | Lending Club | | | 11/1/2022 | | | | 4,990 | | | | 5,000 | | | | 5,096 | |
195058306.SRDLC, 17.99%, 10/27/2024 (a)(s) | | Lending Club | | | 10/31/2022 | | | | 1,849 | | | | 1,850 | | | | 1,857 | |
195096186.SRDLC, 21.99%, 10/27/2025 (a)(s) | | Lending Club | | | 10/31/2022 | | | | 5,173 | | | | 5,178 | | | | 5,012 | |
195097176.SRDLC, 21.99%, 10/31/2025 (a)(s) | | Lending Club | | | 11/2/2022 | | | | 11,607 | | | | 11,623 | | | | 11,278 | |
195108237.SRDLC, 21.99%, 04/16/2027 (a)(p)(s) | | Lending Club | | | 10/31/2022 | | | | 8,265 | | | | 8,333 | | | | 8,092 | |
195116475.SRDLC, 25.99%, 10/27/2025 (a)(s) | | Lending Club | | | 10/31/2022 | | | | 4,286 | | | | 4,290 | | | | 4,194 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
71
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
195123243.SRDLC, 32.39%, 10/27/2027 (a)(s) | | Lending Club | | | 10/31/2022 | | | $ | 10,071 | | | $ | 10,085 | | | $ | 10,269 | |
195136154.SRDLC, 31.24%, 09/27/2028 (a)(p)(s) | | Lending Club | | | 10/31/2022 | | | | 9,548 | | | | 9,644 | | | | 426 | |
195138873.SRDLC, 14.44%, 11/25/2025 (a)(s) | | Lending Club | | | 11/29/2022 | | | | 1,214 | | | | 1,205 | | | | 1,203 | |
195172243.SRDLC, 17.99%, 11/03/2025 (a)(s) | | Lending Club | | | 11/7/2022 | | | | 2,672 | | | | 2,651 | | | | 2,525 | |
195175667.SRDLC, 27.74%, 10/28/2025 (a)(p)(s) | | Lending Club | | | 11/1/2022 | | | | 3,856 | | | | 3,865 | | | | 418 | |
195186093.SRDLC, 16.49%, 11/07/2025 (a)(p)(s) | | Lending Club | | | 11/9/2022 | | | | 10,104 | | | | 10,003 | | | | 1,094 | |
195192111.SRDLC, 30.99%, 11/07/2025 (a)(s) | | Lending Club | | | 11/8/2022 | | | | 1,544 | | | | 1,531 | | | | 1,452 | |
195199696.SRDLC, 18.24%, 11/07/2025 (a)(s) | | Lending Club | | | 11/9/2022 | | | | 5,947 | | | | 5,901 | | | | 5,626 | |
195201483.SRDLC, 18.24%, 11/03/2025 (a)(s) | | Lending Club | | | 11/7/2022 | | | | 1,487 | | | | 1,475 | | | | 1,432 | |
195208923.SRDLC, 22.49%, 11/13/2027 (a)(s) | | Lending Club | | | 11/8/2022 | | | | 2,635 | | | | 2,606 | | | | 2,516 | |
195241358.SRDLC, 14.69%, 11/19/2025 (a)(s) | | Lending Club | | | 11/9/2022 | | | | 4,527 | | | | 4,492 | | | | 4,364 | |
195252772.SRDLC, 15.19%, 11/07/2027 (a)(p)(s) | | Lending Club | | | 11/9/2022 | | | | 5,628 | | | | 5,571 | | | | 609 | |
195262520.SRDLC, 9.59%, 11/07/2027 (a)(s) | | Lending Club | | | 11/9/2022 | | | | 30,532 | | | | 30,223 | | | | 28,740 | |
195263144.SRDLC, 13.44%, 11/04/2027 (a)(s) | | Lending Club | | | 11/8/2022 | | | | 7,417 | | | | 7,341 | | | | 6,982 | |
195269918.SRDLC, 25.99%, 11/07/2027 (a)(p)(s) | | Lending Club | | | 11/9/2022 | | | | 4,707 | | | | 4,655 | | | | 4,573 | |
195270505.SRDLC, 24.49%, 11/14/2027 (a)(s) | | Lending Club | | | 11/16/2022 | | | | 13,636 | | | | 13,485 | | | | 13,348 | |
195271773.SRDLC, 20.49%, 11/07/2025 (a)(s) | | Lending Club | | | 11/9/2022 | | | | 904 | | | | 897 | | | | 872 | |
195283712.SRDLC, 32.39%, 11/02/2027 (a)(s) | | Lending Club | | | 11/4/2022 | | | | 7,180 | | | | 7,195 | | | | 7,150 | |
195285027.SRDLC, 25.69%, 11/07/2025 (a)(p)(s) | | Lending Club | | | 11/9/2022 | | | | 4,301 | | | | 4,258 | | | | 466 | |
195297116.SRDLC, 14.19%, 11/07/2027 (a)(p)(s) | | Lending Club | | | 11/9/2022 | | | | 4,223 | | | | 4,181 | | | | 2,057 | |
195308227.SRDLC, 18.24%, 11/10/2025 (a)(s) | | Lending Club | | | 11/15/2022 | | | | 6,395 | | | | 6,346 | | | | 6,070 | |
195311601.SRDLC, 12.39%, 11/07/2025 (a)(p)(s) | | Lending Club | | | 11/9/2022 | | | | 15,872 | | | | 15,713 | | | | 1,719 | |
195316572.SRDLC, 15.19%, 11/07/2027 (a)(s) | | Lending Club | | | 11/9/2022 | | | | 12,221 | | | | 12,093 | | | | 11,692 | |
195343443.SRDLC, 21.49%, 11/30/2027 (a)(s) | | Lending Club | | | 11/22/2022 | | | | 5,263 | | | | 5,270 | | | | 5,094 | |
195379818.SRDLC, 11.04%, 11/09/2025 (a)(s) | | Lending Club | | | 11/14/2022 | | | | 11,377 | | | | 11,268 | | | | 10,968 | |
195391011.SRDLC, 31.89%, 11/04/2026 (a)(s) | | Lending Club | | | 11/8/2022 | | | | 4,663 | | | | 4,672 | | | | 4,645 | |
195427018.SRDLC, 32.39%, 11/14/2027 (a)(p)(s) | | Lending Club | | | 11/16/2022 | | | | 10,022 | | | | 9,922 | | | | 1,085 | |
195434373.SRDLC, 18.44%, 11/25/2025 (a)(p)(s) | | Lending Club | | | 11/17/2022 | | | | 4,243 | | | | 4,210 | | | | 4,103 | |
195440932.SRDLC, 10.49%, 11/10/2025 (a)(s) | | Lending Club | | | 11/15/2022 | | | | 5,666 | | | | 5,624 | | | | 5,446 | |
195444521.SRDLC, 18.24%, 11/10/2025 (a)(s) | | Lending Club | | | 11/15/2022 | | | | 4,163 | | | | 4,130 | | | | 4,023 | |
195448215.SRDLC, 30.99%, 11/09/2025 (a)(p)(s) | | Lending Club | | | 11/9/2022 | | | | 3,000 | | | | 3,008 | | | | 325 | |
195470601.SRDLC, 26.49%, 11/16/2025 (a)(s) | | Lending Club | | | 11/18/2022 | | | | 9,946 | | | | 9,959 | | | | 9,639 | |
195477282.SRDLC, 23.99%, 11/16/2025 (a)(s) | | Lending Club | | | 11/16/2022 | | | | 4,928 | | | | 4,888 | | | | 4,668 | |
195518264.SRDLC, 25.49%, 11/14/2027 (a)(s) | | Lending Club | | | 11/16/2022 | | | | 26,882 | | | | 26,580 | | | | 26,180 | |
195576173.SRDLC, 15.94%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2022 | | | | 9,896 | | | | 9,791 | | | | 9,503 | |
195620530.SRDLC, 28.99%, 11/28/2025 (a)(s) | | Lending Club | | | 11/23/2022 | | | | 958 | | | | 950 | | | | 915 | |
195650327.SRDLC, 25.24%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2022 | | | | 28,236 | | | | 27,923 | | | | 27,703 | |
195674668.SRDLC, 16.94%, 11/18/2025 (a)(s) | | Lending Club | | | 11/22/2022 | | | | 6,136 | | | | 6,088 | | | | 5,936 | |
195681577.SRDLC, 22.49%, 11/21/2025 (a)(s) | | Lending Club | | | 11/23/2022 | | | | 2,683 | | | | 2,662 | | | | 2,601 | |
195691586.SRDLC, 25.99%, 11/21/2027 (a)(s) | | Lending Club | | | 11/23/2022 | | | | 26,626 | | | | 26,329 | | | | 26,152 | |
195694244.SRDLC, 15.00%, 07/06/2027 (a)(p)(s) | | Lending Club | | | 11/23/2022 | | | | 17,986 | | | | 17,819 | | | | 14,571 | |
195708074.SRDLC, 20.99%, 11/16/2025 (a)(s) | | Lending Club | | | 11/18/2022 | | | | 3,931 | | | | 3,935 | | | | 3,781 | |
195719651.SRDLC, 15.99%, 04/29/2026 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 8,547 | | | | 8,427 | | | | 926 | |
195752901.SRDLC, 22.99%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 12/2/2022 | | | | 1,990 | | | | 1,970 | | | | 2,019 | |
195780386.SRDLC, 24.49%, 11/22/2027 (a)(s) | | Lending Club | | | 11/25/2022 | | | | 9,917 | | | | 9,807 | | | | 9,754 | |
195787955.SRDLC, 30.99%, 05/29/2028 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 15,002 | | | | 14,792 | | | | 1,625 | |
195792140.SRDLC, 23.55%, 11/16/2025 (a)(s) | | Lending Club | | | 11/18/2022 | | | | 9,817 | | | | 9,831 | | | | 9,521 | |
195803976.SRDLC, 18.74%, 11/23/2025 (a)(s) | | Lending Club | | | 11/28/2022 | | | | 3,579 | | | | 3,550 | | | | 3,478 | |
195818130.SRDLC, 23.99%, 11/29/2025 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 4,951 | | | | 4,881 | | | | 1,242 | |
195822367.SRDLC, 27.99%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2022 | | | | 1,888 | | | | 1,891 | | | | 1,840 | |
195826308.SRDLC, 24.49%, 11/25/2027 (a)(p)(s) | | Lending Club | | | 11/29/2022 | | | | 1,789 | | | | 1,771 | | | | 194 | |
195835206.SRDLC, 20.24%, 11/15/2027 (a)(s) | | Lending Club | | | 11/29/2022 | | | | 9,630 | | | | 9,525 | | | | 9,225 | |
195838823.SRDLC, 19.99%, 11/07/2025 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 4,738 | | | | 4,700 | | | | 4,463 | |
195844391.SRDLC, 16.49%, 11/29/2025 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 5,858 | | | | 5,811 | | | | 5,584 | |
195844805.SRDLC, 20.74%, 11/29/2027 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 16,233 | | | | 16,056 | | | | 15,631 | |
195845073.SRDLC, 29.49%, 11/29/2025 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 2,284 | | | | 2,264 | | | | 2,182 | |
195846687.SRDLC, 17.29%, 09/10/2028 (a)(p)(s) | | Lending Club | | | 11/29/2022 | | | | 18,348 | | | | 18,166 | | | | 17,578 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
72
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
195851937.SRDLC, 22.99%, 11/29/2027 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | $ | 18,105 | | | $ | 17,852 | | | $ | 1,961 | |
195854400.SRDLC, 25.99%, 11/29/2025 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 6,223 | | | | 6,171 | | | | 5,953 | |
195861675.SRDLC, 32.39%, 11/29/2027 (a)(s) | | Lending Club | | | 11/23/2022 | | | | 8,657 | | | | 8,679 | | | | 8,651 | |
195866119.SRDLC, 24.24%, 11/29/2027 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 20,623 | | | | 20,394 | | | | 20,383 | |
195867192.SRDLC, 21.99%, 11/29/2027 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 18,720 | | | | 18,458 | | | | 2,027 | |
195871498.SRDLC, 28.99%, 11/29/2025 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 2,931 | | | | 2,890 | | | | 0 | |
195912415.SRDLC, 12.29%, 11/15/2025 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 4,768 | | | | 4,731 | | | | 4,614 | |
195915447.SRDLC, 5.00%, 11/29/2026 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 14,440 | | | | 14,270 | | | | 12,400 | |
195916983.SRDLC, 15.99%, 11/29/2025 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 7,039 | | | | 6,984 | | | | 6,830 | |
195917993.SRDLC, 24.24%, 11/29/2026 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 7,444 | | | | 7,369 | | | | 7,552 | |
195919396.SRDLC, 17.19%, 12/02/2027 (a)(p)(s) | | Lending Club | | | 12/1/2022 | | | | 11,786 | | | | 11,621 | | | | 1,778 | |
195925885.SRDLC, 12.29%, 11/29/2025 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 5,732 | | | | 5,688 | | | | 5,554 | |
195931122.SRDLC, 25.74%, 11/29/2027 (a)(s) | | Lending Club | | | 12/1/2022 | | | | 23,832 | | | | 23,565 | | | | 23,512 | |
195935180.SRDLC, 11.79%, 11/30/2025 (a)(p)(s) | | Lending Club | | | 12/2/2022 | | | | 18,283 | | | | 18,142 | | | | 17,692 | |
203116318.SRDLC, 26.99%, 08/15/2028 (a)(s) | | Lending Club | | | 8/14/2023 | | | | 8,191 | | | | 7,963 | | | | 7,904 | |
203129024.SRDLC, 13.99%, 07/28/2026 (a)(s) | | Lending Club | | | 8/4/2023 | | | | 3,935 | | | | 3,840 | | | | 3,844 | |
203172623.SRDLC, 14.24%, 08/07/2026 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 4,878 | | | | 4,780 | | | | 4,713 | |
203193673.SRDLC, 29.99%, 08/14/2028 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 19,263 | | | | 18,722 | | | | 18,604 | |
203209922.SRDLC, 22.99%, 08/02/2026 (a)(s) | | Lending Club | | | 8/4/2023 | | | | 20,824 | | | | 20,314 | | | | 19,908 | |
203216447.SRDLC, 22.74%, 08/02/2028 (a)(s) | | Lending Club | | | 8/4/2023 | | | | 36,890 | | | | 36,047 | | | | 35,352 | |
203225328.SRDLC, 30.99%, 08/02/2026 (a)(p)(s) | | Lending Club | | | 8/4/2023 | | | | 4,826 | | | | 4,681 | | | | 523 | |
203246842.SRDLC, 28.49%, 08/14/2026 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 6,755 | | | | 6,586 | | | | 6,511 | |
203262395.SRDLC, 13.99%, 08/04/2026 (a)(s) | | Lending Club | | | 8/8/2023 | | | | 5,280 | | | | 5,154 | | | | 5,102 | |
203296870.SRDLC, 30.99%, 08/16/2026 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 4,248 | | | | 4,140 | | | | 4,097 | |
203297342.SRDLC, 9.49%, 08/06/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 3,828 | | | | 3,751 | | | | 3,762 | |
203311377.SRDLC, 9.74%, 08/14/2026 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 4,492 | | | | 4,403 | | | | 4,414 | |
203315057.SRDLC, 24.49%, 08/15/2026 (a)(s) | | Lending Club | | | 8/8/2023 | | | | 4,218 | | | | 4,114 | | | | 4,065 | |
203328742.SRDLC, 19.99%, 08/07/2026 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 826 | | | | 806 | | | | 793 | |
203349886.SRDLC, 15.49%, 08/02/2028 (a)(s) | | Lending Club | | | 8/4/2023 | | | | 14,508 | | | | 14,182 | | | | 13,994 | |
203351627.SRDLC, 18.99%, 08/02/2028 (a)(s) | | Lending Club | | | 8/4/2023 | | | | 6,173 | | | | 6,033 | | | | 5,880 | |
203353909.SRDLC, 28.99%, 08/10/2025 (a)(s) | | Lending Club | | | 8/8/2023 | | | | 7,327 | | | | 7,173 | | | | 7,178 | |
203357003.SRDLC, 13.24%, 08/03/2026 (a)(s) | | Lending Club | | | 8/7/2023 | | | | 8,106 | | | | 7,945 | | | | 7,879 | |
203361313.SRDLC, 9.24%, 08/02/2026 (a)(s) | | Lending Club | | | 8/4/2023 | | | | 32,040 | | | | 31,415 | | | | 31,448 | |
203361591.SRDLC, 28.99%, 08/28/2025 (a)(s) | | Lending Club | | | 8/21/2023 | | | | 8,816 | | | | 8,626 | | | | 8,739 | |
203372576.SRDLC, 8.24%, 09/01/2026 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 20,698 | | | | 20,290 | | | | 20,348 | |
203376181.SRDLC, 9.74%, 08/03/2026 (a)(s) | | Lending Club | | | 8/7/2023 | | | | 32,089 | | | | 31,460 | | | | 31,501 | |
203384876.SRDLC, 15.24%, 08/03/2028 (a)(s) | | Lending Club | | | 8/7/2023 | | | | 27,185 | | | | 26,575 | | | | 26,241 | |
203387156.SRDLC, 12.99%, 08/03/2026 (a)(s) | | Lending Club | | | 8/7/2023 | | | | 7,290 | | | | 7,146 | | | | 7,087 | |
203393422.SRDLC, 30.99%, 08/03/2026 (a)(s) | | Lending Club | | | 8/7/2023 | | | | 2,549 | | | | 2,485 | | | | 2,438 | |
203395977.SRDLC, 19.24%, 08/07/2027 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 6,171 | | | | 6,036 | | | | 5,892 | |
203403234.SRDLC, 24.99%, 08/21/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 4,185 | | | | 4,080 | | | | 4,039 | |
203410072.SRDLC, 20.99%, 08/07/2026 (a)(p)(s) | | Lending Club | | | 8/9/2023 | | | | 4,256 | | | | 4,129 | | | | 2,665 | |
203417456.SRDLC, 30.99%, 08/07/2026 (a)(p)(s) | | Lending Club | | | 8/9/2023 | | | | 2,136 | | | | 2,072 | | | | 528 | |
203419163.SRDLC, 7.00%, 08/07/2026 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 19,888 | | | | 19,501 | | | | 19,629 | |
203419290.SRDLC, 9.24%, 08/08/2026 (a)(s) | | Lending Club | | | 8/10/2023 | | | | 16,021 | | | | 15,707 | | | | 15,757 | |
203419416.SRDLC, 8.24%, 08/04/2026 (a)(s) | | Lending Club | | | 8/8/2023 | | | | 24,449 | | | | 23,972 | | | | 24,025 | |
203419446.SRDLC, 32.39%, 08/16/2028 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 14,097 | | | | 13,700 | | | | 13,778 | |
203420880.SRDLC, 30.99%, 08/09/2026 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 12,774 | | | | 12,453 | | | | 12,263 | |
203426984.SRDLC, 24.99%, 08/07/2026 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 4,687 | | | | 4,572 | | | | 4,487 | |
203431150.SRDLC, 15.49%, 08/29/2028 (a)(s) | | Lending Club | | | 8/31/2023 | | | | 15,573 | | | | 15,214 | | | | 15,131 | |
203437872.SRDLC, 19.99%, 08/07/2026 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 7,022 | | | | 6,851 | | | | 6,737 | |
203441299.SRDLC, 9.74%, 08/11/2026 (a)(s) | | Lending Club | | | 8/15/2023 | | | | 24,869 | | | | 24,378 | | | | 24,432 | |
203446752.SRDLC, 32.39%, 08/15/2028 (a)(s) | | Lending Club | | | 8/17/2023 | | | | 14,097 | | | | 13,700 | | | | 13,767 | |
203447133.SRDLC, 13.74%, 08/09/2026 (a)(s) | | Lending Club | | | 8/11/2023 | | | | 16,235 | | | | 15,912 | | | | 15,700 | |
203451571.SRDLC, 11.74%, 08/07/2028 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 19,661 | | | | 19,224 | | | | 19,013 | |
203451595.SRDLC, 20.99%, 08/07/2026 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 2,899 | | | | 2,828 | | | | 2,781 | |
203454135.SRDLC, 23.99%, 08/07/2026 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 8,974 | | | | 8,753 | | | | 8,592 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
73
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
203454561.SRDLC, 32.39%, 08/22/2028 (a)(s) | | Lending Club | | | 8/10/2023 | | | $ | 14,322 | | | $ | 13,936 | | | $ | 13,879 | |
203457275.SRDLC, 30.99%, 08/18/2026 (a)(s) | | Lending Club | | | 8/10/2023 | | | | 1,286 | | | | 1,254 | | | | 1,243 | |
203461601.SRDLC, 15.00%, 12/08/2026 (a)(s) | | Lending Club | | | 8/10/2023 | | | | 7,607 | | | | 7,432 | | | | 6,408 | |
203461803.SRDLC, 10.99%, 08/21/2028 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 16,129 | | | | 15,769 | | | | 15,817 | |
203470947.SRDLC, 26.49%, 08/22/2026 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 11,838 | | | | 11,541 | | | | 11,413 | |
203474872.SRDLC, 24.74%, 08/11/2028 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 4,461 | | | | 4,358 | | | | 4,283 | |
203475094.SRDLC, 24.99%, 08/09/2026 (a)(s) | | Lending Club | | | 8/11/2023 | | | | 1,004 | | | | 980 | | | | 963 | |
203479073.SRDLC, 10.74%, 08/07/2028 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 33,132 | | | | 32,397 | | | | 32,440 | |
203483431.SRDLC, 14.74%, 08/07/2025 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 3,842 | | | | 3,778 | | | | 3,782 | |
203484384.SRDLC, 30.49%, 08/20/2028 (a)(p)(s) | | Lending Club | | | 8/15/2023 | | | | 24,828 | | | | 24,083 | | | | 2,689 | |
203486393.SRDLC, 11.49%, 08/18/2028 (a)(s) | | Lending Club | | | 8/22/2023 | | | | 8,971 | | | | 8,771 | | | | 8,795 | |
203487312.SRDLC, 21.24%, 08/20/2027 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 35,753 | | | | 34,970 | | | | 35,658 | |
203490417.SRDLC, 9.24%, 08/25/2026 (a)(s) | | Lending Club | | | 8/14/2023 | | | | 4,830 | | | | 4,735 | | | | 4,754 | |
203493614.SRDLC, 29.99%, 08/18/2028 (a)(s) | | Lending Club | | | 8/11/2023 | | | | 5,666 | | | | 5,508 | | | | 5,541 | |
203494811.SRDLC, 24.99%, 08/16/2026 (a)(s) | | Lending Club | | | 8/11/2023 | | | | 8,083 | | | | 7,884 | | | | 7,787 | |
203495199.SRDLC, 19.49%, 08/22/2028 (a)(s) | | Lending Club | | | 8/9/2023 | | | | 36,986 | | | | 36,149 | | | | 35,417 | |
203499904.SRDLC, 12.99%, 08/18/2028 (a)(p)(s) | | Lending Club | | | 8/22/2023 | | | | 36,801 | | | | 35,891 | | | | 35,765 | |
203499985.SRDLC, 10.49%, 08/17/2026 (a)(s) | | Lending Club | | | 8/21/2023 | | | | 6,754 | | | | 6,619 | | | | 6,584 | |
203504176.SRDLC, 26.99%, 08/16/2026 (a)(s) | | Lending Club | | | 8/11/2023 | | | | 4,230 | | | | 4,124 | | | | 4,085 | |
203504303.SRDLC, 15.24%, 08/16/2028 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 18,124 | | | | 17,715 | | | | 17,547 | |
203510721.SRDLC, 14.49%, 08/15/2028 (a)(s) | | Lending Club | | | 8/17/2023 | | | | 4,974 | | | | 4,862 | | | | 4,864 | |
203512211.SRDLC, 28.49%, 08/16/2026 (a)(s) | | Lending Club | | | 8/14/2023 | | | | 5,093 | | | | 4,963 | | | | 4,921 | |
203515589.SRDLC, 9.74%, 08/09/2026 (a)(s) | | Lending Club | | | 8/11/2023 | | | | 1,604 | | | | 1,573 | | | | 1,576 | |
203516782.SRDLC, 7.24%, 08/10/2026 (a)(s) | | Lending Club | | | 8/14/2023 | | | | 12,738 | | | | 12,488 | | | | 12,575 | |
203520321.SRDLC, 10.24%, 08/11/2026 (a)(s) | | Lending Club | | | 8/15/2023 | | | | 12,051 | | | | 11,813 | | | | 11,736 | |
203520590.SRDLC, 24.99%, 08/18/2026 (a)(s) | | Lending Club | | | 8/22/2023 | | | | 20,926 | | | | 20,403 | | | | 20,177 | |
203521395.SRDLC, 17.24%, 08/22/2028 (a)(p)(s) | | Lending Club | | | 8/14/2023 | | | | 37,509 | | | | 36,576 | | | | 36,705 | |
203523432.SRDLC, 9.74%, 08/10/2026 (a)(s) | | Lending Club | | | 8/14/2023 | | | | 5,455 | | | | 5,347 | | | | 5,359 | |
203533345.SRDLC, 11.99%, 08/14/2028 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 18,869 | | | | 18,447 | | | | 18,487 | |
203535224.SRDLC, 17.49%, 09/06/2027 (a)(s) | | Lending Club | | | 9/8/2023 | | | | 8,043 | | | | 7,830 | | | | 7,747 | |
203537628.SRDLC, 20.99%, 08/14/2026 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 994 | | | | 970 | | | | 956 | |
203545003.SRDLC, 29.99%, 08/20/2026 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 2,025 | | | | 1,974 | | | | 1,960 | |
203548820.SRDLC, 10.99%, 08/14/2028 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 12,545 | | | | 12,266 | | | | 12,292 | |
203552226.SRDLC, 19.99%, 08/15/2026 (a)(s) | | Lending Club | | | 8/17/2023 | | | | 8,261 | | | | 8,058 | | | | 7,955 | |
203561448.SRDLC, 10.34%, 08/10/2026 (a)(s) | | Lending Club | | | 8/14/2023 | | | | 12,055 | | | | 11,817 | | | | 11,842 | |
203565404.SRDLC, 28.99%, 08/16/2025 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 728 | | | | 712 | | | | 715 | |
203566046.SRDLC, 28.99%, 08/16/2028 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 7,472 | | | | 7,263 | | | | 7,316 | |
203567747.SRDLC, 32.39%, 08/16/2028 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 14,097 | | | | 13,700 | | | | 13,778 | |
203570882.SRDLC, 17.24%, 08/16/2028 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 36,427 | | | | 35,601 | | | | 35,198 | |
203571743.SRDLC, 30.99%, 08/22/2026 (a)(s) | | Lending Club | | | 8/24/2023 | | | | 12,788 | | | | 12,463 | | | | 12,392 | |
203573713.SRDLC, 29.49%, 08/16/2027 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 2,167 | | | | 2,108 | | | | 2,141 | |
203576237.SRDLC, 27.99%, 08/16/2028 (a)(s) | | Lending Club | | | 8/18/2023 | | | | 7,458 | | | | 7,250 | | | | 7,306 | |
203592212.SRDLC, 20.99%, 08/25/2026 (a)(s) | | Lending Club | | | 8/21/2023 | | | | 2,084 | | | | 2,033 | | | | 2,016 | |
203592650.SRDLC, 10.74%, 09/22/2026 (a)(s) | | Lending Club | | | 9/26/2023 | | | | 11,617 | | | | 11,377 | | | | 11,361 | |
203597908.SRDLC, 31.89%, 08/31/2027 (a)(p)(s) | | Lending Club | | | 8/21/2023 | | | | 1,201 | | | | 1,169 | | | | 1,156 | |
203601173.SRDLC, 28.99%, 08/31/2025 (a)(p)(s) | | Lending Club | | | 8/22/2023 | | | | 1,841 | | | | 1,801 | | | | 1,810 | |
203601584.SRDLC, 9.74%, 08/21/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 2,407 | | | | 2,359 | | | | 2,366 | |
203609082.SRDLC, 12.99%, 08/14/2028 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 22,523 | | | | 22,018 | | | | 21,796 | |
203611919.SRDLC, 17.24%, 08/31/2028 (a)(s) | | Lending Club | | | 9/5/2023 | | | | 27,306 | | | | 26,683 | | | | 26,537 | |
203614218.SRDLC, 8.24%, 08/14/2026 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 14,374 | | | | 14,091 | | | | 14,125 | |
203621777.SRDLC, 9.74%, 08/14/2026 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 4,308 | | | | 4,223 | | | | 4,235 | |
203623021.SRDLC, 8.24%, 08/24/2026 (a)(s) | | Lending Club | | | 8/28/2023 | | | | 14,374 | | | | 14,088 | | | | 14,140 | |
203626028.SRDLC, 7.24%, 08/17/2026 (a)(s) | | Lending Club | | | 8/21/2023 | | | | 10,349 | | | | 10,145 | | | | 10,221 | |
203626073.SRDLC, 14.74%, 08/21/2027 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 15,682 | | | | 15,342 | | | | 15,418 | |
203633630.SRDLC, 15.49%, 08/14/2028 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 36,270 | | | | 35,452 | | | | 35,096 | |
203634690.SRDLC, 15.00%, 12/15/2026 (a)(s) | | Lending Club | | | 8/17/2023 | | | | 5,036 | | | | 4,921 | | | | 4,546 | |
203638248.SRDLC, 9.49%, 08/26/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 27,072 | | | | 26,533 | | | | 26,631 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
74
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
203638648.SRDLC, 9.74%, 08/17/2026 (a)(s) | | Lending Club | | | 8/21/2023 | | | $ | 12,033 | | | $ | 11,794 | | | $ | 11,829 | |
203643192.SRDLC, 30.49%, 08/21/2028 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 23,415 | | | | 22,747 | | | | 23,000 | |
203645977.SRDLC, 21.24%, 08/14/2028 (a)(s) | | Lending Club | | | 8/16/2023 | | | | 22,980 | | | | 22,454 | | | | 22,106 | |
203647546.SRDLC, 18.99%, 09/05/2028 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 18,516 | | | | 18,005 | | | | 18,004 | |
203656810.SRDLC, 13.49%, 08/15/2027 (a)(s) | | Lending Club | | | 8/17/2023 | | | | 27,625 | | | | 27,031 | | | | 27,169 | |
203664790.SRDLC, 12.74%, 08/04/2026 (a)(s) | | Lending Club | | | 8/21/2023 | | | | 496 | | | | 486 | | | | 488 | |
203666719.SRDLC, 12.73%, 08/29/2026 (a)(s) | | Lending Club | | | 8/17/2023 | | | | 4,780 | | | | 4,684 | | | | 4,662 | |
203668036.SRDLC, 24.99%, 08/23/2025 (a)(s) | | Lending Club | | | 8/25/2023 | | | | 5,759 | | | | 5,635 | | | | 5,731 | |
203669529.SRDLC, 7.00%, 08/21/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 15,910 | | | | 15,596 | | | | 15,715 | |
203685456.SRDLC, 13.49%, 08/30/2026 (a)(p)(s) | | Lending Club | | | 8/23/2023 | | | | 11,739 | | | | 11,502 | | | | 11,466 | |
203694435.SRDLC, 7.24%, 08/21/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 6,130 | | | | 6,009 | | | | 6,055 | |
203705262.SRDLC, 15.99%, 08/23/2026 (a)(s) | | Lending Club | | | 8/25/2023 | | | | 6,945 | | | | 6,775 | | | | 6,749 | |
203709129.SRDLC, 9.74%, 08/21/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 8,022 | | | | 7,862 | | | | 7,888 | |
203711930.SRDLC, 14.24%, 08/21/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 2,845 | | | | 2,788 | | | | 2,762 | |
203715269.SRDLC, 7.24%, 08/21/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 2,786 | | | | 2,731 | | | | 2,752 | |
203717864.SRDLC, 13.49%, 08/25/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 13,816 | | | | 13,537 | | | | 13,476 | |
203718377.SRDLC, 9.24%, 08/28/2026 (a)(p)(s) | | Lending Club | | | 8/29/2023 | | | | 13,217 | | | | 12,887 | | | | 2,742 | |
203720575.SRDLC, 13.74%, 08/17/2026 (a)(s) | | Lending Club | | | 8/21/2023 | | | | 20,781 | | | | 20,363 | | | | 20,252 | |
203721454.SRDLC, 17.74%, 08/28/2026 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 28,471 | | | | 27,848 | | | | 27,678 | |
203727116.SRDLC, 9.70%, 08/22/2026 (a)(s) | | Lending Club | | | 8/24/2023 | | | | 32,085 | | | | 31,444 | | | | 31,596 | |
203732053.SRDLC, 12.49%, 08/25/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 10,936 | | | | 10,716 | | | | 10,699 | |
203738755.SRDLC, 10.99%, 08/20/2026 (a)(s) | | Lending Club | | | 8/25/2023 | | | | 1,609 | | | | 1,576 | | | | 1,582 | |
203743719.SRDLC, 13.99%, 08/21/2026 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 5,849 | | | | 5,731 | | | | 5,703 | |
203748381.SRDLC, 8.24%, 09/02/2026 (a)(s) | | Lending Club | | | 8/28/2023 | | | | 16,195 | | | | 15,872 | | | | 15,932 | |
203751185.SRDLC, 13.24%, 08/23/2027 (a)(s) | | Lending Club | | | 8/23/2023 | | | | 32,985 | | | | 32,273 | | | | 32,796 | |
203760470.SRDLC, 10.49%, 08/25/2026 (a)(s) | | Lending Club | | | 8/29/2023 | | | | 9,246 | | | | 9,061 | | | | 9,096 | |
203761982.SRDLC, 20.99%, 08/22/2028 (a)(s) | | Lending Club | | | 8/24/2023 | | | | 18,391 | | | | 17,969 | | | | 17,795 | |
203768698.SRDLC, 9.49%, 08/28/2028 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 26,772 | | | | 26,172 | | | | 26,316 | |
203779390.SRDLC, 12.99%, 08/22/2027 (a)(s) | | Lending Club | | | 8/24/2023 | | | | 13,006 | | | | 12,725 | | | | 12,932 | |
203779740.SRDLC, 13.74%, 08/26/2026 (a)(s) | | Lending Club | | | 8/25/2023 | | | | 3,902 | | | | 3,823 | | | | 3,818 | |
203786996.SRDLC, 14.24%, 08/24/2026 (a)(s) | | Lending Club | | | 8/28/2023 | | | | 17,885 | | | | 17,522 | | | | 17,358 | |
203789134.SRDLC, 14.74%, 08/24/2027 (a)(s) | | Lending Club | | | 8/28/2023 | | | | 20,900 | | | | 20,445 | | | | 20,574 | |
203792186.SRDLC, 13.74%, 09/05/2027 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 8,859 | | | | 8,666 | | | | 8,796 | |
203801128.SRDLC, 12.49%, 08/01/2026 (a)(p)(s) | | Lending Club | | | 8/28/2023 | | | | 33,434 | | | | 32,758 | | | | 32,642 | |
203801304.SRDLC, 13.74%, 08/28/2026 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 16,235 | | | | 15,905 | | | | 15,798 | |
203810114.SRDLC, 9.49%, 08/28/2026 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 10,902 | | | | 10,683 | | | | 10,726 | |
203816676.SRDLC, 15.74%, 08/28/2028 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 18,146 | | | | 17,734 | | | | 17,623 | |
203830149.SRDLC, 16.46%, 08/28/2027 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 4,376 | | | | 4,280 | | | | 4,313 | |
203830171.SRDLC, 11.24%, 08/31/2028 (a)(p)(s) | | Lending Club | | | 8/30/2023 | | | | 22,435 | | | | 21,929 | | | | 22,013 | |
203830989.SRDLC, 20.75%, 08/28/2028 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 12,855 | | | | 12,559 | | | | 12,388 | |
203836638.SRDLC, 11.99%, 09/30/2028 (a)(p)(s) | | Lending Club | | | 9/19/2023 | | | | 13,754 | | | | 13,442 | | | | 13,456 | |
203838024.SRDLC, 9.74%, 09/05/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 8,276 | | | | 8,109 | | | | 8,137 | |
203838432.SRDLC, 10.00%, 06/19/2029 (a)(p)(s) | | Lending Club | | | 9/8/2023 | | | | 21,433 | | | | 20,899 | | | | 18,949 | |
203853264.SRDLC, 15.49%, 08/28/2026 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 6,119 | | | | 5,994 | | | | 5,956 | |
203859318.SRDLC, 10.24%, 08/28/2026 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 24,103 | | | | 23,618 | | | | 23,538 | |
203862282.SRDLC, 19.99%, 08/28/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 2,057 | | | | 2,006 | | | | 1,999 | |
203862370.SRDLC, 9.74%, 08/28/2026 (a)(s) | | Lending Club | | | 8/30/2023 | | | | 16,044 | | | | 15,722 | | | | 15,786 | |
203867193.SRDLC, 8.24%, 08/29/2025 (a)(s) | | Lending Club | | | 8/31/2023 | | | | 6,847 | | | | 6,729 | | | | 6,797 | |
203875110.SRDLC, 8.99%, 08/29/2026 (a)(s) | | Lending Club | | | 8/31/2023 | | | | 14,807 | | | | 14,507 | | | | 14,573 | |
203878978.SRDLC, 7.17%, 09/19/2026 (a)(s) | | Lending Club | | | 9/11/2023 | | | | 10,553 | | | | 10,340 | | | | 10,444 | |
203880271.SRDLC, 9.49%, 09/02/2026 (a)(s) | | Lending Club | | | 9/15/2023 | | | | 20,613 | | | | 20,194 | | | | 20,262 | |
203883383.SRDLC, 10.74%, 09/21/2027 (a)(s) | | Lending Club | | | 9/18/2023 | | | | 19,746 | | | | 19,315 | | | | 19,649 | |
203888619.SRDLC, 13.99%, 08/30/2026 (a)(s) | | Lending Club | | | 9/1/2023 | | | | 16,228 | | | | 15,899 | | | | 15,831 | |
203895315.SRDLC, 7.89%, 08/30/2026 (a)(p)(s) | | Lending Club | | | 9/1/2023 | | | | 17,230 | | | | 16,887 | | | | 16,962 | |
203901815.SRDLC, 27.99%, 08/29/2028 (a)(s) | | Lending Club | | | 8/31/2023 | | | | 23,305 | | | | 22,635 | | | | 23,067 | |
203902012.SRDLC, 13.49%, 08/31/2026 (a)(p)(s) | | Lending Club | | | 9/5/2023 | | | | 25,134 | | | | 24,625 | | | | 24,477 | |
203912524.SRDLC, 9.99%, 09/11/2028 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 22,229 | | | | 21,728 | | | | 21,813 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
75
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
203914458.SRDLC, 14.24%, 09/14/2026 (a)(s) | | Lending Club | | | 9/18/2023 | | | $ | 12,546 | | | $ | 12,285 | | | $ | 12,202 | |
203922191.SRDLC, 13.49%, 09/10/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 20,106 | | | | 19,694 | | | | 19,582 | |
203931557.SRDLC, 19.24%, 09/05/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 12,714 | | | | 12,450 | | | | 12,222 | |
203935388.SRDLC, 15.49%, 09/05/2028 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 26,994 | | | | 26,379 | | | | 26,129 | |
203936470.SRDLC, 7.24%, 09/11/2026 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 23,431 | | | | 22,957 | | | | 23,159 | |
203943135.SRDLC, 16.24%, 09/05/2028 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 17,949 | | | | 17,539 | | | | 17,336 | |
203947876.SRDLC, 12.99%, 09/12/2027 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 15,966 | | | | 15,618 | | | | 15,857 | |
203951630.SRDLC, 11.99%, 09/11/2026 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 9,574 | | | | 9,378 | | | | 9,341 | |
203951950.SRDLC, 10.74%, 09/10/2027 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 18,491 | | | | 18,092 | | | | 18,368 | |
203959091.SRDLC, 13.71%, 08/31/2026 (a)(p)(s) | | Lending Club | | | 9/5/2023 | | | | 9,330 | | | | 9,141 | | | | 9,045 | |
203963255.SRDLC, 10.74%, 09/05/2028 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 15,452 | | | | 15,104 | | | | 15,152 | |
203964501.SRDLC, 26.99%, 09/05/2027 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 7,294 | | | | 7,096 | | | | 7,136 | |
203966956.SRDLC, 15.49%, 09/05/2028 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 11,946 | | | | 11,674 | | | | 11,563 | |
203969300.SRDLC, 31.89%, 09/05/2027 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 5,060 | | | | 4,922 | | | | 4,942 | |
203970650.SRDLC, 13.49%, 09/08/2026 (a)(s) | | Lending Club | | | 9/12/2023 | | | | 13,372 | | | | 13,097 | | | | 12,989 | |
203980955.SRDLC, 26.49%, 09/20/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 8,729 | | | | 8,508 | | | | 8,450 | |
203981929.SRDLC, 9.25%, 09/05/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 10,580 | | | | 10,366 | | | | 10,420 | |
203986355.SRDLC, 24.99%, 09/06/2026 (a)(s) | | Lending Club | | | 9/8/2023 | | | | 5,131 | | | | 5,001 | | | | 4,917 | |
203986859.SRDLC, 12.49%, 09/05/2028 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 4,564 | | | | 4,460 | | | | 4,462 | |
203987377.SRDLC, 9.74%, 09/06/2026 (a)(s) | | Lending Club | | | 9/8/2023 | | | | 12,415 | | | | 12,163 | | | | 12,207 | |
203990041.SRDLC, 12.73%, 10/30/2026 (a)(p)(s) | | Lending Club | | | 9/7/2023 | | | | 14,807 | | | | 14,437 | | | | 0 | |
203990508.SRDLC, 30.99%, 09/15/2028 (a)(s) | | Lending Club | | | 9/12/2023 | | | | 5,714 | | | | 5,553 | | | | 5,577 | |
204004456.SRDLC, 10.24%, 09/07/2026 (a)(s) | | Lending Club | | | 9/11/2023 | | | | 12,431 | | | | 12,178 | | | | 12,124 | |
204006194.SRDLC, 15.99%, 09/11/2028 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 11,458 | | | | 11,196 | | | | 11,090 | |
204006936.SRDLC, 26.99%, 09/05/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 4,291 | | | | 4,182 | | | | 4,115 | |
204007369.SRDLC, 6.91%, 09/05/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 15,196 | | | | 14,891 | | | | 15,015 | |
204011199.SRDLC, 12.99%, 10/04/2028 (a)(s) | | Lending Club | | | 10/6/2023 | | | | 24,089 | | | | 23,536 | | | | 23,368 | |
204011210.SRDLC, 19.49%, 09/11/2026 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 11,026 | | | | 10,795 | | | | 10,628 | |
204011230.SRDLC, 12.24%, 09/24/2028 (a)(s) | | Lending Club | | | 9/18/2023 | | | | 36,629 | | | | 35,798 | | | | 35,988 | |
204015353.SRDLC, 31.89%, 09/05/2027 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 13,801 | | | | 13,423 | | | | 13,478 | |
204015411.SRDLC, 11.74%, 09/08/2026 (a)(s) | | Lending Club | | | 9/12/2023 | | | | 18,304 | | | | 17,929 | | | | 17,852 | |
204015417.SRDLC, 8.24%, 09/06/2026 (a)(s) | | Lending Club | | | 9/8/2023 | | | | 12,365 | | | | 12,116 | | | | 12,159 | |
204023193.SRDLC, 19.24%, 09/11/2028 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 8,336 | | | | 8,144 | | | | 8,037 | |
204029226.SRDLC, 9.74%, 09/18/2026 (a)(s) | | Lending Club | | | 9/20/2023 | | | | 19,860 | | | | 19,453 | | | | 19,551 | |
204033628.SRDLC, 19.49%, 09/18/2026 (a)(s) | | Lending Club | | | 9/20/2023 | | | | 8,481 | | | | 8,303 | | | | 8,202 | |
204034397.SRDLC, 14.74%, 09/11/2028 (a)(p)(s) | | Lending Club | | | 9/13/2023 | | | | 11,586 | | | | 11,296 | | | | 977 | |
204043534.SRDLC, 13.49%, 09/12/2026 (a)(s) | | Lending Club | | | 9/14/2023 | | | | 17,550 | | | | 17,189 | | | | 17,060 | |
204050055.SRDLC, 20.99%, 09/08/2026 (a)(s) | | Lending Club | | | 9/12/2023 | | | | 4,256 | | | | 4,148 | | | | 4,097 | |
204052415.SRDLC, 17.49%, 09/14/2026 (a)(s) | | Lending Club | | | 9/18/2023 | | | | 20,257 | | | | 19,834 | | | | 19,669 | |
204054285.SRDLC, 13.49%, 09/11/2027 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 8,854 | | | | 8,660 | | | | 8,796 | |
204055143.SRDLC, 21.49%, 09/05/2026 (a)(s) | | Lending Club | | | 9/7/2023 | | | | 7,243 | | | | 7,061 | | | | 6,958 | |
204061116.SRDLC, 14.74%, 09/11/2026 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 14,252 | | | | 13,958 | | | | 13,808 | |
204062213.SRDLC, 16.24%, 09/18/2028 (a)(s) | | Lending Club | | | 9/20/2023 | | | | 26,163 | | | | 25,563 | | | | 25,387 | |
204065000.SRDLC, 15.49%, 09/12/2028 (a)(s) | | Lending Club | | | 9/14/2023 | | | | 18,746 | | | | 18,318 | | | | 18,179 | |
204068660.SRDLC, 15.74%, 09/19/2028 (a)(p)(s) | | Lending Club | | | 9/21/2023 | | | | 19,779 | | | | 19,284 | | | | 2,142 | |
204073961.SRDLC, 30.99%, 09/07/2026 (a)(s) | | Lending Club | | | 9/11/2023 | | | | 13,051 | | | | 12,714 | | | | 12,536 | |
204110223.SRDLC, 14.49%, 09/15/2028 (a)(s) | | Lending Club | | | 9/14/2023 | | | | 16,528 | | | | 16,151 | | | | 16,200 | |
204121557.SRDLC, 22.99%, 09/21/2027 (a)(p)(s) | | Lending Club | | | 9/25/2023 | | | | 3,676 | | | | 3,593 | | | | 3,666 | |
204122257.SRDLC, 31.89%, 09/15/2027 (a)(s) | | Lending Club | | | 9/12/2023 | | | | 13,910 | | | | 13,530 | | | | 13,607 | |
204124473.SRDLC, 9.24%, 09/12/2026 (a)(s) | | Lending Club | | | 9/14/2023 | | | | 8,679 | | | | 8,502 | | | | 8,539 | |
204124927.SRDLC, 26.99%, 09/11/2026 (a)(p)(s) | | Lending Club | | | 9/13/2023 | | | | 1,045 | | | | 1,014 | | | | 1,008 | |
204129331.SRDLC, 8.24%, 09/11/2026 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 8,656 | | | | 8,480 | | | | 8,516 | |
204131981.SRDLC, 19.49%, 09/18/2028 (a)(s) | | Lending Club | | | 9/20/2023 | | | | 12,837 | | | | 12,518 | | | | 12,338 | |
204134551.SRDLC, 32.39%, 09/11/2028 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 9,481 | | | | 9,213 | | | | 9,200 | |
204136163.SRDLC, 24.99%, 09/11/2026 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 859 | | | | 837 | | | | 826 | |
204136555.SRDLC, 12.99%, 09/18/2028 (a)(s) | | Lending Club | | | 9/20/2023 | | | | 22,844 | | | | 22,324 | | | | 22,195 | |
204137266.SRDLC, 10.26%, 09/18/2028 (a)(s) | | Lending Club | | | 9/20/2023 | | | | 36,315 | | | | 35,494 | | | | 35,725 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
76
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
204138929.SRDLC, 14.24%, 09/19/2026 (a)(s) | | Lending Club | | | 9/21/2023 | | | $ | 7,117 | | | $ | 6,969 | | | $ | 6,911 | |
204140330.SRDLC, 13.74%, 09/18/2026 (a)(s) | | Lending Club | | | 9/20/2023 | | | | 7,526 | | | | 7,370 | | | | 7,351 | |
204142119.SRDLC, 24.49%, 09/11/2025 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 757 | | | | 740 | | | | 747 | |
204142698.SRDLC, 24.99%, 09/11/2026 (a)(p)(s) | | Lending Club | | | 9/13/2023 | | | | 1,585 | | | | 1,537 | | | | 997 | |
204148665.SRDLC, 17.24%, 09/22/2028 (a)(s) | | Lending Club | | | 9/26/2023 | | | | 36,896 | | | | 36,046 | | | | 35,863 | |
204151143.SRDLC, 11.62%, 09/26/2026 (a)(s) | | Lending Club | | | 9/28/2023 | | | | 9,149 | | | | 8,959 | | | | 8,951 | |
204157948.SRDLC, 10.99%, 09/11/2025 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 4,749 | | | | 4,648 | | | | 4,686 | |
204159589.SRDLC, 16.99%, 09/11/2025 (a)(s) | | Lending Club | | | 9/13/2023 | | | | 1,485 | | | | 1,452 | | | | 1,464 | |
204165786.SRDLC, 31.89%, 09/15/2027 (a)(s) | | Lending Club | | | 9/19/2023 | | | | 2,208 | | | | 2,147 | | | | 2,177 | |
204166856.SRDLC, 19.24%, 09/20/2028 (a)(s) | | Lending Club | | | 9/22/2023 | | | | 12,041 | | | | 11,763 | | | | 11,579 | |
204170307.SRDLC, 14.25%, 09/19/2028 (a)(s) | | Lending Club | | | 9/21/2023 | | | | 22,910 | | | | 22,387 | | | | 22,481 | |
204179165.SRDLC, 32.39%, 09/21/2028 (a)(s) | | Lending Club | | | 9/14/2023 | | | | 9,954 | | | | 9,673 | | | | 9,735 | |
204182238.SRDLC, 27.99%, 09/01/2025 (a)(p)(s) | | Lending Club | | | 9/14/2023 | | | | 8,257 | | | | 8,009 | | | | 1,376 | |
204182495.SRDLC, 26.49%, 09/28/2025 (a)(s) | | Lending Club | | | 9/15/2023 | | | | 11,554 | | | | 11,295 | | | | 11,455 | |
204183286.SRDLC, 14.24%, 09/20/2026 (a)(s) | | Lending Club | | | 9/22/2023 | | | | 16,746 | | | | 16,398 | | | | 16,266 | |
204187223.SRDLC, 32.39%, 09/14/2028 (a)(s) | | Lending Club | | | 9/18/2023 | | | | 9,481 | | | | 9,211 | | | | 9,228 | |
204187639.SRDLC, 12.50%, 10/10/2028 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 37,097 | | | | 36,246 | | | | 36,174 | |
204191985.SRDLC, 24.99%, 09/14/2026 (a)(s) | | Lending Club | | | 9/18/2023 | | | | 2,577 | | | | 2,511 | | | | 2,484 | |
204196251.SRDLC, 9.24%, 09/20/2026 (a)(s) | | Lending Club | | | 9/22/2023 | | | | 9,092 | | | | 8,906 | | | | 8,952 | |
204202854.SRDLC, 15.75%, 09/20/2028 (a)(s) | | Lending Club | | | 9/22/2023 | | | | 24,460 | | | | 23,900 | | | | 23,970 | |
204204050.SRDLC, 14.24%, 09/29/2026 (a)(s) | | Lending Club | | | 10/3/2023 | | | | 2,512 | | | | 2,459 | | | | 2,452 | |
204209661.SRDLC, 30.99%, 09/14/2027 (a)(s) | | Lending Club | | | 9/18/2023 | | | | 6,430 | | | | 6,253 | | | | 6,335 | |
204210805.SRDLC, 15.99%, 09/18/2026 (a)(s) | | Lending Club | | | 9/20/2023 | | | | 8,410 | | | | 8,199 | | | | 8,181 | |
204214468.SRDLC, 30.99%, 10/06/2026 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 13,351 | | | | 12,940 | | | | 12,855 | |
204224192.SRDLC, 9.99%, 09/21/2027 (a)(s) | | Lending Club | | | 9/25/2023 | | | | 13,166 | | | | 12,878 | | | | 13,085 | |
204225759.SRDLC, 10.74%, 10/03/2028 (a)(s) | | Lending Club | | | 10/5/2023 | | | | 23,058 | | | | 22,532 | | | | 22,619 | |
204229898.SRDLC, 23.99%, 09/15/2025 (a)(s) | | Lending Club | | | 9/19/2023 | | | | 1,511 | | | | 1,477 | | | | 1,496 | |
204230106.SRDLC, 29.99%, 09/30/2027 (a)(p)(s) | | Lending Club | | | 9/20/2023 | | | | 7,429 | | | | 7,218 | | | | 7,135 | |
204232207.SRDLC, 12.99%, 09/26/2027 (a)(s) | | Lending Club | | | 9/28/2023 | | | | 6,190 | | | | 6,053 | | | | 6,160 | |
204240771.SRDLC, 31.99%, 09/15/2028 (a)(s) | | Lending Club | | | 9/19/2023 | | | | 4,737 | | | | 4,603 | | | | 4,628 | |
204242152.SRDLC, 17.24%, 09/25/2028 (a)(s) | | Lending Club | | | 9/27/2023 | | | | 3,629 | | | | 3,545 | | | | 3,531 | |
204246164.SRDLC, 14.49%, 09/25/2028 (a)(s) | | Lending Club | | | 9/27/2023 | | | | 32,094 | | | | 31,358 | | | | 31,320 | |
204246775.SRDLC, 10.99%, 09/22/2028 (a)(s) | | Lending Club | | | 9/26/2023 | | | | 16,371 | | | | 15,994 | | | | 16,087 | |
204263887.SRDLC, 30.99%, 09/20/2026 (a)(p)(s) | | Lending Club | | | 9/22/2023 | | | | 1,638 | | | | 1,589 | | | | 426 | |
204263898.SRDLC, 9.49%, 10/15/2027 (a)(s) | | Lending Club | | | 10/13/2023 | | | | 12,989 | | | | 12,701 | | | | 12,896 | |
204269082.SRDLC, 8.24%, 09/25/2026 (a)(s) | | Lending Club | | | 9/27/2023 | | | | 6,183 | | | | 6,055 | | | | 6,091 | |
204271092.SRDLC, 10.34%, 09/25/2028 (a)(s) | | Lending Club | | | 9/27/2023 | | | | 34,870 | | | | 34,078 | | | | 34,271 | |
204271776.SRDLC, 10.94%, 09/25/2027 (a)(s) | | Lending Club | | | 9/27/2023 | | | | 22,876 | | | | 22,373 | | | | 22,736 | |
204286161.SRDLC, 18.99%, 09/29/2028 (a)(s) | | Lending Club | | | 10/3/2023 | | | | 17,127 | | | | 16,729 | | | | 16,583 | |
204287553.SRDLC, 23.49%, 09/18/2027 (a)(p)(s) | | Lending Club | | | 9/20/2023 | | | | 4,478 | | | | 4,345 | | | | 4,439 | |
204288094.SRDLC, 14.49%, 10/03/2026 (a)(s) | | Lending Club | | | 10/5/2023 | | | | 8,618 | | | | 8,437 | | | | 8,343 | |
204292640.SRDLC, 21.49%, 09/19/2026 (a)(s) | | Lending Club | | | 9/21/2023 | | | | 2,556 | | | | 2,491 | | | | 2,472 | |
204292960.SRDLC, 32.39%, 09/19/2028 (a)(s) | | Lending Club | | | 9/21/2023 | | | | 14,220 | | | | 13,816 | | | | 13,916 | |
204295212.SRDLC, 9.24%, 09/20/2026 (a)(s) | | Lending Club | | | 9/29/2023 | | | | 17,318 | | | | 16,960 | | | | 17,061 | |
204308288.SRDLC, 11.49%, 09/29/2028 (a)(s) | | Lending Club | | | 10/3/2023 | | | | 2,325 | | | | 2,272 | | | | 2,327 | |
204310629.SRDLC, 30.99%, 09/20/2026 (a)(s) | | Lending Club | | | 9/22/2023 | | | | 8,701 | | | | 8,474 | | | | 8,426 | |
204322219.SRDLC, 22.99%, 10/06/2028 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 5,659 | | | | 5,473 | | | | 5,483 | |
204323494.SRDLC, 30.99%, 10/16/2026 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 2,848 | | | | 2,760 | | | | 2,758 | |
204333802.SRDLC, 19.49%, 10/05/2026 (a)(s) | | Lending Club | | | 10/10/2023 | | | | 26,997 | | | | 26,419 | | | | 25,979 | |
204334194.SRDLC, 27.49%, 09/21/2026 (a)(s) | | Lending Club | | | 9/25/2023 | | | | 7,773 | | | | 7,572 | | | | 7,547 | |
204334859.SRDLC, 15.49%, 10/12/2028 (a)(s) | | Lending Club | | | 10/5/2023 | | | | 15,149 | | | | 14,800 | | | | 14,723 | |
204351331.SRDLC, 22.99%, 09/27/2026 (a)(s) | | Lending Club | | | 9/27/2023 | | | | 21,406 | | | | 20,857 | | | | 20,822 | |
204354172.SRDLC, 28.49%, 09/26/2026 (a)(s) | | Lending Club | | | 9/28/2023 | | | | 6,664 | | | | 6,491 | | | | 6,485 | |
204356087.SRDLC, 21.99%, 09/28/2026 (a)(s) | | Lending Club | | | 9/27/2023 | | | | 8,547 | | | | 8,328 | | | | 8,324 | |
204357965.SRDLC, 10.46%, 10/03/2027 (a)(s) | | Lending Club | | | 10/5/2023 | | | | 15,241 | | | | 14,905 | | | | 15,118 | |
204365736.SRDLC, 22.49%, 09/27/2027 (a)(s) | | Lending Club | | | 9/29/2023 | | | | 1,807 | | | | 1,758 | | | | 1,794 | |
204368204.SRDLC, 24.74%, 10/13/2026 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 1,760 | | | | 1,721 | | | | 1,701 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
77
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
204377853.SRDLC, 10.49%, 10/05/2027 (a)(s) | | Lending Club | | | 10/10/2023 | | | $ | 6,276 | | | $ | 6,137 | | | $ | 6,227 | |
204379080.SRDLC, 10.12%, 10/12/2026 (a)(s) | | Lending Club | | | 10/16/2023 | | | | 5,121 | | | | 5,014 | | | | 5,043 | |
204381183.SRDLC, 30.99%, 09/28/2026 (a)(s) | | Lending Club | | | 10/2/2023 | | | | 5,220 | | | | 5,061 | | | | 5,090 | |
204384797.SRDLC, 13.49%, 10/04/2027 (a)(s) | | Lending Club | | | 10/6/2023 | | | | 36,092 | | | | 35,290 | | | | 35,509 | |
204393944.SRDLC, 7.99%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 7,645 | | | | 7,486 | | | | 7,527 | |
204404676.SRDLC, 28.99%, 09/25/2025 (a)(s) | | Lending Club | | | 9/27/2023 | | | | 4,589 | | | | 4,484 | | | | 4,547 | |
204404801.SRDLC, 28.99%, 09/25/2025 (a)(p)(s) | | Lending Club | | | 9/27/2023 | | | | 2,090 | | | | 2,027 | | | | 568 | |
204416518.SRDLC, 12.49%, 10/10/2026 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 4,470 | | | | 4,376 | | | | 4,378 | |
204432472.SRDLC, 9.99%, 10/06/2026 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 8,875 | | | | 8,689 | | | | 8,751 | |
204432623.SRDLC, 13.74%, 10/06/2026 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 2,151 | | | | 2,106 | | | | 2,100 | |
204435865.SRDLC, 11.62%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 20,555 | | | | 20,122 | | | | 20,138 | |
204441168.SRDLC, 16.99%, 10/06/2028 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 6,535 | | | | 6,383 | | | | 6,335 | |
204445428.SRDLC, 11.26%, 10/06/2028 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 18,350 | | | | 17,930 | | | | 18,047 | |
204448443.SRDLC, 10.00%, 04/27/2028 (a)(p)(s) | | Lending Club | | | 9/29/2023 | | | | 4,883 | | | | 4,745 | | | | 5,001 | |
204453655.SRDLC, 7.17%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 5,888 | | | | 5,765 | | | | 5,829 | |
204454356.SRDLC, 25.99%, 09/27/2026 (a)(s) | | Lending Club | | | 9/29/2023 | | | | 3,443 | | | | 3,354 | | | | 3,340 | |
204456266.SRDLC, 13.74%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 9,637 | | | | 9,433 | | | | 9,409 | |
204466314.SRDLC, 32.39%, 10/19/2028 (a)(s) | | Lending Club | | | 10/23/2023 | | | | 5,736 | | | | 5,544 | | | | 5,627 | |
204467911.SRDLC, 12.24%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 12,864 | | | | 12,593 | | | | 12,603 | |
204468340.SRDLC, 8.24%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 12,749 | | | | 12,483 | | | | 12,552 | |
204469238.SRDLC, 9.49%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 2,557 | | | | 2,504 | | | | 2,517 | |
204469648.SRDLC, 30.49%, 10/07/2028 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 10,166 | | | | 9,830 | | | | 9,878 | |
204471173.SRDLC, 32.39%, 10/04/2028 (a)(s) | | Lending Club | | | 10/6/2023 | | | | 11,475 | | | | 11,093 | | | | 11,094 | |
204471480.SRDLC, 26.99%, 10/03/2026 (a)(s) | | Lending Club | | | 10/5/2023 | | | | 4,418 | | | | 4,284 | | | | 4,244 | |
204481333.SRDLC, 26.99%, 10/22/2026 (a)(s) | | Lending Club | | | 10/5/2023 | | | | 21,351 | | | | 20,700 | | | | 20,779 | |
204486296.SRDLC, 10.24%, 10/17/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 7,275 | | | | 7,123 | | | | 7,176 | |
204493523.SRDLC, 9.74%, 10/10/2028 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 32,213 | | | | 31,478 | | | | 31,628 | |
204504315.SRDLC, 14.24%, 10/11/2026 (a)(s) | | Lending Club | | | 10/13/2023 | | | | 8,678 | | | | 8,494 | | | | 8,423 | |
204508979.SRDLC, 22.49%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 9,637 | | | | 9,342 | | | | 9,377 | |
204517405.SRDLC, 30.49%, 10/02/2028 (a)(s) | | Lending Club | | | 10/4/2023 | | | | 8,678 | | | | 8,390 | | | | 8,393 | |
204517947.SRDLC, 27.49%, 10/19/2028 (a)(s) | | Lending Club | | | 10/6/2023 | | | | 19,248 | | | | 18,629 | | | | 18,706 | |
204532190.SRDLC, 30.99%, 10/03/2026 (a)(s) | | Lending Club | | | 10/5/2023 | | | | 2,113 | | | | 2,048 | | | | 2,026 | |
204533254.SRDLC, 32.39%, 11/20/2028 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 5,427 | | | | 5,249 | | | | 5,345 | |
204534263.SRDLC, 22.99%, 10/03/2026 (a)(s) | | Lending Club | | | 10/5/2023 | | | | 2,631 | | | | 2,552 | | | | 2,528 | |
204537671.SRDLC, 12.99%, 10/01/2026 (a)(s) | | Lending Club | | | 10/13/2023 | | | | 12,829 | | | | 12,557 | | | | 12,524 | |
204540186.SRDLC, 31.89%, 10/30/2027 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 4,475 | | | | 4,330 | | | | 4,463 | |
204548026.SRDLC, 7.24%, 10/24/2026 (a)(s) | | Lending Club | | | 10/16/2023 | | | | 20,495 | | | | 20,067 | | | | 20,312 | |
204557255.SRDLC, 30.99%, 10/05/2026 (a)(s) | | Lending Club | | | 10/10/2023 | | | | 6,231 | | | | 6,039 | | | | 5,995 | |
204558650.SRDLC, 31.99%, 04/05/2029 (a)(p)(s) | | Lending Club | | | 10/10/2023 | | | | 18,000 | | | | 17,370 | | | | 1,949 | |
204559321.SRDLC, 20.99%, 10/05/2026 (a)(s) | | Lending Club | | | 10/10/2023 | | | | 3,494 | | | | 3,389 | | | | 3,376 | |
204560285.SRDLC, 24.49%, 11/10/2025 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 4,729 | | | | 4,595 | | | | 4,659 | |
204562846.SRDLC, 24.99%, 10/06/2026 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 2,641 | | | | 2,561 | | | | 2,544 | |
204565547.SRDLC, 32.39%, 10/05/2028 (a)(s) | | Lending Club | | | 10/10/2023 | | | | 10,566 | | | | 10,213 | | | | 10,244 | |
204573475.SRDLC, 17.50%, 10/12/2027 (a)(s) | | Lending Club | | | 10/16/2023 | | | | 20,011 | | | | 19,559 | | | | 19,755 | |
204575583.SRDLC, 25.99%, 10/04/2026 (a)(s) | | Lending Club | | | 10/16/2023 | | | | 8,756 | | | | 8,488 | | | | 8,448 | |
204581485.SRDLC, 15.99%, 10/16/2028 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 27,799 | | | | 27,154 | | | | 26,946 | |
204581649.SRDLC, 26.99%, 10/10/2026 (a)(p)(s) | | Lending Club | | | 10/12/2023 | | | | 5,754 | | | | 5,552 | | | | 975 | |
204583517.SRDLC, 24.49%, 10/06/2027 (a)(s) | | Lending Club | | | 10/11/2023 | | | | 2,491 | | | | 2,411 | | | | 2,449 | |
204587454.SRDLC, 32.39%, 10/20/2028 (a)(s) | | Lending Club | | | 10/19/2023 | | | | 23,978 | | | | 23,178 | | | | 23,439 | |
204588836.SRDLC, 28.99%, 10/18/2025 (a)(s) | | Lending Club | | | 10/20/2023 | | | | 12,013 | | | | 11,681 | | | | 11,829 | |
204588997.SRDLC, 12.74%, 10/16/2028 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 27,781 | | | | 27,141 | | | | 27,222 | |
204594269.SRDLC, 21.49%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 11,804 | | | | 11,447 | | | | 11,418 | |
204595690.SRDLC, 26.99%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 5,835 | | | | 5,656 | | | | 5,643 | |
204598441.SRDLC, 29.49%, 10/20/2028 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 24,026 | | | | 23,244 | | | | 23,584 | |
204602413.SRDLC, 15.99%, 10/13/2026 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 4,755 | | | | 4,613 | | | | 4,643 | |
204602427.SRDLC, 31.89%, 10/17/2027 (a)(s) | | Lending Club | | | 10/19/2023 | | | | 18,182 | | | | 17,590 | | | | 17,919 | |
204607561.SRDLC, 23.99%, 11/14/2026 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 11,703 | | | | 11,327 | | | | 11,401 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
78
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
204607632.SRDLC, 26.49%, 10/15/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | $ | 14,632 | | | $ | 14,185 | | | $ | 14,187 | |
204609441.SRDLC, 15.74%, 10/16/2028 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 12,015 | | | | 11,736 | | | | 11,673 | |
204610980.SRDLC, 20.99%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 1,048 | | | | 1,017 | | | | 1,014 | |
204611663.SRDLC, 30.99%, 10/10/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 4,450 | | | | 4,313 | | | | 4,290 | |
204615141.SRDLC, 12.24%, 10/13/2028 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 28,679 | | | | 28,019 | | | | 27,882 | |
204617295.SRDLC, 13.99%, 10/13/2027 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 5,871 | | | | 5,739 | | | | 5,828 | |
204622779.SRDLC, 24.49%, 10/25/2026 (a)(s) | | Lending Club | | | 10/12/2023 | | | | 22,214 | | | | 21,544 | | | | 21,537 | |
204627471.SRDLC, 10.49%, 10/16/2028 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 18,437 | | | | 18,014 | | | | 18,112 | |
204629248.SRDLC, 15.49%, 10/13/2028 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 3,724 | | | | 3,638 | | | | 3,617 | |
204637099.SRDLC, 32.39%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 12,530 | | | | 12,109 | | | | 12,223 | |
204642940.SRDLC, 27.49%, 10/11/2026 (a)(p)(s) | | Lending Club | | | 10/13/2023 | | | | 6,137 | | | | 5,951 | | | | 5,925 | |
204647088.SRDLC, 22.99%, 10/11/2025 (a)(s) | | Lending Club | | | 10/13/2023 | | | | 12,022 | | | | 11,698 | | | | 11,850 | |
204647611.SRDLC, 25.99%, 10/11/2026 (a)(s) | | Lending Club | | | 10/13/2023 | | | | 4,410 | | | | 4,275 | | | | 4,254 | |
204650247.SRDLC, 30.99%, 10/16/2026 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 4,272 | | | | 4,140 | | | | 4,136 | |
204651330.SRDLC, 10.24%, 11/06/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 28,148 | | | | 27,497 | | | | 27,747 | |
204652932.SRDLC, 15.99%, 10/20/2026 (a)(s) | | Lending Club | | | 10/24/2023 | | | | 8,646 | | | | 8,385 | | | | 8,462 | |
204652983.SRDLC, 32.39%, 10/17/2028 (a)(s) | | Lending Club | | | 10/16/2023 | | | | 6,921 | | | | 6,690 | | | | 6,750 | |
204653543.SRDLC, 20.99%, 10/30/2026 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 5,241 | | | | 5,081 | | | | 5,114 | |
204658916.SRDLC, 31.89%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 9,444 | | | | 9,133 | | | | 9,265 | |
204659474.SRDLC, 8.24%, 10/16/2026 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 23,483 | | | | 22,928 | | | | 23,175 | |
204659620.SRDLC, 26.49%, 10/11/2026 (a)(s) | | Lending Club | | | 10/13/2023 | | | | 5,738 | | | | 5,563 | | | | 5,535 | |
204660104.SRDLC, 19.99%, 10/17/2028 (a)(s) | | Lending Club | | | 10/13/2023 | | | | 23,119 | | | | 22,364 | | | | 22,645 | |
204665739.SRDLC, 18.99%, 10/12/2025 (a)(s) | | Lending Club | | | 10/16/2023 | | | | 3,921 | | | | 3,815 | | | | 3,855 | |
204666512.SRDLC, 15.99%, 11/01/2026 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 10,739 | | | | 10,418 | | | | 10,482 | |
204667188.SRDLC, 28.99%, 10/18/2025 (a)(p)(s) | | Lending Club | | | 10/20/2023 | | | | 1,938 | | | | 1,870 | | | | 210 | |
204670065.SRDLC, 26.49%, 10/10/2026 (a)(s) | | Lending Club | | | 10/27/2023 | | | | 2,176 | | | | 2,109 | | | | 2,112 | |
204670221.SRDLC, 19.49%, 10/19/2026 (a)(s) | | Lending Club | | | 10/23/2023 | | | | 3,048 | | | | 2,956 | | | | 2,965 | |
204672903.SRDLC, 21.49%, 10/12/2025 (a)(s) | | Lending Club | | | 10/16/2023 | | | | 7,884 | | | | 7,671 | | | | 7,749 | |
204673547.SRDLC, 21.99%, 10/13/2026 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 5,251 | | | | 5,092 | | | | 5,090 | |
204673717.SRDLC, 10.49%, 10/21/2026 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 30,810 | | | | 30,159 | | | | 30,226 | |
204673769.SRDLC, 32.39%, 10/23/2028 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 9,561 | | | | 9,240 | | | | 9,395 | |
204674882.SRDLC, 31.89%, 10/20/2027 (a)(s) | | Lending Club | | | 10/24/2023 | | | | 13,812 | | | | 13,362 | | | | 13,658 | |
204677209.SRDLC, 15.74%, 11/15/2028 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 12,310 | | | | 12,022 | | | | 12,024 | |
204678003.SRDLC, 28.99%, 10/13/2025 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 2,403 | | | | 2,336 | | | | 2,360 | |
204678563.SRDLC, 25.49%, 11/15/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 6,539 | | | | 6,335 | | | | 6,371 | |
204678905.SRDLC, 22.99%, 10/28/2026 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 22,187 | | | | 21,515 | | | | 21,575 | |
204680377.SRDLC, 26.49%, 10/18/2026 (a)(s) | | Lending Club | | | 10/16/2023 | | | | 4,439 | | | | 4,303 | | | | 4,304 | |
204682636.SRDLC, 7.24%, 10/18/2025 (a)(s) | | Lending Club | | | 10/20/2023 | | | | 13,741 | | | | 13,483 | | | | 13,659 | |
204682690.SRDLC, 28.49%, 10/13/2028 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 8,559 | | | | 8,275 | | | | 8,374 | |
204684311.SRDLC, 31.89%, 10/13/2027 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 1,865 | | | | 1,804 | | | | 1,834 | |
204685321.SRDLC, 7.24%, 10/17/2026 (a)(s) | | Lending Club | | | 10/19/2023 | | | | 7,632 | | | | 7,472 | | | | 7,550 | |
204685459.SRDLC, 32.39%, 10/15/2028 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 6,705 | | | | 6,481 | | | | 6,551 | |
204691132.SRDLC, 14.24%, 11/09/2027 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 36,809 | | | | 35,970 | | | | 36,298 | |
204691442.SRDLC, 29.99%, 10/01/2026 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 2,105 | | | | 2,040 | | | | 2,032 | |
204692078.SRDLC, 32.39%, 10/16/2028 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 19,121 | | | | 18,482 | | | | 18,684 | |
204692447.SRDLC, 30.99%, 10/13/2026 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 7,121 | | | | 6,900 | | | | 6,887 | |
204694390.SRDLC, 30.99%, 10/24/2026 (a)(s) | | Lending Club | | | 10/17/2023 | | | | 5,392 | | | | 5,226 | | | | 5,266 | |
204695288.SRDLC, 30.99%, 10/16/2026 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 9,791 | | | | 9,488 | | | | 9,479 | |
204697173.SRDLC, 25.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 3,800 | | | | 3,680 | | | | 3,716 | |
204700782.SRDLC, 30.99%, 10/16/2026 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 2,214 | | | | 2,146 | | | | 2,143 | |
204700848.SRDLC, 19.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 16,092 | | | | 15,597 | | | | 15,609 | |
204704899.SRDLC, 32.39%, 11/06/2028 (a)(p)(s) | | Lending Club | | | 11/8/2023 | | | | 14,684 | | | | 14,170 | | | | 3,493 | |
204705127.SRDLC, 25.49%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 6,885 | | | | 6,654 | | | | 6,727 | |
204707973.SRDLC, 30.99%, 10/16/2026 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 11,571 | | | | 11,213 | | | | 11,203 | |
204709346.SRDLC, 30.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 6,822 | | | | 6,606 | | | | 6,619 | |
204710073.SRDLC, 29.49%, 10/25/2028 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 14,403 | | | | 13,925 | | | | 14,192 | |
204710527.SRDLC, 25.99%, 10/22/2027 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 18,105 | | | | 17,523 | | | | 17,950 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
79
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
204711592.SRDLC, 31.99%, 10/17/2028 (a)(s) | | Lending Club | | | 10/19/2023 | | | $ | 9,556 | | | $ | 9,236 | | | $ | 9,347 | |
204713085.SRDLC, 31.99%, 10/16/2028 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 19,111 | | | | 18,473 | | | | 18,679 | |
204717857.SRDLC, 31.89%, 10/31/2027 (a)(s) | | Lending Club | | | 10/18/2023 | | | | 2,732 | | | | 2,641 | | | | 2,690 | |
204719096.SRDLC, 25.99%, 11/14/2028 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 9,568 | | | | 9,248 | | | | 9,322 | |
204720778.SRDLC, 20.99%, 10/19/2028 (a)(s) | | Lending Club | | | 10/23/2023 | | | | 33,843 | | | | 33,049 | | | | 32,895 | |
204721182.SRDLC, 32.39%, 11/02/2028 (a)(p)(s) | | Lending Club | | | 11/6/2023 | | | | 12,134 | | | | 11,710 | | | | 6,998 | |
204725761.SRDLC, 19.99%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 7,973 | | | | 7,709 | | | | 7,867 | |
204726884.SRDLC, 14.99%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 12,941 | | | | 12,552 | | | | 12,677 | |
204727522.SRDLC, 14.49%, 10/17/2026 (a)(s) | | Lending Club | | | 10/19/2023 | | | | 4,309 | | | | 4,217 | | | | 4,187 | |
204730607.SRDLC, 28.49%, 10/17/2028 (a)(s) | | Lending Club | | | 10/19/2023 | | | | 6,657 | | | | 6,436 | | | | 6,517 | |
204732244.SRDLC, 32.39%, 11/03/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 19,278 | | | | 18,630 | | | | 18,680 | |
204740773.SRDLC, 20.49%, 10/27/2026 (a)(s) | | Lending Club | | | 10/31/2023 | | | | 13,962 | | | | 13,528 | | | | 13,629 | |
204741177.SRDLC, 30.49%, 10/18/2028 (a)(p)(s) | | Lending Club | | | 10/20/2023 | | | | 4,849 | | | | 4,680 | | | | 1,197 | |
204742054.SRDLC, 29.99%, 10/19/2026 (a)(s) | | Lending Club | | | 10/23/2023 | | | | 2,666 | | | | 2,583 | | | | 2,590 | |
204744165.SRDLC, 31.89%, 10/18/2027 (a)(s) | | Lending Club | | | 10/20/2023 | | | | 6,486 | | | | 6,275 | | | | 6,396 | |
204744381.SRDLC, 9.71%, 10/18/2025 (a)(s) | | Lending Club | | | 10/20/2023 | | | | 7,678 | | | | 7,533 | | | | 7,583 | |
204744907.SRDLC, 25.49%, 11/19/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 2,270 | | | | 2,199 | | | | 2,219 | |
204746318.SRDLC, 19.99%, 10/24/2026 (a)(s) | | Lending Club | | | 10/26/2023 | | | | 5,231 | | | | 5,071 | | | | 5,095 | |
204747277.SRDLC, 12.99%, 10/18/2026 (a)(s) | | Lending Club | | | 10/20/2023 | | | | 25,578 | | | | 25,033 | | | | 25,012 | |
204753016.SRDLC, 29.49%, 11/27/2028 (a)(p)(s) | | Lending Club | | | 11/15/2023 | | | | 20,769 | | | | 20,042 | | | | 5,214 | |
204764423.SRDLC, 12.74%, 11/16/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 30,038 | | | | 29,336 | | | | 29,334 | |
204767760.SRDLC, 21.49%, 10/18/2025 (a)(s) | | Lending Club | | | 10/24/2023 | | | | 6,533 | | | | 6,354 | | | | 6,440 | |
204769673.SRDLC, 14.24%, 10/20/2028 (a)(s) | | Lending Club | | | 10/24/2023 | | | | 16,718 | | | | 16,330 | | | | 16,269 | |
204772978.SRDLC, 20.99%, 11/02/2026 (a)(s) | | Lending Club | | | 10/30/2023 | | | | 7,194 | | | | 6,974 | | | | 6,981 | |
204773775.SRDLC, 23.49%, 10/20/2026 (a)(s) | | Lending Club | | | 10/24/2023 | | | | 8,251 | | | | 7,999 | | | | 8,015 | |
204774959.SRDLC, 24.99%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 2,641 | | | | 2,560 | | | | 2,566 | |
204776470.SRDLC, 24.99%, 10/20/2026 (a)(s) | | Lending Club | | | 10/24/2023 | | | | 1,233 | | | | 1,194 | | | | 1,201 | |
204777811.SRDLC, 27.49%, 10/28/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 8,879 | | | | 8,604 | | | | 8,694 | |
204778284.SRDLC, 30.99%, 11/01/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 10,864 | | | | 10,497 | | | | 10,466 | |
204780925.SRDLC, 29.49%, 10/30/2028 (a)(p)(s) | | Lending Club | | | 10/25/2023 | | | | 23,011 | | | | 22,252 | | | | 22,146 | |
204781074.SRDLC, 23.49%, 11/14/2026 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 17,983 | | | | 17,423 | | | | 17,455 | |
204784436.SRDLC, 30.99%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 4,450 | | | | 4,312 | | | | 4,330 | |
204785325.SRDLC, 23.99%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/20/2023 | | | | 6,901 | | | | 6,659 | | | | 1,703 | |
204786280.SRDLC, 13.49%, 10/23/2027 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 4,512 | | | | 4,410 | | | | 4,482 | |
204786282.SRDLC, 15.99%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 12,431 | | | | 12,047 | | | | 12,200 | |
204786911.SRDLC, 11.49%, 11/10/2028 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 23,606 | | | | 23,057 | | | | 23,027 | |
204787395.SRDLC, 23.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 5,417 | | | | 5,248 | | | | 5,276 | |
204788438.SRDLC, 9.88%, 10/25/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 3,415 | | | | 3,342 | | | | 3,354 | |
204788715.SRDLC, 13.62%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 19,452 | | | | 19,025 | | | | 19,150 | |
204789670.SRDLC, 14.64%, 10/20/2026 (a)(s) | | Lending Club | | | 10/24/2023 | | | | 24,139 | | | | 23,621 | | | | 23,508 | |
204790084.SRDLC, 19.99%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 1,046 | | | | 1,014 | | | | 1,018 | |
204790332.SRDLC, 32.39%, 10/23/2028 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 4,780 | | | | 4,620 | | | | 4,697 | |
204790872.SRDLC, 23.49%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 8,778 | | | | 8,509 | | | | 8,534 | |
204791068.SRDLC, 10.99%, 10/27/2027 (a)(s) | | Lending Club | | | 10/31/2023 | | | | 5,834 | | | | 5,702 | | | | 5,798 | |
204793641.SRDLC, 10.19%, 10/23/2027 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 35,842 | | | | 35,041 | | | | 35,599 | |
204795406.SRDLC, 12.49%, 10/20/2026 (a)(s) | | Lending Club | | | 10/24/2023 | | | | 2,145 | | | | 2,099 | | | | 2,099 | |
204798537.SRDLC, 25.99%, 10/24/2028 (a)(s) | | Lending Club | | | 10/26/2023 | | | | 23,689 | | | | 22,903 | | | | 23,125 | |
204799007.SRDLC, 14.74%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 3,018 | | | | 2,953 | | | | 2,947 | |
204799620.SRDLC, 20.99%, 10/24/2026 (a)(s) | | Lending Club | | | 10/26/2023 | | | | 9,280 | | | | 8,997 | | | | 9,041 | |
204806331.SRDLC, 23.99%, 10/24/2027 (a)(s) | | Lending Club | | | 10/26/2023 | | | | 11,874 | | | | 11,492 | | | | 11,831 | |
204807121.SRDLC, 6.91%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 5,508 | | | | 5,391 | | | | 5,450 | |
204818213.SRDLC, 28.99%, 11/13/2025 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 1,379 | | | | 1,340 | | | | 1,352 | |
204819660.SRDLC, 30.99%, 10/25/2026 (a)(s) | | Lending Club | | | 10/27/2023 | | | | 13,351 | | | | 12,932 | | | | 13,009 | |
204820864.SRDLC, 25.49%, 10/25/2025 (a)(p)(s) | | Lending Club | | | 10/27/2023 | | | | 5,718 | | | | 5,518 | | | | 5,660 | |
204821585.SRDLC, 14.24%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 10,336 | | | | 10,115 | | | | 10,060 | |
204824956.SRDLC, 25.49%, 10/25/2027 (a)(s) | | Lending Club | | | 10/27/2023 | | | | 23,072 | | | | 22,326 | | | | 23,041 | |
204827026.SRDLC, 12.99%, 10/26/2026 (a)(s) | | Lending Club | | | 10/30/2023 | | | | 8,590 | | | | 8,332 | | | | 8,432 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
80
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
204827446.SRDLC, 10.24%, 11/02/2026 (a)(s) | | Lending Club | | | 11/6/2023 | | | $ | 8,787 | | | $ | 8,598 | | | $ | 8,661 | |
204827760.SRDLC, 21.49%, 11/01/2026 (a)(s) | | Lending Club | | | 10/30/2023 | | | | 3,508 | | | | 3,400 | | | | 3,403 | |
204830054.SRDLC, 23.49%, 10/30/2026 (a)(s) | | Lending Club | | | 10/30/2023 | | | | 8,700 | | | | 8,424 | | | | 8,482 | |
204833035.SRDLC, 26.49%, 10/30/2028 (a)(s) | | Lending Club | | | 11/1/2023 | | | | 23,417 | | | | 22,638 | | | | 22,927 | |
204833610.SRDLC, 19.00%, 10/23/2028 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 22,481 | | | | 21,956 | | | | 21,664 | |
204836877.SRDLC, 20.99%, 10/26/2026 (a)(s) | | Lending Club | | | 10/30/2023 | | | | 1,747 | | | | 1,693 | | | | 1,704 | |
204838693.SRDLC, 8.89%, 10/23/2026 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 12,769 | | | | 12,498 | | | | 12,609 | |
204839877.SRDLC, 32.39%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 6,364 | | | | 6,147 | | | | 6,244 | |
204843005.SRDLC, 12.24%, 10/25/2027 (a)(s) | | Lending Club | | | 10/25/2023 | | | | 22,517 | | | | 22,012 | | | | 22,379 | |
204846083.SRDLC, 32.39%, 11/06/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 19,207 | | | | 18,566 | | | | 18,624 | |
204848035.SRDLC, 22.99%, 10/26/2026 (a)(s) | | Lending Club | | | 10/30/2023 | | | | 5,689 | | | | 5,515 | | | | 5,546 | |
204852757.SRDLC, 10.49%, 10/24/2027 (a)(s) | | Lending Club | | | 10/26/2023 | | | | 4,483 | | | | 4,383 | | | | 4,453 | |
204852875.SRDLC, 23.99%, 10/27/2026 (a)(s) | | Lending Club | | | 10/31/2023 | | | | 21,088 | | | | 20,425 | | | | 20,566 | |
204854168.SRDLC, 25.49%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 4,871 | | | | 4,719 | | | | 4,715 | |
204854813.SRDLC, 9.74%, 10/24/2025 (a)(s) | | Lending Club | | | 10/26/2023 | | | | 3,838 | | | | 3,765 | | | | 3,808 | |
204855787.SRDLC, 22.49%, 11/05/2026 (a)(s) | | Lending Club | | | 10/30/2023 | | | | 22,594 | | | | 21,901 | | | | 21,925 | |
204860745.SRDLC, 31.89%, 11/15/2027 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 14,166 | | | | 13,700 | | | | 13,920 | |
204860917.SRDLC, 11.62%, 10/25/2026 (a)(s) | | Lending Club | | | 10/27/2023 | | | | 11,990 | | | | 11,734 | | | | 11,741 | |
204862220.SRDLC, 18.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 5,355 | | | | 5,189 | | | | 5,218 | |
204862412.SRDLC, 26.49%, 10/27/2028 (a)(s) | | Lending Club | | | 10/31/2023 | | | | 23,707 | | | | 22,902 | | | | 23,204 | |
204862844.SRDLC, 26.99%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 1,356 | | | | 1,314 | | | | 1,311 | |
204862989.SRDLC, 24.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 901 | | | | 873 | | | | 873 | |
204864290.SRDLC, 12.74%, 10/25/2028 (a)(s) | | Lending Club | | | 10/27/2023 | | | | 23,151 | | | | 22,615 | | | | 22,719 | |
204864933.SRDLC, 17.99%, 11/02/2025 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 2,460 | | | | 2,392 | | | | 2,424 | |
204866018.SRDLC, 13.24%, 10/27/2026 (a)(s) | | Lending Club | | | 10/31/2023 | | | | 3,008 | | | | 2,943 | | | | 2,932 | |
204866197.SRDLC, 12.74%, 10/25/2026 (a)(s) | | Lending Club | | | 10/27/2023 | | | | 3,434 | | | | 3,361 | | | | 3,363 | |
204867254.SRDLC, 11.74%, 10/26/2028 (a)(s) | | Lending Club | | | 10/30/2023 | | | | 36,967 | | | | 36,113 | | | | 36,036 | |
204871037.SRDLC, 32.39%, 11/02/2028 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 8,677 | | | | 8,385 | | | | 8,403 | |
204871983.SRDLC, 9.74%, 11/24/2026 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 14,485 | | | | 14,168 | | | | 14,307 | |
204877501.SRDLC, 23.49%, 10/27/2026 (a)(s) | | Lending Club | | | 10/31/2023 | | | | 1,229 | | | | 1,190 | | | | 1,199 | |
204878134.SRDLC, 13.74%, 11/03/2027 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 17,010 | | | | 16,624 | | | | 16,763 | |
204879410.SRDLC, 29.99%, 11/10/2028 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 17,304 | | | | 16,723 | | | | 16,884 | |
204879805.SRDLC, 28.99%, 10/30/2025 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 1,602 | | | | 1,557 | | | | 1,594 | |
204880350.SRDLC, 32.39%, 11/06/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 9,639 | | | | 9,315 | | | | 9,349 | |
204881819.SRDLC, 19.99%, 11/03/2025 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 1,646 | | | | 1,600 | | | | 1,613 | |
204883565.SRDLC, 14.49%, 10/30/2026 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 10,342 | | | | 10,120 | | | | 10,074 | |
204886117.SRDLC, 7.00%, 10/27/2026 (a)(s) | | Lending Club | | | 10/31/2023 | | | | 33,786 | | | | 33,063 | | | | 33,446 | |
204891575.SRDLC, 27.49%, 10/30/2028 (a)(s) | | Lending Club | | | 11/1/2023 | | | | 23,741 | | | | 22,953 | | | | 23,544 | |
204891670.SRDLC, 28.49%, 11/02/2028 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 12,645 | | | | 12,234 | | | | 12,313 | |
204891798.SRDLC, 26.99%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 4,692 | | | | 4,538 | | | | 4,633 | |
204893176.SRDLC, 16.99%, 12/01/2028 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 38,332 | | | | 37,426 | | | | 37,451 | |
204893917.SRDLC, 25.49%, 11/16/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 23,905 | | | | 23,106 | | | | 23,346 | |
204895245.SRDLC, 12.12%, 11/07/2026 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 13,227 | | | | 12,940 | | | | 12,992 | |
204896170.SRDLC, 12.74%, 10/30/2026 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 6,868 | | | | 6,722 | | | | 6,724 | |
204899155.SRDLC, 22.49%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 5,386 | | | | 5,218 | | | | 5,250 | |
204902189.SRDLC, 26.49%, 10/30/2027 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 6,471 | | | | 6,262 | | | | 6,490 | |
204903264.SRDLC, 23.99%, 11/02/2026 (a)(p)(s) | | Lending Club | | | 11/6/2023 | | | | 1,799 | | | | 1,743 | | | | 1,735 | |
204907541.SRDLC, 24.99%, 11/15/2025 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 1,680 | | | | 1,633 | | | | 1,649 | |
204908259.SRDLC, 20.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 896 | | | | 868 | | | | 875 | |
204910003.SRDLC, 12.24%, 10/30/2028 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 15,264 | | | | 14,913 | | | | 14,877 | |
204910104.SRDLC, 6.99%, 10/30/2026 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 31,358 | | | | 30,694 | | | | 31,034 | |
204913690.SRDLC, 19.74%, 11/08/2028 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 14,233 | | | | 13,897 | | | | 13,753 | |
204915364.SRDLC, 24.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 3,245 | | | | 3,144 | | | | 3,133 | |
204916937.SRDLC, 20.99%, 11/03/2026 (a)(p)(s) | | Lending Club | | | 11/7/2023 | | | | 19,706 | | | | 19,017 | | | | 4,400 | |
204918488.SRDLC, 31.89%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 9,444 | | | | 9,134 | | | | 9,211 | |
204919835.SRDLC, 31.89%, 11/15/2027 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | | 9,297 | | | | 8,972 | | | | 1,633 | |
204920573.SRDLC, 19.99%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 22,427 | | | | 21,729 | | | | 21,904 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
81
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
204925281.SRDLC, 10.49%, 11/06/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | $ | 37,406 | | | $ | 36,540 | | | $ | 36,787 | |
204926264.SRDLC, 11.99%, 10/02/2026 (a)(p)(s) | | Lending Club | | | 11/1/2023 | | | | 35,289 | | | | 34,535 | | | | 34,628 | |
204930383.SRDLC, 9.74%, 11/03/2027 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 24,598 | | | | 24,042 | | | | 24,431 | |
204932128.SRDLC, 32.39%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 14,449 | | | | 13,962 | | | | 14,239 | |
204938062.SRDLC, 24.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 5,404 | | | | 5,236 | | | | 5,219 | |
204938682.SRDLC, 22.99%, 11/07/2026 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 4,492 | | | | 4,353 | | | | 4,343 | |
204939156.SRDLC, 26.99%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 5,425 | | | | 5,255 | | | | 5,244 | |
204942340.SRDLC, 20.99%, 11/01/2026 (a)(p)(s) | | Lending Club | | | 11/3/2023 | | | | 6,756 | | | | 6,520 | | | | 1,516 | |
204945030.SRDLC, 23.99%, 11/02/2026 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 5,399 | | | | 5,232 | | | | 5,208 | |
204945531.SRDLC, 26.49%, 11/02/2028 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 23,914 | | | | 23,122 | | | | 23,154 | |
204948635.SRDLC, 17.49%, 11/02/2027 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 3,007 | | | | 2,911 | | | | 2,926 | |
204950541.SRDLC, 25.99%, 11/10/2026 (a)(p)(s) | | Lending Club | | | 11/6/2023 | | | | 2,372 | | | | 2,289 | | | | 562 | |
204950557.SRDLC, 8.24%, 11/10/2025 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 805 | | | | 789 | | | | 799 | |
204952867.SRDLC, 25.49%, 11/02/2026 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 3,157 | | | | 3,059 | | | | 3,044 | |
204953638.SRDLC, 10.24%, 11/02/2026 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 12,302 | | | | 12,038 | | | | 12,036 | |
204953934.SRDLC, 11.49%, 11/06/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 31,849 | | | | 31,110 | | | | 31,321 | |
204954055.SRDLC, 25.49%, 11/07/2028 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 19,124 | | | | 18,487 | | | | 18,561 | |
204954485.SRDLC, 21.49%, 11/15/2025 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 8,336 | | | | 8,104 | | | | 8,174 | |
204955900.SRDLC, 25.49%, 11/10/2025 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 10,938 | | | | 10,568 | | | | 10,735 | |
204956984.SRDLC, 26.49%, 11/12/2028 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 12,541 | | | | 12,124 | | | | 12,263 | |
204960040.SRDLC, 12.99%, 11/02/2025 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 3,855 | | | | 3,749 | | | | 3,799 | |
204961621.SRDLC, 10.74%, 11/02/2027 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 27,439 | | | | 26,821 | | | | 27,232 | |
204961977.SRDLC, 8.99%, 11/02/2026 (a)(p)(s) | | Lending Club | | | 11/6/2023 | | | | 12,963 | | | | 12,685 | | | | 12,778 | |
204962758.SRDLC, 13.24%, 11/02/2026 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 35,343 | | | | 34,579 | | | | 34,435 | |
204966727.SRDLC, 9.74%, 11/15/2027 (a)(p)(s) | | Lending Club | | | 11/6/2023 | | | | 16,497 | | | | 16,126 | | | | 16,385 | |
204966802.SRDLC, 32.39%, 11/03/2028 (a)(p)(s) | | Lending Club | | | 11/7/2023 | | | | 9,532 | | | | 9,212 | | | | 9,229 | |
204966953.SRDLC, 26.99%, 11/10/2027 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 11,329 | | | | 10,961 | | | | 11,042 | |
204967081.SRDLC, 25.99%, 12/20/2027 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 13,592 | | | | 13,150 | | | | 13,640 | |
204967306.SRDLC, 28.04%, 11/01/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 8,316 | | | | 8,056 | | | | 8,012 | |
204968495.SRDLC, 31.49%, 11/03/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 12,518 | | | | 12,098 | | | | 12,136 | |
204969277.SRDLC, 22.49%, 11/02/2026 (a)(p)(s) | | Lending Club | | | 11/6/2023 | | | | 9,398 | | | | 9,069 | | | | 2,098 | |
204970758.SRDLC, 14.24%, 11/14/2027 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 36,992 | | | | 36,153 | | | | 36,566 | |
204971844.SRDLC, 6.99%, 11/02/2026 (a)(s) | | Lending Club | | | 11/6/2023 | | | | 9,606 | | | | 9,401 | | | | 9,509 | |
204972743.SRDLC, 32.39%, 11/12/2028 (a)(p)(s) | | Lending Club | | | 11/7/2023 | | | | 4,826 | | | | 4,666 | | | | 4,682 | |
204973013.SRDLC, 32.39%, 11/10/2028 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 4,819 | | | | 4,657 | | | | 4,697 | |
204974371.SRDLC, 29.99%, 11/08/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 5,781 | | | | 5,588 | | | | 5,613 | |
204974638.SRDLC, 11.24%, 11/03/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 20,599 | | | | 20,122 | | | | 20,255 | |
204974910.SRDLC, 14.99%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 7,800 | | | | 7,562 | | | | 7,622 | |
204975619.SRDLC, 28.99%, 11/07/2025 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 12,541 | | | | 12,184 | | | | 12,253 | |
204976337.SRDLC, 27.49%, 11/07/2027 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 8,481 | | | | 8,205 | | | | 8,260 | |
204976977.SRDLC, 30.99%, 11/03/2026 (a)(p)(s) | | Lending Club | | | 11/7/2023 | | | | 4,536 | | | | 4,391 | | | | 4,368 | |
204978844.SRDLC, 20.49%, 11/17/2026 (a)(p)(s) | | Lending Club | | | 11/21/2023 | | | | 8,939 | | | | 8,663 | | | | 8,720 | |
204979097.SRDLC, 22.49%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 10,773 | | | | 10,440 | | | | 10,435 | |
204979163.SRDLC, 24.99%, 11/03/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 11,467 | | | | 11,086 | | | | 11,117 | |
204979393.SRDLC, 22.99%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 3,145 | | | | 3,047 | | | | 3,036 | |
204980470.SRDLC, 30.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 13,773 | | | | 13,341 | | | | 13,335 | |
204980743.SRDLC, 28.99%, 11/03/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 8,642 | | | | 8,353 | | | | 8,389 | |
204981046.SRDLC, 30.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 13,752 | | | | 13,320 | | | | 13,379 | |
204981093.SRDLC, 22.99%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 12,941 | | | | 12,542 | | | | 12,540 | |
204981896.SRDLC, 23.99%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 2,160 | | | | 2,093 | | | | 2,084 | |
204981988.SRDLC, 31.89%, 11/17/2027 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 4,788 | | | | 4,624 | | | | 4,714 | |
204982351.SRDLC, 32.39%, 11/03/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 24,097 | | | | 23,287 | | | | 23,350 | |
204982826.SRDLC, 31.89%, 11/03/2027 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 2,833 | | | | 2,740 | | | | 2,760 | |
204983341.SRDLC, 24.99%, 11/18/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 9,122 | | | | 8,828 | | | | 8,912 | |
204983615.SRDLC, 13.99%, 11/07/2028 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 19,730 | | | | 19,270 | | | | 19,304 | |
204983913.SRDLC, 24.99%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 8,653 | | | | 8,384 | | | | 8,348 | |
204984636.SRDLC, 23.49%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 2,877 | | | | 2,788 | | | | 2,787 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
82
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
204985247.SRDLC, 21.49%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | $ | 14,340 | | | $ | 13,898 | | | $ | 13,894 | |
204985862.SRDLC, 23.99%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 22,497 | | | | 21,800 | | | | 21,711 | |
204986421.SRDLC, 16.99%, 11/24/2028 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 18,692 | | | | 18,250 | | | | 18,263 | |
204987273.SRDLC, 25.99%, 11/03/2026 (a)(p)(s) | | Lending Club | | | 11/7/2023 | | | | 4,366 | | | | 4,213 | | | | 292 | |
204987832.SRDLC, 25.49%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 6,314 | | | | 6,118 | | | | 6,091 | |
204989755.SRDLC, 29.99%, 11/03/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 22,111 | | | | 21,370 | | | | 21,452 | |
204991156.SRDLC, 10.74%, 11/15/2028 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 12,210 | | | | 11,928 | | | | 12,034 | |
204992817.SRDLC, 27.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,357 | | | | 1,315 | | | | 1,310 | |
204993077.SRDLC, 15.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 20,422 | | | | 19,798 | | | | 19,962 | |
204993748.SRDLC, 18.99%, 11/03/2026 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 1,785 | | | | 1,730 | | | | 1,731 | |
204995091.SRDLC, 24.49%, 11/06/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 6,207 | | | | 6,001 | | | | 6,024 | |
204995972.SRDLC, 12.49%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 15,905 | | | | 15,559 | | | | 15,634 | |
204996180.SRDLC, 32.39%, 11/29/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 14,593 | | | | 14,114 | | | | 14,356 | |
204998015.SRDLC, 10.49%, 11/07/2027 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 25,598 | | | | 25,021 | | | | 25,418 | |
204998277.SRDLC, 11.49%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 22,482 | | | | 21,958 | | | | 22,126 | |
205000321.SRDLC, 24.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 2,163 | | | | 2,096 | | | | 2,089 | |
205002999.SRDLC, 23.49%, 10/25/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 16,430 | | | | 15,897 | | | | 16,390 | |
205003766.SRDLC, 27.49%, 11/16/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 11,368 | | | | 10,999 | | | | 11,095 | |
205004489.SRDLC, 30.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 4,093 | | | | 3,965 | | | | 3,946 | |
205005150.SRDLC, 30.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,091 | | | | 1,057 | | | | 1,052 | |
205005322.SRDLC, 20.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 4,318 | | | | 4,185 | | | | 4,190 | |
205005478.SRDLC, 26.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,355 | | | | 1,313 | | | | 1,308 | |
205005922.SRDLC, 30.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 4,548 | | | | 4,405 | | | | 4,384 | |
205007700.SRDLC, 22.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,348 | | | | 1,306 | | | | 1,302 | |
205007733.SRDLC, 14.24%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 7,081 | | | | 6,928 | | | | 6,888 | |
205007749.SRDLC, 28.99%, 11/06/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 6,020 | | | | 5,849 | | | | 5,877 | |
205008355.SRDLC, 15.00%, 07/21/2029 (a)(p)(s) | | Lending Club | | | 11/9/2023 | | | | 14,984 | | | | 14,465 | | | | 15,048 | |
205010193.SRDLC, 12.74%, 11/24/2028 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 14,080 | | | | 13,750 | | | | 13,849 | |
205011383.SRDLC, 29.99%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 9,424 | | | | 9,116 | | | | 9,173 | |
205018309.SRDLC, 28.99%, 11/01/2025 (a)(p)(s) | | Lending Club | | | 11/8/2023 | | | | 1,071 | | | | 1,033 | | | | 850 | |
205019303.SRDLC, 21.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 17,925 | | | | 17,372 | | | | 17,380 | |
205023542.SRDLC, 30.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 3,820 | | | | 3,700 | | | | 3,697 | |
205028471.SRDLC, 9.24%, 11/20/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 12,099 | | | | 11,858 | | | | 12,017 | |
205028504.SRDLC, 29.99%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 4,711 | | | | 4,556 | | | | 4,598 | |
205029516.SRDLC, 15.24%, 11/08/2028 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 22,619 | | | | 22,090 | | | | 22,011 | |
205030367.SRDLC, 28.49%, 11/06/2027 (a)(p)(s) | | Lending Club | | | 11/8/2023 | | | | 2,805 | | | | 2,715 | | | | 2,739 | |
205031804.SRDLC, 28.49%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 9,403 | | | | 9,096 | | | | 9,184 | |
205032341.SRDLC, 26.49%, 11/16/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 7,659 | | | | 7,403 | | | | 7,476 | |
205038192.SRDLC, 19.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 7,510 | | | | 7,279 | | | | 7,284 | |
205039537.SRDLC, 15.49%, 11/15/2027 (a)(s) | | Lending Club | | | 11/7/2023 | | | | 15,769 | | | | 15,411 | | | | 15,587 | |
205040182.SRDLC, 22.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,797 | | | | 1,741 | | | | 1,736 | |
205040207.SRDLC, 32.39%, 11/14/2028 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 9,639 | | | | 9,314 | | | | 9,410 | |
205040595.SRDLC, 26.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 22,604 | | | | 21,898 | | | | 21,816 | |
205041347.SRDLC, 22.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 2,156 | | | | 2,089 | | | | 2,083 | |
205041398.SRDLC, 32.39%, 11/20/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 10,170 | | | | 9,840 | | | | 9,903 | |
205044350.SRDLC, 21.49%, 11/13/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 2,701 | | | | 2,617 | | | | 2,639 | |
205044397.SRDLC, 16.99%, 11/06/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 819 | | | | 796 | | | | 807 | |
205046513.SRDLC, 17.99%, 11/06/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 5,904 | | | | 5,740 | | | | 5,821 | |
205051286.SRDLC, 22.99%, 11/06/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 2,482 | | | | 2,413 | | | | 2,439 | |
205051330.SRDLC, 24.99%, 11/01/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,654 | | | | 1,607 | | | | 1,620 | |
205052261.SRDLC, 28.99%, 11/13/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 11,595 | | | | 11,208 | | | | 11,337 | |
205053205.SRDLC, 32.39%, 11/06/2028 (a)(p)(s) | | Lending Club | | | 11/8/2023 | | | | 10,000 | | | | 9,650 | | | | 1,083 | |
205054208.SRDLC, 30.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 10,915 | | | | 10,572 | | | | 10,522 | |
205054697.SRDLC, 24.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 3,245 | | | | 3,144 | | | | 3,133 | |
205054967.SRDLC, 6.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 13,100 | | | | 12,818 | | | | 12,995 | |
205055970.SRDLC, 26.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 2,712 | | | | 2,628 | | | | 2,618 | |
205057799.SRDLC, 28.49%, 11/06/2027 (a)(p)(s) | | Lending Club | | | 11/8/2023 | | | | 24,715 | | | | 23,850 | | | | 3,232 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
83
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205057809.SRDLC, 15.99%, 11/07/2025 (a)(s) | | Lending Club | | | 11/9/2023 | | | $ | 3,677 | | | $ | 3,575 | | | $ | 3,627 | |
205059061.SRDLC, 31.89%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 6,611 | | | | 6,393 | | | | 6,523 | |
205059312.SRDLC, 19.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 10,192 | | | | 9,878 | | | | 9,886 | |
205059663.SRDLC, 24.49%, 11/06/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,244 | | | | 1,209 | | | | 1,223 | |
205059859.SRDLC, 8.24%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 21,010 | | | | 20,559 | | | | 20,714 | |
205063124.SRDLC, 30.99%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 3,302 | | | | 3,193 | | | | 3,221 | |
205063466.SRDLC, 10.00%, 05/08/2027 (a)(p)(s) | | Lending Club | | | 11/10/2023 | | | | 12,000 | | | | 11,603 | | | | 10,740 | |
205064784.SRDLC, 12.24%, 11/15/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 37,639 | | | | 36,764 | | | | 36,887 | |
205065431.SRDLC, 16.99%, 11/24/2028 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 13,608 | | | | 13,287 | | | | 13,301 | |
205065513.SRDLC, 29.99%, 11/09/2028 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 24,033 | | | | 23,227 | | | | 23,432 | |
205069017.SRDLC, 23.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 6,977 | | | | 6,760 | | | | 6,742 | |
205069321.SRDLC, 21.49%, 11/06/2026 (a)(p)(s) | | Lending Club | | | 11/8/2023 | | | | 8,946 | | | | 8,669 | | | | 8,673 | |
205069623.SRDLC, 25.99%, 11/07/2026 (a)(p)(s) | | Lending Club | | | 11/9/2023 | | | | 10,534 | | | | 10,166 | | | | 10,181 | |
205069689.SRDLC, 14.74%, 11/19/2028 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 23,661 | | | | 23,108 | | | | 23,177 | |
205070011.SRDLC, 14.50%, 11/09/2027 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 18,413 | | | | 17,993 | | | | 18,213 | |
205070051.SRDLC, 17.99%, 11/18/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 3,717 | | | | 3,614 | | | | 3,681 | |
205071027.SRDLC, 31.89%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 2,931 | | | | 2,835 | | | | 2,841 | |
205073163.SRDLC, 26.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 21,699 | | | | 21,020 | | | | 21,025 | |
205073559.SRDLC, 30.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 10,006 | | | | 9,691 | | | | 9,645 | |
205074337.SRDLC, 28.99%, 11/19/2028 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 8,737 | | | | 8,453 | | | | 8,524 | |
205074461.SRDLC, 32.39%, 11/04/2028 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 4,726 | | | | 4,567 | | | | 4,592 | |
205075482.SRDLC, 8.90%, 11/24/2026 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 30,677 | | | | 30,006 | | | | 30,362 | |
205075496.SRDLC, 24.49%, 11/21/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 11,852 | | | | 11,485 | | | | 11,515 | |
205075732.SRDLC, 23.99%, 11/07/2027 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 20,321 | | | | 19,665 | | | | 20,037 | |
205076877.SRDLC, 21.49%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 2,689 | | | | 2,606 | | | | 2,609 | |
205076889.SRDLC, 23.99%, 11/07/2026 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 900 | | | | 872 | | | | 870 | |
205077424.SRDLC, 13.37%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 3,535 | | | | 3,458 | | | | 3,464 | |
205077541.SRDLC, 25.99%, 11/07/2026 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 2,710 | | | | 2,619 | | | | 2,628 | |
205078112.SRDLC, 17.99%, 11/06/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,230 | | | | 1,196 | | | | 1,213 | |
205078405.SRDLC, 9.74%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 7,243 | | | | 7,087 | | | | 7,140 | |
205083237.SRDLC, 30.49%, 11/07/2028 (a)(p)(s) | | Lending Club | | | 11/9/2023 | | | | 10,740 | | | | 10,364 | | | | 1,768 | |
205083411.SRDLC, 22.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 9,875 | | | | 9,569 | | | | 9,572 | |
205085675.SRDLC, 31.89%, 11/21/2027 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 5,667 | | | | 5,479 | | | | 5,599 | |
205086200.SRDLC, 24.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 4,326 | | | | 4,192 | | | | 4,178 | |
205088340.SRDLC, 23.49%, 11/08/2027 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 4,482 | | | | 4,337 | | | | 4,429 | |
205088903.SRDLC, 22.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 8,977 | | | | 8,700 | | | | 8,702 | |
205090540.SRDLC, 30.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 9,096 | | | | 8,810 | | | | 8,769 | |
205090708.SRDLC, 14.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 8,100 | | | | 7,854 | | | | 7,980 | |
205090796.SRDLC, 30.99%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 7,277 | | | | 7,047 | | | | 7,038 | |
205091740.SRDLC, 32.39%, 11/14/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 4,818 | | | | 4,660 | | | | 4,677 | |
205091788.SRDLC, 27.49%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 3,756 | | | | 3,634 | | | | 3,670 | |
205092866.SRDLC, 21.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 3,229 | | | | 3,129 | | | | 3,131 | |
205095746.SRDLC, 23.49%, 11/06/2025 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 1,367 | | | | 1,328 | | | | 1,343 | |
205098102.SRDLC, 28.49%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 9,403 | | | | 9,096 | | | | 9,184 | |
205099689.SRDLC, 28.99%, 11/16/2025 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 12,541 | | | | 12,179 | | | | 12,338 | |
205100045.SRDLC, 15.24%, 11/22/2028 (a)(s) | | Lending Club | | | 11/27/2023 | | | | 15,080 | | | | 14,725 | | | | 14,737 | |
205101214.SRDLC, 22.74%, 11/13/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 31,595 | | | | 30,848 | | | | 30,555 | |
205101961.SRDLC, 11.99%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 5,730 | | | | 5,606 | | | | 5,608 | |
205102113.SRDLC, 21.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 11,770 | | | | 11,398 | | | | 11,469 | |
205102147.SRDLC, 23.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 8,992 | | | | 8,713 | | | | 8,687 | |
205102159.SRDLC, 28.49%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 3,625 | | | | 3,511 | | | | 3,511 | |
205103139.SRDLC, 32.39%, 11/06/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 19,278 | | | | 18,630 | | | | 18,698 | |
205107937.SRDLC, 29.99%, 11/06/2027 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 14,132 | | | | 13,669 | | | | 13,794 | |
205108899.SRDLC, 29.99%, 11/22/2027 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 4,537 | | | | 4,389 | | | | 4,477 | |
205109661.SRDLC, 31.99%, 11/24/2028 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 15,367 | | | | 14,867 | | | | 15,085 | |
205109946.SRDLC, 30.99%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 24,060 | | | | 23,252 | | | | 23,487 | |
205110486.SRDLC, 25.49%, 11/06/2026 (a)(s) | | Lending Club | | | 11/8/2023 | | | | 2,255 | | | | 2,185 | | | | 2,186 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
84
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205111949.SRDLC, 28.49%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | $ | 5,438 | | | $ | 5,266 | | | $ | 5,304 | |
205113789.SRDLC, 28.99%, 04/05/2026 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | | 3,229 | | | | 3,117 | | | | 3,051 | |
205114020.SRDLC, 26.62%, 11/07/2025 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 8,274 | | | | 8,039 | | | | 8,072 | |
205118685.SRDLC, 9.74%, 11/07/2026 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 13,168 | | | | 12,885 | | | | 12,983 | |
205120513.SRDLC, 30.54%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 8,485 | | | | 8,206 | | | | 8,368 | |
205121268.SRDLC, 23.99%, 11/12/2026 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 4,517 | | | | 4,377 | | | | 4,395 | |
205124368.SRDLC, 30.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 11,825 | | | | 11,452 | | | | 11,444 | |
205124398.SRDLC, 26.99%, 11/09/2026 (a)(p)(s) | | Lending Club | | | 11/13/2023 | | | | 2,150 | | | | 2,075 | | | | 233 | |
205124664.SRDLC, 25.49%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 2,706 | | | | 2,621 | | | | 2,624 | |
205129687.SRDLC, 31.89%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 1,606 | | | | 1,553 | | | | 1,575 | |
205130277.SRDLC, 26.49%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 8,131 | | | | 7,877 | | | | 7,869 | |
205130783.SRDLC, 21.99%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 901 | | | | 873 | | | | 879 | |
205132274.SRDLC, 15.49%, 11/24/2026 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 2,661 | | | | 2,602 | | | | 2,600 | |
205132565.SRDLC, 27.49%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 13,573 | | | | 13,147 | | | | 13,163 | |
205132600.SRDLC, 22.49%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 22,443 | | | | 21,744 | | | | 21,848 | |
205133678.SRDLC, 19.39%, 11/12/2028 (a)(p)(s) | | Lending Club | | | 11/10/2023 | | | | 11,536 | | | | 11,248 | | | | 5,323 | |
205134678.SRDLC, 25.49%, 11/07/2026 (a)(p)(s) | | Lending Club | | | 11/9/2023 | | | | 7,546 | | | | 7,282 | | | | 4,690 | |
205135167.SRDLC, 30.99%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/15/2023 | | | | 9,725 | | | | 9,385 | | | | 244 | |
205135627.SRDLC, 29.99%, 11/01/2027 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 23,415 | | | | 22,648 | | | | 22,851 | |
205135677.SRDLC, 18.99%, 11/23/2025 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 3,884 | | | | 3,775 | | | | 3,831 | |
205136231.SRDLC, 25.99%, 11/07/2026 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 3,611 | | | | 3,498 | | | | 3,488 | |
205136288.SRDLC, 23.99%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 900 | | | | 872 | | | | 870 | |
205137979.SRDLC, 31.89%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 3,306 | | | | 3,197 | | | | 3,243 | |
205138029.SRDLC, 32.39%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 14,458 | | | | 13,971 | | | | 14,127 | |
205138879.SRDLC, 30.99%, 11/14/2026 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 9,095 | | | | 8,807 | | | | 8,818 | |
205139741.SRDLC, 23.99%, 11/07/2027 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 4,111 | | | | 3,978 | | | | 4,059 | |
205141467.SRDLC, 8.24%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 12/4/2023 | | | | 6,128 | | | | 5,993 | | | | 6,067 | |
205141882.SRDLC, 28.49%, 11/07/2028 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 17,427 | | | | 16,832 | | | | 16,977 | |
205142999.SRDLC, 23.49%, 11/15/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 6,844 | | | | 6,631 | | | | 6,666 | |
205143579.SRDLC, 19.99%, 11/07/2028 (a)(s) | | Lending Club | | | 11/9/2023 | | | | 10,916 | | | | 10,555 | | | | 10,749 | |
205144882.SRDLC, 15.99%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 4,440 | | | | 4,303 | | | | 4,346 | |
205145072.SRDLC, 29.99%, 11/08/2028 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 17,304 | | | | 16,724 | | | | 16,832 | |
205145149.SRDLC, 24.99%, 11/08/2026 (a)(p)(s) | | Lending Club | | | 11/10/2023 | | | | 18,438 | | | | 17,795 | | | | 11,314 | |
205145255.SRDLC, 27.49%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 11,763 | | | | 11,395 | | | | 11,367 | |
205147581.SRDLC, 12.74%, 11/09/2028 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 10,346 | | | | 10,105 | | | | 10,132 | |
205149516.SRDLC, 30.99%, 11/23/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 13,858 | | | | 13,425 | | | | 13,450 | |
205149959.SRDLC, 30.99%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 13,644 | | | | 13,215 | | | | 13,172 | |
205151091.SRDLC, 26.49%, 11/08/2027 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 2,813 | | | | 2,721 | | | | 2,777 | |
205151244.SRDLC, 28.99%, 11/06/2025 (a)(p)(s) | | Lending Club | | | 11/13/2023 | | | | 15,470 | | | | 15,029 | | | | 15,089 | |
205152075.SRDLC, 30.99%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 4,310 | | | | 4,174 | | | | 4,160 | |
205152621.SRDLC, 26.49%, 11/20/2028 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 21,951 | | | | 21,235 | | | | 21,515 | |
205154048.SRDLC, 10.49%, 11/22/2025 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 29,259 | | | | 28,687 | | | | 28,940 | |
205154226.SRDLC, 29.99%, 11/20/2026 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 5,315 | | | | 5,129 | | | | 1,353 | |
205154276.SRDLC, 30.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 4,548 | | | | 4,404 | | | | 4,424 | |
205155057.SRDLC, 30.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 3,296 | | | | 3,192 | | | | 3,206 | |
205155668.SRDLC, 24.99%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 3,605 | | | | 3,493 | | | | 3,486 | |
205155797.SRDLC, 15.74%, 11/09/2028 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 10,375 | | | | 10,132 | | | | 10,086 | |
205155835.SRDLC, 19.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 2,682 | | | | 2,599 | | | | 2,617 | |
205155888.SRDLC, 28.99%, 11/05/2025 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 3,330 | | | | 3,235 | | | | 3,258 | |
205155959.SRDLC, 32.39%, 11/08/2028 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 19,278 | | | | 18,629 | | | | 18,729 | |
205157508.SRDLC, 27.49%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 5,429 | | | | 5,259 | | | | 5,261 | |
205157555.SRDLC, 25.99%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 5,416 | | | | 5,247 | | | | 5,235 | |
205160745.SRDLC, 28.99%, 11/15/2025 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 5,048 | | | | 4,904 | | | | 4,939 | |
205160770.SRDLC, 30.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 10,975 | | | | 10,629 | | | | 10,690 | |
205161386.SRDLC, 23.49%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 7,588 | | | | 7,352 | | | | 7,368 | |
205161970.SRDLC, 7.24%, 11/08/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 1,747 | | | | 1,710 | | | | 1,730 | |
205162124.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 3,547 | | | | 3,435 | | | | 3,454 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
85
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205162304.SRDLC, 26.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | $ | 4,558 | | | $ | 4,416 | | | $ | 4,424 | |
205162420.SRDLC, 20.99%, 11/15/2025 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 2,474 | | | | 2,403 | | | | 2,434 | |
205162512.SRDLC, 26.49%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 10,531 | | | | 10,179 | | | | 10,252 | |
205162949.SRDLC, 19.49%, 11/20/2025 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 2,900 | | | | 2,819 | | | | 2,852 | |
205163659.SRDLC, 19.49%, 11/10/2027 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 20,418 | | | | 19,948 | | | | 20,258 | |
205163859.SRDLC, 30.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 4,366 | | | | 4,228 | | | | 4,230 | |
205164406.SRDLC, 30.99%, 11/02/2026 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 3,529 | | | | 3,418 | | | | 3,392 | |
205164636.SRDLC, 21.49%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 7,170 | | | | 6,948 | | | | 6,970 | |
205165035.SRDLC, 12.99%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 19,500 | | | | 18,953 | | | | 19,325 | |
205165983.SRDLC, 18.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 4,298 | | | | 4,165 | | | | 4,202 | |
205166096.SRDLC, 30.49%, 11/09/2028 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 11,542 | | | | 11,153 | | | | 11,247 | |
205166955.SRDLC, 30.99%, 11/09/2027 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 4,315 | | | | 4,173 | | | | 4,215 | |
205167121.SRDLC, 11.24%, 11/19/2027 (a)(s) | | Lending Club | | | 11/10/2023 | | | | 29,409 | | | | 28,744 | | | | 29,215 | |
205167173.SRDLC, 8.24%, 11/15/2026 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 4,101 | | | | 4,011 | | | | 4,051 | |
205167571.SRDLC, 19.96%, 12/06/2027 (a)(s) | | Lending Club | | | 12/8/2023 | | | | 23,588 | | | | 23,037 | | | | 23,339 | |
205167873.SRDLC, 29.99%, 11/23/2028 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 7,793 | | | | 7,539 | | | | 7,624 | |
205169585.SRDLC, 21.49%, 11/17/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 12,523 | | | | 12,135 | | | | 12,176 | |
205170016.SRDLC, 16.99%, 11/20/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,046 | | | | 1,988 | | | | 2,026 | |
205170540.SRDLC, 25.49%, 11/09/2025 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 7,447 | | | | 7,233 | | | | 7,309 | |
205170608.SRDLC, 30.49%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 14,428 | | | | 13,943 | | | | 14,111 | |
205170737.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 9,620 | | | | 9,317 | | | | 9,367 | |
205170750.SRDLC, 21.49%, 11/19/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 8,833 | | | | 8,559 | | | | 8,663 | |
205171265.SRDLC, 27.49%, 11/13/2026 (a)(p)(s) | | Lending Club | | | 11/15/2023 | | | | 4,238 | | | | 4,090 | | | | 728 | |
205171503.SRDLC, 29.49%, 12/28/2027 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 4,130 | | | | 3,995 | | | | 4,155 | |
205172251.SRDLC, 26.49%, 11/09/2028 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 15,797 | | | | 15,269 | | | | 15,414 | |
205172569.SRDLC, 21.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 4,485 | | | | 4,346 | | | | 4,359 | |
205172601.SRDLC, 22.49%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 13,466 | | | | 13,047 | | | | 13,087 | |
205172635.SRDLC, 30.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 13,646 | | | | 13,216 | | | | 13,243 | |
205172819.SRDLC, 31.89%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 1,417 | | | | 1,370 | | | | 1,390 | |
205172850.SRDLC, 24.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 4,475 | | | | 4,336 | | | | 4,338 | |
205173487.SRDLC, 15.74%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 13,582 | | | | 13,264 | | | | 13,233 | |
205173600.SRDLC, 30.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 6,549 | | | | 6,343 | | | | 6,338 | |
205173930.SRDLC, 31.89%, 11/13/2027 (a)(p)(s) | | Lending Club | | | 11/15/2023 | | | | 4,798 | | | | 4,630 | | | | 3,025 | |
205174429.SRDLC, 31.99%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 13,970 | | | | 13,500 | | | | 13,630 | |
205174746.SRDLC, 30.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 13,644 | | | | 13,211 | | | | 13,271 | |
205174771.SRDLC, 21.49%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 1,781 | | | | 1,726 | | | | 1,733 | |
205174880.SRDLC, 27.99%, 11/18/2025 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 1,508 | | | | 1,463 | | | | 1,481 | |
205175236.SRDLC, 25.99%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 1,083 | | | | 1,049 | | | | 1,049 | |
205175555.SRDLC, 30.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 1,091 | | | | 1,057 | | | | 1,056 | |
205176022.SRDLC, 14.74%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 16,210 | | | | 15,839 | | | | 15,948 | |
205177570.SRDLC, 15.99%, 11/23/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 22,307 | | | | 21,621 | | | | 22,032 | |
205177880.SRDLC, 32.39%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 7,518 | | | | 7,265 | | | | 7,346 | |
205177928.SRDLC, 32.39%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 9,639 | | | | 9,314 | | | | 9,402 | |
205178421.SRDLC, 30.49%, 11/10/2028 (a)(p)(s) | | Lending Club | | | 11/14/2023 | | | | 6,771 | | | | 6,544 | | | | 6,604 | |
205178559.SRDLC, 31.49%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 2,699 | | | | 2,608 | | | | 2,631 | |
205178777.SRDLC, 6.99%, 11/01/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 7,846 | | | | 7,678 | | | | 7,767 | |
205178848.SRDLC, 17.99%, 11/06/2025 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 20,408 | | | | 19,835 | | | | 20,148 | |
205179450.SRDLC, 28.99%, 11/10/2025 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 2,926 | | | | 2,842 | | | | 2,867 | |
205179773.SRDLC, 19.99%, 11/16/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 6,265 | | | | 6,116 | | | | 6,075 | |
205180381.SRDLC, 26.99%, 11/10/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 2,712 | | | | 2,627 | | | | 2,628 | |
205180684.SRDLC, 10.24%, 11/24/2028 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 28,042 | | | | 27,387 | | | | 27,639 | |
205180725.SRDLC, 29.99%, 11/05/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 8,880 | | | | 8,588 | | | | 8,707 | |
205180772.SRDLC, 28.99%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 9,602 | | | | 9,280 | | | | 9,383 | |
205180888.SRDLC, 13.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 4,424 | | | | 4,288 | | | | 4,337 | |
205180990.SRDLC, 30.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 5,458 | | | | 5,285 | | | | 5,287 | |
205181324.SRDLC, 22.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 5,391 | | | | 5,223 | | | | 5,230 | |
205181325.SRDLC, 26.99%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 5,161 | | | | 4,992 | | | | 5,073 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
86
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205181449.SRDLC, 26.99%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | $ | 6,323 | | | $ | 6,111 | | | $ | 6,185 | |
205182162.SRDLC, 15.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 22,198 | | | | 21,516 | | | | 21,751 | |
205182458.SRDLC, 18.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 892 | | | | 865 | | | | 869 | |
205183205.SRDLC, 31.89%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 2,833 | | | | 2,740 | | | | 2,779 | |
205183206.SRDLC, 10.49%, 11/10/2028 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 16,393 | | | | 16,013 | | | | 16,138 | |
205183245.SRDLC, 32.39%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 11,567 | | | | 11,177 | | | | 11,283 | |
205183311.SRDLC, 26.99%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 13,110 | | | | 12,697 | | | | 12,757 | |
205185236.SRDLC, 26.49%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 23,935 | | | | 23,135 | | | | 23,300 | |
205186114.SRDLC, 13.74%, 11/09/2026 (a)(s) | | Lending Club | | | 11/13/2023 | | | | 17,142 | | | | 16,767 | | | | 16,858 | |
205186172.SRDLC, 23.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 900 | | | | 872 | | | | 873 | |
205186295.SRDLC, 27.99%, 11/13/2025 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 1,669 | | | | 1,621 | | | | 1,638 | |
205187121.SRDLC, 26.49%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 1,547 | | | | 1,495 | | | | 1,506 | |
205187159.SRDLC, 26.49%, 11/25/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 10,957 | | | | 10,615 | | | | 10,678 | |
205190152.SRDLC, 30.99%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 5,774 | | | | 5,580 | | | | 5,637 | |
205193379.SRDLC, 19.99%, 11/15/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 22,809 | | | | 22,054 | | | | 22,520 | |
205193486.SRDLC, 19.99%, 11/08/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 2,673 | | | | 2,591 | | | | 2,596 | |
205193746.SRDLC, 21.49%, 11/24/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 7,191 | | | | 6,966 | | | | 7,054 | |
205193963.SRDLC, 30.99%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 1,364 | | | | 1,321 | | | | 1,326 | |
205194309.SRDLC, 24.99%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 7,645 | | | | 7,390 | | | | 7,447 | |
205194317.SRDLC, 27.49%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 23,963 | | | | 23,162 | | | | 23,435 | |
205195334.SRDLC, 14.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 11,521 | | | | 11,168 | | | | 11,292 | |
205195383.SRDLC, 26.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 1,356 | | | | 1,314 | | | | 1,315 | |
205195617.SRDLC, 32.39%, 11/14/2028 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 13,494 | | | | 13,040 | | | | 13,174 | |
205195775.SRDLC, 29.99%, 11/15/2027 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 23,553 | | | | 22,780 | | | | 23,161 | |
205195966.SRDLC, 32.39%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 9,639 | | | | 9,314 | | | | 9,418 | |
205196087.SRDLC, 30.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 7,277 | | | | 7,047 | | | | 7,060 | |
205196994.SRDLC, 13.49%, 11/15/2026 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 8,804 | | | | 8,610 | | | | 8,622 | |
205198404.SRDLC, 9.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 16,715 | | | | 16,353 | | | | 16,522 | |
205198463.SRDLC, 23.99%, 11/15/2027 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 11,212 | | | | 10,847 | | | | 11,127 | |
205199460.SRDLC, 22.99%, 11/21/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 5,253 | | | | 5,083 | | | | 5,228 | |
205199490.SRDLC, 24.99%, 11/14/2026 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 10,816 | | | | 10,478 | | | | 10,494 | |
205199889.SRDLC, 18.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 5,355 | | | | 5,189 | | | | 5,218 | |
205199892.SRDLC, 28.49%, 11/15/2026 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | | 6,001 | | | | 5,791 | | | | 1,055 | |
205200050.SRDLC, 28.99%, 11/15/2025 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 5,017 | | | | 4,872 | | | | 4,927 | |
205200381.SRDLC, 32.39%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 18,314 | | | | 17,697 | | | | 17,865 | |
205200444.SRDLC, 32.39%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 5,783 | | | | 5,589 | | | | 5,641 | |
205200491.SRDLC, 28.99%, 11/14/2027 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 7,198 | | | | 6,962 | | | | 7,075 | |
205200591.SRDLC, 22.99%, 11/14/2026 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 2,156 | | | | 2,089 | | | | 2,093 | |
205201201.SRDLC, 23.99%, 11/26/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 8,127 | | | | 7,874 | | | | 7,971 | |
205201253.SRDLC, 32.39%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 14,458 | | | | 13,971 | | | | 14,171 | |
205201682.SRDLC, 12.99%, 11/14/2025 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 4,062 | | | | 3,949 | | | | 4,018 | |
205202871.SRDLC, 21.49%, 11/15/2026 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | | 18,308 | | | | 17,667 | | | | 18,001 | |
205202993.SRDLC, 32.39%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 5,783 | | | | 5,588 | | | | 5,651 | |
205203229.SRDLC, 27.49%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 12,610 | | | | 12,212 | | | | 12,233 | |
205203488.SRDLC, 26.49%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 7,502 | | | | 7,257 | | | | 7,428 | |
205203505.SRDLC, 24.49%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 7,481 | | | | 7,237 | | | | 7,413 | |
205203529.SRDLC, 28.49%, 11/14/2028 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 20,892 | | | | 20,195 | | | | 20,504 | |
205203557.SRDLC, 24.49%, 11/14/2028 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 20,054 | | | | 19,386 | | | | 19,552 | |
205203667.SRDLC, 24.99%, 11/14/2026 (a)(p)(s) | | Lending Club | | | 11/16/2023 | | | | 2,824 | | | | 2,726 | | | | 2,764 | |
205204147.SRDLC, 30.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 13,644 | | | | 13,213 | | | | 13,219 | |
205204746.SRDLC, 23.99%, 11/15/2026 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | | 10,767 | | | | 10,432 | | | | 10,455 | |
205205108.SRDLC, 30.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 13,644 | | | | 13,213 | | | | 13,237 | |
205205406.SRDLC, 24.99%, 11/19/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 10,852 | | | | 10,513 | | | | 10,581 | |
205205655.SRDLC, 7.24%, 11/27/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 23,668 | | | | 23,159 | | | | 23,480 | |
205205799.SRDLC, 30.99%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 9,096 | | | | 8,808 | | | | 8,841 | |
205206392.SRDLC, 30.99%, 11/15/2026 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | | 5,576 | | | | 5,401 | | | | 5,420 | |
205206435.SRDLC, 25.99%, 11/21/2027 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 9,839 | | | | 9,517 | | | | 9,783 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
87
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205207590.SRDLC, 30.99%, 11/22/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | $ | 2,838 | | | $ | 2,748 | | | $ | 2,775 | |
205208042.SRDLC, 14.74%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 14,618 | | | | 14,299 | | | | 14,234 | |
205208973.SRDLC, 27.99%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 3,169 | | | | 3,069 | | | | 3,083 | |
205209539.SRDLC, 30.99%, 11/18/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 6,568 | | | | 6,360 | | | | 6,403 | |
205210430.SRDLC, 30.99%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 9,624 | | | | 9,300 | | | | 9,410 | |
205211147.SRDLC, 30.99%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 5,003 | | | | 4,845 | | | | 4,854 | |
205211487.SRDLC, 22.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 1,352 | | | | 1,310 | | | | 1,323 | |
205211602.SRDLC, 22.49%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 4,848 | | | | 4,697 | | | | 4,719 | |
205212215.SRDLC, 10.74%, 11/19/2026 (a)(s) | | Lending Club | | | 11/14/2023 | | | | 19,411 | | | | 18,991 | | | | 19,090 | |
205212520.SRDLC, 32.39%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 4,819 | | | | 4,657 | | | | 4,709 | |
205213309.SRDLC, 30.99%, 11/28/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 1,106 | | | | 1,072 | | | | 1,079 | |
205213346.SRDLC, 28.99%, 11/15/2028 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | | 17,585 | | | | 16,969 | | | | 4,273 | |
205213415.SRDLC, 13.99%, 11/16/2025 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 8,139 | | | | 7,910 | | | | 8,057 | |
205213504.SRDLC, 24.49%, 11/13/2025 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 2,074 | | | | 2,032 | | | | 2,044 | |
205214572.SRDLC, 25.99%, 11/15/2027 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 11,245 | | | | 10,878 | | | | 11,151 | |
205214614.SRDLC, 32.39%, 11/16/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 4,964 | | | | 4,797 | | | | 4,861 | |
205214829.SRDLC, 21.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 22,425 | | | | 21,724 | | | | 21,869 | |
205215345.SRDLC, 30.99%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | | 9,700 | | | | 9,396 | | | | 9,476 | |
205216258.SRDLC, 14.24%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 7,967 | | | | 7,792 | | | | 7,767 | |
205216283.SRDLC, 20.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,149 | | | | 2,082 | | | | 2,098 | |
205216425.SRDLC, 32.39%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 14,447 | | | | 13,972 | | | | 14,115 | |
205216468.SRDLC, 30.49%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 12,504 | | | | 12,084 | | | | 12,229 | |
205216927.SRDLC, 28.99%, 11/16/2025 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 5,017 | | | | 4,871 | | | | 4,935 | |
205217188.SRDLC, 25.49%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/20/2023 | | | | 18,257 | | | | 17,668 | | | | 17,626 | |
205217319.SRDLC, 24.99%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 2,246 | | | | 2,176 | | | | 2,184 | |
205217769.SRDLC, 10.00%, 11/28/2026 (a)(s) | | Lending Club | | | 11/30/2023 | | | | 7,027 | | | | 6,872 | | | | 6,942 | |
205220327.SRDLC, 25.99%, 11/23/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 2,271 | | | | 2,199 | | | | 2,217 | |
205221095.SRDLC, 9.74%, 11/13/2026 (a)(p)(s) | | Lending Club | | | 11/15/2023 | | | | 6,927 | | | | 6,777 | | | | 6,901 | |
205222349.SRDLC, 32.39%, 11/07/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 14,323 | | | | 13,839 | | | | 14,009 | |
205223049.SRDLC, 12.49%, 12/07/2028 (a)(s) | | Lending Club | | | 11/30/2023 | | | | 37,909 | | | | 37,021 | | | | 37,011 | |
205224078.SRDLC, 30.99%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 508 | | | | 492 | | | | 497 | |
205224079.SRDLC, 8.24%, 11/22/2026 (a)(s) | | Lending Club | | | 11/27/2023 | | | | 35,016 | | | | 34,252 | | | | 34,583 | |
205224878.SRDLC, 25.99%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 18,741 | | | | 18,128 | | | | 18,629 | |
205225897.SRDLC, 13.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 22,071 | | | | 21,391 | | | | 21,691 | |
205225922.SRDLC, 31.89%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 4,722 | | | | 4,566 | | | | 4,654 | |
205226018.SRDLC, 10.99%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 25,621 | | | | 25,040 | | | | 25,453 | |
205226655.SRDLC, 14.49%, 12/05/2026 (a)(p)(s) | | Lending Club | | | 12/7/2023 | | | | 6,360 | | | | 6,219 | | | | 6,199 | |
205226666.SRDLC, 24.99%, 11/29/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 10,933 | | | | 10,592 | | | | 10,688 | |
205227125.SRDLC, 24.25%, 11/14/2028 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 12,888 | | | | 12,581 | | | | 12,428 | |
205227186.SRDLC, 14.24%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 4,593 | | | | 4,489 | | | | 4,541 | |
205227335.SRDLC, 31.89%, 11/21/2027 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 5,667 | | | | 5,479 | | | | 5,599 | |
205227451.SRDLC, 30.99%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 2,729 | | | | 2,642 | | | | 2,652 | |
205227726.SRDLC, 14.24%, 12/06/2026 (a)(s) | | Lending Club | | | 12/8/2023 | | | | 20,900 | | | | 20,433 | | | | 20,374 | |
205227887.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 5,458 | | | | 5,284 | | | | 5,314 | |
205228025.SRDLC, 27.99%, 11/16/2027 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 18,489 | | | | 17,869 | | | | 18,217 | |
205229467.SRDLC, 30.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 13,644 | | | | 13,211 | | | | 13,271 | |
205229904.SRDLC, 32.39%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 14,458 | | | | 13,971 | | | | 14,171 | |
205230127.SRDLC, 15.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 12,875 | | | | 12,477 | | | | 12,640 | |
205230663.SRDLC, 26.49%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 4,501 | | | | 4,354 | | | | 4,473 | |
205230930.SRDLC, 25.49%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 2,809 | | | | 2,717 | | | | 2,793 | |
205231184.SRDLC, 32.39%, 11/16/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 14,458 | | | | 13,971 | | | | 14,159 | |
205231552.SRDLC, 25.49%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 6,675 | | | | 6,465 | | | | 6,493 | |
205231608.SRDLC, 30.49%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 3,923 | | | | 3,792 | | | | 3,804 | |
205231621.SRDLC, 30.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 5,458 | | | | 5,285 | | | | 5,308 | |
205231841.SRDLC, 28.99%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 5,017 | | | | 4,871 | | | | 4,938 | |
205232110.SRDLC, 28.99%, 11/17/2028 (a)(p)(s) | | Lending Club | | | 11/21/2023 | | | | 9,386 | | | | 9,070 | | | | 9,223 | |
205232144.SRDLC, 27.99%, 11/16/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 19,267 | | | | 18,622 | | | | 18,909 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
88
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205232442.SRDLC, 19.49%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | $ | 10,719 | | | $ | 10,482 | | | $ | 10,389 | |
205232521.SRDLC, 18.99%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 2,136 | | | | 2,075 | | | | 2,105 | |
205232546.SRDLC, 25.99%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 8,762 | | | | 8,475 | | | | 8,709 | |
205232683.SRDLC, 23.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 6,299 | | | | 6,102 | | | | 6,135 | |
205232686.SRDLC, 32.39%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 9,639 | | | | 9,314 | | | | 9,447 | |
205232788.SRDLC, 15.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 8,879 | | | | 8,605 | | | | 8,717 | |
205232907.SRDLC, 22.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 6,469 | | | | 6,267 | | | | 6,296 | |
205233408.SRDLC, 30.49%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 6,733 | | | | 6,507 | | | | 6,605 | |
205233420.SRDLC, 29.28%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 5,807 | | | | 5,623 | | | | 5,651 | |
205233571.SRDLC, 22.49%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 16,369 | | | | 15,901 | | | | 16,124 | |
205234543.SRDLC, 23.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 4,321 | | | | 4,184 | | | | 4,220 | |
205235013.SRDLC, 32.39%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 10,603 | | | | 10,245 | | | | 10,392 | |
205235365.SRDLC, 15.00%, 04/26/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 14,566 | | | | 14,071 | | | | 12,911 | |
205235573.SRDLC, 23.99%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 11,213 | | | | 10,847 | | | | 11,154 | |
205235746.SRDLC, 8.24%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 14,006 | | | | 13,704 | | | | 13,818 | |
205235926.SRDLC, 21.49%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 2,793 | | | | 2,702 | | | | 2,779 | |
205236606.SRDLC, 17.99%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 6,555 | | | | 6,370 | | | | 6,486 | |
205237436.SRDLC, 23.99%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 8,289 | | | | 8,051 | | | | 8,196 | |
205237975.SRDLC, 18.99%, 11/25/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 2,971 | | | | 2,885 | | | | 2,937 | |
205238025.SRDLC, 26.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 22,604 | | | | 21,891 | | | | 22,032 | |
205238130.SRDLC, 8.24%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 10,505 | | | | 10,278 | | | | 10,364 | |
205238250.SRDLC, 30.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 4,548 | | | | 4,404 | | | | 4,424 | |
205238312.SRDLC, 26.49%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 11,362 | | | | 10,982 | | | | 11,093 | |
205238405.SRDLC, 28.62%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 10,152 | | | | 9,832 | | | | 9,876 | |
205239311.SRDLC, 10.99%, 12/15/2028 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 15,710 | | | | 15,341 | | | | 15,515 | |
205239755.SRDLC, 12.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 8,832 | | | | 8,639 | | | | 8,654 | |
205239922.SRDLC, 24.99%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 6,490 | | | | 6,286 | | | | 6,313 | |
205239978.SRDLC, 27.49%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 6,761 | | | | 6,539 | | | | 6,675 | |
205240259.SRDLC, 24.49%, 11/28/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 24,077 | | | | 23,276 | | | | 23,651 | |
205240343.SRDLC, 7.24%, 11/01/2026 (a)(p)(s) | | Lending Club | | | 11/15/2023 | | | | 8,808 | | | | 8,618 | | | | 8,769 | |
205240488.SRDLC, 23.49%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 14,388 | | | | 13,937 | | | | 14,055 | |
205240681.SRDLC, 27.49%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 14,378 | | | | 13,896 | | | | 14,127 | |
205240957.SRDLC, 12.74%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 17,656 | | | | 17,270 | | | | 17,300 | |
205240998.SRDLC, 21.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 8,963 | | | | 8,683 | | | | 8,748 | |
205241226.SRDLC, 25.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 13,531 | | | | 13,105 | | | | 13,172 | |
205241486.SRDLC, 26.49%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 4,787 | | | | 4,627 | | | | 4,679 | |
205242223.SRDLC, 27.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 11,310 | | | | 10,954 | | | | 11,023 | |
205243385.SRDLC, 27.99%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 7,047 | | | | 6,816 | | | | 6,964 | |
205243406.SRDLC, 32.39%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 14,458 | | | | 13,969 | | | | 14,184 | |
205243766.SRDLC, 21.49%, 11/13/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 9,469 | | | | 9,245 | | | | 9,126 | |
205243791.SRDLC, 24.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 5,404 | | | | 5,234 | | | | 5,262 | |
205244002.SRDLC, 24.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 22,515 | | | | 21,809 | | | | 21,924 | |
205244092.SRDLC, 14.99%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 17,814 | | | | 17,265 | | | | 17,665 | |
205244165.SRDLC, 29.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 12,706 | | | | 12,304 | | | | 12,410 | |
205244167.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 13,644 | | | | 13,211 | | | | 13,284 | |
205244345.SRDLC, 28.99%, 11/25/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 840 | | | | 815 | | | | 828 | |
205244754.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 13,644 | | | | 13,211 | | | | 13,284 | |
205245190.SRDLC, 21.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 10,764 | | | | 10,427 | | | | 10,504 | |
205245422.SRDLC, 24.99%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 6,068 | | | | 5,865 | | | | 5,935 | |
205245476.SRDLC, 32.39%, 11/30/2028 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 19,476 | | | | 18,838 | | | | 19,231 | |
205246160.SRDLC, 27.99%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 13,155 | | | | 12,722 | | | | 12,999 | |
205246312.SRDLC, 19.49%, 11/10/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 17,637 | | | | 17,134 | | | | 17,371 | |
205246713.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 9,096 | | | | 8,806 | | | | 8,859 | |
205247186.SRDLC, 31.89%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,833 | | | | 2,739 | | | | 2,795 | |
205247435.SRDLC, 24.99%, 11/20/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,076 | | | | 2,016 | | | | 2,054 | |
205247561.SRDLC, 11.74%, 11/30/2027 (a)(p)(s) | | Lending Club | | | 12/4/2023 | | | | 9,163 | | | | 8,952 | | | | 9,117 | |
205247816.SRDLC, 28.49%, 11/15/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 16,718 | | | | 16,157 | | | | 16,422 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
89
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205247919.SRDLC, 30.99%, 11/22/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | $ | 9,115 | | | $ | 8,826 | | | $ | 8,902 | |
205248219.SRDLC, 19.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 10,728 | | | | 10,394 | | | | 10,475 | |
205248583.SRDLC, 25.49%, 11/20/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,078 | | | | 2,018 | | | | 2,055 | |
205249328.SRDLC, 23.99%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 7,446 | | | | 7,203 | | | | 7,409 | |
205249648.SRDLC, 13.62%, 11/21/2026 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 8,753 | | | | 8,561 | | | | 8,620 | |
205250406.SRDLC, 27.49%, 12/02/2026 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 13,317 | | | | 12,889 | | | | 12,762 | |
205250490.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 5,911 | | | | 5,723 | | | | 5,755 | |
205251222.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 12,280 | | | | 11,890 | | | | 11,956 | |
205251399.SRDLC, 12.99%, 11/13/2026 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 5,299 | | | | 5,184 | | | | 5,192 | |
205252140.SRDLC, 26.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,712 | | | | 2,627 | | | | 2,644 | |
205252251.SRDLC, 31.89%, 11/20/2027 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 2,952 | | | | 2,849 | | | | 2,943 | |
205252938.SRDLC, 20.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 4,474 | | | | 4,334 | | | | 4,368 | |
205253102.SRDLC, 13.49%, 11/13/2027 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 22,976 | | | | 22,453 | | | | 22,828 | |
205253628.SRDLC, 29.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 3,086 | | | | 2,988 | | | | 3,006 | |
205254198.SRDLC, 10.84%, 11/17/2028 (a)(s) | | Lending Club | | | 11/15/2023 | | | | 18,739 | | | | 18,303 | | | | 18,484 | |
205254709.SRDLC, 30.99%, 11/28/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,275 | | | | 2,203 | | | | 2,234 | |
205255417.SRDLC, 8.24%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 16,586 | | | | 16,226 | | | | 16,374 | |
205256540.SRDLC, 29.99%, 11/21/2028 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 6,604 | | | | 6,383 | | | | 6,496 | |
205257162.SRDLC, 21.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 6,722 | | | | 6,512 | | | | 6,561 | |
205257303.SRDLC, 7.24%, 11/06/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 9,611 | | | | 9,404 | | | | 9,516 | |
205257304.SRDLC, 12.74%, 11/14/2028 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 29,522 | | | | 28,833 | | | | 28,981 | |
205258457.SRDLC, 25.99%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 17,222 | | | | 16,646 | | | | 16,837 | |
205259433.SRDLC, 21.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 4,033 | | | | 3,907 | | | | 3,936 | |
205259674.SRDLC, 13.74%, 12/20/2028 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 24,492 | | | | 23,915 | | | | 24,062 | |
205260412.SRDLC, 31.99%, 11/20/2028 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 24,279 | | | | 23,461 | | | | 23,837 | |
205262018.SRDLC, 30.99%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 5,507 | | | | 5,333 | | | | 5,393 | |
205262511.SRDLC, 32.39%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 4,819 | | | | 4,657 | | | | 4,728 | |
205262908.SRDLC, 32.39%, 11/10/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 19,077 | | | | 18,433 | | | | 18,689 | |
205265601.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 6,618 | | | | 6,407 | | | | 6,443 | |
205265680.SRDLC, 26.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 3,255 | | | | 3,152 | | | | 3,173 | |
205266047.SRDLC, 10.00%, 05/20/2027 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 5,770 | | | | 5,570 | | | | 5,316 | |
205266365.SRDLC, 10.49%, 11/27/2028 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 11,222 | | | | 10,959 | | | | 11,062 | |
205266680.SRDLC, 32.39%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 13,425 | | | | 12,972 | | | | 13,167 | |
205267276.SRDLC, 15.00%, 05/20/2029 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 14,684 | | | | 14,175 | | | | 14,905 | |
205268879.SRDLC, 14.49%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 17,711 | | | | 17,322 | | | | 17,297 | |
205269803.SRDLC, 24.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 9,006 | | | | 8,723 | | | | 8,770 | |
205270159.SRDLC, 8.24%, 11/17/2026 (a)(s) | | Lending Club | | | 11/16/2023 | | | | 35,044 | | | | 34,287 | | | | 34,649 | |
205270750.SRDLC, 27.99%, 11/28/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 14,906 | | | | 14,406 | | | | 14,751 | |
205271117.SRDLC, 30.99%, 11/28/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 10,992 | | | | 10,644 | | | | 10,792 | |
205271374.SRDLC, 17.24%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 37,815 | | | | 36,925 | | | | 36,857 | |
205271826.SRDLC, 30.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 5,458 | | | | 5,284 | | | | 5,314 | |
205273890.SRDLC, 7.24%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 15,727 | | | | 15,388 | | | | 15,578 | |
205276547.SRDLC, 24.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 9,013 | | | | 8,730 | | | | 8,775 | |
205277304.SRDLC, 19.49%, 11/20/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 3,770 | | | | 3,647 | | | | 3,708 | |
205277977.SRDLC, 27.49%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 11,502 | | | | 11,117 | | | | 11,312 | |
205279335.SRDLC, 13.24%, 12/05/2027 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 6,539 | | | | 6,388 | | | | 6,491 | |
205279563.SRDLC, 27.49%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 6,761 | | | | 6,539 | | | | 6,682 | |
205280151.SRDLC, 24.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 1,814 | | | | 1,757 | | | | 1,769 | |
205280438.SRDLC, 12.74%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 10,593 | | | | 10,361 | | | | 10,390 | |
205282222.SRDLC, 30.49%, 11/20/2028 (a)(p)(s) | | Lending Club | | | 11/22/2023 | | | | 24,633 | | | | 23,786 | | | | 24,329 | |
205283754.SRDLC, 7.17%, 11/21/2026 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 34,944 | | | | 34,185 | | | | 34,681 | |
205283846.SRDLC, 7.24%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 13,106 | | | | 12,822 | | | | 12,983 | |
205283960.SRDLC, 31.89%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,267 | | | | 2,192 | | | | 2,236 | |
205286184.SRDLC, 9.99%, 11/16/2027 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 16,898 | | | | 16,514 | | | | 16,790 | |
205287163.SRDLC, 13.74%, 11/15/2026 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 8,844 | | | | 8,650 | | | | 8,668 | |
205287954.SRDLC, 11.74%, 11/16/2027 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 2,749 | | | | 2,686 | | | | 2,731 | |
205288618.SRDLC, 23.99%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 10,799 | | | | 10,460 | | | | 10,517 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
90
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205291372.SRDLC, 14.24%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/17/2023 | | | $ | 14,259 | | | $ | 13,947 | | | $ | 13,994 | |
205291655.SRDLC, 15.25%, 12/06/2028 (a)(s) | | Lending Club | | | 12/8/2023 | | | | 24,811 | | | | 24,224 | | | | 24,426 | |
205292713.SRDLC, 8.24%, 11/07/2026 (a)(s) | | Lending Club | | | 11/27/2023 | | | | 10,462 | | | | 10,234 | | | | 10,331 | |
205293278.SRDLC, 23.99%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 7,475 | | | | 7,231 | | | | 7,442 | |
205294153.SRDLC, 17.99%, 11/10/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 815 | | | | 792 | | | | 806 | |
205294440.SRDLC, 31.89%, 11/21/2027 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 3,636 | | | | 3,516 | | | | 3,593 | |
205295371.SRDLC, 13.86%, 11/16/2026 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 7,041 | | | | 6,887 | | | | 6,904 | |
205295666.SRDLC, 25.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 10,824 | | | | 10,484 | | | | 10,537 | |
205297517.SRDLC, 25.99%, 11/21/2027 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 18,746 | | | | 18,122 | | | | 18,636 | |
205298282.SRDLC, 11.49%, 11/15/2028 (a)(s) | | Lending Club | | | 11/17/2023 | | | | 8,431 | | | | 8,234 | | | | 8,230 | |
205298970.SRDLC, 8.24%, 11/17/2026 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 26,262 | | | | 25,692 | | | | 25,923 | |
205299099.SRDLC, 30.99%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/24/2023 | | | | 13,761 | | | | 13,282 | | | | 13,515 | |
205299614.SRDLC, 9.24%, 12/10/2027 (a)(s) | | Lending Club | | | 12/8/2023 | | | | 23,276 | | | | 22,742 | | | | 23,137 | |
205300582.SRDLC, 19.99%, 11/21/2026 (a)(p)(s) | | Lending Club | | | 11/24/2023 | | | | 14,380 | | | | 13,877 | | | | 2,419 | |
205303754.SRDLC, 27.49%, 11/21/2026 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 3,167 | | | | 3,067 | | | | 3,090 | |
205307127.SRDLC, 12.00%, 11/28/2028 (a)(s) | | Lending Club | | | 11/20/2023 | | | | 25,426 | | | | 24,833 | | | | 24,942 | |
205312683.SRDLC, 11.49%, 11/17/2028 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 13,489 | | | | 13,174 | | | | 13,284 | |
205313312.SRDLC, 13.74%, 11/30/2026 (a)(p)(s) | | Lending Club | | | 11/21/2023 | | | | 14,233 | | | | 13,921 | | | | 14,045 | |
205314809.SRDLC, 32.39%, 11/21/2028 (a)(p)(s) | | Lending Club | | | 11/24/2023 | | | | 14,684 | | | | 14,170 | | | | 3,697 | |
205316746.SRDLC, 13.24%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 13,695 | | | | 13,395 | | | | 13,400 | |
205318257.SRDLC, 12.50%, 11/25/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 18,802 | | | | 18,362 | | | | 18,530 | |
205318350.SRDLC, 7.24%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 12,232 | | | | 11,967 | | | | 12,119 | |
205319081.SRDLC, 10.99%, 11/21/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 20,121 | | | | 19,652 | | | | 19,819 | |
205320235.SRDLC, 8.24%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 8,050 | | | | 7,890 | | | | 7,990 | |
205323519.SRDLC, 12.99%, 11/17/2027 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 16,529 | | | | 16,151 | | | | 16,427 | |
205323745.SRDLC, 11.95%, 11/20/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 12,162 | | | | 11,919 | | | | 12,026 | |
205323944.SRDLC, 12.49%, 11/17/2025 (a)(s) | | Lending Club | | | 11/21/2023 | | | | 5,682 | | | | 5,568 | | | | 5,617 | |
205329888.SRDLC, 12.24%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 21,167 | | | | 20,703 | | | | 20,841 | |
205331137.SRDLC, 14.24%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 20,702 | | | | 20,216 | | | | 20,210 | |
205334315.SRDLC, 6.99%, 11/21/2026 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 6,688 | | | | 6,543 | | | | 6,631 | |
205335607.SRDLC, 9.99%, 11/20/2028 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 23,358 | | | | 22,814 | | | | 23,008 | |
205335681.SRDLC, 9.74%, 11/20/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 2,826 | | | | 2,769 | | | | 2,795 | |
205336896.SRDLC, 12.70%, 11/20/2027 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 27,534 | | | | 26,905 | | | | 27,369 | |
205337613.SRDLC, 14.95%, 11/21/2025 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 1,957 | | | | 1,917 | | | | 1,931 | |
205339703.SRDLC, 14.24%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 17,703 | | | | 17,314 | | | | 17,298 | |
205340294.SRDLC, 16.24%, 11/27/2028 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 29,140 | | | | 28,448 | | | | 28,490 | |
205341522.SRDLC, 12.62%, 11/21/2026 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 4,413 | | | | 4,316 | | | | 4,346 | |
205342124.SRDLC, 9.24%, 11/20/2025 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 8,872 | | | | 8,696 | | | | 8,807 | |
205342531.SRDLC, 10.49%, 11/21/2026 (a)(s) | | Lending Club | | | 11/24/2023 | | | | 17,582 | | | | 17,198 | | | | 17,258 | |
205343264.SRDLC, 12.49%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 26,466 | | | | 25,887 | | | | 25,967 | |
205345601.SRDLC, 12.49%, 11/26/2028 (a)(s) | | Lending Club | | | 11/27/2023 | | | | 19,850 | | | | 19,384 | | | | 19,506 | |
205347416.SRDLC, 6.89%, 11/20/2026 (a)(s) | | Lending Club | | | 11/22/2023 | | | | 17,463 | | | | 17,085 | | | | 17,329 | |
205348634.SRDLC, 16.99%, 11/22/2028 (a)(s) | | Lending Club | | | 11/27/2023 | | | | 15,593 | | | | 15,225 | | | | 15,236 | |
205357709.SRDLC, 14.49%, 12/18/2028 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 28,601 | | | | 27,922 | | | | 28,001 | |
205362417.SRDLC, 8.24%, 12/05/2025 (a)(s) | | Lending Club | | | 12/14/2023 | | | | 16,120 | | | | 15,788 | | | | 16,001 | |
205363009.SRDLC, 13.24%, 12/15/2026 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 10,907 | | | | 10,663 | | | | 10,742 | |
205368104.SRDLC, 12.99%, 12/05/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 4,989 | | | | 4,878 | | | | 4,894 | |
205377076.SRDLC, 13.12%, 12/05/2026 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 18,227 | | | | 17,826 | | | | 17,923 | |
205377136.SRDLC, 19.49%, 11/22/2027 (a)(s) | | Lending Club | | | 11/27/2023 | | | | 10,116 | | | | 9,882 | | | | 10,078 | |
205379996.SRDLC, 14.49%, 11/24/2028 (a)(p)(s) | | Lending Club | | | 11/28/2023 | | | | 26,694 | | | | 26,066 | | | | 26,192 | |
205380459.SRDLC, 14.39%, 12/18/2028 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 19,065 | | | | 18,612 | | | | 18,761 | |
205385821.SRDLC, 9.99%, 11/27/2027 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 16,441 | | | | 16,066 | | | | 16,345 | |
205388924.SRDLC, 11.74%, 11/27/2028 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 33,268 | | | | 32,489 | | | | 32,551 | |
205389121.SRDLC, 16.74%, 12/05/2028 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 7,887 | | | | 7,700 | | | | 7,694 | |
205392450.SRDLC, 9.71%, 11/27/2027 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 15,064 | | | | 14,720 | | | | 14,981 | |
205393439.SRDLC, 12.74%, 11/27/2025 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 4,060 | | | | 3,978 | | | | 4,018 | |
205394581.SRDLC, 13.99%, 11/24/2026 (a)(s) | | Lending Club | | | 11/28/2023 | | | | 22,119 | | | | 21,631 | | | | 21,653 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
91
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205395360.SRDLC, 13.25%, 11/27/2027 (a)(s) | | Lending Club | | | 11/29/2023 | | | $ | 18,373 | | | $ | 17,951 | | | $ | 18,151 | |
205397038.SRDLC, 12.99%, 11/27/2026 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 3,356 | | | | 3,282 | | | | 3,297 | |
205397045.SRDLC, 8.34%, 11/16/2028 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 33,355 | | | | 32,578 | | | | 32,843 | |
205403601.SRDLC, 9.63%, 11/27/2026 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 21,062 | | | | 20,600 | | | | 20,694 | |
205403668.SRDLC, 20.49%, 11/27/2028 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 18,990 | | | | 18,541 | | | | 18,399 | |
205404187.SRDLC, 10.76%, 11/27/2028 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 23,919 | | | | 23,360 | | | | 23,593 | |
205410103.SRDLC, 9.74%, 11/27/2027 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 14,608 | | | | 14,274 | | | | 14,522 | |
205412694.SRDLC, 7.57%, 11/28/2027 (a)(s) | | Lending Club | | | 11/30/2023 | | | | 26,371 | | | | 25,771 | | | | 26,220 | |
205418643.SRDLC, 12.49%, 12/05/2026 (a)(s) | | Lending Club | | | 11/29/2023 | | | | 18,185 | | | | 17,784 | | | | 17,885 | |
205423483.SRDLC, 10.49%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 5,422 | | | | 5,300 | | | | 5,364 | |
205426809.SRDLC, 13.49%, 11/28/2027 (a)(s) | | Lending Club | | | 11/30/2023 | | | | 13,786 | | | | 13,469 | | | | 13,714 | |
205426852.SRDLC, 10.99%, 12/20/2028 (a)(s) | | Lending Club | | | 12/19/2023 | | | | 33,269 | | | | 32,484 | | | | 32,897 | |
205435903.SRDLC, 15.24%, 11/28/2028 (a)(s) | | Lending Club | | | 11/30/2023 | | | | 8,812 | | | | 8,604 | | | | 8,620 | |
205438003.SRDLC, 9.74%, 11/29/2026 (a)(s) | | Lending Club | | | 12/1/2023 | | | | 21,947 | | | | 21,464 | | | | 21,684 | |
205440773.SRDLC, 8.24%, 12/23/2026 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 13,083 | | | | 12,794 | | | | 12,949 | |
205440955.SRDLC, 8.99%, 12/06/2026 (a)(s) | | Lending Club | | | 11/30/2023 | | | | 9,037 | | | | 8,839 | | | | 8,936 | |
205451696.SRDLC, 11.49%, 12/18/2028 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 7,610 | | | | 7,431 | | | | 7,487 | |
205453871.SRDLC, 8.24%, 11/29/2026 (a)(p)(s) | | Lending Club | | | 12/1/2023 | | | | 5,975 | | | | 5,844 | | | | 5,915 | |
205456765.SRDLC, 8.24%, 11/29/2025 (a)(s) | | Lending Club | | | 12/1/2023 | | | | 4,025 | | | | 3,944 | | | | 3,998 | |
205459769.SRDLC, 7.17%, 11/29/2026 (a)(s) | | Lending Club | | | 12/1/2023 | | | | 9,143 | | | | 8,943 | | | | 9,062 | |
205466653.SRDLC, 28.49%, 12/20/2026 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 9,259 | | | | 8,917 | | | | 8,711 | |
205468854.SRDLC, 10.24%, 12/06/2026 (a)(s) | | Lending Club | | | 12/8/2023 | | | | 14,454 | | | | 14,134 | | | | 14,187 | |
205469820.SRDLC, 17.50%, 11/29/2027 (a)(s) | | Lending Club | | | 12/1/2023 | | | | 9,242 | | | | 9,028 | | | | 9,159 | |
205469919.SRDLC, 15.49%, 12/10/2028 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 22,868 | | | | 22,327 | | | | 22,411 | |
205477027.SRDLC, 9.63%, 11/29/2026 (a)(s) | | Lending Club | | | 12/1/2023 | | | | 14,043 | | | | 13,735 | | | | 13,852 | |
205480377.SRDLC, 12.74%, 12/11/2026 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 13,601 | | | | 13,297 | | | | 13,358 | |
205482003.SRDLC, 10.99%, 12/07/2027 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 12,055 | | | | 11,776 | | | | 11,974 | |
205489217.SRDLC, 14.49%, 11/29/2028 (a)(s) | | Lending Club | | | 12/1/2023 | | | | 22,428 | | | | 21,899 | | | | 21,945 | |
205495061.SRDLC, 9.61%, 12/05/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 36,101 | | | | 35,303 | | | | 35,724 | |
205512566.SRDLC, 16.99%, 11/30/2028 (a)(p)(s) | | Lending Club | | | 12/4/2023 | | | | 15,026 | | | | 14,670 | | | | 14,763 | |
205520029.SRDLC, 10.49%, 12/11/2028 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 28,450 | | | | 27,781 | | | | 28,047 | |
205522893.SRDLC, 6.91%, 12/13/2026 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 17,976 | | | | 17,578 | | | | 17,826 | |
205525021.SRDLC, 19.49%, 12/05/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 11,899 | | | | 11,632 | | | | 11,519 | |
205527127.SRDLC, 15.49%, 12/05/2028 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 19,091 | | | | 18,640 | | | | 18,626 | |
205527978.SRDLC, 15.74%, 12/05/2027 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 4,692 | | | | 4,583 | | | | 4,615 | |
205529100.SRDLC, 11.49%, 12/26/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 23,741 | | | | 23,177 | | | | 23,442 | |
205533806.SRDLC, 15.74%, 12/05/2028 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 36,285 | | | | 35,426 | | | | 35,362 | |
205539761.SRDLC, 13.99%, 12/10/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 2,731 | | | | 2,670 | | | | 2,680 | |
205540498.SRDLC, 10.26%, 12/15/2028 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 30,372 | | | | 29,658 | | | | 30,026 | |
205545146.SRDLC, 19.49%, 12/07/2026 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 9,153 | | | | 8,947 | | | | 8,875 | |
205545462.SRDLC, 8.24%, 12/15/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 31,605 | | | | 30,908 | | | | 31,282 | |
205546389.SRDLC, 10.24%, 12/15/2027 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 31,677 | | | | 30,950 | | | | 31,478 | |
205550138.SRDLC, 6.82%, 12/05/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 19,782 | | | | 19,347 | | | | 19,642 | |
205559006.SRDLC, 13.21%, 12/06/2026 (a)(s) | | Lending Club | | | 12/8/2023 | | | | 9,073 | | | | 8,871 | | | | 8,898 | |
205563622.SRDLC, 9.13%, 12/05/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 1,804 | | | | 1,764 | | | | 1,785 | |
205564070.SRDLC, 13.49%, 12/22/2027 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 5,614 | | | | 5,483 | | | | 5,551 | |
205564336.SRDLC, 8.24%, 12/11/2026 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 34,872 | | | | 34,099 | | | | 34,474 | |
205564462.SRDLC, 14.99%, 12/07/2026 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 27,289 | | | | 26,678 | | | | 26,662 | |
205569148.SRDLC, 6.89%, 12/14/2026 (a)(s) | | Lending Club | | | 12/18/2023 | | | | 14,381 | | | | 14,061 | | | | 14,263 | |
205569647.SRDLC, 9.74%, 12/18/2026 (a)(p)(s) | | Lending Club | | | 12/20/2023 | | | | 20,403 | | | | 19,946 | | | | 20,216 | |
205570111.SRDLC, 13.99%, 12/05/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 9,084 | | | | 8,881 | | | | 8,911 | |
205570754.SRDLC, 11.26%, 12/13/2028 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 24,683 | | | | 24,100 | | | | 24,395 | |
205571274.SRDLC, 14.49%, 12/06/2025 (a)(s) | | Lending Club | | | 12/8/2023 | | | | 23,875 | | | | 23,382 | | | | 23,496 | |
205572033.SRDLC, 12.20%, 12/05/2025 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 11,046 | | | | 10,820 | | | | 10,912 | |
205578669.SRDLC, 12.99%, 12/08/2028 (a)(s) | | Lending Club | | | 12/12/2023 | | | | 25,691 | | | | 25,085 | | | | 25,140 | |
205578732.SRDLC, 10.50%, 12/05/2026 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 13,104 | | | | 12,814 | | | | 12,859 | |
205579914.SRDLC, 16.74%, 12/19/2028 (a)(s) | | Lending Club | | | 12/21/2023 | | | | 19,121 | | | | 18,665 | | | | 18,720 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
92
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205582212.SRDLC, 16.74%, 12/12/2028 (a)(s) | | Lending Club | | | 12/7/2023 | | | $ | 11,454 | | | $ | 11,183 | | | $ | 11,348 | |
205584481.SRDLC, 9.74%, 12/06/2026 (a)(s) | | Lending Club | | | 12/8/2023 | | | | 2,708 | | | | 2,648 | | | | 2,674 | |
205585266.SRDLC, 10.24%, 12/05/2027 (a)(s) | | Lending Club | | | 12/7/2023 | | | | 24,215 | | | | 23,659 | | | | 24,045 | |
205586282.SRDLC, 8.24%, 12/20/2026 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 18,013 | | | | 17,610 | | | | 17,812 | |
205593414.SRDLC, 10.74%, 12/07/2028 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 18,979 | | | | 18,533 | | | | 18,749 | |
205593755.SRDLC, 11.99%, 12/21/2028 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 21,856 | | | | 21,338 | | | | 21,448 | |
205594260.SRDLC, 12.74%, 12/07/2026 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 9,974 | | | | 9,751 | | | | 9,791 | |
205595511.SRDLC, 15.99%, 12/12/2028 (a)(s) | | Lending Club | | | 12/14/2023 | | | | 20,213 | | | | 19,708 | | | | 19,921 | |
205599754.SRDLC, 7.57%, 12/07/2027 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 37,108 | | | | 36,258 | | | | 36,868 | |
205602301.SRDLC, 17.24%, 12/07/2028 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 28,698 | | | | 28,017 | | | | 28,019 | |
205602776.SRDLC, 9.99%, 12/15/2027 (a)(s) | | Lending Club | | | 12/11/2023 | | | | 7,466 | | | | 7,295 | | | | 7,421 | |
205610040.SRDLC, 9.74%, 12/08/2026 (a)(s) | | Lending Club | | | 12/12/2023 | | | | 3,611 | | | | 3,531 | | | | 3,567 | |
205615348.SRDLC, 15.24%, 12/08/2028 (a)(s) | | Lending Club | | | 12/12/2023 | | | | 38,171 | | | | 37,266 | | | | 37,287 | |
205616275.SRDLC, 11.01%, 12/15/2028 (a)(s) | | Lending Club | | | 12/19/2023 | | | | 18,980 | | | | 18,532 | | | | 18,767 | |
205618379.SRDLC, 11.24%, 12/12/2027 (a)(s) | | Lending Club | | | 12/14/2023 | | | | 27,980 | | | | 27,334 | | | | 27,801 | |
205627622.SRDLC, 8.24%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 7,205 | | | | 7,043 | | | | 7,129 | |
205630353.SRDLC, 10.26%, 12/11/2028 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 14,340 | | | | 14,002 | | | | 14,141 | |
205630689.SRDLC, 20.99%, 12/11/2028 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 17,294 | | | | 16,880 | | | | 16,794 | |
205633187.SRDLC, 9.74%, 12/11/2026 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 9,027 | | | | 8,826 | | | | 8,918 | |
205633414.SRDLC, 7.24%, 12/08/2026 (a)(s) | | Lending Club | | | 12/12/2023 | | | | 5,845 | | | | 5,716 | | | | 5,795 | |
205633598.SRDLC, 10.49%, 12/14/2027 (a)(s) | | Lending Club | | | 12/18/2023 | | | | 37,267 | | | | 36,405 | | | | 37,034 | |
205640907.SRDLC, 11.49%, 12/11/2027 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 29,390 | | | | 28,711 | | | | 29,198 | |
205647245.SRDLC, 13.24%, 12/11/2026 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 5,898 | | | | 5,766 | | | | 5,764 | |
205648007.SRDLC, 13.99%, 12/21/2027 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 9,362 | | | | 9,144 | | | | 9,311 | |
205649098.SRDLC, 11.09%, 01/03/2027 (a)(p)(s) | | Lending Club | | | 12/28/2023 | | | | 22,339 | | | | 21,834 | | | | 22,143 | |
205654400.SRDLC, 12.00%, 12/17/2028 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 25,694 | | | | 25,087 | | | | 25,294 | |
205658074.SRDLC, 17.74%, 12/11/2027 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 9,409 | | | | 9,189 | | | | 9,302 | |
205660331.SRDLC, 9.74%, 12/20/2027 (a)(p)(s) | | Lending Club | | | 12/22/2023 | | | | 18,669 | | | | 18,229 | | | | 18,548 | |
205685408.SRDLC, 14.24%, 12/20/2027 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 14,048 | | | | 13,721 | | | | 13,916 | |
205686700.SRDLC, 15.49%, 12/26/2027 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 13,134 | | | | 12,826 | | | | 12,992 | |
205686889.SRDLC, 9.74%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 27,081 | | | | 26,469 | | | | 26,808 | |
205687455.SRDLC, 20.23%, 12/20/2028 (a)(s) | | Lending Club | | | 12/13/2023 | | | | 9,651 | | | | 9,421 | | | | 9,408 | |
205689835.SRDLC, 19.49%, 12/12/2026 (a)(s) | | Lending Club | | | 12/14/2023 | | | | 21,968 | | | | 21,471 | | | | 21,334 | |
205692531.SRDLC, 14.24%, 12/19/2027 (a)(s) | | Lending Club | | | 12/14/2023 | | | | 33,819 | | | | 33,035 | | | | 33,510 | |
205694550.SRDLC, 8.49%, 12/13/2026 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 9,911 | | | | 9,691 | | | | 9,794 | |
205698369.SRDLC, 13.74%, 12/21/2027 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 11,231 | | | | 10,969 | | | | 11,170 | |
205702987.SRDLC, 15.99%, 12/28/2028 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 14,912 | | | | 14,559 | | | | 14,663 | |
205704646.SRDLC, 9.99%, 12/13/2026 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 21,756 | | | | 21,272 | | | | 21,546 | |
205708881.SRDLC, 9.74%, 12/13/2026 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 9,027 | | | | 8,826 | | | | 8,920 | |
205709874.SRDLC, 10.26%, 12/13/2028 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 10,618 | | | | 10,368 | | | | 10,495 | |
205710942.SRDLC, 13.99%, 12/20/2026 (a)(p)(s) | | Lending Club | | | 12/18/2023 | | | | 3,149 | | | | 3,079 | | | | 3,080 | |
205712618.SRDLC, 6.23%, 12/20/2025 (a)(s) | | Lending Club | | | 12/15/2023 | | | | 11,381 | | | | 11,148 | | | | 11,331 | |
205718182.SRDLC, 7.17%, 12/14/2026 (a)(s) | | Lending Club | | | 12/18/2023 | | | | 13,488 | | | | 13,188 | | | | 13,399 | |
205729747.SRDLC, 10.24%, 12/08/2026 (a)(s) | | Lending Club | | | 12/19/2023 | | | | 18,027 | | | | 17,624 | | | | 17,723 | |
205733468.SRDLC, 7.00%, 12/14/2026 (a)(s) | | Lending Club | | | 12/18/2023 | | | | 8,989 | | | | 8,790 | | | | 8,916 | |
205738721.SRDLC, 9.99%, 12/15/2026 (a)(s) | | Lending Club | | | 12/19/2023 | | | | 14,449 | | | | 14,126 | | | | 14,282 | |
205742195.SRDLC, 11.26%, 12/20/2028 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 28,480 | | | | 27,806 | | | | 28,169 | |
205743917.SRDLC, 6.91%, 12/21/2026 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 11,692 | | | | 11,432 | | | | 11,617 | |
205746711.SRDLC, 14.11%, 12/15/2026 (a)(s) | | Lending Club | | | 12/19/2023 | | | | 3,634 | | | | 3,552 | | | | 3,553 | |
205747984.SRDLC, 11.09%, 12/18/2028 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 28,473 | | | | 27,801 | | | | 28,091 | |
205756558.SRDLC, 10.24%, 12/18/2027 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 9,313 | | | | 9,098 | | | | 9,262 | |
205758327.SRDLC, 7.24%, 12/18/2026 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 13,489 | | | | 13,189 | | | | 13,380 | |
205759479.SRDLC, 9.74%, 12/19/2028 (a)(s) | | Lending Club | | | 12/21/2023 | | | | 30,836 | | | | 30,109 | | | | 30,428 | |
205759846.SRDLC, 15.24%, 12/18/2028 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 13,360 | | | | 13,042 | | | | 13,078 | |
205760641.SRDLC, 10.49%, 12/18/2027 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 37,267 | | | | 36,404 | | | | 37,039 | |
205762892.SRDLC, 7.41%, 12/19/2026 (a)(s) | | Lending Club | | | 12/21/2023 | | | | 20,718 | | | | 20,256 | | | | 20,585 | |
205769194.SRDLC, 13.49%, 12/21/2027 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 9,356 | | | | 9,138 | | | | 9,250 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
93
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205779717.SRDLC, 9.99%, 12/18/2025 (a)(s) | | Lending Club | | | 12/20/2023 | | | $ | 3,641 | | | $ | 3,565 | | | $ | 3,604 | |
205781049.SRDLC, 11.74%, 12/18/2028 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 15,199 | | | | 14,840 | | | | 14,900 | |
205782335.SRDLC, 25.99%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 2,769 | | | | 2,667 | | | | 2,614 | |
205782534.SRDLC, 10.49%, 12/18/2026 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 22,593 | | | | 22,087 | | | | 22,222 | |
205786273.SRDLC, 14.95%, 12/18/2027 (a)(s) | | Lending Club | | | 12/20/2023 | | | | 1,125 | | | | 1,099 | | | | 1,114 | |
205786549.SRDLC, 8.99%, 12/26/2025 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 13,127 | | | | 12,850 | | | | 13,043 | |
205789836.SRDLC, 22.49%, 12/25/2026 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 11,063 | | | | 10,658 | | | | 10,518 | |
205790694.SRDLC, 22.49%, 12/28/2026 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 4,620 | | | | 4,450 | | | | 4,397 | |
205790767.SRDLC, 13.99%, 12/20/2026 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 10,900 | | | | 10,654 | | | | 10,722 | |
205792655.SRDLC, 32.39%, 12/21/2028 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 13,115 | | | | 12,605 | | | | 12,401 | |
205794055.SRDLC, 15.99%, 12/21/2026 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 18,219 | | | | 17,556 | | | | 17,331 | |
205794864.SRDLC, 27.49%, 12/20/2026 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 7,398 | | | | 7,125 | | | | 6,963 | |
205795551.SRDLC, 16.74%, 12/22/2028 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 11,472 | | | | 11,198 | | | | 11,248 | |
205795932.SRDLC, 14.11%, 12/19/2026 (a)(s) | | Lending Club | | | 12/21/2023 | | | | 9,085 | | | | 8,880 | | | | 8,889 | |
205796359.SRDLC, 8.24%, 12/20/2025 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 12,668 | | | | 12,404 | | | | 12,581 | |
205796742.SRDLC, 27.49%, 12/28/2028 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 12,654 | | | | 12,165 | | | | 12,052 | |
205797129.SRDLC, 15.74%, 12/21/2028 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 19,097 | | | | 18,642 | | | | 18,732 | |
205799041.SRDLC, 20.49%, 12/20/2025 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 5,591 | | | | 5,401 | | | | 5,328 | |
205799728.SRDLC, 24.99%, 12/20/2026 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 1,383 | | | | 1,332 | | | | 1,302 | |
205800320.SRDLC, 30.99%, 01/11/2029 (a)(s) | | Lending Club | | | 1/16/2024 | | | | 9,780 | | | | 9,398 | | | | 9,118 | |
205800726.SRDLC, 10.49%, 12/21/2028 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 35,088 | | | | 34,258 | | | | 34,640 | |
205801149.SRDLC, 16.99%, 12/19/2028 (a)(s) | | Lending Club | | | 12/21/2023 | | | | 30,575 | | | | 29,847 | | | | 29,932 | |
205803537.SRDLC, 15.50%, 12/19/2028 (a)(s) | | Lending Club | | | 12/21/2023 | | | | 38,183 | | | | 37,275 | | | | 37,547 | |
205807964.SRDLC, 31.49%, 12/20/2028 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 24,269 | | | | 23,327 | | | | 22,896 | |
205810883.SRDLC, 10.49%, 12/15/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 11,341 | | | | 11,072 | | | | 11,197 | |
205822350.SRDLC, 11.24%, 12/26/2027 (a)(s) | | Lending Club | | | 12/22/2023 | | | | 24,296 | | | | 23,732 | | | | 24,193 | |
205823042.SRDLC, 10.49%, 12/26/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 11,380 | | | | 11,110 | | | | 11,237 | |
205824159.SRDLC, 7.00%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 10,787 | | | | 10,545 | | | | 10,705 | |
205824591.SRDLC, 13.24%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 18,147 | | | | 17,736 | | | | 17,790 | |
205825442.SRDLC, 26.99%, 12/21/2026 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 7,393 | | | | 7,120 | | | | 6,973 | |
205827522.SRDLC, 20.74%, 12/26/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 19,210 | | | | 18,749 | | | | 18,774 | |
205829459.SRDLC, 22.49%, 12/25/2026 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 10,130 | | | | 9,758 | | | | 9,632 | |
205829476.SRDLC, 7.24%, 12/22/2026 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 14,838 | | | | 14,505 | | | | 14,723 | |
205829650.SRDLC, 28.99%, 12/22/2025 (a)(p)(s) | | Lending Club | | | 12/27/2023 | | | | 1,402 | | | | 1,354 | | | | 1,366 | |
205829874.SRDLC, 26.49%, 12/27/2026 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 21,442 | | | | 20,651 | | | | 20,284 | |
205830413.SRDLC, 27.49%, 12/21/2028 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 10,641 | | | | 10,228 | | | | 10,099 | |
205831219.SRDLC, 8.24%, 12/10/2026 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 23,405 | | | | 22,880 | | | | 23,184 | |
205831307.SRDLC, 8.24%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 13,512 | | | | 13,208 | | | | 13,398 | |
205831428.SRDLC, 10.99%, 12/21/2025 (a)(s) | | Lending Club | | | 12/26/2023 | | | | 6,107 | | | | 5,901 | | | | 5,859 | |
205834561.SRDLC, 32.39%, 12/28/2028 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 5,829 | | | | 5,602 | | | | 5,542 | |
205837733.SRDLC, 14.74%, 12/22/2026 (a)(p)(s) | | Lending Club | | | 12/27/2023 | | | | 6,609 | | | | 6,444 | | | | 6,529 | |
205837984.SRDLC, 7.99%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 10,804 | | | | 10,560 | | | | 10,695 | |
205839530.SRDLC, 15.74%, 12/22/2028 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 7,612 | | | | 7,430 | | | | 7,464 | |
205840739.SRDLC, 26.49%, 12/26/2025 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 7,664 | | | | 7,398 | | | | 7,326 | |
205841081.SRDLC, 14.25%, 12/26/2028 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 33,415 | | | | 32,620 | | | | 32,914 | |
205844883.SRDLC, 6.99%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 35,957 | | | | 35,148 | | | | 35,695 | |
205845842.SRDLC, 14.74%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 9,093 | | | | 8,886 | | | | 8,925 | |
205847386.SRDLC, 10.99%, 12/26/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 12,337 | | | | 12,044 | | | | 12,182 | |
205847462.SRDLC, 21.99%, 12/22/2026 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 1,102 | | | | 1,062 | | | | 1,042 | |
205848381.SRDLC, 24.49%, 12/22/2026 (a)(s) | | Lending Club | | | 12/27/2023 | | | | 18,426 | | | | 17,748 | | | | 17,384 | |
205850651.SRDLC, 16.00%, 12/26/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 31,330 | | | | 30,581 | | | | 30,861 | |
205852724.SRDLC, 10.49%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 24,401 | | | | 23,850 | | | | 24,139 | |
205852854.SRDLC, 15.74%, 01/05/2029 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 24,238 | | | | 23,659 | | | | 23,832 | |
205853914.SRDLC, 28.99%, 12/26/2025 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 1,045 | | | | 1,008 | | | | 996 | |
205858271.SRDLC, 9.74%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 9,298 | | | | 9,088 | | | | 9,199 | |
205858890.SRDLC, 15.74%, 12/19/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 19,319 | | | | 18,858 | | | | 18,946 | |
205860298.SRDLC, 14.24%, 12/26/2025 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 852 | | | | 834 | | | | 842 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
94
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
205860843.SRDLC, 10.99%, 12/26/2027 (a)(s) | | Lending Club | | | 12/28/2023 | | | $ | 17,412 | | | $ | 17,006 | | | $ | 17,326 | |
205871140.SRDLC, 25.99%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 16,615 | | | | 16,001 | | | | 15,683 | |
205872283.SRDLC, 7.24%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 8,993 | | | | 8,791 | | | | 8,924 | |
205872318.SRDLC, 27.49%, 12/28/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 4,168 | | | | 4,014 | | | | 3,956 | |
205873132.SRDLC, 13.74%, 12/27/2027 (a)(s) | | Lending Club | | | 12/29/2023 | | | | 22,930 | | | | 22,394 | | | | 22,814 | |
205873690.SRDLC, 10.76%, 12/28/2028 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 25,022 | | | | 24,427 | | | | 24,783 | |
205876557.SRDLC, 10.49%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 9,037 | | | | 8,833 | | | | 8,910 | |
205877937.SRDLC, 10.24%, 12/26/2026 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 20,778 | | | | 20,309 | | | | 20,466 | |
205879390.SRDLC, 32.39%, 12/26/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 19,430 | | | | 18,674 | | | | 18,407 | |
205879798.SRDLC, 21.24%, 12/26/2028 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 13,430 | | | | 13,108 | | | | 13,124 | |
205882910.SRDLC, 24.99%, 12/26/2027 (a)(s) | | Lending Club | | | 12/28/2023 | | | | 6,644 | | | | 6,391 | | | | 6,375 | |
205885466.SRDLC, 32.39%, 12/28/2028 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 14,572 | | | | 14,005 | | | | 13,856 | |
205886423.SRDLC, 26.99%, 01/02/2027 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 5,191 | | | | 4,998 | | | | 4,817 | |
205893354.SRDLC, 17.24%, 12/28/2028 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 9,566 | | | | 9,337 | | | | 9,395 | |
205893356.SRDLC, 27.49%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 8,323 | | | | 8,014 | | | | 7,885 | |
205894295.SRDLC, 14.24%, 12/28/2027 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 22,477 | | | | 21,950 | | | | 22,309 | |
205896149.SRDLC, 25.49%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 9,225 | | | | 8,883 | | | | 8,729 | |
205896306.SRDLC, 14.50%, 12/28/2028 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 20,974 | | | | 20,474 | | | | 20,692 | |
205896899.SRDLC, 14.49%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 2,727 | | | | 2,665 | | | | 2,677 | |
205900577.SRDLC, 14.24%, 12/28/2026 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 21,771 | | | | 21,275 | | | | 21,368 | |
205900664.SRDLC, 14.49%, 12/28/2028 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 14,301 | | | | 13,959 | | | | 14,048 | |
205904905.SRDLC, 22.49%, 12/28/2025 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 4,313 | | | | 4,164 | | | | 4,122 | |
205905269.SRDLC, 28.49%, 01/10/2029 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 16,520 | | | | 15,893 | | | | 15,563 | |
205907525.SRDLC, 15.74%, 01/07/2027 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 7,760 | | | | 7,583 | | | | 7,587 | |
205907659.SRDLC, 18.49%, 12/28/2025 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 8,921 | | | | 8,613 | | | | 8,557 | |
205911522.SRDLC, 15.99%, 01/10/2027 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 14,368 | | | | 13,843 | | | | 13,723 | |
205912284.SRDLC, 12.49%, 12/16/2025 (a)(s) | | Lending Club | | | 1/2/2024 | | | | 4,398 | | | | 4,304 | | | | 4,359 | |
205912903.SRDLC, 28.99%, 12/29/2025 (a)(s) | | Lending Club | | | 1/3/2024 | | | | 10,445 | | | | 10,080 | | | | 9,993 | |
205920066.SRDLC, 32.39%, 01/02/2029 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 14,684 | | | | 14,111 | | | | 13,562 | |
205921450.SRDLC, 23.99%, 01/02/2028 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 20,561 | | | | 19,779 | | | | 19,307 | |
205922697.SRDLC, 25.49%, 12/29/2025 (a)(s) | | Lending Club | | | 1/3/2024 | | | | 3,465 | | | | 3,344 | | | | 3,325 | |
205925000.SRDLC, 14.99%, 01/02/2027 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 18,739 | | | | 18,008 | | | | 17,794 | |
205928552.SRDLC, 31.89%, 01/10/2028 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 14,629 | | | | 14,070 | | | | 13,632 | |
205929815.SRDLC, 7.24%, 12/29/2026 (a)(s) | | Lending Club | | | 1/3/2024 | | | | 12,590 | | | | 12,306 | | | | 12,499 | |
205937979.SRDLC, 28.99%, 01/02/2026 (a)(p)(s) | | Lending Club | | | 1/4/2024 | | | | 2,240 | | | | 2,162 | | | | 2,099 | |
205948541.SRDLC, 23.99%, 01/02/2027 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 5,647 | | | | 5,438 | | | | 5,258 | |
205950302.SRDLC, 27.99%, 01/02/2028 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 14,469 | | | | 13,916 | | | | 13,439 | |
205956116.SRDLC, 32.39%, 01/02/2029 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 24,475 | | | | 23,522 | | | | 22,660 | |
205961512.SRDLC, 22.49%, 01/02/2028 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 14,403 | | | | 13,855 | | | | 13,629 | |
205968238.SRDLC, 24.99%, 01/02/2027 (a)(s) | | Lending Club | | | 1/4/2024 | | | | 14,130 | | | | 13,607 | | | | 13,155 | |
206065555.SRDLC, 24.24%, 02/08/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 9,613 | | | | 9,385 | | | | 9,353 | |
206066173.SRDLC, 28.99%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 11,816 | | | | 11,353 | | | | 10,999 | |
206148168.SRDLC, 32.39%, 02/14/2029 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 10,552 | | | | 10,136 | | | | 9,878 | |
206164400.SRDLC, 10.74%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 11,429 | | | | 11,161 | | | | 11,295 | |
206174764.SRDLC, 23.49%, 02/02/2027 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 10,089 | | | | 9,707 | | | | 9,458 | |
206189053.SRDLC, 27.39%, 02/02/2026 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 5,615 | | | | 5,410 | | | | 5,303 | |
206241383.SRDLC, 9.24%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 19,028 | | | | 18,581 | | | | 18,865 | |
206243225.SRDLC, 32.39%, 02/17/2029 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 7,998 | | | | 7,694 | | | | 7,620 | |
206247231.SRDLC, 30.99%, 02/07/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 4,826 | | | | 4,642 | | | | 4,512 | |
206251105.SRDLC, 29.99%, 02/06/2028 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 14,666 | | | | 14,096 | | | | 13,724 | |
206257499.SRDLC, 27.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 6,646 | | | | 6,393 | | | | 6,272 | |
206259826.SRDLC, 29.49%, 02/16/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 8,762 | | | | 8,430 | | | | 8,254 | |
206273035.SRDLC, 13.49%, 02/09/2028 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 15,491 | | | | 15,119 | | | | 15,400 | |
206290598.SRDLC, 26.49%, 02/02/2029 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 8,114 | | | | 7,797 | | | | 7,608 | |
206302600.SRDLC, 30.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 1,496 | | | | 1,439 | | | | 1,397 | |
206305187.SRDLC, 19.99%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 7,806 | | | | 7,511 | | | | 7,399 | |
206307743.SRDLC, 24.49%, 02/08/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 18,865 | | | | 18,126 | | | | 17,755 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
95
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206310285.SRDLC, 28.49%, 02/02/2027 (a)(s) | | Lending Club | | | 2/6/2024 | | | $ | 10,602 | | | $ | 10,199 | | | $ | 9,895 | |
206321574.SRDLC, 9.99%, 02/05/2028 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 3,477 | | | | 3,394 | | | | 3,455 | |
206322505.SRDLC, 15.49%, 02/07/2028 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 8,725 | | | | 8,390 | | | | 8,278 | |
206329395.SRDLC, 19.49%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 2,792 | | | | 2,690 | | | | 2,652 | |
206340202.SRDLC, 28.99%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 5,152 | | | | 4,964 | | | | 4,850 | |
206340288.SRDLC, 20.74%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 4,535 | | | | 4,424 | | | | 4,453 | |
206341755.SRDLC, 25.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 13,858 | | | | 13,332 | | | | 12,995 | |
206344696.SRDLC, 32.39%, 02/12/2029 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 6,410 | | | | 6,158 | | | | 5,992 | |
206346413.SRDLC, 23.99%, 02/07/2027 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 10,185 | | | | 9,799 | | | | 9,670 | |
206350290.SRDLC, 31.89%, 01/25/2028 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 3,733 | | | | 3,588 | | | | 3,552 | |
206365532.SRDLC, 21.99%, 02/05/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 1,402 | | | | 1,351 | | | | 1,337 | |
206371891.SRDLC, 28.49%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 14,457 | | | | 13,907 | | | | 13,506 | |
206373201.SRDLC, 32.39%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 5,917 | | | | 5,684 | | | | 5,501 | |
206377902.SRDLC, 32.39%, 02/12/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 13,806 | | | | 13,263 | | | | 12,901 | |
206379163.SRDLC, 11.26%, 02/15/2029 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 38,996 | | | | 38,050 | | | | 38,713 | |
206380636.SRDLC, 12.50%, 02/14/2029 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 26,930 | | | | 26,277 | | | | 26,598 | |
206382999.SRDLC, 27.49%, 01/22/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 12,553 | | | | 12,061 | | | | 11,835 | |
206385009.SRDLC, 32.39%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 14,792 | | | | 14,211 | | | | 13,754 | |
206385223.SRDLC, 32.39%, 02/07/2029 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 14,792 | | | | 14,211 | | | | 13,775 | |
206385770.SRDLC, 11.76%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 34,133 | | | | 33,309 | | | | 33,788 | |
206387712.SRDLC, 20.99%, 02/07/2029 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 21,576 | | | | 20,735 | | | | 20,448 | |
206391882.SRDLC, 11.74%, 02/15/2027 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 24,893 | | | | 24,313 | | | | 24,682 | |
206408277.SRDLC, 19.49%, 02/16/2026 (a)(s) | | Lending Club | | | 2/21/2024 | | | | 2,140 | | | | 2,062 | | | | 2,038 | |
206415213.SRDLC, 14.99%, 02/28/2027 (a)(s) | | Lending Club | | | 2/21/2024 | | | | 17,267 | | | | 16,606 | | | | 16,466 | |
206427377.SRDLC, 22.99%, 02/17/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 3,763 | | | | 3,627 | | | | 3,586 | |
206433124.SRDLC, 13.99%, 02/15/2027 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 19,094 | | | | 18,371 | | | | 18,193 | |
206433173.SRDLC, 7.24%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 36,098 | | | | 35,254 | | | | 35,867 | |
206437605.SRDLC, 22.49%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 14,403 | | | | 13,859 | | | | 13,580 | |
206438545.SRDLC, 10.74%, 02/08/2028 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 4,058 | | | | 3,961 | | | | 4,035 | |
206439955.SRDLC, 25.99%, 02/20/2028 (a)(p)(s) | | Lending Club | | | 2/7/2024 | | | | 12,627 | | | | 12,138 | | | | 11,922 | |
206447086.SRDLC, 9.75%, 02/02/2027 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 9,993 | | | | 9,761 | | | | 9,900 | |
206447651.SRDLC, 27.99%, 02/02/2028 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 5,372 | | | | 5,164 | | | | 5,021 | |
206452090.SRDLC, 13.99%, 02/12/2029 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 9,767 | | | | 9,530 | | | | 9,630 | |
206452456.SRDLC, 23.49%, 02/02/2027 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 7,953 | | | | 7,653 | | | | 7,517 | |
206452894.SRDLC, 25.49%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 19,169 | | | | 18,419 | | | | 18,002 | |
206454884.SRDLC, 19.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 11,504 | | | | 11,069 | | | | 10,856 | |
206455836.SRDLC, 26.49%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 5,901 | | | | 5,670 | | | | 5,537 | |
206456385.SRDLC, 32.39%, 02/08/2029 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 5,354 | | | | 5,144 | | | | 5,032 | |
206457825.SRDLC, 28.49%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 9,923 | | | | 9,534 | | | | 9,307 | |
206460018.SRDLC, 20.49%, 02/22/2029 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 39,218 | | | | 38,257 | | | | 38,451 | |
206460798.SRDLC, 14.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 5,732 | | | | 5,517 | | | | 5,444 | |
206461682.SRDLC, 26.49%, 02/02/2028 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 5,855 | | | | 5,629 | | | | 5,517 | |
206462868.SRDLC, 27.49%, 02/14/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 19,820 | | | | 19,046 | | | | 18,605 | |
206463307.SRDLC, 22.49%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 7,682 | | | | 7,390 | | | | 7,258 | |
206463820.SRDLC, 14.24%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 15,278 | | | | 14,920 | | | | 15,001 | |
206465203.SRDLC, 28.99%, 02/15/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 10,386 | | | | 10,007 | | | | 9,833 | |
206468992.SRDLC, 14.99%, 02/05/2027 (a)(p)(s) | | Lending Club | | | 2/7/2024 | | | | 7,490 | | | | 7,209 | | | | 7,121 | |
206469523.SRDLC, 10.37%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 9,522 | | | | 9,297 | | | | 9,448 | |
206469647.SRDLC, 19.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 4,602 | | | | 4,428 | | | | 4,341 | |
206470671.SRDLC, 32.39%, 02/07/2029 (a)(p)(s) | | Lending Club | | | 2/16/2024 | | | | 8,866 | | | | 8,516 | | | | 8,262 | |
206471742.SRDLC, 28.99%, 02/19/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 6,451 | | | | 6,198 | | | | 6,111 | |
206471807.SRDLC, 27.49%, 02/16/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 4,859 | | | | 4,675 | | | | 4,579 | |
206472440.SRDLC, 23.99%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 1,867 | | | | 1,799 | | | | 1,771 | |
206472529.SRDLC, 24.49%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 19,229 | | | | 18,500 | | | | 18,037 | |
206472984.SRDLC, 26.49%, 02/05/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 5,611 | | | | 5,407 | | | | 5,317 | |
206473197.SRDLC, 30.99%, 02/05/2028 (a)(p)(s) | | Lending Club | | | 2/7/2024 | | | | 7,943 | | | | 7,636 | | | | 7,437 | |
206473753.SRDLC, 14.24%, 02/02/2027 (a)(s) | | Lending Club | | | 2/6/2024 | | | | 16,233 | | | | 15,853 | | | | 15,949 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
96
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206473959.SRDLC, 23.99%, 02/05/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | $ | 5,602 | | | $ | 5,398 | | | $ | 5,310 | |
206474486.SRDLC, 29.49%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 8,679 | | | | 8,349 | | | | 8,165 | |
206475013.SRDLC, 13.99%, 02/23/2027 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 15,332 | | | | 14,970 | | | | 15,226 | |
206476410.SRDLC, 25.99%, 02/05/2028 (a)(p)(s) | | Lending Club | | | 2/7/2024 | | | | 8,113 | | | | 7,799 | | | | 7,646 | |
206476430.SRDLC, 21.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 19,198 | | | | 18,472 | | | | 18,103 | |
206477262.SRDLC, 21.49%, 01/22/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 22,225 | | | | 21,420 | | | | 21,193 | |
206477547.SRDLC, 10.24%, 02/21/2027 (a)(s) | | Lending Club | | | 2/23/2024 | | | | 38,084 | | | | 37,183 | | | | 37,696 | |
206478779.SRDLC, 30.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 7,239 | | | | 6,963 | | | | 6,759 | |
206479282.SRDLC, 27.49%, 02/05/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 4,258 | | | | 4,103 | | | | 4,007 | |
206480274.SRDLC, 23.49%, 02/15/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 9,399 | | | | 9,058 | | | | 8,954 | |
206481938.SRDLC, 29.99%, 02/05/2028 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 10,755 | | | | 10,337 | | | | 10,118 | |
206483383.SRDLC, 21.49%, 02/05/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 7,456 | | | | 7,185 | | | | 7,072 | |
206483928.SRDLC, 22.49%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 4,663 | | | | 4,494 | | | | 4,423 | |
206484064.SRDLC, 19.49%, 02/16/2026 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 8,224 | | | | 7,925 | | | | 7,860 | |
206484173.SRDLC, 21.49%, 02/05/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 13,979 | | | | 13,473 | | | | 13,259 | |
206487273.SRDLC, 10.74%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 9,525 | | | | 9,302 | | | | 9,437 | |
206487459.SRDLC, 26.49%, 02/05/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 7,872 | | | | 7,586 | | | | 7,459 | |
206487813.SRDLC, 31.89%, 02/20/2028 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 13,891 | | | | 13,368 | | | | 13,231 | |
206489104.SRDLC, 30.99%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 4,928 | | | | 4,734 | | | | 4,584 | |
206491318.SRDLC, 11.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 11,440 | | | | 11,011 | | | | 10,874 | |
206491916.SRDLC, 20.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 23,982 | | | | 23,076 | | | | 22,618 | |
206492042.SRDLC, 23.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 3,460 | | | | 3,329 | | | | 3,246 | |
206494780.SRDLC, 26.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 4,815 | | | | 4,632 | | | | 4,499 | |
206495230.SRDLC, 29.99%, 02/05/2028 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 9,777 | | | | 9,398 | | | | 9,143 | |
206495381.SRDLC, 32.39%, 02/16/2029 (a)(s) | | Lending Club | | | 2/21/2024 | | | | 19,722 | | | | 18,946 | | | | 18,529 | |
206496148.SRDLC, 15.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 18,643 | | | | 17,942 | | | | 17,703 | |
206496350.SRDLC, 32.39%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 11,340 | | | | 10,895 | | | | 10,544 | |
206496832.SRDLC, 32.39%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 7,100 | | | | 6,821 | | | | 6,602 | |
206500152.SRDLC, 22.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 24,055 | | | | 23,145 | | | | 22,877 | |
206500285.SRDLC, 30.99%, 02/15/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 19,463 | | | | 18,723 | | | | 18,363 | |
206501055.SRDLC, 28.49%, 02/10/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 14,518 | | | | 13,966 | | | | 13,668 | |
206501108.SRDLC, 20.99%, 02/07/2027 (a)(p)(s) | | Lending Club | | | 2/9/2024 | | | | 23,516 | | | | 22,578 | | | | 13,202 | |
206502104.SRDLC, 28.49%, 02/16/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 20,611 | | | | 19,804 | | | | 19,408 | |
206502908.SRDLC, 29.49%, 02/18/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 10,287 | | | | 9,885 | | | | 9,651 | |
206502929.SRDLC, 15.74%, 02/07/2029 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 6,013 | | | | 5,867 | | | | 5,913 | |
206504173.SRDLC, 30.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 4,102 | | | | 3,946 | | | | 3,830 | |
206504845.SRDLC, 25.99%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 19,665 | | | | 18,896 | | | | 18,466 | |
206504857.SRDLC, 21.49%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 4,366 | | | | 4,201 | | | | 4,117 | |
206504983.SRDLC, 17.24%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 30,900 | | | | 30,150 | | | | 30,368 | |
206505676.SRDLC, 30.99%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 5,309 | | | | 5,106 | | | | 4,957 | |
206506205.SRDLC, 18.49%, 02/08/2028 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 11,656 | | | | 11,207 | | | | 11,061 | |
206506284.SRDLC, 29.49%, 02/05/2029 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 19,698 | | | | 18,926 | | | | 18,333 | |
206506609.SRDLC, 21.49%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 2,879 | | | | 2,770 | | | | 2,715 | |
206506686.SRDLC, 28.49%, 02/27/2028 (a)(s) | | Lending Club | | | 2/29/2024 | | | | 19,539 | | | | 18,775 | | | | 18,582 | |
206506918.SRDLC, 26.49%, 02/20/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 2,806 | | | | 2,703 | | | | 2,672 | |
206508053.SRDLC, 30.99%, 02/07/2027 (a)(p)(s) | | Lending Club | | | 2/9/2024 | | | | 429 | | | | 412 | | | | 423 | |
206508730.SRDLC, 16.74%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 15,653 | | | | 15,271 | | | | 15,442 | |
206509020.SRDLC, 25.49%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 12,507 | | | | 12,032 | | | | 11,729 | |
206510540.SRDLC, 28.99%, 02/05/2026 (a)(p)(s) | | Lending Club | | | 2/7/2024 | | | | 1,809 | | | | 1,742 | | | | 1,714 | |
206510676.SRDLC, 20.49%, 02/06/2029 (a)(p)(s) | | Lending Club | | | 2/8/2024 | | | | 23,767 | | | | 23,174 | | | | 10,687 | |
206511840.SRDLC, 20.99%, 02/15/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 19,721 | | | | 18,954 | | | | 18,825 | |
206512505.SRDLC, 21.49%, 02/19/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 3,762 | | | | 3,626 | | | | 3,591 | |
206513002.SRDLC, 19.99%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 14,703 | | | | 14,130 | | | | 13,933 | |
206513832.SRDLC, 28.99%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 7,958 | | | | 7,667 | | | | 7,504 | |
206514588.SRDLC, 32.39%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 19,722 | | | | 18,948 | | | | 18,352 | |
206514655.SRDLC, 24.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 3,366 | | | | 3,238 | | | | 3,159 | |
206515107.SRDLC, 21.49%, 02/20/2027 (a)(p)(s) | | Lending Club | | | 2/8/2024 | | | | 7,302 | | | | 7,011 | | | | 4,107 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
97
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206515642.SRDLC, 24.49%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | $ | 3,461 | | | $ | 3,330 | | | $ | 3,248 | |
206515662.SRDLC, 27.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 5,868 | | | | 5,645 | | | | 5,555 | |
206520129.SRDLC, 24.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 9,544 | | | | 9,181 | | | | 8,976 | |
206520438.SRDLC, 23.99%, 02/06/2028 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 3,827 | | | | 3,679 | | | | 3,612 | |
206520552.SRDLC, 24.49%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 934 | | | | 900 | | | | 886 | |
206521503.SRDLC, 20.49%, 02/14/2029 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 13,726 | | | | 13,391 | | | | 13,444 | |
206522116.SRDLC, 15.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 23,901 | | | | 23,002 | | | | 22,702 | |
206522309.SRDLC, 19.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 3,835 | | | | 3,690 | | | | 3,619 | |
206522563.SRDLC, 12.24%, 02/01/2030 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 14,690 | | | | 14,333 | | | | 14,530 | |
206523850.SRDLC, 18.49%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 9,300 | | | | 8,963 | | | | 8,876 | |
206523924.SRDLC, 21.99%, 02/09/2026 (a)(p)(s) | | Lending Club | | | 2/13/2024 | | | | 1,450 | | | | 1,392 | | | | 923 | |
206524034.SRDLC, 24.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 14,426 | | | | 13,879 | | | | 13,537 | |
206525297.SRDLC, 27.49%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 6,396 | | | | 6,145 | | | | 5,961 | |
206526555.SRDLC, 30.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 4,705 | | | | 4,525 | | | | 4,411 | |
206526796.SRDLC, 28.49%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 14,457 | | | | 13,905 | | | | 13,552 | |
206526855.SRDLC, 31.49%, 02/15/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 14,907 | | | | 14,336 | | | | 14,220 | |
206527432.SRDLC, 30.99%, 02/06/2027 (a)(p)(s) | | Lending Club | | | 2/8/2024 | | | | 14,474 | | | | 13,924 | | | | 13,523 | |
206528520.SRDLC, 22.99%, 02/06/2028 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 2,435 | | | | 2,341 | | | | 2,299 | |
206529525.SRDLC, 28.99%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 1,874 | | | | 1,805 | | | | 1,764 | |
206530264.SRDLC, 15.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 7,648 | | | | 7,361 | | | | 7,265 | |
206530265.SRDLC, 28.49%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 9,638 | | | | 9,271 | | | | 9,009 | |
206530320.SRDLC, 14.99%, 02/18/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 7,682 | | | | 7,393 | | | | 7,366 | |
206530366.SRDLC, 9.74%, 02/05/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 38,070 | | | | 37,182 | | | | 37,720 | |
206530538.SRDLC, 27.99%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 3,370 | | | | 3,247 | | | | 3,173 | |
206530555.SRDLC, 21.99%, 02/06/2027 (a)(p)(s) | | Lending Club | | | 2/8/2024 | | | | 6,169 | | | | 5,936 | | | | 5,858 | |
206531534.SRDLC, 25.99%, 02/09/2028 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 12,712 | | | | 12,220 | | | | 12,044 | |
206531544.SRDLC, 9.49%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 5,709 | | | | 5,575 | | | | 5,651 | |
206532221.SRDLC, 18.49%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 5,580 | | | | 5,377 | | | | 5,328 | |
206532240.SRDLC, 24.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 9,617 | | | | 9,253 | | | | 9,025 | |
206533162.SRDLC, 21.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 7,679 | | | | 7,389 | | | | 7,244 | |
206533355.SRDLC, 15.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 13,385 | | | | 12,881 | | | | 12,713 | |
206534483.SRDLC, 24.49%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 19,583 | | | | 18,818 | | | | 18,392 | |
206538036.SRDLC, 18.49%, 02/06/2028 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 2,720 | | | | 2,615 | | | | 2,578 | |
206538499.SRDLC, 26.49%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 9,343 | | | | 8,978 | | | | 8,772 | |
206538768.SRDLC, 22.49%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 19,661 | | | | 18,947 | | | | 18,753 | |
206538811.SRDLC, 24.49%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 24,036 | | | | 23,125 | | | | 22,557 | |
206539701.SRDLC, 23.99%, 02/15/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 15,470 | | | | 14,884 | | | | 14,647 | |
206540932.SRDLC, 22.49%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 1,920 | | | | 1,848 | | | | 1,811 | |
206541256.SRDLC, 32.39%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 8,283 | | | | 7,958 | | | | 7,708 | |
206541316.SRDLC, 25.49%, 02/06/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 8,972 | | | | 8,645 | | | | 8,507 | |
206541642.SRDLC, 14.99%, 02/06/2027 (a)(p)(s) | | Lending Club | | | 2/8/2024 | | | | 4,728 | | | | 4,551 | | | | 4,492 | |
206542335.SRDLC, 15.99%, 01/24/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 13,925 | | | | 13,402 | | | | 13,307 | |
206542346.SRDLC, 27.49%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 2,890 | | | | 2,779 | | | | 2,709 | |
206543287.SRDLC, 20.99%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 1,397 | | | | 1,346 | | | | 1,327 | |
206543526.SRDLC, 9.21%, 02/05/2026 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 7,388 | | | | 7,223 | | | | 7,343 | |
206543673.SRDLC, 15.99%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 23,901 | | | | 23,002 | | | | 22,702 | |
206543788.SRDLC, 21.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 4,816 | | | | 4,633 | | | | 4,593 | |
206543969.SRDLC, 19.24%, 02/15/2028 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 37,134 | | | | 36,244 | | | | 36,792 | |
206544330.SRDLC, 21.49%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 4,318 | | | | 4,155 | | | | 4,074 | |
206544569.SRDLC, 9.13%, 02/16/2027 (a)(s) | | Lending Club | | | 2/7/2024 | | | | 35,302 | | | | 34,480 | | | | 35,073 | |
206545158.SRDLC, 28.49%, 02/06/2027 (a)(p)(s) | | Lending Club | | | 2/8/2024 | | | | 2,455 | | | | 2,357 | | | | 1,466 | |
206545935.SRDLC, 18.99%, 02/15/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 3,740 | | | | 3,605 | | | | 3,571 | |
206547049.SRDLC, 23.49%, 02/20/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 10,664 | | | | 10,261 | | | | 10,107 | |
206547580.SRDLC, 31.89%, 02/14/2028 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 8,289 | | | | 7,966 | | | | 7,757 | |
206548264.SRDLC, 32.39%, 02/06/2029 (a)(p)(s) | | Lending Club | | | 2/8/2024 | | | | 6,161 | | | | 5,919 | | | | 5,733 | |
206548546.SRDLC, 29.99%, 02/09/2029 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 23,561 | | | | 22,635 | | | | 22,014 | |
206551021.SRDLC, 12.99%, 02/19/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 2,874 | | | | 2,806 | | | | 2,857 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
98
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206551118.SRDLC, 28.99%, 02/06/2029 (a)(s) | | Lending Club | | | 2/8/2024 | | | $ | 7,286 | | | $ | 7,001 | | | $ | 6,788 | |
206552355.SRDLC, 31.89%, 02/20/2028 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 3,470 | | | | 3,339 | | | | 3,307 | |
206552538.SRDLC, 27.49%, 02/06/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 8,091 | | | | 7,783 | | | | 7,565 | |
206553402.SRDLC, 27.49%, 02/07/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 1,707 | | | | 1,642 | | | | 1,638 | |
206554697.SRDLC, 32.39%, 02/07/2029 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 14,792 | | | | 14,211 | | | | 13,775 | |
206555406.SRDLC, 21.49%, 02/07/2026 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 9,230 | | | | 8,895 | | | | 8,759 | |
206556205.SRDLC, 23.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/8/2024 | | | | 6,735 | | | | 6,480 | | | | 6,373 | |
206556577.SRDLC, 7.24%, 02/07/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 13,299 | | | | 12,989 | | | | 13,212 | |
206557710.SRDLC, 23.99%, 01/28/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 4,676 | | | | 4,498 | | | | 4,441 | |
206558637.SRDLC, 21.49%, 02/08/2027 (a)(p)(s) | | Lending Club | | | 2/12/2024 | | | | 1,380 | | | | 1,328 | | | | 1,363 | |
206558883.SRDLC, 12.99%, 02/09/2026 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 7,415 | | | | 7,148 | | | | 7,114 | |
206559604.SRDLC, 11.24%, 02/13/2027 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 11,434 | | | | 11,165 | | | | 11,301 | |
206560310.SRDLC, 25.49%, 02/07/2026 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 19,669 | | | | 18,952 | | | | 18,731 | |
206561292.SRDLC, 9.99%, 02/13/2028 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 15,163 | | | | 14,800 | | | | 15,079 | |
206562575.SRDLC, 22.99%, 02/07/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 17,264 | | | | 16,610 | | | | 16,213 | |
206563104.SRDLC, 21.49%, 02/04/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 9,020 | | | | 8,678 | | | | 8,510 | |
206564285.SRDLC, 23.49%, 02/10/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 8,183 | | | | 7,873 | | | | 7,757 | |
206564726.SRDLC, 25.49%, 02/07/2026 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 1,402 | | | | 1,351 | | | | 1,330 | |
206564728.SRDLC, 29.49%, 02/07/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 3,761 | | | | 3,618 | | | | 3,517 | |
206565839.SRDLC, 18.99%, 02/07/2026 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 2,779 | | | | 2,678 | | | | 2,637 | |
206566334.SRDLC, 27.49%, 02/07/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 6,743 | | | | 6,486 | | | | 6,353 | |
206567023.SRDLC, 26.49%, 02/08/2028 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 10,735 | | | | 10,318 | | | | 10,149 | |
206567768.SRDLC, 7.24%, 02/06/2027 (a)(p)(s) | | Lending Club | | | 2/8/2024 | | | | 21,831 | | | | 21,321 | | | | 21,713 | |
206567945.SRDLC, 29.99%, 02/07/2028 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 19,359 | | | | 18,607 | | | | 18,130 | |
206568979.SRDLC, 12.99%, 02/07/2026 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 9,354 | | | | 9,017 | | | | 8,937 | |
206569108.SRDLC, 18.49%, 02/08/2028 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 24,283 | | | | 23,348 | | | | 23,043 | |
206570543.SRDLC, 22.49%, 02/15/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 23,427 | | | | 22,571 | | | | 22,375 | |
206570640.SRDLC, 21.99%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 932 | | | | 898 | | | | 885 | |
206571647.SRDLC, 32.39%, 02/08/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 4,931 | | | | 4,737 | | | | 4,601 | |
206571682.SRDLC, 25.49%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 5,772 | | | | 5,552 | | | | 5,428 | |
206572374.SRDLC, 25.49%, 02/13/2029 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 24,576 | | | | 23,613 | | | | 23,163 | |
206573346.SRDLC, 23.99%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 5,767 | | | | 5,548 | | | | 5,422 | |
206573975.SRDLC, 19.99%, 02/08/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 20,584 | | | | 19,781 | | | | 19,531 | |
206575677.SRDLC, 19.49%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 2,513 | | | | 2,421 | | | | 2,387 | |
206575841.SRDLC, 22.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 3,169 | | | | 3,048 | | | | 2,993 | |
206575848.SRDLC, 17.99%, 02/09/2026 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 2,789 | | | | 2,687 | | | | 2,664 | |
206576695.SRDLC, 28.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 10,024 | | | | 9,639 | | | | 9,435 | |
206577088.SRDLC, 11.49%, 02/08/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 24,376 | | | | 23,787 | | | | 24,112 | |
206577142.SRDLC, 19.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 10,542 | | | | 10,143 | | | | 9,961 | |
206577804.SRDLC, 19.49%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 8,697 | | | | 8,380 | | | | 8,274 | |
206578013.SRDLC, 21.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 10,556 | | | | 10,155 | | | | 9,971 | |
206578166.SRDLC, 25.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 6,253 | | | | 6,015 | | | | 5,877 | |
206578266.SRDLC, 28.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 6,302 | | | | 6,062 | | | | 5,950 | |
206579508.SRDLC, 17.49%, 02/08/2028 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 23,297 | | | | 22,400 | | | | 22,112 | |
206579886.SRDLC, 30.49%, 02/08/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 9,853 | | | | 9,466 | | | | 9,200 | |
206580612.SRDLC, 19.49%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 23,266 | | | | 22,419 | | | | 22,101 | |
206581264.SRDLC, 32.39%, 02/27/2029 (a)(s) | | Lending Club | | | 2/29/2024 | | | | 9,861 | | | | 9,472 | | | | 9,321 | |
206581421.SRDLC, 26.99%, 02/13/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 9,249 | | | | 8,897 | | | | 8,708 | |
206581528.SRDLC, 20.99%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 1,919 | | | | 1,846 | | | | 1,812 | |
206582096.SRDLC, 27.49%, 02/01/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 9,961 | | | | 9,581 | | | | 9,326 | |
206582409.SRDLC, 32.39%, 02/08/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 14,792 | | | | 14,210 | | | | 13,803 | |
206582539.SRDLC, 23.99%, 02/21/2028 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 14,309 | | | | 13,755 | | | | 13,554 | |
206582932.SRDLC, 22.49%, 02/28/2027 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 9,218 | | | | 8,864 | | | | 8,765 | |
206583320.SRDLC, 32.39%, 01/31/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 14,363 | | | | 13,796 | | | | 13,406 | |
206583494.SRDLC, 26.49%, 02/20/2028 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 24,622 | | | | 23,669 | | | | 23,395 | |
206583800.SRDLC, 23.99%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 10,180 | | | | 9,795 | | | | 9,785 | |
206583934.SRDLC, 29.99%, 02/09/2028 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 8,604 | | | | 8,269 | | | | 8,080 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
99
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206584912.SRDLC, 32.39%, 02/09/2029 (a)(s) | | Lending Club | | | 2/13/2024 | | | $ | 14,792 | | | $ | 14,210 | | | $ | 13,814 | |
206585107.SRDLC, 22.99%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 9,605 | | | | 9,240 | | | | 9,037 | |
206585240.SRDLC, 21.49%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 14,394 | | | | 13,848 | | | | 13,602 | |
206585280.SRDLC, 32.39%, 02/12/2029 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 19,794 | | | | 19,016 | | | | 18,659 | |
206585690.SRDLC, 24.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 7,970 | | | | 7,668 | | | | 7,554 | |
206586538.SRDLC, 25.49%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 20,046 | | | | 19,312 | | | | 19,033 | |
206587341.SRDLC, 25.49%, 02/08/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 3,113 | | | | 2,999 | | | | 2,959 | |
206587390.SRDLC, 30.99%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 14,478 | | | | 13,925 | | | | 13,556 | |
206587966.SRDLC, 31.89%, 02/09/2028 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 3,936 | | | | 3,782 | | | | 3,718 | |
206588396.SRDLC, 24.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 5,504 | | | | 5,295 | | | | 5,174 | |
206589724.SRDLC, 28.49%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 9,638 | | | | 9,270 | | | | 9,029 | |
206589986.SRDLC, 12.99%, 02/09/2026 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 18,524 | | | | 17,853 | | | | 17,706 | |
206590969.SRDLC, 8.49%, 02/07/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 14,263 | | | | 13,930 | | | | 14,134 | |
206592008.SRDLC, 24.49%, 02/02/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 6,219 | | | | 5,983 | | | | 5,830 | |
206592283.SRDLC, 15.74%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 38,236 | | | | 37,334 | | | | 37,588 | |
206593026.SRDLC, 22.49%, 02/23/2027 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 1,440 | | | | 1,385 | | | | 1,368 | |
206594606.SRDLC, 26.99%, 02/09/2029 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 9,837 | | | | 9,452 | | | | 9,203 | |
206595617.SRDLC, 21.49%, 02/09/2026 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 4,660 | | | | 4,490 | | | | 4,427 | |
206595670.SRDLC, 27.49%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 12,522 | | | | 12,044 | | | | 11,740 | |
206595867.SRDLC, 27.99%, 02/09/2029 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 9,498 | | | | 9,125 | | | | 8,882 | |
206597289.SRDLC, 14.36%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 19,099 | | | | 18,649 | | | | 18,788 | |
206599929.SRDLC, 9.96%, 02/07/2027 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 3,903 | | | | 3,812 | | | | 3,868 | |
206600588.SRDLC, 27.49%, 02/03/2028 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 24,294 | | | | 23,350 | | | | 22,815 | |
206602173.SRDLC, 30.99%, 02/01/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 1,437 | | | | 1,382 | | | | 1,345 | |
206603083.SRDLC, 12.24%, 02/07/2029 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 34,144 | | | | 33,319 | | | | 33,635 | |
206603510.SRDLC, 26.49%, 02/09/2029 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 24,588 | | | | 23,624 | | | | 23,140 | |
206603915.SRDLC, 9.74%, 02/07/2026 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 9,239 | | | | 9,032 | | | | 9,183 | |
206604089.SRDLC, 14.49%, 02/07/2029 (a)(s) | | Lending Club | | | 2/9/2024 | | | | 7,816 | | | | 7,626 | | | | 7,686 | |
206605205.SRDLC, 23.49%, 02/09/2027 (a)(p)(s) | | Lending Club | | | 2/13/2024 | | | | 1,793 | | | | 1,725 | | | | 1,714 | |
206605706.SRDLC, 24.49%, 02/11/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 15,405 | | | | 14,819 | | | | 14,607 | |
206606951.SRDLC, 30.99%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 9,652 | | | | 9,283 | | | | 9,052 | |
206607851.SRDLC, 19.24%, 02/14/2028 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 14,577 | | | | 14,225 | | | | 14,300 | |
206608134.SRDLC, 28.99%, 02/12/2026 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 2,342 | | | | 2,256 | | | | 2,212 | |
206609335.SRDLC, 9.49%, 02/18/2026 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 11,116 | | | | 10,866 | | | | 11,070 | |
206609486.SRDLC, 11.24%, 02/22/2027 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 6,193 | | | | 6,046 | | | | 6,147 | |
206613496.SRDLC, 14.49%, 02/08/2027 (a)(p)(s) | | Lending Club | | | 2/12/2024 | | | | 5,252 | | | | 5,129 | | | | 5,163 | |
206620378.SRDLC, 7.99%, 02/08/2027 (a)(s) | | Lending Club | | | 2/12/2024 | | | | 18,535 | | | | 18,101 | | | | 18,372 | |
206636289.SRDLC, 21.49%, 02/15/2026 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 4,660 | | | | 4,488 | | | | 4,435 | |
206636457.SRDLC, 19.99%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 4,793 | | | | 4,611 | | | | 4,533 | |
206639388.SRDLC, 13.24%, 01/28/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 5,561 | | | | 5,430 | | | | 5,483 | |
206642961.SRDLC, 13.74%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 22,909 | | | | 22,370 | | | | 22,632 | |
206647463.SRDLC, 9.24%, 02/25/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 28,643 | | | | 27,971 | | | | 28,475 | |
206648542.SRDLC, 29.49%, 02/09/2029 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 5,417 | | | | 5,284 | | | | 5,307 | |
206650199.SRDLC, 9.49%, 02/09/2027 (a)(s) | | Lending Club | | | 2/13/2024 | | | | 17,128 | | | | 16,727 | | | | 16,980 | |
206650488.SRDLC, 13.99%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 34,370 | | | | 33,551 | | | | 34,046 | |
206652155.SRDLC, 13.49%, 02/01/2028 (a)(p)(s) | | Lending Club | | | 2/13/2024 | | | | 14,466 | | | | 14,120 | | | | 14,380 | |
206653367.SRDLC, 31.89%, 02/12/2028 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 6,361 | | | | 6,113 | | | | 5,977 | |
206658263.SRDLC, 12.99%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 8,014 | | | | 7,712 | | | | 7,627 | |
206660441.SRDLC, 22.74%, 02/12/2029 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 5,890 | | | | 5,746 | | | | 5,722 | |
206660628.SRDLC, 8.24%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 9,412 | | | | 9,191 | | | | 9,331 | |
206661294.SRDLC, 10.49%, 02/14/2029 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 38,976 | | | | 38,032 | | | | 38,569 | |
206662294.SRDLC, 24.99%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 4,809 | | | | 4,625 | | | | 4,530 | |
206662755.SRDLC, 31.49%, 02/22/2029 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 9,857 | | | | 9,469 | | | | 9,299 | |
206666226.SRDLC, 31.49%, 02/12/2029 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 10,843 | | | | 10,417 | | | | 10,139 | |
206666955.SRDLC, 7.99%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 10,455 | | | | 10,210 | | | | 10,366 | |
206669405.SRDLC, 7.99%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 23,762 | | | | 23,206 | | | | 23,559 | |
206672974.SRDLC, 28.49%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 14,457 | | | | 13,905 | | | | 13,564 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
100
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206674497.SRDLC, 15.74%, 02/26/2029 (a)(s) | | Lending Club | | | 2/14/2024 | | | $ | 19,949 | | | $ | 19,465 | | | $ | 19,750 | |
206675765.SRDLC, 23.49%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 9,608 | | | | 9,243 | | | | 9,045 | |
206676121.SRDLC, 13.24%, 02/12/2028 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 17,424 | | | | 17,006 | | | | 17,324 | |
206676987.SRDLC, 27.99%, 02/15/2028 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 9,791 | | | | 9,411 | | | | 9,267 | |
206678754.SRDLC, 7.24%, 02/12/2027 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 14,249 | | | | 13,916 | | | | 14,160 | |
206679063.SRDLC, 12.24%, 02/01/2029 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 32,943 | | | | 32,144 | | | | 32,478 | |
206679078.SRDLC, 10.74%, 02/13/2029 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 20,953 | | | | 20,446 | | | | 20,732 | |
206679177.SRDLC, 14.49%, 02/12/2028 (a)(s) | | Lending Club | | | 2/14/2024 | | | | 29,065 | | | | 28,367 | | | | 28,743 | |
206679421.SRDLC, 20.99%, 02/15/2027 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 11,511 | | | | 11,073 | | | | 10,906 | |
206684032.SRDLC, 14.24%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 14,323 | | | | 13,983 | | | | 14,121 | |
206686752.SRDLC, 21.49%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 2,879 | | | | 2,769 | | | | 2,730 | |
206687497.SRDLC, 8.57%, 02/13/2029 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 17,662 | | | | 17,235 | | | | 17,475 | |
206692333.SRDLC, 31.89%, 02/25/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 14,748 | | | | 14,172 | | | | 14,034 | |
206693787.SRDLC, 28.49%, 02/13/2028 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 4,885 | | | | 4,695 | | | | 4,599 | |
206701696.SRDLC, 26.49%, 02/13/2027 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 13,477 | | | | 12,963 | | | | 12,687 | |
206702193.SRDLC, 30.99%, 02/21/2027 (a)(s) | | Lending Club | | | 2/23/2024 | | | | 19,304 | | | | 18,561 | | | | 18,205 | |
206702234.SRDLC, 19.49%, 02/15/2026 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 9,332 | | | | 8,989 | | | | 8,933 | |
206704769.SRDLC, 29.99%, 02/20/2028 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 3,443 | | | | 3,309 | | | | 3,261 | |
206704782.SRDLC, 32.39%, 02/13/2029 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 5,917 | | | | 5,684 | | | | 5,535 | |
206706801.SRDLC, 27.49%, 02/19/2026 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 7,488 | | | | 7,212 | | | | 7,115 | |
206707395.SRDLC, 21.49%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 23,990 | | | | 23,078 | | | | 22,700 | |
206714632.SRDLC, 27.99%, 02/13/2028 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 24,417 | | | | 23,468 | | | | 22,984 | |
206715510.SRDLC, 25.99%, 02/13/2028 (a)(p)(s) | | Lending Club | | | 2/15/2024 | | | | 6,000 | | | | 5,760 | | | | 1,368 | |
206715657.SRDLC, 30.99%, 02/13/2027 (a)(s) | | Lending Club | | | 2/15/2024 | | | | 19,304 | | | | 18,565 | | | | 18,115 | |
206716141.SRDLC, 12.99%, 02/15/2026 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 5,557 | | | | 5,430 | | | | 5,516 | |
206722872.SRDLC, 12.00%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 32,188 | | | | 31,406 | | | | 31,822 | |
206726735.SRDLC, 23.99%, 02/14/2027 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 4,032 | | | | 3,878 | | | | 3,799 | |
206730152.SRDLC, 24.99%, 02/14/2026 (a)(s) | | Lending Club | | | 2/16/2024 | | | | 5,149 | | | | 4,960 | | | | 4,918 | |
206734020.SRDLC, 14.24%, 02/15/2029 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 10,745 | | | | 10,484 | | | | 10,595 | |
206737793.SRDLC, 9.38%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 19,030 | | | | 18,580 | | | | 18,933 | |
206738286.SRDLC, 11.24%, 02/16/2028 (a)(s) | | Lending Club | | | 2/21/2024 | | | | 25,133 | | | | 24,529 | | | | 25,043 | |
206741900.SRDLC, 30.99%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 1,255 | | | | 1,207 | | | | 1,183 | |
206745021.SRDLC, 28.49%, 02/16/2027 (a)(s) | | Lending Club | | | 2/21/2024 | | | | 14,457 | | | | 13,903 | | | | 13,617 | |
206749512.SRDLC, 28.49%, 02/16/2028 (a)(s) | | Lending Club | | | 2/21/2024 | | | | 7,816 | | | | 7,511 | | | | 7,387 | |
206751332.SRDLC, 12.24%, 02/15/2029 (a)(s) | | Lending Club | | | 2/20/2024 | | | | 11,707 | | | | 11,422 | | | | 11,556 | |
206753184.SRDLC, 22.99%, 02/29/2028 (a)(p)(s) | | Lending Club | | | 2/21/2024 | | | | 7,865 | | | | 7,671 | | | | 7,766 | |
206754380.SRDLC, 29.89%, 03/06/2028 (a)(s) | | Lending Club | | | 3/8/2024 | | | | 6,923 | | | | 6,651 | | | | 6,512 | |
206754897.SRDLC, 21.99%, 02/16/2027 (a)(s) | | Lending Club | | | 2/21/2024 | | | | 1,920 | | | | 1,847 | | | | 1,819 | |
206757153.SRDLC, 13.99%, 02/16/2027 (a)(s) | | Lending Club | | | 2/21/2024 | | | | 19,094 | | | | 18,642 | | | | 18,889 | |
206757734.SRDLC, 23.49%, 02/16/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 14,393 | | | | 13,842 | | | | 13,579 | |
206760970.SRDLC, 11.24%, 02/20/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 12,566 | | | | 12,264 | | | | 12,505 | |
206761445.SRDLC, 15.49%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 3,345 | | | | 3,266 | | | | 3,298 | |
206763318.SRDLC, 21.49%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 8,636 | | | | 8,305 | | | | 8,209 | |
206763993.SRDLC, 14.99%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 15,191 | | | | 14,613 | | | | 14,482 | |
206764336.SRDLC, 8.24%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 33,202 | | | | 32,419 | | | | 32,943 | |
206764960.SRDLC, 16.24%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 27,385 | | | | 26,717 | | | | 27,011 | |
206765996.SRDLC, 32.39%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 4,930 | | | | 4,735 | | | | 4,636 | |
206768276.SRDLC, 17.64%, 02/27/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 9,684 | | | | 9,450 | | | | 9,613 | |
206768428.SRDLC, 10.49%, 02/27/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 23,237 | | | | 22,678 | | | | 23,158 | |
206769267.SRDLC, 10.99%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 34,115 | | | | 33,287 | | | | 33,782 | |
206771140.SRDLC, 26.49%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 6,393 | | | | 6,142 | | | | 6,045 | |
206772476.SRDLC, 32.39%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 8,678 | | | | 8,336 | | | | 8,161 | |
206772739.SRDLC, 32.39%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 11,489 | | | | 11,036 | | | | 10,792 | |
206773334.SRDLC, 21.99%, 02/20/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 12,654 | | | | 12,163 | | | | 12,098 | |
206776480.SRDLC, 25.99%, 02/16/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 3,874 | | | | 3,723 | | | | 3,676 | |
206780337.SRDLC, 30.99%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 2,896 | | | | 2,784 | | | | 2,729 | |
206783222.SRDLC, 32.39%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 10,256 | | | | 9,851 | | | | 9,645 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
101
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206787116.SRDLC, 13.24%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | $ | 8,969 | | | $ | 8,757 | | | $ | 8,916 | |
206791550.SRDLC, 21.99%, 02/20/2026 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 3,183 | | | | 3,065 | | | | 3,037 | |
206795238.SRDLC, 24.49%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 13,166 | | | | 12,649 | | | | 12,457 | |
206795411.SRDLC, 17.24%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 29,823 | | | | 29,096 | | | | 29,421 | |
206795884.SRDLC, 20.99%, 02/28/2029 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 19,124 | | | | 18,373 | | | | 18,255 | |
206799568.SRDLC, 14.99%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 9,554 | | | | 9,191 | | | | 9,108 | |
206799674.SRDLC, 25.99%, 02/20/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 9,756 | | | | 9,377 | | | | 9,279 | |
206800288.SRDLC, 21.49%, 02/15/2027 (a)(s) | | Lending Club | | | 2/23/2024 | | | | 13,383 | | | | 12,872 | | | | 12,692 | |
206800302.SRDLC, 25.99%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 3,368 | | | | 3,239 | | | | 3,182 | |
206800576.SRDLC, 7.00%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 17,096 | | | | 16,693 | | | | 16,996 | |
206802964.SRDLC, 17.69%, 02/20/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 8,252 | | | | 8,053 | | | | 8,192 | |
206803063.SRDLC, 8.24%, 02/21/2027 (a)(s) | | Lending Club | | | 2/23/2024 | | | | 22,816 | | | | 22,277 | | | | 22,640 | |
206804597.SRDLC, 21.99%, 02/20/2026 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 6,663 | | | | 6,417 | | | | 6,344 | |
206808216.SRDLC, 23.99%, 03/05/2027 (a)(p)(s) | | Lending Club | | | 2/22/2024 | | | | 6,744 | | | | 6,486 | | | | 6,363 | |
206810488.SRDLC, 14.99%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 7,643 | | | | 7,353 | | | | 7,286 | |
206810695.SRDLC, 9.74%, 02/21/2027 (a)(s) | | Lending Club | | | 2/23/2024 | | | | 12,334 | | | | 12,043 | | | | 12,239 | |
206811279.SRDLC, 9.49%, 02/20/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 19,309 | | | | 18,845 | | | | 19,203 | |
206811341.SRDLC, 26.49%, 02/20/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 19,670 | | | | 18,897 | | | | 18,602 | |
206812968.SRDLC, 29.99%, 02/20/2028 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 9,777 | | | | 9,395 | | | | 9,247 | |
206814439.SRDLC, 21.49%, 03/15/2026 (a)(s) | | Lending Club | | | 3/19/2024 | | | | 6,377 | | | | 6,134 | | | | 6,090 | |
206815368.SRDLC, 26.49%, 02/22/2029 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 24,625 | | | | 23,658 | | | | 23,484 | |
206816139.SRDLC, 25.49%, 02/20/2027 (a)(s) | | Lending Club | | | 2/22/2024 | | | | 9,428 | | | | 9,067 | | | | 8,908 | |
206817054.SRDLC, 10.74%, 02/22/2027 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 21,121 | | | | 20,620 | | | | 20,963 | |
206817493.SRDLC, 30.99%, 02/21/2028 (a)(s) | | Lending Club | | | 2/23/2024 | | | | 19,564 | | | | 18,800 | | | | 18,513 | |
206818133.SRDLC, 10.74%, 02/28/2027 (a)(p)(s) | | Lending Club | | | 2/29/2024 | | | | 19,067 | | | | 18,609 | | | | 18,959 | |
206818207.SRDLC, 23.99%, 03/05/2026 (a)(p)(s) | | Lending Club | | | 2/23/2024 | | | | 1,168 | | | | 1,124 | | | | 1,111 | |
206819025.SRDLC, 21.99%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 6,719 | | | | 6,462 | | | | 6,386 | |
206819391.SRDLC, 17.24%, 02/23/2029 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 7,046 | | | | 6,874 | | | | 6,959 | |
206822930.SRDLC, 10.99%, 02/23/2029 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 14,621 | | | | 14,265 | | | | 14,486 | |
206823414.SRDLC, 25.49%, 02/16/2027 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 6,129 | | | | 5,894 | | | | 5,798 | |
206827601.SRDLC, 27.49%, 03/04/2027 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 11,782 | | | | 11,326 | | | | 11,060 | |
206827781.SRDLC, 30.49%, 02/22/2029 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 10,839 | | | | 10,411 | | | | 10,228 | |
206832395.SRDLC, 10.99%, 02/22/2026 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 4,624 | | | | 4,454 | | | | 4,430 | |
206832615.SRDLC, 19.49%, 02/22/2026 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 7,445 | | | | 7,169 | | | | 7,101 | |
206834470.SRDLC, 25.99%, 02/22/2026 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 2,805 | | | | 2,700 | | | | 2,677 | |
206835180.SRDLC, 23.99%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 6,303 | | | | 6,057 | | | | 6,016 | |
206837166.SRDLC, 27.49%, 02/22/2029 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 7,035 | | | | 6,759 | | | | 6,645 | |
206837462.SRDLC, 30.99%, 03/18/2028 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 14,839 | | | | 14,253 | | | | 14,075 | |
206838735.SRDLC, 27.49%, 02/28/2026 (a)(p)(s) | | Lending Club | | | 2/27/2024 | | | | 14,120 | | | | 13,585 | | | | 13,390 | |
206839150.SRDLC, 17.49%, 02/23/2026 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 3,355 | | | | 3,230 | | | | 3,221 | |
206841786.SRDLC, 22.49%, 02/23/2027 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 4,801 | | | | 4,617 | | | | 4,560 | |
206841881.SRDLC, 7.24%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 6,983 | | | | 6,817 | | | | 6,946 | |
206842362.SRDLC, 25.49%, 02/23/2028 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 19,507 | | | | 18,747 | | | | 18,605 | |
206843128.SRDLC, 30.99%, 02/23/2027 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 3,137 | | | | 3,016 | | | | 2,965 | |
206843187.SRDLC, 15.49%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 9,776 | | | | 9,537 | | | | 9,659 | |
206845110.SRDLC, 30.99%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 15,276 | | | | 14,673 | | | | 14,437 | |
206851125.SRDLC, 9.74%, 02/22/2027 (a)(s) | | Lending Club | | | 2/26/2024 | | | | 16,180 | | | | 15,796 | | | | 16,059 | |
206851374.SRDLC, 14.99%, 02/28/2027 (a)(p)(s) | | Lending Club | | | 2/29/2024 | | | | 5,883 | | | | 5,657 | | | | 5,652 | |
206853743.SRDLC, 32.39%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 5,226 | | | | 5,020 | | | | 4,938 | |
206856414.SRDLC, 9.76%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 35,060 | | | | 34,208 | | | | 34,739 | |
206857031.SRDLC, 12.38%, 02/23/2027 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 20,979 | | | | 20,480 | | | | 20,820 | |
206858805.SRDLC, 29.99%, 02/28/2028 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 13,688 | | | | 13,152 | | | | 13,022 | |
206859256.SRDLC, 30.49%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 5,912 | | | | 5,679 | | | | 5,588 | |
206859582.SRDLC, 25.49%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 6,684 | | | | 6,426 | | | | 6,335 | |
206860547.SRDLC, 30.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 4,826 | | | | 4,639 | | | | 4,570 | |
206862143.SRDLC, 9.13%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 22,825 | | | | 22,283 | | | | 22,659 | |
206862452.SRDLC, 30.99%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 4,402 | | | | 4,230 | | | | 4,181 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
102
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206862550.SRDLC, 22.99%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | $ | 39,271 | | | $ | 38,307 | | | $ | 38,452 | |
206866112.SRDLC, 15.24%, 02/28/2029 (a)(s) | | Lending Club | | | 3/4/2024 | | | | 14,661 | | | | 14,302 | | | | 14,501 | |
206866684.SRDLC, 19.99%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 8,053 | | | | 7,744 | | | | 7,656 | |
206867521.SRDLC, 26.99%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 10,912 | | | | 10,480 | | | | 10,321 | |
206869591.SRDLC, 21.49%, 03/20/2027 (a)(s) | | Lending Club | | | 3/11/2024 | | | | 7,902 | | | | 7,597 | | | | 7,589 | |
206869869.SRDLC, 15.24%, 02/23/2029 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 14,661 | | | | 14,303 | | | | 14,558 | |
206870626.SRDLC, 12.99%, 02/23/2027 (a)(s) | | Lending Club | | | 2/27/2024 | | | | 3,816 | | | | 3,725 | | | | 3,779 | |
206872570.SRDLC, 27.49%, 02/26/2026 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 4,674 | | | | 4,499 | | | | 4,448 | |
206878452.SRDLC, 26.49%, 03/12/2029 (a)(s) | | Lending Club | | | 3/14/2024 | | | | 14,878 | | | | 14,290 | | | | 14,109 | |
206879472.SRDLC, 10.49%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 14,284 | | | | 13,945 | | | | 14,151 | |
206880786.SRDLC, 23.49%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 8,167 | | | | 7,853 | | | | 7,742 | |
206881708.SRDLC, 9.24%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 7,108 | | | | 6,940 | | | | 7,057 | |
206882488.SRDLC, 10.24%, 02/28/2027 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 18,566 | | | | 18,124 | | | | 18,397 | |
206883174.SRDLC, 32.39%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 14,792 | | | | 14,208 | | | | 13,974 | |
206883946.SRDLC, 28.49%, 02/27/2027 (a)(s) | | Lending Club | | | 2/29/2024 | | | | 18,766 | | | | 18,041 | | | | 17,786 | |
206884370.SRDLC, 30.99%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 10,558 | | | | 10,144 | | | | 10,016 | |
206884712.SRDLC, 19.99%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 5,270 | | | | 5,068 | | | | 5,010 | |
206887772.SRDLC, 28.99%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 6,840 | | | | 6,573 | | | | 6,500 | |
206888755.SRDLC, 19.99%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 9,587 | | | | 9,219 | | | | 9,114 | |
206889086.SRDLC, 10.99%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 3,334 | | | | 3,255 | | | | 3,310 | |
206889469.SRDLC, 23.99%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 5,767 | | | | 5,545 | | | | 5,466 | |
206890382.SRDLC, 23.99%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 10,184 | | | | 9,787 | | | | 9,723 | |
206891791.SRDLC, 12.37%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 14,304 | | | | 13,963 | | | | 14,234 | |
206893673.SRDLC, 23.99%, 03/04/2028 (a)(p)(s) | | Lending Club | | | 3/6/2024 | | | | 7,817 | | | | 7,511 | | | | 7,390 | |
206895588.SRDLC, 32.39%, 03/05/2029 (a)(s) | | Lending Club | | | 3/7/2024 | | | | 14,897 | | | | 14,308 | | | | 13,929 | |
206895753.SRDLC, 14.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 14,331 | | | | 13,782 | | | | 13,687 | |
206897990.SRDLC, 32.39%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 14,792 | | | | 14,208 | | | | 13,974 | |
206900700.SRDLC, 23.49%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 6,726 | | | | 6,468 | | | | 6,375 | |
206903125.SRDLC, 31.89%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 3,620 | | | | 3,478 | | | | 3,438 | |
206903413.SRDLC, 10.49%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 4,032 | | | | 3,935 | | | | 4,011 | |
206904658.SRDLC, 25.49%, 02/26/2027 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 14,912 | | | | 14,338 | | | | 14,130 | |
206906819.SRDLC, 31.89%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 4,893 | | | | 4,702 | | | | 4,647 | |
206908138.SRDLC, 28.99%, 02/26/2026 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 1,124 | | | | 1,082 | | | | 1,070 | |
206916117.SRDLC, 10.49%, 02/26/2028 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 23,187 | | | | 22,628 | | | | 23,068 | |
206917295.SRDLC, 15.24%, 02/26/2029 (a)(s) | | Lending Club | | | 2/28/2024 | | | | 8,797 | | | | 8,582 | | | | 8,706 | |
206917551.SRDLC, 14.99%, 02/27/2027 (a)(s) | | Lending Club | | | 2/29/2024 | | | | 9,299 | | | | 8,944 | | | | 8,892 | |
206923738.SRDLC, 23.49%, 02/28/2027 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 14,413 | | | | 13,858 | | | | 13,672 | |
206923791.SRDLC, 23.49%, 03/05/2027 (a)(s) | | Lending Club | | | 3/7/2024 | | | | 9,806 | | | | 9,427 | | | | 9,256 | |
206924150.SRDLC, 26.99%, 02/28/2027 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 12,037 | | | | 11,572 | | | | 11,406 | |
206926761.SRDLC, 15.49%, 02/27/2029 (a)(s) | | Lending Club | | | 2/29/2024 | | | | 19,552 | | | | 19,074 | | | | 19,319 | |
206930022.SRDLC, 28.49%, 02/28/2029 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 16,243 | | | | 15,603 | | | | 15,487 | |
206930451.SRDLC, 27.49%, 02/28/2027 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 1,928 | | | | 1,854 | | | | 1,840 | |
206931097.SRDLC, 32.39%, 02/28/2029 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 11,834 | | | | 11,366 | | | | 11,194 | |
206931190.SRDLC, 30.49%, 02/28/2029 (a)(p)(s) | | Lending Club | | | 3/1/2024 | | | | 7,700 | | | | 7,392 | | | | 7,460 | |
206934152.SRDLC, 23.99%, 03/14/2027 (a)(s) | | Lending Club | | | 3/18/2024 | | | | 11,769 | | | | 11,311 | | | | 11,164 | |
206935154.SRDLC, 17.49%, 02/28/2028 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 15,920 | | | | 15,301 | | | | 15,199 | |
206935710.SRDLC, 22.49%, 03/25/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 6,400 | | | | 6,151 | | | | 6,165 | |
206937677.SRDLC, 21.49%, 03/04/2027 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 11,760 | | | | 11,306 | | | | 11,153 | |
206939430.SRDLC, 7.83%, 02/27/2028 (a)(s) | | Lending Club | | | 2/29/2024 | | | | 34,714 | | | | 33,877 | | | | 34,561 | |
206942611.SRDLC, 31.89%, 03/04/2028 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 9,895 | | | | 9,506 | | | | 9,285 | |
206943401.SRDLC, 19.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 14,690 | | | | 14,119 | | | | 14,010 | |
206944802.SRDLC, 32.39%, 03/04/2029 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 6,952 | | | | 6,677 | | | | 6,495 | |
206945566.SRDLC, 24.99%, 03/04/2027 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 2,943 | | | | 2,829 | | | | 2,776 | |
206952771.SRDLC, 10.25%, 02/28/2027 (a)(s) | | Lending Club | | | 3/1/2024 | | | | 5,713 | | | | 5,577 | | | | 5,661 | |
206954209.SRDLC, 23.99%, 03/04/2028 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 16,860 | | | | 16,200 | | | | 15,943 | |
206957919.SRDLC, 29.99%, 03/12/2028 (a)(s) | | Lending Club | | | 3/14/2024 | | | | 10,879 | | | | 10,451 | | | | 10,276 | |
206966762.SRDLC, 32.39%, 03/04/2029 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 9,129 | | | | 8,768 | | | | 8,528 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
103
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
206968408.SRDLC, 24.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/13/2024 | | | $ | 11,828 | | | $ | 11,370 | | | $ | 11,339 | |
206968435.SRDLC, 32.39%, 03/04/2029 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 14,897 | | | | 14,308 | | | | 13,918 | |
206969269.SRDLC, 28.49%, 03/04/2027 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 9,821 | | | | 9,441 | | | | 9,217 | |
206970223.SRDLC, 28.99%, 03/04/2026 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 1,938 | | | | 1,864 | | | | 1,827 | |
206970231.SRDLC, 28.49%, 03/24/2027 (a)(s) | | Lending Club | | | 3/19/2024 | | | | 11,871 | | | | 11,409 | | | | 11,391 | |
206970932.SRDLC, 11.99%, 02/28/2029 (a)(s) | | Lending Club | | | 3/4/2024 | | | | 20,288 | | | | 19,792 | | | | 20,075 | |
206971632.SRDLC, 25.49%, 03/19/2026 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 4,838 | | | | 4,656 | | | | 4,618 | |
206972080.SRDLC, 25.99%, 03/04/2028 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 14,798 | | | | 14,218 | | | | 13,984 | |
206972271.SRDLC, 27.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 5,891 | | | | 5,661 | | | | 5,577 | |
206972436.SRDLC, 32.39%, 03/04/2029 (a)(s) | | Lending Club | | | 3/6/2024 | | | | 4,966 | | | | 4,769 | | | | 4,639 | |
206979916.SRDLC, 24.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 24,527 | | | | 23,570 | | | | 23,289 | |
206983954.SRDLC, 12.99%, 03/05/2026 (a)(s) | | Lending Club | | | 3/7/2024 | | | | 9,629 | | | | 9,269 | | | | 9,219 | |
206985352.SRDLC, 21.49%, 03/15/2027 (a)(s) | | Lending Club | | | 3/11/2024 | | | | 2,454 | | | | 2,359 | | | | 2,356 | |
206985529.SRDLC, 8.24%, 02/28/2027 (a)(s) | | Lending Club | | | 3/4/2024 | | | | 33,273 | | | | 32,480 | | | | 33,042 | |
206986371.SRDLC, 28.49%, 03/15/2027 (a)(s) | | Lending Club | | | 3/19/2024 | | | | 14,732 | | | | 14,157 | | | | 13,932 | |
206995219.SRDLC, 28.99%, 03/05/2026 (a)(s) | | Lending Club | | | 3/7/2024 | | | | 13,078 | | | | 12,584 | | | | 12,341 | |
207000395.SRDLC, 21.49%, 03/06/2027 (a)(s) | | Lending Club | | | 3/8/2024 | | | | 11,760 | | | | 11,306 | | | | 11,161 | |
207003022.SRDLC, 13.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/18/2024 | | | | 12,662 | | | | 12,172 | | | | 12,120 | |
207003453.SRDLC, 27.99%, 03/16/2028 (a)(s) | | Lending Club | | | 3/8/2024 | | | | 10,411 | | | | 10,004 | | | | 9,913 | |
207009130.SRDLC, 27.49%, 03/06/2027 (a)(s) | | Lending Club | | | 3/8/2024 | | | | 6,873 | | | | 6,606 | | | | 6,459 | |
207010768.SRDLC, 30.99%, 03/06/2027 (a)(s) | | Lending Club | | | 3/8/2024 | | | | 4,914 | | | | 4,723 | | | | 4,615 | |
207015979.SRDLC, 30.99%, 03/06/2027 (a)(s) | | Lending Club | | | 3/8/2024 | | | | 5,702 | | | | 5,480 | | | | 5,370 | |
207018904.SRDLC, 32.39%, 03/13/2029 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 12,911 | | | | 12,399 | | | | 12,145 | |
207032620.SRDLC, 24.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/12/2024 | | | | 14,716 | | | | 14,145 | | | | 13,916 | |
207038216.SRDLC, 27.49%, 03/06/2027 (a)(s) | | Lending Club | | | 3/8/2024 | | | | 19,145 | | | | 18,403 | | | | 17,994 | |
207039650.SRDLC, 25.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 9,812 | | | | 9,429 | | | | 9,316 | |
207054307.SRDLC, 27.49%, 03/15/2026 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 8,243 | | | | 7,930 | | | | 7,872 | |
207054733.SRDLC, 19.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 14,693 | | | | 14,121 | | | | 14,011 | |
207061665.SRDLC, 30.99%, 03/01/2027 (a)(p)(s) | | Lending Club | | | 3/11/2024 | | | | 4,443 | | | | 4,271 | | | | 4,194 | |
207066328.SRDLC, 30.99%, 03/08/2028 (a)(s) | | Lending Club | | | 3/12/2024 | | | | 5,935 | | | | 5,702 | | | | 5,595 | |
207071411.SRDLC, 19.99%, 03/07/2027 (a)(s) | | Lending Club | | | 3/11/2024 | | | | 4,897 | | | | 4,708 | | | | 4,654 | |
207079145.SRDLC, 28.49%, 03/07/2029 (a)(s) | | Lending Club | | | 3/11/2024 | | | | 18,854 | | | | 18,108 | | | | 17,702 | |
207080362.SRDLC, 15.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/19/2024 | | | | 24,454 | | | | 23,505 | | | | 23,397 | |
207080684.SRDLC, 23.49%, 03/07/2027 (a)(s) | | Lending Club | | | 3/11/2024 | | | | 17,651 | | | | 16,967 | | | | 16,689 | |
207085467.SRDLC, 25.49%, 03/08/2027 (a)(s) | | Lending Club | | | 3/12/2024 | | | | 10,793 | | | | 10,375 | | | | 10,205 | |
207086715.SRDLC, 18.99%, 03/18/2026 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 6,758 | | | | 6,500 | | | | 6,459 | |
207087625.SRDLC, 30.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 2,948 | | | | 2,833 | | | | 2,789 | |
207089610.SRDLC, 30.99%, 03/08/2027 (a)(s) | | Lending Club | | | 3/12/2024 | | | | 4,914 | | | | 4,723 | | | | 4,625 | |
207097003.SRDLC, 13.24%, 03/07/2029 (a)(s) | | Lending Club | | | 3/11/2024 | | | | 8,226 | | | | 8,025 | | | | 8,076 | |
207099422.SRDLC, 27.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,909 | | | | 4,717 | | | | 4,648 | |
207099476.SRDLC, 30.99%, 03/11/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 20,354 | | | | 19,548 | | | | 19,126 | |
207101200.SRDLC, 32.39%, 03/16/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 14,965 | | | | 14,373 | | | | 14,296 | |
207103713.SRDLC, 28.99%, 03/11/2028 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 24,718 | | | | 23,747 | | | | 23,337 | |
207112547.SRDLC, 23.49%, 03/11/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 24,778 | | | | 23,800 | | | | 23,508 | |
207112757.SRDLC, 27.49%, 03/12/2027 (a)(s) | | Lending Club | | | 3/14/2024 | | | | 6,873 | | | | 6,605 | | | | 6,483 | |
207114179.SRDLC, 29.39%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 7,368 | | | | 7,080 | | | | 7,069 | |
207115908.SRDLC, 23.49%, 04/01/2029 (a)(p)(s) | | Lending Club | | | 3/20/2024 | | | | 20,000 | | | | 19,209 | | | | 18,999 | |
207116888.SRDLC, 29.99%, 03/15/2029 (a)(s) | | Lending Club | | | 3/19/2024 | | | | 4,963 | | | | 4,767 | | | | 4,686 | |
207124193.SRDLC, 15.24%, 03/15/2028 (a)(s) | | Lending Club | | | 3/19/2024 | | | | 15,756 | | | | 15,370 | | | | 15,483 | |
207125640.SRDLC, 29.99%, 03/15/2028 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 4,953 | | | | 4,758 | | | | 4,734 | |
207131144.SRDLC, 32.39%, 03/11/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 7,151 | | | | 6,868 | | | | 6,716 | |
207132650.SRDLC, 16.49%, 03/11/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 13,848 | | | | 13,508 | | | | 13,586 | |
207135412.SRDLC, 16.74%, 03/13/2029 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 39,569 | | | | 38,596 | | | | 38,793 | |
207135445.SRDLC, 14.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 5,378 | | | | 5,169 | | | | 5,149 | |
207137665.SRDLC, 32.39%, 03/15/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 9,569 | | | | 9,190 | | | | 9,141 | |
207138091.SRDLC, 30.99%, 04/01/2028 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 3,300 | | | | 3,169 | | | | 3,100 | |
207140260.SRDLC, 23.49%, 03/11/2027 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 20,593 | | | | 19,794 | | | | 19,493 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
104
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
207142341.SRDLC, 13.99%, 03/11/2026 (a)(s) | | Lending Club | | | 3/13/2024 | | | $ | 5,782 | | | $ | 5,564 | | | $ | 5,540 | |
207146346.SRDLC, 32.39%, 03/16/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 4,988 | | | | 4,791 | | | | 4,765 | |
207148926.SRDLC, 14.24%, 03/13/2027 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 39,103 | | | | 38,158 | | | | 38,248 | |
207150779.SRDLC, 28.49%, 03/11/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 9,427 | | | | 9,054 | | | | 8,866 | |
207158731.SRDLC, 28.99%, 03/11/2029 (a)(s) | | Lending Club | | | 3/13/2024 | | | | 9,924 | | | | 9,532 | | | | 9,332 | |
207160618.SRDLC, 10.49%, 03/15/2027 (a)(s) | | Lending Club | | | 3/21/2024 | | | | 38,028 | | | | 37,107 | | | | 37,297 | |
207160749.SRDLC, 25.49%, 03/20/2027 (a)(s) | | Lending Club | | | 3/19/2024 | | | | 5,909 | | | | 5,678 | | | | 5,677 | |
207162169.SRDLC, 26.99%, 03/12/2027 (a)(s) | | Lending Club | | | 3/14/2024 | | | | 2,945 | | | | 2,830 | | | | 2,778 | |
207165113.SRDLC, 16.24%, 03/13/2028 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 9,846 | | | | 9,606 | | | | 9,659 | |
207165820.SRDLC, 29.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 8,842 | | | | 8,496 | | | | 8,483 | |
207166180.SRDLC, 25.99%, 03/12/2027 (a)(s) | | Lending Club | | | 3/14/2024 | | | | 2,944 | | | | 2,830 | | | | 2,787 | |
207169074.SRDLC, 18.99%, 03/11/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,877 | | | | 4,688 | | | | 4,650 | |
207169379.SRDLC, 32.39%, 03/17/2029 (a)(s) | | Lending Club | | | 3/18/2024 | | | | 14,938 | | | | 14,346 | | | | 14,318 | |
207170097.SRDLC, 15.99%, 03/20/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 17,623 | | | | 16,939 | | | | 17,006 | |
207171643.SRDLC, 30.49%, 03/13/2029 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 17,373 | | | | 16,685 | | | | 16,352 | |
207175512.SRDLC, 28.49%, 02/28/2027 (a)(p)(s) | | Lending Club | | | 3/15/2024 | | | | 3,813 | | | | 3,662 | | | | 3,631 | |
207175929.SRDLC, 24.99%, 03/18/2027 (a)(p)(s) | | Lending Club | | | 3/20/2024 | | | | 19,500 | | | | 18,738 | | | | 18,534 | |
207176349.SRDLC, 23.99%, 03/13/2026 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 967 | | | | 930 | | | | 922 | |
207176648.SRDLC, 14.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,889 | | | | 4,699 | | | | 4,681 | |
207177400.SRDLC, 24.99%, 03/15/2027 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 9,432 | | | | 9,065 | | | | 9,046 | |
207177491.SRDLC, 28.49%, 03/13/2029 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 11,908 | | | | 11,437 | | | | 11,400 | |
207179660.SRDLC, 30.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/18/2024 | | | | 9,828 | | | | 9,444 | | | | 9,303 | |
207179986.SRDLC, 30.99%, 03/18/2028 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 14,839 | | | | 14,253 | | | | 14,075 | |
207180074.SRDLC, 15.99%, 03/01/2027 (a)(s) | | Lending Club | | | 3/19/2024 | | | | 24,299 | | | | 23,356 | | | | 23,233 | |
207180107.SRDLC, 27.49%, 04/01/2027 (a)(p)(s) | | Lending Club | | | 3/20/2024 | | | | 25,000 | | | | 24,023 | | | | 23,568 | |
207180876.SRDLC, 14.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 24,446 | | | | 23,497 | | | | 23,403 | |
207181343.SRDLC, 28.49%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 7,145 | | | | 6,862 | | | | 6,754 | |
207182667.SRDLC, 25.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 5,888 | | | | 5,658 | | | | 5,590 | |
207183671.SRDLC, 28.99%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 6,848 | | | | 6,576 | | | | 6,473 | |
207184380.SRDLC, 21.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 13,230 | | | | 12,715 | | | | 12,612 | |
207184669.SRDLC, 21.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 8,820 | | | | 8,476 | | | | 8,408 | |
207185311.SRDLC, 13.74%, 03/12/2027 (a)(p)(s) | | Lending Club | | | 3/14/2024 | | | | 6,483 | | | | 6,327 | | | | 6,356 | |
207185428.SRDLC, 22.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 9,803 | | | | 9,421 | | | | 9,343 | |
207185942.SRDLC, 18.99%, 03/14/2029 (a)(s) | | Lending Club | | | 3/18/2024 | | | | 29,697 | | | | 28,964 | | | | 29,138 | |
207186771.SRDLC, 25.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 13,246 | | | | 12,730 | | | | 12,576 | |
207187282.SRDLC, 23.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 9,806 | | | | 9,424 | | | | 9,314 | |
207187403.SRDLC, 20.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 9,797 | | | | 9,415 | | | | 9,341 | |
207188259.SRDLC, 32.39%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 13,904 | | | | 13,353 | | | | 13,128 | |
207189445.SRDLC, 28.49%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 6,809 | | | | 6,539 | | | | 6,434 | |
207191972.SRDLC, 30.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 7,666 | | | | 7,366 | | | | 7,252 | |
207192647.SRDLC, 22.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 14,704 | | | | 14,132 | | | | 14,015 | |
207192864.SRDLC, 18.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 1,958 | | | | 1,882 | | | | 1,868 | |
207203419.SRDLC, 30.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 3,931 | | | | 3,778 | | | | 3,719 | |
207204473.SRDLC, 27.49%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 24,802 | | | | 23,820 | | | | 23,455 | |
207204843.SRDLC, 32.39%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 11,918 | | | | 11,445 | | | | 11,253 | |
207204933.SRDLC, 30.99%, 03/18/2028 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 14,839 | | | | 14,253 | | | | 14,075 | |
207206158.SRDLC, 8.99%, 03/13/2027 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 17,563 | | | | 17,140 | | | | 17,226 | |
207206340.SRDLC, 11.12%, 03/25/2027 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 11,327 | | | | 11,054 | | | | 11,104 | |
207207913.SRDLC, 21.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 7,644 | | | | 7,346 | | | | 7,287 | |
207208535.SRDLC, 26.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 3,428 | | | | 3,294 | | | | 3,253 | |
207210284.SRDLC, 32.39%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 24,829 | | | | 23,844 | | | | 23,443 | |
207213262.SRDLC, 14.99%, 03/13/2027 (a)(s) | | Lending Club | | | 3/15/2024 | | | | 14,667 | | | | 14,313 | | | | 14,344 | |
207214307.SRDLC, 32.39%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 15,791 | | | | 15,165 | | | | 14,910 | |
207215838.SRDLC, 27.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 12,423 | | | | 11,937 | | | | 11,818 | |
207217425.SRDLC, 28.99%, 03/18/2026 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,844 | | | | 4,658 | | | | 4,603 | |
207217634.SRDLC, 23.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 3,922 | | | | 3,770 | | | | 3,726 | |
207219726.SRDLC, 21.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,900 | | | | 4,709 | | | | 4,671 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
105
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
207221012.SRDLC, 23.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | $ | 8,335 | | | $ | 8,010 | | | $ | 7,917 | |
207222163.SRDLC, 24.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 8,830 | | | | 8,485 | | | | 8,384 | |
207222679.SRDLC, 23.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 19,612 | | | | 18,848 | | | | 18,628 | |
207222770.SRDLC, 22.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 9,803 | | | | 9,421 | | | | 9,343 | |
207223247.SRDLC, 25.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 11,776 | | | | 11,317 | | | | 11,180 | |
207224170.SRDLC, 28.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 7,895 | | | | 7,587 | | | | 7,578 | |
207224646.SRDLC, 16.74%, 03/14/2026 (a)(s) | | Lending Club | | | 3/18/2024 | | | | 19,293 | | | | 18,834 | | | | 18,852 | |
207226606.SRDLC, 30.99%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 24,822 | | | | 23,837 | | | | 23,446 | |
207226785.SRDLC, 30.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,914 | | | | 4,722 | | | | 4,649 | |
207227185.SRDLC, 24.99%, 03/18/2028 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 23,704 | | | | 22,771 | | | | 22,586 | |
207228981.SRDLC, 32.39%, 03/18/2029 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 8,442 | | | | 8,107 | | | | 7,971 | |
207230361.SRDLC, 23.49%, 03/18/2027 (a)(p)(s) | | Lending Club | | | 3/20/2024 | | | | 8,720 | | | | 8,379 | | | | 8,276 | |
207230763.SRDLC, 14.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,522 | | | | 4,347 | | | | 4,330 | |
207234257.SRDLC, 16.49%, 03/14/2029 (a)(s) | | Lending Club | | | 3/18/2024 | | | | 14,121 | | | | 13,773 | | | | 13,886 | |
207234578.SRDLC, 31.89%, 03/18/2028 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 2,375 | | | | 2,281 | | | | 2,252 | |
207235359.SRDLC, 26.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,908 | | | | 4,717 | | | | 4,647 | |
207236121.SRDLC, 23.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 5,393 | | | | 5,183 | | | | 5,123 | |
207236531.SRDLC, 29.39%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 4,322 | | | | 4,154 | | | | 4,090 | |
207239721.SRDLC, 26.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 2,945 | | | | 2,830 | | | | 2,788 | |
207241126.SRDLC, 30.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 2,948 | | | | 2,833 | | | | 2,789 | |
207241657.SRDLC, 27.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 6,873 | | | | 6,604 | | | | 6,597 | |
207246435.SRDLC, 9.24%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 16,491 | | | | 16,092 | | | | 16,179 | |
207255490.SRDLC, 7.99%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 22,237 | | | | 21,700 | | | | 21,847 | |
207257867.SRDLC, 10.74%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 1,562 | | | | 1,524 | | | | 1,532 | |
207268640.SRDLC, 13.25%, 04/15/2029 (a)(s) | | Lending Club | | | 4/15/2024 | | | | 14,000 | | | | 13,652 | | | | 13,836 | |
207268676.SRDLC, 10.49%, 03/18/2027 (a)(s) | | Lending Club | | | 3/20/2024 | | | | 29,287 | | | | 28,579 | | | | 28,726 | |
207292980.SRDLC, 12.24%, 03/22/2027 (a)(s) | | Lending Club | | | 3/26/2024 | | | | 12,699 | | | | 12,390 | | | | 12,446 | |
207295338.SRDLC, 32.39%, 04/02/2029 (a)(s) | | Lending Club | | | 4/4/2024 | | | | 12,000 | | | | 11,523 | | | | 11,283 | |
207299205.SRDLC, 14.99%, 04/09/2027 (a)(s) | | Lending Club | | | 4/11/2024 | | | | 17,000 | | | | 16,330 | | | | 16,233 | |
207307173.SRDLC, 27.49%, 04/10/2027 (a)(s) | | Lending Club | | | 4/12/2024 | | | | 15,000 | | | | 14,407 | | | | 14,225 | |
207312251.SRDLC, 19.99%, 03/20/2029 (a)(s) | | Lending Club | | | 3/22/2024 | | | | 39,607 | | | | 38,629 | | | | 38,749 | |
207321373.SRDLC, 13.62%, 03/20/2027 (a)(s) | | Lending Club | | | 3/22/2024 | | | | 19,414 | | | | 18,942 | | | | 19,010 | |
207326146.SRDLC, 12.24%, 03/27/2029 (a)(s) | | Lending Club | | | 3/22/2024 | | | | 23,121 | | | | 22,553 | | | | 22,838 | |
207345337.SRDLC, 14.24%, 04/22/2026 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 4,800 | | | | 4,681 | | | | 4,710 | |
207351023.SRDLC, 10.74%, 04/04/2027 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 6,000 | | | | 5,853 | | | | 5,904 | |
207355424.SRDLC, 9.24%, 03/21/2027 (a)(s) | | Lending Club | | | 3/25/2024 | | | | 11,709 | | | | 11,425 | | | | 11,491 | |
207359134.SRDLC, 25.49%, 03/21/2029 (a)(s) | | Lending Club | | | 3/25/2024 | | | | 24,790 | | | | 24,176 | | | | 24,189 | |
207369529.SRDLC, 18.49%, 04/12/2028 (a)(s) | | Lending Club | | | 4/16/2024 | | | | 15,000 | | | | 14,404 | | | | 14,320 | |
207371590.SRDLC, 8.24%, 03/22/2027 (a)(s) | | Lending Club | | | 3/26/2024 | | | | 14,514 | | | | 14,162 | | | | 14,262 | |
207392814.SRDLC, 32.39%, 04/15/2029 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 11,700 | | | | 11,233 | | | | 11,106 | |
207395613.SRDLC, 16.24%, 03/28/2027 (a)(s) | | Lending Club | | | 4/1/2024 | | | | 7,826 | | | | 7,634 | | | | 7,682 | |
207398110.SRDLC, 14.95%, 03/25/2028 (a)(s) | | Lending Club | | | 3/27/2024 | | | | 19,693 | | | | 19,209 | | | | 19,425 | |
207400295.SRDLC, 23.49%, 04/01/2027 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 2,500 | | | | 2,402 | | | | 2,367 | |
207411843.SRDLC, 21.49%, 04/05/2026 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 1,500 | | | | 1,441 | | | | 1,430 | |
207431911.SRDLC, 8.99%, 03/26/2027 (a)(s) | | Lending Club | | | 3/28/2024 | | | | 5,854 | | | | 5,712 | | | | 5,747 | |
207438976.SRDLC, 27.49%, 04/05/2027 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 5,000 | | | | 4,803 | | | | 4,732 | |
207444404.SRDLC, 21.49%, 04/03/2026 (a)(s) | | Lending Club | | | 4/5/2024 | | | | 19,000 | | | | 18,262 | | | | 18,094 | |
207451472.SRDLC, 32.39%, 04/04/2029 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 15,000 | | | | 14,402 | | | | 14,143 | |
207452833.SRDLC, 20.49%, 04/01/2027 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 10,000 | | | | 9,607 | | | | 9,497 | |
207454646.SRDLC, 31.89%, 04/02/2028 (a)(s) | | Lending Club | | | 4/4/2024 | | | | 10,900 | | | | 10,468 | | | | 10,247 | |
207460535.SRDLC, 32.39%, 04/03/2029 (a)(s) | | Lending Club | | | 4/5/2024 | | | | 10,000 | | | | 9,602 | | | | 9,409 | |
207461718.SRDLC, 23.74%, 04/05/2029 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 40,000 | | | | 39,006 | | | | 39,118 | |
207462446.SRDLC, 32.39%, 04/16/2029 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 5,500 | | | | 5,281 | | | | 5,221 | |
207466353.SRDLC, 20.99%, 04/05/2029 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 25,000 | | | | 24,007 | | | | 23,799 | |
207473074.SRDLC, 26.49%, 04/03/2027 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 10,000 | | | | 9,607 | | | | 9,465 | |
207473817.SRDLC, 23.99%, 04/10/2026 (a)(s) | | Lending Club | | | 4/12/2024 | | | | 3,400 | | | | 3,267 | | | | 3,238 | |
207474306.SRDLC, 26.49%, 04/15/2027 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 1,500 | | | | 1,440 | | | | 1,429 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
106
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
207475754.SRDLC, 32.39%, 04/10/2029 (a)(s) | | Lending Club | | | 4/12/2024 | | | $ | 9,000 | | | $ | 8,641 | | | $ | 8,512 | |
207482053.SRDLC, 21.49%, 04/05/2026 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 4,400 | | | | 4,228 | | | | 4,194 | |
207486299.SRDLC, 21.49%, 04/01/2026 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 14,296 | | | | 13,741 | | | | 13,640 | |
207487765.SRDLC, 22.49%, 04/01/2028 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 20,000 | | | | 19,209 | | | | 19,009 | |
207488823.SRDLC, 25.49%, 04/01/2027 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 4,000 | | | | 3,843 | | | | 3,786 | |
207490408.SRDLC, 11.49%, 03/20/2027 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 38,885 | | | | 37,930 | | | | 38,191 | |
207490555.SRDLC, 23.49%, 04/10/2027 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 5,361 | | | | 5,150 | | | | 5,090 | |
207493009.SRDLC, 25.49%, 04/01/2027 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 2,500 | | | | 2,402 | | | | 2,366 | |
207493587.SRDLC, 30.99%, 04/01/2027 (a)(s) | | Lending Club | | | 4/3/2024 | | | | 1,000 | | | | 961 | | | | 943 | |
207496617.SRDLC, 25.49%, 04/02/2026 (a)(s) | | Lending Club | | | 4/4/2024 | | | | 25,000 | | | | 24,028 | | | | 23,732 | |
207504166.SRDLC, 19.49%, 04/02/2026 (a)(s) | | Lending Club | | | 4/4/2024 | | | | 7,200 | | | | 6,921 | | | | 6,856 | |
207506182.SRDLC, 23.49%, 04/03/2026 (a)(s) | | Lending Club | | | 4/5/2024 | | | | 910 | | | | 875 | | | | 867 | |
207508713.SRDLC, 21.49%, 04/09/2027 (a)(s) | | Lending Club | | | 4/11/2024 | | | | 15,000 | | | | 14,408 | | | | 14,285 | |
207508898.SRDLC, 15.24%, 04/02/2028 (a)(s) | | Lending Club | | | 4/4/2024 | | | | 18,000 | | | | 17,556 | | | | 17,707 | |
207511749.SRDLC, 10.74%, 04/16/2027 (a)(s) | | Lending Club | | | 4/5/2024 | | | | 5,500 | | | | 5,365 | | | | 5,413 | |
207513420.SRDLC, 17.49%, 04/02/2028 (a)(s) | | Lending Club | | | 4/4/2024 | | | | 20,000 | | | | 19,210 | | | | 19,027 | |
207513722.SRDLC, 24.49%, 03/26/2029 (a)(s) | | Lending Club | | | 4/5/2024 | | | | 11,839 | | | | 11,368 | | | | 11,239 | |
207515918.SRDLC, 32.39%, 04/10/2029 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 8,000 | | | | 7,681 | | | | 7,549 | |
207520044.SRDLC, 7.99%, 04/02/2027 (a)(s) | | Lending Club | | | 4/4/2024 | | | | 28,000 | | | | 27,315 | | | | 27,588 | |
207522441.SRDLC, 21.49%, 04/04/2026 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 8,000 | | | | 7,688 | | | | 7,624 | |
207525423.SRDLC, 32.39%, 04/04/2029 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 5,000 | | | | 4,801 | | | | 4,714 | |
207526774.SRDLC, 23.99%, 04/09/2026 (a)(s) | | Lending Club | | | 4/11/2024 | | | | 6,000 | | | | 5,765 | | | | 5,711 | |
207531475.SRDLC, 23.24%, 04/01/2029 (a)(s) | | Lending Club | | | 4/4/2024 | | | | 13,500 | | | | 13,165 | | | | 13,208 | |
207542120.SRDLC, 27.99%, 04/18/2028 (a)(s) | | Lending Club | | | 4/11/2024 | | | | 8,000 | | | | 7,682 | | | | 7,564 | |
207544906.SRDLC, 28.49%, 04/08/2028 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 9,500 | | | | 9,123 | | | | 8,974 | |
207546369.SRDLC, 23.99%, 04/05/2026 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 25,000 | | | | 24,023 | | | | 23,776 | |
207556646.SRDLC, 29.39%, 04/07/2027 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 11,000 | | | | 10,565 | | | | 10,404 | |
207557225.SRDLC, 29.49%, 04/15/2027 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 4,000 | | | | 3,842 | | | | 3,789 | |
207559433.SRDLC, 19.99%, 04/04/2027 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 8,000 | | | | 7,685 | | | | 7,610 | |
207562572.SRDLC, 23.99%, 04/04/2028 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 7,700 | | | | 7,395 | | | | 7,293 | |
207564294.SRDLC, 28.49%, 04/05/2027 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 11,000 | | | | 10,565 | | | | 10,410 | |
207565164.SRDLC, 27.49%, 04/04/2026 (a)(s) | | Lending Club | | | 4/8/2024 | | | | 5,000 | | | | 4,805 | | | | 4,738 | |
207566002.SRDLC, 14.99%, 04/10/2027 (a)(s) | | Lending Club | | | 4/12/2024 | | | | 7,700 | | | | 7,396 | | | | 7,355 | |
207576184.SRDLC, 21.99%, 04/05/2026 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 3,500 | | | | 3,363 | | | | 3,336 | |
207576650.SRDLC, 29.89%, 04/17/2028 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 8,000 | | | | 7,682 | | | | 7,557 | |
207580395.SRDLC, 21.49%, 04/08/2026 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 7,000 | | | | 6,726 | | | | 6,675 | |
207581402.SRDLC, 27.99%, 04/08/2028 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 7,200 | | | | 6,914 | | | | 6,801 | |
207586483.SRDLC, 28.49%, 04/08/2029 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 16,000 | | | | 15,363 | | | | 15,116 | |
207592478.SRDLC, 23.99%, 04/08/2027 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 10,800 | | | | 10,374 | | | | 10,257 | |
207593904.SRDLC, 21.49%, 04/17/2027 (a)(s) | | Lending Club | | | 4/19/2024 | | | | 15,000 | | | | 14,405 | | | | 14,326 | |
207594132.SRDLC, 32.39%, 03/25/2029 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 5,889 | | | | 5,654 | | | | 5,587 | |
207596115.SRDLC, 27.49%, 04/10/2027 (a)(s) | | Lending Club | | | 4/12/2024 | | | | 5,500 | | | | 5,282 | | | | 5,216 | |
207597961.SRDLC, 18.49%, 04/08/2027 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 5,000 | | | | 4,803 | | | | 4,772 | |
207598039.SRDLC, 19.49%, 04/08/2027 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 6,500 | | | | 6,244 | | | | 6,189 | |
207601108.SRDLC, 26.99%, 04/08/2027 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 2,000 | | | | 1,921 | | | | 1,895 | |
207601979.SRDLC, 26.49%, 04/08/2028 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 11,400 | | | | 10,948 | | | | 10,808 | |
207602179.SRDLC, 30.49%, 04/20/2029 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 17,050 | | | | 16,371 | | | | 16,110 | |
207602725.SRDLC, 30.49%, 04/08/2029 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 7,900 | | | | 7,585 | | | | 7,462 | |
207605863.SRDLC, 27.49%, 04/09/2027 (a)(s) | | Lending Club | | | 4/11/2024 | | | | 10,500 | | | | 10,085 | | | | 9,952 | |
207607756.SRDLC, 23.49%, 04/08/2027 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 18,900 | | | | 18,154 | | | | 17,951 | |
207608253.SRDLC, 27.49%, 04/08/2026 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 7,500 | | | | 7,206 | | | | 7,115 | |
207611503.SRDLC, 25.49%, 04/08/2027 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 3,500 | | | | 3,362 | | | | 3,324 | |
207611533.SRDLC, 27.49%, 04/08/2026 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 4,000 | | | | 3,843 | | | | 3,795 | |
207613225.SRDLC, 12.24%, 04/05/2029 (a)(s) | | Lending Club | | | 4/9/2024 | | | | 10,000 | | | | 9,752 | | | | 9,892 | |
207617133.SRDLC, 32.39%, 04/10/2029 (a)(s) | | Lending Club | | | 4/12/2024 | | | | 14,000 | | | | 13,442 | | | | 13,241 | |
207618630.SRDLC, 30.99%, 04/02/2027 (a)(s) | | Lending Club | | | 4/15/2024 | | | | 6,000 | | | | 5,762 | | | | 5,696 | |
207619524.SRDLC, 19.49%, 04/11/2027 (a)(s) | | Lending Club | | | 4/15/2024 | | | | 6,000 | | | | 5,763 | | | | 5,722 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
107
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
207622387.SRDLC, 21.49%, 04/10/2026 (a)(s) | | Lending Club | | | 4/12/2024 | | | $ | 3,500 | | | $ | 3,363 | | | $ | 3,339 | |
207623639.SRDLC, 14.99%, 04/11/2027 (a)(s) | | Lending Club | | | 4/15/2024 | | | | 20,000 | | | | 19,209 | | | | 19,114 | |
207626764.SRDLC, 12.99%, 04/27/2026 (a)(s) | | Lending Club | | | 4/29/2024 | | | | 13,000 | | | | 12,481 | | | | 12,468 | |
207628434.SRDLC, 11.49%, 04/16/2028 (a)(s) | | Lending Club | | | 4/10/2024 | | | | 15,000 | | | | 14,629 | | | | 14,817 | |
207634856.SRDLC, 32.39%, 04/11/2029 (a)(s) | | Lending Club | | | 4/15/2024 | | | | 10,000 | | | | 9,601 | | | | 9,477 | |
207637239.SRDLC, 28.49%, 04/12/2028 (a)(s) | | Lending Club | | | 4/16/2024 | | | | 8,500 | | | | 8,162 | | | | 8,063 | |
207645534.SRDLC, 30.99%, 04/22/2027 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 2,500 | | | | 2,400 | | | | 2,387 | |
207648756.SRDLC, 31.89%, 04/17/2028 (a)(s) | | Lending Club | | | 4/16/2024 | | | | 2,672 | | | | 2,566 | | | | 2,538 | |
207659022.SRDLC, 26.49%, 04/22/2028 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 14,000 | | | | 13,441 | | | | 13,375 | |
207664379.SRDLC, 29.89%, 04/11/2028 (a)(s) | | Lending Club | | | 4/15/2024 | | | | 6,000 | | | | 5,761 | | | | 5,687 | |
207683802.SRDLC, 14.99%, 04/12/2027 (a)(s) | | Lending Club | | | 4/16/2024 | | | | 6,500 | | | | 6,243 | | | | 6,213 | |
207683985.SRDLC, 28.99%, 04/18/2026 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 7,000 | | | | 6,722 | | | | 6,680 | |
207686565.SRDLC, 22.49%, 04/22/2028 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 5,500 | | | | 5,281 | | | | 5,263 | |
207686904.SRDLC, 21.49%, 04/23/2026 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 5,000 | | | | 4,801 | | | | 4,787 | |
207704649.SRDLC, 21.49%, 04/16/2026 (a)(s) | | Lending Club | | | 4/18/2024 | | | | 10,500 | | | | 10,086 | | | | 10,034 | |
207714040.SRDLC, 32.39%, 04/19/2029 (a)(s) | | Lending Club | | | 4/23/2024 | | | | 9,500 | | | | 9,121 | | | | 9,056 | |
207717018.SRDLC, 23.49%, 04/12/2027 (a)(s) | | Lending Club | | | 4/16/2024 | | | | 7,000 | | | | 6,723 | | | | 6,666 | |
207717030.SRDLC, 12.99%, 04/12/2026 (a)(s) | | Lending Club | | | 4/16/2024 | | | | 2,500 | | | | 2,402 | | | | 2,393 | |
207722460.SRDLC, 23.99%, 04/23/2028 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 24,000 | | | | 23,042 | | | | 22,945 | |
207724482.SRDLC, 21.99%, 04/16/2026 (a)(s) | | Lending Club | | | 4/18/2024 | | | | 9,600 | | | | 9,221 | | | | 9,174 | |
207726770.SRDLC, 25.99%, 04/12/2028 (a)(s) | | Lending Club | | | 4/16/2024 | | | | 15,100 | | | | 14,499 | | | | 14,362 | |
207727396.SRDLC, 21.49%, 04/15/2026 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 5,500 | | | | 5,283 | | | | 5,255 | |
207739061.SRDLC, 32.39%, 04/10/2029 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 7,000 | | | | 6,721 | | | | 6,644 | |
207740932.SRDLC, 28.99%, 04/22/2026 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 7,800 | | | | 7,490 | | | | 7,452 | |
207742153.SRDLC, 25.49%, 04/23/2026 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 5,000 | | | | 4,801 | | | | 4,784 | |
207743999.SRDLC, 21.49%, 04/16/2027 (a)(s) | | Lending Club | | | 4/18/2024 | | | | 12,000 | | | | 11,524 | | | | 11,456 | |
207745673.SRDLC, 19.49%, 04/15/2027 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 5,850 | | | | 5,618 | | | | 5,584 | |
207747299.SRDLC, 21.49%, 04/12/2026 (a)(s) | | Lending Club | | | 4/16/2024 | | | | 2,000 | | | | 1,921 | | | | 1,910 | |
207751602.SRDLC, 26.49%, 04/15/2029 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 19,100 | | | | 18,339 | | | | 18,191 | |
207752990.SRDLC, 26.99%, 04/15/2029 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 14,150 | | | | 13,586 | | | | 13,437 | |
207753283.SRDLC, 30.99%, 04/15/2027 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 3,000 | | | | 2,881 | | | | 2,853 | |
207754058.SRDLC, 23.99%, 04/18/2026 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 3,200 | | | | 3,073 | | | | 3,058 | |
207755005.SRDLC, 21.99%, 04/15/2026 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 1,000 | | | | 961 | | | | 955 | |
207756401.SRDLC, 21.99%, 04/15/2028 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 2,444 | | | | 2,347 | | | | 2,334 | |
207756636.SRDLC, 28.99%, 04/15/2029 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 5,000 | | | | 4,801 | | | | 4,747 | |
207757122.SRDLC, 24.99%, 04/15/2027 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 5,000 | | | | 4,802 | | | | 4,764 | |
207763271.SRDLC, 32.39%, 04/15/2029 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 10,400 | | | | 9,985 | | | | 9,872 | |
207764031.SRDLC, 30.99%, 04/15/2027 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 6,600 | | | | 6,338 | | | | 6,276 | |
207766618.SRDLC, 13.49%, 04/24/2029 (a)(s) | | Lending Club | | | 4/26/2024 | | | | 40,000 | | | | 39,002 | | | | 39,604 | |
207766989.SRDLC, 25.99%, 04/15/2028 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 24,000 | | | | 23,045 | | | | 22,842 | |
207769466.SRDLC, 23.49%, 04/19/2027 (a)(p)(s) | | Lending Club | | | 4/23/2024 | | | | 12,500 | | | | 12,002 | | | | 11,919 | |
207769625.SRDLC, 31.89%, 04/23/2028 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 4,000 | | | | 3,840 | | | | 3,819 | |
207771683.SRDLC, 26.49%, 04/15/2026 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 5,000 | | | | 4,803 | | | | 4,769 | |
207774063.SRDLC, 17.99%, 04/26/2026 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 4,500 | | | | 4,320 | | | | 4,320 | |
207776688.SRDLC, 26.49%, 04/15/2029 (a)(s) | | Lending Club | | | 4/17/2024 | | | | 24,000 | | | | 23,043 | | | | 22,858 | |
207779178.SRDLC, 21.99%, 04/16/2028 (a)(s) | | Lending Club | | | 4/18/2024 | | | | 4,500 | | | | 4,321 | | | | 4,298 | |
207790546.SRDLC, 26.49%, 04/16/2029 (a)(s) | | Lending Club | | | 4/18/2024 | | | | 9,500 | | | | 9,121 | | | | 9,052 | |
207794060.SRDLC, 29.49%, 04/16/2028 (a)(s) | | Lending Club | | | 4/18/2024 | | | | 9,600 | | | | 9,218 | | | | 9,120 | |
207796166.SRDLC, 23.49%, 04/16/2026 (a)(s) | | Lending Club | | | 4/18/2024 | | | | 10,450 | | | | 10,038 | | | | 9,974 | |
207799221.SRDLC, 27.49%, 04/19/2027 (a)(s) | | Lending Club | | | 4/23/2024 | | | | 10,000 | | | | 9,602 | | | | 9,543 | |
207800233.SRDLC, 25.49%, 04/16/2027 (a)(s) | | Lending Club | | | 4/18/2024 | | | | 6,500 | | | | 6,242 | | | | 6,196 | |
207803705.SRDLC, 19.49%, 04/22/2029 (a)(s) | | Lending Club | | | 4/19/2024 | | | | 13,725 | | | | 13,383 | | | | 13,542 | |
207805589.SRDLC, 26.99%, 04/22/2027 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 10,000 | | | | 9,602 | | | | 9,551 | |
207807405.SRDLC, 17.99%, 04/18/2026 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 3,000 | | | | 2,881 | | | | 2,873 | |
207807774.SRDLC, 32.39%, 04/17/2029 (a)(s) | | Lending Club | | | 4/19/2024 | | | | 14,000 | | | | 13,441 | | | | 13,308 | |
207811264.SRDLC, 31.89%, 04/30/2028 (a)(s) | | Lending Club | | | 4/29/2024 | | | | 10,800 | | | | 10,368 | | | | 10,341 | |
207812981.SRDLC, 28.99%, 04/17/2026 (a)(s) | | Lending Club | | | 4/19/2024 | | | | 11,000 | | | | 10,565 | | | | 10,482 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
108
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
207817410.SRDLC, 22.49%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | $ | 10,000 | | | $ | 9,602 | | | $ | 9,570 | |
207818343.SRDLC, 30.99%, 04/17/2029 (a)(s) | | Lending Club | | | 4/19/2024 | | | | 20,000 | | | | 19,202 | | | | 19,014 | |
207818370.SRDLC, 19.99%, 04/18/2029 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 5,000 | | | | 4,801 | | | | 4,781 | |
207819257.SRDLC, 16.74%, 04/24/2028 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 40,000 | | | | 39,003 | | | | 39,437 | |
207819377.SRDLC, 26.99%, 04/24/2029 (a)(s) | | Lending Club | | | 4/26/2024 | | | | 7,000 | | | | 6,720 | | | | 6,690 | |
207820394.SRDLC, 16.49%, 04/17/2028 (a)(s) | | Lending Club | | | 4/19/2024 | | | | 8,000 | | | | 7,801 | | | | 7,878 | |
207827320.SRDLC, 12.49%, 04/18/2028 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 15,000 | | | | 14,627 | | | | 14,808 | |
207830961.SRDLC, 26.99%, 04/18/2029 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 15,000 | | | | 14,401 | | | | 14,294 | |
207832196.SRDLC, 21.49%, 04/17/2027 (a)(s) | | Lending Club | | | 4/19/2024 | | | | 9,500 | | | | 9,123 | | | | 9,073 | |
207837332.SRDLC, 25.49%, 04/18/2027 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 11,000 | | | | 10,562 | | | | 10,503 | |
207840125.SRDLC, 14.99%, 04/18/2027 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 9,000 | | | | 8,642 | | | | 8,615 | |
207847936.SRDLC, 25.49%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 15,000 | | | | 14,402 | | | | 14,344 | |
207852113.SRDLC, 25.99%, 04/18/2028 (a)(s) | | Lending Club | | | 4/22/2024 | | | | 11,000 | | | | 10,561 | | | | 10,497 | |
207855963.SRDLC, 29.49%, 04/19/2027 (a)(s) | | Lending Club | | | 4/23/2024 | | | | 13,500 | | | | 12,962 | | | | 12,881 | |
207862608.SRDLC, 23.99%, 04/22/2027 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 10,000 | | | | 9,602 | | | | 9,559 | |
207864432.SRDLC, 31.89%, 04/19/2028 (a)(s) | | Lending Club | | | 4/23/2024 | | | | 8,000 | | | | 7,681 | | | | 7,625 | |
207866407.SRDLC, 23.99%, 04/22/2028 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 22,000 | | | | 21,122 | | | | 21,022 | |
207886285.SRDLC, 23.49%, 04/22/2027 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 6,000 | | | | 5,761 | | | | 5,736 | |
207890088.SRDLC, 16.49%, 04/23/2029 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 12,500 | | | | 12,188 | | | | 12,361 | |
207890481.SRDLC, 32.39%, 04/24/2029 (a)(s) | | Lending Club | | | 4/26/2024 | | | | 10,000 | | | | 9,600 | | | | 9,554 | |
207891634.SRDLC, 32.39%, 04/28/2029 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 20,000 | | | | 19,201 | | | | 19,081 | |
207894447.SRDLC, 21.49%, 04/24/2026 (a)(s) | | Lending Club | | | 4/26/2024 | | | | 20,000 | | | | 19,204 | | | | 19,154 | |
207898355.SRDLC, 13.99%, 04/22/2027 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 15,000 | | | | 14,403 | | | | 14,368 | |
207900316.SRDLC, 27.49%, 04/22/2029 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 6,500 | | | | 6,240 | | | | 6,203 | |
207902617.SRDLC, 32.39%, 04/22/2029 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 8,000 | | | | 7,680 | | | | 7,632 | |
207903003.SRDLC, 31.89%, 04/26/2028 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 11,000 | | | | 10,560 | | | | 10,560 | |
207903452.SRDLC, 17.99%, 04/22/2026 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 4,500 | | | | 4,321 | | | | 4,311 | |
207904809.SRDLC, 21.99%, 04/22/2028 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 15,200 | | | | 14,594 | | | | 14,545 | |
207907261.SRDLC, 14.99%, 05/05/2027 (a)(s) | | Lending Club | | | 4/24/2024 | | | | 20,000 | | | | 19,204 | | | | 19,156 | |
207915481.SRDLC, 29.99%, 04/23/2028 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 3,175 | | | | 3,048 | | | | 3,032 | |
207916548.SRDLC, 23.49%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 20,000 | | | | 19,203 | | | | 19,128 | |
207917908.SRDLC, 14.99%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 2,750 | | | | 2,640 | | | | 2,635 | |
207918199.SRDLC, 30.99%, 04/23/2029 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 6,000 | | | | 5,760 | | | | 5,729 | |
207918393.SRDLC, 21.49%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 6,500 | | | | 6,241 | | | | 6,221 | |
207918931.SRDLC, 30.99%, 04/24/2027 (a)(s) | | Lending Club | | | 4/26/2024 | | | | 10,500 | | | | 10,081 | | | | 10,037 | |
207919387.SRDLC, 31.89%, 04/23/2028 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 10,000 | | | | 9,601 | | | | 9,547 | |
207919516.SRDLC, 27.49%, 04/23/2026 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 7,000 | | | | 6,722 | | | | 6,692 | |
207919603.SRDLC, 23.49%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 8,000 | | | | 7,681 | | | | 7,651 | |
207922466.SRDLC, 21.49%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 14,000 | | | | 13,442 | | | | 13,399 | |
207923143.SRDLC, 14.99%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 5,200 | | | | 4,993 | | | | 4,982 | |
207923330.SRDLC, 30.49%, 04/26/2029 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 10,725 | | | | 10,296 | | | | 10,296 | |
207923407.SRDLC, 24.49%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 9,000 | | | | 8,641 | | | | 8,607 | |
207924509.SRDLC, 17.99%, 04/23/2029 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 9,750 | | | | 9,361 | | | | 9,335 | |
207925547.SRDLC, 21.49%, 04/23/2027 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 5,125 | | | | 4,921 | | | | 4,905 | |
207926420.SRDLC, 14.99%, 04/23/2027 (a)(p)(s) | | Lending Club | | | 4/25/2024 | | | | 9,600 | | | | 9,218 | | | | 9,244 | |
207926442.SRDLC, 24.99%, 04/23/2029 (a)(s) | | Lending Club | | | 4/25/2024 | | | | 16,000 | | | | 15,361 | | | | 15,300 | |
207927675.SRDLC, 19.49%, 04/24/2026 (a)(s) | | Lending Club | | | 4/26/2024 | | | | 1,500 | | | | 1,440 | | | | 1,437 | |
207930227.SRDLC, 17.49%, 04/24/2028 (a)(s) | | Lending Club | | | 4/26/2024 | | | | 25,000 | | | | 24,002 | | | | 23,945 | |
207935335.SRDLC, 32.39%, 04/25/2029 (a)(s) | | Lending Club | | | 4/29/2024 | | | | 6,000 | | | | 5,760 | | | | 5,744 | |
207938063.SRDLC, 21.49%, 04/26/2027 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 4,000 | | | | 3,840 | | | | 3,840 | |
207938657.SRDLC, 27.49%, 04/25/2026 (a)(s) | | Lending Club | | | 4/29/2024 | | | | 6,000 | | | | 5,760 | | | | 5,747 | |
207942096.SRDLC, 28.99%, 04/26/2026 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 1,200 | | | | 1,152 | | | | 1,152 | |
207945271.SRDLC, 21.49%, 04/26/2027 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 5,400 | | | | 5,184 | | | | 5,184 | |
207947980.SRDLC, 30.49%, 04/26/2029 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 12,900 | | | | 12,384 | | | | 12,384 | |
207952174.SRDLC, 14.99%, 04/26/2027 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 11,500 | | | | 11,040 | | | | 11,040 | |
207958152.SRDLC, 24.49%, 04/26/2026 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 10,000 | | | | 9,600 | | | | 9,600 | |
207962203.SRDLC, 27.49%, 04/26/2026 (a)(s) | | Lending Club | | | 4/30/2024 | | | | 10,000 | | | | 9,600 | | | | 9,600 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
109
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
CBM3902241.SRDUP, 20.11%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | $ | 1,376 | | | $ | 1,369 | | | $ | 1,339 | |
CBM3902412.SRDUP, 25.25%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,512 | | | | 4,492 | | | | 4,425 | |
CBM3908661.SRDUP, 23.08%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 4,859 | | | | 4,835 | | | | 449 | |
CBM3908662.SRDUP, 19.68%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 921 | | | | 917 | | | | 896 | |
CBM3909688.SRDUP, 19.38%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,578 | | | | 4,557 | | | | 4,471 | |
CBM3909778.SRDUP, 30.21%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,039 | | | | 1,034 | | | | 505 | |
CBM3909789.SRDUP, 22.24%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 831 | | | | 827 | | | | 814 | |
CBM3909800.SRDUP, 28.26%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,427 | | | | 2,415 | | | | 2,353 | |
CBM3909833.SRDUP, 18.53%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 8,231 | | | | 8,196 | | | | 8,057 | |
CBM3909834.SRDUP, 22.43%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,562 | | | | 3,545 | | | | 3,463 | |
CBM3909848.SRDUP, 25.30%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,605 | | | | 4,585 | | | | 4,485 | |
CBM3909850.SRDUP, 28.57%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,148 | | | | 2,138 | | | | 1,996 | |
CBM3909869.SRDUP, 28.92%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 934 | | | | 930 | | | | 868 | |
CBM3909880.SRDUP, 25.58%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,128 | | | | 2,117 | | | | 2,068 | |
CBM3909885.SRDUP, 16.50%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 20,003 | | | | 19,911 | | | | 19,544 | |
CBM3909893.SRDUP, 26.83%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,932 | | | | 4,921 | | | | 4,584 | |
CBM3909897.SRDUP, 28.34%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,248 | | | | 1,242 | | | | 1,161 | |
CBM3909905.SRDUP, 21.51%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,220 | | | | 3,205 | | | | 3,130 | |
CBM3909915.SRDUP, 24.13%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,179 | | | | 4,172 | | | | 4,052 | |
CBM3909924.SRDUP, 27.54%, 01/06/2027 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,815 | | | | 1,806 | | | | 1,749 | |
CBM3909964.SRDUP, 25.58%, 08/02/2026 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,174 | | | | 1,168 | | | | 228 | |
CBM3909977.SRDUP, 20.46%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,057 | | | | 2,049 | | | | 2,018 | |
CBM3909998.SRDUP, 26.58%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 22,341 | | | | 22,234 | | | | 21,671 | |
CBM3910004.SRDUP, 27.66%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 31,036 | | | | 30,886 | | | | 28,845 | |
CBM3910010.SRDUP, 24.42%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,441 | | | | 4,432 | | | | 4,318 | |
CBM3910035.SRDUP, 25.43%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,677 | | | | 1,669 | | | | 1,625 | |
CBM3910037.SRDUP, 28.53%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,867 | | | | 1,863 | | | | 1,735 | |
CBM3910045.SRDUP, 27.13%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 14,895 | | | | 14,823 | | | | 13,844 | |
CBM3910047.SRDUP, 21.61%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,667 | | | | 2,654 | | | | 2,595 | |
CBM3910063.SRDUP, 20.92%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,311 | | | | 3,297 | | | | 3,247 | |
CBM3910064.SRDUP, 24.25%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 4,395 | | | | 4,373 | | | | 824 | |
CBM3910080.SRDUP, 28.54%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,307 | | | | 1,301 | | | | 1,267 | |
CBM3910090.SRDUP, 26.46%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,251 | | | | 3,236 | | | | 3,030 | |
CBM3910097.SRDUP, 28.65%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,124 | | | | 1,119 | | | | 545 | |
CBM3910113.SRDUP, 24.04%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,776 | | | | 2,771 | | | | 2,694 | |
CBM3910123.SRDUP, 27.39%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,540 | | | | 4,518 | | | | 4,229 | |
CBM3910141.SRDUP, 28.08%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 7,083 | | | | 7,055 | | | | 6,577 | |
CBM3910143.SRDUP, 23.88%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 835 | | | | 831 | | | | 817 | |
CBM3910144.SRDUP, 28.62%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,175 | | | | 3,159 | | | | 2,951 | |
CBM3910152.SRDUP, 28.65%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,681 | | | | 1,673 | | | | 1,562 | |
CBM3910154.SRDUP, 20.27%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 992 | | | | 988 | | | | 971 | |
CBM3910155.SRDUP, 25.41%, 08/02/2026 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 9,415 | | | | 9,369 | | | | 9,210 | |
CBM3910160.SRDUP, 28.35%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,435 | | | | 1,428 | | | | 1,336 | |
CBM3910165.SRDUP, 28.75%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,401 | | | | 1,394 | | | | 1,302 | |
CBM3910186.SRDUP, 25.75%, 08/02/2026 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 2,097 | | | | 2,093 | | | | 2,033 | |
CBM3910209.SRDUP, 24.19%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 12,045 | | | | 11,985 | | | | 889 | |
CBM3910216.SRDUP, 17.56%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 44,881 | | | | 44,672 | | | | 43,872 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
110
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
CBM3910222.SRDUP, 17.38%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | $ | 8,248 | | | $ | 8,212 | | | $ | 8,045 | |
CBM3910258.SRDUP, 26.04%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 18,139 | | | | 18,052 | | | | 16,900 | |
CBM3910262.SRDUP, 26.17%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 14,026 | | | | 13,960 | | | | 13,619 | |
CBM3910267.SRDUP, 21.45%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 36,535 | | | | 36,352 | | | | 35,574 | |
CBM3910275.SRDUP, 29.41%, 01/02/2029 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 9,701 | | | | 9,653 | | | | 9,453 | |
CBM3910281.SRDUP, 21.26%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 19,849 | | | | 19,755 | | | | 19,318 | |
CBM3910287.SRDUP, 19.12%, 01/02/2027 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,829 | | | | 3,811 | | | | 3,743 | |
CBM3910308.SRDUP, 24.05%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,666 | | | | 1,658 | | | | 1,617 | |
CBM3910333.SRDUP, 19.30%, 08/02/2026 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 10,275 | | | | 10,232 | | | | 10,079 | |
CBM3910374.SRDUP, 28.85%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 12,916 | | | | 12,853 | | | | 11,991 | |
CBM3910438.SRDUP, 22.29%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 46,394 | | | | 46,178 | | | | 45,067 | |
CBM3910645.SRDUP, 20.35%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 993 | | | | 988 | | | | 971 | |
CBM3910696.SRDUP, 15.86%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,902 | | | | 4,881 | | | | 4,781 | |
CBM3910741.SRDUP, 28.68%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 934 | | | | 929 | | | | 868 | |
CBM3910777.SRDUP, 28.96%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,205 | | | | 4,184 | | | | 3,908 | |
CBM3910827.SRDUP, 28.81%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 3,391 | | | | 3,374 | | | | 937 | |
CBM3910886.SRDUP, 21.62%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 15,348 | | | | 15,275 | | | | 14,929 | |
CBM3910906.SRDUP, 23.87%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,237 | | | | 3,221 | | | | 3,142 | |
CBM3910941.SRDUP, 28.08%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,265 | | | | 3,249 | | | | 3,034 | |
CBM3910994.SRDUP, 28.82%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,308 | | | | 1,301 | | | | 1,215 | |
CBM3911183.SRDUP, 26.29%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 27,233 | | | | 27,102 | | | | 26,418 | |
CBM3911219.SRDUP, 23.85%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,920 | | | | 1,912 | | | | 1,862 | |
CBM3911341.SRDUP, 26.92%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,648 | | | | 1,640 | | | | 1,535 | |
CBM3911359.SRDUP, 17.26%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 20,041 | | | | 19,948 | | | | 19,579 | |
CBM3911374.SRDUP, 16.80%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,966 | | | | 1,958 | | | | 1,917 | |
CBM3911397.SRDUP, 28.17%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,353 | | | | 1,347 | | | | 1,260 | |
CBM3911399.SRDUP, 19.04%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,127 | | | | 4,108 | | | | 4,015 | |
CBM3911429.SRDUP, 27.65%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 599 | | | | 596 | | | | 556 | |
CBM3911489.SRDUP, 25.68%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 4,614 | | | | 4,594 | | | | 4,513 | |
CBM3911508.SRDUP, 25.51%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 15,841 | | | | 15,765 | | | | 14,773 | |
CBM3911536.SRDUP, 28.83%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,495 | | | | 1,491 | | | | 1,390 | |
CBM3911545.SRDUP, 18.21%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 45,653 | | | | 45,440 | | | | 44,604 | |
CBM3911584.SRDUP, 28.38%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,863 | | | | 1,854 | | | | 1,810 | |
CBM3911670.SRDUP, 22.35%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,907 | | | | 1,899 | | | | 1,868 | |
CBM3911678.SRDUP, 26.88%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 13,959 | | | | 13,891 | | | | 12,982 | |
CBM3911719.SRDUP, 14.11%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 3,615 | | | | 3,600 | | | | 3,551 | |
CBM3911722.SRDUP, 18.11%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 2,739 | | | | 2,726 | | | | 2,676 | |
CBM3911728.SRDUP, 25.65%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 5,285 | | | | 5,262 | | | | 5,126 | |
CBM3911740.SRDUP, 24.49%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,109 | | | | 1,104 | | | | 1,035 | |
CBM3911759.SRDUP, 20.32%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 28,195 | | | | 28,054 | | | | 7,124 | |
CBM3911766.SRDUP, 27.45%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,131 | | | | 1,126 | | | | 1,051 | |
CBM3911810.SRDUP, 26.08%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,951 | | | | 1,942 | | | | 1,815 | |
CBM3911849.SRDUP, 28.42%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 4,472 | | | | 4,450 | | | | 4,169 | |
CBM3911864.SRDUP, 23.32%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 14,965 | | | | 14,893 | | | | 14,535 | |
CBM3911873.SRDUP, 27.00%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 4,282 | | | | 4,261 | | | | 4,155 | |
CBM3911892.SRDUP, 20.57%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 5,599 | | | | 5,571 | | | | 2,416 | |
CBM3911895.SRDUP, 28.58%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 2,428 | | | | 2,416 | | | | 2,258 | |
CBM3911896.SRDUP, 28.32%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,400 | | | | 1,393 | | | | 1,302 | |
CBM3911897.SRDUP, 13.99%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 2,713 | | | | 2,712 | | | | 2,672 | |
CBM3911971.SRDUP, 15.61%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 12,688 | | | | 12,630 | | | | 12,489 | |
CBM3912134.SRDUP, 29.66%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 7,953 | | | | 7,914 | | | | 7,395 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
111
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
CBM3912172.SRDUP, 14.10%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | $ | 9,032 | | | $ | 8,987 | | | $ | 8,823 | |
CBM3912220.SRDUP, 27.72%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 932 | | | | 928 | | | | 867 | |
CBM3912491.SRDUP, 28.71%, 08/08/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 7,569 | | | | 7,532 | | | | 3,657 | |
CBM3912534.SRDUP, 28.88%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 934 | | | | 930 | | | | 869 | |
CBM3913126.SRDUP, 22.47%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 9,220 | | | | 9,177 | | | | 8,962 | |
CBM3913145.SRDUP, 13.52%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 13,535 | | | | 13,474 | | | | 13,328 | |
CBM3913151.SRDUP, 25.59%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,600 | | | | 2,589 | | | | 2,523 | |
CBM3913152.SRDUP, 28.59%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,360 | | | | 4,339 | | | | 4,067 | |
CBM3913205.SRDUP, 27.15%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 9,311 | | | | 9,266 | | | | 9,038 | |
CBM3913206.SRDUP, 23.96%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,503 | | | | 1,497 | | | | 1,471 | |
CBM3913207.SRDUP, 24.08%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 6,454 | | | | 6,422 | | | | 6,264 | |
CBM3913224.SRDUP, 25.53%, 08/04/2026 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 4,061 | | | | 4,043 | | | | 3,959 | |
CBM3913228.SRDUP, 28.70%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,586 | | | | 1,578 | | | | 1,480 | |
CBM3913262.SRDUP, 20.06%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 13,756 | | | | 13,691 | | | | 13,386 | |
CBM3913263.SRDUP, 29.66%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,733 | | | | 4,710 | | | | 4,400 | |
CBM3913286.SRDUP, 21.72%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 46,287 | | | | 46,069 | | | | 45,033 | |
CBM3913301.SRDUP, 28.56%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,681 | | | | 1,672 | | | | 1,564 | |
CBM3913355.SRDUP, 27.81%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,816 | | | | 2,802 | | | | 2,624 | |
CBM3913378.SRDUP, 17.16%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 7,778 | | | | 7,742 | | | | 7,603 | |
CBM3913379.SRDUP, 24.34%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 18,115 | | | | 18,026 | | | | 16,897 | |
CBM3913383.SRDUP, 25.87%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 6,637 | | | | 6,604 | | | | 1,838 | |
CBM3913406.SRDUP, 23.37%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 2,744 | | | | 2,731 | | | | 2,671 | |
CBM3913412.SRDUP, 14.09%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 16,086 | | | | 16,012 | | | | 15,730 | |
CBM3913421.SRDUP, 14.52%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,221 | | | | 1,216 | | | | 1,203 | |
CBM3913427.SRDUP, 29.19%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,122 | | | | 1,116 | | | | 1,044 | |
CBM3913442.SRDUP, 21.63%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 5,284 | | | | 5,261 | | | | 5,180 | |
CBM3913451.SRDUP, 22.49%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 21,024 | | | | 20,924 | | | | 20,433 | |
CBM3913457.SRDUP, 28.28%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,768 | | | | 1,759 | | | | 1,649 | |
CBM3913461.SRDUP, 26.76%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,652 | | | | 4,629 | | | | 4,329 | |
CBM3913475.SRDUP, 20.52%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 18,359 | | | | 18,272 | | | | 17,863 | |
CBM3913499.SRDUP, 28.31%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,333 | | | | 2,322 | | | | 2,171 | |
CBM3913500.SRDUP, 27.57%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 3,289 | | | | 3,273 | | | | 3,189 | |
CBM3913502.SRDUP, 25.31%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,173 | | | | 1,168 | | | | 1,139 | |
CBM3913524.SRDUP, 18.50%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 31,157 | | | | 31,124 | | | | 30,333 | |
CBM3913555.SRDUP, 28.83%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 7,286 | | | | 7,251 | | | | 7,069 | |
CBM3913556.SRDUP, 20.57%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 5,378 | | | | 5,353 | | | | 5,239 | |
CBM3913565.SRDUP, 23.32%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 8,505 | | | | 8,468 | | | | 8,325 | |
CBM3913576.SRDUP, 19.59%, 08/04/2026 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 2,449 | | | | 2,437 | | | | 338 | |
CBM3913586.SRDUP, 14.72%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 9,877 | | | | 9,831 | | | | 9,664 | |
CBM3913602.SRDUP, 24.34%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,180 | | | | 4,162 | | | | 4,091 | |
CBM3913790.SRDUP, 28.84%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,856 | | | | 1,852 | | | | 1,729 | |
CBM3913801.SRDUP, 28.76%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 3,834 | | | | 3,816 | | | | 3,568 | |
CBM3914003.SRDUP, 23.25%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 3,650 | | | | 3,634 | | | | 3,579 | |
CBM3914008.SRDUP, 28.71%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,142 | | | | 2,131 | | | | 1,998 | |
CBM3914107.SRDUP, 28.47%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 9,686 | | | | 9,637 | | | | 1,796 | |
CBM3914140.SRDUP, 20.37%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 6,233 | | | | 6,202 | | | | 6,114 | |
CBM3914356.SRDUP, 28.48%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 9,148 | | | | 9,104 | | | | 8,513 | |
CBM3914443.SRDUP, 26.56%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 45,055 | | | | 44,876 | | | | 41,890 | |
CBM3914495.SRDUP, 28.39%, 08/15/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 31,080 | | | | 30,930 | | | | 28,922 | |
CBM3914593.SRDUP, 23.95%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 47,026 | | | | 46,794 | | | | 20,994 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
112
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
CBM3954098.SRDUP, 28.69%, 09/01/2026 (a)(s) | | Upstart | | | 9/7/2023 | | | $ | 4,892 | | | $ | 4,867 | | | $ | 4,735 | |
CBM3954143.SRDUP, 28.58%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 5,335 | | | | 5,322 | | | | 4,948 | |
CBM3954153.SRDUP, 25.94%, 09/01/2026 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 1,841 | | | | 1,833 | | | | 1,785 | |
CBM3954196.SRDUP, 27.53%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 18,799 | | | | 18,738 | | | | 17,464 | |
CBM3954198.SRDUP, 29.94%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 13,034 | | | | 12,970 | | | | 12,088 | |
CBM3954199.SRDUP, 29.96%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 1,039 | | | | 1,034 | | | | 965 | |
CBM3954201.SRDUP, 23.42%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 20,822 | | | | 20,773 | | | | 19,350 | |
CBM3954214.SRDUP, 28.76%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 2,168 | | | | 2,157 | | | | 2,014 | |
CBM3954283.SRDUP, 28.28%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 35,315 | | | | 35,143 | | | | 32,807 | |
CBM3954304.SRDUP, 30.51%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 1,246 | | | | 1,241 | | | | 1,156 | |
CBM3954311.SRDUP, 29.07%, 09/01/2026 (a)(s) | | Upstart | | | 9/7/2023 | | | | 8,232 | | | | 8,195 | | | | 7,976 | |
CBM3954330.SRDUP, 27.11%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 834 | | | | 830 | | | | 774 | |
CBM3954333.SRDUP, 30.59%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 1,397 | | | | 1,391 | | | | 1,297 | |
CBM3954341.SRDUP, 30.91%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 1,797 | | | | 1,788 | | | | 1,669 | |
CBM3954356.SRDUP, 26.92%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 42,750 | | | | 42,543 | | | | 41,447 | |
CBM3954359.SRDUP, 24.68%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 40,429 | | | | 40,235 | | | | 37,568 | |
CBM3954363.SRDUP, 22.47%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 45,715 | | | | 45,496 | | | | 44,399 | |
CBM3954393.SRDUP, 28.90%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 1,131 | | | | 1,126 | | | | 1,051 | |
CBM3954441.SRDUP, 28.88%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 1,135 | | | | 1,130 | | | | 1,053 | |
CBM3954449.SRDUP, 22.36%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 18,637 | | | | 18,548 | | | | 18,094 | |
CBM3954473.SRDUP, 29.98%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 6,310 | | | | 6,279 | | | | 3,040 | |
CBM3954476.SRDUP, 30.17%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 945 | | | | 940 | | | | 877 | |
CBM3954499.SRDUP, 27.69%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 28,224 | | | | 28,087 | | | | 26,221 | |
CBM3954502.SRDUP, 18.14%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 14,231 | | | | 14,164 | | | | 13,845 | |
CBM3954561.SRDUP, 21.09%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 11,307 | | | | 11,254 | | | | 10,981 | |
CBM3954563.SRDUP, 24.89%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 5,337 | | | | 5,311 | | | | 5,181 | |
CBM3955649.SRDUP, 29.81%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 9,254 | | | | 9,210 | | | | 8,583 | |
CBM3955684.SRDUP, 22.45%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 12,116 | | | | 12,112 | | | | 11,783 | |
CBM3955713.SRDUP, 28.88%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 2,539 | | | | 2,526 | | | | 163 | |
CBM3955779.SRDUP, 16.17%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 12,386 | | | | 12,328 | | | | 12,110 | |
CBM3955791.SRDUP, 11.88%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 9,114 | | | | 9,072 | | | | 8,975 | |
CBM3955802.SRDUP, 13.42%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 4,207 | | | | 4,208 | | | | 4,116 | |
CBM3955806.SRDUP, 30.65%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 3,017 | | | | 3,002 | | | | 2,807 | |
CBM3955807.SRDUP, 21.50%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 3,535 | | | | 3,518 | | | | 3,435 | |
CBM3955808.SRDUP, 28.09%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 15,678 | | | | 15,601 | | | | 14,599 | |
CBM3955814.SRDUP, 28.82%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 951 | | | | 946 | | | | 459 | |
CBM3955815.SRDUP, 20.74%, 09/10/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 21,226 | | | | 21,126 | | | | 20,624 | |
CBM3955817.SRDUP, 28.81%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,168 | | | | 2,166 | | | | 2,019 | |
CBM3955829.SRDUP, 27.42%, 02/05/2029 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 9,753 | | | | 9,704 | | | | 4,617 | |
CBM3955833.SRDUP, 26.63%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 7,386 | | | | 7,350 | | | | 6,871 | |
CBM3955854.SRDUP, 31.09%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 7,662 | | | | 7,625 | | | | 7,135 | |
CBM3955904.SRDUP, 19.84%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 10,571 | | | | 10,521 | | | | 10,294 | |
CBM3956685.SRDUP, 19.38%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,131 | | | | 2,121 | | | | 2,075 | |
CBM3956905.SRDUP, 22.84%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 7,584 | | | | 7,551 | | | | 7,418 | |
CBM3957261.SRDUP, 28.86%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,357 | | | | 2,345 | | | | 2,195 | |
CBM3957775.SRDUP, 27.97%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 4,309 | | | | 4,290 | | | | 4,185 | |
CBM3958274.SRDUP, 23.89%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 21,136 | | | | 21,035 | | | | 20,541 | |
CBM3958361.SRDUP, 26.50%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,095 | | | | 1,089 | | | | 1,019 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
113
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
CBM3958576.SRDUP, 24.17%, 09/05/2026 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | $ | 7,369 | | | $ | 7,332 | | | $ | 1,515 | |
CBM3959096.SRDUP, 28.85%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 4,996 | | | | 4,971 | | | | 4,652 | |
CBM3959168.SRDUP, 24.20%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 14,060 | | | | 13,998 | | | | 13,768 | |
CBM3960184.SRDUP, 25.03%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 16,000 | | | | 15,923 | | | | 14,904 | |
CBM3960264.SRDUP, 29.92%, 09/10/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 9,100 | | | | 9,055 | | | | 644 | |
CBM3960778.SRDUP, 29.13%, 02/06/2029 (a)(p)(s) | | Upstart | | | 9/11/2023 | | | | 10,846 | | | | 10,791 | | | | 10,515 | |
CBM3960937.SRDUP, 29.43%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 1,038 | | | | 1,033 | | | | 967 | |
CBM3961142.SRDUP, 27.28%, 09/06/2026 (a)(s) | | Upstart | | | 9/11/2023 | | | | 890 | | | | 886 | | | | 862 | |
CBM3961210.SRDUP, 12.28%, 09/06/2026 (a)(s) | | Upstart | | | 9/11/2023 | | | | 8,331 | | | | 8,296 | | | | 8,212 | |
CBM4006968.SRDUP, 29.06%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 12,281 | | | | 12,221 | | | | 11,425 | |
CBM4007246.SRDUP, 26.21%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,324 | | | | 1,322 | | | | 1,276 | |
CBM4007944.SRDUP, 28.65%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,056 | | | | 1,051 | | | | 983 | |
CBM4007958.SRDUP, 28.82%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,523 | | | | 1,515 | | | | 1,417 | |
CBM4007961.SRDUP, 29.06%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,428 | | | | 1,421 | | | | 1,329 | |
CBM4007968.SRDUP, 18.55%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 16,123 | | | | 16,047 | | | | 15,760 | |
CBM4007969.SRDUP, 24.51%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 7,798 | | | | 7,760 | | | | 7,253 | |
CBM4007984.SRDUP, 27.98%, 03/06/2029 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 5,906 | | | | 5,877 | | | | 5,667 | |
CBM4007995.SRDUP, 27.57%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,034 | | | | 5,010 | | | | 4,681 | |
CBM4008015.SRDUP, 26.26%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,321 | | | | 1,319 | | | | 1,279 | |
CBM4008018.SRDUP, 25.83%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,328 | | | | 1,322 | | | | 1,297 | |
CBM4008025.SRDUP, 26.38%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,897 | | | | 1,887 | | | | 1,764 | |
CBM4008026.SRDUP, 29.98%, 10/21/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,478 | | | | 2,475 | | | | 2,306 | |
CBM4008087.SRDUP, 18.12%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,332 | | | | 2,321 | | | | 2,280 | |
CBM4008124.SRDUP, 25.87%, 10/06/2026 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 4,411 | | | | 4,389 | | | | 2,493 | |
CBM4008130.SRDUP, 27.12%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 9,494 | | | | 9,448 | | | | 8,832 | |
CBM4008140.SRDUP, 27.00%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,392 | | | | 5,366 | | | | 5,018 | |
CBM4008144.SRDUP, 28.33%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 7,593 | | | | 7,556 | | | | 7,067 | |
CBM4008158.SRDUP, 29.17%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 32,565 | | | | 32,406 | | | | 31,588 | |
CBM4008187.SRDUP, 21.13%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 8,539 | | | | 8,498 | | | | 8,301 | |
CBM4008196.SRDUP, 16.91%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,707 | | | | 2,695 | | | | 2,647 | |
CBM4008214.SRDUP, 22.59%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,149 | | | | 5,125 | | | | 4,999 | |
CBM4008219.SRDUP, 29.47%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 4,096 | | | | 4,076 | | | | 3,811 | |
CBM4008222.SRDUP, 29.74%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 6,431 | | | | 6,399 | | | | 6,235 | |
CBM4008227.SRDUP, 19.33%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,480 | | | | 1,474 | | | | 1,447 | |
CBM4008239.SRDUP, 29.18%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,237 | | | | 5,212 | | | | 4,872 | |
CBM4008251.SRDUP, 16.42%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,596 | | | | 5,570 | | | | 5,472 | |
CBM4008253.SRDUP, 19.07%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 14,058 | | | | 13,991 | | | | 13,673 | |
CBM4008265.SRDUP, 24.59%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,175 | | | | 2,165 | | | | 2,111 | |
CBM4008268.SRDUP, 28.50%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,131 | | | | 3,115 | | | | 2,913 | |
CBM4008282.SRDUP, 29.01%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,884 | | | | 1,875 | | | | 1,753 | |
CBM4008287.SRDUP, 25.53%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,528 | | | | 3,523 | | | | 3,402 | |
CBM4008303.SRDUP, 28.91%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,282 | | | | 1,276 | | | | 1,192 | |
CBM4008304.SRDUP, 20.39%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 20,622 | | | | 20,524 | | | | 20,065 | |
CBM4008333.SRDUP, 29.07%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,714 | | | | 1,705 | | | | 1,662 | |
CBM4008334.SRDUP, 29.10%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,999 | | | | 1,990 | | | | 1,860 | |
CBM4008343.SRDUP, 26.00%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 47,391 | | | | 47,162 | | | | 44,088 | |
CBM4008367.SRDUP, 29.10%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 8,188 | | | | 8,148 | | | | 7,617 | |
CBM4008371.SRDUP, 28.26%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,542 | | | | 3,525 | | | | 3,287 | |
CBM4008523.SRDUP, 29.86%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 16,298 | | | | 16,218 | | | | 15,162 | |
CBM4008680.SRDUP, 24.55%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 756 | | | | 752 | | | | 732 | |
CBM4008741.SRDUP, 17.52%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 6,528 | | | | 6,498 | | | | 6,382 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
114
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
CBM4008874.SRDUP, 27.56%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | $ | 4,085 | | | $ | 4,065 | | | $ | 3,800 | |
CBM4008890.SRDUP, 29.05%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 13,328 | | | | 13,263 | | | | 12,400 | |
CBM4008943.SRDUP, 25.41%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,431 | | | | 1,424 | | | | 1,397 | |
CBM4009102.SRDUP, 28.64%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 4,099 | | | | 4,081 | | | | 3,814 | |
CBM4009136.SRDUP, 17.51%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 23,364 | | | | 23,254 | | | | 22,842 | |
CBM4009147.SRDUP, 28.99%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,842 | | | | 2,828 | | | | 2,645 | |
CBM4009149.SRDUP, 26.65%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 5,299 | | | | 5,273 | | | | 2,525 | |
CBM4009182.SRDUP, 29.08%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,558 | | | | 2,546 | | | | 2,381 | |
CBM4009475.SRDUP, 27.73%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 8,430 | | | | 8,388 | | | | 7,848 | |
CBM4009504.SRDUP, 19.69%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,660 | | | | 3,642 | | | | 3,577 | |
CBM4009672.SRDUP, 29.16%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 3,600 | | | | 3,582 | | | | 195 | |
CBM4009728.SRDUP, 29.07%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 22,849 | | | | 22,738 | | | | 22,143 | |
CBM4009969.SRDUP, 29.14%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,833 | | | | 4,809 | | | | 4,509 | |
CBM4010321.SRDUP, 30.04%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,146 | | | | 3,131 | | | | 2,934 | |
CBM4010323.SRDUP, 17.86%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,180 | | | | 3,165 | | | | 3,098 | |
CBM4010328.SRDUP, 18.40%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,336 | | | | 5,310 | | | | 5,220 | |
CBM4010386.SRDUP, 24.75%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,838 | | | | 2,824 | | | | 2,647 | |
CBM4010388.SRDUP, 19.70%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,046 | | | | 1,041 | | | | 1,021 | |
CBM4010393.SRDUP, 26.09%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,754 | | | | 2,740 | | | | 2,568 | |
CBM4011013.SRDUP, 30.00%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,290 | | | | 4,269 | | | | 4,001 | |
CBM4011033.SRDUP, 15.46%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,328 | | | | 2,317 | | | | 2,278 | |
CBM4011054.SRDUP, 29.15%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,694 | | | | 5,667 | | | | 5,312 | |
CBM4011066.SRDUP, 23.51%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,721 | | | | 4,698 | | | | 4,593 | |
CBM4011075.SRDUP, 29.17%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 15,358 | | | | 15,335 | | | | 14,325 | |
CBM4011086.SRDUP, 29.98%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,239 | | | | 1,233 | | | | 1,156 | |
CBM4011116.SRDUP, 12.01%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,057 | | | | 2,048 | | | | 2,030 | |
CBM4011195.SRDUP, 28.74%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 952 | | | | 947 | | | | 888 | |
CBM4011217.SRDUP, 27.44%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 950 | | | | 945 | | | | 886 | |
CBM4011224.SRDUP, 29.16%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 7,617 | | | | 7,580 | | | | 7,104 | |
CBM4011255.SRDUP, 25.19%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,486 | | | | 1,479 | | | | 1,455 | |
CBM4011437.SRDUP, 28.67%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,170 | | | | 2,160 | | | | 2,108 | |
CBM4011440.SRDUP, 28.97%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,253 | | | | 1,247 | | | | 1,166 | |
CBM4011451.SRDUP, 30.37%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 29,121 | | | | 28,976 | | | | 28,195 | |
CBM4011611.SRDUP, 28.84%, 10/25/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,248 | | | | 1,242 | | | | 1,164 | |
CBM4011616.SRDUP, 28.88%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,761 | | | | 3,743 | | | | 3,653 | |
CBM4011977.SRDUP, 14.32%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 15,346 | | | | 15,274 | | | | 15,021 | |
CBM4012018.SRDUP, 27.69%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,801 | | | | 3,782 | | | | 3,545 | |
CBM4012040.SRDUP, 29.00%, 10/16/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,738 | | | | 5,711 | | | | 5,353 | |
CBM4012047.SRDUP, 19.26%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,750 | | | | 3,732 | | | | 3,668 | |
CBM4012065.SRDUP, 14.71%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,979 | | | | 6,946 | | | | 6,883 | |
CBM4012082.SRDUP, 30.35%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 16,752 | | | | 16,668 | | | | 967 | |
CBM4012111.SRDUP, 29.09%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,993 | | | | 2,989 | | | | 2,788 | |
CBM4012124.SRDUP, 28.19%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 26,434 | | | | 26,305 | | | | 24,654 | |
CBM4012132.SRDUP, 29.14%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,047 | | | | 1,042 | | | | 977 | |
CBM4012417.SRDUP, 29.96%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,910 | | | | 5,881 | | | | 5,512 | |
CBM4012490.SRDUP, 27.05%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 25,617 | | | | 25,493 | | | | 23,903 | |
CBM4012523.SRDUP, 30.32%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,930 | | | | 1,921 | | | | 1,799 | |
CBM4012533.SRDUP, 23.95%, 10/10/2026 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 4,392 | | | | 4,373 | | | | 4,263 | |
CBM4012541.SRDUP, 14.96%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,034 | | | | 1,029 | | | | 1,009 | |
CBM4012547.SRDUP, 16.28%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,264 | | | | 3,259 | | | | 3,194 | |
CBM4012560.SRDUP, 30.03%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 15,781 | | | | 15,702 | | | | 15,325 | |
CBM4012576.SRDUP, 29.16%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 11,616 | | | | 11,599 | | | | 10,834 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
115
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
CBM4012592.SRDUP, 21.97%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | $ | 18,996 | | | $ | 18,902 | | | $ | 8,416 | |
CBM4013230.SRDUP, 28.43%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 7,184 | | | | 7,149 | | | | 6,703 | |
CBM4013591.SRDUP, 25.00%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 23,336 | | | | 23,220 | | | | 6,504 | |
CBM4013922.SRDUP, 29.03%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,712 | | | | 5,684 | | | | 5,327 | |
CBM4014118.SRDUP, 25.79%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 7,580 | | | | 7,543 | | | | 7,069 | |
CBM4014126.SRDUP, 21.53%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,671 | | | | 3,655 | | | | 3,598 | |
CBM4014422.SRDUP, 29.08%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,333 | | | | 1,326 | | | | 1,243 | |
CBM4014926.SRDUP, 27.29%, 03/15/2029 (a)(s) | | Upstart | | | 10/13/2023 | | | | 13,202 | | | | 13,136 | | | | 12,475 | |
CBM4014939.SRDUP, 20.66%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 7,518 | | | | 7,482 | | | | 7,314 | |
CBM4015642.SRDUP, 29.17%, 10/11/2028 (a)(s) | | Upstart | | | 10/16/2023 | | | | 9,902 | | | | 9,854 | | | | 9,242 | |
FW3284922.SRDUP, 15.01%, 05/20/2028 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,664 | | | | 1,664 | | | | 1,672 | |
FW3286495.SRDUP, 27.50%, 12/25/2025 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 3,997 | | | | 3,997 | | | | 4,047 | |
FW3289708.SRDUP, 28.36%, 07/25/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 21,598 | | | | 21,598 | | | | 22,102 | |
FW3290212.SRDUP, 25.48%, 12/19/2025 (a)(s) | | Upstart | | | 7/22/2022 | | | | 3,236 | | | | 3,236 | | | | 3,238 | |
FW3290213.SRDUP, 20.68%, 07/18/2027 (a)(s) | | Upstart | | | 7/21/2022 | | | | 11,389 | | | | 11,389 | | | | 11,440 | |
FW3290686.SRDUP, 16.05%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 5,735 | | | | 5,735 | | | | 791 | |
FW3290870.SRDUP, 21.98%, 12/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 3,508 | | | | 3,508 | | | | 3,286 | |
FW3290902.SRDUP, 11.70%, 07/18/2025 (a)(p)(s) | | Upstart | | | 7/21/2022 | | | | 2,772 | | | | 2,772 | | | | 2,764 | |
FW3291024.SRDUP, 28.81%, 07/18/2027 (a)(p)(s) | | Upstart | | | 7/21/2022 | | | | 711 | | | | 711 | | | | 714 | |
FW3291237.SRDUP, 11.78%, 12/28/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 22,071 | | | | 22,071 | | | | 21,907 | |
FW3291332.SRDUP, 25.05%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,183 | | | | 2,183 | | | | 2,233 | |
FW3291414.SRDUP, 30.06%, 12/18/2027 (a)(p)(s) | | Upstart | | | 7/21/2022 | | | | 13,120 | | | | 13,120 | | | | 2,536 | |
FW3291585.SRDUP, 26.59%, 07/19/2025 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 2,833 | | | | 2,833 | | | | 2,848 | |
FW3291622.SRDUP, 29.25%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 1,597 | | | | 1,597 | | | | 1,628 | |
FW3291688.SRDUP, 14.61%, 07/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 8,600 | | | | 8,600 | | | | 8,663 | |
FW3291758.SRDUP, 24.98%, 12/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 9,382 | | | | 9,382 | | | | 8,852 | |
FW3291798.SRDUP, 22.35%, 07/19/2025 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,794 | | | | 2,794 | | | | 2,810 | |
FW3291834.SRDUP, 20.73%, 12/19/2025 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 656 | | | | 656 | | | | 657 | |
FW3291964.SRDUP, 12.80%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 6,480 | | | | 6,480 | | | | 6,469 | |
FW3292015.SRDUP, 26.59%, 12/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 7,397 | | | | 7,397 | | | | 7,464 | |
FW3292022.SRDUP, 29.70%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 1,310 | | | | 1,310 | | | | 1,341 | |
FW3292062.SRDUP, 23.70%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 7,734 | | | | 7,734 | | | | 7,916 | |
FW3292064.SRDUP, 29.51%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 1,191 | | | | 1,191 | | | | 1,221 | |
FW3292078.SRDUP, 30.05%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,176 | | | | 2,176 | | | | 2,222 | |
FW3292131.SRDUP, 14.01%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 4,067 | | | | 4,067 | | | | 4,091 | |
FW3292176.SRDUP, 26.96%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 11,823 | | | | 11,823 | | | | 12,065 | |
FW3292200.SRDUP, 21.62%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,585 | | | | 2,585 | | | | 2,654 | |
FW3292351.SRDUP, 27.36%, 12/23/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 18,597 | | | | 18,597 | | | | 16,964 | |
FW3292416.SRDUP, 29.82%, 07/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 3,365 | | | | 3,365 | | | | 3,431 | |
FW3292451.SRDUP, 15.45%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,346 | | | | 2,346 | | | | 2,359 | |
FW3292504.SRDUP, 22.89%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,507 | | | | 2,507 | | | | 2,571 | |
FW3292526.SRDUP, 20.12%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 7,458 | | | | 7,458 | | | | 7,623 | |
FW3292579.SRDUP, 28.37%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 6,357 | | | | 6,357 | | | | 6,484 | |
FW3292886.SRDUP, 20.20%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 6,358 | | | | 6,373 | | | | 6,487 | |
FW3293042.SRDUP, 14.56%, 07/20/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,458 | | | | 1,458 | | | | 1,454 | |
FW3293259.SRDUP, 29.68%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,080 | | | | 2,080 | | | | 2,124 | |
FW3294098.SRDUP, 29.96%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 2,970 | | | | 2,970 | | | | 3,032 | |
FW3294918.SRDUP, 30.07%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 3,527 | | | | 3,527 | | | | 3,598 | |
FW3295053.SRDUP, 29.35%, 07/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 911 | | | | 911 | | | | 277 | |
FW3295083.SRDUP, 24.09%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 7,566 | | | | 7,566 | | | | 7,764 | |
FW3295093.SRDUP, 30.02%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,603 | | | | 1,603 | | | | 1,635 | |
FW3295177.SRDUP, 13.33%, 12/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 27,825 | | | | 27,922 | | | | 27,616 | |
FW3295297.SRDUP, 22.65%, 07/20/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 500 | | | | 500 | | | | 503 | |
FW3295445.SRDUP, 26.80%, 07/20/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,031 | | | | 1,032 | | | | 1,043 | |
FW3295502.SRDUP, 30.05%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,093 | | | | 1,093 | | | | 1,088 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
116
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3295540.SRDUP, 16.35%, 07/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | $ | 2,424 | | | $ | 2,424 | | | $ | 334 | |
FW3295689.SRDUP, 18.90%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 4,561 | | | | 4,561 | | | | 4,585 | |
FW3295728.SRDUP, 30.02%, 01/05/2028 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 10,628 | | | | 10,628 | | | | 10,582 | |
FW3295735.SRDUP, 18.56%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 30,553 | | | | 30,553 | | | | 30,769 | |
FW3295796.SRDUP, 22.23%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 8,433 | | | | 8,433 | | | | 8,640 | |
FW3295797.SRDUP, 23.54%, 07/20/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 4,783 | | | | 4,783 | | | | 4,843 | |
FW3295818.SRDUP, 13.96%, 08/01/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 3,719 | | | | 3,719 | | | | 3,735 | |
FW3295830.SRDUP, 24.97%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 10,441 | | | | 10,441 | | | | 10,667 | |
FW3295846.SRDUP, 25.39%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 3,906 | | | | 3,906 | | | | 3,996 | |
FW3296151.SRDUP, 19.76%, 07/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 3,696 | | | | 3,696 | | | | 510 | |
FW3296166.SRDUP, 29.81%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 852 | | | | 852 | | | | 871 | |
FW3296181.SRDUP, 29.55%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 799 | | | | 799 | | | | 816 | |
FW3296332.SRDUP, 19.23%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 12,639 | | | | 12,639 | | | | 12,705 | |
FW3296412.SRDUP, 24.47%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 3,790 | | | | 3,790 | | | | 3,883 | |
FW3296419.SRDUP, 20.41%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 10,993 | | | | 10,993 | | | | 11,216 | |
FW3296429.SRDUP, 29.12%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 2,312 | | | | 2,312 | | | | 2,360 | |
FW3296453.SRDUP, 29.73%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,680 | | | | 1,680 | | | | 1,714 | |
FW3296535.SRDUP, 29.72%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 616 | | | | 616 | | | | 622 | |
FW3296700.SRDUP, 21.85%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 53 | | | | 53 | | | | 53 | |
FW3296885.SRDUP, 29.91%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 874 | | | | 874 | | | | 896 | |
FW3297289.SRDUP, 29.73%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,600 | | | | 1,600 | | | | 1,633 | |
FW3297539.SRDUP, 30.06%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 2,172 | | | | 2,172 | | | | 2,102 | |
FW3297600.SRDUP, 24.00%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,085 | | | | 1,085 | | | | 1,111 | |
FW3297752.SRDUP, 29.53%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 956 | | | | 956 | | | | 982 | |
FW3298130.SRDUP, 10.14%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 12,708 | | | | 12,708 | | | | 12,562 | |
FW3298144.SRDUP, 24.93%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 4,363 | | | | 4,363 | | | | 4,467 | |
FW3298166.SRDUP, 29.20%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 797 | | | | 797 | | | | 816 | |
FW3298271.SRDUP, 29.20%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,357 | | | | 1,357 | | | | 1,385 | |
FW3298285.SRDUP, 17.19%, 12/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 4,338 | | | | 4,338 | | | | 4,346 | |
FW3298288.SRDUP, 21.61%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 2,291 | | | | 2,291 | | | | 2,337 | |
FW3298299.SRDUP, 23.38%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 1,380 | | | | 1,380 | | | | 190 | |
FW3298309.SRDUP, 23.61%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,260 | | | | 1,260 | | | | 1,267 | |
FW3298360.SRDUP, 17.54%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 11,160 | | | | 11,160 | | | | 11,224 | |
FW3298397.SRDUP, 24.94%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 532 | | | | 532 | | | | 535 | |
FW3298471.SRDUP, 16.19%, 07/21/2025 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 6,464 | | | | 6,464 | | | | 892 | |
FW3298486.SRDUP, 24.13%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,938 | | | | 1,938 | | | | 1,985 | |
FW3298488.SRDUP, 29.77%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 961 | | | | 961 | | | | 981 | |
FW3298492.SRDUP, 23.33%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 2,510 | | | | 2,510 | | | | 2,526 | |
FW3298513.SRDUP, 16.72%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 660 | | | | 660 | | | | 659 | |
FW3298523.SRDUP, 25.54%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 568 | | | | 568 | | | | 577 | |
FW3298539.SRDUP, 9.98%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 6,258 | | | | 6,258 | | | | 6,191 | |
FW3298544.SRDUP, 26.53%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 3,104 | | | | 3,104 | | | | 3,181 | |
FW3298546.SRDUP, 30.05%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,019 | | | | 1,019 | | | | 1,045 | |
FW3298605.SRDUP, 29.81%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 881 | | | | 881 | | | | 899 | |
FW3298624.SRDUP, 29.97%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,122 | | | | 1,122 | | | | 1,145 | |
FW3298628.SRDUP, 27.77%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 4,433 | | | | 4,433 | | | | 4,528 | |
FW3298637.SRDUP, 24.42%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 7,767 | | | | 7,767 | | | | 7,940 | |
FW3298666.SRDUP, 29.92%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 7,529 | | | | 7,529 | | | | 7,685 | |
FW3298685.SRDUP, 17.06%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 2,565 | | | | 2,565 | | | | 2,568 | |
FW3298714.SRDUP, 11.53%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 3,857 | | | | 3,857 | | | | 3,848 | |
FW3300534.SRDUP, 29.83%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 961 | | | | 961 | | | | 981 | |
FW3300721.SRDUP, 28.35%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 794 | | | | 794 | | | | 811 | |
FW3301471.SRDUP, 28.94%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,070 | | | | 1,070 | | | | 1,083 | |
FW3301605.SRDUP, 18.56%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,610 | | | | 2,610 | | | | 2,630 | |
FW3301624.SRDUP, 29.92%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 801 | | | | 801 | | | | 818 | |
FW3301691.SRDUP, 30.02%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 837 | | | | 837 | | | | 858 | |
FW3301788.SRDUP, 29.88%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 6,726 | | | | 6,726 | | | | 6,904 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
117
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3301790.SRDUP, 19.30%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | $ | 929 | | | $ | 929 | | | $ | 936 | |
FW3301807.SRDUP, 29.91%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 3,444 | | | | 3,444 | | | | 3,517 | |
FW3301848.SRDUP, 29.95%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,682 | | | | 1,682 | | | | 1,718 | |
FW3301899.SRDUP, 28.79%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 4,120 | | | | 4,120 | | | | 1,259 | |
FW3301910.SRDUP, 27.83%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 9,175 | | | | 9,175 | | | | 9,375 | |
FW3301977.SRDUP, 28.81%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 17,259 | | | | 17,259 | | | | 17,709 | |
FW3301997.SRDUP, 26.62%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,428 | | | | 2,428 | | | | 2,496 | |
FW3302019.SRDUP, 27.78%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 3,899 | | | | 3,899 | | | | 3,920 | |
FW3302043.SRDUP, 30.03%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 2,120 | | | | 2,120 | | | | 2,042 | |
FW3302058.SRDUP, 27.46%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,234 | | | | 2,234 | | | | 2,248 | |
FW3302152.SRDUP, 30.03%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 962 | | | | 962 | | | | 982 | |
FW3302178.SRDUP, 20.72%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 16,758 | | | | 16,758 | | | | 16,873 | |
FW3302202.SRDUP, 14.18%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 683 | | | | 683 | | | | 682 | |
FW3302283.SRDUP, 28.13%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 5,204 | | | | 5,204 | | | | 5,326 | |
FW3302296.SRDUP, 27.44%, 12/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 14,076 | | | | 14,076 | | | | 13,414 | |
FW3302387.SRDUP, 29.52%, 12/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 2,159 | | | | 2,159 | | | | 0 | |
FW3302388.SRDUP, 23.22%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 10,642 | | | | 10,642 | | | | 10,908 | |
FW3302465.SRDUP, 29.11%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 11,883 | | | | 11,883 | | | | 12,139 | |
FW3302502.SRDUP, 29.44%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 11,983 | | | | 11,983 | | | | 12,240 | |
FW3302517.SRDUP, 21.29%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 15,544 | | | | 15,544 | | | | 14,920 | |
FW3302563.SRDUP, 16.90%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 4,425 | | | | 4,425 | | | | 4,448 | |
FW3302569.SRDUP, 20.53%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 347 | | | | 347 | | | | 347 | |
FW3302576.SRDUP, 23.40%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,781 | | | | 1,781 | | | | 1,825 | |
FW3302594.SRDUP, 27.14%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 16,580 | | | | 16,580 | | | | 5,025 | |
FW3302613.SRDUP, 19.85%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,449 | | | | 2,449 | | | | 2,465 | |
FW3302659.SRDUP, 28.21%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 4,365 | | | | 4,365 | | | | 4,460 | |
FW3302687.SRDUP, 12.86%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 18,544 | | | | 18,544 | | | | 18,537 | |
FW3302704.SRDUP, 25.78%, 01/01/2028 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 10,025 | | | | 10,025 | | | | 10,017 | |
FW3302708.SRDUP, 17.05%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 3,712 | | | | 3,712 | | | | 3,735 | |
FW3302733.SRDUP, 26.10%, 12/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 4,696 | | | | 4,711 | | | | 4,763 | |
FW3302762.SRDUP, 29.97%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,282 | | | | 1,282 | | | | 1,309 | |
FW3302793.SRDUP, 29.58%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 3,199 | | | | 3,199 | | | | 3,268 | |
FW3302804.SRDUP, 14.21%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 18,244 | | | | 18,244 | | | | 18,366 | |
FW3302855.SRDUP, 27.05%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,032 | | | | 1,032 | | | | 1,046 | |
FW3302856.SRDUP, 29.85%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 6,873 | | | | 6,873 | | | | 6,609 | |
FW3302922.SRDUP, 29.90%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,041 | | | | 1,041 | | | | 1,063 | |
FW3302940.SRDUP, 27.54%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,581 | | | | 1,581 | | | | 1,616 | |
FW3302964.SRDUP, 26.13%, 12/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 8,992 | | | | 8,992 | | | | 8,193 | |
FW3302981.SRDUP, 25.78%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,818 | | | | 2,818 | | | | 2,882 | |
FW3303089.SRDUP, 18.18%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,242 | | | | 2,242 | | | | 2,255 | |
FW3303183.SRDUP, 30.04%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 2,627 | | | | 2,627 | | | | 2,693 | |
FW3303253.SRDUP, 22.53%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 2,725 | | | | 2,725 | | | | 548 | |
FW3303255.SRDUP, 28.52%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 10,356 | | | | 10,356 | | | | 2,223 | |
FW3303289.SRDUP, 24.61%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 507 | | | | 507 | | | | 511 | |
FW3303338.SRDUP, 29.27%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,596 | | | | 1,596 | | | | 1,631 | |
FW3304498.SRDUP, 13.39%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 7,157 | | | | 7,157 | | | | 7,158 | |
FW3304530.SRDUP, 26.00%, 07/25/2025 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,552 | | | | 1,552 | | | | 1,575 | |
FW3304565.SRDUP, 17.02%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 7,414 | | | | 7,414 | | | | 7,464 | |
FW3304599.SRDUP, 29.90%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 881 | | | | 881 | | | | 901 | |
FW3304678.SRDUP, 22.28%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 14,991 | | | | 14,991 | | | | 15,366 | |
FW3304684.SRDUP, 24.32%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 4,966 | | | | 4,966 | | | | 5,103 | |
FW3304697.SRDUP, 29.98%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 1,202 | | | | 1,202 | | | | 1,230 | |
FW3304771.SRDUP, 20.26%, 12/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 4,650 | | | | 4,650 | | | | 4,689 | |
FW3304997.SRDUP, 18.36%, 05/25/2026 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 3,797 | | | | 3,797 | | | | 1,248 | |
FW3305012.SRDUP, 29.80%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,033 | | | | 1,033 | | | | 1,057 | |
FW3305015.SRDUP, 24.56%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 656 | | | | 656 | | | | 661 | |
FW3305037.SRDUP, 29.85%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,038 | | | | 1,038 | | | | 1,060 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
118
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3305094.SRDUP, 27.38%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | $ | 7,899 | | | $ | 7,919 | | | $ | 8,088 | |
FW3305173.SRDUP, 29.89%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,201 | | | | 1,201 | | | | 1,229 | |
FW3305175.SRDUP, 29.64%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 2,319 | | | | 2,319 | | | | 2,373 | |
FW3305215.SRDUP, 25.94%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 3,237 | | | | 3,237 | | | | 987 | |
FW3305224.SRDUP, 26.42%, 12/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 5,826 | | | | 5,826 | | | | 5,714 | |
FW3305228.SRDUP, 24.48%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 15,541 | | | | 15,541 | | | | 15,942 | |
FW3305247.SRDUP, 22.75%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 9,228 | | | | 9,228 | | | | 9,280 | |
FW3305296.SRDUP, 30.06%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 1,112 | | | | 1,112 | | | | 1,144 | |
FW3305337.SRDUP, 25.56%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 12,510 | | | | 12,510 | | | | 12,826 | |
FW3305370.SRDUP, 25.89%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,802 | | | | 1,802 | | | | 1,846 | |
FW3305428.SRDUP, 30.04%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,282 | | | | 1,282 | | | | 1,312 | |
FW3305435.SRDUP, 29.32%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 3,363 | | | | 3,363 | | | | 3,443 | |
FW3305447.SRDUP, 17.58%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 4,168 | | | | 4,168 | | | | 4,196 | |
FW3305451.SRDUP, 15.13%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 7,206 | | | | 7,206 | | | | 7,269 | |
FW3305624.SRDUP, 28.68%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 1,551 | | | | 1,551 | | | | 113 | |
FW3305654.SRDUP, 14.13%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 37,080 | | | | 37,080 | | | | 37,279 | |
FW3305698.SRDUP, 26.31%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 10,523 | | | | 10,523 | | | | 10,786 | |
FW3305743.SRDUP, 14.93%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 751 | | | | 751 | | | | 750 | |
FW3305845.SRDUP, 24.69%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 18,552 | | | | 18,552 | | | | 19,030 | |
FW3308055.SRDUP, 27.97%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,086 | | | | 2,086 | | | | 2,119 | |
FW3308699.SRDUP, 10.39%, 12/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 39,242 | | | | 39,242 | | | | 38,569 | |
FW3308999.SRDUP, 18.40%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 37,413 | | | | 37,413 | | | | 37,663 | |
FW3309430.SRDUP, 30.02%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,404 | | | | 2,404 | | | | 2,461 | |
FW3309519.SRDUP, 29.75%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,841 | | | | 1,841 | | | | 1,884 | |
FW3309589.SRDUP, 29.95%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 3,607 | | | | 3,607 | | | | 3,693 | |
FW3309638.SRDUP, 29.61%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,639 | | | | 2,639 | | | | 2,702 | |
FW3309677.SRDUP, 29.20%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,952 | | | | 2,952 | | | | 3,023 | |
FW3309698.SRDUP, 23.08%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 1,355 | | | | 1,355 | | | | 390 | |
FW3309707.SRDUP, 25.32%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,952 | | | | 1,952 | | | | 2,001 | |
FW3309708.SRDUP, 25.54%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 6,230 | | | | 6,230 | | | | 6,348 | |
FW3309744.SRDUP, 29.94%, 12/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 2,055 | | | | 2,055 | | | | 2,008 | |
FW3309749.SRDUP, 29.42%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 959 | | | | 959 | | | | 981 | |
FW3309752.SRDUP, 27.05%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 4,706 | | | | 4,706 | | | | 4,849 | |
FW3309784.SRDUP, 27.45%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 7,364 | | | | 7,364 | | | | 1,600 | |
FW3309804.SRDUP, 29.62%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,200 | | | | 1,200 | | | | 1,228 | |
FW3309830.SRDUP, 14.70%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 5,225 | | | | 5,225 | | | | 5,254 | |
FW3309864.SRDUP, 19.92%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 9,062 | | | | 9,062 | | | | 9,266 | |
FW3309870.SRDUP, 21.93%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,224 | | | | 1,224 | | | | 1,251 | |
FW3309963.SRDUP, 16.93%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 12,376 | | | | 12,404 | | | | 12,462 | |
FW3309965.SRDUP, 29.97%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 4,335 | | | | 4,335 | | | | 4,439 | |
FW3309999.SRDUP, 29.20%, 05/26/2028 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 1,846 | | | | 1,846 | | | | 1,838 | |
FW3310027.SRDUP, 29.97%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 1,470 | | | | 1,470 | | | | 203 | |
FW3310219.SRDUP, 28.22%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 935 | | | | 935 | | | | 962 | |
FW3310226.SRDUP, 15.16%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,558 | | | | 2,558 | | | | 2,581 | |
FW3310524.SRDUP, 13.89%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 3,265 | | | | 3,265 | | | | 3,290 | |
FW3310529.SRDUP, 29.89%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 1,918 | | | | 1,918 | | | | 1,956 | |
FW3310561.SRDUP, 28.85%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,832 | | | | 1,832 | | | | 1,876 | |
FW3310566.SRDUP, 24.90%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,668 | | | | 1,668 | | | | 1,702 | |
FW3310610.SRDUP, 26.76%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 4,890 | | | | 4,890 | | | | 4,991 | |
FW3310624.SRDUP, 14.42%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 31,564 | | | | 31,564 | | | | 31,856 | |
FW3310700.SRDUP, 14.47%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 4,080 | | | | 4,080 | | | | 4,110 | |
FW3310751.SRDUP, 17.51%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 3,703 | | | | 3,711 | | | | 3,735 | |
FW3310815.SRDUP, 29.68%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 880 | | | | 880 | | | | 901 | |
FW3310837.SRDUP, 25.22%, 05/26/2028 (a)(s) | | Upstart | | | 7/29/2022 | | | | 21,404 | | | | 21,404 | | | | 21,639 | |
FW3310844.SRDUP, 11.20%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 3,985 | | | | 3,985 | | | | 3,940 | |
FW3310852.SRDUP, 29.35%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 629 | | | | 629 | | | | 87 | |
FW3310867.SRDUP, 27.49%, 07/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 673 | | | | 673 | | | | 684 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
119
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3310909.SRDUP, 27.36%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | $ | 2,369 | | | $ | 2,369 | | | $ | 2,429 | |
FW3310939.SRDUP, 23.96%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 3,239 | | | | 3,239 | | | | 3,311 | |
FW3311078.SRDUP, 20.73%, 07/26/2025 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,676 | | | | 1,676 | | | | 1,690 | |
FW3311652.SRDUP, 30.03%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 13,364 | | | | 13,364 | | | | 13,739 | |
FW3311940.SRDUP, 26.74%, 07/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 567 | | | | 567 | | | | 576 | |
FW3311979.SRDUP, 29.50%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 341 | | | | 341 | | | | 342 | |
FW3312074.SRDUP, 19.02%, 12/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 40,269 | | | | 40,269 | | | | 40,214 | |
FW3312100.SRDUP, 29.81%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 2,144 | | | | 2,144 | | | | 2,188 | |
FW3312119.SRDUP, 29.92%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 1,695 | | | | 1,695 | | | | 135 | |
FW3312129.SRDUP, 16.47%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 1,847 | | | | 1,847 | | | | 1,860 | |
FW3312147.SRDUP, 29.83%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 2,323 | | | | 2,323 | | | | 321 | |
FW3312151.SRDUP, 29.86%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,844 | | | | 3,844 | | | | 3,938 | |
FW3312164.SRDUP, 29.79%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 6,810 | | | | 6,810 | | | | 6,976 | |
FW3312218.SRDUP, 29.64%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 1,497 | | | | 1,497 | | | | 1,537 | |
FW3312219.SRDUP, 25.23%, 12/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 2,129 | | | | 2,129 | | | | 2,162 | |
FW3312235.SRDUP, 19.25%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,762 | | | | 3,762 | | | | 3,849 | |
FW3312345.SRDUP, 23.99%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 7,747 | | | | 7,747 | | | | 7,955 | |
FW3312370.SRDUP, 29.17%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,214 | | | | 3,221 | | | | 3,277 | |
FW3312405.SRDUP, 19.15%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 7,933 | | | | 7,933 | | | | 1,612 | |
FW3312406.SRDUP, 15.10%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 3,531 | | | | 3,531 | | | | 688 | |
FW3312420.SRDUP, 29.93%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 698 | | | | 698 | | | | 714 | |
FW3312437.SRDUP, 29.29%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 2,127 | | | | 2,127 | | | | 2,190 | |
FW3312467.SRDUP, 20.17%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 9,236 | | | | 9,236 | | | | 9,297 | |
FW3312496.SRDUP, 28.76%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 2,301 | | | | 2,301 | | | | 2,371 | |
FW3312527.SRDUP, 22.46%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 1,491 | | | | 1,491 | | | | 1,533 | |
FW3312539.SRDUP, 18.94%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 7,508 | | | | 7,508 | | | | 7,683 | |
FW3312556.SRDUP, 25.85%, 12/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 10,299 | | | | 10,299 | | | | 2,219 | |
FW3312687.SRDUP, 12.84%, 12/27/2025 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 7,636 | | | | 7,636 | | | | 1,574 | |
FW3312723.SRDUP, 14.45%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 9,539 | | | | 9,539 | | | | 1,316 | |
FW3312739.SRDUP, 22.49%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,839 | | | | 3,839 | | | | 3,924 | |
FW3312742.SRDUP, 26.16%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 9,993 | | | | 9,993 | | | | 10,214 | |
FW3312758.SRDUP, 25.16%, 08/01/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 1,375 | | | | 1,375 | | | | 1,417 | |
FW3312768.SRDUP, 26.81%, 07/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 1,856 | | | | 1,856 | | | | 1,886 | |
FW3312868.SRDUP, 21.62%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 5,728 | | | | 5,728 | | | | 5,856 | |
FW3312883.SRDUP, 26.26%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 7,851 | | | | 7,851 | | | | 8,050 | |
FW3312945.SRDUP, 12.26%, 07/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 782 | | | | 782 | | | | 782 | |
FW3312949.SRDUP, 12.97%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,432 | | | | 3,432 | | | | 3,432 | |
FW3316977.SRDUP, 25.55%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 2,381 | | | | 2,324 | | | | 2,407 | |
FW3316990.SRDUP, 29.27%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 2,396 | | | | 2,325 | | | | 2,390 | |
FW3318619.SRDUP, 29.34%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,377 | | | | 1,343 | | | | 1,383 | |
FW3319821.SRDUP, 29.74%, 08/16/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 1,128 | | | | 1,094 | | | | 79 | |
FW3319830.SRDUP, 30.07%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 6,485 | | | | 6,290 | | | | 895 | |
FW3319835.SRDUP, 30.05%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,061 | | | | 1,034 | | | | 1,065 | |
FW3319843.SRDUP, 29.69%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,277 | | | | 1,246 | | | | 1,284 | |
FW3319844.SRDUP, 25.54%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 11,116 | | | | 10,851 | | | | 11,257 | |
FW3319846.SRDUP, 29.67%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 12,087 | | | | 11,792 | | | | 12,122 | |
FW3319852.SRDUP, 18.95%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 3,822 | | | | 3,735 | | | | 3,866 | |
FW3319854.SRDUP, 18.55%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 26,687 | | | | 26,078 | | | | 26,997 | |
FW3319886.SRDUP, 26.46%, 08/01/2025 (a)(s) | | Upstart | | | 8/4/2022 | | | | 688 | | | | 677 | | | | 689 | |
FW3319891.SRDUP, 20.94%, 08/01/2025 (a)(s) | | Upstart | | | 8/4/2022 | | | | 623 | | | | 614 | | | | 623 | |
FW3319916.SRDUP, 29.04%, 08/16/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 4,091 | | | | 3,991 | | | | 4,108 | |
FW3319926.SRDUP, 27.52%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 803 | | | | 783 | | | | 812 | |
FW3319942.SRDUP, 28.69%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 2,825 | | | | 2,757 | | | | 2,835 | |
FW3319965.SRDUP, 30.01%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 3,294 | | | | 3,209 | | | | 3,306 | |
FW3319980.SRDUP, 30.04%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,544 | | | | 1,506 | | | | 1,555 | |
FW3320007.SRDUP, 30.02%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 750 | | | | 731 | | | | 754 | |
FW3320055.SRDUP, 20.18%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 14,815 | | | | 14,370 | | | | 1,371 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
120
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3320060.SRDUP, 25.75%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | $ | 1,787 | | | $ | 1,740 | | | $ | 1,805 | |
FW3320064.SRDUP, 21.53%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 6,123 | | | | 5,981 | | | | 6,117 | |
FW3320075.SRDUP, 26.11%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 4,460 | | | | 4,353 | | | | 4,478 | |
FW3320092.SRDUP, 26.51%, 01/01/2028 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 1,860 | | | | 1,813 | | | | 1,865 | |
FW3320104.SRDUP, 24.09%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 11,816 | | | | 11,537 | | | | 11,974 | |
FW3320109.SRDUP, 17.83%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 9,511 | | | | 9,227 | | | | 9,487 | |
FW3320139.SRDUP, 25.88%, 06/01/2028 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 8,540 | | | | 8,293 | | | | 8,452 | |
FW3320176.SRDUP, 18.62%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 11,145 | | | | 10,891 | | | | 11,156 | |
FW3320200.SRDUP, 29.91%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 2,113 | | | | 2,061 | | | | 2,119 | |
FW3320202.SRDUP, 30.03%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 3,550 | | | | 3,462 | | | | 3,558 | |
FW3320223.SRDUP, 27.37%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 802 | | | | 782 | | | | 805 | |
FW3320231.SRDUP, 29.53%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 873 | | | | 851 | | | | 878 | |
FW3320235.SRDUP, 29.81%, 08/10/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 3,648 | | | | 3,559 | | | | 3,639 | |
FW3320247.SRDUP, 23.83%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 5,359 | | | | 5,198 | | | | 1,011 | |
FW3320254.SRDUP, 29.86%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,380 | | | | 1,347 | | | | 1,384 | |
FW3320295.SRDUP, 30.02%, 01/01/2028 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 2,981 | | | | 2,891 | | | | 1,426 | |
FW3320320.SRDUP, 27.20%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 1,811 | | | | 1,763 | | | | 1,834 | |
FW3320337.SRDUP, 26.24%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 11,553 | | | | 11,270 | | | | 11,714 | |
FW3320406.SRDUP, 29.80%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 1,056 | | | | 1,030 | | | | 1,059 | |
FW3320408.SRDUP, 26.48%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,835 | | | | 1,791 | | | | 1,858 | |
FW3321322.SRDUP, 25.00%, 08/04/2025 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 19,999 | | | | 19,403 | | | | 13,232 | |
FW3322508.SRDUP, 19.84%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 3,842 | | | | 3,754 | | | | 3,839 | |
FW3323459.SRDUP, 17.33%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 37,475 | | | | 36,351 | | | | 37,539 | |
FW3323950.SRDUP, 27.81%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 3,295 | | | | 3,215 | | | | 3,308 | |
FW3324067.SRDUP, 29.80%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 976 | | | | 952 | | | | 978 | |
FW3324396.SRDUP, 29.35%, 08/02/2027 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 2,911 | | | | 2,842 | | | | 2,941 | |
FW3324464.SRDUP, 21.19%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,578 | | | | 2,518 | | | | 2,612 | |
FW3324853.SRDUP, 10.84%, 08/02/2027 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 38,021 | | | | 36,881 | | | | 5,247 | |
FW3324933.SRDUP, 29.97%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,476 | | | | 1,439 | | | | 1,483 | |
FW3324961.SRDUP, 24.73%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,609 | | | | 2,547 | | | | 2,622 | |
FW3324995.SRDUP, 15.14%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,612 | | | | 2,553 | | | | 2,612 | |
FW3325006.SRDUP, 23.27%, 08/02/2025 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 709 | | | | 687 | | | | 236 | |
FW3325052.SRDUP, 13.20%, 08/02/2025 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,382 | | | | 1,362 | | | | 1,373 | |
FW3325086.SRDUP, 29.87%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,030 | | | | 1,980 | | | | 2,037 | |
FW3325207.SRDUP, 30.07%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,728 | | | | 1,684 | | | | 1,735 | |
FW3325256.SRDUP, 30.05%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,487 | | | | 1,452 | | | | 1,484 | |
FW3325340.SRDUP, 29.99%, 08/17/2027 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 35,529 | | | | 34,481 | | | | 33,588 | |
FW3325509.SRDUP, 14.84%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 14,894 | | | | 14,563 | | | | 14,897 | |
FW3325541.SRDUP, 20.77%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,318 | | | | 2,265 | | | | 2,316 | |
FW3325593.SRDUP, 26.71%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 9,588 | | | | 9,358 | | | | 9,631 | |
FW3325608.SRDUP, 24.05%, 08/02/2025 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,333 | | | | 1,312 | | | | 1,331 | |
FW3325611.SRDUP, 15.94%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,182 | | | | 2,133 | | | | 2,186 | |
FW3325648.SRDUP, 24.67%, 08/02/2027 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 1,747 | | | | 1,704 | | | | 1,771 | |
FW3325668.SRDUP, 26.99%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 9,202 | | | | 8,981 | | | | 9,243 | |
FW3327970.SRDUP, 13.12%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,232 | | | | 1,214 | | | | 1,226 | |
FW3327976.SRDUP, 27.35%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 2,776 | | | | 2,716 | | | | 2,802 | |
FW3327988.SRDUP, 25.41%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,269 | | | | 1,239 | | | | 1,276 | |
FW3327990.SRDUP, 29.47%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 4,493 | | | | 4,396 | | | | 4,515 | |
FW3328009.SRDUP, 24.67%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 803 | | | | 790 | | | | 805 | |
FW3328063.SRDUP, 29.71%, 01/18/2028 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 1,494 | | | | 1,450 | | | | 1,470 | |
FW3328140.SRDUP, 29.18%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 877 | | | | 855 | | | | 885 | |
FW3328184.SRDUP, 22.32%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 233 | | | | 229 | | | | 231 | |
FW3328185.SRDUP, 15.82%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 755 | | | | 744 | | | | 749 | |
FW3328211.SRDUP, 23.94%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 4,373 | | | | 4,260 | | | | 4,437 | |
FW3328235.SRDUP, 28.15%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 710 | | | | 692 | | | | 713 | |
FW3328364.SRDUP, 13.16%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 5,016 | | | | 4,906 | | | | 4,999 | |
FW3328376.SRDUP, 29.97%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 15,017 | | | | 14,567 | | | | 4,349 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
121
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3328491.SRDUP, 11.48%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | $ | 2,257 | | | $ | 2,208 | | | $ | 2,227 | |
FW3328517.SRDUP, 24.78%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 8,698 | | | | 8,492 | | | | 8,819 | |
FW3328577.SRDUP, 24.90%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 7,862 | | | | 7,675 | | | | 7,950 | |
FW3328582.SRDUP, 21.75%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,308 | | | | 1,288 | | | | 1,309 | |
FW3328589.SRDUP, 29.59%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 1,452 | | | | 1,415 | | | | 1,467 | |
FW3328594.SRDUP, 26.16%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 3,983 | | | | 3,888 | | | | 4,004 | |
FW3328712.SRDUP, 26.76%, 08/09/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 7,225 | | | | 7,052 | | | | 7,321 | |
FW3328756.SRDUP, 20.86%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 7,838 | | | | 7,656 | | | | 7,843 | |
FW3328875.SRDUP, 22.16%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 11,686 | | | | 11,413 | | | | 11,863 | |
FW3328972.SRDUP, 21.95%, 08/03/2025 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 1,945 | | | | 1,887 | | | | 1,270 | |
FW3328999.SRDUP, 16.13%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 751 | | | | 734 | | | | 751 | |
FW3329145.SRDUP, 18.44%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,025 | | | | 1,010 | | | | 1,018 | |
FW3329197.SRDUP, 15.04%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 5,128 | | | | 5,014 | | | | 5,139 | |
FW3329317.SRDUP, 16.80%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 760 | | | | 749 | | | | 754 | |
FW3329332.SRDUP, 26.46%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 10,692 | | | | 10,435 | | | | 10,832 | |
FW3329339.SRDUP, 26.91%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,361 | | | | 1,340 | | | | 1,365 | |
FW3329383.SRDUP, 29.72%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 3,850 | | | | 3,735 | | | | 1,996 | |
FW3329402.SRDUP, 29.78%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,542 | | | | 1,505 | | | | 1,549 | |
FW3329588.SRDUP, 11.34%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 2,246 | | | | 2,214 | | | | 2,235 | |
FW3329630.SRDUP, 29.93%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 6,720 | | | | 6,555 | | | | 6,790 | |
FW3330488.SRDUP, 30.01%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,276 | | | | 2,220 | | | | 2,286 | |
FW3330594.SRDUP, 18.05%, 08/04/2025 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 2,564 | | | | 2,514 | | | | 2,563 | |
FW3330687.SRDUP, 27.66%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 24,172 | | | | 23,588 | | | | 24,302 | |
FW3331079.SRDUP, 30.01%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,194 | | | | 2,140 | | | | 2,204 | |
FW3331251.SRDUP, 20.33%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,698 | | | | 2,635 | | | | 2,730 | |
FW3331257.SRDUP, 16.10%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 6,411 | | | | 6,284 | | | | 6,414 | |
FW3331303.SRDUP, 26.00%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,229 | | | | 2,175 | | | | 2,251 | |
FW3331448.SRDUP, 22.67%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 5,469 | | | | 5,341 | | | | 5,553 | |
FW3331603.SRDUP, 23.17%, 01/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 9,222 | | | | 8,945 | | | | 2,427 | |
FW3331621.SRDUP, 29.83%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 3,004 | | | | 2,931 | | | | 3,018 | |
FW3331649.SRDUP, 24.36%, 01/04/2026 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 5,202 | | | | 5,046 | | | | 455 | |
FW3331683.SRDUP, 29.85%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,949 | | | | 1,901 | | | | 1,958 | |
FW3331708.SRDUP, 12.35%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 12,229 | | | | 11,962 | | | | 12,176 | |
FW3331716.SRDUP, 15.29%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 13,810 | | | | 13,502 | | | | 13,762 | |
FW3331725.SRDUP, 26.15%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,115 | | | | 1,092 | | | | 1,126 | |
FW3331760.SRDUP, 28.02%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 5,130 | | | | 5,005 | | | | 5,176 | |
FW3331785.SRDUP, 27.42%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 4,246 | | | | 4,119 | | | | 856 | |
FW3331788.SRDUP, 26.08%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 955 | | | | 933 | | | | 969 | |
FW3331801.SRDUP, 23.15%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,351 | | | | 2,296 | | | | 2,387 | |
FW3331907.SRDUP, 30.07%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 982 | | | | 958 | | | | 988 | |
FW3331977.SRDUP, 16.55%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,108 | | | | 2,061 | | | | 2,109 | |
FW3331979.SRDUP, 19.05%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 4,207 | | | | 4,110 | | | | 4,206 | |
FW3331984.SRDUP, 14.96%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 819 | | | | 801 | | | | 821 | |
FW3332008.SRDUP, 26.27%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,116 | | | | 1,089 | | | | 1,131 | |
FW3332086.SRDUP, 29.89%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,030 | | | | 1,981 | | | | 2,040 | |
FW3332143.SRDUP, 24.99%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 15,852 | | | | 15,461 | | | | 16,078 | |
FW3332210.SRDUP, 29.87%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,056 | | | | 1,030 | | | | 1,061 | |
FW3332213.SRDUP, 30.02%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,625 | | | | 1,585 | | | | 1,633 | |
FW3332232.SRDUP, 25.14%, 01/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 12,418 | | | | 12,046 | | | | 12,495 | |
FW3332235.SRDUP, 29.08%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 890 | | | | 868 | | | | 894 | |
FW3332260.SRDUP, 23.31%, 08/04/2025 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 1,227 | | | | 1,190 | | | | 246 | |
FW3332281.SRDUP, 29.98%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,138 | | | | 1,110 | | | | 1,143 | |
FW3332296.SRDUP, 18.25%, 08/04/2025 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 5,555 | | | | 5,409 | | | | 5,556 | |
FW3332313.SRDUP, 29.22%, 01/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 5,611 | | | | 5,443 | | | | 2,754 | |
FW3332326.SRDUP, 26.16%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,611 | | | | 2,544 | | | | 2,653 | |
FW3332338.SRDUP, 17.03%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 37,812 | | | | 36,722 | | | | 37,821 | |
FW3332409.SRDUP, 20.42%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 17,360 | | | | 16,929 | | | | 17,568 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
122
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3332427.SRDUP, 22.31%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | $ | 3,119 | | | $ | 3,055 | | | $ | 3,167 | |
FW3333083.SRDUP, 23.01%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 4,385 | | | | 4,281 | | | | 4,434 | |
FW3333960.SRDUP, 17.66%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 11,736 | | | | 11,470 | | | | 11,764 | |
FW3334082.SRDUP, 26.47%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 2,107 | | | | 2,044 | | | | 1,125 | |
FW3334226.SRDUP, 29.58%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 4,229 | | | | 4,102 | | | | 852 | |
FW3334241.SRDUP, 25.18%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 3,566 | | | | 3,481 | | | | 3,590 | |
FW3334502.SRDUP, 29.93%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 6,504 | | | | 6,324 | | | | 6,538 | |
FW3334603.SRDUP, 27.51%, 06/05/2026 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 2,899 | | | | 2,812 | | | | 1,705 | |
FW3334619.SRDUP, 29.69%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 5,738 | | | | 5,598 | | | | 5,773 | |
FW3334881.SRDUP, 27.43%, 08/05/2025 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 768 | | | | 745 | | | | 106 | |
FW3334909.SRDUP, 29.54%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 3,729 | | | | 3,638 | | | | 3,762 | |
FW3334948.SRDUP, 29.94%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 3,980 | | | | 3,883 | | | | 4,001 | |
FW3334972.SRDUP, 30.04%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 10,075 | | | | 9,836 | | | | 10,127 | |
FW3334977.SRDUP, 24.24%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 26,329 | | | | 25,705 | | | | 26,724 | |
FW3334990.SRDUP, 14.73%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 16,593 | | | | 16,224 | | | | 16,608 | |
FW3335014.SRDUP, 11.11%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 18,816 | | | | 18,408 | | | | 18,610 | |
FW3335030.SRDUP, 26.84%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 22,570 | | | | 22,042 | | | | 22,574 | |
FW3335053.SRDUP, 15.38%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 1,504 | | | | 1,483 | | | | 1,494 | |
FW3335083.SRDUP, 20.95%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 3,017 | | | | 2,947 | | | | 3,054 | |
FW3335097.SRDUP, 27.02%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 13,646 | | | | 13,328 | | | | 13,653 | |
FW3335133.SRDUP, 16.79%, 08/05/2025 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 2,848 | | | | 2,762 | | | | 361 | |
FW3335207.SRDUP, 26.84%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 800 | | | | 781 | | | | 803 | |
FW3335227.SRDUP, 27.63%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 5,620 | | | | 5,484 | | | | 5,696 | |
FW3335339.SRDUP, 24.77%, 01/05/2028 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 6,687 | | | | 6,498 | | | | 6,732 | |
FW3335380.SRDUP, 29.91%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 4,673 | | | | 4,550 | | | | 4,700 | |
FW3335386.SRDUP, 30.08%, 08/25/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 3,702 | | | | 3,613 | | | | 3,736 | |
FW3335405.SRDUP, 28.36%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 6,289 | | | | 6,101 | | | | 1,838 | |
FW3335412.SRDUP, 27.67%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 1,044 | | | | 1,019 | | | | 1,050 | |
FW3336367.SRDUP, 29.80%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 2,286 | | | | 2,217 | | | | 467 | |
FW3336648.SRDUP, 22.91%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 4,538 | | | | 4,432 | | | | 4,615 | |
FW3336660.SRDUP, 27.43%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 4,010 | | | | 3,913 | | | | 4,041 | |
FW3336667.SRDUP, 29.74%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 4,216 | | | | 4,110 | | | | 4,260 | |
FW3336668.SRDUP, 29.34%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,045 | | | | 1,020 | | | | 1,059 | |
FW3336858.SRDUP, 24.44%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 730 | | | | 713 | | | | 716 | |
FW3336867.SRDUP, 29.69%, 01/08/2028 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 1,612 | | | | 1,570 | | | | 1,523 | |
FW3336885.SRDUP, 29.07%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,315 | | | | 1,283 | | | | 1,332 | |
FW3336986.SRDUP, 29.53%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 985 | | | | 956 | | | | 993 | |
FW3336989.SRDUP, 25.23%, 06/08/2028 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 4,243 | | | | 4,116 | | | | 2,175 | |
FW3337133.SRDUP, 21.04%, 01/08/2028 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 3,791 | | | | 3,677 | | | | 1,633 | |
FW3337139.SRDUP, 24.85%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 4,430 | | | | 4,324 | | | | 4,501 | |
FW3337303.SRDUP, 22.63%, 08/23/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 18,135 | | | | 17,757 | | | | 18,139 | |
FW3337412.SRDUP, 11.40%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 25,100 | | | | 24,554 | | | | 25,003 | |
FW3337420.SRDUP, 29.30%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 2,403 | | | | 2,344 | | | | 2,434 | |
FW3337494.SRDUP, 19.77%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 15,365 | | | | 15,010 | | | | 15,575 | |
FW3337520.SRDUP, 30.04%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 18,400 | | | | 17,848 | | | | 2,539 | |
FW3337548.SRDUP, 25.39%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,904 | | | | 1,859 | | | | 1,934 | |
FW3337554.SRDUP, 21.23%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 1,311 | | | | 1,281 | | | | 1,332 | |
FW3337613.SRDUP, 29.37%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,368 | | | | 1,335 | | | | 1,387 | |
FW3337621.SRDUP, 20.81%, 01/08/2028 (a)(s) | | Upstart | | | 8/11/2022 | | | | 5,704 | | | | 5,543 | | | | 5,678 | |
FW3337658.SRDUP, 27.81%, 08/23/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 4,848 | | | | 4,710 | | | | 4,888 | |
FW3337731.SRDUP, 17.92%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 6,807 | | | | 6,640 | | | | 6,814 | |
FW3337737.SRDUP, 19.97%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 6,148 | | | | 6,006 | | | | 6,251 | |
FW3337761.SRDUP, 29.82%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,867 | | | | 1,821 | | | | 1,880 | |
FW3337781.SRDUP, 27.26%, 08/23/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 11,981 | | | | 11,692 | | | | 12,157 | |
FW3337806.SRDUP, 19.81%, 08/08/2025 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,036 | | | | 1,020 | | | | 1,037 | |
FW3337808.SRDUP, 20.29%, 08/08/2025 (a)(s) | | Upstart | | | 8/11/2022 | | | | 3,117 | | | | 3,069 | | | | 3,120 | |
FW3337932.SRDUP, 29.88%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 944 | | | | 921 | | | | 955 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
123
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3337939.SRDUP, 29.98%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | $ | 5,897 | | | $ | 5,756 | | | $ | 5,987 | |
FW3337966.SRDUP, 29.69%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 2,007 | | | | 1,947 | | | | 2,000 | |
FW3338069.SRDUP, 26.37%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 5,918 | | | | 5,740 | | | | 463 | |
FW3340271.SRDUP, 29.62%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,054 | | | | 1,028 | | | | 1,062 | |
FW3340712.SRDUP, 29.63%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,387 | | | | 1,353 | | | | 1,398 | |
FW3341295.SRDUP, 29.62%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,622 | | | | 1,587 | | | | 1,635 | |
FW3341443.SRDUP, 29.93%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 975 | | | | 951 | | | | 983 | |
FW3341548.SRDUP, 21.28%, 08/10/2025 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 3,865 | | | | 3,749 | | | | 581 | |
FW3341613.SRDUP, 24.57%, 08/09/2025 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,690 | | | | 2,619 | | | | 2,707 | |
FW3341659.SRDUP, 28.27%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 27,351 | | | | 26,530 | | | | 3,774 | |
FW3341670.SRDUP, 19.41%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,586 | | | | 2,527 | | | | 2,594 | |
FW3341786.SRDUP, 29.66%, 01/09/2028 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 1,680 | | | | 1,630 | | | | 812 | |
FW3341803.SRDUP, 20.81%, 08/09/2025 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,063 | | | | 2,032 | | | | 2,069 | |
FW3341835.SRDUP, 9.73%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,654 | | | | 1,618 | | | | 1,632 | |
FW3341855.SRDUP, 18.78%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,978 | | | | 2,910 | | | | 2,981 | |
FW3341867.SRDUP, 25.00%, 08/09/2025 (a)(s) | | Upstart | | | 8/12/2022 | | | | 805 | | | | 792 | | | | 806 | |
FW3341930.SRDUP, 17.77%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 5,298 | | | | 5,178 | | | | 5,315 | |
FW3341977.SRDUP, 17.81%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 21,735 | | | | 21,083 | | | | 5,530 | |
FW3342031.SRDUP, 27.21%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 4,445 | | | | 4,312 | | | | 613 | |
FW3342056.SRDUP, 23.13%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 7,834 | | | | 7,650 | | | | 7,970 | |
FW3342122.SRDUP, 24.93%, 08/09/2025 (a)(s) | | Upstart | | | 8/12/2022 | | | | 5,890 | | | | 5,793 | | | | 5,935 | |
FW3342131.SRDUP, 29.91%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,837 | | | | 2,768 | | | | 2,841 | |
FW3342155.SRDUP, 28.21%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 4,048 | | | | 3,950 | | | | 4,083 | |
FW3342160.SRDUP, 28.38%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 13,701 | | | | 13,407 | | | | 13,813 | |
FW3342182.SRDUP, 24.77%, 01/15/2028 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 2,331 | | | | 2,263 | | | | 2,109 | |
FW3342190.SRDUP, 21.86%, 08/09/2025 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,626 | | | | 2,585 | | | | 2,629 | |
FW3342267.SRDUP, 19.04%, 08/09/2025 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 1,172 | | | | 1,137 | | | | 772 | |
FW3342276.SRDUP, 22.57%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 6,951 | | | | 6,787 | | | | 7,040 | |
FW3342306.SRDUP, 23.18%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 784 | | | | 765 | | | | 794 | |
FW3342326.SRDUP, 24.44%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 7,529 | | | | 7,349 | | | | 7,661 | |
FW3342367.SRDUP, 23.52%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 8,637 | | | | 8,433 | | | | 8,785 | |
FW3342389.SRDUP, 30.07%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 11,950 | | | | 11,657 | | | | 12,041 | |
FW3342476.SRDUP, 24.31%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,342 | | | | 2,287 | | | | 2,379 | |
FW3342496.SRDUP, 29.87%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,708 | | | | 1,658 | | | | 1,721 | |
FW3342498.SRDUP, 18.28%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 12,712 | | | | 12,421 | | | | 12,725 | |
FW3342503.SRDUP, 18.53%, 08/09/2025 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,070 | | | | 2,039 | | | | 2,074 | |
FW3342541.SRDUP, 10.19%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,089 | | | | 2,050 | | | | 2,065 | |
FW3342553.SRDUP, 29.90%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 2,056 | | | | 2,007 | | | | 2,074 | |
FW3342569.SRDUP, 20.93%, 01/09/2026 (a)(s) | | Upstart | | | 8/12/2022 | | | | 630 | | | | 616 | | | | 630 | |
FW3342621.SRDUP, 29.85%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 7,870 | | | | 7,634 | | | | 4,230 | |
FW3342637.SRDUP, 29.79%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,705 | | | | 1,663 | | | | 1,718 | |
FW3342751.SRDUP, 23.38%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 35,444 | | | | 34,504 | | | | 4,891 | |
FW3342780.SRDUP, 26.32%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 22,267 | | | | 21,730 | | | | 22,625 | |
FW3343057.SRDUP, 27.27%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 338 | | | | 328 | | | | 332 | |
FW3343084.SRDUP, 25.43%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,333 | | | | 1,300 | | | | 1,358 | |
FW3343213.SRDUP, 30.01%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 2,113 | | | | 2,061 | | | | 2,144 | |
FW3343707.SRDUP, 29.96%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 894 | | | | 872 | | | | 901 | |
FW3343838.SRDUP, 21.16%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 2,003 | | | | 1,943 | | | | 539 | |
FW3343908.SRDUP, 30.06%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,544 | | | | 1,506 | | | | 1,557 | |
FW3344152.SRDUP, 21.48%, 08/10/2025 (a)(s) | | Upstart | | | 8/15/2022 | | | | 2,619 | | | | 2,579 | | | | 2,623 | |
FW3344219.SRDUP, 28.72%, 01/10/2028 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 8,723 | | | | 8,472 | | | | 8,566 | |
FW3344314.SRDUP, 21.81%, 08/12/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 7,006 | | | | 6,841 | | | | 7,101 | |
FW3344357.SRDUP, 29.80%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 2,192 | | | | 2,138 | | | | 2,210 | |
FW3344361.SRDUP, 21.40%, 08/10/2025 (a)(s) | | Upstart | | | 8/15/2022 | | | | 7,816 | | | | 7,709 | | | | 7,839 | |
FW3344364.SRDUP, 22.98%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 3,444 | | | | 3,372 | | | | 3,505 | |
FW3344378.SRDUP, 20.97%, 08/10/2025 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,044 | | | | 1,028 | | | | 1,046 | |
FW3344392.SRDUP, 19.81%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 4,215 | | | | 4,118 | | | | 4,289 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
124
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3344411.SRDUP, 22.74%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | $ | 1,421 | | | $ | 1,384 | | | $ | 1,447 | |
FW3344412.SRDUP, 25.99%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 3,177 | | | | 3,082 | | | | 3,238 | |
FW3344452.SRDUP, 16.87%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 18,133 | | | | 17,723 | | | | 18,188 | |
FW3344502.SRDUP, 29.84%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,462 | | | | 1,426 | | | | 1,474 | |
FW3344556.SRDUP, 16.43%, 08/10/2025 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,064 | | | | 1,048 | | | | 1,059 | |
FW3344583.SRDUP, 29.04%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 890 | | | | 868 | | | | 898 | |
FW3344618.SRDUP, 26.77%, 01/10/2028 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 13,368 | | | | 12,967 | | | | 2,680 | |
FW3344704.SRDUP, 27.76%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 33,775 | | | | 32,954 | | | | 34,269 | |
FW3344751.SRDUP, 27.42%, 08/10/2025 (a)(s) | | Upstart | | | 8/15/2022 | | | | 3,253 | | | | 3,200 | | | | 3,268 | |
FW3344753.SRDUP, 24.95%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 8,254 | | | | 8,012 | | | | 8,394 | |
FW3344754.SRDUP, 19.53%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 9,971 | | | | 9,741 | | | | 9,981 | |
FW3344757.SRDUP, 28.79%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 2,679 | | | | 2,599 | | | | 550 | |
FW3344787.SRDUP, 19.72%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 12,031 | | | | 11,670 | | | | 5,469 | |
FW3344806.SRDUP, 29.85%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 812 | | | | 792 | | | | 819 | |
FW3344875.SRDUP, 25.66%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 7,946 | | | | 7,755 | | | | 8,022 | |
FW3344886.SRDUP, 23.52%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 4,711 | | | | 4,599 | | | | 4,793 | |
FW3344919.SRDUP, 29.98%, 01/25/2028 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 12,724 | | | | 12,353 | | | | 12,135 | |
FW3344925.SRDUP, 29.69%, 01/10/2028 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 4,098 | | | | 3,976 | | | | 3,914 | |
FW3344973.SRDUP, 24.83%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 2,926 | | | | 2,865 | | | | 2,976 | |
FW3345025.SRDUP, 19.93%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 923 | | | | 902 | | | | 924 | |
FW3345027.SRDUP, 16.18%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 3,785 | | | | 3,700 | | | | 3,792 | |
FW3345036.SRDUP, 27.15%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 5,656 | | | | 5,520 | | | | 5,738 | |
FW3345070.SRDUP, 29.93%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,394 | | | | 1,361 | | | | 1,411 | |
FW3345074.SRDUP, 21.56%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,277 | | | | 1,247 | | | | 1,302 | |
FW3345093.SRDUP, 15.65%, 01/10/2028 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 42,766 | | | | 41,484 | | | | 18,038 | |
FW3345108.SRDUP, 21.17%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,549 | | | | 1,513 | | | | 1,571 | |
FW3345143.SRDUP, 22.63%, 08/10/2025 (a)(s) | | Upstart | | | 8/15/2022 | | | | 2,245 | | | | 2,214 | | | | 2,251 | |
FW3345176.SRDUP, 25.55%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 16,501 | | | | 16,006 | | | | 4,832 | |
FW3345244.SRDUP, 26.94%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 23,580 | | | | 22,873 | | | | 4,668 | |
FW3373195.SRDUP, 26.30%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 2,265 | | | | 2,210 | | | | 2,278 | |
FW3382367.SRDUP, 33.18%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 2,089 | | | | 2,042 | | | | 2,094 | |
FW3383096.SRDUP, 17.73%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 538 | | | | 530 | | | | 537 | |
FW3387472.SRDUP, 30.56%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 32,184 | | | | 31,376 | | | | 32,241 | |
FW3389292.SRDUP, 29.40%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,904 | | | | 1,857 | | | | 1,905 | |
FW3391054.SRDUP, 29.59%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 3,289 | | | | 3,207 | | | | 3,301 | |
FW3391076.SRDUP, 15.12%, 02/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 8,204 | | | | 7,958 | | | | 1,477 | |
FW3391086.SRDUP, 34.10%, 09/01/2025 (a)(p)(s) | | Upstart | | | 9/18/2023 | | | | 9,500 | | | | 9,215 | | | | 1,311 | |
FW3391123.SRDUP, 16.23%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 3,687 | | | | 3,603 | | | | 3,679 | |
FW3391232.SRDUP, 33.82%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 3,910 | | | | 3,792 | | | | 3,918 | |
FW3391252.SRDUP, 29.38%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,642 | | | | 1,602 | | | | 1,649 | |
FW3391261.SRDUP, 34.47%, 02/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 6,627 | | | | 6,428 | | | | 1,892 | |
FW3391265.SRDUP, 18.92%, 02/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 8,673 | | | | 8,459 | | | | 8,627 | |
FW3391326.SRDUP, 33.14%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 2,035 | | | | 1,974 | | | | 2,013 | |
FW3391331.SRDUP, 26.82%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 2,682 | | | | 2,624 | | | | 2,707 | |
FW3391334.SRDUP, 33.66%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 2,763 | | | | 2,693 | | | | 2,769 | |
FW3391367.SRDUP, 14.88%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 12,445 | | | | 12,164 | | | | 12,448 | |
FW3391392.SRDUP, 29.37%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,396 | | | | 1,362 | | | | 1,412 | |
FW3391398.SRDUP, 30.65%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 2,230 | | | | 2,175 | | | | 2,238 | |
FW3391443.SRDUP, 27.44%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 3,150 | | | | 3,097 | | | | 3,159 | |
FW3391463.SRDUP, 34.41%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 6,467 | | | | 6,303 | | | | 6,480 | |
FW3391536.SRDUP, 33.17%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,924 | | | | 1,876 | | | | 1,915 | |
FW3391540.SRDUP, 22.54%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 5,033 | | | | 4,914 | | | | 5,096 | |
FW3391565.SRDUP, 21.35%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,371 | | | | 1,338 | | | | 1,368 | |
FW3391607.SRDUP, 17.95%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 539 | | | | 530 | | | | 538 | |
FW3391608.SRDUP, 24.92%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 8,033 | | | | 7,839 | | | | 8,110 | |
FW3391636.SRDUP, 20.85%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,572 | | | | 1,535 | | | | 1,590 | |
FW3391657.SRDUP, 34.79%, 02/15/2028 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 23,682 | | | | 22,972 | | | | 4,479 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
125
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3391682.SRDUP, 33.15%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | $ | 3,008 | | | $ | 2,932 | | | $ | 3,015 | |
FW3391767.SRDUP, 30.29%, 09/01/2025 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 1,888 | | | | 1,852 | | | | 1,880 | |
FW3391778.SRDUP, 25.46%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,853 | | | | 1,813 | | | | 1,877 | |
FW3391781.SRDUP, 24.51%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 4,138 | | | | 4,038 | | | | 4,185 | |
FW3391879.SRDUP, 21.68%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 6,312 | | | | 6,164 | | | | 6,304 | |
FW3391897.SRDUP, 29.98%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 3,591 | | | | 3,484 | | | | 1,875 | |
FW3391911.SRDUP, 34.90%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 14,936 | | | | 14,489 | | | | 14,848 | |
FW3391946.SRDUP, 32.48%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 1,420 | | | | 1,378 | | | | 1,414 | |
FW3391950.SRDUP, 20.01%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 39,117 | | | | 38,201 | | | | 39,575 | |
FW3391954.SRDUP, 29.05%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,148 | | | | 1,120 | | | | 1,152 | |
FW3391960.SRDUP, 19.15%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 6,072 | | | | 5,931 | | | | 6,146 | |
FW3392065.SRDUP, 29.97%, 09/04/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 2,230 | | | | 2,174 | | | | 2,248 | |
FW3392163.SRDUP, 28.84%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,311 | | | | 1,278 | | | | 1,316 | |
FW3392184.SRDUP, 17.03%, 09/15/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 5,693 | | | | 5,523 | | | | 786 | |
FW3393350.SRDUP, 26.53%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 3,649 | | | | 3,554 | | | | 3,686 | |
FW3393442.SRDUP, 11.33%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 7,419 | | | | 7,255 | | | | 7,318 | |
FW3393816.SRDUP, 31.66%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 14,025 | | | | 13,674 | | | | 14,074 | |
FW3393823.SRDUP, 29.39%, 09/16/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 32,071 | | | | 31,109 | | | | 32,378 | |
FW3393834.SRDUP, 31.03%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,161 | | | | 1,131 | | | | 1,170 | |
FW3393860.SRDUP, 19.99%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 546 | | | | 537 | | | | 546 | |
FW3393879.SRDUP, 23.64%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,678 | | | | 1,650 | | | | 1,676 | |
FW3393906.SRDUP, 31.57%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,233 | | | | 1,212 | | | | 1,237 | |
FW3393921.SRDUP, 23.46%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 1,601 | | | | 1,558 | | | | 1,620 | |
FW3393950.SRDUP, 33.75%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 3,686 | | | | 3,592 | | | | 3,696 | |
FW3394089.SRDUP, 28.82%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 877 | | | | 855 | | | | 860 | |
FW3394115.SRDUP, 25.53%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,612 | | | | 1,573 | | | | 1,621 | |
FW3394194.SRDUP, 18.07%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 7,000 | | | | 6,790 | | | | 966 | |
FW3394243.SRDUP, 25.81%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,372 | | | | 1,339 | | | | 1,380 | |
FW3394271.SRDUP, 14.90%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 6,585 | | | | 6,387 | | | | 6,553 | |
FW3394345.SRDUP, 31.44%, 02/17/2028 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 27,212 | | | | 26,454 | | | | 25,857 | |
FW3394390.SRDUP, 27.09%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 4,550 | | | | 4,440 | | | | 4,530 | |
FW3394585.SRDUP, 31.57%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,161 | | | | 1,132 | | | | 1,166 | |
FW3394632.SRDUP, 28.05%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 3,451 | | | | 3,366 | | | | 3,437 | |
FW3394733.SRDUP, 29.28%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 2,896 | | | | 2,853 | | | | 2,905 | |
FW3394765.SRDUP, 34.33%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 5,110 | | | | 4,976 | | | | 2,694 | |
FW3394775.SRDUP, 34.16%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 5,538 | | | | 5,397 | | | | 5,552 | |
FW3394816.SRDUP, 29.97%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 2,849 | | | | 2,779 | | | | 2,859 | |
FW3394891.SRDUP, 21.89%, 02/02/2028 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 37,850 | | | | 36,744 | | | | 37,699 | |
FW3394942.SRDUP, 32.97%, 02/02/2026 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 5,111 | | | | 4,958 | | | | 3,013 | |
FW3394992.SRDUP, 16.05%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 27,036 | | | | 26,225 | | | | 3,330 | |
FW3395002.SRDUP, 27.44%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 2,410 | | | | 2,338 | | | | 333 | |
FW3395077.SRDUP, 33.93%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 2,469 | | | | 2,395 | | | | 341 | |
FW3395210.SRDUP, 29.75%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 3,250 | | | | 3,195 | | | | 3,255 | |
FW3395232.SRDUP, 29.72%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 8,224 | | | | 8,020 | | | | 8,259 | |
FW3395244.SRDUP, 34.35%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 5,045 | | | | 4,917 | | | | 5,022 | |
FW3395285.SRDUP, 15.35%, 09/02/2025 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 2,119 | | | | 2,084 | | | | 2,100 | |
FW3395340.SRDUP, 31.87%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 7,767 | | | | 7,537 | | | | 4,074 | |
FW3398692.SRDUP, 30.06%, 02/06/2028 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 1,872 | | | | 1,822 | | | | 99 | |
FW3399302.SRDUP, 10.61%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 35,292 | | | | 34,515 | | | | 34,816 | |
FW3401114.SRDUP, 34.00%, 02/06/2028 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 3,297 | | | | 3,207 | | | | 3,290 | |
FW3401125.SRDUP, 26.30%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 4,342 | | | | 4,233 | | | | 4,320 | |
FW3401342.SRDUP, 27.85%, 09/06/2025 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 1,308 | | | | 1,286 | | | | 1,315 | |
FW3401466.SRDUP, 28.93%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 4,099 | | | | 3,996 | | | | 4,143 | |
FW3401732.SRDUP, 34.63%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 10,925 | | | | 10,606 | | | | 10,978 | |
FW3401741.SRDUP, 32.70%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 1,913 | | | | 1,865 | | | | 1,923 | |
FW3401844.SRDUP, 13.55%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 1,241 | | | | 1,213 | | | | 1,235 | |
FW3401923.SRDUP, 29.26%, 09/06/2025 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 3,658 | | | | 3,574 | | | | 3,668 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
126
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3402005.SRDUP, 33.56%, 09/06/2027 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | $ | 2,572 | | | $ | 2,507 | | | $ | 2,584 | |
FW3402025.SRDUP, 26.61%, 09/06/2025 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 3,360 | | | | 3,259 | | | | 1,106 | |
FW3402261.SRDUP, 34.43%, 02/15/2028 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 5,932 | | | | 5,755 | | | | 5,330 | |
FW3402447.SRDUP, 15.12%, 09/06/2025 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 1,591 | | | | 1,561 | | | | 1,579 | |
FW3402478.SRDUP, 34.66%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 9,840 | | | | 9,590 | | | | 9,888 | |
FW3402560.SRDUP, 29.71%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 20,049 | | | | 19,551 | | | | 20,173 | |
FW3402644.SRDUP, 30.58%, 07/06/2028 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 15,809 | | | | 15,335 | | | | 8,113 | |
FW3402647.SRDUP, 18.09%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 21,121 | | | | 20,632 | | | | 21,134 | |
FW3479023.SRDUP, 29.93%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,003 | | | | 1,944 | | | | 2,012 | |
FW3496038.SRDUP, 18.33%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 423 | | | | 415 | | | | 422 | |
FW3499282.SRDUP, 25.60%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 9,466 | | | | 9,182 | | | | 1,306 | |
FW3499318.SRDUP, 27.64%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 7,365 | | | | 7,161 | | | | 7,453 | |
FW3499323.SRDUP, 24.17%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,374 | | | | 1,340 | | | | 1,397 | |
FW3499342.SRDUP, 29.93%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 5,561 | | | | 5,440 | | | | 5,578 | |
FW3499546.SRDUP, 25.80%, 10/22/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 3,847 | | | | 3,731 | | | | 797 | |
FW3499634.SRDUP, 24.31%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,871 | | | | 1,826 | | | | 1,897 | |
FW3499709.SRDUP, 23.87%, 03/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 1,333 | | | | 1,298 | | | | 1,322 | |
FW3499772.SRDUP, 28.67%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,479 | | | | 6,316 | | | | 6,462 | |
FW3499814.SRDUP, 29.62%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 1,902 | | | | 1,850 | | | | 1,910 | |
FW3499818.SRDUP, 19.72%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,702 | | | | 2,637 | | | | 2,729 | |
FW3499836.SRDUP, 20.93%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,640 | | | | 2,576 | | | | 2,685 | |
FW3499839.SRDUP, 29.37%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,250 | | | | 1,218 | | | | 1,246 | |
FW3499853.SRDUP, 29.93%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,031 | | | | 1,979 | | | | 2,027 | |
FW3499856.SRDUP, 26.88%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,017 | | | | 1,957 | | | | 591 | |
FW3499876.SRDUP, 23.10%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 33,687 | | | | 32,870 | | | | 34,176 | |
FW3499879.SRDUP, 17.31%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,107 | | | | 5,980 | | | | 6,109 | |
FW3499882.SRDUP, 25.15%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 7,470 | | | | 7,338 | | | | 7,537 | |
FW3499923.SRDUP, 29.63%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 5,422 | | | | 5,285 | | | | 5,407 | |
FW3499968.SRDUP, 19.82%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,172 | | | | 3,095 | | | | 3,214 | |
FW3499977.SRDUP, 11.97%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,078 | | | | 5,940 | | | | 6,043 | |
FW3499993.SRDUP, 18.48%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 5,288 | | | | 5,163 | | | | 5,276 | |
FW3500035.SRDUP, 28.37%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 30,009 | | | | 29,109 | | | | 30,160 | |
FW3500039.SRDUP, 29.98%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,086 | | | | 1,062 | | | | 1,083 | |
FW3500053.SRDUP, 6.00%, 10/13/2025 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 1,352 | | | | 1,324 | | | | 1,362 | |
FW3500123.SRDUP, 27.89%, 03/13/2028 (a)(s) | | Upstart | | | 10/18/2022 | | | | 8,782 | | | | 8,523 | | | | 8,547 | |
FW3500131.SRDUP, 15.16%, 03/13/2028 (a)(s) | | Upstart | | | 10/18/2022 | | | | 23,271 | | | | 22,706 | | | | 23,051 | |
FW3500176.SRDUP, 29.93%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 4,791 | | | | 4,647 | | | | 334 | |
FW3500211.SRDUP, 12.15%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 8,236 | | | | 8,065 | | | | 8,198 | |
FW3500223.SRDUP, 25.75%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,294 | | | | 2,238 | | | | 2,324 | |
FW3500283.SRDUP, 29.57%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,334 | | | | 1,301 | | | | 1,342 | |
FW3500297.SRDUP, 18.45%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 18,755 | | | | 18,193 | | | | 1,873 | |
FW3500298.SRDUP, 29.50%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 917 | | | | 897 | | | | 915 | |
FW3500322.SRDUP, 19.73%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 12,716 | | | | 12,412 | | | | 12,841 | |
FW3500327.SRDUP, 29.67%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 13,016 | | | | 12,688 | | | | 12,979 | |
FW3500335.SRDUP, 26.54%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,291 | | | | 3,208 | | | | 3,332 | |
FW3500340.SRDUP, 23.58%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,510 | | | | 3,449 | | | | 3,518 | |
FW3500342.SRDUP, 20.29%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 19,925 | | | | 19,448 | | | | 20,115 | |
FW3500372.SRDUP, 23.00%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 10,833 | | | | 10,600 | | | | 10,985 | |
FW3500397.SRDUP, 29.48%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,335 | | | | 3,251 | | | | 3,326 | |
FW3500398.SRDUP, 16.89%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,376 | | | | 3,320 | | | | 3,350 | |
FW3500435.SRDUP, 29.64%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,585 | | | | 1,545 | | | | 1,581 | |
FW3500450.SRDUP, 27.44%, 03/25/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 5,346 | | | | 5,191 | | | | 5,168 | |
FW3500464.SRDUP, 25.56%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,338 | | | | 1,315 | | | | 1,350 | |
FW3500490.SRDUP, 26.51%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 10,597 | | | | 10,334 | | | | 10,652 | |
FW3500521.SRDUP, 24.81%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,337 | | | | 1,314 | | | | 1,336 | |
FW3500523.SRDUP, 27.39%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,477 | | | | 2,416 | | | | 2,494 | |
FW3500536.SRDUP, 12.55%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 11,128 | | | | 10,874 | | | | 11,077 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
127
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3500545.SRDUP, 28.98%, 03/28/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | $ | 23,931 | | | $ | 23,219 | | | $ | 23,879 | |
FW3500552.SRDUP, 23.27%, 10/13/2025 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 4,386 | | | | 4,254 | | | | 605 | |
FW3500553.SRDUP, 27.33%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,140 | | | | 1,120 | | | | 1,149 | |
FW3500560.SRDUP, 28.60%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 18,362 | | | | 17,901 | | | | 18,442 | |
FW3500575.SRDUP, 25.61%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 4,915 | | | | 4,786 | | | | 4,978 | |
FW3500578.SRDUP, 16.33%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 14,341 | | | | 13,910 | | | | 1,979 | |
FW3500590.SRDUP, 22.38%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,062 | | | | 2,988 | | | | 3,089 | |
FW3500595.SRDUP, 27.47%, 10/13/2025 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 599 | | | | 583 | | | | 604 | |
FW3500596.SRDUP, 30.01%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 3,756 | | | | 3,661 | | | | 3,528 | |
FW3500598.SRDUP, 25.42%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 35,954 | | | | 35,066 | | | | 36,507 | |
FW3500603.SRDUP, 29.08%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 12,483 | | | | 12,169 | | | | 12,449 | |
FW3500616.SRDUP, 18.76%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 8,542 | | | | 8,398 | | | | 8,553 | |
FW3500621.SRDUP, 29.79%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,586 | | | | 1,546 | | | | 1,582 | |
FW3500625.SRDUP, 27.39%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 660 | | | | 649 | | | | 665 | |
FW3500703.SRDUP, 28.02%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 9,690 | | | | 9,448 | | | | 9,667 | |
FW3500705.SRDUP, 30.08%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 18,084 | | | | 17,542 | | | | 1,579 | |
FW3500721.SRDUP, 29.74%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 43,834 | | | | 42,519 | | | | 13,000 | |
FW3500736.SRDUP, 30.01%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 1,308 | | | | 1,273 | | | | 1,312 | |
FW3500743.SRDUP, 24.10%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 12,812 | | | | 12,476 | | | | 12,993 | |
FW3500761.SRDUP, 22.35%, 10/13/2025 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,634 | | | | 2,571 | | | | 2,636 | |
FW3500765.SRDUP, 23.74%, 03/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 15,743 | | | | 15,271 | | | | 4,461 | |
FW3500778.SRDUP, 26.15%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,970 | | | | 2,917 | | | | 2,997 | |
FW3500793.SRDUP, 30.02%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 360 | | | | 351 | | | | 351 | |
FW3500796.SRDUP, 24.93%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 4,144 | | | | 4,070 | | | | 4,176 | |
FW3500804.SRDUP, 24.54%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 590 | | | | 580 | | | | 595 | |
FW3500812.SRDUP, 27.42%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 9,636 | | | | 9,346 | | | | 1,873 | |
FW3500921.SRDUP, 12.21%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,255 | | | | 1,235 | | | | 1,245 | |
FW3500941.SRDUP, 22.77%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 1,455 | | | | 1,421 | | | | 1,476 | |
FW3500943.SRDUP, 27.44%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 9,253 | | | | 9,022 | | | | 9,363 | |
FW3500951.SRDUP, 29.33%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 4,142 | | | | 4,022 | | | | 4,160 | |
FW3501022.SRDUP, 11.80%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 33,772 | | | | 33,005 | | | | 33,576 | |
FW3501027.SRDUP, 27.51%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 15,615 | | | | 15,271 | | | | 15,582 | |
FW3501054.SRDUP, 27.15%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 9,074 | | | | 8,848 | | | | 9,056 | |
FW3501080.SRDUP, 28.48%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 34,193 | | | | 33,337 | | | | 34,110 | |
FW3501100.SRDUP, 22.14%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 14,326 | | | | 13,979 | | | | 14,452 | |
FW3501118.SRDUP, 28.50%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,719 | | | | 3,626 | | | | 3,737 | |
FW3501127.SRDUP, 21.19%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 578 | | | | 568 | | | | 579 | |
FW3501142.SRDUP, 29.97%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 965 | | | | 941 | | | | 967 | |
FW3501162.SRDUP, 26.17%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,158 | | | | 6,006 | | | | 6,148 | |
FW3501180.SRDUP, 16.17%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 18,307 | | | | 17,879 | | | | 18,275 | |
FW3501197.SRDUP, 29.09%, 03/22/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 1,056 | | | | 1,028 | | | | 1,026 | |
FW3501227.SRDUP, 30.05%, 08/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,574 | | | | 2,496 | | | | 2,431 | |
FW3501229.SRDUP, 26.78%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 9,249 | | | | 9,019 | | | | 9,234 | |
FW3501251.SRDUP, 18.41%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 10,279 | | | | 9,971 | | | | 1,944 | |
FW3501258.SRDUP, 29.73%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 918 | | | | 895 | | | | 916 | |
FW3501262.SRDUP, 29.26%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,499 | | | | 2,436 | | | | 2,492 | |
FW3501264.SRDUP, 26.76%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 5,169 | | | | 5,014 | | | | 1,070 | |
FW3501289.SRDUP, 29.85%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,756 | | | | 2,686 | | | | 2,748 | |
FW3501295.SRDUP, 29.80%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,662 | | | | 1,620 | | | | 1,669 | |
FW3501303.SRDUP, 29.89%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,482 | | | | 2,416 | | | | 738 | |
FW3501308.SRDUP, 28.56%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 5,562 | | | | 5,423 | | | | 5,549 | |
FW3501310.SRDUP, 29.70%, 10/21/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 1,002 | | | | 974 | | | | 999 | |
FW3501329.SRDUP, 27.65%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 7,432 | | | | 7,249 | | | | 7,471 | |
FW3501338.SRDUP, 29.94%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 9,847 | | | | 9,599 | | | | 9,984 | |
FW3501368.SRDUP, 24.11%, 03/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 14,080 | | | | 13,658 | | | | 2,846 | |
FW3501398.SRDUP, 21.49%, 08/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 43,549 | | | | 42,247 | | | | 41,092 | |
FW3535092.SRDUP, 27.39%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,229 | | | | 2,188 | | | | 2,220 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
128
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3537005.SRDUP, 21.95%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | $ | 7,908 | | | $ | 7,716 | | | $ | 7,846 | |
FW3541387.SRDUP, 28.86%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,011 | | | | 985 | | | | 1,020 | |
FW3541513.SRDUP, 26.16%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 6,662 | | | | 6,496 | | | | 6,660 | |
FW3541727.SRDUP, 29.20%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 866 | | | | 840 | | | | 231 | |
FW3541732.SRDUP, 25.48%, 04/01/2028 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 4,205 | | | | 4,097 | | | | 4,027 | |
FW3541734.SRDUP, 29.95%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 4,990 | | | | 4,863 | | | | 5,015 | |
FW3541759.SRDUP, 28.62%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 4,219 | | | | 4,113 | | | | 4,213 | |
FW3541761.SRDUP, 24.28%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 4,130 | | | | 4,027 | | | | 4,165 | |
FW3541801.SRDUP, 29.59%, 04/01/2028 (a)(s) | | Upstart | | | 11/4/2022 | | | | 17,215 | | | | 16,699 | | | | 16,631 | |
FW3541814.SRDUP, 25.10%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 3,724 | | | | 3,632 | | | | 3,753 | |
FW3541847.SRDUP, 28.38%, 11/15/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,870 | | | | 1,822 | | | | 1,869 | |
FW3541863.SRDUP, 22.30%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 5,723 | | | | 5,583 | | | | 5,734 | |
FW3541903.SRDUP, 20.10%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 4,448 | | | | 4,353 | | | | 4,460 | |
FW3541925.SRDUP, 29.58%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 1,047 | | | | 1,021 | | | | 1,049 | |
FW3541940.SRDUP, 27.95%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 822 | | | | 798 | | | | 826 | |
FW3541943.SRDUP, 30.08%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 5,043 | | | | 4,914 | | | | 5,054 | |
FW3541987.SRDUP, 26.90%, 04/01/2028 (a)(s) | | Upstart | | | 11/4/2022 | | | | 10,435 | | | | 10,157 | | | | 10,333 | |
FW3541991.SRDUP, 33.42%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,401 | | | | 2,347 | | | | 2,408 | |
FW3542009.SRDUP, 26.08%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 16,641 | | | | 16,225 | | | | 16,762 | |
FW3542010.SRDUP, 25.74%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,661 | | | | 1,620 | | | | 1,674 | |
FW3542062.SRDUP, 27.08%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,188 | | | | 1,169 | | | | 1,207 | |
FW3542156.SRDUP, 24.72%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 41,347 | | | | 40,322 | | | | 41,823 | |
FW3542159.SRDUP, 22.35%, 11/01/2025 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 3,193 | | | | 3,123 | | | | 3,192 | |
FW3542218.SRDUP, 28.57%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,346 | | | | 1,312 | | | | 1,353 | |
FW3542250.SRDUP, 26.82%, 11/01/2025 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 1,113 | | | | 1,079 | | | | 365 | |
FW3542288.SRDUP, 21.13%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 7,574 | | | | 7,390 | | | | 7,510 | |
FW3542290.SRDUP, 29.36%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 928 | | | | 905 | | | | 936 | |
FW3542294.SRDUP, 29.73%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,133 | | | | 1,105 | | | | 1,130 | |
FW3542328.SRDUP, 18.66%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 11,111 | | | | 10,778 | | | | 1,188 | |
FW3542332.SRDUP, 25.85%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 6,649 | | | | 6,483 | | | | 6,722 | |
FW3542345.SRDUP, 22.07%, 11/01/2025 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 2,440 | | | | 2,397 | | | | 2,438 | |
FW3542352.SRDUP, 25.74%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 4,011 | | | | 3,911 | | | | 4,031 | |
FW3542357.SRDUP, 28.49%, 04/01/2028 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 5,721 | | | | 5,550 | | | | 1,608 | |
FW3542366.SRDUP, 22.33%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 5,315 | | | | 5,185 | | | | 5,383 | |
FW3542370.SRDUP, 25.35%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,239 | | | | 1,216 | | | | 1,259 | |
FW3542396.SRDUP, 17.86%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 24,356 | | | | 23,626 | | | | 24,144 | |
FW3542405.SRDUP, 21.30%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 327 | | | | 317 | | | | 324 | |
FW3542407.SRDUP, 24.57%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 10,743 | | | | 10,508 | | | | 10,867 | |
FW3542413.SRDUP, 30.00%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 3,976 | | | | 3,875 | | | | 3,998 | |
FW3542431.SRDUP, 12.92%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 5,857 | | | | 5,722 | | | | 5,772 | |
FW3542470.SRDUP, 28.64%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 5,300 | | | | 5,166 | | | | 5,334 | |
FW3542479.SRDUP, 29.50%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 929 | | | | 905 | | | | 934 | |
FW3542538.SRDUP, 28.16%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 3,191 | | | | 3,110 | | | | 3,221 | |
FW3542581.SRDUP, 24.40%, 04/01/2028 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 2,513 | | | | 2,444 | | | | 2,535 | |
FW3542603.SRDUP, 27.86%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 7,462 | | | | 7,274 | | | | 7,509 | |
FW3542644.SRDUP, 28.00%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 1,511 | | | | 1,473 | | | | 1,526 | |
FW3542659.SRDUP, 27.95%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 1,697 | | | | 1,647 | | | | 1,696 | |
FW3542662.SRDUP, 12.00%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,323 | | | | 2,269 | | | | 2,309 | |
FW3542669.SRDUP, 28.32%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 18,737 | | | | 18,264 | | | | 18,915 | |
FW3542719.SRDUP, 19.30%, 11/02/2025 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 4,366 | | | | 4,235 | | | | 1,290 | |
FW3542728.SRDUP, 27.25%, 11/02/2027 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 3,445 | | | | 3,352 | | | | 3,389 | |
FW3542735.SRDUP, 12.79%, 11/02/2025 (a)(s) | | Upstart | | | 11/7/2022 | | | | 3,852 | | | | 3,787 | | | | 3,813 | |
FW3542770.SRDUP, 28.90%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 15,717 | | | | 15,365 | | | | 15,773 | |
FW3542839.SRDUP, 25.58%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 9,298 | | | | 9,066 | | | | 9,404 | |
FW3542860.SRDUP, 17.01%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 3,980 | | | | 3,886 | | | | 3,955 | |
FW3542869.SRDUP, 17.18%, 11/02/2027 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 11,961 | | | | 11,667 | | | | 11,857 | |
FW3542901.SRDUP, 29.75%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 1,859 | | | | 1,818 | | | | 1,870 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
129
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3542904.SRDUP, 29.17%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | $ | 4,216 | | | $ | 4,121 | | | $ | 4,241 | |
FW3542909.SRDUP, 27.18%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 12,292 | | | | 11,983 | | | | 12,369 | |
FW3542919.SRDUP, 22.51%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 1,882 | | | | 1,836 | | | | 1,886 | |
FW3542920.SRDUP, 27.40%, 11/02/2025 (a)(s) | | Upstart | | | 11/7/2022 | | | | 681 | | | | 669 | | | | 679 | |
FW3542964.SRDUP, 25.68%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 4,153 | | | | 4,049 | | | | 4,187 | |
FW3542972.SRDUP, 14.72%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 4,717 | | | | 4,607 | | | | 4,690 | |
FW3542975.SRDUP, 25.31%, 04/02/2026 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 2,923 | | | | 2,859 | | | | 2,964 | |
FW3542980.SRDUP, 20.84%, 11/08/2027 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 23,294 | | | | 22,595 | | | | 5,844 | |
FW3543000.SRDUP, 29.99%, 11/02/2027 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 1,267 | | | | 1,234 | | | | 1,274 | |
FW3543018.SRDUP, 29.18%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 1,265 | | | | 1,233 | | | | 1,254 | |
FW3543028.SRDUP, 18.55%, 11/02/2025 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 4,342 | | | | 4,212 | | | | 452 | |
FW3543054.SRDUP, 25.59%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 24,242 | | | | 23,638 | | | | 24,520 | |
FW3543067.SRDUP, 23.02%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 1,641 | | | | 1,601 | | | | 1,644 | |
FW3543119.SRDUP, 25.49%, 11/17/2025 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 2,029 | | | | 1,968 | | | | 621 | |
FW3903662.SRDUP, 25.51%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 26,448 | | | | 26,321 | | | | 25,697 | |
FW3904151.SRDUP, 28.76%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 27,148 | | | | 27,016 | | | | 25,203 | |
FW3907323.SRDUP, 23.24%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 20,764 | | | | 20,665 | | | | 19,368 | |
FW3909774.SRDUP, 28.77%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,027 | | | | 1,022 | | | | 955 | |
FW3909790.SRDUP, 28.77%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,126 | | | | 1,120 | | | | 1,047 | |
FW3909802.SRDUP, 28.42%, 08/16/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,415 | | | | 1,409 | | | | 1,314 | |
FW3909817.SRDUP, 14.88%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 14,199 | | | | 14,131 | | | | 13,886 | |
FW3909823.SRDUP, 25.67%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,578 | | | | 1,571 | | | | 1,468 | |
FW3909828.SRDUP, 22.21%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 26,263 | | | | 26,138 | | | | 25,506 | |
FW3909839.SRDUP, 27.74%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,220 | | | | 1,214 | | | | 1,134 | |
FW3909860.SRDUP, 26.63%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 13,461 | | | | 13,396 | | | | 12,533 | |
FW3909883.SRDUP, 24.85%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,185 | | | | 3,171 | | | | 3,088 | |
FW3909903.SRDUP, 27.62%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,118 | | | | 1,113 | | | | 1,039 | |
FW3909916.SRDUP, 30.14%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,528 | | | | 2,516 | | | | 2,350 | |
FW3909923.SRDUP, 20.92%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 31,333 | | | | 31,185 | | | | 30,440 | |
FW3909927.SRDUP, 28.85%, 01/02/2029 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,066 | | | | 1,061 | | | | 1,002 | |
FW3909942.SRDUP, 26.74%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 13,942 | | | | 13,875 | | | | 12,993 | |
FW3909962.SRDUP, 28.19%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,428 | | | | 1,420 | | | | 397 | |
FW3909983.SRDUP, 28.28%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 25,475 | | | | 25,351 | | | | 23,676 | |
FW3909987.SRDUP, 23.11%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 21,338 | | | | 21,237 | | | | 20,722 | |
FW3909990.SRDUP, 20.42%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,652 | | | | 1,650 | | | | 1,606 | |
FW3910012.SRDUP, 23.49%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,878 | | | | 1,869 | | | | 835 | |
FW3910025.SRDUP, 17.69%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 6,018 | | | | 5,991 | | | | 5,879 | |
FW3910041.SRDUP, 28.47%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,298 | | | | 3,282 | | | | 3,071 | |
FW3910054.SRDUP, 28.39%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,293 | | | | 4,273 | | | | 3,990 | |
FW3910073.SRDUP, 28.67%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 7,471 | | | | 7,434 | | | | 6,943 | |
FW3910081.SRDUP, 28.86%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,603 | | | | 1,595 | | | | 775 | |
FW3910114.SRDUP, 16.81%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,458 | | | | 2,447 | | | | 2,397 | |
FW3910117.SRDUP, 28.02%, 01/17/2029 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 2,271 | | | | 2,260 | | | | 2,175 | |
FW3910145.SRDUP, 25.69%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 17,025 | | | | 16,954 | | | | 16,533 | |
FW3910149.SRDUP, 22.37%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,570 | | | | 4,551 | | | | 4,481 | |
FW3910150.SRDUP, 24.55%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,506 | | | | 4,486 | | | | 4,383 | |
FW3910153.SRDUP, 28.37%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,865 | | | | 1,856 | | | | 1,738 | |
FW3910184.SRDUP, 28.77%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 933 | | | | 929 | | | | 869 | |
FW3910185.SRDUP, 15.74%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 13,613 | | | | 13,550 | | | | 13,302 | |
FW3910191.SRDUP, 29.38%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 901 | | | | 896 | | | | 837 | |
FW3910197.SRDUP, 16.66%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 10,915 | | | | 10,865 | | | | 10,665 | |
FW3910219.SRDUP, 28.37%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,480 | | | | 4,458 | | | | 4,164 | |
FW3910232.SRDUP, 27.68%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 14,447 | | | | 14,377 | | | | 14,009 | |
FW3910244.SRDUP, 20.90%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,899 | | | | 2,887 | | | | 2,837 | |
FW3910270.SRDUP, 28.66%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,681 | | | | 1,673 | | | | 1,629 | |
FW3910278.SRDUP, 24.79%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 12,046 | | | | 11,989 | | | | 11,690 | |
FW3910304.SRDUP, 25.71%, 08/02/2026 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,090 | | | | 1,086 | | | | 1,061 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
130
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3910396.SRDUP, 26.14%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | $ | 9,756 | | | $ | 9,710 | | | $ | 9,465 | |
FW3910397.SRDUP, 30.32%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,045 | | | | 1,040 | | | | 970 | |
FW3910426.SRDUP, 28.49%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,014 | | | | 1,009 | | | | 983 | |
FW3910507.SRDUP, 23.63%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,757 | | | | 4,736 | | | | 4,652 | |
FW3910584.SRDUP, 23.46%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 41,580 | | | | 41,382 | | | | 40,367 | |
FW3910608.SRDUP, 22.13%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 3,685 | | | | 3,668 | | | | 3,581 | |
FW3910652.SRDUP, 14.50%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,628 | | | | 1,621 | | | | 1,603 | |
FW3910687.SRDUP, 18.34%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 10,412 | | | | 10,364 | | | | 10,170 | |
FW3910704.SRDUP, 24.23%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 8,978 | | | | 8,935 | | | | 8,346 | |
FW3910740.SRDUP, 23.28%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,082 | | | | 2,073 | | | | 2,041 | |
FW3910763.SRDUP, 29.06%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,215 | | | | 1,209 | | | | 1,129 | |
FW3910782.SRDUP, 28.83%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 1,178 | | | | 1,172 | | | | 86 | |
FW3910897.SRDUP, 28.43%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,528 | | | | 1,521 | | | | 1,422 | |
FW3910936.SRDUP, 17.18%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,849 | | | | 4,825 | | | | 4,730 | |
FW3910997.SRDUP, 20.31%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,661 | | | | 2,648 | | | | 2,587 | |
FW3911028.SRDUP, 14.95%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,981 | | | | 4,959 | | | | 4,868 | |
FW3911077.SRDUP, 17.74%, 08/07/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,474 | | | | 2,464 | | | | 2,413 | |
FW3911096.SRDUP, 27.27%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,106 | | | | 1,100 | | | | 1,030 | |
FW3911228.SRDUP, 26.06%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 9,288 | | | | 9,244 | | | | 8,633 | |
FW3911452.SRDUP, 29.94%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 936 | | | | 932 | | | | 870 | |
FW3911485.SRDUP, 26.15%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 4,184 | | | | 4,165 | | | | 3,892 | |
FW3911503.SRDUP, 28.50%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 4,732 | | | | 4,709 | | | | 4,406 | |
FW3911505.SRDUP, 25.70%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 3,524 | | | | 3,508 | | | | 3,447 | |
FW3911520.SRDUP, 23.28%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 4,532 | | | | 4,514 | | | | 4,442 | |
FW3911549.SRDUP, 13.22%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 2,644 | | | | 2,632 | | | | 2,603 | |
FW3911585.SRDUP, 28.61%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 15,950 | | | | 15,874 | | | | 14,838 | |
FW3911654.SRDUP, 28.54%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 8,216 | | | | 8,176 | | | | 7,640 | |
FW3911655.SRDUP, 26.17%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,875 | | | | 1,866 | | | | 1,744 | |
FW3911700.SRDUP, 28.82%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 966 | | | | 962 | | | | 897 | |
FW3911710.SRDUP, 27.06%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,647 | | | | 1,639 | | | | 1,536 | |
FW3911724.SRDUP, 28.00%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,778 | | | | 1,770 | | | | 1,731 | |
FW3911734.SRDUP, 21.53%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 3,220 | | | | 3,205 | | | | 3,131 | |
FW3911754.SRDUP, 28.55%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,587 | | | | 1,580 | | | | 1,476 | |
FW3911901.SRDUP, 20.24%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 4,587 | | | | 4,565 | | | | 4,462 | |
FW3912008.SRDUP, 23.45%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 9,240 | | | | 9,196 | | | | 8,974 | |
FW3912009.SRDUP, 28.31%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,120 | | | | 1,114 | | | | 1,041 | |
FW3912249.SRDUP, 26.71%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 10,115 | | | | 10,094 | | | | 9,412 | |
FW3912567.SRDUP, 28.81%, 01/03/2029 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 45,142 | | | | 44,916 | | | | 43,993 | |
FW3912981.SRDUP, 27.47%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 13,473 | | | | 13,419 | | | | 12,517 | |
FW3913029.SRDUP, 28.58%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 910 | | | | 908 | | | | 848 | |
FW3913051.SRDUP, 28.03%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 3,098 | | | | 3,082 | | | | 205 | |
FW3913062.SRDUP, 19.04%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 978 | | | | 974 | | | | 953 | |
FW3913149.SRDUP, 28.30%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 8,681 | | | | 8,639 | | | | 8,078 | |
FW3913160.SRDUP, 24.43%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,171 | | | | 1,166 | | | | 1,146 | |
FW3913164.SRDUP, 27.55%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,607 | | | | 1,600 | | | | 1,565 | |
FW3913197.SRDUP, 29.84%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 14,039 | | | | 13,971 | | | | 13,063 | |
FW3913202.SRDUP, 28.26%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,666 | | | | 4,643 | | | | 4,342 | |
FW3913234.SRDUP, 25.83%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,114 | | | | 1,109 | | | | 1,037 | |
FW3913257.SRDUP, 27.84%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,929 | | | | 1,920 | | | | 1,794 | |
FW3913294.SRDUP, 13.71%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 25,279 | | | | 25,163 | | | | 24,892 | |
FW3913360.SRDUP, 18.96%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,879 | | | | 2,876 | | | | 2,826 | |
FW3913392.SRDUP, 26.53%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 41,857 | | | | 41,655 | | | | 38,954 | |
FW3913393.SRDUP, 28.28%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,096 | | | | 2,085 | | | | 2,043 | |
FW3913420.SRDUP, 18.80%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 3,402 | | | | 3,388 | | | | 3,320 | |
FW3913458.SRDUP, 28.58%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 934 | | | | 929 | | | | 869 | |
FW3913467.SRDUP, 25.66%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,270 | | | | 4,250 | | | | 3,974 | |
FW3913483.SRDUP, 28.25%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 973 | | | | 969 | | | | 909 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
131
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3913541.SRDUP, 30.04%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | $ | 2,528 | | | $ | 2,516 | | | $ | 2,352 | |
FW3913549.SRDUP, 21.56%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 5,977 | | | | 5,949 | | | | 5,821 | |
FW3913559.SRDUP, 28.77%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 1,945 | | | | 1,936 | | | | 1,891 | |
FW3913574.SRDUP, 24.39%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 23,271 | | | | 23,228 | | | | 22,610 | |
FW3913845.SRDUP, 27.67%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 5,115 | | | | 5,093 | | | | 4,965 | |
FW3913941.SRDUP, 25.75%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,114 | | | | 1,109 | | | | 1,037 | |
FW3914457.SRDUP, 24.99%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 23,987 | | | | 23,941 | | | | 22,385 | |
FW3914563.SRDUP, 29.04%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,336 | | | | 2,325 | | | | 2,174 | |
FW3954151.SRDUP, 24.17%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 5,192 | | | | 5,167 | | | | 5,036 | |
FW3954176.SRDUP, 24.45%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 7,858 | | | | 7,820 | | | | 7,302 | |
FW3954194.SRDUP, 22.30%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 5,904 | | | | 5,876 | | | | 5,739 | |
FW3954219.SRDUP, 29.64%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 4,153 | | | | 4,133 | | | | 3,858 | |
FW3954238.SRDUP, 25.67%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,658 | | | | 2,646 | | | | 2,597 | |
FW3954271.SRDUP, 15.91%, 09/01/2026 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 3,598 | | | | 3,583 | | | | 3,542 | |
FW3954298.SRDUP, 26.03%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 3,795 | | | | 3,777 | | | | 3,527 | |
FW3954338.SRDUP, 18.89%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 3,702 | | | | 3,685 | | | | 3,601 | |
FW3954340.SRDUP, 25.81%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 33,127 | | | | 32,961 | | | | 2,431 | |
FW3954375.SRDUP, 30.61%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 3,434 | | | | 3,417 | | | | 3,190 | |
FW3954377.SRDUP, 28.83%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 2,966 | | | | 2,951 | | | | 2,755 | |
FW3954388.SRDUP, 28.80%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 12,916 | | | | 12,853 | | | | 11,979 | |
FW3954472.SRDUP, 24.71%, 09/01/2026 (a)(s) | | Upstart | | | 9/7/2023 | | | | 2,489 | | | | 2,478 | | | | 2,413 | |
FW3954483.SRDUP, 28.57%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 1,319 | | | | 1,313 | | | | 1,224 | |
FW3954538.SRDUP, 29.94%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 3,399 | | | | 3,383 | | | | 3,158 | |
FW3954565.SRDUP, 28.19%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 3,320 | | | | 3,307 | | | | 3,081 | |
FW3954570.SRDUP, 31.00%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 4,618 | | | | 4,596 | | | | 4,288 | |
FW3955057.SRDUP, 24.99%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 907 | | | | 903 | | | | 842 | |
FW3955805.SRDUP, 29.60%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 8,853 | | | | 8,809 | | | | 4,289 | |
FW3955825.SRDUP, 26.51%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 20,186 | | | | 20,088 | | | | 18,802 | |
FW3955827.SRDUP, 29.98%, 02/05/2029 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 1,781 | | | | 1,774 | | | | 1,708 | |
FW3955871.SRDUP, 20.77%, 09/10/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 17,149 | | | | 17,069 | | | | 16,694 | |
FW3955878.SRDUP, 23.61%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 10,951 | | | | 10,896 | | | | 3,009 | |
FW3955879.SRDUP, 30.18%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 3,869 | | | | 3,851 | | | | 3,590 | |
FW3955882.SRDUP, 20.21%, 09/05/2026 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 15,670 | | | | 15,591 | | | | 3,092 | |
FW3955883.SRDUP, 25.31%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,155 | | | | 2,145 | | | | 2,094 | |
FW3955885.SRDUP, 20.21%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 910 | | | | 909 | | | | 883 | |
FW3955977.SRDUP, 25.26%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 859 | | | | 856 | | | | 835 | |
FW3955984.SRDUP, 24.06%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 13,579 | | | | 13,513 | | | | 12,613 | |
FW3956006.SRDUP, 21.70%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,705 | | | | 1,698 | | | | 1,668 | |
FW3956033.SRDUP, 29.70%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 3,870 | | | | 3,851 | | | | 3,604 | |
FW3956036.SRDUP, 24.94%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 923 | | | | 919 | | | | 904 | |
FW3956062.SRDUP, 22.12%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 6,520 | | | | 6,489 | | | | 6,345 | |
FW3956066.SRDUP, 27.42%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 6,251 | | | | 6,221 | | | | 5,820 | |
FW3956078.SRDUP, 24.11%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 7,466 | | | | 7,430 | | | | 6,954 | |
FW3956097.SRDUP, 24.53%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 5,862 | | | | 5,833 | | | | 5,696 | |
FW3956111.SRDUP, 26.15%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,033 | | | | 1,029 | | | | 1,004 | |
FW3956150.SRDUP, 22.26%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 23,033 | | | | 22,923 | | | | 22,393 | |
FW3956162.SRDUP, 24.71%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 33,318 | | | | 33,158 | | | | 32,379 | |
FW3956168.SRDUP, 26.91%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,345 | | | | 2,343 | | | | 2,184 | |
FW3956185.SRDUP, 23.42%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 3,070 | | | | 3,069 | | | | 3,004 | |
FW3956211.SRDUP, 29.66%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 8,306 | | | | 8,265 | | | | 7,734 | |
FW3956240.SRDUP, 24.65%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,340 | | | | 2,328 | | | | 2,274 | |
FW3956246.SRDUP, 30.25%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,903 | | | | 1,894 | | | | 1,770 | |
FW3956263.SRDUP, 30.04%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 435 | | | | 433 | | | | 408 | |
FW3956296.SRDUP, 29.97%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,077 | | | | 2,067 | | | | 1,935 | |
FW3956309.SRDUP, 22.64%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 3,448 | | | | 3,432 | | | | 3,355 | |
FW3956315.SRDUP, 26.80%, 02/05/2027 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 2,613 | | | | 2,601 | | | | 2,528 | |
FW3956330.SRDUP, 29.75%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 10,475 | | | | 10,424 | | | | 9,754 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
132
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW3956343.SRDUP, 17.00%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | $ | 41,484 | | | $ | 41,290 | | | $ | 40,558 | |
FW3956361.SRDUP, 28.40%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 3,111 | | | | 3,096 | | | | 2,896 | |
FW3956371.SRDUP, 31.01%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 5,864 | | | | 5,836 | | | | 5,461 | |
FW3956386.SRDUP, 27.87%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,353 | | | | 2,341 | | | | 2,191 | |
FW3956410.SRDUP, 19.62%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,112 | | | | 1,107 | | | | 1,083 | |
FW3956413.SRDUP, 25.80%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 9,377 | | | | 9,332 | | | | 8,735 | |
FW3956414.SRDUP, 30.66%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 1,249 | | | | 1,243 | | | | 1,162 | |
FW3956431.SRDUP, 29.68%, 02/05/2029 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 6,629 | | | | 6,596 | | | | 6,241 | |
FW3956438.SRDUP, 28.92%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,828 | | | | 2,814 | | | | 2,634 | |
FW3956461.SRDUP, 29.07%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 4,221 | | | | 4,200 | | | | 3,929 | |
FW3956469.SRDUP, 29.68%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 3,209 | | | | 3,193 | | | | 2,988 | |
FW3956483.SRDUP, 29.84%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,133 | | | | 1,127 | | | | 1,055 | |
FW3956497.SRDUP, 17.20%, 09/05/2026 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 1,373 | | | | 1,367 | | | | 1,340 | |
FW3956629.SRDUP, 27.86%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,034 | | | | 1,029 | | | | 1,002 | |
FW3956677.SRDUP, 24.70%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 15,629 | | | | 15,621 | | | | 14,559 | |
FW3956708.SRDUP, 25.69%, 02/05/2029 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 9,283 | | | | 9,236 | | | | 9,025 | |
FW3956853.SRDUP, 26.32%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 2,162 | | | | 2,152 | | | | 2,011 | |
FW3956858.SRDUP, 28.89%, 02/05/2029 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 6,590 | | | | 6,557 | | | | 6,260 | |
FW3956859.SRDUP, 19.27%, 09/05/2026 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 6,468 | | | | 6,440 | | | | 6,339 | |
FW3956866.SRDUP, 22.67%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 932 | | | | 932 | | | | 907 | |
FW3956878.SRDUP, 30.02%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,172 | | | | 2,161 | | | | 2,023 | |
FW3956913.SRDUP, 30.03%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,172 | | | | 2,161 | | | | 2,023 | |
FW3957002.SRDUP, 19.05%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 5,555 | | | | 5,529 | | | | 5,411 | |
FW3957086.SRDUP, 10.26%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 22,242 | | | | 22,141 | | | | 21,774 | |
FW3957092.SRDUP, 29.91%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,400 | | | | 1,393 | | | | 1,303 | |
FW3957266.SRDUP, 20.55%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 12,012 | | | | 11,956 | | | | 11,682 | |
FW3957354.SRDUP, 28.76%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 906 | | | | 901 | | | | 842 | |
FW3957425.SRDUP, 30.95%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 6,431 | | | | 6,400 | | | | 5,988 | |
FW3957495.SRDUP, 18.85%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,113 | | | | 2,104 | | | | 1,969 | |
FW3957509.SRDUP, 26.76%, 09/05/2026 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 2,460 | | | | 2,450 | | | | 2,388 | |
FW3957551.SRDUP, 29.53%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,698 | | | | 1,690 | | | | 1,582 | |
FW3957660.SRDUP, 25.28%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 5,846 | | | | 5,820 | | | | 5,713 | |
FW3957680.SRDUP, 23.50%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 21,216 | | | | 21,124 | | | | 20,779 | |
FW3957681.SRDUP, 29.31%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,698 | | | | 1,690 | | | | 1,581 | |
FW3957724.SRDUP, 11.53%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 4,157 | | | | 4,140 | | | | 4,083 | |
FW3957773.SRDUP, 19.39%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 13,898 | | | | 13,833 | | | | 13,517 | |
FW3957923.SRDUP, 30.06%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,307 | | | | 1,301 | | | | 1,268 | |
FW3958392.SRDUP, 21.76%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 8,005 | | | | 7,967 | | | | 7,786 | |
FW3959080.SRDUP, 11.63%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 22,771 | | | | 22,667 | | | | 22,296 | |
FW3959880.SRDUP, 23.29%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 23,337 | | | | 23,226 | | | | 22,702 | |
FW3959896.SRDUP, 28.77%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 14,137 | | | | 14,068 | | | | 13,166 | |
FW3959966.SRDUP, 23.08%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 46,568 | | | | 46,346 | | | | 45,300 | |
FW3960052.SRDUP, 25.36%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 21,739 | | | | 21,634 | | | | 20,250 | |
FW3960098.SRDUP, 28.42%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,374 | | | | 2,363 | | | | 2,207 | |
FW3960189.SRDUP, 29.09%, 09/05/2026 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 2,201 | | | | 2,190 | | | | 451 | |
FW3960298.SRDUP, 26.85%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 9,394 | | | | 9,349 | | | | 8,756 | |
FW3960519.SRDUP, 26.59%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,226 | | | | 2,216 | | | | 2,162 | |
FW3960562.SRDUP, 15.67%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 6,618 | | | | 6,588 | | | | 6,472 | |
FW3960721.SRDUP, 19.68%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 12,609 | | | | 12,549 | | | | 12,317 | |
FW3960916.SRDUP, 20.87%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 18,091 | | | | 18,005 | | | | 17,605 | |
FW3960979.SRDUP, 29.71%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 1,888 | | | | 1,879 | | | | 1,759 | |
FW3961016.SRDUP, 26.49%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 1,010 | | | | 1,005 | | | | 941 | |
FW3961051.SRDUP, 29.58%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 3,586 | | | | 3,569 | | | | 3,342 | |
FW3961069.SRDUP, 26.17%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 4,692 | | | | 4,669 | | | | 4,373 | |
FW3961171.SRDUP, 23.72%, 09/06/2026 (a)(s) | | Upstart | | | 9/11/2023 | | | | 3,426 | | | | 3,410 | | | | 3,356 | |
FW4005935.SRDUP, 18.43%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,085 | | | | 6,056 | | | | 5,954 | |
FW4007221.SRDUP, 28.32%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,768 | | | | 4,745 | | | | 4,447 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
133
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW4007629.SRDUP, 24.20%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | $ | 5,649 | | | $ | 5,622 | | | $ | 5,486 | |
FW4007965.SRDUP, 16.30%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,502 | | | | 2,492 | | | | 2,441 | |
FW4007971.SRDUP, 27.62%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,900 | | | | 1,891 | | | | 1,768 | |
FW4007992.SRDUP, 22.56%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 9,183 | | | | 9,139 | | | | 8,920 | |
FW4007996.SRDUP, 19.03%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 10,402 | | | | 10,352 | | | | 10,117 | |
FW4008006.SRDUP, 29.38%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 9,605 | | | | 9,558 | | | | 8,939 | |
FW4008016.SRDUP, 29.19%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,047 | | | | 1,042 | | | | 974 | |
FW4008022.SRDUP, 29.16%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 8,093 | | | | 8,054 | | | | 7,529 | |
FW4008039.SRDUP, 24.37%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 16,035 | | | | 15,958 | | | | 15,659 | |
FW4008045.SRDUP, 20.39%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,663 | | | | 3,646 | | | | 3,580 | |
FW4008050.SRDUP, 29.11%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,231 | | | | 3,215 | | | | 3,006 | |
FW4008054.SRDUP, 27.45%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,185 | | | | 2,174 | | | | 2,032 | |
FW4008067.SRDUP, 18.76%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 15,659 | | | | 15,590 | | | | 15,311 | |
FW4008075.SRDUP, 29.46%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,191 | | | | 2,180 | | | | 2,038 | |
FW4008078.SRDUP, 22.78%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 10,656 | | | | 10,605 | | | | 10,344 | |
FW4008091.SRDUP, 27.87%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 3,034 | | | | 3,019 | | | | 2,823 | |
FW4008099.SRDUP, 27.35%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,538 | | | | 3,522 | | | | 3,411 | |
FW4008125.SRDUP, 21.15%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,011 | | | | 2,002 | | | | 1,966 | |
FW4008149.SRDUP, 24.33%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 4,393 | | | | 4,372 | | | | 4,086 | |
FW4008174.SRDUP, 12.25%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 858 | | | | 854 | | | | 846 | |
FW4008183.SRDUP, 20.21%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 43,616 | | | | 43,424 | | | | 42,636 | |
FW4008218.SRDUP, 22.99%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 12,595 | | | | 12,534 | | | | 12,227 | |
FW4008233.SRDUP, 21.67%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 10,637 | | | | 10,586 | | | | 10,338 | |
FW4008289.SRDUP, 28.33%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 9,484 | | | | 9,438 | | | | 8,826 | |
FW4008317.SRDUP, 17.42%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 28,406 | | | | 28,272 | | | | 27,772 | |
FW4008328.SRDUP, 26.92%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,847 | | | | 2,834 | | | | 2,649 | |
FW4008330.SRDUP, 29.13%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,666 | | | | 2,662 | | | | 2,480 | |
FW4008335.SRDUP, 28.74%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,618 | | | | 1,610 | | | | 1,505 | |
FW4008368.SRDUP, 23.16%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,170 | | | | 2,160 | | | | 2,107 | |
FW4008382.SRDUP, 22.41%, 10/06/2026 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 12,965 | | | | 12,900 | | | | 1,290 | |
FW4008390.SRDUP, 28.77%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,618 | | | | 1,610 | | | | 1,505 | |
FW4008392.SRDUP, 27.29%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,676 | | | | 1,668 | | | | 1,622 | |
FW4008401.SRDUP, 21.80%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 26,253 | | | | 26,137 | | | | 25,657 | |
FW4008403.SRDUP, 20.11%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,347 | | | | 2,336 | | | | 2,282 | |
FW4008408.SRDUP, 29.06%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,332 | | | | 3,316 | | | | 3,100 | |
FW4008415.SRDUP, 24.15%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 7,385 | | | | 7,352 | | | | 7,215 | |
FW4008418.SRDUP, 25.74%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,996 | | | | 5,970 | | | | 5,782 | |
FW4008431.SRDUP, 29.04%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 14,014 | | | | 13,944 | | | | 13,033 | |
FW4008437.SRDUP, 22.65%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,984 | | | | 3,965 | | | | 3,890 | |
FW4008443.SRDUP, 28.73%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,618 | | | | 1,610 | | | | 1,505 | |
FW4008449.SRDUP, 14.65%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 10,505 | | | | 10,456 | | | | 10,274 | |
FW4008454.SRDUP, 16.64%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 18,662 | | | | 18,574 | | | | 18,247 | |
FW4008458.SRDUP, 20.96%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 5,480 | | | | 5,453 | | | | 1,334 | |
FW4008460.SRDUP, 29.04%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 4,570 | | | | 4,547 | | | | 4,251 | |
FW4008467.SRDUP, 29.12%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,657 | | | | 2,644 | | | | 2,470 | |
FW4008470.SRDUP, 28.96%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,333 | | | | 1,326 | | | | 1,292 | |
FW4008484.SRDUP, 25.71%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,610 | | | | 1,603 | | | | 1,574 | |
FW4008494.SRDUP, 25.50%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,077 | | | | 3,072 | | | | 3,009 | |
FW4008495.SRDUP, 28.88%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 9,698 | | | | 9,650 | | | | 4,671 | |
FW4008496.SRDUP, 22.83%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 38,207 | | | | 38,024 | | | | 37,122 | |
FW4008499.SRDUP, 23.63%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,305 | | | | 3,289 | | | | 3,082 | |
FW4008501.SRDUP, 22.89%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,373 | | | | 2,370 | | | | 2,208 | |
FW4008503.SRDUP, 26.00%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,382 | | | | 2,371 | | | | 2,297 | |
FW4008510.SRDUP, 29.01%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,380 | | | | 2,368 | | | | 2,214 | |
FW4008518.SRDUP, 23.44%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 45,787 | | | | 45,567 | | | | 44,438 | |
FW4008524.SRDUP, 28.54%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 951 | | | | 947 | | | | 885 | |
FW4008525.SRDUP, 21.24%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,599 | | | | 1,592 | | | | 1,553 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
134
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW4008538.SRDUP, 26.25%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | $ | 1,324 | | | $ | 1,318 | | | $ | 1,277 | |
FW4008540.SRDUP, 16.99%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 1,823 | | | | 1,814 | | | | 1,782 | |
FW4008543.SRDUP, 27.87%, 03/06/2029 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 6,102 | | | | 6,072 | | | | 2,909 | |
FW4008550.SRDUP, 29.08%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 21,900 | | | | 21,867 | | | | 1,730 | |
FW4008566.SRDUP, 28.05%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,138 | | | | 1,136 | | | | 1,059 | |
FW4008588.SRDUP, 25.53%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,212 | | | | 1,206 | | | | 1,128 | |
FW4008593.SRDUP, 28.79%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,428 | | | | 1,421 | | | | 1,385 | |
FW4008607.SRDUP, 23.29%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,313 | | | | 1,308 | | | | 1,285 | |
FW4008610.SRDUP, 29.09%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 22,748 | | | | 22,645 | | | | 21,298 | |
FW4008617.SRDUP, 29.17%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,523 | | | | 3,506 | | | | 3,278 | |
FW4008622.SRDUP, 26.74%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 4,969 | | | | 4,947 | | | | 4,792 | |
FW4008631.SRDUP, 29.03%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 6,283 | | | | 6,253 | | | | 5,845 | |
FW4008636.SRDUP, 28.47%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,329 | | | | 3,313 | | | | 3,097 | |
FW4008646.SRDUP, 28.44%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,046 | | | | 1,041 | | | | 973 | |
FW4008651.SRDUP, 29.00%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,719 | | | | 1,711 | | | | 1,600 | |
FW4008685.SRDUP, 26.59%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,298 | | | | 2,287 | | | | 2,138 | |
FW4008687.SRDUP, 28.72%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,332 | | | | 1,326 | | | | 1,239 | |
FW4008691.SRDUP, 29.15%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,333 | | | | 1,331 | | | | 1,240 | |
FW4008692.SRDUP, 30.17%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,812 | | | | 1,803 | | | | 1,685 | |
FW4008695.SRDUP, 25.24%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 21,396 | | | | 21,293 | | | | 19,904 | |
FW4008707.SRDUP, 28.59%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,330 | | | | 3,314 | | | | 3,098 | |
FW4008779.SRDUP, 29.21%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,666 | | | | 2,653 | | | | 2,481 | |
FW4008804.SRDUP, 28.71%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,237 | | | | 1,231 | | | | 1,151 | |
FW4008879.SRDUP, 28.98%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 3,333 | | | | 3,317 | | | | 3,101 | |
FW4008882.SRDUP, 29.65%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 1,647 | | | | 1,644 | | | | 1,542 | |
FW4008911.SRDUP, 28.00%, 10/07/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,261 | | | | 2,250 | | | | 2,104 | |
FW4008932.SRDUP, 28.98%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,713 | | | | 1,705 | | | | 1,598 | |
FW4009086.SRDUP, 29.12%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 7,617 | | | | 7,580 | | | | 7,086 | |
FW4009203.SRDUP, 28.89%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 3,239 | | | | 3,235 | | | | 1,572 | |
FW4009369.SRDUP, 22.45%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,826 | | | | 2,812 | | | | 2,748 | |
FW4009821.SRDUP, 13.87%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 23,227 | | | | 23,119 | | | | 22,740 | |
FW4009829.SRDUP, 29.03%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,190 | | | | 2,179 | | | | 2,042 | |
FW4009831.SRDUP, 28.59%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,332 | | | | 1,325 | | | | 1,242 | |
FW4009840.SRDUP, 28.27%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,233 | | | | 1,227 | | | | 1,150 | |
FW4009883.SRDUP, 28.83%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,092 | | | | 4,073 | | | | 3,817 | |
FW4009923.SRDUP, 29.02%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 12,471 | | | | 12,410 | | | | 11,631 | |
FW4009928.SRDUP, 22.81%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,715 | | | | 4,693 | | | | 4,585 | |
FW4009953.SRDUP, 29.11%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,432 | | | | 6,400 | | | | 5,999 | |
FW4009966.SRDUP, 29.33%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 22,857 | | | | 22,746 | | | | 21,318 | |
FW4010342.SRDUP, 28.14%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 9,508 | | | | 9,462 | | | | 9,232 | |
FW4010349.SRDUP, 25.21%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 15,857 | | | | 15,786 | | | | 15,325 | |
FW4010398.SRDUP, 29.18%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 1,576 | | | | 1,568 | | | | 105 | |
FW4010533.SRDUP, 28.93%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 1,389 | | | | 1,382 | | | | 1,295 | |
FW4010679.SRDUP, 28.72%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,427 | | | | 1,420 | | | | 1,331 | |
FW4010758.SRDUP, 28.11%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,085 | | | | 6,055 | | | | 5,675 | |
FW4011015.SRDUP, 26.80%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 19,931 | | | | 19,835 | | | | 18,589 | |
FW4011031.SRDUP, 28.77%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 8,660 | | | | 8,618 | | | | 8,077 | |
FW4011051.SRDUP, 17.11%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 44,826 | | | | 44,615 | | | | 43,866 | |
FW4011093.SRDUP, 30.07%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,669 | | | | 2,656 | | | | 2,490 | |
FW4011146.SRDUP, 25.63%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,524 | | | | 6,495 | | | | 6,305 | |
FW4011425.SRDUP, 26.72%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 2,641 | | | | 2,630 | | | | 2,464 | |
FW4011465.SRDUP, 27.49%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,812 | | | | 6,782 | | | | 6,583 | |
FW4011466.SRDUP, 22.86%, 03/10/2027 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,288 | | | | 1,282 | | | | 1,275 | |
FW4011508.SRDUP, 15.24%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,515 | | | | 6,484 | | | | 6,377 | |
FW4011520.SRDUP, 28.77%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,824 | | | | 2,811 | | | | 2,630 | |
FW4011780.SRDUP, 26.96%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 32,176 | | | | 32,020 | | | | 30,009 | |
FW4011911.SRDUP, 29.04%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,318 | | | | 3,301 | | | | 3,095 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
135
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW4011920.SRDUP, 19.20%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | $ | 2,156 | | | $ | 2,146 | | | $ | 2,100 | |
FW4011964.SRDUP, 10.66%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 40,459 | | | | 40,287 | | | | 39,773 | |
FW4011987.SRDUP, 28.54%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,617 | | | | 1,609 | | | | 1,508 | |
FW4012120.SRDUP, 28.60%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,334 | | | | 1,328 | | | | 1,243 | |
FW4012160.SRDUP, 29.05%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,419 | | | | 1,412 | | | | 1,323 | |
FW4012187.SRDUP, 29.15%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,238 | | | | 1,232 | | | | 1,154 | |
FW4012199.SRDUP, 29.05%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,427 | | | | 3,411 | | | | 3,197 | |
FW4012200.SRDUP, 28.96%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,426 | | | | 5,399 | | | | 5,061 | |
FW4012211.SRDUP, 19.89%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 10,657 | | | | 10,607 | | | | 10,426 | |
FW4012273.SRDUP, 28.87%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,339 | | | | 6,330 | | | | 5,949 | |
FW4012275.SRDUP, 28.64%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 10,568 | | | | 10,516 | | | | 9,856 | |
FW4012325.SRDUP, 17.53%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,288 | | | | 3,274 | | | | 3,214 | |
FW4012356.SRDUP, 28.34%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,807 | | | | 1,798 | | | | 1,685 | |
FW4012360.SRDUP, 24.22%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 47,260 | | | | 47,033 | | | | 46,202 | |
FW4012377.SRDUP, 15.17%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 14,339 | | | | 14,268 | | | | 13,990 | |
FW4012382.SRDUP, 25.02%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,463 | | | | 4,441 | | | | 4,152 | |
FW4012385.SRDUP, 27.14%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,758 | | | | 4,740 | | | | 4,438 | |
FW4012438.SRDUP, 23.46%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 8,497 | | | | 8,456 | | | | 8,260 | |
FW4012459.SRDUP, 18.53%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 13,658 | | | | 13,598 | | | | 13,391 | |
FW4012468.SRDUP, 29.14%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,524 | | | | 3,506 | | | | 3,286 | |
FW4012486.SRDUP, 28.02%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 9,031 | | | | 8,987 | | | | 8,423 | |
FW4012505.SRDUP, 29.18%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 13,902 | | | | 13,834 | | | | 12,966 | |
FW4012524.SRDUP, 28.37%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,843 | | | | 2,829 | | | | 2,652 | |
FW4012577.SRDUP, 15.38%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 21,038 | | | | 20,939 | | | | 20,593 | |
FW4012581.SRDUP, 27.32%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,133 | | | | 1,128 | | | | 1,057 | |
FW4012588.SRDUP, 30.05%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,481 | | | | 4,459 | | | | 4,179 | |
FW4012596.SRDUP, 29.13%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,285 | | | | 2,274 | | | | 2,131 | |
FW4012601.SRDUP, 22.90%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,830 | | | | 2,816 | | | | 2,751 | |
FW4012602.SRDUP, 10.86%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 10,426 | | | | 10,377 | | | | 10,218 | |
FW4012607.SRDUP, 24.61%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,015 | | | | 4,993 | | | | 4,907 | |
FW4012612.SRDUP, 23.34%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,312 | | | | 1,307 | | | | 1,286 | |
FW4012620.SRDUP, 28.65%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 4,378 | | | | 4,357 | | | | 4,083 | |
FW4012644.SRDUP, 20.35%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 43,862 | | | | 43,796 | | | | 42,707 | |
FW4012663.SRDUP, 28.91%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,272 | | | | 2,260 | | | | 2,119 | |
FW4012664.SRDUP, 11.34%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,136 | | | | 5,114 | | | | 5,050 | |
FW4012677.SRDUP, 24.92%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,553 | | | | 2,542 | | | | 2,498 | |
FW4012678.SRDUP, 29.10%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,332 | | | | 3,316 | | | | 3,108 | |
FW4012684.SRDUP, 24.63%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,646 | | | | 5,619 | | | | 5,268 | |
FW4012710.SRDUP, 15.44%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 17,344 | | | | 17,262 | | | | 16,974 | |
FW4012714.SRDUP, 20.04%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 755 | | | | 752 | | | | 738 | |
FW4012738.SRDUP, 29.08%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,699 | | | | 1,691 | | | | 1,585 | |
FW4012743.SRDUP, 26.81%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,954 | | | | 3,936 | | | | 3,836 | |
FW4012765.SRDUP, 14.87%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 46,499 | | | | 46,282 | | | | 45,863 | |
FW4012796.SRDUP, 29.83%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,227 | | | | 5,201 | | | | 4,876 | |
FW4012851.SRDUP, 25.20%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 42,462 | | | | 42,256 | | | | 39,616 | |
FW4012861.SRDUP, 23.41%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 32,002 | | | | 31,954 | | | | 31,134 | |
FW4012892.SRDUP, 28.62%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,759 | | | | 2,746 | | | | 2,679 | |
FW4012907.SRDUP, 26.11%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,324 | | | | 1,318 | | | | 1,295 | |
FW4013153.SRDUP, 25.20%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 21,360 | | | | 21,257 | | | | 20,785 | |
FW4013191.SRDUP, 22.94%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,017 | | | | 2,008 | | | | 1,974 | |
FW4013407.SRDUP, 26.37%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 21,432 | | | | 21,329 | | | | 20,821 | |
FW4013445.SRDUP, 27.95%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,141 | | | | 1,135 | | | | 1,064 | |
FW4013621.SRDUP, 29.03%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,428 | | | | 1,421 | | | | 1,386 | |
FW4013730.SRDUP, 30.08%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,290 | | | | 4,284 | | | | 4,001 | |
FW4014327.SRDUP, 28.58%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,901 | | | | 1,892 | | | | 1,774 | |
FW4014443.SRDUP, 28.95%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,189 | | | | 2,179 | | | | 2,042 | |
FW4014726.SRDUP, 23.06%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,207 | | | | 3,192 | | | | 3,123 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
136
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
FW4014729.SRDUP, 30.10%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | $ | 1,717 | | | $ | 1,709 | | | $ | 1,602 | |
FW4014752.SRDUP, 29.19%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,238 | | | | 1,232 | | | | 1,155 | |
FW4014758.SRDUP, 26.11%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,793 | | | | 1,785 | | | | 1,673 | |
FW4014789.SRDUP, 22.76%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 7,733 | | | | 7,696 | | | | 7,519 | |
FW4015027.SRDUP, 29.38%, 10/25/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,507 | | | | 2,494 | | | | 2,353 | |
FW4015049.SRDUP, 28.51%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,566 | | | | 4,544 | | | | 4,259 | |
L3265831.SRDUP, 23.14%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,157 | | | | 1,157 | | | | 1,185 | |
L3268810.SRDUP, 19.10%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 6,013 | | | | 6,013 | | | | 6,047 | |
L3279284.SRDUP, 24.40%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,707 | | | | 1,707 | | | | 1,747 | |
L3282815.SRDUP, 20.86%, 07/18/2027 (a)(s) | | Upstart | | | 7/21/2022 | | | | 25,000 | | | | 25,000 | | | | 25,488 | |
L3283486.SRDUP, 16.28%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,214 | | | | 2,214 | | | | 2,227 | |
L3288889.SRDUP, 20.60%, 07/18/2027 (a)(s) | | Upstart | | | 7/21/2022 | | | | 3,320 | | | | 3,320 | | | | 3,333 | |
L3290939.SRDUP, 16.53%, 07/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 25,187 | | | | 25,187 | | | | 23,768 | |
L3291096.SRDUP, 23.75%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 928 | | | | 928 | | | | 946 | |
L3291098.SRDUP, 19.78%, 07/18/2027 (a)(s) | | Upstart | | | 7/21/2022 | | | | 3,322 | | | | 3,322 | | | | 3,388 | |
L3291148.SRDUP, 14.82%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,922 | | | | 2,922 | | | | 2,939 | |
L3291149.SRDUP, 21.66%, 07/18/2025 (a)(s) | | Upstart | | | 7/21/2022 | | | | 1,113 | | | | 1,113 | | | | 1,111 | |
L3291157.SRDUP, 24.36%, 07/18/2027 (a)(s) | | Upstart | | | 7/21/2022 | | | | 7,379 | | | | 7,379 | | | | 7,512 | |
L3291291.SRDUP, 21.66%, 07/18/2025 (a)(s) | | Upstart | | | 7/21/2022 | | | | 458 | | | | 458 | | | | 459 | |
L3291319.SRDUP, 24.33%, 07/18/2027 (a)(s) | | Upstart | | | 7/21/2022 | | | | 3,571 | | | | 3,571 | | | | 3,653 | |
L3291468.SRDUP, 24.41%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 1,544 | | | | 1,544 | | | | 213 | |
L3291594.SRDUP, 19.14%, 07/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 10,837 | | | | 10,868 | | | | 11,059 | |
L3291614.SRDUP, 19.03%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,855 | | | | 2,855 | | | | 2,869 | |
L3291615.SRDUP, 24.31%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 1,242 | | | | 1,242 | | | | 1,265 | |
L3291691.SRDUP, 13.34%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 5,767 | | | | 5,767 | | | | 5,813 | |
L3291740.SRDUP, 23.24%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 10,798 | | | | 10,798 | | | | 11,054 | |
L3291772.SRDUP, 17.28%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 4,159 | | | | 4,159 | | | | 4,182 | |
L3291813.SRDUP, 24.20%, 08/01/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 3,498 | | | | 3,498 | | | | 3,573 | |
L3291872.SRDUP, 23.71%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 4,873 | | | | 4,873 | | | | 4,988 | |
L3291879.SRDUP, 24.41%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 1,319 | | | | 1,322 | | | | 1,350 | |
L3292086.SRDUP, 24.15%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 21,561 | | | | 21,561 | | | | 21,960 | |
L3292091.SRDUP, 9.84%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 5,636 | | | | 5,636 | | | | 5,570 | |
L3292141.SRDUP, 14.93%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 14,492 | | | | 14,492 | | | | 14,479 | |
L3292188.SRDUP, 24.20%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 1,164 | | | | 1,164 | | | | 1,191 | |
L3292210.SRDUP, 18.60%, 07/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 8,984 | | | | 8,984 | | | | 1,240 | |
L3292268.SRDUP, 24.07%, 07/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 11,042 | | | | 11,042 | | | | 3,061 | |
L3292269.SRDUP, 21.49%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 6,105 | | | | 6,105 | | | | 6,224 | |
L3292285.SRDUP, 20.95%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 1,293 | | | | 1,293 | | | | 1,319 | |
L3292286.SRDUP, 21.53%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 9,528 | | | | 9,528 | | | | 9,740 | |
L3292304.SRDUP, 12.31%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 23,031 | | | | 23,031 | | | | 22,995 | |
L3292306.SRDUP, 21.00%, 07/19/2025 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,470 | | | | 2,470 | | | | 2,484 | |
L3292335.SRDUP, 24.30%, 07/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 1,216 | | | | 1,216 | | | | 243 | |
L3292347.SRDUP, 20.06%, 07/19/2025 (a)(s) | | Upstart | | | 7/22/2022 | | | | 2,453 | | | | 2,453 | | | | 2,467 | |
L3292349.SRDUP, 20.94%, 07/19/2025 (a)(s) | | Upstart | | | 7/22/2022 | | | | 642 | | | | 643 | | | | 646 | |
L3292376.SRDUP, 19.31%, 07/19/2025 (a)(s) | | Upstart | | | 7/22/2022 | | | | 4,428 | | | | 4,434 | | | | 4,455 | |
L3292406.SRDUP, 20.05%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 3,025 | | | | 3,025 | | | | 3,086 | |
L3292483.SRDUP, 21.53%, 12/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 7,894 | | | | 7,894 | | | | 7,938 | |
L3292493.SRDUP, 18.76%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 895 | | | | 895 | | | | 901 | |
L3292501.SRDUP, 17.83%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 20,723 | | | | 20,723 | | | | 20,832 | |
L3292511.SRDUP, 23.98%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 7,789 | | | | 7,789 | | | | 7,973 | |
L3292537.SRDUP, 21.03%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 8,671 | | | | 8,671 | | | | 8,847 | |
L3292538.SRDUP, 13.06%, 12/19/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 3,107 | | | | 3,115 | | | | 2,887 | |
L3292584.SRDUP, 15.32%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 733 | | | | 733 | | | | 737 | |
L3292655.SRDUP, 17.26%, 07/19/2025 (a)(s) | | Upstart | | | 7/22/2022 | | | | 444 | | | | 444 | | | | 443 | |
L3292688.SRDUP, 24.20%, 07/19/2027 (a)(s) | | Upstart | | | 7/22/2022 | | | | 1,784 | | | | 1,784 | | | | 1,826 | |
L3292703.SRDUP, 15.60%, 12/28/2027 (a)(p)(s) | | Upstart | | | 7/22/2022 | | | | 24,830 | | | | 24,830 | | | | 4,697 | |
L3293908.SRDUP, 22.82%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 923 | | | | 923 | | | | 941 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
137
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3294053.SRDUP, 10.92%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | $ | 35,510 | | | $ | 35,510 | | | $ | 35,102 | |
L3294496.SRDUP, 16.02%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 4,934 | | | | 4,934 | | | | 4,962 | |
L3294776.SRDUP, 26.75%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 2,762 | | | | 2,762 | | | | 2,828 | |
L3294888.SRDUP, 21.11%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,749 | | | | 1,749 | | | | 1,789 | |
L3294907.SRDUP, 20.96%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 38,027 | | | | 38,027 | | | | 38,984 | |
L3294929.SRDUP, 24.40%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,941 | | | | 1,941 | | | | 1,987 | |
L3294963.SRDUP, 12.45%, 07/20/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 463 | | | | 463 | | | | 461 | |
L3295007.SRDUP, 24.33%, 07/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 468 | | | | 468 | | | | 65 | |
L3295117.SRDUP, 11.03%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 35,618 | | | | 35,618 | | | | 35,209 | |
L3295150.SRDUP, 24.32%, 12/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 14,672 | | | | 14,723 | | | | 2,861 | |
L3295171.SRDUP, 20.62%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,518 | | | | 1,518 | | | | 1,525 | |
L3295187.SRDUP, 21.54%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 2,292 | | | | 2,292 | | | | 2,338 | |
L3295312.SRDUP, 24.12%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 1,146 | | | | 1,146 | | | | 230 | |
L3295314.SRDUP, 15.36%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 7,331 | | | | 7,331 | | | | 7,375 | |
L3295330.SRDUP, 17.04%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 18,539 | | | | 18,539 | | | | 18,643 | |
L3295527.SRDUP, 11.77%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 11,435 | | | | 11,435 | | | | 11,420 | |
L3295622.SRDUP, 18.14%, 07/20/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 484 | | | | 484 | | | | 482 | |
L3295635.SRDUP, 22.54%, 07/22/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 17,679 | | | | 17,679 | | | | 18,112 | |
L3295719.SRDUP, 21.80%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,223 | | | | 1,223 | | | | 1,247 | |
L3295754.SRDUP, 18.51%, 07/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 19,628 | | | | 19,628 | | | | 2,709 | |
L3295812.SRDUP, 23.63%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,933 | | | | 1,933 | | | | 1,979 | |
L3295833.SRDUP, 16.66%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 5,917 | | | | 5,917 | | | | 5,950 | |
L3295929.SRDUP, 10.65%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 4,253 | | | | 4,253 | | | | 4,204 | |
L3295938.SRDUP, 21.80%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 9,939 | | | | 9,939 | | | | 10,136 | |
L3295998.SRDUP, 11.03%, 07/21/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 2,287 | | | | 2,290 | | | | 2,270 | |
L3296001.SRDUP, 21.80%, 07/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 15,107 | | | | 15,107 | | | | 2,085 | |
L3296020.SRDUP, 21.94%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 2,548 | | | | 2,548 | | | | 2,590 | |
L3296030.SRDUP, 24.19%, 07/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 11,499 | | | | 11,499 | | | | 11,777 | |
L3296077.SRDUP, 19.61%, 07/20/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 2,934 | | | | 2,934 | | | | 2,952 | |
L3296098.SRDUP, 24.25%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,403 | | | | 1,403 | | | | 1,438 | |
L3296144.SRDUP, 24.09%, 07/26/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,556 | | | | 1,556 | | | | 1,590 | |
L3296260.SRDUP, 24.28%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 1,630 | | | | 1,630 | | | | 1,668 | |
L3296277.SRDUP, 11.15%, 12/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 771 | | | | 771 | | | | 759 | |
L3296311.SRDUP, 9.72%, 07/20/2025 (a)(s) | | Upstart | | | 7/25/2022 | | | | 2,529 | | | | 2,529 | | | | 2,513 | |
L3296324.SRDUP, 24.30%, 07/28/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 3,432 | | | | 3,432 | | | | 3,505 | |
L3296347.SRDUP, 24.05%, 07/20/2027 (a)(p)(s) | | Upstart | | | 7/25/2022 | | | | 1,161 | | | | 1,161 | | | | 86 | |
L3296349.SRDUP, 13.33%, 07/20/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | | 11,924 | | | | 11,924 | | | | 11,905 | |
L3296721.SRDUP, 17.81%, 12/21/2025 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 12,152 | | | | 12,152 | | | | 1,930 | |
L3296889.SRDUP, 9.69%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 7,188 | | | | 7,034 | | | | 7,091 | |
L3297187.SRDUP, 24.20%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 993 | | | | 993 | | | | 1,014 | |
L3297380.SRDUP, 20.18%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 908 | | | | 908 | | | | 927 | |
L3297695.SRDUP, 23.68%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 1,924 | | | | 1,924 | | | | 265 | |
L3297731.SRDUP, 18.32%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 645 | | | | 645 | | | | 647 | |
L3297779.SRDUP, 24.20%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,125 | | | | 1,125 | | | | 1,151 | |
L3297815.SRDUP, 14.37%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 939 | | | | 939 | | | | 937 | |
L3298066.SRDUP, 20.29%, 12/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 16,606 | | | | 16,606 | | | | 16,528 | |
L3298107.SRDUP, 14.90%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 6,339 | | | | 6,339 | | | | 6,390 | |
L3298192.SRDUP, 11.35%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 458 | | | | 458 | | | | 455 | |
L3298216.SRDUP, 16.63%, 07/21/2025 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 1,883 | | | | 1,883 | | | | 1,878 | |
L3298278.SRDUP, 20.60%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,746 | | | | 1,746 | | | | 1,782 | |
L3298279.SRDUP, 24.37%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 4,814 | | | | 4,826 | | | | 4,922 | |
L3298280.SRDUP, 16.01%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 13,560 | | | | 13,592 | | | | 13,665 | |
L3298301.SRDUP, 21.46%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 4,272 | | | | 4,272 | | | | 4,381 | |
L3298306.SRDUP, 14.33%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,878 | | | | 1,878 | | | | 1,873 | |
L3298312.SRDUP, 10.25%, 12/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 25,981 | | | | 25,981 | | | | 25,653 | |
L3298313.SRDUP, 22.74%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 4,768 | | | | 4,768 | | | | 4,862 | |
L3298321.SRDUP, 17.55%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | | 963 | | | | 963 | | | | 969 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
138
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3298339.SRDUP, 16.93%, 07/21/2025 (a)(s) | | Upstart | | | 7/26/2022 | | | $ | 959 | | | $ | 959 | | | $ | 956 | |
L3298342.SRDUP, 21.97%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 23,369 | | | | 23,369 | | | | 23,886 | |
L3298343.SRDUP, 23.21%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 4,362 | | | | 4,362 | | | | 4,375 | |
L3298354.SRDUP, 14.05%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 5,761 | | | | 5,761 | | | | 5,807 | |
L3298363.SRDUP, 18.13%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 2,094 | | | | 2,094 | | | | 2,107 | |
L3298384.SRDUP, 20.12%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 34,005 | | | | 34,005 | | | | 34,245 | |
L3298391.SRDUP, 18.82%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 5,253 | | | | 5,253 | | | | 5,364 | |
L3298404.SRDUP, 23.97%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,085 | | | | 1,085 | | | | 1,105 | |
L3298433.SRDUP, 18.50%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 2,246 | | | | 2,246 | | | | 2,259 | |
L3298434.SRDUP, 23.13%, 08/05/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 11,943 | | | | 11,943 | | | | 12,184 | |
L3298443.SRDUP, 14.46%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 5,960 | | | | 5,960 | | | | 5,627 | |
L3298448.SRDUP, 15.61%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 36,720 | | | | 36,720 | | | | 36,944 | |
L3298457.SRDUP, 17.90%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 4,101 | | | | 4,101 | | | | 4,125 | |
L3298508.SRDUP, 17.30%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 8,914 | | | | 8,914 | | | | 8,965 | |
L3298581.SRDUP, 18.25%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 11,612 | | | | 11,612 | | | | 10,962 | |
L3298584.SRDUP, 16.45%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 5,114 | | | | 5,114 | | | | 5,153 | |
L3298607.SRDUP, 20.95%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 14,194 | | | | 14,194 | | | | 14,523 | |
L3298608.SRDUP, 13.55%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 1,448 | | | | 1,448 | | | | 1,446 | |
L3298613.SRDUP, 19.79%, 07/21/2027 (a)(p)(s) | | Upstart | | | 7/26/2022 | | | | 11,336 | | | | 11,336 | | | | 11,397 | |
L3298614.SRDUP, 12.12%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 10,747 | | | | 10,747 | | | | 10,733 | |
L3298621.SRDUP, 12.01%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 9,450 | | | | 9,450 | | | | 9,437 | |
L3298658.SRDUP, 17.40%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 7,062 | | | | 7,062 | | | | 7,103 | |
L3298669.SRDUP, 24.15%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 7,833 | | | | 7,833 | | | | 8,008 | |
L3298677.SRDUP, 15.73%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 5,880 | | | | 5,880 | | | | 5,915 | |
L3298680.SRDUP, 14.00%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 2,469 | | | | 2,469 | | | | 2,485 | |
L3298698.SRDUP, 14.63%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 14,588 | | | | 14,588 | | | | 14,680 | |
L3298700.SRDUP, 15.26%, 07/21/2027 (a)(s) | | Upstart | | | 7/26/2022 | | | | 18,314 | | | | 18,314 | | | | 18,427 | |
L3300640.SRDUP, 21.15%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 4,097 | | | | 4,097 | | | | 4,130 | |
L3300781.SRDUP, 18.92%, 07/22/2025 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 1,951 | | | | 1,951 | | | | 1,964 | |
L3301225.SRDUP, 12.79%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,469 | | | | 1,437 | | | | 1,462 | |
L3301445.SRDUP, 26.76%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 348 | | | | 339 | | | | 345 | |
L3301492.SRDUP, 17.07%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,967 | | | | 2,967 | | | | 2,985 | |
L3301932.SRDUP, 16.54%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 18,615 | | | | 18,615 | | | | 18,758 | |
L3301939.SRDUP, 23.78%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,244 | | | | 2,244 | | | | 2,300 | |
L3301991.SRDUP, 22.02%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 2,453 | | | | 2,453 | | | | 236 | |
L3302031.SRDUP, 23.66%, 12/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 13,107 | | | | 13,107 | | | | 12,393 | |
L3302201.SRDUP, 24.20%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,948 | | | | 2,948 | | | | 3,021 | |
L3302210.SRDUP, 24.30%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 3,108 | | | | 3,108 | | | | 3,185 | |
L3302285.SRDUP, 9.54%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,672 | | | | 1,672 | | | | 1,660 | |
L3302358.SRDUP, 19.61%, 07/22/2025 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,955 | | | | 1,955 | | | | 1,969 | |
L3302433.SRDUP, 24.09%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 1,550 | | | | 1,550 | | | | 1,581 | |
L3302579.SRDUP, 24.22%, 12/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 15,655 | | | | 15,655 | | | | 15,938 | |
L3302824.SRDUP, 13.35%, 07/28/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 10,140 | | | | 10,165 | | | | 10,209 | |
L3302921.SRDUP, 18.39%, 08/03/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 4,118 | | | | 4,118 | | | | 4,135 | |
L3303115.SRDUP, 24.13%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 2,253 | | | | 2,253 | | | | 2,309 | |
L3303191.SRDUP, 16.68%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 12,189 | | | | 12,189 | | | | 11,512 | |
L3303226.SRDUP, 21.72%, 07/22/2025 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 7,515 | | | | 7,541 | | | | 7,282 | |
L3303301.SRDUP, 23.73%, 07/22/2027 (a)(p)(s) | | Upstart | | | 7/27/2022 | | | | 1,028 | | | | 1,028 | | | | 294 | |
L3303535.SRDUP, 12.58%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 8,985 | | | | 9,007 | | | | 8,978 | |
L3304210.SRDUP, 20.61%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 3,795 | | | | 3,795 | | | | 3,879 | |
L3304312.SRDUP, 15.67%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 4,701 | | | | 4,701 | | | | 4,734 | |
L3304475.SRDUP, 15.48%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 24,580 | | | | 24,580 | | | | 24,753 | |
L3304489.SRDUP, 24.35%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 4,538 | | | | 4,538 | | | | 4,659 | |
L3304544.SRDUP, 24.40%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 6,057 | | | | 6,057 | | | | 6,207 | |
L3304576.SRDUP, 22.93%, 08/10/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 4,322 | | | | 4,322 | | | | 4,427 | |
L3304592.SRDUP, 21.37%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 6,714 | | | | 6,714 | | | | 6,860 | |
L3304611.SRDUP, 24.36%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 7,223 | | | | 7,223 | | | | 7,261 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
139
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3304654.SRDUP, 20.58%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | $ | 5,166 | | | $ | 5,166 | | | $ | 5,195 | |
L3304669.SRDUP, 18.76%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 3,750 | | | | 3,750 | | | | 3,774 | |
L3304673.SRDUP, 24.34%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 744 | | | | 744 | | | | 758 | |
L3304686.SRDUP, 14.98%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 4,295 | | | | 4,295 | | | | 593 | |
L3304867.SRDUP, 21.38%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 3,771 | | | | 3,771 | | | | 3,857 | |
L3304894.SRDUP, 19.91%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 8,312 | | | | 8,312 | | | | 8,364 | |
L3304898.SRDUP, 19.25%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,061 | | | | 1,061 | | | | 1,066 | |
L3304935.SRDUP, 12.34%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 4,019 | | | | 4,019 | | | | 4,015 | |
L3304999.SRDUP, 24.11%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 3,526 | | | | 3,526 | | | | 3,601 | |
L3305013.SRDUP, 9.95%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,681 | | | | 1,681 | | | | 1,666 | |
L3305021.SRDUP, 11.57%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 6,922 | | | | 6,922 | | | | 6,844 | |
L3305031.SRDUP, 24.40%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 3,029 | | | | 3,029 | | | | 3,107 | |
L3305091.SRDUP, 24.38%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 1,942 | | | | 1,942 | | | | 1,993 | |
L3305130.SRDUP, 21.96%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 20,640 | | | | 20,640 | | | | 21,141 | |
L3305149.SRDUP, 12.10%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 6,064 | | | | 6,079 | | | | 6,065 | |
L3305233.SRDUP, 14.86%, 12/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 13,327 | | | | 13,327 | | | | 13,249 | |
L3305259.SRDUP, 24.21%, 12/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 1,677 | | | | 1,681 | | | | 1,699 | |
L3305316.SRDUP, 24.05%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 852 | | | | 852 | | | | 875 | |
L3305321.SRDUP, 21.67%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 6,723 | | | | 6,723 | | | | 6,884 | |
L3305326.SRDUP, 23.69%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 13,356 | | | | 13,356 | | | | 3,836 | |
L3305423.SRDUP, 14.87%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 3,202 | | | | 3,202 | | | | 623 | |
L3305486.SRDUP, 9.45%, 07/25/2025 (a)(s) | | Upstart | | | 7/28/2022 | | | | 2,031 | | | | 2,031 | | | | 2,017 | |
L3305566.SRDUP, 23.18%, 12/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 22,176 | | | | 22,176 | | | | 22,218 | |
L3305582.SRDUP, 11.14%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 2,490 | | | | 2,490 | | | | 2,488 | |
L3305584.SRDUP, 15.57%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 36,755 | | | | 36,755 | | | | 37,014 | |
L3305587.SRDUP, 24.27%, 05/25/2028 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 2,600 | | | | 2,600 | | | | 2,666 | |
L3305643.SRDUP, 16.41%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 23,185 | | | | 23,185 | | | | 23,383 | |
L3305645.SRDUP, 11.17%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 5,692 | | | | 5,692 | | | | 5,687 | |
L3305657.SRDUP, 24.05%, 07/25/2027 (a)(p)(s) | | Upstart | | | 7/28/2022 | | | | 9,253 | | | | 9,253 | | | | 1,277 | |
L3305697.SRDUP, 21.53%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 2,294 | | | | 2,294 | | | | 2,337 | |
L3305703.SRDUP, 20.60%, 07/25/2027 (a)(s) | | Upstart | | | 7/28/2022 | | | | 24,802 | | | | 24,802 | | | | 25,248 | |
L3309405.SRDUP, 20.41%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 7,580 | | | | 7,580 | | | | 7,750 | |
L3309449.SRDUP, 14.45%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,477 | | | | 2,477 | | | | 2,495 | |
L3309493.SRDUP, 15.78%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 8,980 | | | | 8,775 | | | | 8,997 | |
L3309530.SRDUP, 23.84%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 3,865 | | | | 3,865 | | | | 3,976 | |
L3309580.SRDUP, 24.06%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,783 | | | | 1,783 | | | | 1,830 | |
L3309583.SRDUP, 17.55%, 07/26/2025 (a)(s) | | Upstart | | | 7/29/2022 | | | | 155 | | | | 155 | | | | 155 | |
L3309588.SRDUP, 15.02%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 11,264 | | | | 11,264 | | | | 11,346 | |
L3309635.SRDUP, 23.10%, 08/01/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 786 | | | | 786 | | | | 801 | |
L3309640.SRDUP, 17.81%, 07/26/2025 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,518 | | | | 1,518 | | | | 1,517 | |
L3309665.SRDUP, 12.61%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 6,790 | | | | 6,790 | | | | 6,791 | |
L3309688.SRDUP, 15.37%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 4,399 | | | | 4,399 | | | | 4,431 | |
L3309704.SRDUP, 14.48%, 12/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 6,301 | | | | 6,301 | | | | 6,244 | |
L3309713.SRDUP, 15.54%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 4,700 | | | | 4,700 | | | | 4,739 | |
L3309767.SRDUP, 13.33%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 8,613 | | | | 8,613 | | | | 8,693 | |
L3309835.SRDUP, 24.37%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 1,487 | | | | 1,487 | | | | 1,526 | |
L3309855.SRDUP, 17.99%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,460 | | | | 1,460 | | | | 1,471 | |
L3309862.SRDUP, 10.63%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 10,611 | | | | 10,611 | | | | 10,506 | |
L3309888.SRDUP, 15.74%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 4,410 | | | | 4,410 | | | | 4,441 | |
L3310016.SRDUP, 17.41%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 5,432 | | | | 5,432 | | | | 5,470 | |
L3310021.SRDUP, 15.62%, 07/26/2025 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 1,899 | | | | 1,906 | | | | 406 | |
L3310076.SRDUP, 14.52%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 5,834 | | | | 5,834 | | | | 5,877 | |
L3310205.SRDUP, 16.26%, 07/26/2025 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,181 | | | | 1,183 | | | | 1,180 | |
L3310251.SRDUP, 19.26%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,257 | | | | 2,257 | | | | 2,272 | |
L3310279.SRDUP, 20.57%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 7,949 | | | | 7,949 | | | | 8,149 | |
L3310462.SRDUP, 16.12%, 07/26/2025 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,285 | | | | 2,285 | | | | 2,281 | |
L3310473.SRDUP, 15.61%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 5,508 | | | | 5,508 | | | | 5,502 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
140
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3310487.SRDUP, 21.76%, 01/10/2028 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | $ | 1,956 | | | $ | 1,956 | | | $ | 1,933 | |
L3310493.SRDUP, 21.57%, 07/26/2025 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 6,182 | | | | 6,182 | | | | 853 | |
L3310527.SRDUP, 21.41%, 07/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 1,739 | | | | 1,739 | | | | 1,782 | |
L3310627.SRDUP, 24.37%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 8,775 | | | | 8,775 | | | | 9,003 | |
L3310657.SRDUP, 24.27%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,561 | | | | 2,561 | | | | 2,629 | |
L3310684.SRDUP, 10.85%, 07/26/2025 (a)(s) | | Upstart | | | 7/29/2022 | | | | 2,250 | | | | 2,250 | | | | 2,236 | |
L3310701.SRDUP, 21.37%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 16,961 | | | | 16,961 | | | | 17,466 | |
L3310741.SRDUP, 24.19%, 12/26/2027 (a)(p)(s) | | Upstart | | | 7/29/2022 | | | | 5,308 | | | | 5,308 | | | | 733 | |
L3310766.SRDUP, 20.52%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 25,600 | | | | 25,600 | | | | 26,236 | |
L3310855.SRDUP, 17.71%, 07/26/2025 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,687 | | | | 1,687 | | | | 1,701 | |
L3310866.SRDUP, 24.21%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,802 | | | | 3,802 | | | | 3,903 | |
L3310870.SRDUP, 13.32%, 07/26/2027 (a)(s) | | Upstart | | | 7/29/2022 | | | | 1,445 | | | | 1,445 | | | | 1,444 | |
L3310874.SRDUP, 12.04%, 07/26/2025 (a)(s) | | Upstart | | | 7/29/2022 | | | | 527 | | | | 527 | | | | 527 | |
L3311095.SRDUP, 24.39%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 4,116 | | | | 4,116 | | | | 4,226 | |
L3311406.SRDUP, 23.12%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,634 | | | | 3,634 | | | | 3,736 | |
L3311953.SRDUP, 18.54%, 07/27/2025 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 1,811 | | | | 1,811 | | | | 1,826 | |
L3312046.SRDUP, 10.36%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 17,679 | | | | 17,679 | | | | 17,479 | |
L3312094.SRDUP, 16.24%, 01/01/2026 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 3,277 | | | | 3,277 | | | | 1,300 | |
L3312097.SRDUP, 24.32%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,415 | | | | 3,415 | | | | 3,488 | |
L3312110.SRDUP, 16.75%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 36,491 | | | | 36,491 | | | | 36,808 | |
L3312122.SRDUP, 13.66%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 5,578 | | | | 5,578 | | | | 5,621 | |
L3312194.SRDUP, 19.81%, 12/27/2025 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 3,389 | | | | 3,389 | | | | 3,401 | |
L3312209.SRDUP, 23.84%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 1,460 | | | | 1,460 | | | | 202 | |
L3312211.SRDUP, 16.91%, 12/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 3,134 | | | | 3,134 | | | | 3,138 | |
L3312241.SRDUP, 19.65%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 5,280 | | | | 5,280 | | | | 5,402 | |
L3312244.SRDUP, 24.04%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 852 | | | | 852 | | | | 875 | |
L3312274.SRDUP, 24.26%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 1,077 | | | | 1,077 | | | | 1,085 | |
L3312276.SRDUP, 21.64%, 07/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 973 | | | | 973 | | | | 982 | |
L3312292.SRDUP, 19.30%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 15,805 | | | | 15,805 | | | | 15,911 | |
L3312295.SRDUP, 15.02%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 10,930 | | | | 10,930 | | | | 11,032 | |
L3312329.SRDUP, 18.20%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 7,662 | | | | 7,662 | | | | 1,057 | |
L3312343.SRDUP, 19.03%, 07/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 5,356 | | | | 5,356 | | | | 5,404 | |
L3312347.SRDUP, 12.73%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 6,836 | | | | 6,836 | | | | 6,831 | |
L3312488.SRDUP, 21.64%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 11,457 | | | | 11,457 | | | | 11,777 | |
L3312490.SRDUP, 16.86%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 8,881 | | | | 8,881 | | | | 8,961 | |
L3312509.SRDUP, 16.96%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 2,594 | | | | 2,594 | | | | 2,612 | |
L3312518.SRDUP, 20.84%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 4,810 | | | | 4,810 | | | | 4,921 | |
L3312563.SRDUP, 24.35%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 1,864 | | | | 1,864 | | | | 1,914 | |
L3312566.SRDUP, 24.23%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 4,034 | | | | 4,034 | | | | 4,120 | |
L3312571.SRDUP, 22.12%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 10,224 | | | | 10,224 | | | | 1,009 | |
L3312670.SRDUP, 14.56%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 5,061 | | | | 5,061 | | | | 5,061 | |
L3312672.SRDUP, 16.83%, 07/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 1,484 | | | | 1,484 | | | | 1,482 | |
L3312683.SRDUP, 11.33%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 7,116 | | | | 7,116 | | | | 7,043 | |
L3312698.SRDUP, 24.28%, 12/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 1,077 | | | | 1,077 | | | | 149 | |
L3312812.SRDUP, 16.76%, 07/27/2025 (a)(s) | | Upstart | | | 8/1/2022 | | | | 574 | | | | 574 | | | | 573 | |
L3312824.SRDUP, 21.40%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 9,388 | | | | 9,388 | | | | 9,619 | |
L3312858.SRDUP, 18.96%, 07/27/2027 (a)(p)(s) | | Upstart | | | 8/1/2022 | | | | 4,508 | | | | 4,508 | | | | 4,538 | |
L3318595.SRDUP, 21.13%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 4,569 | | | | 4,463 | | | | 4,617 | |
L3319584.SRDUP, 21.54%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 6,055 | | | | 5,914 | | | | 6,118 | |
L3319799.SRDUP, 23.94%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,810 | | | | 1,767 | | | | 1,819 | |
L3319805.SRDUP, 24.34%, 01/01/2028 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 3,624 | | | | 3,528 | | | | 3,581 | |
L3319806.SRDUP, 10.90%, 08/01/2025 (a)(s) | | Upstart | | | 8/4/2022 | | | | 234 | | | | 231 | | | | 233 | |
L3319824.SRDUP, 21.32%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 4,187 | | | | 4,090 | | | | 4,231 | |
L3319826.SRDUP, 15.29%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 11,300 | | | | 11,049 | | | | 11,301 | |
L3319872.SRDUP, 24.06%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,181 | | | | 1,154 | | | | 1,197 | |
L3319874.SRDUP, 21.05%, 01/01/2028 (a)(s) | | Upstart | | | 8/4/2022 | | | | 2,382 | | | | 2,333 | | | | 2,366 | |
L3319888.SRDUP, 22.24%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,949 | | | | 1,903 | | | | 1,976 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
141
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3319897.SRDUP, 23.88%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | $ | 2,204 | | | $ | 2,152 | | | $ | 2,225 | |
L3319921.SRDUP, 24.34%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 6,784 | | | | 6,623 | | | | 6,874 | |
L3319928.SRDUP, 17.44%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 8,600 | | | | 8,406 | | | | 8,613 | |
L3319940.SRDUP, 16.69%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 34,100 | | | | 33,333 | | | | 34,141 | |
L3319949.SRDUP, 20.19%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 9,298 | | | | 9,073 | | | | 9,288 | |
L3319952.SRDUP, 24.13%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,182 | | | | 1,154 | | | | 1,193 | |
L3319967.SRDUP, 20.83%, 08/01/2025 (a)(s) | | Upstart | | | 8/4/2022 | | | | 7,665 | | | | 7,549 | | | | 7,653 | |
L3320008.SRDUP, 21.91%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 4,427 | | | | 4,324 | | | | 4,422 | |
L3320077.SRDUP, 11.57%, 08/01/2025 (a)(s) | | Upstart | | | 8/4/2022 | | | | 14,135 | | | | 13,936 | | | | 14,044 | |
L3320111.SRDUP, 21.21%, 08/01/2025 (a)(s) | | Upstart | | | 8/4/2022 | | | | 527 | | | | 519 | | | | 526 | |
L3320116.SRDUP, 22.99%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 2,051 | | | | 2,001 | | | | 2,033 | |
L3320122.SRDUP, 9.83%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 35,971 | | | | 35,293 | | | | 35,488 | |
L3320127.SRDUP, 18.72%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 11,452 | | | | 11,190 | | | | 11,443 | |
L3320129.SRDUP, 24.19%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 2,493 | | | | 2,427 | | | | 1,217 | |
L3320133.SRDUP, 20.46%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 10,800 | | | | 10,550 | | | | 10,917 | |
L3320138.SRDUP, 13.08%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 626 | | | | 612 | | | | 623 | |
L3320160.SRDUP, 24.34%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,322 | | | | 1,282 | | | | 1,312 | |
L3320163.SRDUP, 15.96%, 08/01/2025 (a)(s) | | Upstart | | | 8/4/2022 | | | | 3,424 | | | | 3,374 | | | | 3,397 | |
L3320167.SRDUP, 19.44%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 2,607 | | | | 2,554 | | | | 2,636 | |
L3320169.SRDUP, 17.38%, 01/01/2028 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 8,425 | | | | 8,172 | | | | 3,596 | |
L3320181.SRDUP, 24.06%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 5,117 | | | | 4,964 | | | | 706 | |
L3320189.SRDUP, 23.86%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,259 | | | | 1,229 | | | | 1,276 | |
L3320197.SRDUP, 15.02%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 18,204 | | | | 17,800 | | | | 18,236 | |
L3320204.SRDUP, 16.56%, 08/01/2025 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 5,010 | | | | 4,860 | | | | 1,601 | |
L3320212.SRDUP, 18.66%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 5,271 | | | | 5,113 | | | | 727 | |
L3320219.SRDUP, 22.72%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 7,516 | | | | 7,340 | | | | 7,631 | |
L3320234.SRDUP, 22.78%, 01/01/2028 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 32,098 | | | | 31,298 | | | | 32,475 | |
L3320275.SRDUP, 12.92%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 2,500 | | | | 2,445 | | | | 2,488 | |
L3320277.SRDUP, 24.37%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 4,260 | | | | 4,159 | | | | 4,300 | |
L3320281.SRDUP, 20.67%, 01/01/2028 (a)(s) | | Upstart | | | 8/4/2022 | | | | 18,386 | | | | 17,958 | | | | 18,210 | |
L3320293.SRDUP, 17.34%, 08/15/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 2,335 | | | | 2,268 | | | | 2,188 | |
L3320338.SRDUP, 19.69%, 08/01/2025 (a)(s) | | Upstart | | | 8/4/2022 | | | | 621 | | | | 612 | | | | 620 | |
L3320342.SRDUP, 21.36%, 08/01/2027 (a)(p)(s) | | Upstart | | | 8/4/2022 | | | | 1,819 | | | | 1,765 | | | | 158 | |
L3320357.SRDUP, 11.47%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 1,968 | | | | 1,925 | | | | 1,961 | |
L3320380.SRDUP, 16.07%, 08/01/2027 (a)(s) | | Upstart | | | 8/4/2022 | | | | 16,003 | | | | 15,646 | | | | 16,024 | |
L3321504.SRDUP, 17.52%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 10,200 | | | | 9,969 | | | | 10,211 | |
L3321962.SRDUP, 24.06%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,339 | | | | 1,307 | | | | 1,357 | |
L3322357.SRDUP, 24.17%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 867 | | | | 846 | | | | 879 | |
L3324226.SRDUP, 22.84%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 858 | | | | 838 | | | | 873 | |
L3324242.SRDUP, 24.26%, 01/02/2028 (a)(s) | | Upstart | | | 8/5/2022 | | | | 5,703 | | | | 5,532 | | | | 5,660 | |
L3324468.SRDUP, 20.96%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 14,316 | | | | 13,984 | | | | 14,540 | |
L3324484.SRDUP, 17.42%, 08/17/2025 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 3,734 | | | | 3,635 | | | | 3,732 | |
L3324749.SRDUP, 19.07%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 5,307 | | | | 5,148 | | | | 5,386 | |
L3324913.SRDUP, 18.73%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 15,267 | | | | 14,919 | | | | 15,258 | |
L3324932.SRDUP, 23.29%, 06/02/2028 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 893 | | | | 866 | | | | 160 | |
L3324959.SRDUP, 17.05%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 3,453 | | | | 3,375 | | | | 3,458 | |
L3324977.SRDUP, 24.10%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 3,038 | | | | 2,966 | | | | 3,084 | |
L3324988.SRDUP, 15.03%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 5,965 | | | | 5,832 | | | | 5,966 | |
L3325036.SRDUP, 12.75%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 18,203 | | | | 17,787 | | | | 18,139 | |
L3325038.SRDUP, 15.67%, 06/02/2026 (a)(s) | | Upstart | | | 8/5/2022 | | | | 3,815 | | | | 3,724 | | | | 3,769 | |
L3325048.SRDUP, 18.54%, 08/02/2025 (a)(s) | | Upstart | | | 8/5/2022 | | | | 9,235 | | | | 9,097 | | | | 9,226 | |
L3325053.SRDUP, 24.35%, 08/02/2027 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 10,744 | | | | 10,422 | | | | 2,070 | |
L3325085.SRDUP, 18.62%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 4,882 | | | | 4,770 | | | | 4,879 | |
L3325121.SRDUP, 23.95%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,181 | | | | 1,153 | | | | 1,187 | |
L3325164.SRDUP, 15.51%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 7,480 | | | | 7,313 | | | | 7,481 | |
L3325178.SRDUP, 21.55%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 5,047 | | | | 4,943 | | | | 5,123 | |
L3325184.SRDUP, 24.26%, 08/17/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 6,171 | | | | 6,024 | | | | 6,159 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
142
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3325187.SRDUP, 16.96%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | $ | 2,551 | | | $ | 2,493 | | | $ | 2,554 | |
L3325205.SRDUP, 21.86%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 9,337 | | | | 9,120 | | | | 9,437 | |
L3325228.SRDUP, 24.13%, 08/02/2027 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 11,911 | | | | 11,554 | | | | 5,874 | |
L3325231.SRDUP, 24.33%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 3,392 | | | | 3,311 | | | | 3,409 | |
L3325282.SRDUP, 21.78%, 01/02/2028 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 1,142 | | | | 1,109 | | | | 1,123 | |
L3325286.SRDUP, 12.54%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 4,400 | | | | 4,303 | | | | 4,379 | |
L3325289.SRDUP, 13.13%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 7,363 | | | | 7,201 | | | | 7,328 | |
L3325301.SRDUP, 22.48%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 9,132 | | | | 8,943 | | | | 9,264 | |
L3325305.SRDUP, 21.40%, 08/02/2027 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 19,836 | | | | 19,241 | | | | 5,045 | |
L3325310.SRDUP, 23.46%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,979 | | | | 2,912 | | | | 3,027 | |
L3325321.SRDUP, 22.51%, 01/02/2028 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 8,070 | | | | 7,869 | | | | 8,105 | |
L3325322.SRDUP, 24.35%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 7,099 | | | | 6,931 | | | | 7,196 | |
L3325325.SRDUP, 23.33%, 01/02/2028 (a)(s) | | Upstart | | | 8/5/2022 | | | | 18,536 | | | | 18,082 | | | | 18,574 | |
L3325343.SRDUP, 13.52%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,312 | | | | 2,261 | | | | 2,304 | |
L3325345.SRDUP, 13.12%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,108 | | | | 1,083 | | | | 1,102 | |
L3325348.SRDUP, 16.86%, 08/02/2025 (a)(s) | | Upstart | | | 8/5/2022 | | | | 7,628 | | | | 7,529 | | | | 7,577 | |
L3325351.SRDUP, 24.20%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,419 | | | | 1,385 | | | | 1,438 | |
L3325394.SRDUP, 15.94%, 08/02/2025 (a)(s) | | Upstart | | | 8/5/2022 | | | | 3,021 | | | | 2,977 | | | | 2,998 | |
L3325407.SRDUP, 13.43%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 3,688 | | | | 3,607 | | | | 3,671 | |
L3325413.SRDUP, 24.29%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,208 | | | | 2,156 | | | | 2,238 | |
L3325455.SRDUP, 24.19%, 08/05/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,658 | | | | 1,619 | | | | 1,681 | |
L3325512.SRDUP, 15.61%, 08/02/2025 (a)(s) | | Upstart | | | 8/5/2022 | | | | 502 | | | | 495 | | | | 499 | |
L3325559.SRDUP, 20.27%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 2,246 | | | | 2,194 | | | | 2,277 | |
L3325577.SRDUP, 19.96%, 01/14/2028 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 5,308 | | | | 5,167 | | | | 1,372 | |
L3325596.SRDUP, 14.90%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 5,976 | | | | 5,844 | | | | 5,978 | |
L3325602.SRDUP, 24.01%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,191 | | | | 1,161 | | | | 1,206 | |
L3325655.SRDUP, 17.23%, 08/02/2027 (a)(p)(s) | | Upstart | | | 8/5/2022 | | | | 4,687 | | | | 4,547 | | | | 2,094 | |
L3325657.SRDUP, 22.31%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 13,647 | | | | 13,328 | | | | 13,846 | |
L3325658.SRDUP, 17.45%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 8,331 | | | | 8,142 | | | | 8,328 | |
L3325659.SRDUP, 10.94%, 08/02/2025 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,940 | | | | 1,913 | | | | 1,923 | |
L3325663.SRDUP, 23.60%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 7,437 | | | | 7,264 | | | | 7,546 | |
L3325678.SRDUP, 19.71%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 1,689 | | | | 1,650 | | | | 1,688 | |
L3325687.SRDUP, 24.10%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 788 | | | | 770 | | | | 796 | |
L3325691.SRDUP, 9.81%, 08/02/2027 (a)(s) | | Upstart | | | 8/5/2022 | | | | 19,625 | | | | 19,206 | | | | 19,386 | |
L3325740.SRDUP, 21.13%, 01/18/2028 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 9,571 | | | | 9,290 | | | | 9,477 | |
L3326099.SRDUP, 19.68%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 2,931 | | | | 2,887 | | | | 2,930 | |
L3327144.SRDUP, 18.48%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 899 | | | | 879 | | | | 897 | |
L3327322.SRDUP, 20.74%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 4,327 | | | | 4,227 | | | | 4,376 | |
L3327523.SRDUP, 21.93%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 4,357 | | | | 4,256 | | | | 4,405 | |
L3327539.SRDUP, 20.36%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 9,253 | | | | 9,039 | | | | 9,361 | |
L3327783.SRDUP, 24.37%, 01/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 22,972 | | | | 22,284 | | | | 10,472 | |
L3327884.SRDUP, 17.23%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 8,319 | | | | 8,131 | | | | 8,318 | |
L3327950.SRDUP, 24.39%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,341 | | | | 1,310 | | | | 1,360 | |
L3327969.SRDUP, 21.69%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 2,487 | | | | 2,429 | | | | 2,525 | |
L3327996.SRDUP, 18.13%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 3,423 | | | | 3,345 | | | | 3,422 | |
L3328160.SRDUP, 21.82%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 6,688 | | | | 6,532 | | | | 6,790 | |
L3328192.SRDUP, 15.93%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,307 | | | | 1,277 | | | | 1,302 | |
L3328216.SRDUP, 22.20%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 10,277 | | | | 10,037 | | | | 10,413 | |
L3328221.SRDUP, 24.24%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 867 | | | | 847 | | | | 879 | |
L3328261.SRDUP, 21.25%, 08/18/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 5,497 | | | | 5,369 | | | | 5,494 | |
L3328315.SRDUP, 23.97%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 7,025 | | | | 6,859 | | | | 7,104 | |
L3328360.SRDUP, 20.13%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 3,387 | | | | 3,309 | | | | 3,427 | |
L3328484.SRDUP, 18.06%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 5,209 | | | | 5,067 | | | | 5,289 | |
L3328499.SRDUP, 24.16%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,104 | | | | 1,077 | | | | 1,120 | |
L3328509.SRDUP, 17.07%, 01/05/2028 (a)(s) | | Upstart | | | 8/10/2022 | | | | 4,852 | | | | 4,737 | | | | 4,825 | |
L3328586.SRDUP, 17.20%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 4,540 | | | | 4,438 | | | | 4,540 | |
L3328771.SRDUP, 19.34%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 4,214 | | | | 4,117 | | | | 4,212 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
143
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3328781.SRDUP, 12.12%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | $ | 5,549 | | | $ | 5,428 | | | $ | 5,531 | |
L3328802.SRDUP, 13.39%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 2,015 | | | | 1,986 | | | | 2,004 | |
L3328810.SRDUP, 22.40%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,326 | | | | 1,295 | | | | 1,346 | |
L3328824.SRDUP, 11.28%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 9,493 | | | | 9,209 | | | | 4,049 | |
L3328846.SRDUP, 15.15%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 5,970 | | | | 5,852 | | | | 5,972 | |
L3328915.SRDUP, 12.77%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 36,723 | | | | 35,919 | | | | 36,558 | |
L3329055.SRDUP, 14.86%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 8,068 | | | | 7,889 | | | | 8,079 | |
L3329098.SRDUP, 14.93%, 08/15/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 7,452 | | | | 7,285 | | | | 7,455 | |
L3329108.SRDUP, 21.00%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 929 | | | | 907 | | | | 928 | |
L3329112.SRDUP, 24.32%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 3,472 | | | | 3,389 | | | | 3,521 | |
L3329189.SRDUP, 24.16%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 3,625 | | | | 3,549 | | | | 3,676 | |
L3329389.SRDUP, 11.77%, 08/03/2025 (a)(s) | | Upstart | | | 8/8/2022 | | | | 2,929 | | | | 2,887 | | | | 2,911 | |
L3329500.SRDUP, 24.04%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 1,115 | | | | 1,081 | | | | 217 | |
L3329542.SRDUP, 12.84%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 11,101 | | | | 10,769 | | | | 4,781 | |
L3329625.SRDUP, 24.05%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 1,534 | | | | 1,490 | | | | 1,558 | |
L3329647.SRDUP, 23.02%, 08/03/2027 (a)(s) | | Upstart | | | 8/8/2022 | | | | 1,175 | | | | 1,147 | | | | 1,192 | |
L3330225.SRDUP, 23.90%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 944 | | | | 922 | | | | 954 | |
L3330321.SRDUP, 17.99%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 9,990 | | | | 9,696 | | | | 9,992 | |
L3330502.SRDUP, 10.16%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 9,375 | | | | 9,174 | | | | 9,251 | |
L3331070.SRDUP, 20.95%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 1,109 | | | | 1,084 | | | | 1,123 | |
L3331127.SRDUP, 21.27%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 954 | | | | 935 | | | | 966 | |
L3331146.SRDUP, 10.81%, 08/04/2025 (a)(s) | | Upstart | | | 8/9/2022 | | | | 969 | | | | 956 | | | | 960 | |
L3331188.SRDUP, 23.41%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 1,543 | | | | 1,503 | | | | 1,563 | |
L3331252.SRDUP, 24.39%, 08/08/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 3,637 | | | | 3,551 | | | | 3,690 | |
L3331262.SRDUP, 24.06%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 824 | | | | 805 | | | | 834 | |
L3331276.SRDUP, 23.86%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,180 | | | | 1,152 | | | | 1,197 | |
L3331309.SRDUP, 24.36%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 3,698 | | | | 3,588 | | | | 1,820 | |
L3331315.SRDUP, 24.32%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 1,769 | | | | 1,716 | | | | 336 | |
L3331357.SRDUP, 17.44%, 08/04/2025 (a)(s) | | Upstart | | | 8/9/2022 | | | | 4,619 | | | | 4,559 | | | | 4,623 | |
L3331419.SRDUP, 22.38%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 6,606 | | | | 6,452 | | | | 6,711 | |
L3331456.SRDUP, 24.38%, 06/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 21,008 | | | | 20,387 | | | | 21,046 | |
L3331514.SRDUP, 22.63%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,656 | | | | 2,594 | | | | 2,686 | |
L3331686.SRDUP, 14.06%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 8,148 | | | | 7,968 | | | | 8,155 | |
L3331693.SRDUP, 22.32%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 5,459 | | | | 5,331 | | | | 5,544 | |
L3331769.SRDUP, 21.48%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 11,603 | | | | 11,333 | | | | 11,618 | |
L3331824.SRDUP, 24.29%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 1,825 | | | | 1,771 | | | | 493 | |
L3331918.SRDUP, 19.09%, 08/04/2025 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,061 | | | | 2,030 | | | | 2,060 | |
L3331964.SRDUP, 24.19%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 4,493 | | | | 4,386 | | | | 4,558 | |
L3331966.SRDUP, 23.20%, 01/08/2028 (a)(s) | | Upstart | | | 8/11/2022 | | | | 2,578 | | | | 2,513 | | | | 2,602 | |
L3331975.SRDUP, 15.31%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,867 | | | | 1,826 | | | | 1,868 | |
L3331983.SRDUP, 15.15%, 08/04/2025 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,804 | | | | 2,763 | | | | 2,783 | |
L3332024.SRDUP, 20.29%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 771 | | | | 753 | | | | 770 | |
L3332058.SRDUP, 15.34%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 3,723 | | | | 3,640 | | | | 3,732 | |
L3332224.SRDUP, 23.74%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,022 | | | | 998 | | | | 1,037 | |
L3332227.SRDUP, 16.11%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 29,314 | | | | 28,657 | | | | 29,328 | |
L3332231.SRDUP, 12.99%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,692 | | | | 1,655 | | | | 1,684 | |
L3332261.SRDUP, 26.71%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 4,634 | | | | 4,523 | | | | 4,660 | |
L3332282.SRDUP, 24.25%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 946 | | | | 924 | | | | 945 | |
L3332303.SRDUP, 13.43%, 08/04/2027 (a)(p)(s) | | Upstart | | | 8/9/2022 | | | | 5,392 | | | | 5,230 | | | | 1,315 | |
L3332323.SRDUP, 24.15%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 2,049 | | | | 2,000 | | | | 2,078 | |
L3332372.SRDUP, 11.30%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 7,270 | | | | 7,131 | | | | 7,174 | |
L3332389.SRDUP, 17.52%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 3,788 | | | | 3,702 | | | | 3,770 | |
L3332392.SRDUP, 20.63%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 20,077 | | | | 19,612 | | | | 20,066 | |
L3332416.SRDUP, 24.21%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 1,577 | | | | 1,539 | | | | 1,600 | |
L3332419.SRDUP, 21.12%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 4,142 | | | | 4,046 | | | | 4,196 | |
L3332438.SRDUP, 16.85%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 7,544 | | | | 7,394 | | | | 7,546 | |
L3333526.SRDUP, 16.48%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 1,656 | | | | 1,619 | | | | 1,657 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
144
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3334163.SRDUP, 23.85%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | $ | 1,180 | | | $ | 1,152 | | | $ | 1,198 | |
L3334243.SRDUP, 13.25%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 632 | | | | 623 | | | | 629 | |
L3334276.SRDUP, 13.91%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 8,881 | | | | 8,685 | | | | 8,842 | |
L3334336.SRDUP, 24.24%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 6,658 | | | | 6,500 | | | | 6,732 | |
L3334343.SRDUP, 18.72%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 7,706 | | | | 7,591 | | | | 7,707 | |
L3334442.SRDUP, 13.58%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 4,948 | | | | 4,877 | | | | 4,918 | |
L3334497.SRDUP, 17.06%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 5,288 | | | | 5,169 | | | | 5,290 | |
L3334522.SRDUP, 22.20%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 1,843 | | | | 1,794 | | | | 1,874 | |
L3334606.SRDUP, 14.89%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 11,143 | | | | 10,981 | | | | 11,066 | |
L3334616.SRDUP, 24.33%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 8,007 | | | | 7,822 | | | | 8,129 | |
L3334644.SRDUP, 16.25%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 10,823 | | | | 10,580 | | | | 10,829 | |
L3334780.SRDUP, 13.56%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 36,921 | | | | 36,107 | | | | 36,760 | |
L3334786.SRDUP, 16.68%, 08/06/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 5,655 | | | | 5,528 | | | | 5,658 | |
L3334820.SRDUP, 24.32%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 2,681 | | | | 2,618 | | | | 2,722 | |
L3334886.SRDUP, 23.51%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 10,996 | | | | 10,734 | | | | 11,165 | |
L3334937.SRDUP, 12.64%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 1,105 | | | | 1,080 | | | | 1,100 | |
L3334967.SRDUP, 21.24%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 12,406 | | | | 12,115 | | | | 12,610 | |
L3335035.SRDUP, 24.36%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 1,911 | | | | 1,866 | | | | 1,935 | |
L3335041.SRDUP, 24.28%, 01/05/2028 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 2,254 | | | | 2,192 | | | | 2,253 | |
L3335049.SRDUP, 24.35%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 1,893 | | | | 1,848 | | | | 1,913 | |
L3335052.SRDUP, 19.86%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 716 | | | | 705 | | | | 715 | |
L3335057.SRDUP, 24.20%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 788 | | | | 769 | | | | 794 | |
L3335154.SRDUP, 19.62%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 1,765 | | | | 1,725 | | | | 1,788 | |
L3335157.SRDUP, 15.14%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 13,884 | | | | 13,574 | | | | 13,907 | |
L3335167.SRDUP, 24.38%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 3,179 | | | | 3,083 | | | | 3,179 | |
L3335193.SRDUP, 9.39%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 2,636 | | | | 2,600 | | | | 2,612 | |
L3335198.SRDUP, 11.20%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 972 | | | | 958 | | | | 963 | |
L3335206.SRDUP, 11.89%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 20,899 | | | | 20,395 | | | | 20,846 | |
L3335234.SRDUP, 24.25%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 4,709 | | | | 4,574 | | | | 4,770 | |
L3335255.SRDUP, 15.93%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 2,250 | | | | 2,199 | | | | 2,251 | |
L3335274.SRDUP, 19.94%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 15,380 | | | | 15,025 | | | | 15,377 | |
L3335293.SRDUP, 24.28%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 15,775 | | | | 15,402 | | | | 15,945 | |
L3335300.SRDUP, 20.77%, 01/05/2026 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 3,421 | | | | 3,324 | | | | 3,392 | |
L3335309.SRDUP, 21.34%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 775 | | | | 757 | | | | 785 | |
L3335310.SRDUP, 17.09%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 3,022 | | | | 2,954 | | | | 3,024 | |
L3335328.SRDUP, 22.19%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 11,690 | | | | 11,416 | | | | 11,825 | |
L3335330.SRDUP, 12.79%, 08/05/2027 (a)(s) | | Upstart | | | 8/10/2022 | | | | 3,673 | | | | 3,592 | | | | 3,657 | |
L3335335.SRDUP, 20.55%, 08/05/2025 (a)(s) | | Upstart | | | 8/10/2022 | | | | 520 | | | | 512 | | | | 520 | |
L3335372.SRDUP, 12.85%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 12,474 | | | | 12,201 | | | | 12,434 | |
L3335803.SRDUP, 23.23%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 4,390 | | | | 4,286 | | | | 4,444 | |
L3336555.SRDUP, 13.86%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 5,584 | | | | 5,435 | | | | 5,567 | |
L3336582.SRDUP, 23.96%, 01/08/2028 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 3,817 | | | | 3,722 | | | | 3,843 | |
L3336587.SRDUP, 24.41%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 868 | | | | 848 | | | | 882 | |
L3336591.SRDUP, 18.08%, 08/22/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 8,601 | | | | 8,423 | | | | 8,611 | |
L3336612.SRDUP, 20.66%, 08/08/2025 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,771 | | | | 1,744 | | | | 1,773 | |
L3336614.SRDUP, 24.39%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 5,000 | | | | 4,882 | | | | 5,090 | |
L3336615.SRDUP, 24.37%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,341 | | | | 1,309 | | | | 1,363 | |
L3336630.SRDUP, 14.29%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 2,954 | | | | 2,888 | | | | 2,965 | |
L3336636.SRDUP, 20.21%, 01/08/2028 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 12,465 | | | | 12,135 | | | | 5,630 | |
L3336656.SRDUP, 23.24%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 6,271 | | | | 6,123 | | | | 6,348 | |
L3336710.SRDUP, 14.10%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 3,335 | | | | 3,261 | | | | 3,321 | |
L3336748.SRDUP, 10.37%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 36,135 | | | | 35,362 | | | | 35,662 | |
L3336754.SRDUP, 23.89%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 792 | | | | 774 | | | | 802 | |
L3336860.SRDUP, 17.48%, 08/08/2025 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,528 | | | | 1,508 | | | | 1,518 | |
L3336939.SRDUP, 24.36%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 1,915 | | | | 1,860 | | | | 1,948 | |
L3337038.SRDUP, 13.11%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,104 | | | | 1,080 | | | | 1,100 | |
L3337065.SRDUP, 19.46%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 767 | | | | 749 | | | | 767 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
145
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3337105.SRDUP, 15.18%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | $ | 2,985 | | | $ | 2,919 | | | $ | 2,990 | |
L3337137.SRDUP, 22.45%, 08/10/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 2,891 | | | | 2,831 | | | | 2,940 | |
L3337154.SRDUP, 15.75%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,498 | | | | 1,465 | | | | 1,500 | |
L3337164.SRDUP, 13.34%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 22,856 | | | | 22,352 | | | | 22,898 | |
L3337180.SRDUP, 21.63%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 15,264 | | | | 14,907 | | | | 15,504 | |
L3337218.SRDUP, 23.75%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 4,404 | | | | 4,299 | | | | 4,477 | |
L3337257.SRDUP, 22.81%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 34,757 | | | | 33,941 | | | | 35,299 | |
L3337279.SRDUP, 16.73%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 3,769 | | | | 3,684 | | | | 3,774 | |
L3337295.SRDUP, 18.29%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 21,165 | | | | 20,681 | | | | 21,182 | |
L3337320.SRDUP, 24.31%, 08/15/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 3,433 | | | | 3,351 | | | | 3,467 | |
L3337326.SRDUP, 20.19%, 01/08/2028 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 956 | | | | 929 | | | | 954 | |
L3337328.SRDUP, 18.14%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 4,564 | | | | 4,459 | | | | 4,567 | |
L3337331.SRDUP, 14.34%, 08/08/2025 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 21,322 | | | | 20,686 | | | | 13,221 | |
L3337445.SRDUP, 24.26%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 938 | | | | 916 | | | | 955 | |
L3337519.SRDUP, 24.31%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 2,750 | | | | 2,668 | | | | 1,356 | |
L3337599.SRDUP, 18.51%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 7,924 | | | | 7,743 | | | | 7,939 | |
L3337620.SRDUP, 24.38%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 14,874 | | | | 14,520 | | | | 15,150 | |
L3337668.SRDUP, 18.62%, 08/23/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 2,921 | | | | 2,854 | | | | 2,924 | |
L3337769.SRDUP, 24.32%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 13,013 | | | | 12,704 | | | | 13,007 | |
L3337784.SRDUP, 24.07%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 7,088 | | | | 6,920 | | | | 7,173 | |
L3337820.SRDUP, 19.91%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 1,318 | | | | 1,279 | | | | 1,337 | |
L3337835.SRDUP, 14.20%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 5,170 | | | | 5,055 | | | | 5,189 | |
L3337906.SRDUP, 16.31%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 8,119 | | | | 7,936 | | | | 8,129 | |
L3337947.SRDUP, 17.32%, 08/08/2027 (a)(s) | | Upstart | | | 8/11/2022 | | | | 3,009 | | | | 2,941 | | | | 3,018 | |
L3337979.SRDUP, 24.23%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 526 | | | | 514 | | | | 527 | |
L3338050.SRDUP, 24.22%, 08/08/2027 (a)(p)(s) | | Upstart | | | 8/11/2022 | | | | 1,096 | | | | 1,066 | | | | 1,113 | |
L3338664.SRDUP, 23.49%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 4,867 | | | | 4,752 | | | | 4,953 | |
L3340632.SRDUP, 17.80%, 08/19/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 19,826 | | | | 19,374 | | | | 19,852 | |
L3340846.SRDUP, 14.80%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 11,166 | | | | 10,918 | | | | 11,186 | |
L3341076.SRDUP, 10.32%, 08/09/2025 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 6,202 | | | | 6,016 | | | | 3,762 | |
L3341604.SRDUP, 24.37%, 08/16/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 5,630 | | | | 5,493 | | | | 5,725 | |
L3341625.SRDUP, 17.08%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 10,531 | | | | 10,292 | | | | 10,559 | |
L3341677.SRDUP, 13.13%, 08/09/2025 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 5,593 | | | | 5,468 | | | | 5,566 | |
L3341682.SRDUP, 18.20%, 08/09/2025 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 842 | | | | 822 | | | | 838 | |
L3341717.SRDUP, 19.95%, 08/15/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 23,534 | | | | 22,828 | | | | 4,564 | |
L3341749.SRDUP, 17.51%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 6,126 | | | | 5,987 | | | | 6,135 | |
L3341759.SRDUP, 24.15%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 946 | | | | 926 | | | | 957 | |
L3341805.SRDUP, 23.67%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 3,851 | | | | 3,760 | | | | 3,916 | |
L3341816.SRDUP, 20.30%, 01/09/2028 (a)(s) | | Upstart | | | 8/12/2022 | | | | 25,264 | | | | 24,576 | | | | 25,256 | |
L3341825.SRDUP, 13.75%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,883 | | | | 2,827 | | | | 2,889 | |
L3341837.SRDUP, 16.58%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 16,056 | | | | 15,682 | | | | 16,108 | |
L3341925.SRDUP, 20.98%, 08/09/2025 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,566 | | | | 1,542 | | | | 1,568 | |
L3341955.SRDUP, 24.40%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,335 | | | | 2,274 | | | | 2,371 | |
L3342073.SRDUP, 23.36%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,333 | | | | 1,302 | | | | 1,356 | |
L3342120.SRDUP, 21.37%, 08/09/2025 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 531 | | | | 522 | | | | 532 | |
L3342129.SRDUP, 22.43%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 7,803 | | | | 7,620 | | | | 7,940 | |
L3342154.SRDUP, 21.88%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 4,417 | | | | 4,315 | | | | 4,480 | |
L3342196.SRDUP, 22.70%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 4,200 | | | | 4,096 | | | | 4,278 | |
L3342241.SRDUP, 24.40%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 4,340 | | | | 4,236 | | | | 4,412 | |
L3342266.SRDUP, 24.40%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 2,293 | | | | 2,231 | | | | 2,332 | |
L3342287.SRDUP, 22.66%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 4,716 | | | | 4,585 | | | | 4,778 | |
L3342349.SRDUP, 12.04%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 3,215 | | | | 3,145 | | | | 3,203 | |
L3342369.SRDUP, 18.65%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 8,577 | | | | 8,379 | | | | 8,586 | |
L3342371.SRDUP, 13.72%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 739 | | | | 723 | | | | 736 | |
L3342388.SRDUP, 24.36%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,026 | | | | 1,001 | | | | 1,043 | |
L3342402.SRDUP, 10.98%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 36,268 | | | | 35,482 | | | | 35,794 | |
L3342413.SRDUP, 24.28%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 560 | | | | 547 | | | | 555 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
146
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3342427.SRDUP, 24.29%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | $ | 5,678 | | | $ | 5,543 | | | $ | 5,773 | |
L3342459.SRDUP, 24.34%, 08/09/2027 (a)(p)(s) | | Upstart | | | 8/12/2022 | | | | 5,396 | | | | 5,235 | | | | 745 | |
L3342477.SRDUP, 23.12%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 2,350 | | | | 2,295 | | | | 2,380 | |
L3342482.SRDUP, 16.37%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 14,667 | | | | 14,336 | | | | 14,688 | |
L3342485.SRDUP, 24.31%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,893 | | | | 1,848 | | | | 1,924 | |
L3342537.SRDUP, 24.33%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,972 | | | | 1,930 | | | | 2,005 | |
L3342549.SRDUP, 17.64%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,137 | | | | 1,112 | | | | 1,139 | |
L3342573.SRDUP, 24.37%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 4,497 | | | | 4,390 | | | | 4,572 | |
L3342624.SRDUP, 14.33%, 08/09/2027 (a)(s) | | Upstart | | | 8/12/2022 | | | | 1,481 | | | | 1,448 | | | | 1,487 | |
L3342727.SRDUP, 17.14%, 08/09/2025 (a)(s) | | Upstart | | | 8/12/2022 | | | | 627 | | | | 617 | | | | 623 | |
L3342908.SRDUP, 11.90%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 11,693 | | | | 11,437 | | | | 11,662 | |
L3343140.SRDUP, 19.76%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 7,113 | | | | 6,949 | | | | 7,237 | |
L3343534.SRDUP, 11.81%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 1,227 | | | | 1,198 | | | | 1,216 | |
L3344086.SRDUP, 20.72%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 6,163 | | | | 5,995 | | | | 6,268 | |
L3344142.SRDUP, 21.22%, 08/10/2025 (a)(s) | | Upstart | | | 8/15/2022 | | | | 373 | | | | 367 | | | | 370 | |
L3344204.SRDUP, 23.06%, 01/10/2028 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 3,276 | | | | 3,177 | | | | 844 | |
L3344380.SRDUP, 15.30%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 13,445 | | | | 13,144 | | | | 13,470 | |
L3344403.SRDUP, 22.37%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,560 | | | | 1,523 | | | | 1,588 | |
L3344404.SRDUP, 22.89%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 11,740 | | | | 11,459 | | | | 11,895 | |
L3344431.SRDUP, 21.55%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 10,946 | | | | 10,691 | | | | 11,096 | |
L3344444.SRDUP, 13.76%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,493 | | | | 1,460 | | | | 1,491 | |
L3344527.SRDUP, 24.34%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 3,104 | | | | 3,027 | | | | 3,161 | |
L3344597.SRDUP, 16.43%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 904 | | | | 877 | | | | 125 | |
L3344636.SRDUP, 22.66%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 6,332 | | | | 6,142 | | | | 713 | |
L3344675.SRDUP, 16.66%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,733 | | | | 1,694 | | | | 1,736 | |
L3344676.SRDUP, 24.00%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 25,002 | | | | 24,408 | | | | 25,437 | |
L3344681.SRDUP, 15.35%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 12,328 | | | | 12,084 | | | | 12,351 | |
L3344765.SRDUP, 18.07%, 08/10/2025 (a)(s) | | Upstart | | | 8/15/2022 | | | | 1,176 | | | | 1,158 | | | | 1,169 | |
L3344812.SRDUP, 10.51%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 14,458 | | | | 14,146 | | | | 14,269 | |
L3344834.SRDUP, 21.36%, 08/10/2025 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 524 | | | | 514 | | | | 525 | |
L3344903.SRDUP, 12.02%, 08/15/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 16,831 | | | | 16,463 | | | | 16,770 | |
L3344977.SRDUP, 21.53%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 1,873 | | | | 1,823 | | | | 1,899 | |
L3344994.SRDUP, 13.24%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 6,445 | | | | 6,252 | | | | 1,185 | |
L3345011.SRDUP, 24.01%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 15,721 | | | | 15,305 | | | | 4,243 | |
L3345046.SRDUP, 19.99%, 08/10/2027 (a)(p)(s) | | Upstart | | | 8/15/2022 | | | | 7,824 | | | | 7,590 | | | | 3,748 | |
L3345081.SRDUP, 24.33%, 08/10/2027 (a)(s) | | Upstart | | | 8/15/2022 | | | | 6,878 | | | | 6,714 | | | | 6,984 | |
L3388534.SRDUP, 22.23%, 09/01/2025 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 5,626 | | | | 5,474 | | | | 5,612 | |
L3390668.SRDUP, 22.47%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,166 | | | | 1,147 | | | | 1,163 | |
L3390824.SRDUP, 20.97%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 16,990 | | | | 16,590 | | | | 17,182 | |
L3391045.SRDUP, 16.23%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 8,725 | | | | 8,463 | | | | 2,170 | |
L3391202.SRDUP, 16.98%, 09/11/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 5,405 | | | | 5,281 | | | | 5,392 | |
L3391321.SRDUP, 15.58%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 914 | | | | 894 | | | | 915 | |
L3391351.SRDUP, 21.08%, 09/11/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 3,516 | | | | 3,433 | | | | 3,569 | |
L3391362.SRDUP, 14.36%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 36,331 | | | | 35,514 | | | | 36,260 | |
L3391407.SRDUP, 14.42%, 09/16/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 9,226 | | | | 9,018 | | | | 9,210 | |
L3391411.SRDUP, 25.21%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 805 | | | | 785 | | | | 815 | |
L3391427.SRDUP, 15.62%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 8,458 | | | | 8,205 | | | | 2,101 | |
L3391434.SRDUP, 23.72%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 15,966 | | | | 15,584 | | | | 16,191 | |
L3391489.SRDUP, 23.36%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 5,297 | | | | 5,170 | | | | 5,358 | |
L3391531.SRDUP, 15.72%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,751 | | | | 1,724 | | | | 1,737 | |
L3391572.SRDUP, 17.31%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 15,403 | | | | 15,049 | | | | 15,398 | |
L3391613.SRDUP, 28.33%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 4,249 | | | | 4,144 | | | | 4,266 | |
L3391617.SRDUP, 22.34%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 793 | | | | 774 | | | | 801 | |
L3391640.SRDUP, 12.14%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 22,373 | | | | 21,877 | | | | 22,267 | |
L3391648.SRDUP, 19.51%, 02/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 8,820 | | | | 8,603 | | | | 8,634 | |
L3391738.SRDUP, 27.53%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 5,686 | | | | 5,541 | | | | 5,710 | |
L3391747.SRDUP, 10.36%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 664 | | | | 654 | | | | 658 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
147
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3391820.SRDUP, 24.72%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | $ | 7,994 | | | $ | 7,805 | | | $ | 8,101 | |
L3391831.SRDUP, 19.68%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 545 | | | | 536 | | | | 545 | |
L3391888.SRDUP, 19.26%, 09/01/2027 (a)(p)(s) | | Upstart | | | 9/7/2022 | | | | 14,119 | | | | 13,761 | | | | 14,105 | |
L3391924.SRDUP, 23.65%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 2,237 | | | | 2,200 | | | | 2,234 | |
L3391968.SRDUP, 11.21%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 11,367 | | | | 11,117 | | | | 11,238 | |
L3391974.SRDUP, 26.50%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,377 | | | | 1,347 | | | | 1,383 | |
L3392015.SRDUP, 20.84%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 9,432 | | | | 9,210 | | | | 9,422 | |
L3392022.SRDUP, 21.97%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 4,350 | | | | 4,247 | | | | 4,397 | |
L3392064.SRDUP, 26.10%, 09/01/2025 (a)(s) | | Upstart | | | 9/7/2022 | | | | 1,706 | | | | 1,677 | | | | 1,708 | |
L3392189.SRDUP, 11.72%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 18,101 | | | | 17,701 | | | | 18,017 | |
L3392406.SRDUP, 14.33%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 7,563 | | | | 7,393 | | | | 7,568 | |
L3393918.SRDUP, 13.27%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 10,893 | | | | 10,649 | | | | 10,841 | |
L3394012.SRDUP, 22.75%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 13,256 | | | | 12,939 | | | | 13,401 | |
L3394096.SRDUP, 14.19%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 3,022 | | | | 2,954 | | | | 3,024 | |
L3394103.SRDUP, 18.16%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 7,668 | | | | 7,488 | | | | 7,648 | |
L3394206.SRDUP, 15.01%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 918 | | | | 900 | | | | 917 | |
L3394268.SRDUP, 24.64%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 2,953 | | | | 2,882 | | | | 2,985 | |
L3394336.SRDUP, 20.27%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,954 | | | | 1,927 | | | | 1,948 | |
L3394367.SRDUP, 18.49%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 7,756 | | | | 7,576 | | | | 7,753 | |
L3394379.SRDUP, 25.54%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 2,045 | | | | 1,984 | | | | 924 | |
L3394413.SRDUP, 21.88%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 6,688 | | | | 6,528 | | | | 6,762 | |
L3394467.SRDUP, 28.56%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 5,808 | | | | 5,665 | | | | 5,835 | |
L3394493.SRDUP, 25.08%, 02/02/2028 (a)(s) | | Upstart | | | 9/8/2022 | | | | 42,758 | | | | 41,659 | | | | 41,610 | |
L3394501.SRDUP, 20.14%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 7,829 | | | | 7,645 | | | | 7,923 | |
L3394526.SRDUP, 27.22%, 02/02/2028 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 5,093 | | | | 4,989 | | | | 5,101 | |
L3394593.SRDUP, 28.14%, 02/02/2028 (a)(s) | | Upstart | | | 9/8/2022 | | | | 4,896 | | | | 4,762 | | | | 4,704 | |
L3394600.SRDUP, 22.76%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 2,447 | | | | 2,412 | | | | 2,445 | |
L3394650.SRDUP, 13.04%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,305 | | | | 1,286 | | | | 1,296 | |
L3394680.SRDUP, 20.76%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 8,957 | | | | 8,746 | | | | 9,062 | |
L3394742.SRDUP, 16.94%, 09/02/2027 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 2,557 | | | | 2,505 | | | | 2,550 | |
L3394760.SRDUP, 21.48%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 3,155 | | | | 3,080 | | | | 3,191 | |
L3394784.SRDUP, 13.16%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 3,378 | | | | 3,303 | | | | 3,362 | |
L3394802.SRDUP, 17.07%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 26,916 | | | | 26,297 | | | | 26,915 | |
L3394882.SRDUP, 19.04%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 5,835 | | | | 5,699 | | | | 5,832 | |
L3394950.SRDUP, 20.41%, 02/02/2028 (a)(p)(s) | | Upstart | | | 9/8/2022 | | | | 17,122 | | | | 16,767 | | | | 17,024 | |
L3394974.SRDUP, 9.60%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 1,343 | | | | 1,323 | | | | 1,331 | |
L3394987.SRDUP, 18.43%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 4,091 | | | | 4,007 | | | | 4,087 | |
L3395116.SRDUP, 28.01%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 2,741 | | | | 2,674 | | | | 2,751 | |
L3395140.SRDUP, 13.03%, 09/02/2025 (a)(s) | | Upstart | | | 9/8/2022 | | | | 2,343 | | | | 2,307 | | | | 2,328 | |
L3401189.SRDUP, 14.71%, 09/06/2027 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 14,404 | | | | 13,972 | | | | 2,685 | |
L3401194.SRDUP, 22.61%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 4,972 | | | | 4,854 | | | | 5,033 | |
L3401248.SRDUP, 25.98%, 09/21/2025 (a)(s) | | Upstart | | | 9/9/2022 | | | | 8,855 | | | | 8,707 | | | | 8,901 | |
L3401283.SRDUP, 18.06%, 09/06/2025 (a)(s) | | Upstart | | | 9/9/2022 | | | | 7,190 | | | | 7,074 | | | | 7,145 | |
L3401316.SRDUP, 15.39%, 09/06/2027 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 5,116 | | | | 4,963 | | | | 706 | |
L3401321.SRDUP, 15.57%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 2,278 | | | | 2,226 | | | | 2,281 | |
L3401328.SRDUP, 14.05%, 09/06/2027 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 18,841 | | | | 18,277 | | | | 8,443 | |
L3401351.SRDUP, 24.79%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 17,909 | | | | 17,476 | | | | 18,172 | |
L3401522.SRDUP, 15.59%, 09/21/2027 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 29,160 | | | | 28,285 | | | | 29,079 | |
L3401534.SRDUP, 28.45%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 10,633 | | | | 10,371 | | | | 10,685 | |
L3401583.SRDUP, 27.59%, 09/06/2025 (a)(s) | | Upstart | | | 9/9/2022 | | | | 2,066 | | | | 2,031 | | | | 2,061 | |
L3401599.SRDUP, 17.43%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 5,857 | | | | 5,722 | | | | 5,862 | |
L3401756.SRDUP, 24.21%, 09/06/2027 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 1,184 | | | | 1,153 | | | | 1,197 | |
L3401860.SRDUP, 22.93%, 09/06/2025 (a)(s) | | Upstart | | | 9/9/2022 | | | | 1,157 | | | | 1,132 | | | | 1,155 | |
L3402012.SRDUP, 18.24%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 1,917 | | | | 1,860 | | | | 1,918 | |
L3402023.SRDUP, 14.02%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 9,058 | | | | 8,853 | | | | 9,072 | |
L3402051.SRDUP, 23.11%, 09/09/2027 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 5,515 | | | | 5,349 | | | | 1,412 | |
L3402058.SRDUP, 21.73%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 13,742 | | | | 13,416 | | | | 13,918 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
148
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3402105.SRDUP, 17.36%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | $ | 3,852 | | | $ | 3,763 | | | $ | 3,834 | |
L3402156.SRDUP, 17.19%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 21,165 | | | | 20,677 | | | | 21,182 | |
L3402211.SRDUP, 17.13%, 09/06/2025 (a)(p)(s) | | Upstart | | | 9/9/2022 | | | | 1,556 | | | | 1,509 | | | | 316 | |
L3402546.SRDUP, 10.81%, 09/06/2025 (a)(s) | | Upstart | | | 9/9/2022 | | | | 1,230 | | | | 1,212 | | | | 1,219 | |
L3402602.SRDUP, 17.98%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 10,812 | | | | 10,560 | | | | 10,819 | |
L3402648.SRDUP, 28.18%, 09/06/2027 (a)(s) | | Upstart | | | 9/9/2022 | | | | 3,511 | | | | 3,425 | | | | 3,547 | |
L3470030.SRDUP, 16.60%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 7,227 | | | | 7,028 | | | | 7,230 | |
L3484826.SRDUP, 16.21%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 31,168 | | | | 30,440 | | | | 31,113 | |
L3493753.SRDUP, 23.49%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,708 | | | | 2,627 | | | | 561 | |
L3496979.SRDUP, 10.10%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 15,036 | | | | 14,698 | | | | 14,804 | |
L3498493.SRDUP, 17.07%, 03/28/2026 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 4,611 | | | | 4,488 | | | | 4,534 | |
L3498513.SRDUP, 21.69%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,741 | | | | 2,675 | | | | 2,773 | |
L3499014.SRDUP, 24.20%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 7,033 | | | | 6,861 | | | | 7,090 | |
L3499047.SRDUP, 23.23%, 03/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,255 | | | | 2,197 | | | | 2,110 | |
L3499728.SRDUP, 26.64%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 988 | | | | 963 | | | | 1,000 | |
L3499832.SRDUP, 23.82%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 7,945 | | | | 7,750 | | | | 8,072 | |
L3499842.SRDUP, 24.37%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,868 | | | | 1,822 | | | | 1,889 | |
L3499895.SRDUP, 14.94%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 4,643 | | | | 4,529 | | | | 4,614 | |
L3499912.SRDUP, 17.90%, 10/28/2025 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 3,611 | | | | 3,557 | | | | 3,613 | |
L3499914.SRDUP, 23.26%, 03/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,620 | | | | 2,563 | | | | 2,622 | |
L3499928.SRDUP, 21.59%, 10/13/2025 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 21,517 | | | | 20,871 | | | | 4,571 | |
L3499960.SRDUP, 18.83%, 10/26/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 8,808 | | | | 8,600 | | | | 8,788 | |
L3500036.SRDUP, 24.24%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,422 | | | | 6,264 | | | | 6,496 | |
L3500040.SRDUP, 15.14%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 5,148 | | | | 5,063 | | | | 5,115 | |
L3500057.SRDUP, 12.99%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,116 | | | | 5,993 | | | | 6,080 | |
L3500128.SRDUP, 12.31%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 14,542 | | | | 14,211 | | | | 14,457 | |
L3500157.SRDUP, 18.67%, 10/28/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,184 | | | | 3,117 | | | | 3,178 | |
L3500169.SRDUP, 22.76%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,534 | | | | 1,497 | | | | 1,556 | |
L3500174.SRDUP, 14.88%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 13,094 | | | | 12,714 | | | | 12,192 | |
L3500193.SRDUP, 19.46%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,258 | | | | 1,237 | | | | 1,260 | |
L3500231.SRDUP, 15.36%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 10,075 | | | | 9,841 | | | | 10,084 | |
L3500271.SRDUP, 13.28%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 36,746 | | | | 35,902 | | | | 36,573 | |
L3500293.SRDUP, 14.63%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 12,745 | | | | 12,450 | | | | 12,740 | |
L3500312.SRDUP, 16.33%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 4,667 | | | | 4,527 | | | | 503 | |
L3500343.SRDUP, 11.65%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,065 | | | | 2,032 | | | | 2,050 | |
L3500371.SRDUP, 18.38%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 15,777 | | | | 15,446 | | | | 15,940 | |
L3500416.SRDUP, 21.18%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 28,034 | | | | 27,357 | | | | 27,955 | |
L3500423.SRDUP, 16.29%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 4,835 | | | | 4,709 | | | | 4,826 | |
L3500425.SRDUP, 13.30%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 6,373 | | | | 6,227 | | | | 6,343 | |
L3500427.SRDUP, 21.42%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,207 | | | | 3,130 | | | | 3,237 | |
L3500458.SRDUP, 19.10%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,336 | | | | 6,185 | | | | 6,321 | |
L3500472.SRDUP, 24.28%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,182 | | | | 1,153 | | | | 1,195 | |
L3500482.SRDUP, 15.02%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,937 | | | | 6,776 | | | | 6,928 | |
L3500484.SRDUP, 20.57%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 10,396 | | | | 10,144 | | | | 10,576 | |
L3500488.SRDUP, 23.52%, 03/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 22,108 | | | | 21,535 | | | | 21,852 | |
L3500497.SRDUP, 22.79%, 03/28/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 4,101 | | | | 3,999 | | | | 4,076 | |
L3500563.SRDUP, 14.02%, 10/25/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 8,661 | | | | 8,484 | | | | 8,631 | |
L3500580.SRDUP, 14.91%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 4,000 | | | | 3,904 | | | | 3,966 | |
L3500600.SRDUP, 21.06%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 8,005 | | | | 7,811 | | | | 8,079 | |
L3500620.SRDUP, 14.71%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 14,951 | | | | 14,605 | | | | 14,957 | |
L3500652.SRDUP, 10.96%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 30,156 | | | | 29,555 | | | | 29,725 | |
L3500693.SRDUP, 17.67%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 3,393 | | | | 3,343 | | | | 3,398 | |
L3500697.SRDUP, 20.76%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 4,451 | | | | 4,374 | | | | 4,461 | |
L3500718.SRDUP, 20.37%, 10/13/2025 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 12,249 | | | | 11,882 | | | | 1,690 | |
L3500779.SRDUP, 24.29%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 5,695 | | | | 5,556 | | | | 5,740 | |
L3500805.SRDUP, 19.56%, 10/28/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,373 | | | | 2,322 | | | | 2,368 | |
L3500820.SRDUP, 24.33%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,296 | | | | 1,264 | | | | 1,311 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
149
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3500831.SRDUP, 24.00%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | $ | 1,219 | | | $ | 1,189 | | | $ | 1,235 | |
L3500846.SRDUP, 12.54%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 609 | | | | 600 | | | | 605 | |
L3500869.SRDUP, 16.64%, 03/13/2028 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,608 | | | | 1,561 | | | | 1,604 | |
L3500895.SRDUP, 24.39%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 1,232 | | | | 1,205 | | | | 1,243 | |
L3500901.SRDUP, 15.75%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,190 | | | | 2,139 | | | | 2,182 | |
L3500906.SRDUP, 17.79%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,287 | | | | 6,136 | | | | 6,289 | |
L3500918.SRDUP, 22.64%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 8,728 | | | | 8,516 | | | | 8,703 | |
L3500949.SRDUP, 22.77%, 03/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 19,300 | | | | 18,745 | | | | 19,242 | |
L3500967.SRDUP, 21.28%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 8,010 | | | | 7,824 | | | | 8,113 | |
L3500992.SRDUP, 20.83%, 10/13/2025 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,166 | | | | 2,129 | | | | 2,171 | |
L3501018.SRDUP, 10.44%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 7,521 | | | | 7,350 | | | | 7,413 | |
L3501070.SRDUP, 24.23%, 10/23/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,127 | | | | 2,074 | | | | 2,156 | |
L3501081.SRDUP, 21.06%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,803 | | | | 6,658 | | | | 6,866 | |
L3501084.SRDUP, 24.37%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 925 | | | | 902 | | | | 918 | |
L3501102.SRDUP, 24.28%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 4,881 | | | | 4,761 | | | | 4,876 | |
L3501150.SRDUP, 16.65%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 4,297 | | | | 4,196 | | | | 4,289 | |
L3501239.SRDUP, 24.13%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 5,681 | | | | 5,537 | | | | 5,674 | |
L3501245.SRDUP, 19.97%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 6,843 | | | | 6,679 | | | | 6,909 | |
L3501266.SRDUP, 23.82%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 946 | | | | 917 | | | | 79 | |
L3501280.SRDUP, 17.21%, 10/14/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 5,471 | | | | 5,342 | | | | 5,473 | |
L3501285.SRDUP, 24.33%, 03/13/2028 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 1,420 | | | | 1,380 | | | | 1,418 | |
L3501301.SRDUP, 9.97%, 10/13/2025 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 2,477 | | | | 2,403 | | | | 493 | |
L3501346.SRDUP, 24.24%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 3,686 | | | | 3,575 | | | | 509 | |
L3501417.SRDUP, 23.82%, 10/13/2027 (a)(p)(s) | | Upstart | | | 10/18/2022 | | | | 3,448 | | | | 3,350 | | | | 3,498 | |
L3521654.SRDUP, 24.34%, 04/01/2028 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 6,016 | | | | 5,840 | | | | 5,979 | |
L3537611.SRDUP, 24.04%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,117 | | | | 1,089 | | | | 1,129 | |
L3540203.SRDUP, 24.39%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 826 | | | | 806 | | | | 827 | |
L3540251.SRDUP, 24.36%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,165 | | | | 2,111 | | | | 2,185 | |
L3540501.SRDUP, 17.42%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 14,511 | | | | 14,166 | | | | 14,384 | |
L3541676.SRDUP, 15.78%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,347 | | | | 1,324 | | | | 1,333 | |
L3541701.SRDUP, 11.36%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 3,703 | | | | 3,642 | | | | 3,666 | |
L3541706.SRDUP, 12.42%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,121 | | | | 1,102 | | | | 1,109 | |
L3541746.SRDUP, 17.86%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,016 | | | | 1,981 | | | | 1,995 | |
L3541799.SRDUP, 15.10%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 5,515 | | | | 5,385 | | | | 5,480 | |
L3541802.SRDUP, 9.90%, 11/07/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 6,218 | | | | 6,116 | | | | 6,142 | |
L3541817.SRDUP, 20.51%, 04/01/2028 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 6,880 | | | | 6,704 | | | | 6,901 | |
L3541850.SRDUP, 20.67%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 968 | | | | 951 | | | | 968 | |
L3541950.SRDUP, 19.07%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,649 | | | | 1,610 | | | | 1,628 | |
L3541951.SRDUP, 16.90%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 11,933 | | | | 11,650 | | | | 11,856 | |
L3541957.SRDUP, 10.31%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 566 | | | | 557 | | | | 560 | |
L3541984.SRDUP, 12.39%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,100 | | | | 1,072 | | | | 1,092 | |
L3541986.SRDUP, 23.76%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 1,045 | | | | 1,013 | | | | 200 | |
L3541988.SRDUP, 18.94%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,895 | | | | 2,825 | | | | 2,904 | |
L3541996.SRDUP, 24.34%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 3,741 | | | | 3,648 | | | | 3,746 | |
L3542033.SRDUP, 23.98%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 5,881 | | | | 5,725 | | | | 2,723 | |
L3542104.SRDUP, 24.35%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,569 | | | | 1,527 | | | | 1,582 | |
L3542117.SRDUP, 21.53%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,444 | | | | 2,384 | | | | 2,476 | |
L3542121.SRDUP, 21.26%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 41,540 | | | | 40,295 | | | | 19,218 | |
L3542134.SRDUP, 20.79%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 13,636 | | | | 13,305 | | | | 13,670 | |
L3542151.SRDUP, 17.15%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,390 | | | | 2,333 | | | | 2,374 | |
L3542213.SRDUP, 12.46%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 6,210 | | | | 6,083 | | | | 6,173 | |
L3542239.SRDUP, 24.21%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,815 | | | | 1,770 | | | | 1,836 | |
L3542262.SRDUP, 20.75%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 603 | | | | 593 | | | | 604 | |
L3542325.SRDUP, 10.23%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 12,322 | | | | 11,966 | | | | 12,141 | |
L3542337.SRDUP, 11.77%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,845 | | | | 2,798 | | | | 2,817 | |
L3542367.SRDUP, 18.00%, 11/01/2025 (a)(s) | | Upstart | | | 11/4/2022 | | | | 594 | | | | 583 | | | | 588 | |
L3542387.SRDUP, 21.82%, 11/01/2027 (a)(p)(s) | | Upstart | | | 11/4/2022 | | | | 10,173 | | | | 9,898 | | | | 10,280 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
150
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3542473.SRDUP, 16.92%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | $ | 7,161 | | | $ | 6,991 | | | $ | 7,115 | |
L3542487.SRDUP, 23.59%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 2,086 | | | | 2,041 | | | | 2,080 | |
L3542519.SRDUP, 13.53%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 6,248 | | | | 6,103 | | | | 6,210 | |
L3542542.SRDUP, 24.36%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,073 | | | | 1,047 | | | | 1,074 | |
L3542556.SRDUP, 24.06%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 9,893 | | | | 9,649 | | | | 9,905 | |
L3542557.SRDUP, 23.93%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 1,071 | | | | 1,045 | | | | 1,084 | |
L3542586.SRDUP, 12.21%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 6,728 | | | | 6,544 | | | | 6,686 | |
L3542595.SRDUP, 24.23%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 5,858 | | | | 5,713 | | | | 5,865 | |
L3542618.SRDUP, 24.18%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 3,629 | | | | 3,540 | | | | 3,672 | |
L3542621.SRDUP, 22.31%, 11/01/2027 (a)(s) | | Upstart | | | 11/4/2022 | | | | 5,478 | | | | 5,344 | | | | 5,548 | |
L3542650.SRDUP, 19.18%, 11/03/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 35,304 | | | | 34,260 | | | | 34,987 | |
L3542686.SRDUP, 22.77%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 6,369 | | | | 6,213 | | | | 6,451 | |
L3542777.SRDUP, 12.90%, 11/02/2027 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 6,953 | | | | 6,792 | | | | 6,904 | |
L3542791.SRDUP, 9.84%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 18,675 | | | | 18,251 | | | | 18,423 | |
L3542812.SRDUP, 21.74%, 04/02/2026 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 4,339 | | | | 4,209 | | | | 1,314 | |
L3542817.SRDUP, 21.09%, 11/16/2025 (a)(s) | | Upstart | | | 11/7/2022 | | | | 4,601 | | | | 4,514 | | | | 4,599 | |
L3542853.SRDUP, 22.93%, 11/02/2027 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 6,217 | | | | 6,065 | | | | 6,288 | |
L3542868.SRDUP, 22.09%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 1,634 | | | | 1,594 | | | | 1,655 | |
L3542873.SRDUP, 18.49%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 10,911 | | | | 10,649 | | | | 10,839 | |
L3542906.SRDUP, 20.56%, 11/05/2025 (a)(p)(s) | | Upstart | | | 11/7/2022 | | | | 2,982 | | | | 2,922 | | | | 2,985 | |
L3542911.SRDUP, 24.36%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 4,053 | | | | 3,953 | | | | 4,089 | |
L3542922.SRDUP, 21.55%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 10,579 | | | | 10,322 | | | | 10,606 | |
L3542965.SRDUP, 24.37%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 1,569 | | | | 1,530 | | | | 1,583 | |
L3543009.SRDUP, 16.42%, 11/08/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 7,082 | | | | 6,914 | | | | 7,021 | |
L3543042.SRDUP, 23.93%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 4,794 | | | | 4,689 | | | | 4,795 | |
L3543084.SRDUP, 21.49%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 24,431 | | | | 23,835 | | | | 24,494 | |
L3543101.SRDUP, 24.36%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 3,880 | | | | 3,784 | | | | 3,927 | |
L3543129.SRDUP, 17.95%, 11/02/2027 (a)(s) | | Upstart | | | 11/7/2022 | | | | 20,799 | | | | 20,303 | | | | 20,665 | |
L3896190.SRDUP, 21.26%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 6,345 | | | | 6,315 | | | | 6,164 | |
L3904726.SRDUP, 21.67%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,283 | | | | 4,265 | | | | 4,199 | |
L3907695.SRDUP, 14.79%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 32,576 | | | | 32,426 | | | | 31,863 | |
L3909571.SRDUP, 20.41%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 16,566 | | | | 16,488 | | | | 16,127 | |
L3909780.SRDUP, 14.99%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 13,587 | | | | 13,524 | | | | 13,278 | |
L3909787.SRDUP, 15.74%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 16,608 | | | | 16,531 | | | | 16,229 | |
L3909795.SRDUP, 22.37%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 6,455 | | | | 6,424 | | | | 6,269 | |
L3909803.SRDUP, 24.23%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,024 | | | | 2,015 | | | | 1,963 | |
L3909810.SRDUP, 18.39%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,880 | | | | 2,868 | | | | 2,819 | |
L3909811.SRDUP, 21.94%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 5,372 | | | | 5,345 | | | | 1,390 | |
L3909816.SRDUP, 16.75%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 41,399 | | | | 41,366 | | | | 40,448 | |
L3909826.SRDUP, 21.98%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 2,856 | | | | 2,842 | | | | 738 | |
L3909837.SRDUP, 16.45%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 909 | | | | 905 | | | | 888 | |
L3909854.SRDUP, 19.63%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 6,321 | | | | 6,292 | | | | 6,148 | |
L3909856.SRDUP, 23.24%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 2,987 | | | | 2,972 | | | | 1,299 | |
L3909858.SRDUP, 16.80%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 20,747 | | | | 20,651 | | | | 20,270 | |
L3909882.SRDUP, 15.31%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 6,980 | | | | 6,948 | | | | 6,822 | |
L3909895.SRDUP, 17.79%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 15,327 | | | | 15,312 | | | | 14,982 | |
L3909902.SRDUP, 15.63%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,921 | | | | 3,905 | | | | 3,829 | |
L3909914.SRDUP, 17.54%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,397 | | | | 2,387 | | | | 2,341 | |
L3909918.SRDUP, 13.63%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 13,590 | | | | 13,528 | | | | 13,286 | |
L3909939.SRDUP, 17.31%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 8,263 | | | | 8,225 | | | | 8,073 | |
L3909955.SRDUP, 23.23%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 875 | | | | 871 | | | | 849 | |
L3909961.SRDUP, 17.71%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 36,202 | | | | 36,021 | | | | 14,671 | |
L3909965.SRDUP, 20.27%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,487 | | | | 1,481 | | | | 1,452 | |
L3909967.SRDUP, 18.85%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,207 | | | | 4,187 | | | | 4,092 | |
L3909971.SRDUP, 17.69%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,186 | | | | 1,180 | | | | 1,158 | |
L3909974.SRDUP, 14.89%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 6,792 | | | | 6,761 | | | | 6,638 | |
L3909992.SRDUP, 19.61%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 6,026 | | | | 6,001 | | | | 5,898 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
151
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3909996.SRDUP, 17.74%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | $ | 45,601 | | | $ | 45,389 | | | $ | 44,546 | |
L3910013.SRDUP, 11.49%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 2,732 | | | | 2,719 | | | | 2,685 | |
L3910019.SRDUP, 16.82%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 10,192 | | | | 10,144 | | | | 9,957 | |
L3910026.SRDUP, 11.22%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 10,042 | | | | 10,041 | | | | 9,834 | |
L3910042.SRDUP, 16.26%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 18,174 | | | | 18,090 | | | | 17,758 | |
L3910056.SRDUP, 22.71%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,475 | | | | 1,468 | | | | 1,436 | |
L3910069.SRDUP, 20.20%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 11,533 | | | | 11,478 | | | | 11,218 | |
L3910075.SRDUP, 23.01%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,385 | | | | 1,378 | | | | 1,344 | |
L3910082.SRDUP, 20.84%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,662 | | | | 2,650 | | | | 2,593 | |
L3910115.SRDUP, 20.80%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 36,203 | | | | 36,022 | | | | 35,253 | |
L3910116.SRDUP, 16.19%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 6,360 | | | | 6,330 | | | | 6,260 | |
L3910168.SRDUP, 15.33%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,468 | | | | 1,462 | | | | 1,432 | |
L3910172.SRDUP, 22.51%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 11,065 | | | | 11,013 | | | | 10,753 | |
L3910201.SRDUP, 22.30%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 2,859 | | | | 2,846 | | | | 2,777 | |
L3910203.SRDUP, 19.38%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 9,156 | | | | 9,113 | | | | 8,905 | |
L3910204.SRDUP, 23.23%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,259 | | | | 3,244 | | | | 3,170 | |
L3910205.SRDUP, 22.17%, 08/17/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 12,736 | | | | 12,676 | | | | 12,373 | |
L3910210.SRDUP, 23.28%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,892 | | | | 2,879 | | | | 2,807 | |
L3910215.SRDUP, 20.19%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,774 | | | | 1,765 | | | | 1,733 | |
L3910221.SRDUP, 15.97%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,634 | | | | 1,627 | | | | 1,597 | |
L3910229.SRDUP, 19.53%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,474 | | | | 2,464 | | | | 2,427 | |
L3910230.SRDUP, 20.01%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 12,378 | | | | 12,320 | | | | 12,037 | |
L3910241.SRDUP, 15.43%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 20,949 | | | | 20,845 | | | | 8,468 | |
L3910245.SRDUP, 19.86%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 8,255 | | | | 8,245 | | | | 8,096 | |
L3910255.SRDUP, 22.07%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 15,373 | | | | 15,300 | | | | 14,958 | |
L3910263.SRDUP, 23.08%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,847 | | | | 1,838 | | | | 1,793 | |
L3910265.SRDUP, 23.24%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 8,405 | | | | 8,364 | | | | 8,160 | |
L3910266.SRDUP, 13.67%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 44,280 | | | | 44,078 | | | | 43,590 | |
L3910282.SRDUP, 14.16%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 25,670 | | | | 25,552 | | | | 25,270 | |
L3910314.SRDUP, 15.01%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 14,938 | | | | 14,869 | | | | 14,610 | |
L3910341.SRDUP, 23.13%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 3,047 | | | | 3,032 | | | | 2,958 | |
L3910555.SRDUP, 16.30%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,472 | | | | 1,466 | | | | 1,436 | |
L3910568.SRDUP, 15.76%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 980 | | | | 979 | | | | 956 | |
L3910630.SRDUP, 17.56%, 08/02/2028 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 3,389 | | | | 3,372 | | | | 611 | |
L3910648.SRDUP, 16.39%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 22,726 | | | | 22,621 | | | | 22,205 | |
L3910699.SRDUP, 20.05%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 2,452 | | | | 2,439 | | | | 2,404 | |
L3910862.SRDUP, 23.21%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 24,674 | | | | 24,556 | | | | 23,993 | |
L3910879.SRDUP, 19.74%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 45,065 | | | | 44,853 | | | | 44,039 | |
L3910891.SRDUP, 12.36%, 08/02/2026 (a)(p)(s) | | Upstart | | | 8/7/2023 | | | | 8,172 | | | | 8,140 | | | | 8,049 | |
L3910902.SRDUP, 23.29%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,016 | | | | 1,011 | | | | 986 | |
L3910924.SRDUP, 24.25%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 27,767 | | | | 27,635 | | | | 26,951 | |
L3910926.SRDUP, 13.94%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 7,227 | | | | 7,194 | | | | 7,064 | |
L3910932.SRDUP, 23.28%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 1,847 | | | | 1,838 | | | | 1,795 | |
L3911143.SRDUP, 12.39%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,044 | | | | 4,027 | | | | 3,984 | |
L3911321.SRDUP, 16.53%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 7,271 | | | | 7,237 | | | | 7,109 | |
L3911356.SRDUP, 17.80%, 08/02/2028 (a)(s) | | Upstart | | | 8/7/2023 | | | | 5,199 | | | | 5,175 | | | | 5,079 | |
L3911507.SRDUP, 19.51%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 5,221 | | | | 5,196 | | | | 5,079 | |
L3911517.SRDUP, 18.52%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 9,634 | | | | 9,587 | | | | 4,121 | |
L3911606.SRDUP, 16.00%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 2,724 | | | | 2,712 | | | | 2,663 | |
L3911642.SRDUP, 14.25%, 08/17/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 5,393 | | | | 5,371 | | | | 5,313 | |
L3911664.SRDUP, 23.12%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 923 | | | | 919 | | | | 897 | |
L3911680.SRDUP, 18.69%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 10,423 | | | | 10,374 | | | | 10,182 | |
L3911731.SRDUP, 18.13%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 20,988 | | | | 20,890 | | | | 20,522 | |
L3911757.SRDUP, 14.93%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 21,011 | | | | 20,999 | | | | 20,685 | |
L3911764.SRDUP, 14.78%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 45,266 | | | | 45,058 | | | | 44,564 | |
L3911768.SRDUP, 23.03%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,200 | | | | 1,195 | | | | 1,166 | |
L3911872.SRDUP, 23.70%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 2,307 | | | | 2,303 | | | | 2,245 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
152
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3911885.SRDUP, 14.11%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | $ | 27,702 | | | $ | 27,564 | | | $ | 11,137 | |
L3911913.SRDUP, 21.27%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,839 | | | | 1,830 | | | | 1,787 | |
L3911952.SRDUP, 23.09%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,925 | | | | 1,922 | | | | 1,863 | |
L3911996.SRDUP, 15.89%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 25,420 | | | | 25,303 | | | | 24,845 | |
L3912003.SRDUP, 14.30%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 5,612 | | | | 5,589 | | | | 5,475 | |
L3912392.SRDUP, 11.21%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 3,224 | | | | 3,211 | | | | 3,167 | |
L3912433.SRDUP, 22.83%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 1,017 | | | | 1,013 | | | | 988 | |
L3912454.SRDUP, 16.95%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,328 | | | | 4,308 | | | | 4,227 | |
L3912505.SRDUP, 18.17%, 08/03/2026 (a)(s) | | Upstart | | | 8/8/2023 | | | | 2,000 | | | | 1,992 | | | | 1,964 | |
L3912606.SRDUP, 16.66%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 10,370 | | | | 10,322 | | | | 10,134 | |
L3912627.SRDUP, 23.39%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 8,962 | | | | 8,946 | | | | 8,704 | |
L3912740.SRDUP, 17.04%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 3,102 | | | | 3,088 | | | | 3,033 | |
L3912830.SRDUP, 16.89%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 44,457 | | | | 44,250 | | | | 43,469 | |
L3912847.SRDUP, 14.07%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 4,518 | | | | 4,498 | | | | 4,417 | |
L3912865.SRDUP, 14.60%, 08/03/2028 (a)(p)(s) | | Upstart | | | 8/8/2023 | | | | 46,442 | | | | 46,210 | | | | 18,667 | |
L3912959.SRDUP, 19.42%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 4,578 | | | | 4,557 | | | | 4,454 | |
L3912961.SRDUP, 10.62%, 08/03/2028 (a)(s) | | Upstart | | | 8/8/2023 | | | | 2,701 | | | | 2,689 | | | | 2,645 | |
L3913011.SRDUP, 20.19%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 43,263 | | | | 43,063 | | | | 42,174 | |
L3913166.SRDUP, 23.26%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 6,357 | | | | 6,346 | | | | 5,933 | |
L3913170.SRDUP, 23.09%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 8,333 | | | | 8,291 | | | | 8,103 | |
L3913211.SRDUP, 14.86%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 47,114 | | | | 46,879 | | | | 8,556 | |
L3913212.SRDUP, 21.31%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 37,705 | | | | 37,527 | | | | 36,679 | |
L3913218.SRDUP, 15.28%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 906 | | | | 902 | | | | 886 | |
L3913249.SRDUP, 21.45%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 7,301 | | | | 7,270 | | | | 7,149 | |
L3913266.SRDUP, 22.60%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 5,257 | | | | 5,232 | | | | 5,109 | |
L3913271.SRDUP, 22.11%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 989 | | | | 988 | | | | 963 | |
L3913278.SRDUP, 23.29%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 4,244 | | | | 4,225 | | | | 4,128 | |
L3913291.SRDUP, 23.22%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 8,987 | | | | 8,944 | | | | 8,744 | |
L3913297.SRDUP, 12.24%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 3,875 | | | | 3,859 | | | | 3,819 | |
L3913328.SRDUP, 20.41%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 3,480 | | | | 3,464 | | | | 3,402 | |
L3913333.SRDUP, 21.48%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 13,800 | | | | 13,735 | | | | 13,424 | |
L3913346.SRDUP, 19.98%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 22,870 | | | | 22,841 | | | | 22,294 | |
L3913349.SRDUP, 14.26%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,085 | | | | 1,080 | | | | 1,061 | |
L3913367.SRDUP, 12.13%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 39,711 | | | | 39,531 | | | | 39,104 | |
L3913370.SRDUP, 19.61%, 08/13/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 11,497 | | | | 11,446 | | | | 11,192 | |
L3913373.SRDUP, 23.22%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,067 | | | | 1,061 | | | | 1,032 | |
L3913384.SRDUP, 24.07%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 5,243 | | | | 5,217 | | | | 5,106 | |
L3913386.SRDUP, 23.17%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 6,431 | | | | 6,399 | | | | 6,251 | |
L3913394.SRDUP, 21.64%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 920 | | | | 916 | | | | 895 | |
L3913429.SRDUP, 23.29%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 14,910 | | | | 14,838 | | | | 14,512 | |
L3913469.SRDUP, 15.92%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,178 | | | | 1,173 | | | | 1,153 | |
L3913478.SRDUP, 17.49%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 8,294 | | | | 8,256 | | | | 8,106 | |
L3913486.SRDUP, 23.97%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,110 | | | | 1,105 | | | | 1,033 | |
L3913495.SRDUP, 19.89%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 9,109 | | | | 9,066 | | | | 8,879 | |
L3913501.SRDUP, 17.54%, 08/07/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 8,307 | | | | 8,268 | | | | 8,119 | |
L3913509.SRDUP, 20.05%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 18,799 | | | | 18,711 | | | | 18,294 | |
L3913525.SRDUP, 21.45%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,116 | | | | 2,106 | | | | 2,067 | |
L3913536.SRDUP, 20.53%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 8,206 | | | | 8,195 | | | | 7,997 | |
L3913545.SRDUP, 15.12%, 08/16/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 7,011 | | | | 6,979 | | | | 6,855 | |
L3913546.SRDUP, 16.42%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 2,227 | | | | 2,217 | | | | 2,178 | |
L3913562.SRDUP, 15.96%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 25,260 | | | | 25,143 | | | | 24,711 | |
L3913590.SRDUP, 19.91%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 14,668 | | | | 14,599 | | | | 14,330 | |
L3913596.SRDUP, 12.87%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 9,008 | | | | 8,967 | | | | 8,870 | |
L3913597.SRDUP, 20.95%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 16,540 | | | | 16,462 | | | | 16,083 | |
L3913603.SRDUP, 17.94%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,731 | | | | 1,723 | | | | 1,701 | |
L3913773.SRDUP, 23.26%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 1,054 | | | | 1,049 | | | | 1,025 | |
L3913850.SRDUP, 18.65%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 13,253 | | | | 13,191 | | | | 12,951 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
153
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3913938.SRDUP, 21.98%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | $ | 7,368 | | | $ | 7,333 | | | $ | 7,166 | |
L3913978.SRDUP, 23.13%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 3,132 | | | | 3,117 | | | | 3,050 | |
L3914119.SRDUP, 21.20%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 3,050 | | | | 3,036 | | | | 2,980 | |
L3914153.SRDUP, 23.13%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 910 | | | | 905 | | | | 885 | |
L3914229.SRDUP, 23.26%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 3,972 | | | | 3,953 | | | | 3,859 | |
L3914293.SRDUP, 20.60%, 08/04/2028 (a)(p)(s) | | Upstart | | | 8/9/2023 | | | | 1,280 | | | | 1,274 | | | | 1,248 | |
L3914449.SRDUP, 13.16%, 08/04/2026 (a)(s) | | Upstart | | | 8/9/2023 | | | | 973 | | | | 969 | | | | 959 | |
L3914550.SRDUP, 22.82%, 08/04/2028 (a)(s) | | Upstart | | | 8/9/2023 | | | | 923 | | | | 918 | | | | 897 | |
L3954127.SRDUP, 24.88%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 9,035 | | | | 8,990 | | | | 8,397 | |
L3954160.SRDUP, 19.18%, 09/01/2026 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 1,292 | | | | 1,285 | | | | 692 | |
L3954179.SRDUP, 22.25%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 4,207 | | | | 4,187 | | | | 4,086 | |
L3954255.SRDUP, 18.60%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 4,164 | | | | 4,144 | | | | 4,064 | |
L3954299.SRDUP, 23.24%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 10,500 | | | | 10,447 | | | | 1,971 | |
L3954326.SRDUP, 14.70%, 09/01/2026 (a)(s) | | Upstart | | | 9/7/2023 | | | | 1,006 | | | | 1,002 | | | | 981 | |
L3954362.SRDUP, 25.45%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 1,968 | | | | 1,958 | | | | 1,829 | |
L3954367.SRDUP, 14.41%, 09/01/2026 (a)(s) | | Upstart | | | 9/7/2023 | | | | 838 | | | | 834 | | | | 825 | |
L3954373.SRDUP, 25.27%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 5,246 | | | | 5,221 | | | | 4,875 | |
L3954459.SRDUP, 22.46%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 1,753 | | | | 1,745 | | | | 1,701 | |
L3954509.SRDUP, 21.53%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 45,887 | | | | 45,669 | | | | 44,578 | |
L3954554.SRDUP, 17.00%, 09/01/2028 (a)(p)(s) | | Upstart | | | 9/7/2023 | | | | 47,270 | | | | 47,033 | | | | 11,261 | |
L3954555.SRDUP, 13.54%, 09/01/2028 (a)(s) | | Upstart | | | 9/7/2023 | | | | 25,525 | | | | 25,407 | | | | 24,948 | |
L3954788.SRDUP, 13.76%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 456 | | | | 454 | | | | 450 | |
L3955689.SRDUP, 21.83%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,972 | | | | 1,972 | | | | 1,915 | |
L3955810.SRDUP, 16.94%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,943 | | | | 2,930 | | | | 2,872 | |
L3955816.SRDUP, 24.31%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 9,165 | | | | 9,121 | | | | 8,913 | |
L3955821.SRDUP, 15.08%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,206 | | | | 1,201 | | | | 1,188 | |
L3955835.SRDUP, 23.21%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,582 | | | | 1,574 | | | | 1,538 | |
L3955838.SRDUP, 17.72%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 30,837 | | | | 30,692 | | | | 30,144 | |
L3955869.SRDUP, 17.66%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,662 | | | | 1,654 | | | | 1,624 | |
L3955981.SRDUP, 17.11%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 22,591 | | | | 22,485 | | | | 22,086 | |
L3955987.SRDUP, 24.66%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 317 | | | | 315 | | | | 303 | |
L3956012.SRDUP, 21.17%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,515 | | | | 1,508 | | | | 1,483 | |
L3956047.SRDUP, 14.69%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 4,191 | | | | 4,173 | | | | 4,089 | |
L3956096.SRDUP, 11.81%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 27,336 | | | | 27,211 | | | | 26,919 | |
L3956119.SRDUP, 21.42%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 1,694 | | | | 1,685 | | | | 730 | |
L3956164.SRDUP, 17.83%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 14,776 | | | | 14,707 | | | | 14,444 | |
L3956173.SRDUP, 24.39%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,553 | | | | 2,542 | | | | 2,374 | |
L3956198.SRDUP, 24.60%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,310 | | | | 1,304 | | | | 1,273 | |
L3956243.SRDUP, 12.26%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 4,105 | | | | 4,086 | | | | 4,042 | |
L3956264.SRDUP, 22.92%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 25,933 | | | | 25,809 | | | | 25,215 | |
L3956267.SRDUP, 23.84%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 18,388 | | | | 18,301 | | | | 17,129 | |
L3956273.SRDUP, 21.47%, 02/05/2029 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 26,685 | | | | 26,552 | | | | 11,165 | |
L3956281.SRDUP, 10.90%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 45,461 | | | | 45,254 | | | | 44,508 | |
L3956290.SRDUP, 23.28%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 933 | | | | 933 | | | | 907 | |
L3956297.SRDUP, 21.53%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,396 | | | | 1,389 | | | | 1,358 | |
L3956327.SRDUP, 20.43%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 9,661 | | | | 9,615 | | | | 9,436 | |
L3956411.SRDUP, 23.31%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 8,230 | | | | 8,189 | | | | 1,558 | |
L3956412.SRDUP, 20.73%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 10,590 | | | | 10,539 | | | | 10,303 | |
L3956429.SRDUP, 14.24%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 837 | | | | 834 | | | | 825 | |
L3956466.SRDUP, 21.53%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 10,606 | | | | 10,556 | | | | 10,317 | |
L3956484.SRDUP, 15.55%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 6,720 | | | | 6,691 | | | | 6,557 | |
L3956487.SRDUP, 24.37%, 02/05/2029 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 14,259 | | | | 14,188 | | | | 2,685 | |
L3956508.SRDUP, 14.39%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,098 | | | | 1,093 | | | | 1,074 | |
L3956519.SRDUP, 23.18%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,753 | | | | 2,739 | | | | 2,676 | |
L3956684.SRDUP, 25.44%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 4,498 | | | | 4,477 | | | | 4,190 | |
L3956717.SRDUP, 21.62%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 6,514 | | | | 6,483 | | | | 6,336 | |
L3956751.SRDUP, 21.26%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 6,399 | | | | 6,367 | | | | 6,224 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
154
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L3957243.SRDUP, 17.46%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | $ | 7,382 | | | $ | 7,348 | | | $ | 7,266 | |
L3957334.SRDUP, 19.23%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 11,172 | | | | 11,118 | | | | 10,917 | |
L3957528.SRDUP, 16.67%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 46,061 | | | | 45,846 | | | | 45,035 | |
L3957561.SRDUP, 14.62%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 22,011 | | | | 21,909 | | | | 21,670 | |
L3957725.SRDUP, 19.65%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 5,090 | | | | 5,068 | | | | 4,966 | |
L3957863.SRDUP, 20.18%, 09/05/2026 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,106 | | | | 1,102 | | | | 1,082 | |
L3958164.SRDUP, 22.95%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,399 | | | | 1,393 | | | | 1,361 | |
L3958512.SRDUP, 21.73%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 18,615 | | | | 18,526 | | | | 18,106 | |
L3958578.SRDUP, 20.17%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,021 | | | | 1,016 | | | | 994 | |
L3958903.SRDUP, 16.62%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 45,274 | | | | 45,274 | | | | 44,262 | |
L3958982.SRDUP, 21.50%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 37,654 | | | | 37,477 | | | | 36,583 | |
L3959169.SRDUP, 17.84%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 13,845 | | | | 13,780 | | | | 13,490 | |
L3959277.SRDUP, 14.83%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 2,156 | | | | 2,146 | | | | 2,105 | |
L3959333.SRDUP, 23.27%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/11/2023 | | | | 13,608 | | | | 13,539 | | | | 2,536 | |
L3959379.SRDUP, 15.62%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 7,077 | | | | 7,078 | | | | 6,921 | |
L3959963.SRDUP, 22.58%, 09/05/2028 (a)(p)(s) | | Upstart | | | 9/8/2023 | | | | 47,653 | | | | 47,414 | | | | 6,576 | |
L3959969.SRDUP, 24.18%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 1,122 | | | | 1,117 | | | | 1,045 | |
L3960127.SRDUP, 19.07%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 6,203 | | | | 6,174 | | | | 6,042 | |
L3960142.SRDUP, 16.19%, 09/05/2028 (a)(s) | | Upstart | | | 9/8/2023 | | | | 13,782 | | | | 13,718 | | | | 13,476 | |
L3960552.SRDUP, 20.34%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 9,189 | | | | 9,146 | | | | 8,950 | |
L3960794.SRDUP, 20.42%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 46,202 | | | | 45,983 | | | | 44,989 | |
L3960920.SRDUP, 23.62%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 2,055 | | | | 2,045 | | | | 1,999 | |
L3961216.SRDUP, 16.08%, 09/06/2028 (a)(s) | | Upstart | | | 9/11/2023 | | | | 32,202 | | | | 32,052 | | | | 31,495 | |
L4007525.SRDUP, 12.42%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 23,139 | | | | 23,031 | | | | 22,825 | |
L4007982.SRDUP, 20.96%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 11,847 | | | | 11,790 | | | | 11,516 | |
L4008005.SRDUP, 19.80%, 10/15/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,657 | | | | 5,630 | | | | 5,502 | |
L4008044.SRDUP, 15.34%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 8,635 | | | | 8,598 | | | | 8,422 | |
L4008049.SRDUP, 21.83%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 4,331 | | | | 4,311 | | | | 4,205 | |
L4008052.SRDUP, 17.66%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 17,668 | | | | 17,585 | | | | 17,191 | |
L4008092.SRDUP, 12.27%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 30,536 | | | | 30,395 | | | | 30,109 | |
L4008120.SRDUP, 20.29%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,926 | | | | 1,916 | | | | 1,873 | |
L4008129.SRDUP, 22.58%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 19,799 | | | | 19,705 | | | | 19,221 | |
L4008136.SRDUP, 14.69%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 18,546 | | | | 18,459 | | | | 18,118 | |
L4008152.SRDUP, 18.94%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 10,025 | | | | 10,010 | | | | 9,751 | |
L4008179.SRDUP, 17.17%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 14,010 | | | | 13,944 | | | | 13,697 | |
L4008234.SRDUP, 20.38%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 23,422 | | | | 23,310 | | | | 22,772 | |
L4008235.SRDUP, 22.93%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 28,758 | | | | 28,620 | | | | 27,939 | |
L4008262.SRDUP, 17.39%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 9,885 | | | | 9,835 | | | | 9,663 | |
L4008264.SRDUP, 16.33%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 18,651 | | | | 18,563 | | | | 18,237 | |
L4008267.SRDUP, 11.61%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 924 | | | | 920 | | | | 905 | |
L4008279.SRDUP, 16.67%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 13,064 | | | | 13,003 | | | | 12,774 | |
L4008293.SRDUP, 18.32%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 510 | | | | 508 | | | | 498 | |
L4008296.SRDUP, 15.63%, 10/06/2026 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 1,434 | | | | 1,427 | | | | 157 | |
L4008337.SRDUP, 21.04%, 03/06/2029 (a)(s) | | Upstart | | | 10/12/2023 | | | | 15,986 | | | | 15,906 | | | | 15,539 | |
L4008356.SRDUP, 19.19%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,002 | | | | 1,993 | | | | 1,957 | |
L4008357.SRDUP, 22.06%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 23,548 | | | | 23,435 | | | | 22,863 | |
L4008372.SRDUP, 12.35%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,182 | | | | 5,158 | | | | 5,110 | |
L4008374.SRDUP, 18.25%, 10/06/2026 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 1,203 | | | | 1,197 | | | | 320 | |
L4008380.SRDUP, 23.45%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 944 | | | | 940 | | | | 916 | |
L4008385.SRDUP, 14.87%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 4,743 | | | | 4,721 | | | | 4,639 | |
L4008387.SRDUP, 18.96%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,806 | | | | 2,793 | | | | 2,743 | |
L4008395.SRDUP, 24.01%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 15,686 | | | | 15,610 | | | | 15,235 | |
L4008409.SRDUP, 21.11%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 14,107 | | | | 14,039 | | | | 13,700 | |
L4008420.SRDUP, 20.50%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 46,974 | | | | 46,750 | | | | 45,669 | |
L4008451.SRDUP, 17.84%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 8,416 | | | | 8,376 | | | | 8,228 | |
L4008452.SRDUP, 21.33%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 47,040 | | | | 46,816 | | | | 45,680 | |
L4008497.SRDUP, 15.95%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 762 | | | | 758 | | | | 744 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
155
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L4008507.SRDUP, 23.06%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | $ | 4,682 | | | $ | 4,659 | | | $ | 4,529 | |
L4008508.SRDUP, 20.53%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 15,382 | | | | 15,314 | | | | 15,036 | |
L4008533.SRDUP, 20.84%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 4,310 | | | | 4,289 | | | | 4,193 | |
L4008546.SRDUP, 11.15%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,968 | | | | 1,960 | | | | 1,935 | |
L4008561.SRDUP, 22.42%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 2,545 | | | | 2,532 | | | | 2,470 | |
L4008563.SRDUP, 20.43%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 13,648 | | | | 13,583 | | | | 13,272 | |
L4008565.SRDUP, 23.28%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 29,072 | | | | 28,933 | | | | 28,217 | |
L4008571.SRDUP, 22.06%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 47,096 | | | | 46,871 | | | | 45,769 | |
L4008576.SRDUP, 17.03%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 1,307 | | | | 1,301 | | | | 1,278 | |
L4008584.SRDUP, 17.11%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 10,460 | | | | 10,410 | | | | 10,226 | |
L4008601.SRDUP, 19.80%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 3,361 | | | | 3,344 | | | | 338 | |
L4008611.SRDUP, 23.40%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 1,431 | | | | 1,424 | | | | 633 | |
L4008619.SRDUP, 13.75%, 10/21/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 31,003 | | | | 30,959 | | | | 30,567 | |
L4008635.SRDUP, 20.27%, 10/06/2026 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 5,491 | | | | 5,467 | | | | 5,374 | |
L4008662.SRDUP, 20.92%, 03/06/2029 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 2,937 | | | | 2,923 | | | | 2,897 | |
L4008663.SRDUP, 16.96%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 9,429 | | | | 9,387 | | | | 9,196 | |
L4008675.SRDUP, 16.62%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 4,033 | | | | 4,014 | | | | 3,973 | |
L4008676.SRDUP, 13.72%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 12,675 | | | | 12,621 | | | | 12,472 | |
L4008679.SRDUP, 13.51%, 10/18/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 46,580 | | | | 46,514 | | | | 45,570 | |
L4008683.SRDUP, 13.46%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 11,180 | | | | 11,132 | | | | 11,031 | |
L4008684.SRDUP, 19.68%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 23,454 | | | | 23,343 | | | | 22,923 | |
L4008690.SRDUP, 18.54%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 6,345 | | | | 6,318 | | | | 6,257 | |
L4008732.SRDUP, 20.94%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 47,009 | | | | 46,785 | | | | 45,698 | |
L4008742.SRDUP, 19.16%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,333 | | | | 5,308 | | | | 5,191 | |
L4008799.SRDUP, 17.73%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 6,358 | | | | 6,327 | | | | 6,186 | |
L4008802.SRDUP, 14.95%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,731 | | | | 5,702 | | | | 5,600 | |
L4009116.SRDUP, 23.47%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 5,224 | | | | 5,199 | | | | 5,072 | |
L4009372.SRDUP, 11.70%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 32,274 | | | | 32,124 | | | | 31,800 | |
L4009414.SRDUP, 17.39%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,176 | | | | 3,172 | | | | 3,108 | |
L4009582.SRDUP, 23.38%, 10/06/2028 (a)(p)(s) | | Upstart | | | 10/12/2023 | | | | 13,088 | | | | 13,023 | | | | 2,442 | |
L4009689.SRDUP, 19.05%, 10/06/2028 (a)(s) | | Upstart | | | 10/12/2023 | | | | 9,371 | | | | 9,327 | | | | 9,160 | |
L4009738.SRDUP, 12.18%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 29,124 | | | | 28,999 | | | | 28,719 | |
L4009761.SRDUP, 19.74%, 10/06/2026 (a)(s) | | Upstart | | | 10/12/2023 | | | | 872 | | | | 868 | | | | 852 | |
L4009943.SRDUP, 23.02%, 10/15/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 21,387 | | | | 21,285 | | | | 20,797 | |
L4009993.SRDUP, 23.51%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 9,400 | | | | 9,353 | | | | 9,149 | |
L4010071.SRDUP, 20.99%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 15,044 | | | | 14,972 | | | | 14,714 | |
L4010303.SRDUP, 18.89%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,717 | | | | 6,685 | | | | 6,547 | |
L4010402.SRDUP, 23.01%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 1,312 | | | | 1,305 | | | | 1,277 | |
L4010443.SRDUP, 19.61%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 18,761 | | | | 18,672 | | | | 18,271 | |
L4010561.SRDUP, 12.05%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 46,243 | | | | 46,029 | | | | 45,617 | |
L4010910.SRDUP, 20.65%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 46,987 | | | | 46,763 | | | | 45,746 | |
L4011063.SRDUP, 20.63%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 16,881 | | | | 16,800 | | | | 16,448 | |
L4011105.SRDUP, 22.47%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 7,492 | | | | 7,456 | | | | 7,291 | |
L4011139.SRDUP, 15.25%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,792 | | | | 2,779 | | | | 2,733 | |
L4011207.SRDUP, 21.69%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,106 | | | | 1,101 | | | | 1,077 | |
L4011229.SRDUP, 17.78%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,647 | | | | 3,630 | | | | 3,568 | |
L4011256.SRDUP, 22.34%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 18,658 | | | | 18,569 | | | | 18,158 | |
L4011423.SRDUP, 23.22%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 13,178 | | | | 13,113 | | | | 12,810 | |
L4011503.SRDUP, 13.50%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 15,397 | | | | 15,325 | | | | 15,187 | |
L4011511.SRDUP, 22.39%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,003 | | | | 999 | | | | 973 | |
L4011526.SRDUP, 17.51%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 7,009 | | | | 6,976 | | | | 6,859 | |
L4011587.SRDUP, 18.07%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 17,576 | | | | 17,488 | | | | 17,192 | |
L4011938.SRDUP, 12.95%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 45,400 | | | | 45,188 | | | | 44,782 | |
L4012063.SRDUP, 22.95%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,321 | | | | 1,319 | | | | 1,284 | |
L4012074.SRDUP, 16.98%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 22,115 | | | | 22,005 | | | | 2,267 | |
L4012174.SRDUP, 21.99%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,593 | | | | 6,561 | | | | 6,412 | |
L4012203.SRDUP, 15.00%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 10,512 | | | | 10,496 | | | | 10,368 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
156
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 4.6% (continued) | | | | | | | | | | | | | | |
L4012216.SRDUP, 17.96%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | $ | 14,030 | | | $ | 13,964 | | | $ | 13,728 | |
L4012238.SRDUP, 24.00%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 12,661 | | | | 12,601 | | | | 12,316 | |
L4012374.SRDUP, 23.26%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,827 | | | | 2,813 | | | | 2,752 | |
L4012445.SRDUP, 21.66%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,674 | | | | 3,658 | | | | 3,596 | |
L4012462.SRDUP, 19.93%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,692 | | | | 4,669 | | | | 4,572 | |
L4012536.SRDUP, 21.94%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,829 | | | | 2,816 | | | | 2,752 | |
L4012568.SRDUP, 21.56%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 5,484 | | | | 5,456 | | | | 1,433 | |
L4012668.SRDUP, 21.76%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,918 | | | | 2,904 | | | | 2,840 | |
L4012708.SRDUP, 11.54%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 2,569 | | | | 2,566 | | | | 2,526 | |
L4012712.SRDUP, 16.82%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,127 | | | | 5,102 | | | | 5,053 | |
L4012740.SRDUP, 21.32%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 21,142 | | | | 21,041 | | | | 20,675 | |
L4012745.SRDUP, 11.19%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 5,129 | | | | 5,107 | | | | 5,039 | |
L4012802.SRDUP, 14.60%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 17,246 | | | | 17,172 | | | | 17,024 | |
L4012811.SRDUP, 20.16%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,192 | | | | 3,188 | | | | 3,108 | |
L4012858.SRDUP, 19.56%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 1,045 | | | | 1,041 | | | | 1,020 | |
L4012878.SRDUP, 22.72%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 21,217 | | | | 21,115 | | | | 20,631 | |
L4012893.SRDUP, 13.34%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 23,354 | | | | 23,245 | | | | 23,019 | |
L4012899.SRDUP, 14.84%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,181 | | | | 3,166 | | | | 3,113 | |
L4012904.SRDUP, 16.36%, 10/15/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 14,462 | | | | 14,394 | | | | 14,154 | |
L4012951.SRDUP, 20.55%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 10,617 | | | | 10,566 | | | | 10,384 | |
L4012990.SRDUP, 17.92%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 1,218 | | | | 1,212 | | | | 1,192 | |
L4013032.SRDUP, 23.57%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 24,079 | | | | 23,963 | | | | 23,408 | |
L4013165.SRDUP, 15.48%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 14,431 | | | | 14,364 | | | | 14,126 | |
L4013189.SRDUP, 10.70%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,414 | | | | 3,400 | | | | 3,354 | |
L4013214.SRDUP, 22.61%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 6,008 | | | | 5,979 | | | | 5,847 | |
L4013562.SRDUP, 22.93%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,188 | | | | 3,173 | | | | 3,104 | |
L4013573.SRDUP, 15.30%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 13,961 | | | | 13,941 | | | | 13,666 | |
L4013643.SRDUP, 21.61%, 10/10/2028 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 910 | | | | 905 | | | | 885 | |
L4013782.SRDUP, 12.51%, 10/10/2026 (a)(s) | | Upstart | | | 10/13/2023 | | | | 3,420 | | | | 3,405 | | | | 3,374 | |
L4014155.SRDUP, 15.84%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 46,584 | | | | 46,365 | | | | 45,595 | |
L4014639.SRDUP, 11.40%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 15,688 | | | | 15,616 | | | | 15,368 | |
L4014640.SRDUP, 18.86%, 03/10/2027 (a)(p)(s) | | Upstart | | | 10/13/2023 | | | | 25,244 | | | | 25,123 | | | | 24,632 | |
L4014835.SRDUP, 24.03%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 10,383 | | | | 10,367 | | | | 10,099 | |
L4015135.SRDUP, 20.62%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 4,674 | | | | 4,651 | | | | 4,554 | |
L4015484.SRDUP, 15.23%, 10/10/2028 (a)(s) | | Upstart | | | 10/13/2023 | | | | 18,612 | | | | 18,525 | | | | 18,219 | |
L4015653.SRDUP, 24.40%, 10/11/2028 (a)(s) | | Upstart | | | 10/16/2023 | | | | 6,231 | | | | 6,223 | | | | 6,065 | |
L4015659.SRDUP, 23.24%, 10/11/2028 (a)(s) | | Upstart | | | 10/16/2023 | | | | 3,209 | | | | 3,193 | | | | 2,994 | |
| | | | | | | | | | | | | | | | | | |
Total Consumer Loans (Cost $59,802,220) | | | | | | | | 59,802,220 | | | | 54,076,237 | |
| | | | | | | | | | | | | | | | | | |
Small Business Loans - 1.0% | | | | | | | | | | | | | |
| United States - 1.0% | | | | | | | | | | | | | | |
7456256.SRDSQ, 4.65%, 08/01/2025 (a)(s)(u) | | Square | | | 2/5/2024 | | | | 7,906 | | | | 7,390 | | | | 7,524 | |
7456634.SRDSQ, 4.65%, 08/01/2025 (a)(s)(u) | | Square | | | 2/5/2024 | | | | 36,506 | | | | 34,124 | | | | 34,687 | |
7458302.SRDSQ, 4.75%, 08/01/2025 (a)(s)(u) | | Square | | | 2/5/2024 | | | | 2,082 | | | | 1,944 | | | | 1,969 | |
7458396.SRDSQ, 5.57%, 08/01/2025 (a)(s)(u) | | Square | | | 2/5/2024 | | | | 2,730 | | | | 2,519 | | | | 2,574 | |
7458511.SRDSQ, 4.65%, 08/01/2025 (a)(s)(u) | | Square | | | 2/5/2024 | | | | 44,936 | | | | 42,003 | | | | 42,800 | |
7459912.SRDSQ, 4.65%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 3,357 | | | | 3,139 | | | | 3,103 | |
7460109.SRDSQ, 4.66%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 4,524 | | | | 4,228 | | | | 4,307 | |
7460415.SRDSQ, 4.94%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 4,834 | | | | 4,500 | | | | 4,367 | |
7460735.SRDSQ, 5.76%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 4,164 | | | | 3,833 | | | | 3,910 | |
7461024.SRDSQ, 4.94%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 5,723 | | | | 5,328 | | | | 5,454 | |
7461259.SRDSQ, 5.38%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 10,264 | | | | 9,498 | | | | 9,738 | |
7461515.SRDSQ, 6.42%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 1,925 | | | | 1,756 | | | | 1,797 | |
7461547.SRDSQ, 4.75%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 1,243 | | | | 1,161 | | | | 1,183 | |
7461566.SRDSQ, 4.65%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 41,156 | | | | 38,470 | | | | 39,146 | |
7462690.SRDSQ, 4.74%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 557 | | | | 520 | | | | 535 | |
7462706.SRDSQ, 5.38%, 08/02/2025 (a)(s)(u) | | Square | | | 2/6/2024 | | | | 9,994 | | | | 9,248 | | | | 9,287 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
157
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7462746.SRDSQ, 5.19%, 08/03/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | $ | 22,445 | | | $ | 20,824 | | | $ | 19,721 | |
7463109.SRDSQ, 5.37%, 08/03/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 2,009 | | | | 1,859 | | | | 1,889 | |
7463157.SRDSQ, 6.01%, 08/03/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 3,761 | | | | 3,450 | | | | 3,561 | |
7463273.SRDSQ, 5.19%, 08/03/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 23,397 | | | | 21,708 | | | | 20,556 | |
7463633.SRDSQ, 5.76%, 08/04/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 1,361 | | | | 1,253 | | | | 1,267 | |
7463664.SRDSQ, 5.44%, 08/04/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 6,392 | | | | 5,935 | | | | 4,307 | |
7463779.SRDSQ, 5.45%, 08/04/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 1,591 | | | | 1,471 | | | | 1,378 | |
7463809.SRDSQ, 4.65%, 08/04/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 8,383 | | | | 7,836 | | | | 7,960 | |
7463988.SRDSQ, 6.16%, 08/04/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 1,356 | | | | 1,242 | | | | 1,294 | |
7464053.SRDSQ, 4.66%, 08/04/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 5,247 | | | | 4,904 | | | | 4,983 | |
7464138.SRDSQ, 6.42%, 08/04/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 3,469 | | | | 3,165 | | | | 3,313 | |
7464238.SRDSQ, 4.65%, 08/04/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 6,306 | | | | 5,895 | | | | 5,984 | |
7464856.SRDSQ, 5.38%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 5,003 | | | | 4,629 | | | | 4,745 | |
7464962.SRDSQ, 6.45%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 55 | | | | 51 | | | | 53 | |
7464974.SRDSQ, 5.19%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 2,541 | | | | 2,357 | | | | 2,237 | |
7465037.SRDSQ, 6.17%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 942 | | | | 862 | | | | 899 | |
7465161.SRDSQ, 5.38%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 8,234 | | | | 7,620 | | | | 7,833 | |
7465770.SRDSQ, 6.41%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 4,126 | | | | 3,764 | | | | 3,943 | |
7466299.SRDSQ, 5.38%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 28,144 | | | | 26,043 | | | | 24,356 | |
7466977.SRDSQ, 5.45%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 3,131 | | | | 2,894 | | | | 2,117 | |
7467035.SRDSQ, 6.01%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 613 | | | | 562 | | | | 581 | |
7467054.SRDSQ, 4.75%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 345 | | | | 322 | | | | 335 | |
7467066.SRDSQ, 4.65%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 7,381 | | | | 6,899 | | | | 6,827 | |
7467209.SRDSQ, 4.65%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 30,295 | | | | 28,318 | | | | 28,770 | |
7468103.SRDSQ, 5.57%, 08/05/2025 (a)(s)(u) | | Square | | | 2/7/2024 | | | | 20,581 | | | | 18,995 | | | | 19,558 | |
7468505.SRDSQ, 4.65%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 6,645 | | | | 6,212 | | | | 6,147 | |
7468647.SRDSQ, 5.56%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 3,463 | | | | 3,196 | | | | 3,278 | |
7468752.SRDSQ, 5.56%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 1,400 | | | | 1,292 | | | | 1,325 | |
7468793.SRDSQ, 5.57%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 3,293 | | | | 3,039 | | | | 3,128 | |
7468917.SRDSQ, 5.75%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 12,962 | | | | 11,932 | | | | 12,337 | |
7469758.SRDSQ, 5.37%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 1,319 | | | | 1,220 | | | | 1,254 | |
7469808.SRDSQ, 4.94%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 17,262 | | | | 16,071 | | | | 16,291 | |
7470476.SRDSQ, 6.00%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 1,828 | | | | 1,678 | | | | 1,685 | |
7470511.SRDSQ, 5.38%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 14,582 | | | | 13,494 | | | | 13,778 | |
7471096.SRDSQ, 5.19%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 24,785 | | | | 22,995 | | | | 21,831 | |
7471432.SRDSQ, 5.57%, 08/06/2025 (a)(s)(u) | | Square | | | 2/8/2024 | | | | 1,156 | | | | 1,067 | | | | 1,098 | |
7471651.SRDSQ, 4.94%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 14,328 | | | | 13,340 | | | | 13,518 | |
7472065.SRDSQ, 5.43%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 945 | | | | 873 | | | | 643 | |
7472099.SRDSQ, 6.00%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 4,125 | | | | 3,784 | | | | 3,894 | |
7472346.SRDSQ, 5.19%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 13,754 | | | | 12,760 | | | | 13,057 | |
7472802.SRDSQ, 5.57%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 3,314 | | | | 3,059 | | | | 3,165 | |
7472943.SRDSQ, 5.19%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 10,790 | | | | 10,011 | | | | 9,512 | |
7473094.SRDSQ, 4.65%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 4,023 | | | | 3,761 | | | | 3,829 | |
7473152.SRDSQ, 5.44%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 1,374 | | | | 1,270 | | | | 1,247 | |
7473198.SRDSQ, 5.44%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 9,247 | | | | 8,549 | | | | 8,034 | |
7473323.SRDSQ, 5.19%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 6,872 | | | | 6,376 | | | | 6,523 | |
7473445.SRDSQ, 4.96%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 819 | | | | 762 | | | | 769 | |
7473471.SRDSQ, 5.58%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 2,487 | | | | 2,295 | | | | 2,343 | |
7473584.SRDSQ, 6.17%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 1,489 | | | | 1,363 | | | | 1,396 | |
7473615.SRDSQ, 4.65%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 52,932 | | | | 49,478 | | | | 50,338 | |
7474339.SRDSQ, 6.01%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 8,173 | | | | 7,497 | | | | 7,709 | |
7474514.SRDSQ, 5.19%, 08/07/2025 (a)(s)(u) | | Square | | | 2/9/2024 | | | | 20,932 | | | | 19,420 | | | | 19,816 | |
7476704.SRDSQ, 6.01%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 16,785 | | | | 15,397 | | | | 15,825 | |
7477032.SRDSQ, 4.65%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 1,325 | | | | 1,238 | | | | 1,257 | |
7477074.SRDSQ, 4.77%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 404 | | | | 377 | | | | 388 | |
7477109.SRDSQ, 5.18%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 4,126 | | | | 3,828 | | | | 3,850 | |
7477239.SRDSQ, 6.00%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 1,929 | | | | 1,770 | | | | 1,833 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
158
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7477355.SRDSQ, 5.57%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | $ | 28,389 | | | $ | 26,201 | | | $ | 26,946 | |
7478325.SRDSQ, 5.76%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 5,605 | | | | 5,159 | | | | 4,646 | |
7478421.SRDSQ, 5.42%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 234 | | | | 216 | | | | 226 | |
7478431.SRDSQ, 5.75%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 2,602 | | | | 2,396 | | | | 2,442 | |
7478467.SRDSQ, 5.44%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 1,766 | | | | 1,632 | | | | 1,651 | |
7478506.SRDSQ, 4.94%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 53,214 | | | | 49,545 | | | | 50,178 | |
7479459.SRDSQ, 4.94%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 7,971 | | | | 7,422 | | | | 7,599 | |
7479737.SRDSQ, 6.01%, 08/08/2025 (a)(s)(u) | | Square | | | 2/12/2024 | | | | 20,099 | | | | 18,438 | | | | 18,951 | |
7480091.SRDSQ, 4.65%, 08/09/2025 (a)(s)(u) | | Square | | | 2/13/2024 | | | | 67,316 | | | | 62,923 | | | | 63,654 | |
7482071.SRDSQ, 6.25%, 08/09/2025 (a)(s)(u) | | Square | | | 2/13/2024 | | | | 786 | | | | 718 | | | | 745 | |
7482117.SRDSQ, 5.75%, 08/09/2025 (a)(s)(u) | | Square | | | 2/13/2024 | | | | 21,999 | | | | 20,251 | | | | 20,848 | |
7482788.SRDSQ, 4.72%, 08/09/2025 (a)(s)(u) | | Square | | | 2/13/2024 | | | | 637 | | | | 595 | | | | 573 | |
7482825.SRDSQ, 5.38%, 08/09/2025 (a)(s)(u) | | Square | | | 2/13/2024 | | | | 3,237 | | | | 2,995 | | | | 3,089 | |
7482974.SRDSQ, 5.19%, 08/09/2025 (a)(s)(u) | | Square | | | 2/13/2024 | | | | 4,528 | | | | 4,201 | | | | 4,314 | |
7483157.SRDSQ, 6.01%, 08/09/2025 (a)(s)(u) | | Square | | | 2/13/2024 | | | | 884 | | | | 811 | | | | 839 | |
7483189.SRDSQ, 4.65%, 08/10/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 1,994 | | | | 1,863 | | | | 1,896 | |
7483217.SRDSQ, 5.76%, 08/10/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 14,837 | | | | 13,658 | | | | 12,332 | |
7483417.SRDSQ, 5.38%, 08/10/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 21,165 | | | | 19,585 | | | | 20,027 | |
7483747.SRDSQ, 4.75%, 08/10/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 7,155 | | | | 6,679 | | | | 6,759 | |
7483891.SRDSQ, 6.01%, 08/10/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 779 | | | | 715 | | | | 742 | |
7483910.SRDSQ, 6.26%, 08/10/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 4,265 | | | | 3,899 | | | | 3,822 | |
7483976.SRDSQ, 6.44%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 647 | | | | 590 | | | | 614 | |
7483987.SRDSQ, 5.77%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 822 | | | | 756 | | | | 776 | |
7484030.SRDSQ, 5.47%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 533 | | | | 492 | | | | 511 | |
7484041.SRDSQ, 5.37%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 2,752 | | | | 2,547 | | | | 2,554 | |
7484080.SRDSQ, 4.75%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 7,181 | | | | 6,703 | | | | 6,648 | |
7484215.SRDSQ, 4.94%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 9,124 | | | | 8,494 | | | | 8,569 | |
7484354.SRDSQ, 4.94%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 6,969 | | | | 6,489 | | | | 6,593 | |
7484468.SRDSQ, 6.42%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 696 | | | | 635 | | | | 664 | |
7484494.SRDSQ, 4.94%, 08/11/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 23,280 | | | | 21,675 | | | | 21,865 | |
7485040.SRDSQ, 5.76%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 1,306 | | | | 1,202 | | | | 1,244 | |
7485077.SRDSQ, 5.44%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 5,608 | | | | 5,185 | | | | 5,153 | |
7485417.SRDSQ, 4.65%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 5,341 | | | | 4,993 | | | | 5,068 | |
7485677.SRDSQ, 5.19%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 1,016 | | | | 943 | | | | 969 | |
7485793.SRDSQ, 5.79%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 614 | | | | 565 | | | | 578 | |
7485961.SRDSQ, 6.40%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 895 | | | | 816 | | | | 829 | |
7485972.SRDSQ, 4.94%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 6,980 | | | | 6,499 | | | | 6,605 | |
7486224.SRDSQ, 6.16%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 11,036 | | | | 10,102 | | | | 8,014 | |
7486516.SRDSQ, 6.16%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 1,923 | | | | 1,760 | | | | 1,830 | |
7486633.SRDSQ, 5.38%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 6,882 | | | | 6,368 | | | | 6,500 | |
7486696.SRDSQ, 5.75%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 71,273 | | | | 65,610 | | | | 67,107 | |
7487991.SRDSQ, 5.38%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 1,776 | | | | 1,643 | | | | 1,669 | |
7488086.SRDSQ, 5.58%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 1,219 | | | | 1,124 | | | | 1,152 | |
7488120.SRDSQ, 4.75%, 08/12/2025 (a)(s)(u) | | Square | | | 2/14/2024 | | | | 1,243 | | | | 1,160 | | | | 1,040 | |
7488383.SRDSQ, 5.99%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 1,452 | | | | 1,333 | | | | 1,311 | |
7488433.SRDSQ, 4.65%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 9,677 | | | | 9,046 | | | | 9,184 | |
7488682.SRDSQ, 4.65%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 11,048 | | | | 10,327 | | | | 10,446 | |
7489077.SRDSQ, 5.76%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 1,462 | | | | 1,346 | | | | 1,380 | |
7489154.SRDSQ, 5.22%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 893 | | | | 828 | | | | 841 | |
7489171.SRDSQ, 6.16%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 3,275 | | | | 2,998 | | | | 3,060 | |
7489318.SRDSQ, 4.78%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 438 | | | | 408 | | | | 405 | |
7489355.SRDSQ, 4.94%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 5,755 | | | | 5,358 | | | | 5,457 | |
7489670.SRDSQ, 4.94%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 2,299 | | | | 2,140 | | | | 2,191 | |
7489843.SRDSQ, 5.19%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 7,974 | | | | 7,398 | | | | 7,586 | |
7490124.SRDSQ, 5.19%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 64,493 | | | | 59,836 | | | | 60,763 | |
7491315.SRDSQ, 4.66%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 8,501 | | | | 7,946 | | | | 8,056 | |
7491541.SRDSQ, 6.41%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 2,008 | | | | 1,832 | | | | 1,876 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
159
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7491593.SRDSQ, 5.57%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | $ | 5,981 | | | $ | 5,521 | | | $ | 5,656 | |
7491671.SRDSQ, 4.93%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 3,738 | | | | 3,481 | | | | 3,545 | |
7491733.SRDSQ, 5.76%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 5,177 | | | | 4,766 | | | | 4,887 | |
7491923.SRDSQ, 5.45%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 559 | | | | 516 | | | | 541 | |
7491984.SRDSQ, 5.75%, 08/13/2025 (a)(s)(u) | | Square | | | 2/15/2024 | | | | 3,332 | | | | 3,068 | | | | 3,137 | |
7492057.SRDSQ, 4.73%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 570 | | | | 532 | | | | 548 | |
7492092.SRDSQ, 4.94%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 13,878 | | | | 12,921 | | | | 12,596 | |
7492451.SRDSQ, 5.77%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 1,195 | | | | 1,100 | | | | 1,125 | |
7492489.SRDSQ, 5.57%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 3,675 | | | | 3,392 | | | | 3,515 | |
7492764.SRDSQ, 6.25%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 6,894 | | | | 6,303 | | | | 6,488 | |
7493051.SRDSQ, 5.39%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 1,553 | | | | 1,437 | | | | 1,440 | |
7493125.SRDSQ, 4.66%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 7,010 | | | | 6,552 | | | | 6,662 | |
7493402.SRDSQ, 4.94%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 6,215 | | | | 5,786 | | | | 5,855 | |
7493515.SRDSQ, 4.76%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 1,478 | | | | 1,379 | | | | 976 | |
7493542.SRDSQ, 4.74%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 1,074 | | | | 1,003 | | | | 1,032 | |
7493600.SRDSQ, 6.01%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 24,750 | | | | 22,704 | | | | 23,313 | |
7494196.SRDSQ, 6.01%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 1,535 | | | | 1,408 | | | | 1,446 | |
7494228.SRDSQ, 5.57%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 7,518 | | | | 6,939 | | | | 7,107 | |
7494334.SRDSQ, 6.02%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 874 | | | | 802 | | | | 816 | |
7494355.SRDSQ, 5.57%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 35,142 | | | | 32,435 | | | | 33,221 | |
7495476.SRDSQ, 4.94%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 5,430 | | | | 5,055 | | | | 5,136 | |
7495703.SRDSQ, 4.65%, 08/14/2025 (a)(s)(u) | | Square | | | 2/16/2024 | | | | 4,181 | | | | 3,908 | | | | 3,967 | |
7500137.SRDSQ, 6.42%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 21,815 | | | | 19,900 | | | | 20,473 | |
7500667.SRDSQ, 6.40%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 914 | | | | 834 | | | | 698 | |
7500685.SRDSQ, 5.75%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 6,112 | | | | 5,626 | | | | 5,763 | |
7500843.SRDSQ, 6.16%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 1,112 | | | | 1,018 | | | | 1,057 | |
7500903.SRDSQ, 5.74%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 626 | | | | 576 | | | | 598 | |
7500971.SRDSQ, 5.38%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 29,066 | | | | 26,897 | | | | 27,287 | |
7501936.SRDSQ, 5.47%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 409 | | | | 378 | | | | 394 | |
7501973.SRDSQ, 5.76%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 2,778 | | | | 2,557 | | | | 2,323 | |
7502026.SRDSQ, 6.17%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 2,261 | | | | 2,069 | | | | 2,088 | |
7502056.SRDSQ, 6.01%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 14,187 | | | | 13,014 | | | | 11,495 | |
7502353.SRDSQ, 5.38%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 30,450 | | | | 28,177 | | | | 28,585 | |
7502828.SRDSQ, 5.76%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 2,401 | | | | 2,210 | | | | 2,210 | |
7502888.SRDSQ, 5.19%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 7,770 | | | | 7,209 | | | | 7,378 | |
7503072.SRDSQ, 6.17%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 981 | | | | 898 | | | | 921 | |
7503096.SRDSQ, 5.38%, 08/15/2025 (a)(s)(u) | | Square | | | 2/20/2024 | | | | 51,207 | | | | 47,385 | | | | 48,778 | |
7504535.SRDSQ, 6.01%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 10,802 | | | | 9,909 | | | | 10,165 | |
7505444.SRDSQ, 5.38%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 10,073 | | | | 9,321 | | | | 9,345 | |
7505939.SRDSQ, 5.38%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 11,915 | | | | 11,026 | | | | 11,301 | |
7506413.SRDSQ, 6.26%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 8,592 | | | | 7,854 | | | | 7,982 | |
7506644.SRDSQ, 5.38%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 31,766 | | | | 29,395 | | | | 27,732 | |
7507106.SRDSQ, 4.65%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 1,838 | | | | 1,718 | | | | 1,737 | |
7507135.SRDSQ, 5.38%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 48,251 | | | | 44,649 | | | | 42,122 | |
7507907.SRDSQ, 4.75%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 3,592 | | | | 3,353 | | | | 3,029 | |
7507928.SRDSQ, 6.00%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 2,046 | | | | 1,877 | | | | 1,660 | |
7507951.SRDSQ, 5.19%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 9,461 | | | | 8,777 | | | | 8,961 | |
7508069.SRDSQ, 5.75%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 25,916 | | | | 23,857 | | | | 21,706 | |
7508638.SRDSQ, 6.27%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 1,228 | | | | 1,122 | | | | 1,140 | |
7508672.SRDSQ, 5.43%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 780 | | | | 722 | | | | 729 | |
7508696.SRDSQ, 5.19%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 2,687 | | | | 2,493 | | | | 2,551 | |
7508761.SRDSQ, 6.01%, 08/16/2025 (a)(s)(u) | | Square | | | 2/21/2024 | | | | 12,606 | | | | 11,564 | | | | 11,965 | |
7508897.SRDSQ, 4.94%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 8,377 | | | | 7,799 | | | | 7,856 | |
7509041.SRDSQ, 5.56%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,668 | | | | 1,540 | | | | 1,586 | |
7509076.SRDSQ, 5.39%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,241 | | | | 1,148 | | | | 1,164 | |
7509100.SRDSQ, 5.38%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 16,876 | | | | 15,616 | | | | 15,960 | |
7509419.SRDSQ, 6.41%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,986 | | | | 1,812 | | | | 1,524 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
160
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7509496.SRDSQ, 6.00%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | $ | 2,605 | | | $ | 2,390 | | | $ | 2,458 | |
7509561.SRDSQ, 5.38%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 10,818 | | | | 10,011 | | | | 10,302 | |
7509830.SRDSQ, 5.38%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,609 | | | | 1,489 | | | | 1,493 | |
7509849.SRDSQ, 5.19%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 4,515 | | | | 4,189 | | | | 4,246 | |
7509914.SRDSQ, 5.56%, 08/17/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 16,354 | | | | 15,094 | | | | 15,445 | |
7510168.SRDSQ, 5.76%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,420 | | | | 1,307 | | | | 1,345 | |
7510206.SRDSQ, 5.19%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 14,865 | | | | 13,791 | | | | 14,068 | |
7510457.SRDSQ, 4.65%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 24,233 | | | | 22,651 | | | | 22,996 | |
7510845.SRDSQ, 4.74%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 345 | | | | 322 | | | | 332 | |
7510855.SRDSQ, 4.74%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,278 | | | | 1,193 | | | | 1,236 | |
7510884.SRDSQ, 6.01%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,933 | | | | 1,773 | | | | 1,821 | |
7510916.SRDSQ, 5.76%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 3,989 | | | | 3,672 | | | | 3,673 | |
7510978.SRDSQ, 5.37%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 3,284 | | | | 3,039 | | | | 3,098 | |
7511035.SRDSQ, 4.72%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 739 | | | | 691 | | | | 687 | |
7511051.SRDSQ, 6.02%, 08/18/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,783 | | | | 1,635 | | | | 1,676 | |
7511086.SRDSQ, 5.44%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 820 | | | | 758 | | | | 781 | |
7511112.SRDSQ, 6.41%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 3,137 | | | | 2,862 | | | | 2,809 | |
7511171.SRDSQ, 5.38%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 3,049 | | | | 2,821 | | | | 2,859 | |
7511219.SRDSQ, 5.38%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 3,295 | | | | 3,049 | | | | 3,089 | |
7511286.SRDSQ, 5.38%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,816 | | | | 1,681 | | | | 1,716 | |
7511327.SRDSQ, 5.57%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 5,057 | | | | 4,675 | | | | 4,832 | |
7511508.SRDSQ, 5.37%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,517 | | | | 1,404 | | | | 1,445 | |
7511562.SRDSQ, 5.38%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 50,046 | | | | 46,311 | | | | 46,925 | |
7512128.SRDSQ, 5.44%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 10,175 | | | | 9,407 | | | | 9,640 | |
7512299.SRDSQ, 4.94%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 4,163 | | | | 3,876 | | | | 3,960 | |
7512378.SRDSQ, 4.66%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 10,121 | | | | 9,460 | | | | 9,593 | |
7512517.SRDSQ, 6.26%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,928 | | | | 1,762 | | | | 1,779 | |
7512532.SRDSQ, 5.19%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 3,394 | | | | 3,149 | | | | 3,009 | |
7512582.SRDSQ, 5.37%, 08/19/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,390 | | | | 1,286 | | | | 1,324 | |
7512618.SRDSQ, 5.56%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 1,429 | | | | 1,319 | | | | 1,336 | |
7512792.SRDSQ, 4.94%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 2,333 | | | | 2,172 | | | | 2,217 | |
7512813.SRDSQ, 5.46%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 617 | | | | 571 | | | | 588 | |
7512822.SRDSQ, 6.01%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 4,270 | | | | 3,917 | | | | 4,014 | |
7512886.SRDSQ, 5.75%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 5,363 | | | | 4,937 | | | | 4,985 | |
7512943.SRDSQ, 5.38%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 7,354 | | | | 6,805 | | | | 7,016 | |
7513046.SRDSQ, 5.57%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 16,839 | | | | 15,542 | | | | 15,962 | |
7513826.SRDSQ, 5.58%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 2,437 | | | | 2,249 | | | | 2,308 | |
7513883.SRDSQ, 5.18%, 08/20/2025 (a)(s)(p)(u) | | Square | | | 2/22/2024 | | | | 3,210 | | | | 2,979 | | | | 2,848 | |
7513936.SRDSQ, 6.26%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 4,335 | | | | 3,963 | | | | 4,028 | |
7514012.SRDSQ, 5.19%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 20,447 | | | | 18,970 | | | | 19,221 | |
7514363.SRDSQ, 4.65%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 2,601 | | | | 2,431 | | | | 2,469 | |
7514391.SRDSQ, 5.38%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 9,990 | | | | 9,244 | | | | 9,436 | |
7514590.SRDSQ, 6.26%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 5,891 | | | | 5,386 | | | | 5,586 | |
7514691.SRDSQ, 5.57%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 2,670 | | | | 2,464 | | | | 2,545 | |
7514758.SRDSQ, 5.57%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 4,146 | | | | 3,826 | | | | 3,961 | |
7514854.SRDSQ, 5.38%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 68,037 | | | | 62,959 | | | | 63,217 | |
7515825.SRDSQ, 4.94%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 16,688 | | | | 15,538 | | | | 15,852 | |
7516206.SRDSQ, 4.94%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 11,803 | | | | 10,989 | | | | 11,160 | |
7516401.SRDSQ, 4.65%, 08/20/2025 (a)(s)(u) | | Square | | | 2/22/2024 | | | | 4,678 | | | | 4,373 | | | | 4,428 | |
7516548.SRDSQ, 6.16%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 16,683 | | | | 15,271 | | | | 15,440 | |
7516781.SRDSQ, 4.94%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 3,659 | | | | 3,406 | | | | 3,444 | |
7516885.SRDSQ, 5.19%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 23,371 | | | | 21,684 | | | | 22,183 | |
7517662.SRDSQ, 5.75%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 2,887 | | | | 2,657 | | | | 2,747 | |
7517776.SRDSQ, 5.57%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 7,014 | | | | 6,473 | | | | 6,648 | |
7517980.SRDSQ, 5.56%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 3,475 | | | | 3,207 | | | | 3,281 | |
7518060.SRDSQ, 5.57%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 26,168 | | | | 24,152 | | | | 24,452 | |
7518462.SRDSQ, 5.19%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 30,498 | | | | 28,296 | | | | 28,807 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
161
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7519107.SRDSQ, 5.19%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | $ | 6,990 | | | $ | 6,485 | | | $ | 6,602 | |
7519232.SRDSQ, 5.56%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 5,447 | | | | 5,028 | | | | 5,031 | |
7519317.SRDSQ, 5.38%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 13,934 | | | | 12,894 | | | | 13,056 | |
7519485.SRDSQ, 5.37%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 2,044 | | | | 1,892 | | | | 1,931 | |
7519508.SRDSQ, 4.65%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 8,630 | | | | 8,066 | | | | 8,198 | |
7519639.SRDSQ, 5.38%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 12,185 | | | | 11,275 | | | | 11,326 | |
7519867.SRDSQ, 5.19%, 08/21/2025 (a)(s)(u) | | Square | | | 2/23/2024 | | | | 4,494 | | | | 4,169 | | | | 4,270 | |
7521819.SRDSQ, 4.65%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 8,737 | | | | 8,167 | | | | 8,297 | |
7522260.SRDSQ, 5.38%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 15,778 | | | | 14,600 | | | | 14,658 | |
7522963.SRDSQ, 5.37%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 1,915 | | | | 1,772 | | | | 1,820 | |
7523204.SRDSQ, 6.25%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 968 | | | | 884 | | | | 916 | |
7523277.SRDSQ, 6.25%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 1,695 | | | | 1,550 | | | | 1,525 | |
7523305.SRDSQ, 4.65%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 16,272 | | | | 15,210 | | | | 15,435 | |
7523982.SRDSQ, 5.38%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 2,461 | | | | 2,278 | | | | 2,326 | |
7524042.SRDSQ, 4.65%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 45,476 | | | | 42,508 | | | | 43,089 | |
7524737.SRDSQ, 5.57%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 11,547 | | | | 10,657 | | | | 9,897 | |
7524965.SRDSQ, 5.38%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 37,877 | | | | 35,050 | | | | 35,747 | |
7525614.SRDSQ, 5.19%, 08/22/2025 (a)(s)(u) | | Square | | | 2/26/2024 | | | | 16,841 | | | | 15,625 | | | | 16,036 | |
7526117.SRDSQ, 6.16%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 2,462 | | | | 2,254 | | | | 2,334 | |
7526307.SRDSQ, 5.18%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 3,576 | | | | 3,318 | | | | 3,357 | |
7526434.SRDSQ, 6.01%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 1,652 | | | | 1,515 | | | | 1,501 | |
7526466.SRDSQ, 4.65%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 23,773 | | | | 22,222 | | | | 22,452 | |
7527403.SRDSQ, 5.36%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 1,249 | | | | 1,156 | | | | 1,186 | |
7527476.SRDSQ, 6.01%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 8,537 | | | | 7,831 | | | | 8,110 | |
7527866.SRDSQ, 6.26%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 31,990 | | | | 29,245 | | | | 29,517 | |
7528455.SRDSQ, 4.94%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 1,579 | | | | 1,470 | | | | 1,502 | |
7528616.SRDSQ, 6.26%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 1,538 | | | | 1,406 | | | | 1,419 | |
7528637.SRDSQ, 4.66%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 7,220 | | | | 6,749 | | | | 6,830 | |
7528762.SRDSQ, 4.93%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 2,376 | | | | 2,213 | | | | 2,249 | |
7528861.SRDSQ, 4.65%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 19,050 | | | | 17,807 | | | | 18,020 | |
7529324.SRDSQ, 5.19%, 08/23/2025 (a)(s)(u) | | Square | | | 2/27/2024 | | | | 19,759 | | | | 18,332 | | | | 18,654 | |
7529714.SRDSQ, 4.93%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 2,320 | | | | 2,160 | | | | 2,181 | |
7529740.SRDSQ, 5.38%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 2,670 | | | | 2,471 | | | | 2,523 | |
7529772.SRDSQ, 4.65%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 2,902 | | | | 2,713 | | | | 2,749 | |
7529815.SRDSQ, 5.56%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 2,739 | | | | 2,528 | | | | 2,584 | |
7529860.SRDSQ, 4.93%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 3,380 | | | | 3,147 | | | | 3,167 | |
7529897.SRDSQ, 6.41%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 4,855 | | | | 4,429 | | | | 4,458 | |
7529964.SRDSQ, 4.94%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 4,142 | | | | 3,856 | | | | 3,931 | |
7530028.SRDSQ, 5.38%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 7,996 | | | | 7,399 | | | | 7,542 | |
7530158.SRDSQ, 4.65%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 3,155 | | | | 2,949 | | | | 2,995 | |
7530205.SRDSQ, 4.97%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 906 | | | | 844 | | | | 856 | |
7530219.SRDSQ, 4.94%, 08/24/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 4,980 | | | | 4,636 | | | | 4,532 | |
7530288.SRDSQ, 6.41%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 2,754 | | | | 2,512 | | | | 2,595 | |
7530350.SRDSQ, 4.94%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 7,710 | | | | 7,178 | | | | 7,225 | |
7530439.SRDSQ, 4.65%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 13,108 | | | | 12,253 | | | | 12,445 | |
7530666.SRDSQ, 5.19%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 5,294 | | | | 4,912 | | | | 5,040 | |
7530827.SRDSQ, 4.95%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 1,294 | | | | 1,205 | | | | 1,228 | |
7530841.SRDSQ, 4.65%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 6,058 | | | | 5,663 | | | | 5,752 | |
7530935.SRDSQ, 4.93%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 9,033 | | | | 8,411 | | | | 8,535 | |
7531094.SRDSQ, 5.57%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 6,640 | | | | 6,129 | | | | 5,712 | |
7531195.SRDSQ, 5.77%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 663 | | | | 610 | | | | 626 | |
7531204.SRDSQ, 6.25%, 08/25/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 4,857 | | | | 4,440 | | | | 4,564 | |
7531582.SRDSQ, 5.38%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 5,843 | | | | 5,407 | | | | 5,137 | |
7531718.SRDSQ, 6.26%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 4,134 | | | | 3,779 | | | | 3,917 | |
7531993.SRDSQ, 4.94%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 9,714 | | | | 9,044 | | | | 9,230 | |
7532465.SRDSQ, 5.19%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 5,485 | | | | 5,089 | | | | 5,177 | |
7532758.SRDSQ, 4.65%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 5,912 | | | | 5,526 | | | | 5,603 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
162
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7532940.SRDSQ, 4.65%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | $ | 8,333 | | | $ | 7,789 | | | $ | 7,893 | |
7533182.SRDSQ, 5.57%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 9,843 | | | | 9,084 | | | | 8,479 | |
7533439.SRDSQ, 5.75%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 5,168 | | | | 4,758 | | | | 4,861 | |
7533548.SRDSQ, 4.74%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 3,108 | | | | 2,901 | | | | 2,175 | |
7533596.SRDSQ, 4.65%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 28,033 | | | | 26,204 | | | | 26,589 | |
7534130.SRDSQ, 5.18%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 2,543 | | | | 2,360 | | | | 2,412 | |
7534184.SRDSQ, 4.76%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 2,293 | | | | 2,141 | | | | 1,965 | |
7534202.SRDSQ, 5.44%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 3,077 | | | | 2,845 | | | | 2,940 | |
7534256.SRDSQ, 4.94%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 9,396 | | | | 8,748 | | | | 8,560 | |
7534389.SRDSQ, 5.38%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 10,792 | | | | 9,986 | | | | 10,266 | |
7534624.SRDSQ, 5.76%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 2,186 | | | | 2,012 | | | | 2,063 | |
7534678.SRDSQ, 6.01%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 5,511 | | | | 5,055 | | | | 4,532 | |
7534818.SRDSQ, 6.26%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 1,142 | | | | 1,044 | | | | 1,076 | |
7534850.SRDSQ, 5.38%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 33,334 | | | | 30,846 | | | | 30,998 | |
7535433.SRDSQ, 4.65%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 13,010 | | | | 12,161 | | | | 12,323 | |
7535674.SRDSQ, 5.19%, 08/26/2025 (a)(s)(u) | | Square | | | 2/28/2024 | | | | 6,034 | | | | 5,599 | | | | 5,744 | |
7535801.SRDSQ, 5.56%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 5,105 | | | | 4,711 | | | | 4,813 | |
7535948.SRDSQ, 6.15%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 1,645 | | | | 1,506 | | | | 1,524 | |
7535993.SRDSQ, 5.74%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 1,909 | | | | 1,758 | | | | 1,622 | |
7536025.SRDSQ, 4.65%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 93,110 | | | | 87,034 | | | | 88,161 | |
7538526.SRDSQ, 5.19%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 6,396 | | | | 5,934 | | | | 6,034 | |
7538615.SRDSQ, 4.65%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 9,088 | | | | 8,495 | | | | 8,608 | |
7538775.SRDSQ, 5.57%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 7,847 | | | | 7,242 | | | | 7,399 | |
7538969.SRDSQ, 4.94%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 10,908 | | | | 10,156 | | | | 10,348 | |
7539168.SRDSQ, 5.19%, 08/27/2025 (a)(s)(u) | | Square | | | 2/29/2024 | | | | 36,014 | | | | 33,413 | | | | 34,123 | |
7541876.SRDSQ, 4.94%, 08/28/2025 (a)(s)(u) | | Square | | | 3/1/2024 | | | | 182,233 | | | | 169,669 | | | | 172,843 | |
7541935.SRDSQ, 4.65%, 08/28/2025 (a)(s)(u) | | Square | | | 3/1/2024 | | | | 94,693 | | | | 88,514 | | | | 89,657 | |
7548062.SRDSQ, 5.57%, 08/29/2025 (a)(s)(u) | | Square | | | 3/4/2024 | | | | 110,728 | | | | 102,195 | | | | 95,638 | |
7548200.SRDSQ, 6.41%, 08/29/2025 (a)(s)(u) | | Square | | | 3/4/2024 | | | | 93,430 | | | | 85,229 | | | | 85,944 | |
7548720.SRDSQ, 5.19%, 08/29/2025 (a)(s)(u) | | Square | | | 3/4/2024 | | | | 123,296 | | | | 114,393 | | | | 116,481 | |
7549877.SRDSQ, 4.94%, 08/29/2025 (a)(s)(u) | | Square | | | 3/4/2024 | | | | 221,122 | | | | 205,876 | | | | 207,698 | |
7552525.SRDSQ, 5.19%, 09/01/2025 (a)(s)(u) | | Square | | | 3/5/2024 | | | | 170,438 | | | | 158,130 | | | | 160,975 | |
7552880.SRDSQ, 4.65%, 09/01/2025 (a)(s)(u) | | Square | | | 3/5/2024 | | | | 239,440 | | | | 223,815 | | | | 226,266 | |
7558824.SRDSQ, 4.65%, 09/04/2025 (a)(s)(u) | | Square | | | 3/6/2024 | | | | 105,053 | | | | 98,197 | | | | 99,394 | |
7559728.SRDSQ, 4.94%, 09/04/2025 (a)(s)(u) | | Square | | | 3/6/2024 | | | | 103,497 | | | | 96,361 | | | | 96,989 | |
7560145.SRDSQ, 4.65%, 09/04/2025 (a)(s)(u) | | Square | | | 3/6/2024 | | | | 119,198 | | | | 111,419 | | | | 112,635 | |
7560673.SRDSQ, 5.19%, 09/04/2025 (a)(s)(u) | | Square | | | 3/6/2024 | | | | 138,664 | | | | 128,651 | | | | 130,201 | |
7563662.SRDSQ, 4.65%, 09/05/2025 (a)(s)(u) | | Square | | | 3/7/2024 | | | | 94,787 | | | | 88,602 | | | | 89,875 | |
7563899.SRDSQ, 5.19%, 09/05/2025 (a)(s)(u) | | Square | | | 3/7/2024 | | | | 240,979 | | | | 223,578 | | | | 226,276 | |
7567062.SRDSQ, 4.65%, 09/06/2025 (a)(s)(u) | | Square | | | 3/8/2024 | | | | 107,870 | | | | 100,831 | | | | 101,953 | |
7567965.SRDSQ, 4.65%, 09/06/2025 (a)(s)(u) | | Square | | | 3/8/2024 | | | | 163,711 | | | | 153,028 | | | | 154,374 | |
7571546.SRDSQ, 4.65%, 09/07/2025 (a)(s)(u) | | Square | | | 3/11/2024 | | | | 158,970 | | | | 148,596 | | | | 147,317 | |
7571572.SRDSQ, 5.38%, 09/07/2025 (a)(s)(u) | | Square | | | 3/11/2024 | | | | 255,850 | | | | 236,754 | | | | 226,452 | |
7573850.SRDSQ, 5.38%, 09/07/2025 (a)(s)(u) | | Square | | | 3/11/2024 | | | | 109,734 | | | | 101,544 | | | | 103,034 | |
7576739.SRDSQ, 4.94%, 09/08/2025 (a)(s)(u) | | Square | | | 3/12/2024 | | | | 129,367 | | | | 120,447 | | | | 121,890 | |
7577005.SRDSQ, 6.26%, 09/08/2025 (a)(s)(u) | | Square | | | 3/12/2024 | | | | 219,285 | | | | 200,468 | | | | 204,998 | |
7577572.SRDSQ, 5.19%, 09/08/2025 (a)(s)(u) | | Square | | | 3/12/2024 | | | | 121,025 | | | | 112,286 | | | | 114,698 | |
7577765.SRDSQ, 4.65%, 09/08/2025 (a)(s)(u) | | Square | | | 3/12/2024 | | | | 169,870 | | | | 158,785 | | | | 160,626 | |
7582396.SRDSQ, 4.94%, 09/11/2025 (a)(s)(u) | | Square | | | 3/13/2024 | | | | 95,346 | | | | 88,772 | | | | 90,377 | |
7583212.SRDSQ, 4.94%, 09/11/2025 (a)(s)(u) | | Square | | | 3/13/2024 | | | | 183,256 | | | | 170,620 | | | | 167,456 | |
7583336.SRDSQ, 4.65%, 09/11/2025 (a)(s)(u) | | Square | | | 3/13/2024 | | | | 204,463 | | | | 191,121 | | | | 193,283 | |
7610951.SRDSQ, 5.75%, 09/20/2025 (a)(s)(u) | | Square | | | 3/22/2024 | | | | 135,539 | | | | 124,769 | | | | 125,699 | |
7611145.SRDSQ, 5.57%, 09/20/2025 (a)(s)(u) | | Square | | | 3/22/2024 | | | | 255,741 | | | | 236,035 | | | | 236,294 | |
7611892.SRDSQ, 4.65%, 09/20/2025 (a)(s)(u) | | Square | | | 3/22/2024 | | | | 116,195 | | | | 108,613 | | | | 109,674 | |
7617074.SRDSQ, 5.38%, 09/21/2025 (a)(s)(u) | | Square | | | 3/25/2024 | | | | 93,923 | | | | 86,913 | | | | 88,787 | |
7617490.SRDSQ, 4.65%, 09/21/2025 (a)(s)(u) | | Square | | | 3/25/2024 | | | | 107,098 | | | | 100,110 | | | | 100,999 | |
7620058.SRDSQ, 5.19%, 09/22/2025 (a)(s)(u) | | Square | | | 3/26/2024 | | | | 96,097 | | | | 89,158 | | | | 90,756 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
163
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7635802.SRDSQ, 5.56%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | $ | 2,100 | | | $ | 1,938 | | | $ | 1,858 | |
7635858.SRDSQ, 5.38%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 5,451 | | | | 5,044 | | | | 5,117 | |
7635963.SRDSQ, 5.37%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 4,797 | | | | 4,439 | | | | 4,503 | |
7636075.SRDSQ, 4.65%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 8,519 | | | | 7,963 | | | | 8,018 | |
7636277.SRDSQ, 6.41%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 2,043 | | | | 1,864 | | | | 1,926 | |
7636365.SRDSQ, 4.94%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 5,030 | | | | 4,683 | | | | 4,697 | |
7636566.SRDSQ, 4.93%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 5,833 | | | | 5,431 | | | | 5,500 | |
7636782.SRDSQ, 6.47%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 3,331 | | | | 3,036 | | | | 2,779 | |
7636855.SRDSQ, 4.76%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 1,945 | | | | 1,815 | | | | 1,783 | |
7636897.SRDSQ, 5.56%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 3,121 | | | | 2,880 | | | | 2,941 | |
7636989.SRDSQ, 5.34%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 3,895 | | | | 3,606 | | | | 3,654 | |
7637073.SRDSQ, 6.16%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 3,200 | | | | 2,930 | | | | 2,987 | |
7637159.SRDSQ, 6.47%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 1,221 | | | | 1,113 | | | | 1,019 | |
7637198.SRDSQ, 6.01%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 13,595 | | | | 12,471 | | | | 12,510 | |
7637437.SRDSQ, 5.19%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 10,086 | | | | 9,358 | | | | 9,424 | |
7637720.SRDSQ, 5.19%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 51,132 | | | | 47,440 | | | | 48,048 | |
7638686.SRDSQ, 4.93%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 2,609 | | | | 2,429 | | | | 2,444 | |
7638714.SRDSQ, 4.65%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 20,981 | | | | 19,612 | | | | 19,782 | |
7639075.SRDSQ, 5.56%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 5,950 | | | | 5,491 | | | | 5,608 | |
7639216.SRDSQ, 5.19%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 14,316 | | | | 13,282 | | | | 13,453 | |
7639481.SRDSQ, 6.42%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 1,687 | | | | 1,539 | | | | 1,562 | |
7639503.SRDSQ, 6.01%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 4,551 | | | | 4,175 | | | | 4,288 | |
7639599.SRDSQ, 5.35%, 09/28/2025 (a)(s)(u) | | Square | | | 4/1/2024 | | | | 23,168 | | | | 21,448 | | | | 20,922 | |
7639789.SRDSQ, 5.77%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 1,162 | | | | 1,070 | | | | 1,083 | |
7639816.SRDSQ, 4.65%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 22,283 | | | | 20,829 | | | | 21,032 | |
7640550.SRDSQ, 4.65%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 3,197 | | | | 2,988 | | | | 3,005 | |
7640687.SRDSQ, 6.00%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 3,481 | | | | 3,193 | | | | 3,278 | |
7640818.SRDSQ, 5.19%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 35,898 | | | | 33,305 | | | | 33,728 | |
7641750.SRDSQ, 4.78%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 4,972 | | | | 4,639 | | | | 4,687 | |
7641852.SRDSQ, 4.93%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 6,117 | | | | 5,695 | | | | 5,729 | |
7641953.SRDSQ, 4.65%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 15,123 | | | | 14,136 | | | | 14,273 | |
7642186.SRDSQ, 4.78%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 52,382 | | | | 48,877 | | | | 48,589 | |
7643186.SRDSQ, 6.17%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 1,712 | | | | 1,567 | | | | 1,402 | |
7643245.SRDSQ, 5.38%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 7,275 | | | | 6,733 | | | | 6,767 | |
7643443.SRDSQ, 5.19%, 09/29/2025 (a)(s)(u) | | Square | | | 4/2/2024 | | | | 26,147 | | | | 24,259 | | | | 24,425 | |
7643487.SRDSQ, 5.19%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 17,350 | | | | 16,097 | | | | 16,124 | |
7643795.SRDSQ, 6.41%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 7,095 | | | | 6,472 | | | | 6,465 | |
7643964.SRDSQ, 4.65%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 6,077 | | | | 5,681 | | | | 5,694 | |
7644096.SRDSQ, 5.57%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 2,564 | | | | 2,366 | | | | 2,373 | |
7644145.SRDSQ, 4.78%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 21,438 | | | | 20,004 | | | | 20,052 | |
7644602.SRDSQ, 5.76%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 6,038 | | | | 5,558 | | | | 5,565 | |
7644711.SRDSQ, 4.94%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 5,819 | | | | 5,418 | | | | 5,427 | |
7644815.SRDSQ, 6.26%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 20,365 | | | | 18,618 | | | | 18,608 | |
7645233.SRDSQ, 5.19%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 2,195 | | | | 2,036 | | | | 2,042 | |
7645279.SRDSQ, 5.36%, 09/30/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 2,220 | | | | 2,054 | | | | 2,052 | |
7645520.SRDSQ, 5.75%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 8,594 | | | | 7,911 | | | | 7,920 | |
7645782.SRDSQ, 6.16%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 2,640 | | | | 2,417 | | | | 2,430 | |
7645935.SRDSQ, 5.19%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 6,524 | | | | 6,052 | | | | 6,063 | |
7646290.SRDSQ, 5.77%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 867 | | | | 798 | | | | 780 | |
7646348.SRDSQ, 5.79%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 985 | | | | 907 | | | | 906 | |
7646399.SRDSQ, 5.57%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 2,251 | | | | 2,077 | | | | 2,080 | |
7646452.SRDSQ, 6.15%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 752 | | | | 688 | | | | 652 | |
7646498.SRDSQ, 5.57%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 7,885 | | | | 7,277 | | | | 7,236 | |
7646736.SRDSQ, 5.75%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 9,782 | | | | 9,005 | | | | 8,927 | |
7647086.SRDSQ, 5.19%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 6,103 | | | | 5,663 | | | | 5,673 | |
7647259.SRDSQ, 4.65%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 5,844 | | | | 5,463 | | | | 5,479 | |
7647422.SRDSQ, 5.19%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 10,379 | | | | 9,629 | | | | 9,646 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
164
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7647637.SRDSQ, 5.54%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | $ | 3,160 | | | $ | 2,918 | | | $ | 2,925 | |
7647681.SRDSQ, 5.39%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 728 | | | | 674 | | | | 675 | |
7647693.SRDSQ, 4.77%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 582 | | | | 543 | | | | 537 | |
7647701.SRDSQ, 4.77%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 5,969 | | | | 5,570 | | | | 5,586 | |
7647871.SRDSQ, 5.36%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 1,487 | | | | 1,376 | | | | 1,374 | |
7647916.SRDSQ, 6.16%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 3,117 | | | | 2,854 | | | | 2,823 | |
7648032.SRDSQ, 5.35%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 7,249 | | | | 6,710 | | | | 6,723 | |
7648193.SRDSQ, 5.38%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 25,666 | | | | 23,750 | | | | 23,774 | |
7648835.SRDSQ, 5.57%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 1,102 | | | | 1,017 | | | | 1,011 | |
7648877.SRDSQ, 4.65%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 5,047 | | | | 4,717 | | | | 4,728 | |
7649027.SRDSQ, 4.66%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 9,141 | | | | 8,544 | | | | 8,567 | |
7649216.SRDSQ, 5.38%, 10/01/2025 (a)(s)(u) | | Square | | | 4/3/2024 | | | | 3,380 | | | | 3,128 | | | | 3,109 | |
7649655.SRDSQ, 6.01%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 6,090 | | | | 5,586 | | | | 5,580 | |
7649831.SRDSQ, 5.75%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 4,228 | | | | 3,892 | | | | 3,855 | |
7649982.SRDSQ, 6.19%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 708 | | | | 648 | | | | 645 | |
7650009.SRDSQ, 4.74%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 1,564 | | | | 1,460 | | | | 1,429 | |
7650081.SRDSQ, 5.56%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 1,985 | | | | 1,832 | | | | 1,836 | |
7650121.SRDSQ, 5.57%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 3,042 | | | | 2,807 | | | | 2,808 | |
7650230.SRDSQ, 6.26%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 1,781 | | | | 1,628 | | | | 1,627 | |
7650278.SRDSQ, 6.44%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 236 | | | | 215 | | | | 189 | |
7650323.SRDSQ, 5.76%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 11,135 | | | | 10,249 | | | | 10,248 | |
7650825.SRDSQ, 6.01%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 1,788 | | | | 1,640 | | | | 1,634 | |
7650930.SRDSQ, 5.57%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 6,048 | | | | 5,582 | | | | 5,580 | |
7651146.SRDSQ, 4.94%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 10,213 | | | | 9,508 | | | | 9,527 | |
7651466.SRDSQ, 4.94%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 12,037 | | | | 11,207 | | | | 11,224 | |
7651702.SRDSQ, 5.19%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 10,223 | | | | 9,485 | | | | 9,496 | |
7651856.SRDSQ, 5.38%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 12,500 | | | | 11,567 | | | | 11,580 | |
7652044.SRDSQ, 4.76%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 1,829 | | | | 1,707 | | | | 1,705 | |
7652077.SRDSQ, 5.37%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 4,565 | | | | 4,225 | | | | 4,227 | |
7652160.SRDSQ, 4.74%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 3,377 | | | | 3,153 | | | | 3,143 | |
7652203.SRDSQ, 5.19%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 6,758 | | | | 6,270 | | | | 6,280 | |
7652363.SRDSQ, 5.16%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 514 | | | | 477 | | | | 478 | |
7652380.SRDSQ, 4.65%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 8,742 | | | | 8,172 | | | | 8,162 | |
7652714.SRDSQ, 5.99%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 2,045 | | | | 1,876 | | | | 1,864 | |
7652772.SRDSQ, 5.35%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 3,001 | | | | 2,778 | | | | 2,784 | |
7652864.SRDSQ, 6.00%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 2,997 | | | | 2,750 | | | | 2,726 | |
7652922.SRDSQ, 5.99%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 1,627 | | | | 1,493 | | | | 1,485 | |
7652973.SRDSQ, 5.77%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 2,245 | | | | 2,066 | | | | 2,071 | |
7653023.SRDSQ, 6.01%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 8,921 | | | | 8,184 | | | | 8,189 | |
7653119.SRDSQ, 4.66%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 5,386 | | | | 5,034 | | | | 5,049 | |
7653230.SRDSQ, 6.00%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 1,784 | | | | 1,637 | | | | 1,631 | |
7653270.SRDSQ, 5.18%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 4,478 | | | | 4,155 | | | | 4,159 | |
7653332.SRDSQ, 5.20%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 3,309 | | | | 3,070 | | | | 3,077 | |
7653391.SRDSQ, 5.75%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 1,457 | | | | 1,341 | | | | 1,343 | |
7653429.SRDSQ, 5.54%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 6,466 | | | | 5,970 | | | | 5,954 | |
7653577.SRDSQ, 5.19%, 10/02/2025 (a)(s)(u) | | Square | | | 4/4/2024 | | | | 16,659 | | | | 15,456 | | | | 15,482 | |
7653947.SRDSQ, 6.29%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 898 | | | | 820 | | | | 817 | |
7653965.SRDSQ, 5.35%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 11,965 | | | | 11,077 | | | | 11,093 | |
7654237.SRDSQ, 5.38%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 6,283 | | | | 5,814 | | | | 5,831 | |
7654450.SRDSQ, 4.78%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 7,168 | | | | 6,689 | | | | 6,704 | |
7654718.SRDSQ, 4.93%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 3,829 | | | | 3,565 | | | | 3,570 | |
7654875.SRDSQ, 5.57%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 13,830 | | | | 12,764 | | | | 12,764 | |
7655211.SRDSQ, 6.26%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 10,193 | | | | 9,318 | | | | 9,354 | |
7655371.SRDSQ, 4.65%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 45,259 | | | | 42,305 | | | | 42,410 | |
7656037.SRDSQ, 4.94%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 7,522 | | | | 7,004 | | | | 7,017 | |
7656115.SRDSQ, 5.19%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 22,139 | | | | 20,540 | | | | 20,374 | |
7656754.SRDSQ, 6.29%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 624 | | | | 570 | | | | 571 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
165
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7656762.SRDSQ, 4.74%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | $ | 7,793 | | | $ | 7,276 | | | $ | 7,247 | |
7656865.SRDSQ, 4.75%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 4,213 | | | | 3,933 | | | | 3,905 | |
7656952.SRDSQ, 6.15%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 1,042 | | | | 954 | | | | 959 | |
7656970.SRDSQ, 5.35%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 15,215 | | | | 14,085 | | | | 14,127 | |
7657204.SRDSQ, 5.57%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 2,464 | | | | 2,274 | | | | 2,276 | |
7657234.SRDSQ, 5.09%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 19,088 | | | | 17,733 | | | | 17,773 | |
7657553.SRDSQ, 5.76%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 4,404 | | | | 4,054 | | | | 4,053 | |
7657607.SRDSQ, 4.94%, 10/03/2025 (a)(s)(u) | | Square | | | 4/5/2024 | | | | 20,643 | | | | 19,220 | | | | 19,257 | |
7659790.SRDSQ, 5.19%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 9,842 | | | | 9,132 | | | | 9,143 | |
7660021.SRDSQ, 5.44%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 9,204 | | | | 8,510 | | | | 8,497 | |
7660301.SRDSQ, 4.78%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 5,333 | | | | 4,976 | | | | 4,989 | |
7660409.SRDSQ, 5.42%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 659 | | | | 610 | | | | 608 | |
7660438.SRDSQ, 5.35%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 6,206 | | | | 5,745 | | | | 5,763 | |
7660562.SRDSQ, 5.91%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 1,686 | | | | 1,549 | | | | 1,549 | |
7660606.SRDSQ, 5.56%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 9,702 | | | | 8,954 | | | | 8,917 | |
7661076.SRDSQ, 5.76%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 11,586 | | | | 10,665 | | | | 10,676 | |
7661321.SRDSQ, 5.40%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 956 | | | | 884 | | | | 887 | |
7661343.SRDSQ, 5.57%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 23,257 | | | | 21,465 | | | | 21,477 | |
7661866.SRDSQ, 4.94%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 45,882 | | | | 42,718 | | | | 42,765 | |
7662575.SRDSQ, 4.65%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 2,420 | | | | 2,263 | | | | 2,267 | |
7662606.SRDSQ, 5.53%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 12,066 | | | | 11,141 | | | | 11,156 | |
7662806.SRDSQ, 4.78%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 39,175 | | | | 36,554 | | | | 36,626 | |
7663402.SRDSQ, 6.43%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 1,100 | | | | 1,003 | | | | 1,005 | |
7663411.SRDSQ, 4.78%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 15,348 | | | | 14,321 | | | | 14,350 | |
7663618.SRDSQ, 6.41%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 5,074 | | | | 4,629 | | | | 4,646 | |
7663699.SRDSQ, 6.16%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 2,972 | | | | 2,721 | | | | 2,724 | |
7663746.SRDSQ, 6.00%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 4,813 | | | | 4,416 | | | | 4,425 | |
7663866.SRDSQ, 5.38%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 4,062 | | | | 3,758 | | | | 3,761 | |
7663956.SRDSQ, 4.74%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 2,179 | | | | 2,035 | | | | 1,973 | |
7664036.SRDSQ, 5.75%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 2,976 | | | | 2,740 | | | | 2,726 | |
7664069.SRDSQ, 5.09%, 10/04/2025 (a)(s)(u) | | Square | | | 4/8/2024 | | | | 4,060 | | | | 3,772 | | | | 3,774 | |
7664138.SRDSQ, 5.37%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 3,874 | | | | 3,585 | | | | 3,587 | |
7664250.SRDSQ, 4.78%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 18,821 | | | | 17,562 | | | | 17,595 | |
7664729.SRDSQ, 6.29%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 24,891 | | | | 22,745 | | | | 22,743 | |
7665473.SRDSQ, 5.76%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 2,594 | | | | 2,388 | | | | 2,388 | |
7665566.SRDSQ, 5.19%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 15,171 | | | | 14,075 | | | | 14,101 | |
7665948.SRDSQ, 5.35%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 20,602 | | | | 19,073 | | | | 19,130 | |
7666342.SRDSQ, 5.57%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 5,261 | | | | 4,856 | | | | 4,857 | |
7666422.SRDSQ, 4.78%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 6,268 | | | | 5,848 | | | | 5,861 | |
7666512.SRDSQ, 5.35%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 41,738 | | | | 38,639 | | | | 38,701 | |
7667142.SRDSQ, 4.75%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 3,909 | | | | 3,649 | | | | 3,634 | |
7667219.SRDSQ, 4.78%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 12,915 | | | | 12,051 | | | | 12,069 | |
7667423.SRDSQ, 6.26%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 8,195 | | | | 7,492 | | | | 7,482 | |
7667569.SRDSQ, 5.76%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 5,927 | | | | 5,456 | | | | 5,454 | |
7667687.SRDSQ, 5.55%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 2,004 | | | | 1,850 | | | | 1,849 | |
7667717.SRDSQ, 5.10%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 7,951 | | | | 7,386 | | | | 7,394 | |
7667798.SRDSQ, 5.19%, 10/05/2025 (a)(s)(u) | | Square | | | 4/9/2024 | | | | 14,421 | | | | 13,380 | | | | 13,412 | |
7667889.SRDSQ, 5.75%, 10/06/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 2,194 | | | | 2,020 | | | | 2,012 | |
7667927.SRDSQ, 5.09%, 10/06/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 8,668 | | | | 8,053 | | | | 8,066 | |
7668040.SRDSQ, 4.78%, 10/06/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 31,586 | | | | 29,473 | | | | 29,487 | |
7668921.SRDSQ, 5.76%, 10/07/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 4,662 | | | | 4,292 | | | | 4,290 | |
7669017.SRDSQ, 4.65%, 10/07/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 13,798 | | | | 12,898 | | | | 12,922 | |
7669290.SRDSQ, 6.15%, 10/07/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 2,599 | | | | 2,379 | | | | 2,365 | |
7669348.SRDSQ, 5.20%, 10/07/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 2,317 | | | | 2,149 | | | | 2,151 | |
7669390.SRDSQ, 4.78%, 10/07/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 18,346 | | | | 17,119 | | | | 17,153 | |
7670024.SRDSQ, 6.48%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 5,744 | | | | 5,235 | | | | 5,156 | |
7670190.SRDSQ, 6.26%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 1,114 | | | | 1,018 | | | | 1,020 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
166
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7670277.SRDSQ, 4.74%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | $ | 619 | | | $ | 578 | | | $ | 574 | |
7670319.SRDSQ, 5.37%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 3,520 | | | | 3,258 | | | | 3,259 | |
7670512.SRDSQ, 5.38%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 2,634 | | | | 2,437 | | | | 2,438 | |
7670689.SRDSQ, 5.35%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 16,778 | | | | 15,532 | | | | 15,547 | |
7671262.SRDSQ, 5.43%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 5,295 | | | | 4,896 | | | | 4,898 | |
7671369.SRDSQ, 5.19%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 48,522 | | | | 45,018 | | | | 45,060 | |
7672468.SRDSQ, 5.09%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 3,185 | | | | 2,959 | | | | 2,958 | |
7672554.SRDSQ, 4.93%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 2,738 | | | | 2,549 | | | | 2,555 | |
7672625.SRDSQ, 5.19%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 11,725 | | | | 10,878 | | | | 10,892 | |
7672934.SRDSQ, 5.09%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 2,779 | | | | 2,582 | | | | 2,587 | |
7672993.SRDSQ, 5.35%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 8,305 | | | | 7,689 | | | | 7,699 | |
7673187.SRDSQ, 6.16%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 3,444 | | | | 3,153 | | | | 3,130 | |
7673314.SRDSQ, 5.72%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 11,308 | | | | 10,414 | | | | 10,439 | |
7673546.SRDSQ, 4.94%, 10/08/2025 (a)(s)(u) | | Square | | | 4/10/2024 | | | | 5,201 | | | | 4,842 | | | | 4,849 | |
7673635.SRDSQ, 5.10%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 5,136 | | | | 4,771 | | | | 4,778 | |
7673798.SRDSQ, 4.65%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 4,126 | | | | 3,857 | | | | 3,860 | |
7673939.SRDSQ, 5.09%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 16,996 | | | | 15,789 | | | | 15,812 | |
7674332.SRDSQ, 4.94%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 10,755 | | | | 10,014 | | | | 10,028 | |
7674689.SRDSQ, 5.75%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 6,404 | | | | 5,896 | | | | 5,896 | |
7674892.SRDSQ, 4.65%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 17,291 | | | | 16,162 | | | | 16,194 | |
7675285.SRDSQ, 4.78%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 3,259 | | | | 3,041 | | | | 3,045 | |
7675346.SRDSQ, 5.54%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 5,368 | | | | 4,956 | | | | 4,963 | |
7675424.SRDSQ, 5.37%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 3,535 | | | | 3,271 | | | | 3,269 | |
7675450.SRDSQ, 6.16%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 5,648 | | | | 5,170 | | | | 5,183 | |
7675530.SRDSQ, 6.21%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 778 | | | | 711 | | | | 712 | |
7675539.SRDSQ, 4.78%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 101,841 | | | | 95,028 | | | | 95,208 | |
7677135.SRDSQ, 4.78%, 10/09/2025 (a)(s)(u) | | Square | | | 4/11/2024 | | | | 4,003 | | | | 3,735 | | | | 3,743 | |
7677268.SRDSQ, 4.78%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 4,017 | | | | 3,748 | | | | 3,754 | |
7677408.SRDSQ, 6.26%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 8,755 | | | | 8,004 | | | | 8,016 | |
7677626.SRDSQ, 5.56%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 1,867 | | | | 1,723 | | | | 1,722 | |
7677661.SRDSQ, 5.38%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 12,448 | | | | 11,519 | | | | 11,522 | |
7677995.SRDSQ, 4.74%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 184 | | | | 172 | | | | 139 | |
7678055.SRDSQ, 4.78%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 22,945 | | | | 21,410 | | | | 21,447 | |
7678552.SRDSQ, 5.35%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 5,269 | | | | 4,878 | | | | 4,886 | |
7678612.SRDSQ, 5.97%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 594 | | | | 545 | | | | 544 | |
7678615.SRDSQ, 6.01%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 1,816 | | | | 1,665 | | | | 1,659 | |
7678631.SRDSQ, 4.94%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 58,490 | | | | 54,457 | | | | 54,525 | |
7679302.SRDSQ, 6.01%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 6,227 | | | | 5,713 | | | | 5,714 | |
7679387.SRDSQ, 5.44%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 6,674 | | | | 6,170 | | | | 6,137 | |
7679512.SRDSQ, 5.38%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 2,177 | | | | 2,014 | | | | 2,017 | |
7679579.SRDSQ, 5.57%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 25,804 | | | | 23,815 | | | | 23,794 | |
7679983.SRDSQ, 5.77%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 2,733 | | | | 2,516 | | | | 2,513 | |
7680011.SRDSQ, 4.94%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 17,244 | | | | 16,055 | | | | 16,083 | |
7680211.SRDSQ, 5.45%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 294 | | | | 272 | | | | 270 | |
7680214.SRDSQ, 5.45%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 5,321 | | | | 4,919 | | | | 4,910 | |
7680339.SRDSQ, 5.56%, 10/10/2025 (a)(s)(u) | | Square | | | 4/12/2024 | | | | 16,100 | | | | 14,860 | | | | 14,881 | |
7682319.SRDSQ, 6.16%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 9,216 | | | | 8,436 | | | | 8,439 | |
7682499.SRDSQ, 4.78%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 12,438 | | | | 11,606 | | | | 11,621 | |
7682896.SRDSQ, 5.38%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 2,738 | | | | 2,534 | | | | 2,533 | |
7683092.SRDSQ, 5.57%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 5,693 | | | | 5,254 | | | | 5,263 | |
7683245.SRDSQ, 4.94%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 43,785 | | | | 40,766 | | | | 40,820 | |
7684119.SRDSQ, 4.78%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 32,337 | | | | 30,173 | | | | 30,215 | |
7684648.SRDSQ, 4.76%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 2,837 | | | | 2,648 | | | | 2,649 | |
7684706.SRDSQ, 4.94%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 9,868 | | | | 9,187 | | | | 9,193 | |
7684900.SRDSQ, 6.42%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 2,014 | | | | 1,837 | | | | 1,835 | |
7684944.SRDSQ, 4.78%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 7,632 | | | | 7,122 | | | | 7,132 | |
7685096.SRDSQ, 6.16%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 2,180 | | | | 1,996 | | | | 1,997 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
167
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7685149.SRDSQ, 5.43%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | $ | 1,018 | | | $ | 941 | | | $ | 939 | |
7685172.SRDSQ, 5.56%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 19,201 | | | | 17,722 | | | | 17,747 | |
7685508.SRDSQ, 5.47%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 1,106 | | | | 1,022 | | | | 1,023 | |
7685517.SRDSQ, 4.94%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 16,692 | | | | 15,541 | | | | 15,558 | |
7685726.SRDSQ, 5.91%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 6,518 | | | | 5,987 | | | | 5,985 | |
7685806.SRDSQ, 5.57%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 9,285 | | | | 8,570 | | | | 8,571 | |
7686013.SRDSQ, 4.65%, 10/11/2025 (a)(s)(u) | | Square | | | 4/15/2024 | | | | 35,616 | | | | 33,291 | | | | 33,333 | |
7686096.SRDSQ, 6.01%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 5,620 | | | | 5,156 | | | | 5,157 | |
7686337.SRDSQ, 5.57%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 10,898 | | | | 10,058 | | | | 10,063 | |
7686661.SRDSQ, 5.73%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 1,427 | | | | 1,314 | | | | 1,315 | |
7686703.SRDSQ, 4.75%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 509 | | | | 475 | | | | 469 | |
7686733.SRDSQ, 6.00%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 1,203 | | | | 1,103 | | | | 1,104 | |
7686763.SRDSQ, 4.76%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 1,683 | | | | 1,571 | | | | 1,565 | |
7686875.SRDSQ, 5.74%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 1,011 | | | | 931 | | | | 922 | |
7686980.SRDSQ, 4.78%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 8,528 | | | | 7,958 | | | | 7,967 | |
7687348.SRDSQ, 5.72%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 5,888 | | | | 5,423 | | | | 5,427 | |
7687476.SRDSQ, 4.75%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 1,661 | | | | 1,550 | | | | 1,542 | |
7687547.SRDSQ, 5.38%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 10,802 | | | | 9,995 | | | | 10,002 | |
7687831.SRDSQ, 5.10%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 22,282 | | | | 20,700 | | | | 20,719 | |
7688417.SRDSQ, 5.38%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 13,077 | | | | 12,101 | | | | 12,120 | |
7688575.SRDSQ, 5.38%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 7,511 | | | | 6,950 | | | | 6,950 | |
7688663.SRDSQ, 5.39%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 2,852 | | | | 2,639 | | | | 2,636 | |
7688701.SRDSQ, 5.54%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 3,795 | | | | 3,504 | | | | 3,507 | |
7688763.SRDSQ, 5.44%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 20,247 | | | | 18,720 | | | | 18,676 | |
7689256.SRDSQ, 6.17%, 10/12/2025 (a)(s)(u) | | Square | | | 4/16/2024 | | | | 4,966 | | | | 4,545 | | | | 4,550 | |
7689304.SRDSQ, 5.46%, 10/13/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 838 | | | | 775 | | | | 774 | |
7689313.SRDSQ, 5.19%, 10/13/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 3,853 | | | | 3,575 | | | | 3,577 | |
7689363.SRDSQ, 5.19%, 10/13/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 2,251 | | | | 2,088 | | | | 2,091 | |
7689390.SRDSQ, 4.78%, 10/13/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 4,884 | | | | 4,557 | | | | 4,563 | |
7689452.SRDSQ, 4.77%, 10/13/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 1,258 | | | | 1,174 | | | | 1,174 | |
7689473.SRDSQ, 4.65%, 10/13/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 39,602 | | | | 37,018 | | | | 37,057 | |
7690040.SRDSQ, 5.91%, 10/13/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 41,945 | | | | 38,529 | | | | 38,589 | |
7690585.SRDSQ, 4.78%, 10/14/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 7,215 | | | | 6,732 | | | | 6,740 | |
7690689.SRDSQ, 4.78%, 10/14/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 3,832 | | | | 3,575 | | | | 3,579 | |
7690731.SRDSQ, 5.09%, 10/14/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 11,923 | | | | 11,077 | | | | 11,095 | |
7690909.SRDSQ, 6.02%, 10/14/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 1,214 | | | | 1,113 | | | | 1,113 | |
7690927.SRDSQ, 4.77%, 10/14/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 5,055 | | | | 4,717 | | | | 4,722 | |
7691195.SRDSQ, 4.74%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 3,074 | | | | 2,870 | | | | 2,847 | |
7691251.SRDSQ, 4.65%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 8,859 | | | | 8,281 | | | | 8,292 | |
7691524.SRDSQ, 5.35%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 6,319 | | | | 5,850 | | | | 5,843 | |
7691804.SRDSQ, 6.47%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 2,234 | | | | 2,037 | | | | 2,039 | |
7691900.SRDSQ, 5.38%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 12,105 | | | | 11,201 | | | | 11,203 | |
7692209.SRDSQ, 5.10%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 13,153 | | | | 12,219 | | | | 12,238 | |
7692502.SRDSQ, 6.15%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 1,112 | | | | 1,018 | | | | 1,016 | |
7692509.SRDSQ, 6.26%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 20,179 | | | | 18,448 | | | | 18,450 | |
7692839.SRDSQ, 4.76%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 1,232 | | | | 1,150 | | | | 1,148 | |
7692864.SRDSQ, 5.76%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 8,176 | | | | 7,526 | | | | 7,540 | |
7692977.SRDSQ, 4.65%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 97,460 | | | | 91,100 | | | | 91,203 | |
7694416.SRDSQ, 5.19%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 3,790 | | | | 3,516 | | | | 3,520 | |
7694460.SRDSQ, 4.65%, 10/15/2025 (a)(s)(u) | | Square | | | 4/17/2024 | | | | 5,347 | | | | 4,998 | | | | 5,003 | |
7694596.SRDSQ, 5.19%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 4,703 | | | | 4,364 | | | | 4,369 | |
7694690.SRDSQ, 4.75%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 508 | | | | 474 | | | | 466 | |
7694704.SRDSQ, 4.73%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 1,586 | | | | 1,481 | | | | 1,480 | |
7694755.SRDSQ, 5.76%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 6,927 | | | | 6,377 | | | | 6,379 | |
7694917.SRDSQ, 4.75%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 863 | | | | 806 | | | | 806 | |
7694941.SRDSQ, 6.29%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 6,866 | | | | 6,274 | | | | 6,278 | |
7695181.SRDSQ, 4.74%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 1,175 | | | | 1,097 | | | | 1,090 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
168
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7695253.SRDSQ, 4.75%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | $ | 4,824 | | | $ | 4,503 | | | $ | 4,498 | |
7695361.SRDSQ, 4.65%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 5,555 | | | | 5,193 | | | | 5,199 | |
7695521.SRDSQ, 4.79%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 511 | | | | 477 | | | | 471 | |
7695531.SRDSQ, 5.54%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 7,699 | | | | 7,109 | | | | 7,100 | |
7695679.SRDSQ, 5.54%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 15,403 | | | | 14,222 | | | | 14,211 | |
7696042.SRDSQ, 5.37%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 4,708 | | | | 4,357 | | | | 4,360 | |
7696121.SRDSQ, 4.94%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 6,560 | | | | 6,108 | | | | 6,113 | |
7696202.SRDSQ, 4.78%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 8,769 | | | | 8,183 | | | | 8,191 | |
7696292.SRDSQ, 6.48%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 16,676 | | | | 15,199 | | | | 15,192 | |
7696531.SRDSQ, 5.46%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 1,802 | | | | 1,666 | | | | 1,662 | |
7696544.SRDSQ, 5.09%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 4,163 | | | | 3,868 | | | | 3,871 | |
7696570.SRDSQ, 5.54%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 7,232 | | | | 6,678 | | | | 6,680 | |
7696633.SRDSQ, 5.09%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 20,982 | | | | 19,493 | | | | 19,508 | |
7696996.SRDSQ, 5.44%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 13,611 | | | | 12,584 | | | | 12,578 | |
7697161.SRDSQ, 4.65%, 10/16/2025 (a)(s)(u) | | Square | | | 4/18/2024 | | | | 93,747 | | | | 87,630 | | | | 87,718 | |
7697620.SRDSQ, 4.73%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 2,096 | | | | 1,957 | | | | 1,956 | |
7697673.SRDSQ, 6.01%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 5,533 | | | | 5,075 | | | | 5,076 | |
7697839.SRDSQ, 4.76%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 1,666 | | | | 1,555 | | | | 1,547 | |
7697882.SRDSQ, 5.09%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 17,234 | | | | 16,010 | | | | 16,019 | |
7698493.SRDSQ, 4.78%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 25,336 | | | | 23,641 | | | | 23,664 | |
7698999.SRDSQ, 5.57%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 3,501 | | | | 3,231 | | | | 3,229 | |
7699032.SRDSQ, 5.19%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 33,523 | | | | 31,102 | | | | 31,128 | |
7699459.SRDSQ, 5.57%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 6,605 | | | | 6,096 | | | | 6,099 | |
7699598.SRDSQ, 6.48%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 5,677 | | | | 5,174 | | | | 5,171 | |
7699705.SRDSQ, 6.29%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 5,998 | | | | 5,481 | | | | 5,458 | |
7699773.SRDSQ, 6.17%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 8,144 | | | | 7,455 | | | | 7,461 | |
7699946.SRDSQ, 5.56%, 10/17/2025 (a)(s)(u) | | Square | | | 4/19/2024 | | | | 20,524 | | | | 18,943 | | | | 18,952 | |
7701632.SRDSQ, 5.19%, 10/18/2025 (a)(s)(u) | | Square | | | 4/22/2024 | | | | 22,417 | | | | 20,798 | | | | 20,810 | |
7702101.SRDSQ, 6.48%, 10/18/2025 (a)(s)(u) | | Square | | | 4/22/2024 | | | | 18,406 | | | | 16,776 | | | | 16,791 | |
7702714.SRDSQ, 5.09%, 10/18/2025 (a)(s)(u) | | Square | | | 4/22/2024 | | | | 11,145 | | | | 10,354 | | | | 10,360 | |
7702947.SRDSQ, 4.65%, 10/18/2025 (a)(s)(u) | | Square | | | 4/22/2024 | | | | 8,975 | | | | 8,390 | | | | 8,396 | |
7703142.SRDSQ, 5.54%, 10/18/2025 (a)(s)(u) | | Square | | | 4/22/2024 | | | | 57,555 | | | | 53,143 | | | | 53,167 | |
7704218.SRDSQ, 4.74%, 10/18/2025 (a)(s)(u) | | Square | | | 4/22/2024 | | | | 2,500 | | | | 2,334 | | | | 2,335 | |
7704297.SRDSQ, 5.35%, 10/18/2025 (a)(s)(u) | | Square | | | 4/22/2024 | | | | 6,708 | | | | 6,210 | | | | 6,212 | |
7704422.SRDSQ, 5.09%, 10/18/2025 (a)(s)(u) | | Square | | | 4/22/2024 | | | | 53,520 | | | | 49,721 | | | | 49,745 | |
7704472.SRDSQ, 5.91%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 4,088 | | | | 3,755 | | | | 3,756 | |
7704605.SRDSQ, 5.46%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 1,301 | | | | 1,202 | | | | 1,198 | |
7704646.SRDSQ, 6.45%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 964 | | | | 879 | | | | 878 | |
7704699.SRDSQ, 5.10%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 8,748 | | | | 8,127 | | | | 8,130 | |
7705065.SRDSQ, 4.75%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 1,165 | | | | 1,088 | | | | 1,086 | |
7705108.SRDSQ, 6.01%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 3,696 | | | | 3,391 | | | | 3,389 | |
7705216.SRDSQ, 5.09%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 5,928 | | | | 5,508 | | | | 5,509 | |
7705381.SRDSQ, 6.29%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 1,133 | | | | 1,035 | | | | 1,036 | |
7705422.SRDSQ, 5.53%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 8,948 | | | | 8,262 | | | | 8,263 | |
7705619.SRDSQ, 5.53%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 2,884 | | | | 2,663 | | | | 2,661 | |
7705663.SRDSQ, 4.78%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 2,222 | | | | 2,073 | | | | 2,074 | |
7705694.SRDSQ, 6.29%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 32,660 | | | | 29,845 | | | | 29,854 | |
7706412.SRDSQ, 5.35%, 10/19/2025 (a)(s)(u) | | Square | | | 4/23/2024 | | | | 20,513 | | | | 18,990 | | | | 18,989 | |
7706776.SRDSQ, 4.78%, 10/20/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 3,333 | | | | 3,110 | | | | 3,111 | |
7706825.SRDSQ, 4.75%, 10/20/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 5,246 | | | | 4,897 | | | | 4,899 | |
7706881.SRDSQ, 5.53%, 10/20/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 11,307 | | | | 10,440 | | | | 10,445 | |
7707032.SRDSQ, 4.78%, 10/20/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 14,545 | | | | 13,572 | | | | 13,579 | |
7707220.SRDSQ, 5.43%, 10/21/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 1,852 | | | | 1,713 | | | | 1,714 | |
7707253.SRDSQ, 5.77%, 10/21/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 2,686 | | | | 2,472 | | | | 2,471 | |
7707291.SRDSQ, 5.34%, 10/21/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 2,945 | | | | 2,726 | | | | 2,728 | |
7707340.SRDSQ, 5.72%, 10/21/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 31,265 | | | | 28,793 | | | | 28,811 | |
7708017.SRDSQ, 5.35%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 6,889 | | | | 6,377 | | | | 6,377 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
169
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7708222.SRDSQ, 5.38%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | $ | 39,297 | | | $ | 36,363 | | | $ | 36,364 | |
7708834.SRDSQ, 4.74%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 3,695 | | | | 3,449 | | | | 3,451 | |
7708884.SRDSQ, 6.48%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 11,217 | | | | 10,224 | | | | 10,228 | |
7708982.SRDSQ, 5.54%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 1,745 | | | | 1,611 | | | | 1,612 | |
7708993.SRDSQ, 6.48%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 7,573 | | | | 6,903 | | | | 6,885 | |
7709089.SRDSQ, 6.48%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 24,435 | | | | 22,272 | | | | 22,290 | |
7709390.SRDSQ, 5.43%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 1,013 | | | | 937 | | | | 934 | |
7709402.SRDSQ, 4.74%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 772 | | | | 721 | | | | 721 | |
7709420.SRDSQ, 5.91%, 10/22/2025 (a)(s)(u) | | Square | | | 4/24/2024 | | | | 11,262 | | | | 10,344 | | | | 10,344 | |
7709764.SRDSQ, 5.09%, 10/23/2025 (a)(s)(u) | | Square | | | 4/25/2024 | | | | 42,313 | | | | 39,310 | | | | 39,307 | |
7710552.SRDSQ, 5.76%, 10/23/2025 (a)(s)(u) | | Square | | | 4/25/2024 | | | | 12,285 | | | | 11,308 | | | | 11,314 | |
7710771.SRDSQ, 5.91%, 10/23/2025 (a)(s)(u) | | Square | | | 4/25/2024 | | | | 14,187 | | | | 13,031 | | | | 13,030 | |
7711333.SRDSQ, 6.42%, 10/23/2025 (a)(s)(u) | | Square | | | 4/25/2024 | | | | 5,727 | | | | 5,224 | | | | 5,225 | |
7711531.SRDSQ, 6.18%, 10/23/2025 (a)(s)(u) | | Square | | | 4/25/2024 | | | | 1,376 | | | | 1,259 | | | | 1,259 | |
7712243.SRDSQ, 6.48%, 10/23/2025 (a)(s)(u) | | Square | | | 4/25/2024 | | | | 1,448 | | | | 1,320 | | | | 1,320 | |
7712337.SRDSQ, 4.75%, 10/23/2025 (a)(s)(u) | | Square | | | 4/25/2024 | | | | 4,542 | | | | 4,240 | | | | 4,241 | |
7712782.SRDSQ, 5.38%, 10/23/2025 (a)(s)(u) | | Square | | | 4/25/2024 | | | | 6,728 | | | | 6,226 | | | | 6,223 | |
7714995.SRDSQ, 4.78%, 10/24/2025 (a)(s)(u) | | Square | | | 4/26/2024 | | | | 3,940 | | | | 3,676 | | | | 3,677 | |
7716238.SRDSQ, 6.14%, 10/24/2025 (a)(s)(u) | | Square | | | 4/26/2024 | | | | 1,505 | | | | 1,378 | | | | 1,379 | |
7716480.SRDSQ, 5.73%, 10/24/2025 (a)(s)(u) | | Square | | | 4/26/2024 | | | | 11,012 | | | | 10,141 | | | | 10,143 | |
7721401.SRDSQ, 5.44%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 5,323 | | | | 4,921 | | | | 4,915 | |
7721644.SRDSQ, 4.78%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 10,195 | | | | 9,513 | | | | 9,511 | |
7721857.SRDSQ, 4.94%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 31,693 | | | | 29,507 | | | | 29,501 | |
7722479.SRDSQ, 5.38%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 9,737 | | | | 9,010 | | | | 9,008 | |
7722629.SRDSQ, 5.35%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 29,653 | | | | 27,452 | | | | 27,446 | |
7722967.SRDSQ, 5.76%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 3,852 | | | | 3,546 | | | | 3,545 | |
7723005.SRDSQ, 4.78%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 5,664 | | | | 5,285 | | | | 5,284 | |
7723056.SRDSQ, 5.76%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 19,609 | | | | 18,051 | | | | 18,047 | |
7723298.SRDSQ, 6.48%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 5,924 | | | | 5,399 | | | | 5,398 | |
7723350.SRDSQ, 6.16%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 17,370 | | | | 15,900 | | | | 15,897 | |
7723559.SRDSQ, 5.10%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 5,363 | | | | 4,982 | | | | 4,981 | |
7723624.SRDSQ, 5.38%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 4,564 | | | | 4,223 | | | | 4,222 | |
7723662.SRDSQ, 4.65%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 9,072 | | | | 8,480 | | | | 8,478 | |
7723749.SRDSQ, 4.75%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 1,022 | | | | 954 | | | | 954 | |
7723753.SRDSQ, 4.94%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 4,429 | | | | 4,123 | | | | 4,122 | |
7723785.SRDSQ, 4.72%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 644 | | | | 601 | | | | 601 | |
7723788.SRDSQ, 4.78%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 6,316 | | | | 5,894 | | | | 5,893 | |
7723893.SRDSQ, 4.76%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 1,499 | | | | 1,399 | | | | 1,399 | |
7723917.SRDSQ, 5.91%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 12,056 | | | | 11,074 | | | | 11,071 | |
7724131.SRDSQ, 5.54%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 1,837 | | | | 1,696 | | | | 1,696 | |
7724146.SRDSQ, 4.78%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 6,532 | | | | 6,095 | | | | 6,094 | |
7724235.SRDSQ, 5.34%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 11,507 | | | | 10,653 | | | | 10,650 | |
7724330.SRDSQ, 4.78%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 14,316 | | | | 13,359 | | | | 13,356 | |
7724503.SRDSQ, 5.34%, 10/25/2025 (a)(s)(u) | | Square | | | 4/29/2024 | | | | 12,529 | | | | 11,599 | | | | 11,596 | |
7724754.SRDSQ, 5.56%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 5,639 | | | | 5,205 | | | | 5,205 | |
7724845.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 4,692 | | | | 4,378 | | | | 4,378 | |
7724913.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 17,267 | | | | 16,112 | | | | 16,112 | |
7725163.SRDSQ, 6.29%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 20,764 | | | | 18,974 | | | | 18,974 | |
7725463.SRDSQ, 6.16%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 9,133 | | | | 8,360 | | | | 8,360 | |
7725589.SRDSQ, 5.35%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 14,542 | | | | 13,462 | | | | 13,462 | |
7725792.SRDSQ, 6.18%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 1,951 | | | | 1,785 | | | | 1,785 | |
7725825.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 12,984 | | | | 12,116 | | | | 12,116 | |
7726043.SRDSQ, 4.75%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 6,132 | | | | 5,724 | | | | 5,724 | |
7726162.SRDSQ, 4.74%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 2,506 | | | | 2,339 | | | | 2,339 | |
7726212.SRDSQ, 5.34%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 5,450 | | | | 5,046 | | | | 5,046 | |
7726576.SRDSQ, 5.09%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 2,145 | | | | 1,993 | | | | 1,993 | |
7726598.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 21,016 | | | | 19,610 | | | | 19,610 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
170
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | |
| | | | | |
| | | PLATFORM | | ORIGINAL
ACQUISITION DATE | | | PAR | | | COST | | | VALUE | |
| United States - 1.0% (continued) | | | | | | | | | | | | | | |
7726824.SRDSQ, 4.94%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | $ | 4,554 | | | $ | 4,240 | | | $ | 4,240 | |
7726871.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 6,816 | | | | 6,360 | | | | 6,360 | |
7726941.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 6,704 | | | | 6,256 | | | | 6,256 | |
7727014.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 20,679 | | | | 19,295 | | | | 19,295 | |
7727356.SRDSQ, 5.35%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 6,859 | | | | 6,350 | | | | 6,350 | |
7727445.SRDSQ, 6.16%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 25,454 | | | | 23,300 | | | | 23,300 | |
7727689.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 7,544 | | | | 7,040 | | | | 7,040 | |
7727776.SRDSQ, 5.91%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 8,309 | | | | 7,632 | | | | 7,632 | |
7727870.SRDSQ, 5.09%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 12,551 | | | | 11,660 | | | | 11,660 | |
7728070.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 6,021 | | | | 5,618 | | | | 5,618 | |
7728129.SRDSQ, 6.16%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 3,497 | | | | 3,201 | | | | 3,201 | |
7728159.SRDSQ, 6.00%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 6,667 | | | | 6,116 | | | | 6,116 | |
7728268.SRDSQ, 5.53%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 15,498 | | | | 14,310 | | | | 14,310 | |
7728413.SRDSQ, 6.16%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 16,559 | | | | 15,158 | | | | 15,158 | |
7728625.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 10,110 | | | | 9,434 | | | | 9,434 | |
7728745.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 7,100 | | | | 6,625 | | | | 6,625 | |
7728803.SRDSQ, 5.53%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 13,374 | | | | 12,349 | | | | 12,349 | |
7728995.SRDSQ, 6.49%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 1,675 | | | | 1,526 | | | | 1,526 | |
7729012.SRDSQ, 5.91%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 2,008 | | | | 1,844 | | | | 1,844 | |
7729032.SRDSQ, 5.35%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 2,897 | | | | 2,682 | | | | 2,682 | |
7729091.SRDSQ, 4.78%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 27,150 | | | | 25,334 | | | | 25,334 | |
7729450.SRDSQ, 4.75%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 1,374 | | | | 1,283 | | | | 1,283 | |
7729455.SRDSQ, 4.79%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 4,533 | | | | 4,229 | | | | 4,229 | |
7729495.SRDSQ, 6.29%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 54,056 | | | | 49,396 | | | | 49,396 | |
7730045.SRDSQ, 6.16%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 4,296 | | | | 3,933 | | | | 3,933 | |
7730098.SRDSQ, 6.30%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 1,833 | | | | 1,675 | | | | 1,675 | |
7730116.SRDSQ, 5.91%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 4,166 | | | | 3,827 | | | | 3,827 | |
7730169.SRDSQ, 5.91%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 4,639 | | | | 4,261 | | | | 4,261 | |
7730232.SRDSQ, 5.35%, 10/26/2025 (a)(s)(u) | | Square | | | 4/30/2024 | | | | 49,121 | | | | 45,474 | | | | 45,474 | |
| | | | | | | | | | | | | | | | | | |
Total Small Business Loans (Cost $11,167,387) | | | | | | | | | | | | | 11,167,387 | | | | 11,212,609 | |
| | | | | | | | | | | | | | | | | | |
Student Loans - 0.0% (l) | | | | | | | | | | | | | | | | | | |
| United States - 0.0% (l) | | | | | | | | | | | | | | |
L3283479.SRDUP, 17.33%, 07/22/2027 (a)(s) | | Upstart | | | 7/25/2022 | | | $ | 4,973 | | | $ | 4,973 | | | $ | 5,010 | |
L3291812.SRDUP, 17.77%, 07/22/2027 (a)(s) | | Upstart | | | 7/27/2022 | | | | 3,725 | | | | 3,725 | | | | 3,748 | |
L3300956.SRDUP, 22.06%, 07/27/2027 (a)(s) | | Upstart | | | 8/1/2022 | | | | 5,579 | | | | 5,579 | | | | 5,672 | |
L3320263.SRDUP, 21.57%, 08/03/2027 (a)(p)(s) | | Upstart | | | 8/8/2022 | | | | 2,897 | | | | 2,810 | | | | 258 | |
L3321408.SRDUP, 15.62%, 08/04/2027 (a)(s) | | Upstart | | | 8/9/2022 | | | | 9,875 | | | | 9,655 | | | | 9,901 | |
L3324892.SRDUP, 17.55%, 08/05/2027 (a)(p)(s) | | Upstart | | | 8/10/2022 | | | | 909 | | | | 885 | | | | 911 | |
L3382376.SRDUP, 16.97%, 09/01/2027 (a)(s) | | Upstart | | | 9/7/2022 | | | | 3,228 | | | | 3,154 | | | | 3,227 | |
L3385912.SRDUP, 14.81%, 09/02/2027 (a)(s) | | Upstart | | | 9/8/2022 | | | | 11,376 | | | | 11,093 | | | | 11,381 | |
L3487758.SRDUP, 16.74%, 10/13/2027 (a)(s) | | Upstart | | | 10/18/2022 | | | | 2,943 | | | | 2,874 | | | | 2,944 | |
L3899746.SRDUP, 19.55%, 08/02/2026 (a)(s) | | Upstart | | | 8/7/2023 | | | | 4,127 | | | | 4,110 | | | | 4,039 | |
| | | | | | | | | | | | | | | | | | |
Total Student Loans (Cost $48,858) | | | | | | | | | | | | | 48,858 | | | | 47,091 | |
| | | | | | | | | | | | | | | | | | |
Total Whole Loans (Cost $71,018,465) | | | | | | | | | | | | | | | | | 65,335,937 | |
| | | | | | | | | | | | | | | | | | |
TOTAL INVESTMENTS (Cost $1,156,575,285) - 98.7% | | | | | | | | | | | | | | | 1,162,195,337 | |
| | | | | | | | | | | | | | | | | | |
OTHER ASSETS IN EXCESS OF LIABILITIES - 1.3% | | | | | | | | | | | | | | | 15,280,183 | |
| | | | | | | | | | | | | | | | | | |
TOTAL NET ASSETS - 100.0% | | | | | | | | | | | | | | | | $ | 1,177,475,520 | |
| | | | | | | | | | | | | | | | | | |
Principal amounts stated in U.S. dollars unless otherwise stated.
Percentages are stated as a percent of net assets.
LIBOR - London Interbank Offered Rate
SOFR - Secured Overnight Financing Rate
EUR - Euro
GBP - Great Britian Pound
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
171
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
NZD - New Zealand Dollar
| (a) | Security is fair valued by a third-party valuation specialist pursuant to procedures approved by the Board of Trustees. Value is determined using significant unobservable inputs. |
| (b) | Security is restricted to resale to institutional investors. The aggregate value of these securities is $116,960,122, which represents 9.9% of net assets. |
| (c) | Underlying holdings are consumer loans. |
| (d) | Underlying holdings are mortgages. |
| (e) | All or a portion of the security is pledged as collateral for the Fund’s reverse repurchase agreements. |
| (f) | Country shown is geographic area of peril risk. |
| (g) | Although security is restricted as to resale, the Fund’s Adviser has determined this security to be liquid based upon procedures approved by the Board of Trustees. The aggregate value of these securities at April 30, 2024 was $366,439,472, which represents 31.1% of net assets. |
| (h) | Security is restricted as to resale. |
| (i) | Foreign issued security. Total foreign securities by country of domicile are $448,848,636. Foreign concentration is as follows: Bermuda: 33.0%, Cayman Islands: 1.4%, Singapore: 1.1%, Supranational: 1.1%, Ireland: 1.1%, Hong Kong: 0.2%, and Great Britain: 0.2%. |
| (j) | Value determined using significant unobservable inputs. |
| (k) | Rate shown is the effective yield based on purchase price. The calculation assumes the security is held to maturity. |
| (m) | Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date. |
| (n) | Affiliated company. See Note 3. |
| (o) | Security is fair valued by the Adviser Valuation Committee using an insurance industry model pursuant to procedures approved by the Board of Trustees. The aggregate value of these securities is $55,717,684, which represents 4.7% of net assets. |
| (p) | Non-income producing security. |
| (q) | Rate shown is the 7-day effective yield. |
| (r) | All or a portion of this security is held as collateral for derivative contracts. |
| (s) | Security may be deemed restricted to resale to institutional investors. The aggregate value of these securities is $65,335,937 which represents 5.6% of net assets. |
| (t) | The underlying loans have matured but are still in repayment process. |
| (u) | Rate of return to the Fund is implied based on an 18-month final maturity. |
The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.
Written Options
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
CALL OPTIONS | | | | | | | | | | | | |
Aluminum Future, Expires 05/28/2024 Strike Price $2,725.00 | | | 5 | | | $ | 324,281 | | | $ | 3,219 | |
Aluminum Future, Expires 05/28/2024 Strike Price $2,750.00 | | | 5 | | | | 324,281 | | | | 2,719 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $66.00 | | | 5 | | | | 324,600 | | | | 200 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $66.25 | | | 21 | | | | 1,363,320 | | | | 525 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $66.50 | | | 287 | | | | 18,632,040 | | | | 5,740 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $66.75 | | | 25 | | | | 1,623,000 | | | | 250 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $67.00 | | | 483 | | | | 31,356,360 | | | | 2,415 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $67.25 | | | 50 | | | | 3,246,000 | | | | 250 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $67.50 | | | 352 | | | | 22,851,840 | | | | 1,760 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $67.75 | | | 25 | | | | 1,623,000 | | | | 125 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $68.00 | | | 89 | | | | 5,777,880 | | | | 445 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $68.50 | | | 31 | | | | 2,012,520 | | | | 155 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $69.00 | | | 25 | | | | 1,623,000 | | | | 125 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $66.00 | | | 2 | | | | 129,840 | | | | 660 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $66.50 | | | 106 | | | | 6,881,520 | | | | 22,260 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $67.00 | | | 200 | | | | 12,984,000 | | | | 26,000 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $67.50 | | | 125 | | | | 8,115,000 | | | | 10,000 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $68.00 | | | 50 | | | | 3,246,000 | | | | 2,500 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $68.50 | | | 50 | | | | 3,246,000 | | | | 1,750 | |
British Pound Future, Expires 05/03/2024 Strike Price $126.50 | | | 58 | | | | 4,533,788 | | | | 1,813 | |
British Pound Future, Expires 05/03/2024 Strike Price $127.00 | | | 108 | | | | 8,442,225 | | | | 1,350 | |
British Pound Future, Expires 05/03/2024 Strike Price $127.50 | | | 172 | | | | 13,445,025 | | | | 1,075 | |
British Pound Future, Expires 05/03/2024 Strike Price $128.00 | | | 89 | | | | 6,957,019 | | | | 556 | |
British Pound Future, Expires 05/03/2024 Strike Price $128.25 | | | 25 | | | | 1,954,219 | | | | 156 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
172
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
British Pound Future, Expires 05/03/2024 Strike Price $128.50 | | | 35 | | | $ | 2,735,906 | | | $ | 219 | |
British Pound Future, Expires 05/03/2024 Strike Price $129.00 | | | 160 | | | | 12,507,000 | | | | 1,000 | |
British Pound Future, Expires 05/03/2024 Strike Price $129.50 | | | 219 | | | | 17,118,956 | | | | 1,369 | |
British Pound Future, Expires 05/03/2024 Strike Price $130.00 | | | 132 | | | | 10,318,275 | | | | 825 | |
British Pound Future, Expires 05/03/2024 Strike Price $130.50 | | | 147 | | | | 11,490,806 | | | | 919 | |
British Pound Future, Expires 05/03/2024 Strike Price $131.00 | | | 87 | | | | 6,800,681 | | | | 544 | |
British Pound Future, Expires 05/03/2024 Strike Price $131.50 | | | 42 | | | | 3,283,088 | | | | 263 | |
British Pound Future, Expires 05/03/2024 Strike Price $132.00 | | | 20 | | | | 1,563,375 | | | | 125 | |
British Pound Future, Expires 05/03/2024 Strike Price $133.00 | | | 1 | | | | 78,169 | | | | 6 | |
British Pound Future, Expires 06/07/2024 Strike Price $125.50 | | | 11 | | | | 859,856 | | | | 6,050 | |
British Pound Future, Expires 06/07/2024 Strike Price $126.00 | | | 7 | | | | 547,181 | | | | 2,931 | |
British Pound Future, Expires 06/07/2024 Strike Price $126.50 | | | 14 | | | | 1,094,363 | | | | 4,463 | |
British Pound Future, Expires 06/07/2024 Strike Price $127.00 | | | 70 | | | | 5,471,813 | | | | 16,187 | |
British Pound Future, Expires 06/07/2024 Strike Price $127.50 | | | 160 | | | | 12,507,000 | | | | 27,000 | |
British Pound Future, Expires 06/07/2024 Strike Price $128.00 | | | 230 | | | | 17,978,813 | | | | 27,312 | |
British Pound Future, Expires 06/07/2024 Strike Price $128.50 | | | 138 | | | | 10,787,288 | | | | 12,075 | |
British Pound Future, Expires 06/07/2024 Strike Price $129.00 | | | 138 | | | | 10,787,288 | | | | 8,625 | |
British Pound Future, Expires 06/07/2024 Strike Price $129.50 | | | 50 | | | | 3,908,438 | | | | 2,188 | |
British Pound Future, Expires 06/07/2024 Strike Price $130.00 | | | 25 | | | | 1,954,219 | | | | 781 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $73.00 | | | 25 | | | | 1,818,250 | | | | 2,500 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $73.25 | | | 60 | | | | 4,363,800 | | | | 2,700 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $73.50 | | | 20 | | | | 1,454,600 | | | | 300 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $73.75 | | | 141 | | | | 10,254,930 | | | | 705 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $74.00 | | | 395 | | | | 28,728,350 | | | | 1,975 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $74.25 | | | 115 | | | | 8,363,950 | | | | 575 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $74.50 | | | 636 | | | | 46,256,280 | | | | 3,180 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $75.00 | | | 525 | | | | 38,183,250 | | | | 2,625 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $75.50 | | | 236 | | | | 17,164,280 | | | | 1,180 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $76.00 | | | 11 | | | | 800,030 | | | | 55 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $73.50 | | | 124 | | | | 9,018,520 | | | | 23,560 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $74.00 | | | 279 | | | | 20,291,670 | | | | 25,110 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $74.50 | | | 276 | | | | 20,073,480 | | | | 12,420 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $75.00 | | | 25 | | | | 1,818,250 | | | | 625 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $28.00 | | | 100 | | | | 156,500 | | | | 1,800 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $29.00 | | | 422 | | | | 660,430 | | | | 6,963 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $30.00 | | | 1319 | | | | 2,064,235 | | | | 20,444 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $31.00 | | | 750 | | | | 1,173,750 | | | | 10,875 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $32.00 | | | 612 | | | | 957,780 | | | | 8,262 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $33.00 | | | 324 | | | | 507,060 | | | | 4,050 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $34.00 | | | 349 | | | | 546,185 | | | | 4,014 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $35.00 | | | 323 | | | | 505,495 | | | | 3,230 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $36.00 | | | 330 | | | | 516,450 | | | | 3,135 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $37.00 | | | 120 | | | | 187,800 | | | | 1,140 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $38.00 | | | 124 | | | | 194,060 | | | | 1,116 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $39.00 | | | 114 | | | | 178,410 | | | | 969 | |
CBOE SPX Volatility Index, Expires 05/22/2024 Strike Price $40.00 | | | 62 | | | | 97,030 | | | | 496 | |
Cocoa Future, Expires 05/03/2024 Strike Price $10,050.00 | | | 5 | | | | 464,150 | | | | 4,750 | |
Cocoa Future, Expires 05/03/2024 Strike Price $10,100.00 | | | 5 | | | | 464,150 | | | | 4,350 | |
Cocoa Future, Expires 05/03/2024 Strike Price $10,150.00 | | | 5 | | | | 464,150 | | | | 4,000 | |
Cocoa Future, Expires 05/03/2024 Strike Price $10,200.00 | | | 5 | | | | 464,150 | | | | 3,700 | |
Cocoa Future, Expires 05/03/2024 Strike Price $10,250.00 | | | 5 | | | | 464,150 | | | | 3,400 | |
Cocoa Future, Expires 05/03/2024 Strike Price $10,500.00 | | | 5 | | | | 464,150 | | | | 2,200 | |
Cocoa Future, Expires 05/03/2024 Strike Price $11,000.00 | | | 205 | | | | 19,030,150 | | | | 38,950 | |
Cocoa Future, Expires 06/07/2024 Strike Price $6,700.00 | | | 200 | | | | 18,566,000 | | | | 5,346,000 | |
Cocoa Future, Expires 06/07/2024 Strike Price $6,750.00 | | | 250 | | | | 23,207,500 | | | | 6,572,500 | |
Cocoa Future, Expires 06/07/2024 Strike Price $6,800.00 | | | 200 | | | | 18,566,000 | | | | 5,170,000 | |
Cocoa Future, Expires 06/07/2024 Strike Price $6,900.00 | | | 200 | | | | 18,566,000 | | | | 4,994,000 | |
Cocoa Future, Expires 06/07/2024 Strike Price $7,000.00 | | | 240 | | | | 22,279,200 | | | | 5,786,400 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
173
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
Cocoa Future, Expires 06/07/2024 Strike Price $7,300.00 | | | 200 | | | $ | 18,566,000 | | | $ | 4,322,000 | |
Cocoa Future, Expires 06/07/2024 Strike Price $7,500.00 | | | 200 | | | | 18,566,000 | | | | 4,002,000 | |
Cocoa Future, Expires 06/07/2024 Strike Price $7,900.00 | | | 100 | | | | 9,283,000 | | | | 1,703,000 | |
Cocoa Future, Expires 06/07/2024 Strike Price $8,000.00 | | | 200 | | | | 18,566,000 | | | | 3,266,000 | |
Cocoa Future, Expires 08/30/2024 Strike Price $10,000.00 | | | 100 | | | | 7,348,000 | | | | 649,366 | |
Cocoa Future, Expires 08/30/2024 Strike Price $12,000.00 | | | 100 | | | | 7,348,000 | | | | 374,864 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $262.50 | | | 49 | | | | 3,980,944 | | | | 1,470 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $265.00 | | | 66 | | | | 5,362,088 | | | | 1,485 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $267.50 | | | 50 | | | | 4,062,188 | | | | 937 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $270.00 | | | 43 | | | | 3,493,481 | | | | 645 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $272.50 | | | 24 | | | | 1,949,850 | | | | 360 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $275.00 | | | 20 | | | | 1,624,875 | | | | 225 | |
Coffee ‘C’ Future, Expires 06/12/2024 Strike Price $230.00 | | | 5 | | | | 406,219 | | | | 12,956 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $4,000.00 | | | 200 | | | | 8,042,000 | | | | 470,000 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $4,200.00 | | | 200 | | | | 8,042,000 | | | | 314,000 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $4,300.00 | | | 200 | | | | 8,042,000 | | | | 254,000 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $4,400.00 | | | 200 | | | | 8,042,000 | | | | 206,000 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $4,500.00 | | | 200 | | | | 8,042,000 | | | | 166,000 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $4,700.00 | | | 200 | | | | 8,042,000 | | | | 106,000 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $5,000.00 | | | 300 | | | | 12,063,000 | | | | 81,000 | |
Cotton Future, Expires 06/07/2024 Strike Price $88.00 | | | 5 | | | | 196,075 | | | | 1,400 | |
Crude Oil Future, Expires 05/16/2024 Strike Price $85.50 | | | 5 | | | | 409,650 | | | | 2,200 | |
Crude Oil Future, Expires 05/16/2024 Strike Price $101.00 | | | 17 | | | | 1,392,810 | | | | 510 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $90.50 | | | 5 | | | | 431,650 | | | | 3,150 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $91.75 | | | 5 | | | | 431,650 | | | | 2,250 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $92.00 | | | 150 | | | | 12,949,500 | | | | 63,000 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $92.25 | | | 99 | | | | 8,546,670 | | | | 38,610 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $92.50 | | | 151 | | | | 13,035,830 | | | | 55,870 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $92.75 | | | 136 | | | | 11,740,880 | | | | 47,600 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $93.00 | | | 186 | | | | 16,057,380 | | | | 61,380 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $93.25 | | | 74 | | | | 6,388,420 | | | | 22,940 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $93.50 | | | 168 | | | | 14,503,440 | | | | 48,720 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $93.75 | | | 31 | | | | 2,676,230 | | | | 8,680 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $94.00 | | | 125 | | | | 10,791,250 | | | | 32,500 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $94.25 | | | 59 | | | | 5,093,470 | | | | 14,750 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $94.50 | | | 71 | | | | 6,129,430 | | | | 17,040 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $94.75 | | | 25 | | | | 2,158,250 | | | | 5,750 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $95.00 | | | 51 | | | | 4,402,830 | | | | 11,220 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $95.25 | | | 50 | | | | 4,316,500 | | | | 10,500 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $95.50 | | | 30 | | | | 2,589,900 | | | | 6,000 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $96.50 | | | 50 | | | | 4,316,500 | | | | 8,500 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.0900 | | | 228 | | | | 30,495,000 | | | | 2,850 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.0950 | | | 244 | | | | 32,635,000 | | | | 1,525 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.0975 | | | 7 | | | | 936,250 | | | | 44 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.1000 | | | 88 | | | | 11,770,000 | | | | 550 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.1050 | | | 195 | | | | 26,081,250 | | | | 1,219 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.1100 | | | 177 | | | | 23,673,750 | | | | 1,106 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.1150 | | | 51 | | | | 6,821,250 | | | | 319 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.1200 | | | 4 | | | | 535,000 | | | | 25 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0800 | | | 27 | | | | 3,611,250 | | | | 14,175 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0850 | | | 25 | | | | 3,343,750 | | | | 9,062 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0900 | | | 50 | | | | 6,687,500 | | | | 11,875 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0950 | | | 95 | | | | 12,706,250 | | | | 14,250 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.1100 | | | 50 | | | | 6,687,500 | | | | 1,875 | |
Gold Future, Expires 05/28/2024 Strike Price $2,460.00 | | | 13 | | | | 2,993,770 | | | | 5,460 | |
Gold Future, Expires 05/28/2024 Strike Price $2,465.00 | | | 20 | | | | 4,605,800 | | | | 7,800 | |
Gold Future, Expires 05/28/2024 Strike Price $2,470.00 | | | 47 | | | | 10,823,630 | | | | 16,920 | |
Gold Future, Expires 05/28/2024 Strike Price $2,475.00 | | | 60 | | | | 13,817,400 | | | | 20,400 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
174
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
Gold Future, Expires 05/28/2024 Strike Price $2,480.00 | | | 66 | | | $ | 15,199,140 | | | $ | 20,460 | |
Gold Future, Expires 05/28/2024 Strike Price $2,485.00 | | | 74 | | | | 17,041,460 | | | | 21,460 | |
Gold Future, Expires 05/28/2024 Strike Price $2,490.00 | | | 110 | | | | 25,331,900 | | | | 29,700 | |
Gold Future, Expires 05/28/2024 Strike Price $2,495.00 | | | 102 | | | | 23,489,580 | | | | 25,500 | |
Gold Future, Expires 05/28/2024 Strike Price $2,500.00 | | | 53 | | | | 12,205,370 | | | | 12,720 | |
Gold Future, Expires 05/28/2024 Strike Price $2,505.00 | | | 50 | | | | 11,514,500 | | | | 11,000 | |
Gold Future, Expires 05/28/2024 Strike Price $2,510.00 | | | 78 | | | | 17,962,620 | | | | 16,380 | |
Gold Future, Expires 05/28/2024 Strike Price $2,515.00 | | | 48 | | | | 11,053,920 | | | | 9,120 | |
Gold Future, Expires 05/28/2024 Strike Price $2,520.00 | | | 39 | | | | 8,981,310 | | | | 7,020 | |
Gold Future, Expires 05/28/2024 Strike Price $2,525.00 | | | 49 | | | | 11,284,210 | | | | 8,330 | |
Gold Future, Expires 05/28/2024 Strike Price $2,530.00 | | | 17 | | | | 3,914,930 | | | | 2,720 | |
Gold Future, Expires 05/28/2024 Strike Price $2,535.00 | | | 19 | | | | 4,375,510 | | | | 2,850 | |
Gold Future, Expires 05/28/2024 Strike Price $2,540.00 | | | 20 | | | | 4,605,800 | | | | 2,800 | |
Gold Future, Expires 05/28/2024 Strike Price $2,545.00 | | | 8 | | | | 1,842,320 | | | | 1,040 | |
Gold Future, Expires 06/25/2024 Strike Price $2,460.00 | | | 5 | | | | 1,162,350 | | | | 7,350 | |
HG Copper Future, Expires 05/28/2024 Strike Price $467.00 | | | 5 | | | | 570,563 | | | | 10,563 | |
HG Copper Future, Expires 05/28/2024 Strike Price $470.00 | | | 5 | | | | 570,563 | | | | 9,375 | |
HG Copper Future, Expires 05/28/2024 Strike Price $471.00 | | | 73 | | | | 8,330,213 | | | | 131,400 | |
HG Copper Future, Expires 05/28/2024 Strike Price $472.00 | | | 73 | | | | 8,330,213 | | | | 126,837 | |
HG Copper Future, Expires 05/28/2024 Strike Price $473.00 | | | 46 | | | | 5,249,175 | | | | 76,475 | |
HG Copper Future, Expires 05/28/2024 Strike Price $474.00 | | | 53 | | | | 6,047,963 | | | | 84,800 | |
HG Copper Future, Expires 05/28/2024 Strike Price $475.00 | | | 89 | | | | 10,156,013 | | | | 136,837 | |
HG Copper Future, Expires 05/28/2024 Strike Price $476.00 | | | 15 | | | | 1,711,688 | | | | 22,125 | |
HG Copper Future, Expires 05/28/2024 Strike Price $477.00 | | | 32 | | | | 3,651,600 | | | | 45,600 | |
HG Copper Future, Expires 05/28/2024 Strike Price $480.00 | | | 97 | | | | 11,068,913 | | | | 121,250 | |
HG Copper Future, Expires 05/28/2024 Strike Price $481.00 | | | 5 | | | | 570,563 | | | | 5,863 | |
HG Copper Future, Expires 05/28/2024 Strike Price $482.00 | | | 10 | | | | 1,141,125 | | | | 11,664 | |
HG Copper Future, Expires 05/28/2024 Strike Price $483.00 | | | 28 | | | | 3,195,150 | | | | 32,721 | |
HG Copper Future, Expires 05/28/2024 Strike Price $484.00 | | | 28 | | | | 3,195,150 | | | | 31,446 | |
HG Copper Future, Expires 05/28/2024 Strike Price $485.00 | | | 46 | | | | 5,249,175 | | | | 47,150 | |
HG Copper Future, Expires 05/28/2024 Strike Price $486.00 | | | 16 | | | | 1,825,800 | | | | 16,100 | |
HG Copper Future, Expires 05/28/2024 Strike Price $487.00 | | | 18 | | | | 2,054,025 | | | | 17,407 | |
HG Copper Future, Expires 05/28/2024 Strike Price $488.00 | | | 31 | | | | 3,537,488 | | | | 29,864 | |
HG Copper Future, Expires 05/28/2024 Strike Price $490.00 | | | 98 | | | | 11,183,025 | | | | 80,850 | |
HG Copper Future, Expires 05/28/2024 Strike Price $495.00 | | | 52 | | | | 5,933,850 | | | | 35,100 | |
HG Copper Future, Expires 05/28/2024 Strike Price $500.00 | | | 47 | | | | 5,363,288 | | | | 25,850 | |
HG Copper Future, Expires 05/28/2024 Strike Price $505.00 | | | 30 | | | | 3,423,375 | | | | 13,500 | |
HG Copper Future, Expires 05/28/2024 Strike Price $510.00 | | | 6 | | | | 684,675 | | | | 2,175 | |
HG Copper Future, Expires 06/25/2024 Strike Price $520.00 | | | 19 | | | | 2,168,138 | | | | 16,625 | |
HG Copper Future, Expires 06/25/2024 Strike Price $525.00 | | | 32 | | | | 3,651,600 | | | | 24,800 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $64.50 | | | 112 | | | | 8,944,600 | | | | 22,400 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $64.75 | | | 131 | | | | 10,461,988 | | | | 19,650 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $65.00 | | | 150 | | | | 11,979,375 | | | | 16,875 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $66.50 | | | 14 | | | | 1,118,075 | | | | 350 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $66.75 | | | 25 | | | | 1,996,563 | | | | 469 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $67.00 | | | 104 | | | | 8,305,700 | | | | 1,950 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $67.25 | | | 113 | | | | 9,024,463 | | | | 1,412 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $67.50 | | | 239 | | | | 19,087,138 | | | | 1,494 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $67.75 | | | 21 | | | | 1,677,113 | | | | 131 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $68.00 | | | 83 | | | | 6,628,588 | | | | 519 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $68.25 | | | 12 | | | | 958,350 | | | | 75 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $68.50 | | | 57 | | | | 4,552,163 | | | | 356 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $69.00 | | | 44 | | | | 3,513,950 | | | | 275 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $69.50 | | | 183 | | | | 14,614,838 | | | | 1,144 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $70.00 | | | 129 | | | | 10,302,263 | | | | 806 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $70.50 | | | 90 | | | | 7,187,625 | | | | 563 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $71.00 | | | 50 | | | | 3,993,125 | | | | 313 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $71.50 | | | 9 | | | | 718,763 | | | | 56 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
175
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $72.00 | | | 1 | | | $ | 79,863 | | | $ | 6 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $66.00 | | | 4 | | | | 319,450 | | | | 1,300 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $66.50 | | | 1 | | | | 79,863 | | | | 250 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $67.50 | | | 140 | | | | 11,180,750 | | | | 21,000 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $68.00 | | | 57 | | | | 4,552,163 | | | | 7,125 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $68.50 | | | 27 | | | | 2,156,288 | | | | 2,700 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $69.00 | | | 23 | | | | 1,836,838 | | | | 1,725 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $69.50 | | | 6 | | | | 479,175 | | | | 375 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $109.00 | | | 25 | | | | 1,024,800 | | | | 9,250 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $110.00 | | | 50 | | | | 2,049,600 | | | | 15,500 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $111.00 | | | 175 | | | | 7,173,600 | | | | 45,500 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $112.00 | | | 225 | | | | 9,223,200 | | | | 47,250 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $113.00 | | | 169 | | | | 6,927,648 | | | | 28,730 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $114.00 | | | 76 | | | | 3,115,392 | | | | 10,640 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $115.00 | | | 67 | | | | 2,746,464 | | | | 8,040 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $116.00 | | | 28 | | | | 1,147,776 | | | | 2,800 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $117.00 | | | 11 | | | | 450,912 | | | | 990 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $176.00 | | | 25 | | | | 1,749,800 | | | | 9,750 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $178.00 | | | 175 | | | | 12,248,600 | | | | 28,000 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $179.00 | | | 175 | | | | 12,248,600 | | | | 17,500 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $180.00 | | | 117 | | | | 8,189,064 | | | | 8,190 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $181.00 | | | 125 | | | | 8,749,000 | | | | 5,000 | |
Live Cattle Future, Expires 06/07/2024 Strike Price $184.00 | | | 30 | | | | 2,099,760 | | | | 12,000 | |
Live Cattle Future, Expires 06/07/2024 Strike Price $188.00 | | | 10 | | | | 699,920 | | | | 2,000 | |
Live Cattle Future, Expires 06/07/2024 Strike Price $189.00 | | | 25 | | | | 1,749,800 | | | | 4,250 | |
Live Cattle Future, Expires 06/07/2024 Strike Price $190.00 | | | 25 | | | | 1,749,800 | | | | 3,500 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.95 | | | 221 | | | | 4,397,900 | | | | 313,599 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $2.00 | | | 684 | | | | 13,611,600 | | | | 802,332 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $2.05 | | | 845 | | | | 16,815,500 | | | | 813,735 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $2.10 | | | 735 | | | | 14,626,500 | | | | 576,240 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $2.15 | | | 659 | | | | 13,114,100 | | | | 417,147 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $2.20 | | | 160 | | | | 3,184,000 | | | | 81,280 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $2.30 | | | 5 | | | | 99,500 | | | | 1,600 | |
Natural Gas Future, Expires 06/25/2024 Strike Price $2.35 | | | 402 | | | | 9,326,400 | | | | 619,884 | |
Natural Gas Future, Expires 06/25/2024 Strike Price $2.40 | | | 422 | | | | 9,790,400 | | | | 565,058 | |
Natural Gas Future, Expires 06/25/2024 Strike Price $2.45 | | | 382 | | | | 8,862,400 | | | | 442,738 | |
Natural Gas Future, Expires 06/25/2024 Strike Price $2.50 | | | 103 | | | | 2,389,600 | | | | 103,000 | |
Silver Future, Expires 05/28/2024 Strike Price $29.25 | | | 15 | | | | 1,998,750 | | | | 12,000 | |
Silver Future, Expires 05/28/2024 Strike Price $29.50 | | | 14 | | | | 1,865,500 | | | | 9,800 | |
Silver Future, Expires 05/28/2024 Strike Price $29.75 | | | 6 | | | | 799,500 | | | | 3,720 | |
Silver Future, Expires 05/28/2024 Strike Price $30.00 | | | 35 | | | | 4,663,750 | | | | 19,250 | |
Silver Future, Expires 05/28/2024 Strike Price $30.25 | | | 50 | | | | 6,662,500 | | | | 24,500 | |
Silver Future, Expires 05/28/2024 Strike Price $30.50 | | | 73 | | | | 9,727,250 | | | | 32,120 | |
Silver Future, Expires 05/28/2024 Strike Price $30.75 | | | 36 | | | | 4,797,000 | | | | 14,400 | |
Silver Future, Expires 05/28/2024 Strike Price $31.00 | | | 49 | | | | 6,529,250 | | | | 17,640 | |
Silver Future, Expires 05/28/2024 Strike Price $31.25 | | | 32 | | | | 4,264,000 | | | | 10,560 | |
Silver Future, Expires 05/28/2024 Strike Price $31.50 | | | 11 | | | | 1,465,750 | | | | 3,355 | |
Silver Future, Expires 05/28/2024 Strike Price $31.75 | | | 24 | | | | 3,198,000 | | | | 6,720 | |
Silver Future, Expires 05/28/2024 Strike Price $32.00 | | | 14 | | | | 1,865,500 | | | | 3,640 | |
Silver Future, Expires 06/25/2024 Strike Price $32.75 | | | 4 | | | | 533,000 | | | | 2,180 | |
Silver Future, Expires 06/25/2024 Strike Price $33.00 | | | 10 | | | | 1,332,500 | | | | 5,100 | |
Silver Future, Expires 06/25/2024 Strike Price $33.25 | | | 45 | | | | 5,996,250 | | | | 21,600 | |
Silver Future, Expires 06/25/2024 Strike Price $33.50 | | | 5 | | | | 666,250 | | | | 2,250 | |
Silver Future, Expires 06/25/2024 Strike Price $33.75 | | | 16 | | | | 2,132,000 | | | | 6,800 | |
Silver Future, Expires 06/25/2024 Strike Price $34.00 | | | 7 | | | | 932,750 | | | | 2,835 | |
Silver Future, Expires 06/25/2024 Strike Price $34.25 | | | 3 | | | | 399,750 | | | | 1,155 | |
Soybean Future, Expires 05/24/2024 Strike Price $1,330.00 | | | 1 | | | | 58,150 | | | | 19 | |
Soybean Future, Expires 05/24/2024 Strike Price $1,350.00 | | | 8 | | | | 465,200 | | | | 100 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
176
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $365.00 | | | 5 | | | $ | 175,950 | | | $ | 2,225 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $48.50 | | | 4 | | | | 103,224 | | | | 360 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $49.00 | | | 70 | | | | 1,806,420 | | | | 5,250 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $49.50 | | | 49 | | | | 1,264,494 | | | | 3,234 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $50.00 | | | 56 | | | | 1,445,136 | | | | 3,192 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $50.50 | | | 49 | | | | 1,264,494 | | | | 2,499 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $51.00 | | | 57 | | | | 1,470,942 | | | | 2,565 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $51.50 | | | 37 | | | | 954,822 | | | | 1,443 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $52.00 | | | 19 | | | | 490,314 | | | | 627 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $52.50 | | | 32 | | | | 825,792 | | | | 960 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $53.00 | | | 11 | | | | 283,866 | | | | 297 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $53.50 | | | 15 | | | | 387,090 | | | | 360 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $54.00 | | | 16 | | | | 412,896 | | | | 336 | |
| | | | | | | | | | | | |
TOTAL CALL OPTIONS
(Premiums Received $22,891,895) | | | | | | | | | | | 51,434,258 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
| | | |
PUT OPTIONS | | | | | | | | | | | | |
Aluminum Future, Expires 05/28/2024 Strike Price $2,450.00 | | | 5 | | | | 324,281 | | | | 1,594 | |
Aluminum Future, Expires 05/28/2024 Strike Price $2,475.00 | | | 5 | | | | 324,281 | | | | 2,219 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $64.00 | | | 87 | | | | 5,648,040 | | | | 5,220 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $64.50 | | | 271 | | | | 17,593,320 | | | | 43,360 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $64.75 | | | 3 | | | | 194,760 | | | | 720 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $65.00 | | | 286 | | | | 18,567,120 | | | | 100,100 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $65.25 | | | 25 | | | | 1,623,000 | | | | 12,500 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $65.50 | | | 410 | | | | 26,617,200 | | | | 278,800 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $65.75 | | | 25 | | | | 1,623,000 | | | | 22,250 | |
Australian Dollar Future, Expires 05/03/2024 Strike Price $66.00 | | | 193 | | | | 12,529,560 | | | | 216,160 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $63.00 | | | 75 | | | | 4,869,000 | | | | 14,250 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $63.50 | | | 212 | | | | 13,763,040 | | | | 59,360 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $64.00 | | | 176 | | | | 11,425,920 | | | | 72,160 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $64.50 | | | 117 | | | | 7,595,640 | | | | 67,860 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $65.00 | | | 115 | | | | 7,465,800 | | | | 92,000 | |
Australian Dollar Future, Expires 06/07/2024 Strike Price $65.50 | | | 25 | | | | 1,623,000 | | | | 27,000 | |
British Pound Future, Expires 05/03/2024 Strike Price $123.50 | | | 16 | | | | 1,250,700 | | | | 500 | |
British Pound Future, Expires 05/03/2024 Strike Price $124.00 | | | 25 | | | | 1,954,219 | | | | 1,719 | |
British Pound Future, Expires 05/03/2024 Strike Price $124.50 | | | 75 | | | | 5,862,656 | | | | 10,781 | |
British Pound Future, Expires 05/03/2024 Strike Price $125.00 | | | 247 | | | | 19,307,681 | | | | 64,838 | |
British Pound Future, Expires 05/03/2024 Strike Price $125.50 | | | 375 | | | | 29,313,281 | | | | 164,062 | |
British Pound Future, Expires 05/03/2024 Strike Price $125.75 | | | 25 | | | | 1,954,219 | | | | 13,594 | |
British Pound Future, Expires 05/03/2024 Strike Price $126.00 | | | 257 | | | | 20,089,369 | | | | 170,262 | |
British Pound Future, Expires 05/03/2024 Strike Price $126.25 | | | 25 | | | | 1,954,219 | | | | 19,687 | |
British Pound Future, Expires 05/03/2024 Strike Price $126.50 | | | 108 | | | | 8,442,225 | | | | 99,900 | |
British Pound Future, Expires 05/03/2024 Strike Price $127.00 | | | 83 | | | | 6,488,006 | | | | 101,156 | |
British Pound Future, Expires 05/03/2024 Strike Price $127.50 | | | 125 | | | | 9,771,094 | | | | 190,625 | |
British Pound Future, Expires 06/07/2024 Strike Price $120.00 | | | 25 | | | | 1,954,219 | | | | 1,094 | |
British Pound Future, Expires 06/07/2024 Strike Price $120.50 | | | 25 | | | | 1,954,219 | | | | 1,406 | |
British Pound Future, Expires 06/07/2024 Strike Price $121.50 | | | 25 | | | | 1,954,219 | | | | 2,500 | |
British Pound Future, Expires 06/07/2024 Strike Price $122.00 | | | 7 | | | | 547,181 | | | | 963 | |
British Pound Future, Expires 06/07/2024 Strike Price $122.50 | | | 25 | | | | 1,954,219 | | | | 4,688 | |
British Pound Future, Expires 06/07/2024 Strike Price $123.00 | | | 54 | | | | 4,221,113 | | | | 13,162 | |
British Pound Future, Expires 06/07/2024 Strike Price $123.50 | | | 93 | | | | 7,269,694 | | | | 29,644 | |
British Pound Future, Expires 06/07/2024 Strike Price $124.00 | | | 112 | | | | 8,754,900 | | | | 45,500 | |
British Pound Future, Expires 06/07/2024 Strike Price $124.50 | | | 125 | | | | 9,771,094 | | | | 64,844 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $71.50 | | | 35 | | | | 2,545,550 | | | | 175 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $72.00 | | | 58 | | | | 4,218,340 | | | | 1,740 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $72.25 | | | 100 | | | | 7,273,000 | | | | 6,000 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $72.50 | | | 120 | | | | 8,727,600 | | | | 14,400 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
177
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $72.75 | | | 200 | | | $ | 14,546,000 | | | $ | 46,000 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $73.00 | | | 425 | | | | 30,910,250 | | | | 161,500 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $73.25 | | | 75 | | | | 5,454,750 | | | | 42,750 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $73.50 | | | 542 | | | | 39,419,660 | | | | 428,180 | |
Canadian Dollar Future, Expires 05/03/2024 Strike Price $74.00 | | | 207 | | | | 15,055,110 | | | | 262,890 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $71.00 | | | 1 | | | | 72,730 | | | | 70 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $72.00 | | | 135 | | | | 9,818,550 | | | | 32,400 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $72.50 | | | 220 | | | | 16,000,600 | | | | 88,000 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $73.00 | | | 213 | | | | 15,491,490 | | | | 136,320 | |
Canadian Dollar Future, Expires 06/07/2024 Strike Price $73.50 | | | 75 | | | | 5,454,750 | | | | 72,000 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,900.00 | | | 25 | | | | 12,589,225 | | | | 7,562 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,910.00 | | | 50 | | | | 25,178,450 | | | | 18,750 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,920.00 | | | 98 | | | | 49,349,762 | | | | 46,550 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,925.00 | | | 121 | | | | 60,931,849 | | | | 64,130 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,930.00 | | | 48 | | | | 24,171,312 | | | | 28,800 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,940.00 | | | 170 | | | | 85,606,730 | | | | 126,650 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,945.00 | | | 91 | | | | 45,824,779 | | | | 75,530 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,950.00 | | | 114 | | | | 57,406,866 | | | | 104,880 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,955.00 | | | 89 | | | | 44,817,641 | | | | 90,335 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,960.00 | | | 90 | | | | 45,321,210 | | | | 100,800 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,965.00 | | | 52 | | | | 26,185,588 | | | | 63,960 | |
CBOE S&P 500 Index, Expires 05/03/2024 Strike Price $4,970.00 | | | 3 | | | | 1,510,707 | | | | 4,155 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $200.00 | | | 19 | | | | 1,543,631 | | | | 4,845 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $205.00 | | | 13 | | | | 1,056,169 | | | | 6,581 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $207.50 | | | 72 | | | | 5,849,550 | | | | 50,760 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $210.00 | | | 63 | | | | 5,118,356 | | | | 60,480 | |
Coffee ‘C’ Future, Expires 05/10/2024 Strike Price $212.50 | | | 70 | | | | 5,687,063 | | | | 90,037 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $3,700.00 | | | 100 | | | | 4,021,000 | | | | 87,000 | |
Coffee Robusta, Expires 06/19/2024 Strike Price $3,800.00 | | | 100 | | | | 4,021,000 | | | | 121,000 | |
Cotton Future, Expires 06/07/2024 Strike Price $75.00 | | | 5 | | | | 196,075 | | | | 3,300 | |
Crude Oil Future, Expires 05/16/2024 Strike Price $70.00 | | | 25 | | | | 2,048,250 | | | | 1,750 | |
Crude Oil Future, Expires 05/16/2024 Strike Price $78.00 | | | 5 | | | | 409,650 | | | | 2,300 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $79.25 | | | 6 | | | | 517,980 | | | | 1,980 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $79.50 | | | 96 | | | | 8,287,680 | | | | 33,600 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $79.75 | | | 23 | | | | 1,985,590 | | | | 8,510 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $80.00 | | | 67 | | | | 5,784,110 | | | | 26,130 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $80.25 | | | 54 | | | | 4,661,820 | | | | 22,680 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $80.50 | | | 154 | | | | 13,294,820 | | | | 67,760 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $80.75 | | | 46 | | | | 3,971,180 | | | | 21,620 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $81.00 | | | 138 | | | | 11,913,540 | | | | 69,000 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $81.25 | | | 158 | | | | 13,640,140 | | | | 83,740 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $81.50 | | | 193 | | | | 16,661,690 | | | | 110,010 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $81.75 | | | 147 | | | | 12,690,510 | | | | 89,670 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $82.00 | | | 171 | | | | 14,762,430 | | | | 111,150 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $82.25 | | | 101 | | | | 8,719,330 | | | | 69,690 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $82.50 | | | 32 | | | | 2,762,560 | | | | 23,680 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $82.75 | | | 41 | | | | 3,539,530 | | | | 32,390 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $83.00 | | | 25 | | | | 2,158,250 | | | | 21,000 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $83.25 | | | 75 | | | | 6,474,750 | | | | 67,500 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $83.50 | | | 66 | | | | 5,697,780 | | | | 63,360 | |
Crude Oil Future, Expires 05/28/2024 Strike Price $83.75 | | | 50 | | | | 4,316,500 | | | | 51,500 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.0700 | | | 52 | | | | 6,955,000 | | | | 24,050 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.0750 | | | 244 | | | | 32,635,000 | | | | 204,350 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.0800 | | | 373 | | | | 49,888,750 | | | | 498,887 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.0850 | | | 280 | | | | 37,450,000 | | | | 539,000 | |
Euro FX Future, Expires 05/03/2024 Strike Price $1.0900 | | | 19 | | | | 2,541,250 | | | | 47,975 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0600 | | | 39 | | | | 5,216,250 | | | | 21,938 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0650 | | | 11 | | | | 1,471,250 | | | | 8,525 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
178
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0700 | | | 71 | | | $ | 9,496,250 | | | $ | 74,550 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0750 | | | 183 | | | | 24,476,250 | | | | 253,912 | |
Euro FX Future, Expires 06/07/2024 Strike Price $1.0800 | | | 80 | | | | 10,700,000 | | | | 143,000 | |
Gold Future, Expires 05/28/2024 Strike Price $2,050.00 | | | 11 | | | | 2,533,190 | | | | 550 | |
Gold Future, Expires 05/28/2024 Strike Price $2,165.00 | | | 16 | | | | 3,684,640 | | | | 4,640 | |
Gold Future, Expires 05/28/2024 Strike Price $2,180.00 | | | 25 | | | | 5,757,250 | | | | 10,000 | |
Gold Future, Expires 05/28/2024 Strike Price $2,195.00 | | | 14 | | | | 3,224,060 | | | | 7,700 | |
Gold Future, Expires 05/28/2024 Strike Price $2,200.00 | | | 30 | | | | 6,908,700 | | | | 18,300 | |
Gold Future, Expires 05/28/2024 Strike Price $2,205.00 | | | 32 | | | | 7,369,280 | | | | 21,760 | |
Gold Future, Expires 05/28/2024 Strike Price $2,210.00 | | | 43 | | | | 9,902,470 | | | | 32,250 | |
Gold Future, Expires 05/28/2024 Strike Price $2,215.00 | | | 64 | | | | 14,738,560 | | | | 53,120 | |
Gold Future, Expires 05/28/2024 Strike Price $2,220.00 | | | 100 | | | | 23,029,000 | | | | 92,000 | |
Gold Future, Expires 05/28/2024 Strike Price $2,225.00 | | | 87 | | | | 20,035,230 | | | | 88,740 | |
Gold Future, Expires 05/28/2024 Strike Price $2,230.00 | | | 79 | | | | 18,192,910 | | | | 89,270 | |
Gold Future, Expires 05/28/2024 Strike Price $2,235.00 | | | 61 | | | | 14,047,690 | | | | 75,640 | |
Gold Future, Expires 05/28/2024 Strike Price $2,240.00 | | | 75 | | | | 17,271,750 | | | | 102,000 | |
Gold Future, Expires 05/28/2024 Strike Price $2,245.00 | | | 68 | | | | 15,659,720 | | | | 102,680 | |
Gold Future, Expires 06/25/2024 Strike Price $2,255.00 | | | 5 | | | | 1,162,350 | | | | 11,400 | |
HG Copper Future, Expires 05/28/2024 Strike Price $403.00 | | | 5 | | | | 570,563 | | | | 625 | |
HG Copper Future, Expires 05/28/2024 Strike Price $408.00 | | | 5 | | | | 570,563 | | | | 813 | |
HG Copper Future, Expires 05/28/2024 Strike Price $409.00 | | | 5 | | | | 570,563 | | | | 875 | |
HG Copper Future, Expires 05/28/2024 Strike Price $410.00 | | | 5 | | | | 570,563 | | | | 938 | |
HG Copper Future, Expires 05/28/2024 Strike Price $411.00 | | | 5 | | | | 570,563 | | | | 1,000 | |
HG Copper Future, Expires 05/28/2024 Strike Price $412.00 | | | 30 | | | | 3,423,375 | | | | 6,375 | |
HG Copper Future, Expires 05/28/2024 Strike Price $413.00 | | | 6 | | | | 684,675 | | | | 1,350 | |
HG Copper Future, Expires 05/28/2024 Strike Price $414.00 | | | 30 | | | | 3,423,375 | | | | 7,500 | |
HG Copper Future, Expires 05/28/2024 Strike Price $417.00 | | | 10 | | | | 1,141,125 | | | | 3,000 | |
HG Copper Future, Expires 05/28/2024 Strike Price $418.00 | | | 15 | | | | 1,711,688 | | | | 4,875 | |
HG Copper Future, Expires 05/28/2024 Strike Price $419.00 | | | 41 | | | | 4,678,613 | | | | 13,837 | |
HG Copper Future, Expires 05/28/2024 Strike Price $420.00 | | | 31 | | | | 3,537,488 | | | | 11,238 | |
HG Copper Future, Expires 05/28/2024 Strike Price $422.00 | | | 30 | | | | 3,423,375 | | | | 12,750 | |
HG Copper Future, Expires 05/28/2024 Strike Price $423.00 | | | 10 | | | | 1,141,125 | | | | 4,164 | |
HG Copper Future, Expires 05/28/2024 Strike Price $424.00 | | | 21 | | | | 2,396,363 | | | | 10,238 | |
HG Copper Future, Expires 05/28/2024 Strike Price $425.00 | | | 55 | | | | 6,276,188 | | | | 28,187 | |
HG Copper Future, Expires 05/28/2024 Strike Price $426.00 | | | 48 | | | | 5,477,400 | | | | 26,400 | |
HG Copper Future, Expires 05/28/2024 Strike Price $427.00 | | | 60 | | | | 6,846,750 | | | | 35,250 | |
HG Copper Future, Expires 05/28/2024 Strike Price $428.00 | | | 97 | | | | 11,068,913 | | | | 61,837 | |
HG Copper Future, Expires 05/28/2024 Strike Price $429.00 | | | 101 | | | | 11,525,363 | | | | 68,175 | |
HG Copper Future, Expires 05/28/2024 Strike Price $430.00 | | | 77 | | | | 8,786,663 | | | | 55,825 | |
HG Copper Future, Expires 05/28/2024 Strike Price $431.00 | | | 109 | | | | 12,438,263 | | | | 84,475 | |
HG Copper Future, Expires 05/28/2024 Strike Price $432.00 | | | 99 | | | | 11,297,138 | | | | 81,675 | |
HG Copper Future, Expires 05/28/2024 Strike Price $433.00 | | | 50 | | | | 5,705,625 | | | | 43,750 | |
HG Copper Future, Expires 05/28/2024 Strike Price $434.00 | | | 75 | | | | 8,558,438 | | | | 70,312 | |
HG Copper Future, Expires 05/28/2024 Strike Price $435.00 | | | 26 | | | | 2,966,925 | | | | 26,000 | |
HG Copper Future, Expires 05/28/2024 Strike Price $436.00 | | | 50 | | | | 5,705,625 | | | | 53,125 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $63.25 | | | 21 | | | | 1,677,113 | | | | 3,413 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $63.75 | | | 12 | | | | 958,350 | | | | 4,200 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $64.75 | | | 46 | | | | 3,673,675 | | | | 56,350 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $65.00 | | | 28 | | | | 2,236,150 | | | | 42,000 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $65.25 | | | 1 | | | | 79,863 | | | | 1,788 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $65.50 | | | 128 | | | | 10,222,400 | | | | 267,200 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $65.75 | | | 42 | | | | 3,354,225 | | | | 99,750 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $66.00 | | | 214 | | | | 17,090,575 | | | | 572,450 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $66.25 | | | 50 | | | | 3,993,125 | | | | 149,375 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $66.50 | | | 100 | | | | 7,986,250 | | | | 328,750 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $67.00 | | | 147 | | | | 11,739,788 | | | | 575,137 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $67.50 | | | 161 | | | | 12,857,863 | | | | 728,525 | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $68.00 | | | 116 | | | | 9,264,050 | | | | 597,400 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
179
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
Japanese Yen Future, Expires 05/03/2024 Strike Price $68.50 | | | 51 | | | $ | 4,072,988 | | | $ | 293,887 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $62.00 | | | 7 | | | | 559,038 | | | | 2,013 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $63.00 | | | 2 | | | | 159,725 | | | | 1,175 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $63.50 | | | 15 | | | | 1,197,938 | | | | 12,375 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $64.00 | | | 52 | | | | 4,152,850 | | | | 59,150 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $64.50 | | | 55 | | | | 4,392,438 | | | | 83,187 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $65.00 | | | 71 | | | | 5,670,238 | | | | 138,450 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $65.50 | | | 93 | | | | 7,427,213 | | | | 225,525 | |
Japanese Yen Future, Expires 06/07/2024 Strike Price $66.00 | | | 135 | | | | 10,781,438 | | | | 398,250 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $89.00 | | | 50 | | | | 2,049,600 | | | | 5,000 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $90.00 | | | 75 | | | | 3,074,400 | | | | 9,000 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $91.00 | | | 75 | | | | 3,074,400 | | | | 11,250 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $92.00 | | | 125 | | | | 5,124,000 | | | | 22,500 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $93.00 | | | 125 | | | | 5,124,000 | | | | 26,250 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $94.00 | | | 100 | | | | 4,099,200 | | | | 25,000 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $95.00 | | | 86 | | | | 3,525,312 | | | | 25,800 | |
Lean Hogs Future, Expires 06/18/2024 Strike Price $102.00 | | | 5 | | | | 204,960 | | | | 5,550 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $160.00 | | | 25 | | | | 1,749,800 | | | | 500 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $164.00 | | | 75 | | | | 5,249,400 | | | | 2,250 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $165.00 | | | 25 | | | | 1,749,800 | | | | 1,000 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $166.00 | | | 25 | | | | 1,749,800 | | | | 1,250 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $167.00 | | | 150 | | | | 10,498,800 | | | | 9,000 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $168.00 | | | 135 | | | | 9,448,920 | | | | 10,800 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $169.00 | | | 100 | | | | 6,999,200 | | | | 10,000 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $170.00 | | | 25 | | | | 1,749,800 | | | | 3,250 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $171.00 | | | 75 | | | | 5,249,400 | | | | 12,750 | |
Live Cattle Future, Expires 05/03/2024 Strike Price $174.00 | | | 11 | | | | 769,912 | | | | 4,730 | |
Live Cattle Future, Expires 06/07/2024 Strike Price $164.00 | | | 25 | | | | 1,749,800 | | | | 12,250 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,780.00 | | | 7 | | | | 12,208,483 | | | | 543 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,790.00 | | | 13 | | | | 22,672,897 | | | | 17,095 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,800.00 | | | 17 | | | | 29,649,173 | | | | 23,460 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,810.00 | | | 18 | | | | 31,393,242 | | | | 26,100 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,820.00 | | | 29 | | | | 50,578,001 | | | | 44,225 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,825.00 | | | 35 | | | | 61,042,415 | | | | 54,775 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,830.00 | | | 32 | | | | 55,810,208 | | | | 51,200 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,840.00 | | | 23 | | | | 40,113,587 | | | | 38,640 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,850.00 | | | 34 | | | | 59,298,346 | | | | 60,180 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,860.00 | | | 13 | | | | 22,672,897 | | | | 24,115 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,870.00 | | | 15 | | | | 26,161,035 | | | | 29,175 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,875.00 | | | 15 | | | | 26,161,035 | | | | 29,925 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,880.00 | | | 15 | | | | 26,161,035 | | | | 30,600 | |
NASDAQ 100 Stock Index, Expires 05/03/2024 Strike Price $16,890.00 | | | 8 | | | | 13,952,552 | | | | 17,120 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.60 | | | 25 | | | | 497,500 | | | | 3,425 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.65 | | | 294 | | | | 5,850,600 | | | | 55,860 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.70 | | | 563 | | | | 11,203,700 | | | | 146,380 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.75 | | | 850 | | | | 16,915,000 | | | | 296,650 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.80 | | | 830 | | | | 16,517,000 | | | | 386,780 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.85 | | | 925 | | | | 18,407,500 | | | | 567,950 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.90 | | | 962 | | | | 19,143,800 | | | | 764,790 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $1.95 | | | 566 | | | | 11,263,400 | | | | 571,660 | |
Natural Gas Future, Expires 05/28/2024 Strike Price $2.00 | | | 101 | | | | 2,009,900 | | | | 127,563 | |
Natural Gas Future, Expires 06/25/2024 Strike Price $1.90 | | | 87 | | | | 2,018,400 | | | | 26,100 | |
Natural Gas Future, Expires 06/25/2024 Strike Price $1.95 | | | 37 | | | | 858,400 | | | | 14,023 | |
Natural Gas Future, Expires 06/25/2024 Strike Price $2.00 | | | 29 | | | | 672,800 | | | | 13,862 | |
Natural Gas Future, Expires 06/25/2024 Strike Price $2.05 | | | 57 | | | | 1,322,400 | | | | 34,200 | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,885.00 | | | 16 | | | | 3,158,256 | | | | 2,240 | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,890.00 | | | 16 | | | | 3,158,256 | | | | 2,760 | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,895.00 | | | 31 | | | | 6,119,121 | | | | 6,355 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
180
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
AMOUNT | | | VALUE | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,900.00 | | | 45 | | | $ | 8,882,595 | | | $ | 11,250 | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,905.00 | | | 23 | | | | 4,539,993 | | | | 6,842 | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,910.00 | | | 63 | | | | 12,435,633 | | | | 22,365 | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,915.00 | | | 89 | | | | 17,567,799 | | | | 37,825 | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,920.00 | | | 51 | | | | 10,066,941 | | | | 25,245 | |
Russell 2000 Index, Expires 05/03/2024 Strike Price $1,925.00 | | | 50 | | | | 9,869,550 | | | | 28,750 | |
Silver Future, Expires 05/28/2024 Strike Price $24.50 | | | 12 | | | | 1,599,000 | | | | 6,060 | |
Silver Future, Expires 05/28/2024 Strike Price $24.65 | | | 9 | | | | 1,199,250 | | | | 5,355 | |
Silver Future, Expires 05/28/2024 Strike Price $24.70 | | | 14 | | | | 1,865,500 | | | | 8,750 | |
Silver Future, Expires 05/28/2024 Strike Price $24.75 | | | 27 | | | | 3,597,750 | | | | 17,820 | |
Silver Future, Expires 05/28/2024 Strike Price $24.80 | | | 22 | | | | 2,931,500 | | | | 15,400 | |
Silver Future, Expires 05/28/2024 Strike Price $24.85 | | | 8 | | | | 1,066,000 | | | | 5,880 | |
Silver Future, Expires 05/28/2024 Strike Price $24.90 | | | 14 | | | | 1,865,500 | | | | 10,850 | |
Silver Future, Expires 05/28/2024 Strike Price $24.95 | | | 16 | | | | 2,132,000 | | | | 13,120 | |
Silver Future, Expires 05/28/2024 Strike Price $25.00 | | | 41 | | | | 5,463,250 | | | | 35,465 | |
Silver Future, Expires 05/28/2024 Strike Price $25.05 | | | 25 | | | | 3,331,250 | | | | 22,750 | |
Silver Future, Expires 05/28/2024 Strike Price $25.10 | | | 26 | | | | 3,464,500 | | | | 24,960 | |
Silver Future, Expires 05/28/2024 Strike Price $25.15 | | | 23 | | | | 3,064,750 | | | | 23,230 | |
Silver Future, Expires 05/28/2024 Strike Price $25.20 | | | 30 | | | | 3,997,500 | | | | 31,800 | |
Silver Future, Expires 05/28/2024 Strike Price $25.25 | | | 26 | | | | 3,464,500 | | | | 29,120 | |
Silver Future, Expires 05/28/2024 Strike Price $25.30 | | | 27 | | | | 3,597,750 | | | | 31,725 | |
Silver Future, Expires 05/28/2024 Strike Price $25.35 | | | 13 | | | | 1,732,250 | | | | 16,055 | |
Silver Future, Expires 05/28/2024 Strike Price $25.40 | | | 6 | | | | 799,500 | | | | 7,800 | |
Silver Future, Expires 05/28/2024 Strike Price $25.45 | | | 16 | | | | 2,132,000 | | | | 21,840 | |
Silver Future, Expires 05/28/2024 Strike Price $25.50 | | | 2 | | | | 266,500 | | | | 2,860 | |
Silver Future, Expires 05/28/2024 Strike Price $26.00 | | | 5 | | | | 666,250 | | | | 11,300 | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $310.00 | | | 31 | | | | 1,090,890 | | | | 1,085 | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $315.00 | | | 34 | | | | 1,196,460 | | | | 1,700 | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $320.00 | | | 23 | | | | 809,370 | | | | 1,840 | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $325.00 | | | 22 | | | | 774,180 | | | | 2,640 | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $330.00 | | | 28 | | | | 985,320 | | | | 5,320 | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $335.00 | | | 60 | | | | 2,111,400 | | | | 17,400 | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $340.00 | | | 55 | | | | 1,935,450 | | | | 23,375 | |
Soybean Meal Future, Expires 05/24/2024 Strike Price $345.00 | | | 22 | | | | 774,180 | | | | 13,310 | |
Soybean Meal Future, Expires 06/21/2024 Strike Price $295.00 | | | 1 | | | | 35,190 | | | | 55 | |
Soybean Meal Future, Expires 06/21/2024 Strike Price $300.00 | | | 1 | | | | 35,190 | | | | 75 | |
Soybean Oil Future, Expires 05/24/2024 Strike Price $43.50 | | | 5 | | | | 129,030 | | | | 4,725 | |
Wheat Future, Expires 06/21/2024 Strike Price $550.00 | | | 5 | | | | 150,813 | | | | 2,313 | |
| | | | | | | | | | | | |
TOTAL PUT OPTIONS
(Premiums Received $12,052,745) | | | | | | | | | | | 17,539,340 | |
| | | | | | | | | | | | |
TOTAL WRITTEN OPTIONS
(Premiums Received $34,944,640) | | | | | | | | | | $ | 68,973,598 | |
| | | | | | | | | | | | |
Open Futures Contracts
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
VALUE | | | VALUE/
UNREALIZED
APPRECIATION
(DEPRECIATION) | |
FUTURES CONTRACTS SOLD | | | | | | | | | | | | |
10-Year US Treasury Note Future, June 2024 Settlement | | | 90 | | | $ | (9,669,375 | ) | | $ | 299,218 | |
Australian Dollar, June 2024 Settlement | | | 675 | | | | (43,821,000 | ) | | | (337,788 | ) |
British Pound, June 2024 Settlement | | | 1,090 | | | | (85,203,937 | ) | | | (463,233 | ) |
Canadian Dollar, June 2024 Settlement | | | 1,190 | | | | (86,542,750 | ) | | | 38,035 | |
Coffee ‘C’, July 2024 Settlement | | | 40 | | | | (3,249,750 | ) | | | 93,110 | |
Copper, September 2024 Settlement | | | 108 | | | | (12,371,400 | ) | | | (606,938 | ) |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
181
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
VALUE | | | VALUE/
UNREALIZED
APPRECIATION
(DEPRECIATION) | |
DAX Index, June 2024 Settlement | | | 48 | | | $ | (23,173,218 | ) | | $ | (98 | ) |
E-Mini Nasdaq 100, June 2024 Settlement | | | 50 | | | | (17,571,250 | ) | | | 236,886 | |
E-Mini Russ 2000, June 2024 Settlement | | | 60 | | | | (5,956,800 | ) | | | 46,454 | |
E-Mini S&P 500 Index, June 2024 Settlement | | | 170 | | | | (43,069,500 | ) | | | 448,691 | |
Euro Fx, June 2024 Settlement | | | 795 | | | | (106,316,344 | ) | | | 230,235 | |
FTSE 100 Index Futures, June 2024 Settlement | | | 107 | | | | (10,908,040 | ) | | | (247,142 | ) |
FTSE/JSE Top 40 Index Futures, June 2024 Settlement | | | 74 | | | | (2,791,014 | ) | | | (83,170 | ) |
Gold 100 Oz. Futures, June 2024 Settlement | | | 2 | | | | (460,580 | ) | | | (7,584 | ) |
Gold 100 Oz. Futures, October 2024 Settlement | | | 45 | | | | (10,559,250 | ) | | | 235,035 | |
Japanese Yen Futures, June 2024 Settlement | | | 927 | | | | (74,026,744 | ) | | | 1,372,050 | |
Live Cattle Futures, October 2024 Settlement | | | 340 | | | | (24,078,800 | ) | | | (256,326 | ) |
MSCI Taiwan Index Futures, May 2024 Settlement | | | 357 | | | | (24,486,630 | ) | | | (608,000 | ) |
OMXS30 Futures, May 2024 Settlement | | | 1,040 | | | | (24,055,025 | ) | | | (542,351 | ) |
Silver Futures, September 2024 Settlement | | | 97 | | | | (13,063,475 | ) | | | 826,882 | |
Soybean Meal Futures, July 2024 Settlement | | | 25 | | | | (879,750 | ) | | | (12,072 | ) |
Sugar No. 11 Futures, October 2024 Settlement | | | 12 | | | | (261,542 | ) | | | 28,196 | |
Wheat Futures, July 2024 Settlement | | | 3 | | | | (90,488 | ) | | | 2,954 | |
| | | | | | | | | | | | |
TOTAL FUTURES CONTRACTS SOLD | | | | | | $ | (622,606,662 | ) | | $ | 693,044 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
| FUTURES CONTRACTS PURCHASED | | | | | | | | | |
2-Year US Treasury Note Future, June 2024 Settlement | | | 195 | | | $ | 39,517,969 | | | $ | (410,347 | ) |
Brent Crude Future, July 2024 Settlement | | | 13 | | | | 1,122,290 | | | | (9,412 | ) |
Brent Crude Future, October 2024 Settlement | | | 35 | | | | 2,948,050 | | | | (92,247 | ) |
CAC40 Index, May 2024 Settlement | | | 129 | | | | 10,952,259 | | | | 143,376 | |
CBOE VIX, May 2024 Settlement | | | 110 | | | | 1,722,974 | | | | (234,529 | ) |
Cocoa, July 2024 Settlement | | | 1,645 | | | | 152,705,350 | | | | 19,232,548 | |
Coffee ‘C’, September 2024 Settlement | | | 31 | | | | 2,497,050 | | | | 51,140 | |
Coffee Robusta, July 2024 Settlement | | | 475 | | | | 19,099,750 | | | | (614,175 | ) |
Copper, July 2024 Settlement | | | 70 | | | | 7,987,875 | | | | (38,141 | ) |
Corn Future, July 2024 Settlement | | | 33 | | | | 737,137 | | | | (3,282 | ) |
Corn Future, September 2024 Settlement | | | 13 | | | | 296,237 | | | | (926 | ) |
Cotton No. 2, July 2024 Settlement | | | 298 | | | | 11,686,070 | | | | (1,547,792 | ) |
Euro Stoxx 50, June 2024 Settlement | | | 56 | | | | 2,926,609 | | | | (71,130 | ) |
FTSE China A50 Index Futures, May 2024 Settlement | | | 917 | | | | 11,516,603 | | | | 302,891 | |
FTSE MIB Index Futures, June 2024 Settlement | | | 17 | | | | 3,039,492 | | | | (43,915 | ) |
Hang Seng Index Futures, May 2024 Settlement | | | 105 | | | | 11,891,642 | | | | 426,671 | |
IBEX 35 Index, May 2024 Settlement | | | 26 | | | | 3,010,437 | | | | 83,881 | |
KC HRW Wheat, September 2024 Settlement | | | 10 | | | | 324,000 | | | | 31,334 | |
Lean Hogs Futures, June 2024 Settlement | | | 45 | | | | 1,844,550 | | | | (106,897 | ) |
Lean Hogs Futures, October 2024 Settlement | | | 570 | | | | 19,516,800 | | | | (792,706 | ) |
Live Cattle Futures, June 2024 Settlement | | | 60 | | | | 4,199,400 | | | | (80,322 | ) |
Low Sulphur Gas Oil Futures, October 2024 Settlement | | | 40 | | | | 3,128,000 | | | | (146,354 | ) |
Natural Gas Futures, June 2024 Settlement | | | 54 | | | | 1,075,140 | | | | (28,889 | ) |
Natural Gas Futures, July 2024 Settlement | | | 266 | | | | 6,168,540 | | | | (166,330 | ) |
Natural Gas Futures, October 2024 Settlement | | | 11 | | | | 282,040 | | | | (3,146 | ) |
NY Harbor ULSD Futures, October 2024 Settlement | | | 180 | | | | 19,377,036 | | | | (966,385 | ) |
OMXS30 Futures, September 2024 Settlement | | | 60 | | | | 5,509,003 | | | | (490,784 | ) |
RBOB Gasoline Futures, October 2024 Settlement | | | 32 | | | | 3,129,235 | | | | (79,294 | ) |
S&P/TSX 60 Index Futures, June 2024 Settlement | | | 58 | | | | 11,000,472 | | | | (129,218 | ) |
Silver Futures, July 2024 Settlement | | | 10 | | | | 1,332,700 | | | | (120,424 | ) |
Soybean Futures, September 2024 Settlement | | | 289 | | | | 16,715,038 | | | | (315,592 | ) |
Soybean Meal Futures, June 2024 Settlement | | | 196 | | | | 24,018,928 | | | | (641,202 | ) |
Soybean Meal Futures, October 2024 Settlement | | | 9 | | | | 317,070 | | | | 12,957 | |
Soybean Oil Futures, July 2024 Settlement | | | 50 | | | | 1,290,300 | | | | (78,696 | ) |
Soybean Oil Futures, October 2024 Settlement | | | 117 | | | | 3,068,442 | | | | (319,389 | ) |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
182
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | |
| | | |
| DESCRIPTION | | NUMBER OF
CONTRACTS | | | NOTIONAL
VALUE | | | VALUE/
UNREALIZED
APPRECIATION
(DEPRECIATION) | |
| FUTURES CONTRACTS PURCHASED (continued) | | | | | | | | | |
SPI 200TM Index Futures, June 2024 Settlement | | | 86 | | | $ | 10,703,412 | | | $ | (51,672 | ) |
Wheat Futures, September 2024 Settlement | | | 109 | | | | 3,391,263 | | | | 174,175 | |
WTI Crude Futures, October 2024 Settlement | | | 37 | | | | 2,930,770 | | | | (87,210 | ) |
Yen Demon Nikkei, June 2024 Settlement | | | 188 | | | | 22,746,790 | | | | (871,423 | ) |
| | | | | | | | | | | | |
TOTAL FUTURES CONTRACTS PURCHASED | | | | | | $ | 445,726,723 | | | $ | 11,917,144 | |
| | | | | | | | | | | | |
Open Forward Currency Contracts
| | | | | | | | | | | | | | | | | | | | |
| | | | | | |
| COUNTERPARTY | | FORWARD
SETTLEMENT
DATE | | | CURRENCY TO
BE RECEIVED | | AMOUNT OF
CURRENCY TO BE
RECEIVED IN
LOCAL
CURRENCY | | | CURRENCY TO
BE DELIVERED | | AMOUNT OF
CURRENCY TO BE
DELIVERED IN
LOCAL
CURRENCY | | | UNREALIZED
APPRECIATION
(DEPRECIATION) | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Australian Dollar | | | 1,036,185 | | | United States Dollar | | | 675,589 | | | $ | (3,084 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Brazilian Real | | | 6,533,410 | | | United States Dollar | | | 1,300,000 | | | | (49,761 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Brazilian Real | | | 49,493,236 | | | United States Dollar | | | 9,723,431 | | | | (252,365 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | British Pound | | | 1,700,000 | | | United States Dollar | | | 2,161,305 | | | | (36,342 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | British Pound | | | 12,854,378 | | | United States Dollar | | | 16,157,071 | | | | (89,380 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Canadian Dollar | | | 2,966,813 | | | United States Dollar | | | 2,200,000 | | | | (42,601 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Canadian Dollar | | | 21,926,264 | | | United States Dollar | | | 16,172,385 | | | | (228,104 | ) |
Morgan Stanley Capital Services LLC | | | 7/3/2024 | | | Colombian Peso | | | 114,341,200,000 | | | United States Dollar | | | 29,000,000 | | | | (145,368 | ) |
Morgan Stanley Capital Services LLC | | | 7/3/2024 | | | Colombian Peso | | | 20,094,453,925 | | | United States Dollar | | | 5,139,562 | | | | (68,616 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Czech Koruna | | | 16,063,481 | | | United States Dollar | | | 683,869 | | | | (2,065 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Euro | | | 29,100,000 | | | United States Dollar | | | 31,801,466 | | | | (661,403 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Hungarian Forint | | | 4,057,366,690 | | | United States Dollar | | | 11,023,431 | | | | 4,612 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Indian Rupee | | | 1,985,467,400 | | | United States Dollar | | | 23,800,000 | | | | (56,496 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Indonesian Rupiah | | | 374,331,160,000 | | | United States Dollar | | | 23,800,000 | | | | (816,003 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Japanese Yen | | | 1,894,677,440 | | | United States Dollar | | | 12,700,000 | | | | (569,391 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Mexican Peso | | | 149,997,762 | | | United States Dollar | | | 8,908,779 | | | | (241,847 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | New Zealand Dollar | | | 83,788 | | | United States Dollar | | | 49,966 | | | | (594 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Norwegian Krone | | | 10,588,799 | | | United States Dollar | | | 1,000,000 | | | | (45,235 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | Norwegian Krone | | | 325,366,011 | | | United States Dollar | | | 30,700,000 | | | | (1,362,565 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | South African Rand | | | 549,966,324 | | | United States Dollar | | | 29,000,000 | | | | 69,321 | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
183
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | |
| COUNTERPARTY | | FORWARD
SETTLEMENT
DATE | | | CURRENCY TO
BE RECEIVED | | AMOUNT OF
CURRENCY TO BE
RECEIVED IN
LOCAL
CURRENCY | | | CURRENCY TO
BE DELIVERED | | AMOUNT OF
CURRENCY TO BE
DELIVERED IN
LOCAL
CURRENCY | | | UNREALIZED
APPRECIATION
(DEPRECIATION) | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | South African Rand | | | 97,518,039 | | | United States Dollar | | | 5,139,562 | | | $ | 14,905 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 31,885,873 | | | Australian Dollar | | | 48,300,000 | | | | 538,185 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 23,800,000 | | | Czech Koruna | | | 551,926,046 | | | | 373,851 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 581,415 | | | Euro | | | 538,151 | | | | 5,537 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 683,869 | | | Indian Rupee | | | 57,188,545 | | | | (29 | ) |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 683,869 | | | Indonesian Rupiah | | | 10,927,474,364 | | | | 12,920 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 29,000,000 | | | Israeli New Shekel | | | 103,839,372 | | | | 1,168,264 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 5,139,562 | | | Israeli New Shekel | | | 19,001,413 | | | | 46,674 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 250,877 | | | Japanese Yen | | | 37,538,525 | | | | 10,538 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 12,400,000 | | | Mexican Peso | | | 211,160,927 | | | | 199,036 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 11,400,000 | | | New Taiwan Dollar | | | 361,089,300 | | | | 228,650 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 18,693,008 | | | New Taiwan Dollar | | | 597,417,320 | | | | 210,162 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 12,666,341 | | | New Zealand Dollar | | | 20,900,000 | | | | 350,993 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 878,492 | | | Norwegian Krone | | | 9,535,215 | | | | 18,726 | |
Morgan Stanley Capital Services LLC | | | 7/1/2024 | | | United States Dollar | | | 1,300,000 | | | Philippine Peso | | | 72,862,400 | | | | 40,529 | |
Morgan Stanley Capital Services LLC | | | 7/1/2024 | | | United States Dollar | | | 9,723,431 | | | Philippine Peso | | | 548,605,700 | | | | 240,449 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 1,300,000 | | | Singapore Dollar | | | 1,736,288 | | | | 24,206 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 9,723,431 | | | Singapore Dollar | | | 13,092,318 | | | | 103,422 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 29,000,000 | | | South Korean Won | | | 38,410,529,000 | | | | 1,114,554 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 5,139,562 | | | South Korean Won | | | 6,922,280,754 | | | | 114,094 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 18,372,385 | | | Swedish Krona | | | 196,725,447 | | | | 468,773 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 39,100,000 | | | Swiss Franc | | | 34,713,383 | | | | 1,061,801 | |
Morgan Stanley Capital Services LLC | | | 7/2/2024 | | | United States Dollar | | | 10,093,893 | | | Swiss Franc | | | 9,055,676 | | | | 170,873 | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | $ | 1,919,826 | |
| | | | | | | | | | | | | | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
184
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
Total Return Swap Contracts
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
| | | COUNTERPARTY | | PAYMENTS
RECEIVED
(PAID) BY
FUND | | TOTAL
RETURN
RECEIVED BY
OR PAID BY
FUND | | TERMINATION
DATE | | | PAYMENT
FREQUENCY | | | NOTIONAL
VALUE | | | VALUE | | | UPFRONT
PREMIUM
RECEIVED | | | UNREALIZED
(DEPRECIATION) | |
| | | Morgan Stanley
Capital
Services LLC | | (0.05)% | | AMSTERDAM
IDX FUT
Feb 24 - Long | | | May 17 2024 | | | | At Maturity | | | | 9,705,409 | (1) | | $ | (107,522 | ) | | $ | — | | | $ | (107,522 | ) |
| | Morgan Stanley
Capital
Services LLC | | (0.05)% | | KOSPI2 INX
FUT Mar 24 -
Short | | | Jun 13 2024 | | | | At Maturity | | | | 14,513,414,663 | (2) | | | (67,088 | ) | | | — | | | | (67,088 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | TOTAL RETURN SWAP CONTRACTS | | | | | | | | | | | | | | | $ | (174,610 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Open Risk Share Contracts
| | | | | | | | | | | | | | | | | | | | |
| Description: Consumer Loans - United States | | | | | | | | | | | | | | |
| Type: Receive | | | | | | | | | | | | | | |
| Strike: Actual losses greater than expected losses | | | | | | | | | | | | | | |
| | | | | | | |
REFERENCE
ENTITY
INVESTMENT | | LENDING
PLATFORM | | REFERENCE ENTITY
VINTAGE | | REFERENCE ENTITY
INTEREST RATE
RANGE | | REFERENCE ENTITY
MATURITY DATE
RANGE | | TERMINATION DATE | | | NOTIONAL
VALUE | | | UNREALIZED
APPRECIATION | |
| Contract 005(¹) | | B | | August 1, 2023 - October 31, 2023 | | 6.910% - 24.740% | | August 7, 2025 -
June 19, 2029 | | | April 30, 2025 | | | | 3,634,846 | | | $ | 38,490 | |
| Contract 010(¹) | | D | | August 1, 2023 - August 31, 2023 | | 10.620% - 30.320% | | August 2, 2026 - January 17, 2029 | | | February 28, 2025 | | | | 3,603,186 | | | | 166,518 | |
| Contract 011(¹) | | D | | September 1, 2023 - September 30, 2023 | | 10.260% - 31.090% | | September 1, 2026 -
February 6, 2029 | | | March 31, 2025 | | | | 2,223,758 | | | | 150,006 | |
| Contract 012(¹) | | D | | October 1, 2023 - October 31, 2023 | | 10.660% - 30.370% | | October 6, 2026 -
March 15, 2029 | | | April 30, 2025 | | | | 3,807,873 | | | | 150,114 | |
| Contract 023(¹) | | B | | November 1, 2023 - January 31, 2024 | | 6.229% - 24.490% | | November 8, 2025 -
December 28, 2028 | | | July 31, 2025 | | | | 5,551,270 | | | | 46,124 | |
| Contract 029(¹) | | B | | January 1, 2024 - March 31, 2024 | | 7.000% - 29.487% | | February 5, 2026 -
February 1, 2030 | | | September 30, 2025 | | | | 2,640,070 | | | | 0 | |
| | | | | | | | | | | | | | | | | | | | |
Total Open Risk Share Contracts - Consumer Loans | | | | | | | | | | | | | 551,252 | |
| | | | | | | | | | | | | | | | | | | | |
| Description: Asset-Backed Securities - United States | | | | | | | | | | | | | | |
| Type: Receive | | | | | | | | | | | | | | |
| Strike: Actual losses greater than expected losses | | | | | | | | | | | | | | |
| Contract 013(1) | | D | | November 1, 2023 - November 30, 2023 | | 0.000% -0.000% | | December 7, 2053 -December 7, 2053 | | | May 31, 2025 | | | | 36,473,429 | | | | 1,484,313 | |
| | | | | | | | | | | | | | | | | | | | |
Total Open Risk Share Contracts - Asset-Backed Securities | | | | | | | | | | | | | 1,484,313 | |
| | | | | | | | | | | | | | | | | | | | |
Total Open Risk Share Contracts | | | | | | | | | | | | $ | 2,035,565 | |
| | | | | | | | | | | | | | | | | | | | |
| (1) | Contract is non-income producing and is fair valued by a third-party valuation specialist pursuant to procedures approved by the Board of Trustees. Value is determined using significant unobservable inputs. |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | (Continued) |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
185
| | |
| Consolidated Schedule of Investments | | as of April 30, 2024 (Unaudited) |
| | | | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND | | | | |
Reverse Repurchase Agreements
| | | | | | | | |
| | |
| DESCRIPTION | | PRINCIPAL
VALUE | | | AMORTIZED
COST | |
| REVERSE REPURCHASE AGREEMENTS SOLD | | | | | | |
Repurchase Agreement with JP Morgan Chase Securities, Inc., dated 02/28/2024, 6.34%, collateralized by $1,171,493 Asset Backed Securities, due 05/28/2024 | | $ | 1,028,000 | | | $ | 1,028,000 | |
Repurchase Agreement with JP Morgan Chase Securities, Inc., dated 02/28/2024, 6.59%, collateralized by $1,158,450 Asset Backed Securities, due 05/28/2024 | | | 1,008,000 | | | | 1,008,000 | |
Repurchase Agreement with JP Morgan Chase Securities, Inc., dated 04/18/2024, 6.71%, collateralized by $12,429,199 Event Linked Bonds, due 05/20/2024 | | | 5,000,000 | | | | 5,000,000 | |
| | | | | | | | |
TOTAL REVERSE REPURCHASE AGREEMENTS SOLD | | | 7,036,000 | | | | 7,036,000 | |
| | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
186
| | |
| Statement of Assets and Liabilities | | As of April 30, 2024 (Unaudited) |
| | | | |
| |
| | | STONE RIDGE
HIGH YIELD
REINSURANCE
RISK PREMIUM
FUND | |
| |
| ASSETS: | | | | |
Investments, at fair value(1) | | $ | 2,887,031,915 | |
Interest receivable | | | 26,839,023 | |
Receivable for fund shares sold | | | 4,116,947 | |
Cash held at custodian | | | 5,297,896 | |
Foreign currencies at custodian, at fair value(2) | | | 776,728 | |
Receivable for investment securities sold | | | 65,407,861 | |
Other assets | | | 428,825 | |
| |
| Total assets | | | 2,989,899,195 | |
| |
| LIABILITIES: | | | | |
Payable for investment securities purchased | | | 54,621,864 | |
Reverse repurchase agreements | | | 55,000,001 | |
Payable for fund shares redeemed | | | 1,467,189 | |
Payable to Adviser | | | 3,483,632 | |
Payable for Chief Compliance Officer compensation | | | 5,138 | |
Payable to Trustees | | | 77,062 | |
Payable to Custodian | | | 26,081 | |
Accrued distribution fees | | | 10,528 | |
Interest payable | | | 18,364 | |
Other accrued expenses | | | 761,159 | |
| Total liabilities | | | 115,471,018 | |
| |
| Total net assets | | $ | 2,874,428,177 | |
| | | | | |
| |
| NET ASSETS CONSIST OF: | | | | |
Capital stock | | $ | 2,970,365,973 | |
Total distributable losses | | | (95,937,796 | ) |
| |
| Total net assets | | $ | 2,874,428,177 | |
| | | | | |
| |
| Class I | | | | |
Net assets | | $ | 2,788,968,683 | |
Shares outstanding | | | 308,282,433 | |
Class I Net asset value, offering and redemption price per share | | $ | 9.05 | |
| |
| Class M | | | | |
Net assets | | $ | 85,459,494 | |
Shares outstanding | | | 9,438,606 | |
Class M Net asset value, offering and redemption price per share | | $ | 9.05 | |
| | | | | |
(1) Cost of Investments | | $ | 2,837,386,320 | |
(2) Cost of Foreign currencies at custodian | | | 775,879 | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
187
| | |
| Consolidated Statement of Assets and Liabilities | | As of April 30, 2024 (Unaudited) |
| | | | |
| |
| | | STONE RIDGE
DIVERSIFIED
ALTERNATIVES
FUND | |
| |
| ASSETS: | | | | |
| Investments, at fair value(1): | | | | |
Unaffiliated issuers | | $ | 1,155,121,802 | |
Affiliated issuers | | | 7,073,535 | |
Unrealized appreciation on forward currency contracts | | | 6,591,075 | |
Unrealized appreciation on risk share contracts | | | 2,035,565 | |
Restricted cash collateral held at broker(5) | | | 66,978,458 | |
Cash held at broker | | | 11,162,658 | |
Cash held at custodians | | | 33,569 | |
Foreign currencies at broker, at value(2) | | | 1,157,102 | |
Foreign currencies at custodian, at value(3) | | | 184,341 | |
Receivable for investment securities sold | | | 33,925,086 | |
Receivable for fund shares sold | | | 2,200,973 | |
Interest receivable | | | 5,012,738 | |
Other assets | | | 1,007,392 | |
| |
| Total assets | | | 1,292,484,294 | |
| |
| LIABILITIES: | | | | |
Written options, at fair value(4) | | | 68,973,598 | |
Unrealized depreciation on forward currency contracts | | | 4,671,249 | |
Reverse Repurchase Agreements | | | 7,036,000 | |
Unrealized depreciation on swap contracts | | | 174,610 | |
Interest payable | | | 86,308 | |
Payable for investment securities purchased | | | 31,129,655 | |
Payable for fund shares redeemed | | | 755,361 | |
Payable to Adviser | | | 1,463,470 | |
Payable to Trustees | | | 32,297 | |
Payable for Chief Compliance Officer compensation | | | 6,726 | |
Other accrued expenses | | | 679,500 | |
| |
| Total liabilities | | | 115,008,774 | |
| |
| Total net assets | | $ | 1,177,475,520 | |
| | | | | |
| |
| NET ASSETS CONSIST OF: | | | | |
Capital stock | | $ | 1,308,877,208 | |
Total distributable losses | | | (131,401,688 | ) |
| Total net assets | | $ | 1,177,475,520 | |
| | | | | |
| |
| Class I | | | | |
Net assets | | $ | 1,138,179,691 | |
Shares outstanding | | | 106,106,792 | |
Class I Net asset value, offering and redemption price per share | | $ | 10.73 | |
| |
| Class J | | | | |
Net assets | | $ | 39,295,829 | |
Shares outstanding | | | 3,681,825 | |
Class J Net asset value, offering and redemption price per share | | $ | 10.67 | |
| | | | | |
| (1) Cost of Investments | | | | |
Unaffiliated issuers | | $ | 1,149,662,680 | |
Affiliated issuers (See note 9) | | | 6,912,605 | |
(2) Cost of foreign currencies at broker | | | 1,155,529 | |
(3) Cost of foreign currencies at custodian | | | 184,566 | |
(4) Premiums received | | | 34,944,640 | |
(5) Represents a cash deposit held at the broker to cover the Fund’s initial margin obligation under its derivative contracts | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
188
| | |
| Statement of Operations | | For the Period Ended April 30, 2024 (Unaudited) |
| | | | |
| |
| | | STONE RIDGE HIGH YIELD
REINSURANCE RISK
PREMIUM FUND | |
| |
| INVESTMENT INCOME: | | | | |
Interest income | | $ | 137,409,913 | |
Dividend income | | | 12,999,473 | |
| |
| Total investment income | | | 150,409,386 | |
| |
| EXPENSES | | | | |
Advisory fees (See Note 4) | | | 19,192,567 | |
Fund accounting and administration fees | | | 843,104 | |
Interest expense | | | 577,665 | |
Transfer agency fees and expenses | | | 296,142 | |
Legal fees | | | 186,120 | |
Trustees fees and expenses | | | 164,184 | |
Federal and state registration fees | | | 147,512 | |
Audit and tax related fees | | | 103,604 | |
Custody fees | | | 69,386 | |
Distribution (12b-1) fees — Class M Only | | | 45,507 | |
Chief Compliance Officer compensation | | | 30,422 | |
Other expenses | | | 192,276 | |
| Total expenses before Adviser recoupment | | | 21,848,489 | |
Expenses recouped by Adviser (See Note 4) | | | 114,327 | |
| |
| Total net expenses | | | 21,962,816 | |
| |
| Net investment income | | | 128,446,570 | |
| |
| NET REALIZED AND UNREALIZED GAIN (LOSS): | | | | |
| Net realized gain (loss) on: | | | | |
Investments | | | 1,949,329 | |
Foreign currency | | | (316,054 | ) |
| Net change in unrealized appreciation (depreciation) on: | | | | |
Investments | | | 40,656,089 | |
Foreign currency | | | (2,934 | ) |
| |
| Net realized and unrealized gain | | | 42,286,430 | |
| |
| Net increase in net assets resulting from operations | | $ | 170,733,000 | |
| | | | | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
189
| | |
| Consolidated Statement of Operations | | For the Period Ended April 30, 2024 (Unaudited) |
| | | | |
| |
| | | STONE RIDGE
DIVERSIFIED
ALTERNATIVES
FUND | |
| |
| INVESTMENT INCOME: | | | | |
Interest income | | $ | 50,750,888 | |
| Dividend income | | | | |
Affiliated issuers | | | 547,434 | |
Unaffiliated issuers | | | 56,468 | |
| Total investment income | | | 51,354,790 | |
| |
| EXPENSES | | | | |
Advisory fees (See Note 4) | | | 8,090,122 | |
Interest expense | | | 654,534 | |
Fund accounting and administration fees | | | 594,890 | |
Compliance fees | | | 451,618 | |
Loan servicing fees | | | 369,432 | |
Investment expense | | | 185,872 | |
Audit and tax related fees | | | 140,046 | |
Transfer agency fees and expenses | | | 118,958 | |
Legal fees | | | 100,870 | |
Trustees fees and expenses | | | 70,844 | |
Federal and state registration fees | | | 60,890 | |
Chief Compliance Officer compensation | | | 30,422 | |
Custody fees | | | 49,292 | |
Other expenses | | | 111,592 | |
| Total expenses before Adviser recoupment | | | 11,029,382 | |
Expenses recouped by Adviser (See Note 4) | | | 317,706 | |
| Total net expenses | | | 11,347,088 | |
| Net investment income | | | 40,007,702 | |
| |
| NET REALIZED AND UNREALIZED GAIN (LOSS): | | | | |
| Net realized gain (loss) on: | | | | |
Investments: | | | | |
Unaffiliated issuers | | | (13,374,280 | ) |
Foreign currencies | | | 161,795 | |
Forward currency contracts | | | (1,122,163 | ) |
Futures contracts | | | (130,260,538 | ) |
Swap contracts | | | (131,421 | ) |
Written options | | | 136,008,884 | |
Net change in unrealized appreciation (depreciation) on: | | | | |
Investments | | | | |
Unaffiliated issuers | | | (3,646,126 | ) |
Affiliated issuers | | | (88,821 | ) |
Foreign currencies | | | (6,155 | ) |
Forward currency contracts | | | (525,532 | ) |
Futures contracts | | | 13,028,177 | |
Risk share contracts | | | 2,035,565 | |
Swap contracts | | | (335,876 | ) |
Written options | | | (39,064,597 | ) |
| Net realized and unrealized loss | | | (37,321,088 | ) |
| Net increase in net assets resulting from operations | | $ | 2,686,614 | |
| | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
190
| | |
| Statement of Changes in Net Assets | | |
| | | | | | | | |
| |
| | | STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND | |
| | |
| | | PERIOD ENDED
APRIL 30, 2024
(UNAUDITED) | | | YEAR ENDED
OCTOBER 31, 2023 | |
| | |
| OPERATIONS: | | | | | | | | |
Net investment income | | $ | 128,446,570 | | | $ | 169,055,305 | |
Net realized gain (loss) on: | | | | | | | | |
Investments | | | 1,949,329 | | | | (18,670,132 | ) |
Foreign currency | | | (316,054 | ) | | | 82,671 | |
Net Increases in payments from affiliates | | | — | | | | 1,604 | |
Net change in unrealized appreciation (depreciation) on: | | | | | | | | |
Investments | | | 40,656,089 | | | | 235,070,181 | |
Foreign currency | | | (2,934 | ) | | | (925 | ) |
Net increase in net assets resulting from operations | | | 170,733,000 | | | | 385,538,704 | |
| | |
| DISTRIBUTIONS TO SHAREHOLDERS: | | | | | | | | |
Net dividends and distributions — Class I | | | (197,250,848 | ) | | | (142,182,748 | ) |
Net dividends and distributions — Class M | | | (7,749,154 | ) | | | (7,675,151 | ) |
Total distributions | | | (205,000,002 | ) | | | (149,857,899 | ) |
| | |
| CAPITAL SHARE TRANSACTIONS: | | | | | | | | |
Proceeds from shares sold — Class I | | | 730,979,991 | | | | 1,264,872,581 | |
Proceeds from shares sold — Class M | | | 5,510,058 | | | | 36,394,507 | |
Proceeds from shares issued to holders in reinvestment of dividends — Class I | | | 56,618,671 | | | | 78,916,380 | |
Proceeds from shares issued to holders in reinvestment of dividends — Class M | | | 3,839,608 | | | | 6,620,250 | |
Cost of shares redeemed — Class I | | | (179,379,504 | ) | | | (774,042,182 | ) |
Cost of shares redeemed — Class M | | | (24,702,673 | ) | | | (79,970,694 | ) |
Net increase in net assets from capital share transactions | | | 592,866,151 | | | | 532,790,842 | |
| Total increase in net assets | | | 558,599,149 | | | | 768,471,647 | |
| | |
| NET ASSETS: | | | | | | | | |
Beginning of period | | | 2,315,829,028 | | | | 1,547,357,381 | |
| | |
| End of period | | $ | 2,874,428,177 | | | $ | 2,315,829,028 | |
| | | | | | | | | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
191
| | |
| Consolidated Statement of Changes in Net Assets | | |
| | | | | | | | |
| |
| | | STONE RIDGE DIVERSIFIED
ALTERNATIVES FUND | |
| | |
| | | PERIOD ENDED
APRIL 30, 2024
(UNAUDITED) | | | YEAR ENDED
OCTOBER 31, 2023 | |
| | |
| OPERATIONS: | | | | | | | | |
Net investment income | | $ | 40,007,702 | | | $ | 43,366,840 | |
| Net realized gain (loss) on investments: | | | | | | | | |
Unaffiliated issuers | | | (13,374,280 | ) | | | (13,123,440 | ) |
Affiliated issuers | | | — | | | | (6,421,291 | ) |
Foreign currencies | | | 161,795 | | | | (63,537 | ) |
Forward currency contracts | | | (1,122,163 | ) | | | 165,027 | |
Futures contracts | | | (130,260,538 | ) | | | (151,176,793 | ) |
Increase in payments from affliates | | | — | | | | 440 | |
Swap contracts | | | (131,421 | ) | | | 5,796,758 | |
Written options | | | 136,008,884 | | | | 230,905,010 | |
| Net change in unrealized appreciation (depreciation) on: | | | | | | | | |
Investments | | | | | | | | |
Unaffiliated issuers | | | (3,646,126 | ) | | | 14,968,336 | |
Affiliated issuers | | | (88,821 | ) | | | 20,521,614 | |
Foreign currencies | | | (6,155 | ) | | | 10,084 | |
Forward currency contracts | | | (525,532 | ) | | | 5,788,075 | |
Futures contracts | | | 13,028,177 | | | | 680,089 | |
Risk share contracts | | | 2,035,565 | | | | — | |
Swap contracts | | | (335,876 | ) | | | (1,143,905 | ) |
Written options | | | (39,064,597 | ) | | | 2,664,476 | |
Net increase in net assets resulting from operations | | | 2,686,614 | | | | 152,937,783 | |
| | |
| DISTRIBUTIONS TO SHAREHOLDERS: | | | | | | | | |
Net dividends and distributions — Class I | | | (128,437,263 | ) | | | (13,506,346 | ) |
Net dividends and distributions — Class J | | | (4,676,587 | ) | | | (917,052 | ) |
Total distributions | | | (133,113,850 | ) | | | (14,423,398 | ) |
| | |
| CAPITAL SHARE TRANSACTIONS: | | | | | | | | |
Proceeds from shares sold — Class I | | | 404,049,031 | | | | 537,152,603 | |
Proceeds from shares sold — Class J | | | 7,914,634 | | | | 12,420,962 | |
Proceeds from shares issued to holders in reinvestment of dividends — Class I | | | 72,814,486 | | | | 12,016,367 | |
Proceeds from shares issued to holders in reinvestment of dividends — Class J | | | 4,053,866 | | | | 901,589 | |
Cost of shares redeemed — Class I | | | (217,977,883 | ) | | | (95,298,247 | ) |
Cost of shares redeemed — Class J | | | (13,529,086 | ) | | | (6,723,118 | ) |
Net increase in net assets from capital share transactions | | | 257,325,048 | | | | 460,470,156 | |
| Total increase in net assets | | | 126,897,812 | | | | 598,984,541 | |
| | |
| NET ASSETS: | | | | | | | | |
Beginning of period | | | 1,050,577,708 | | | | 451,593,167 | |
| | |
| End of period | | $ | 1,177,475,520 | | | $ | 1,050,577,708 | |
| | | | | | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
192
| | |
| Statement of Cash Flows | | For the Period Ended April 30, 2024 (Unaudited) |
| | | | |
| |
| | | STONE RIDGE HIGH YIELD
REINSURANCE RISK PREMIUM FUND | |
| |
| CASH FLOWS FROM OPERATING ACTIVITIES | | | | |
Net increase in net assets resulting from operations | | $ | 170,733,000 | |
| Adjustments to reconcile net decrease in net assets resulting from operations to net cash used in operating activities: | | | | |
Net realized and unrealized loss on investments | | | (42,605,418 | ) |
Amortization and accretion of premium and discount | | | (4,537,504 | ) |
| Changes in assets and liabilities: | | | | |
Interest receivable | | | (5,134,335 | ) |
Other assets | | | (200,215 | ) |
Payable to Custodian | | | (15,997 | ) |
Payable to Trustees | | | (1,552 | ) |
Payable for Chief Compliance Officer compensation | | | 422 | |
Interest payable | | | 16,500 | |
Accrued distribution fees | | | (2,540 | ) |
Other accrued expenses | | | (57,660 | ) |
Payable to Adviser | | | 706,202 | |
Purchases of investments | | | (1,051,904,257 | ) |
Proceeds from sale of investments | | | 416,440,353 | |
Proceeds from cost adjustments | | | 5,757,787 | |
Net purchases and sales of short-term investments | | | 75,776,771 | |
Net cash used in operating activities | | | (435,028,443 | ) |
| |
| CASH FLOWS FROM FINANCING ACTIVITIES: | | | | |
Proceeds from shares issued | | | 739,885,843 | |
Payment on shares redeemed | | | (204,763,571 | ) |
Cash distributions to shareholders | | | (144,541,723 | ) |
Proceeds from reverse repurchase agreements | | | 151,718,740 | |
Payments on reverse repurchase agreements | | | (101,718,740 | ) |
Net cash provided by financing activities | | | 440,580,549 | |
Net increase in cash and restricted cash | | | 5,552,106 | |
Cash and restricted cash, beginning of period | | | 522,518 | |
Cash and restricted cash, end of period | | $ | 6,074,624 | |
| | | | | |
| |
| Supplemental Disclosures of Cash Flow and Non-Cash Information: | | | | |
Reinvested distributions | | $ | 104,111,318 | |
Cash paid for interest on reverse repurchase agreements | | $ | (577,665 | ) |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
193
| | |
| Consolidated Statement of Cash Flows | | Period Ended April 30, 2024 (Unaudited) |
| | | | |
| |
| | | STONE RIDGE DIVERSIFIED
ALTERNATIVES FUND | |
| |
| CASH FLOWS FROM OPERATING ACTIVITIES | | | | |
Net decrease in net assets resulting from operations | | $ | 2,686,614 | |
| Adjustments to reconcile net decrease in net assets resulting from operations to net cash used in operating activities: | | | | |
Net realized and unrealized loss: | | | 50,504,905 | |
Amortization and accretion of premium and discount | | | (15,578,212 | ) |
| Changes in assets and liabilities: | | | | |
Interest receivable | | | (727,044 | ) |
Other assets | | | (250,402 | ) |
Payable to Trustees | | | (998 | ) |
Payable for Chief Compliance Officer compensation | | | 422 | |
Interest payable | | | 50,273 | |
Other accrued expenses | | | (6,546 | ) |
Payable to Adviser | | | 258,844 | |
Purchases of investments | | | (219,566,210 | ) |
Proceeds from sale of investments | | | 85,291,634 | |
Proceeds from cost adjustments | | | 13,463,572 | |
Net purchases and sales of short-term investments | | | 22,578,110 | |
Net cash used in operating activities | | | (61,295,038 | ) |
| |
| CASH FLOWS FROM FINANCING ACTIVITIES: | | | | |
Proceeds from shares issued | | | 416,955,528 | |
Payment on shares redeemed | | | (232,049,347 | ) |
Cash distributions to shareholders | | | (56,245,498 | ) |
Proceeds from reverse repurchase agreements | | | 43,989,315 | |
Payments on reverse repurchase agreements | | | (36,953,315 | ) |
Net cash provided by financing activities | | | 135,696,683 | |
Net increase in cash and restricted cash | | | 74,401,645 | |
Cash and restricted cash, beginning of period | | | 5,114,483 | |
Cash and restricted cash, end of period | | $ | 79,516,128 | |
| | | | | |
| |
| Supplemental Disclosures of Cash Flow and Non-Cash Information: | | | | |
Reinvested distributions | | $ | 109,914,532 | |
Cash paid for interest on reverse repurchase aggreements | | $ | (603,648 | ) |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
194
| | |
| Financial Highlights | | April 30, 2024 |
| | | | | | | | | | | | | | | | |
| | | PER SHARE DATA: | |
| | | Income (loss) from Investment Operations | |
| | | Net Asset
Value,
Beginning
of Period | | | Net
Investment
Income (1) | | | Net Realized
and
Unrealized Gains
(Losses) | | | Total from
Investment
Operations | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND—CLASS I | | | | | | | | | | | | | | | | |
| Period Ended April 30, 2024 (Unaudited) | | $ | 9.19 | | | | 0.45 | | | | 0.16 | | | | 0.61 | |
| Year Ended October 31, 2023 | | $ | 8.09 | | | | 0.79 | | | | 1.00 | | | | 1.79 | (4) |
| Year Ended October 31, 2022 | | $ | 9.01 | | | | 0.44 | | | | (0.99 | ) | | | (0.55 | ) |
| Year Ended October 31, 2021 | | $ | 9.28 | | | | 0.43 | | | | (0.23 | ) | | | 0.20 | |
| Year Ended October 31, 2020 | | $ | 9.30 | | | | 0.45 | | | | 0.06 | | | | 0.51 | |
Year Ended October 31, 2019 | | $ | 9.54 | | | | 0.44 | | | | (0.19 | ) | | | 0.25 | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND—CLASS M | | | | | | | | | | | | | | | | |
| Period Ended April 30, 2024 (Unaudited) | | $ | 9.20 | | | | 0.45 | | | | 0.15 | | | | 0.60 | |
| Year Ended October 31, 2023 | | $ | 8.09 | | | | 0.78 | | | | 1.01 | | | | 1.79 | |
| Year Ended October 31, 2022 | | $ | 9.01 | | | | 0.43 | | | | (0.99 | ) | | | (0.56 | ) |
| Year Ended October 31, 2021 | | $ | 9.29 | | | | 0.42 | | | | (0.25 | ) | | | 0.17 | |
| Year Ended October 31, 2020 | | $ | 9.30 | | | | 0.43 | | | | 0.07 | | | | 0.50 | |
Year Ended October 31, 2019 | | $ | 9.53 | | | | 0.42 | | | | (0.18 | ) | | | 0.24 | |
| | (1) | | Net investment income per share has been calculated based on average shares outstanding during the period. |
| | (2) | | Total return represents the rate that an investor would have earned (or lost) on an investment in the Fund (assuming the reinvestment of all dividends and distributions). |
| | (3) | | Includes borrowing and investment-related expenses not covered by the Fund’s expense limitation agreement. See Note 4. |
| | (4) | | Includes increase in payments by Affiliates of less than $0.01. |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
195
| | |
| Financial Highlights | | April 30, 2024 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | SUPPLEMENT DATA AND RATIOS: | |
| Distributions to Shareholders | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net
Investment
Income | | | Net
Realized
Gains | | | Total
Distributions | | | Net
Asset
Value,
End of
Period | | | Total
Return(2) | | | Net Assets, End of Period (000’s) | | | Ratio of Expenses to Average Net
Assets (Before Expense Reimbursement/ Recoupment)(3) | | | Ratio of
Expenses to
Average Net Assets
(After Expense Reimbursement/ Recoupment)(3) | | | Ratio of Net
Investment Income
to Average Net Assets (Before Expense Reimbursement/
Recoupment)(3) | | | Ratio of Net
Investment Income
to Average Net Assets (After Expense Reimbursement/ Recoupment)(3) | | | Portfolio
Turnover Rate | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (0.75 | ) | | | — | | | | (0.75 | ) | | $ | 9.05 | | | | 6.93 | %(5) | | $ | 2,788,969 | | | | 1.70 | %(6) | | | 1.71 | %(6) | | | 10.05 | %(6) | | | 10.04 | %(6) | | | 20.85 | %(5) | | | | |
| | (0.69 | ) | | | — | | | | (0.69 | ) | | $ | 9.19 | | | | 22.92 | % | | $ | 2,213,275 | | | | 1.75 | % | | | 1.76 | % | | | 9.07 | % | | | 9.06 | % | | | 31.98 | % | | | | |
| | (0.37 | ) | | | — | | | | (0.37 | ) | | $ | 8.09 | | | | (6.40 | )% | | $ | 1,420,941 | | | | 1.74 | % | | | 1.72 | % | | | 4.97 | % | | | 4.99 | % | | | 25.70 | % | | | | |
| | (0.47 | ) | | | — | | | | (0.47 | ) | | $ | 9.01 | | | | 2.16 | % | | $ | 1,269,044 | | | | 1.73 | % | | | 1.69 | % | | | 4.73 | % | | | 4.77 | % | | | 28.45 | % | | | | |
| | (0.53 | ) | | | — | | | | (0.53 | ) | | $ | 9.28 | | | | 5.73 | % | | $ | 886,011 | | | | 1.73 | % | | | 1.68 | % | | | 4.87 | % | | | 4.92 | % | | | 50.26 | % | | | | |
| | (0.49 | ) | | | — | | | | (0.49 | ) | | $ | 9.30 | | | | 2.87 | % | | $ | 800,883 | | | | 1.71 | % | | | 1.70 | % | | | 4.75 | % | | | 4.76 | % | | | 21.85 | % | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (0.75 | ) | | | — | | | | (0.75 | ) | | $ | 9.05 | | | | 6.79 | %(5) | | $ | 85,459 | | | | 1.80 | %(6) | | | 1.81 | %(6) | | | 9.89 | %(6) | | | 9.88 | %(6) | | | 20.85 | %(5) | | | | |
| | (0.68 | ) | | | — | | | | (0.68 | ) | | $ | 9.20 | | | | 22.93 | % | | $ | 102,554 | | | | 1.80 | % | | | 1.81 | % | | | 8.98 | % | | | 8.97 | % | | | 31.98 | % | | | | |
| | (0.36 | ) | | | — | | | | (0.36 | ) | | $ | 8.09 | | | | (6.49 | )% | | $ | 126,416 | | | | 1.82 | % | | | 1.80 | % | | | 4.83 | % | | | 4.85 | % | | | 25.70 | % | | | | |
| | (0.45 | ) | | | — | | | | (0.45 | ) | | $ | 9.01 | | | | 1.90 | % | | $ | 148,332 | | | | 1.88 | % | | | 1.84 | % | | | 4.57 | % | | | 4.61 | % | | | 28.45 | % | | | | |
| | (0.51 | ) | | | — | | | | (0.51 | ) | | $ | 9.29 | | | | 5.68 | % | | $ | 113,008 | | | | 1.87 | % | | | 1.82 | % | | | 4.72 | % | | | 4.77 | % | | | 50.26 | % | | | | |
| | (0.47 | ) | | | — | | | | (0.47 | ) | | $ | 9.30 | | | | 2.78 | % | | $ | 116,551 | | | | 1.86 | % | | | 1.85 | % | | | 4.61 | % | | | 4.62 | % | | | 21.85 | % | | | | |
| | | | |
| | The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
196
| | |
| Consolidated Financial Highlights | | April 30, 2024 |
| | | | | | | | | | | | | | | | |
| | | PER SHARE DATA: | |
| | | Income (loss) from Investment Operations | |
| | |
Net Asset
Value,
Beginning
of Period | | | Net
Investment
Income(2) | | | Net Realized
and
Unrealized
Gains | | | Total from
Investment
Operations | |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND—CLASS I | | | | | | | | | | | | | | | | |
| Period Ended April 30, 2024 (Unaudited) | | $ | 12.31 | | | | 0.41 | (4) | | | (0.40 | )(4) | | | 0.01 | (4) |
| Year Ended October 31, 2023 | | $ | 10.11 | | | | 0.74 | (4) | | | 1.79 | (4) | | | 2.53 | (4)(8) |
| Year Ended October 31, 2022 | | $ | 11.19 | | | | 0.25 | (4) | | | (0.40 | )(4) | | | (0.15 | )(4) |
| Year Ended October 31, 2021 | | $ | 10.42 | | | | 0.14 | (4) | | | 0.95 | (4) | | | 1.09 | (4) |
Period Ended October 31, 2020(1) | | $ | 10.00 | | | | 0.09 | (4) | | | 0.33 | (4) | | | 0.42 | (4) |
| STONE RIDGE DIVERSIFIED ALTERNATIVES FUND—CLASS J* | | | | | | | | | | | | | | | | |
| Period Ended April 30, 2024 (Unaudited) | | $ | 12.23 | | | | 0.39 | (4) | | | (0.40 | )(4) | | | (0.01 | )(4) |
| Year Ended October 31, 2023 | | $ | 10.05 | | | | 0.67 | (4) | | | 1.82 | (4) | | | 2.49 | (4) |
| Year Ended October 31, 2022 | | $ | 11.15 | | | | 0.22 | (4) | | | (0.40 | )(4) | | | (0.18 | )(4) |
| Year Ended October 31, 2021 | | $ | 10.42 | | | | 0.08 | (4) | | | 0.96 | (4) | | | 1.04 | (4) |
Period Ended October 31, 2020(1) | | $ | 10.00 | | | | 0.08 | (4) | | | 0.34 | (4) | | | 0.42 | (4) |
| | (1) | | The Fund commenced operations on May 1, 2020. |
| | (2) | | Net investment income (loss) per share has been calculated based on average shares outstanding during the period. |
| | (3) | | Total return represents the rate that an investor would have earned (or lost) on an investment in the Fund (assuming the reinvestment of all dividends and distributions). |
| | (4) | | Per share amounts include income and expenses of the Stone Ridge Diversified Alternatives Fund, which are shown on the Fund’s Statement of Operations. Amounts do not include the Fund’s proportionate share of the income and expenses of the underlying investee funds. |
| | (7) | | Includes investment-related expenses not covered by the Fund’s expense limitation agreement. See Note 4. |
| | (8) | | Includes increase in payments by Affiliates of less than $0.01. |
| | * | | On January 22, 2021, the Fund’s Class M shares were redesignated as Class J shares. |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
197
| | |
| Consolidated Financial Highlights | | April 30, 2024 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | SUPPLEMENT DATA AND RATIOS: | |
| Distributions to Shareholders | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net
Investment
Income | | | Net
Realized
Gains | | | Return
of
Capital | | | Total
Distributions | | | Net
Asset
Value,
End of
Period | | | Total
Return(3) | | | Net Assets,
End of
Period
(000’s) | | | Ratio of
Expenses to
Average Net
Assets (Before
Expense
Reimbursement/ Recoupment)(7) | | | Ratio of
Expenses to
Average Net
Assets (After
Expense
Reimbursement/ Recoupment) (7) | | | Ratio of Net
Investment
Income (Loss)
to Average Net
Assets (Before
Expense
Reimbursement/ Recoupment)(7) | | | Ratio of Net
Investment
Income (Loss)
to Average Net
Assets (After
Expense
Reimbursement/ Recoupment)(7) | | | Portfolio
Turnover Rate | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (1.37 | ) | | | (0.22 | ) | | | — | | | | (1.59 | ) | | $ | 10.73 | | | | 0.35 | %(5) | | $ | 1,138,180 | | | | 2.02 | %(6) | | | 2.08 | %(6) | | | 7.44 | %(6) | | | 7.38 | %(6) | | | 23.17 | %(5) | | | | |
| | (0.11 | ) | | | (0.22 | ) | | | — | | | | (0.33 | ) | | $ | 12.31 | | | | 25.59 | % | | $ | 1,005,021 | | | | 1.87 | % | | | 1.77 | % | | | 6.47 | % | | | 6.57 | % | | | 21.62 | % | | | | |
| | (0.78 | ) | | | (0.15 | ) | | | — | | | | (0.93 | ) | | $ | 10.11 | | | | (1.51 | )% | | $ | 420,024 | | | | 1.53 | % | | | 1.27 | % | | | 2.15 | % | | | 2.41 | % | | | 24.56 | % | | | | |
| | (0.26 | ) | | | (0.06 | ) | | | — | | | | (0.32 | ) | | $ | 11.19 | | | | 10.70 | % | | $ | 201,434 | | | | 2.13 | % | | | 1.15 | % | | | 0.30 | % | | | 1.28 | % | | | 33.34 | % | | | | |
| | — | | | | — | | | | — | | | | — | | | $ | 10.42 | | | | 4.20 | %(5) | | $ | 20,261 | | | | 3.57 | %(6) | | | 1.04 | %(6) | | | -0.80 | %(6) | | | 1.73 | %(6) | | | 28.54 | %(5) | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (1.33 | ) | | | (0.22 | ) | | | — | | | | (1.55 | ) | | $ | 10.67 | | | | 0.10 | %(5) | | $ | 39,296 | | | | 2.31 | % | | | 2.37 | %(6) | | | 7.10 | %(6) | | | 7.04 | %(6) | | | 23.17 | %(5) | | | | |
| | (0.09 | ) | | | (0.22 | ) | | | — | | | | (0.31 | ) | | $ | 12.23 | | | | 25.29 | % | | $ | 45,556 | | | | 2.13 | % | | | 2.03 | % | | | 6.00 | % | | | 6.10 | % | | | 21.62 | % | | | | |
| | (0.77 | ) | | | (0.15 | ) | | | — | | | | (0.92 | ) | | $ | 10.05 | | | | (1.80 | )% | | $ | 31,569 | | | | 1.83 | % | | | 1.57 | % | | | 1.85 | % | | | 2.11 | % | | | 24.56 | % | | | | |
| | (0.25 | ) | | | (0.06 | ) | | | — | | | | (0.31 | ) | | $ | 11.15 | | | | 10.25 | % | | $ | 13,115 | | | | 2.35 | % | | | 1.46 | % | | | -0.19 | % | | | 0.70 | % | | | 33.34 | % | | | | |
| | — | | | | — | | | | — | | | | — | | | $ | 10.42 | | | | 4.20 | %(5) | | $ | 5 | | | | 3.64 | %(6) | | | 1.14 | %(6) | | | -0.87 | %(6) | | | 1.63 | %(6) | | | 28.54 | %(5) | | | | |
| | | | |
| | The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. | | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
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198
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
1. Organization
Stone Ridge Trust (the “Trust”) was organized as a Delaware statutory trust on September 28, 2012 and is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company issuing shares in multiple series, each series representing a distinct portfolio with its own investment objectives and policies. As of April 30, 2024, the Stone Ridge High Yield Reinsurance Risk Premium Fund (the “High Yield Reinsurance Fund”) and the Stone Ridge Diversified Alternatives Fund (the “Diversified Alternatives Fund”) were each series of the Trust. The High Yield Reinsurance Fund is non-diversified, while the Diversified Alternatives Fund is diversified. The High Yield Reinsurance Fund commenced operations on February 1, 2013. The Diversified Alternatives Fund commenced operations on May 1, 2020. The High Yield Reinsurance Fund offers two classes of shares to investors: Class I shares, with no front-end or back-end sales charges, and no 12b-1 fees; and Class M shares, with no front-end or back-end sales charges, and a 0.15% 12b-1 fee. The Diversified Alternatives Fund offers two classes of shares to investors: Class I shares and Class J shares, with no front-end or back-end sales charges, and no 12b-1 fees; for Class J shares, unlike Class I shares, intermediary fees are paid out of the Fund’s Class J shares’ assets on an ongoing basis. The Funds do not charge redemption fees. There are an unlimited number of authorized shares.
The investment objective of the High Yield Reinsurance Fund is to seek a high level of total return consisting of income and preservation of capital. The High Yield Reinsurance Fund pursues its investment objective by investing primarily in reinsurance-related securities, including event-linked bonds, preference shares or participation notes issued in connection with quota shares (“Quota Share Notes”), and, to a lesser extent, preference shares or participation notes issued in connection with industry loss warranties (“ILW Notes”), event-linked swaps, equity securities (publicly or privately offered) or the derivatives of equity securities of companies in the reinsurance and insurance industry (collectively, “reinsurance-related securities”). The investment objective of the Diversified Alternatives Fund is to seek total return. The Diversified Alternatives Fund pursues its investment objective by generating income from diverse investment strategies that have potential for attractive returns such as reinsurance, market risk transfer, style premium investing, alternative lending, single family real estate and bitcoin.
The consolidated financial statements include the account of Stone Ridge Diversified Alternatives Sub Fund Ltd (the “Subsidiary”), which is a wholly-owned and controlled subsidiary of the Diversified Alternatives Fund. Reference made within this report to schedules of investments, statements of operations or statements of assets and liabilities refer to Consolidated Schedule of Investments, Consolidated Statement of Operations or Consolidated Statement of Assets and Liabilities for the Diversified Alternatives Fund. All intercompany accounts and transactions have been eliminated in consolidation. The Subsidiary gains exposure to the commodities markets by investing in commodity-linked derivatives such as commodity-linked futures, options and swaps. As of April 30, 2024, the Subsidiary’s net assets were $148,471,838, which represented 12.6% of the Diversified Alternatives Fund’s net assets.
2. Summary of Significant Accounting Policies
The following is a summary of significant accounting policies consistently followed by the Funds in the preparation of their financial statements. The financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”). The Funds are investment companies and apply specific accounting and financial reporting requirements under Financial Accounting Standards Board (“FASB”) Accounting Standards Topic 946, Financial Services-Investment Companies.
(a) Investment Valuation and Fair Value Measurement. The Board has approved procedures pursuant to which each Fund values its investments (the “Valuation Procedures”). The Board has established a Valuation Committee (the “Board Valuation Committee”), which has designated Stone Ridge Asset Management LLC (the “Adviser”) to serve as “valuation designee” in accordance with Rule 2a-5 of the 1940 Act and, in that capacity, to bear responsibility for implementing the Valuation Procedures, including performing fair valuation determinations relating to all investments held by the Funds (as needed), and periodically assessing and managing any material valuation risks and establishing and applying fair value methodologies subject to the oversight of the Board Valuation Committee and certain reporting and other requirements as described in the Valuation Procedures. A committee consisting of personnel of the Adviser (the “Adviser Valuation Committee”) performs certain functions in implementing the Valuation Procedures, including with respect to the performance of fair valuation determinations.
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| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
199
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
Listed below is a summary of certain of the methods generally used currently to value investments of each Fund under the Valuation Procedures:
With respect to pricing of insurance-linked securities for which at least one designated independent broker provides a price, that price (or, if multiple designated independent brokers provide a price, the average of such prices) will be used to value the security. The Funds typically utilize an independent data delivery vendor to obtain the prices, average them and communicate the resulting value to the Administrator. If no designated independent broker provides a price for the security in question, the Adviser Valuation Committee will generally utilize prices provided by one or more other brokers that the Adviser has approved to value the security. For certain securities, an administrator or third-party manager may regularly provide net asset values that may be used to determine the price at which an investor can subscribe for or redeem an investment in that security, subject to any relevant restrictions on the timing of such subscriptions or redemptions. The Adviser Valuation Committee will generally rely upon such valuations, with any necessary adjustment to reflect relevant corporate actions (e.g., dividends paid but not yet reflected in the reported net asset value).
Other insurance-linked securities are valued using an insurance industry model pursuant to procedures approved by the Board of Trustees.
The Diversified Alternatives Fund’s holdings in whole loans, securitizations and certain other types of alternative lending-related securities, and the Fund’s holdings in mortgage loans, mezzanine loans and certain other types of single-family real estate debt investments, are typically fair valued based on prices provided by a third-party pricing service. Each loan and fractional loan is fair valued using inputs that take into account individual borrower-level data (e.g., payment history) that is updated periodically to reflect new information regarding the borrower or loan.
Non-prime money market funds and cash sweep programs are generally valued at amortized cost which approximates fair value.
Other debt securities, including corporate and government debt securities (of U.S. or foreign issuers) and municipal debt securities, loans, mortgage-backed securities, collateralized mortgage obligations and other asset-backed securities (except event-linked bonds) are valued by an independent pricing service at an evaluated (or estimated) mean between the closing bid and asked prices.
Reverse repurchase agreements are accounted for at amortized cost, which approximates fair value.
For investments in investment companies (other than non-prime money market funds) that are registered under the 1940 Act, the value of the shares of such funds is calculated based upon the net asset value (“NAV”) per share of such funds. The prospectuses for such funds explain the circumstances under which they will use fair value pricing and its effects.
The Diversified Alternatives Fund’s holdings in private funds are fair valued based on valuations of the Fund’s interests in such private funds provided by the managers of such private funds or their agents. Valuations will be provided to the Fund on a monthly or quarterly basis based on the interim unaudited financial statements of such private funds, and, therefore, will be estimates subject to adjustment (upward or downward) upon the completion of the audit of such financial statements and may fluctuate as a result. The Fund will perform an independent review of such valuations and will consider all relevant information, including the reliability of the pricing information provided by the managers of the private funds. The Fund may conclude, in certain circumstances, that the valuation provided by the manager of a private fund is not indicative of what actual fair value would be in an active, liquid or established market. In those circumstances, the Fund may value its interests in the private fund at a discount or a premium to the valuation it receives from the private fund. Additionally, between the monthly or quarterly dates on which such private fund provides a net asset value, the valuation of the Fund’s interest in such private fund may be adjusted more frequently based on the estimated total return that such private fund will generate during such period and other general market or private fund -specific changes the Adviser is aware of. At the end of the month or quarter, as applicable, each private fund’s net asset value is adjusted based on the actual income and appreciation or depreciation realized by such private fund when the monthly or quarterly valuations and income are reported.
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| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
200
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
Equity securities (other than insurance-linked securities that are valued pursuant to the valuation methods described above) are valued at the last sale, official close or if there are no reported sales at the mean between the bid and asked price on the primary exchange on which they are traded. The values of the Funds’ investments in publicly-traded foreign equity securities generally will be the closing or final trading prices in the local trading markets but may be adjusted based on values determined by a pricing service using pricing models designed to estimate changes in the values of those securities between the times in which the trading in those securities is substantially completed and the close of the New York Stock Exchange (“NYSE”).
Exchange-traded derivatives, such as options and futures contracts, are valued at the settlement price on the exchange or mean of the bid and asked prices.
Non-exchange traded derivatives, including over-the-counter (“OTC”) options, swaps, and forwards, are generally valued on the basis of valuations provided by a pricing service or using quotes provided by a broker/dealer (typically the counterparty).
Generally, each Fund must value its assets using market quotations when they are readily available. If, with respect to any portfolio instrument, market quotations are not readily available or available market quotations are deemed to be unreliable by the Adviser Valuation Committee, then such instruments will be valued as determined in good faith by the Adviser Valuation Committee. In these circumstances, the Funds determine fair value in a manner that seeks to reflect the market value of the security on the valuation date based on consideration by the Adviser Valuation Committee of any information or factors it deems appropriate.
Fair value pricing may require subjective determinations about the value of a portfolio instrument. Fair values may differ from quoted or published prices, or from prices that are used by others, for the same investments. Also, the use of fair value pricing may not always result in adjustments to the prices of securities or other assets or liabilities held by a Fund. It is possible that the fair value determined for a security may be materially different than the value that could be realized upon the sale of such security. Thus, fair valuation may have an unintended dilutive or accretive effect on the value of shareholders’ investments in a Fund.
A substantial portion of the Funds’ investments are U.S. dollar denominated investments. Investments initially valued in currencies other than the U.S. dollar are converted to U.S. dollars using exchange rates obtained from pricing services. As a result, the NAV of a Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. International markets are sometimes open on days when U.S. markets are closed, which means that the value of foreign securities owned by a Fund could change on days when Fund shares cannot be bought or sold. The value of investments traded in markets outside the U.S. or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed, and the NAV of a Fund’s shares may change on days when an investor is not able to purchase, redeem or exchange shares. The calculation of a Fund’s NAV may not take place contemporaneously with the determination of the prices of foreign securities used in NAV calculations.
The Funds adhere to authoritative fair valuation accounting standards that set out a hierarchy for measuring fair valuation inputs. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion of changes in valuation techniques and related inputs during the period. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:
Level 1 Inputs: quoted prices (unadjusted) in active markets for identical assets or liabilities that the Fund can access at the measurement date;
Level 2 Inputs: inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly including inputs in markets that are not considered to be active or in active markets for similar assets or liabilities, observable inputs other than quoted prices and inputs that are not directly observable but are corroborated by observable market data;
Level 3 Inputs: significant unobservable inputs for the asset or liability.
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
201
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
Inputs are used in applying the various valuation techniques and broadly refer to the assumptions that market participants use to make valuation decisions, including assumptions about risk. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. However, the determination of what constitutes “observable” requires significant judgment by the Adviser. The Adviser considers observable data to be that market data which is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. The categorization of a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Adviser’s perceived risk of that instrument.
There were transfers between Level 2 and Level 3 during the reporting period. The transfers from Level 2 to Level 3 occurred because there was no longer observable market data for these securities as of April 30, 2024. The transfers from Level 3 to Level 2 occurred because previously unobservable market data became available as of April 30, 2024. The following table summarizes the inputs used to value the Funds’ investments as of April 30, 2024:
| | | | | | | | | | | | | | | | |
| DESCRIPTION | | LEVEL 1 | | | LEVEL 2 | | | LEVEL 3 | | | TOTAL | |
| High Yield Reinsurance Fund | | | | | | | | | | | | | | | | |
Assets | | | | | | | | | | | | | | | | |
| Event-Linked Bonds | | | | | | | | | | | | | | | | |
Chile | | $ | — | | | $ | 26,176,579 | | | $ | — | | | $ | 26,176,579 | |
Europe | | | — | | | | 59,185,847 | | | | 3,645,721 | | | | 62,831,568 | |
Global | | | — | | | | 252,462,693 | | | | 3,064,050 | | | | 255,526,743 | |
Jamaica | | | — | | | | 24,768,000 | | | | — | | | | 24,768,000 | |
Japan | | | — | | | | 75,927,952 | | | | — | | | | 75,927,952 | |
Mexico | | | — | | | | 45,878,753 | | | | — | | | | 45,878,753 | |
New Zealand | | | — | | | | 10,179,121 | | | | — | | | | 10,179,121 | |
United States (1) | | | — | | | | 1,999,146,701 | | | | 3,595,009 | | | | 2,002,741,710 | |
Total Event-Linked Bonds | | | — | | | | 2,493,725,646 | | | | 10,304,780 | | | | 2,504,030,426 | |
Quota Shares and Other Reinsurance-Related Securities | | | | | | | | | | | | | | | | |
Participation Notes (2) | | | — | | | | — | | | | 73,682,707 | | | | 73,682,707 | |
Preference Shares (2) | | | | | | | | | | | | | | | | |
Global | | | — | | | | — | | | | 286,674,425 | | | | 286,674,425 | |
United States | | | — | | | | — | | | | 4,457,900 | | | | 4,457,900 | |
Total Quota Shares and Other Reinsurance-Related Securities | | | — | | | | — | | | | 364,815,032 | | | | 364,815,032 | |
Money Market Funds | | | 18,186,457 | | | | — | | | | — | | | | 18,186,457 | |
| | | | |
Total Assets | | $ | 18,186,457 | | | $ | 2,493,725,646 | | | $ | 375,119,812 | | | $ | 2,887,031,915 | |
| | | | |
| | | | | | | | | | | | | | | | |
| Diversified Alternatives Fund | | | | | | | | | | | | | | | | |
Assets | | | | | | | | | | | | | | | | |
Asset-Backed Securities | | $ | — | | | $ | — | | | $ | 116,960,122 | | | $ | 116,960,122 | |
| Event Linked Bonds | | | | | | | | | | | | | | | | |
Chile | | | — | | | | 4,023,814 | | | | — | | | | 4,023,814 | |
Europe | | | — | | | | 7,612,388 | | | | 459,004 | | | | 8,071,392 | |
Global | | | — | | | | 34,888,505 | | | | 401,400 | | | | 35,289,905 | |
Jamaica | | | — | | | | 3,124,000 | | | | — | | | | 3,124,000 | |
Japan | | | — | | | | 9,460,999 | | | | — | | | | 9,460,999 | |
Mexico | | | — | | | | 5,918,743 | | | | — | | | | 5,918,743 | |
New Zealand | | | — | | | | 1,552,456 | | | | — | | | | 1,552,456 | |
United States (1) | | | — | | | | 290,206,416 | | | | 317,872 | | | | 290,524,288 | |
Total Event-Linked Bonds | | | — | | | | 356,787,321 | | | | 1,178,276 | | | | 357,965,597 | |
Investment Companies—Open End | | | 7,073,535 | | | | — | | | | — | | | | 7,073,535 | |
Quota Shares and Other Reinsurance-Related Securities | | | | | | | | | | | | | | | | |
Participation Notes (2) | | | — | | | | — | | | | 43,639,230 | | | | 43,639,230 | |
Preference Shares (2) | | | — | | | | — | | | | 47,243,809 | | | | 47,243,809 | |
Total Quota Shares and Other Reinsurance-Related Securities | | | — | | | | — | | | | 90,883,039 | | | | 90,883,039 | |
Purchased Options | | | 3,830,343 | | | | 258,989 | | | | — | | | | 4,089,332 | |
Money Market Funds | | | 57,318,352 | | | | — | | | | — | | | | 57,318,352 | |
U.S. Treasury Bills | | | — | | | | 462,569,423 | | | | — | | | | 462,569,423 | |
| Whole Loans | | | | | | | | | | | | | | | | |
Consumer Loans (1)(2) | | | — | | | | — | | | | 54,076,237 | | | | 54,076,237 | |
Small Business Loans (2) | | | — | | | | — | | | | 11,212,609 | | | | 11,212,609 | |
Student Loans (2) | | | — | | | | — | | | | 47,091 | | | | 47,091 | |
Total Whole Loans | | | — | | | | — | | | | 65,335,937 | | | | 65,335,937 | |
| | | | |
Total Assets | | $ | 68,222,230 | | | $ | 819,615,733 | | | $ | 274,357,374 | | | $ | 1,162,195,337 | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
202
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
| | | | | | | | | | | | | | | | |
| DESCRIPTION | | LEVEL 1 | | | LEVEL 2 | | | LEVEL 3 | | | TOTAL | |
Liabilities | | | | | | | | | | | | | | | | |
Written Options | | $ | 68,175,003 | | | $ | 798,595 | | | $ | — | | | $ | 68,973,598 | |
| | | | |
Total Liabilities | | $ | 68,175,003 | | | $ | 798,595 | | | $ | — | | | $ | 68,973,598 | |
Other Financial Instruments* | | | | | | | | | | | | | | | | |
Unrealized appreciation on forward currency contracts | | $ | — | | | $ | 6,591,075 | | | $ | — | | | $ | 6,591,075 | |
Unrealized depreciation on forward currency contracts | | | — | | | | (4,671,249 | ) | | | — | | | | (4,671,249 | ) |
Unrealized appreciation on futures contracts | | | 24,316,719 | | | | — | | | | — | | | | 24,316,719 | |
Unrealized depreciation on futures contracts | | | (11,706,531 | ) | | | — | | | | — | | | | (11,706,531 | ) |
Unrealized appreciation on risk share contracts | | | — | | | | — | | | | 2,035,565 | | | | 2,035,565 | |
Unrealized depreciation on swap contracts | | | — | | | | (174,610 | ) | | | — | | | | (174,610 | ) |
| | | | |
Total | | $ | 12,610,188 | | | $ | 1,745,216 | | | $ | 2,035,565 | | | $ | 16,390,969 | |
| (1) | Includes Level 3 investments with a value of zero. |
| (2) | For further security characteristics, see the Funds’ Schedules of Investments. |
| * | These instruments are reflected at the unrealized appreciation (depreciation) on the instrument. |
Below is a reconciliation that details the activity of securities in Level 3 during the period ended April 30, 2024:
| | | | | | | | | | | | |
| | | HIGH YIELD REINSURANCE FUND | |
| | | EVENT-LINKED BONDS | | | PARTICIPATION NOTES | | | PREFERENCE SHARES | |
Beginning Balance—November 1, 2023 | | $ | 38,335,392 | | | $ | 86,226,065 | | | $ | 219,655,130 | |
Acquisitions | | | 7,890,249 | | | | 56,225,673 | | | | 44,393,039 | |
Dispositions | | | (2,329,001 | ) | | | (74,633,363 | ) | | | — | |
Realized gain (loss) | | | (391,297 | ) | | | 3,505,460 | | | | — | |
Return of capital | | | — | | | | — | | | | (5,757,787 | ) |
Change in unrealized appreciation (depreciation) | | | (3,019,910 | ) | | | 2,358,872 | | | | 32,841,943 | |
Transfers into Level 3 | | | 3,675,006 | | | | — | | | | — | |
Transfers out of Level 3 | | | (33,855,659 | ) | | | — | | | | — | |
Ending Balance—April 30, 2024 | | $ | 10,304,780 | | | $ | 73,682,707 | | | $ | 291,132,325 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | DIVERSIFIED ALTERNATIVES FUND | |
| | | ASSET-
BACKED
SECURITIES | | | EVENT-
LINKED
BONDS | | | PARTICIPATION
NOTES | | | PREFERENCE
SHARES | | | RISK SHARE
CONTRACTS | | | WHOLE
LOAN-
CONSUMER
LOANS | | | WHOLE
LOAN-
SMALL
BUSINESS
LOANS | | | WHOLE
LOAN-
STUDENT
LOANS | |
Beginning Balance—November 1, 2023 | | $ | 101,199,780 | | | $ | 5,092,796 | | | $ | 41,315,136 | | | $ | 44,048,793 | | | $ | — | | | $ | 47,124,991 | | | $ | — | | | $ | 61,740 | |
Acquisitions | | | 44,043,311 | | | | 1,889,029 | | | | 33,504,078 | | | | — | | | | — | | | | 21,225,645 | | | | 13,512,742 | | | | 64 | |
Dispositions | | | (21,321,061 | ) | | | (305,000 | ) | | | (35,143,240 | ) | | | — | | | | — | | | | (10,748,215 | ) | | | (2,344,949 | ) | | | (9,806 | ) |
Realized gain (loss) | | | (1,120,116 | ) | | | — | | | | 672,394 | | | | — | | | | — | | | | (3,262,652 | ) | | | (406 | ) | | | (11,189 | ) |
Return of capital | | | (3,023,061 | ) | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
Change in unrealized appreciation (depreciation) | | | (2,818,731 | ) | | | (1,476,415 | ) | | | 3,290,862 | | | | 3,195,016 | | | | 2,035,565 | | | | (263,532 | ) | | | 45,222 | | | | 6,282 | |
Transfers into Level 3 | | | — | | | | 408,083 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
Transfers out of Level 3 | | | — | | | | (4,430,217 | ) | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
Ending Balance—April 30, 2024 | | $ | 116,960,122 | | | $ | 1,178,276 | | | $ | 43,639,230 | | | $ | 47,243,809 | | | $ | 2,035,565 | | | $ | 54,076,237 | | | $ | 11,212,609 | | | $ | 47,091 | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
203
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
As of April 30, 2024, the change in unrealized appreciation (depreciation) on Level 3 positions held in the High Yield Reinsurance Fund was $(10,989,889) for Event-Linked Bonds, $1,485,588 for Participation notes, and $32,841,943 for Preference Shares. As of April 30, 2024, the change in unrealized appreciation (depreciation) on positions held in the Diversified Alternatives Fund was $(2,774,579) for Asset-Backed Securities, $(2,413,685) for Event-Linked Bonds, $3,290,862 for Participation Notes, $3,195,016 for Preference Shares, $2,035,565 for Risk Share Contracts, $(2,708,553) for Whole Loan-Consumer Loans, $45,222 for Whole Loan-Small Business Loans, and $(2,302) for Whole Loan-Student Loans.
Unobservable inputs for participation notes and preference shares included losses from severe weather events, other natural and non-natural catastrophes and insurance and reinsurance premiums. Significant decreases in premiums or increases in losses related to severe weather or other natural and non-natural catastrophes in isolation would result in a significantly lower fair value measurement. Participation notes and preference shares are monitored daily for significant events that could affect the value of the instruments. The value of asset-backed securities is determined by the forecast performance of alternative lending loans and single-family rental homes in each security’s respective underlying asset pool and the priority the security has with respect to the cash flows of such assets. Because the securities have exposure to the underlying loans and homes, any deterioration of the assets (indicated through higher prepayment, default, severity and discount rates) may result in a markdown of fair values.
The value of risk share contracts held by the Fund are determined using a discounted cash flow framework that takes into account the underlying loans pertaining to each contract’s actual losses as of April 30, 2024 and estimated loss forecasts through each contract’s maturity date. The loss forecasts are based on industry and platform historical loan performance. Higher expectations of losses relative to initial expected losses (subject to a cap), due to factors such as rising delinquencies within each contract vintage or a deteriorating macroeconomic environment, would result in an increase in a contract’s unrealized gain.
Whole Loans are valued using a discounted cash flow framework that takes into account the original purchase price, the scheduled loan payments, and forecast losses. The loss and discount rate forecasts are based on industry and platform historical loan performance, as well as evaluation of the current underwriting environment. Higher expectations of losses and higher discount rates, due to factors such as rising delinquencies on a platform’s loans or a deteriorating macroeconomic environment, would result in a markdown of fair values.
The following table summarizes the quantitative inputs used for investments categorized as Level 3 of the fair value hierarchy as of April 30, 2024.
High Yield Reinsurance Fund
| | | | | | | | | | | | | | |
| | | | | | |
| TYPE OF SECURITY | | INDUSTRY | | FAIR VALUE AT
4/30/2024 | | | VALUATION
TECHNIQUES | | UNOBSERVABLE INPUTS | | RANGE | | WEIGHTED
AVERAGE(1) |
Participation Notes | | Financial Services | | $ | 44,751,893 | | | Insurance industry model | | Estimated losses: Estimated premium earned: | | $2.8MM-$9.3MM
$3.4MM-$10.6MM | | $4.6MM
$10.2MM |
| | | | | | |
| | | | | | | | | | | | | | |
Preference Shares | | Financial Services | | $ | 245,751,966 | | | Insurance industry model | | Estimated losses: Estimated premium earned: | | $0.0MM-$49.8MM
$0.0MM-$47.5MM | | $10.5MM
$24.4MM |
The Level 3 securities listed above were fair valued by the Adviser Valuation Committee using an insurance industry loss model pursuant to procedures approved by the Board of Trustees. Other Level 3 securities not listed above were fair valued by the Adviser Valuation Committee using indicative bids pursuant to procedures approved by the Board of Trustees and have a value equal to $10,304,780 for Event-Linked Bonds, $28,930,814 for Participation Notes, and $45,380,359 for Preference Shares
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
204
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
Diversified Alternatives Fund
| | | | | | | | | | | | | | |
| | | | | | |
| TYPE OF SECURITY | | INDUSTRY | | FAIR VALUE AT
04/30/2024 | | | VALUATION
TECHNIQUES | | UNOBSERVABLE INPUTS | | RANGE | | WEIGHTED
AVERAGE(1) |
Asset-Backed Securities | | Financial Services | | $ | 116,960,122 | | | Discounted Cash Flow | | Constant Prepayment Rate Constant Default Rate Severity Discount Rate | | 0.00%-31.23%
0.00%-46.85%
84.33%-100.00%
6.69%-25.00% | | 9.74%
10.72%
89.71%
9.82% |
| | | | | | |
| | | | | | | | | | | | | | |
Participation Notes | | Financial Services | | $ | 8,473,875 | | | Insurance industry model | | Estimated losses: Estimated premium earned: | | $0.5MM-$1.2MM
$0.4MM-$2.1MM | | $0.9MM
$2.0MM |
| | | | | | |
| | | | | | | | | | | | | | |
Preference Shares | | Financial Services | | $ | 47,243,809 | | | Insurance industry model | | Estimated losses: Estimated premium earned: | | $5.9MM-$5.9MM
$23.9MM-$23.9MM | | $5.9MM
$23.9MM |
| | | | | | |
| | | | | | | | | | | | | | |
Risk Share Contracts | | Financial Services | | $ | 1,484,313 | | | Discounted Cash Flow | | Loss-Adjusted Discounted Rate Projected Loss Rate | | 20.00%-20.00%
5.62%-15.03% | | 20.00%
9.68% |
| | | | | | |
| | | | | | | | | | | | | | |
Risk Share Contracts | | Financial Services | | $ | 551,252 | | | Discounted Cash Flow | | Loss-Adjusted Discounted Rate Projected Loss Rate | | 20.00%-20.00%
5.62%-15.03% | | 20.00%
9.68% |
| | | | | | |
| | | | | | | | | | | | | | |
Whole Loans—Consumer Loans | | Financial Services | | $ | 54,076,237 | | | Discounted Cash Flow | | Loss-Adjusted Discounted Rate Projected Loss Rate | | 2.24%-15.42%
1.29%-39.22% | | 7.13%
21.36% |
| | | | | | |
| | | | | | | | | | | | | | |
Whole Loans—Small Business Loans | | Financial Services | | $ | 11,212,609 | | | Discounted Cash Flow | | Loss-Adjusted Discounted Rate Projected Loss Rate | | 7.26%-16.96%
0.68%-8.07% | | 11.82%
2.22% |
| | | | | | |
| | | | | | | | | | | | | | |
Whole Loans—Student Loans | | Financial Services | | $ | 47,091 | | | Discounted Cash Flow | | Loss-Adjusted Discounted Rate Projected Loss Rate | | 5.94%-8.20%
10.45%-36.18% | | 7.68%
15.13% |
The Level 3 securities listed above were fair valued by the Adviser Valuation Committee using an insurance industry model pursuant to procedures approved by the Board of Trustees. Other Level 3 securities not listed above were fair valued by the Adviser Valuation Committee using indicative bids pursuant to procedures approved by the Board of Trustees and have a value equal to $1,178,276 for Event-Linked Bonds, and $35,165,355 for Participation Notes.
| (1) | Weighted by relative fair value |
Derivative Transactions — The Funds may engage in derivatives for hedging and speculative purposes during the period ended April 30, 2024. The Diversified Alternatives Fund also engaged in derivatives to generate income from premiums.
Futures Contracts — The Funds may purchase and sell futures contracts. The Diversified Alternatives Fund held futures contracts during the period ended April 30, 2024. The High Yield Reinsurance Fund and Diversified Alternatives Fund may use futures contracts to hedge interest rate and foreign exchange rate exposure. With futures, there is minimal counterparty credit risk to the Funds since futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default. Upon entering into a contract, the Funds deposit and maintain as collateral, an initial margin as required by the exchange on which the transaction is effected. Pursuant to the contract the Funds agree to receive from or pay to the broker, an amount of cash equal to the daily fluctuation in value of the contract. Such receipts or payments are known as variation margin and are recorded by the Funds as unrealized gains and losses and included in cash held at broker and foreign currencies held at broker on the Consolidated Statement of Assets and Liabilities of Diversified Alternatives Fund. Variation margin is settled daily. When the contract is closed, the Funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.
The average notional amount of futures contracts during the period ended April 30, 2024, was as follows:
| | | | |
| | | DIVERSIFIED
ALTERNATIVES
FUND | |
Total long futures contracts | | $ | 426,640,740 | |
Total short futures contracts | | | 402,222,880 | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
205
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
Options — The Funds may purchase and write call or put options on securities and indices and enter into related closing transactions for speculative purposes or for hedging and risk management purposes. The Diversified Alternatives Fund writes put and call options to earn premium income. The Diversified Alternatives Fund purchased and wrote call or put options during the period ended April 30, 2024. With exchange-traded options, there is minimal counterparty credit risk to the Funds since options are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded options, guarantees the options against default. OTC options are customized agreements between the parties. With OTC options, there is no clearinghouse guarantee against default, thus OTC options are subject to the risk that the counterparty will not fulfill its obligations under the contract. As the writer of a call option, the Funds have the obligation to sell the security at the exercise price during or at the expiration of the exercise period. As a writer of a put option, the Funds have the obligation to buy the underlying security at the exercise price during or at the expiration of the exercise period. The premium that the Fund pays when purchasing a call option or receives when writing a call option will reflect, among other things, the market price of the security, the relationship of the exercise price to the market price of the security, the relationship of the exercise price to the volatility of the security, the length of the option period and supply and demand factors. The premium is the market value of the option.
A purchaser (holder) of a put option pays a non-refundable premium to the seller (writer) of a put option to obtain the right to sell a specified amount of a security at a fixed price (the exercise price) during a specified period (the exercise period). Conversely, the seller (writer) of a put option, upon payment by the holder of the premium, has the obligation to buy the security from the holder of the put option at the exercise price during or at the expiration of the exercise period. When a written put option (call option) is exercised, the premium originally received decreases the cost basis of the security sold short (or increases the proceeds on the underlying security), and the Funds realize a gain or loss from the closing of the short sale (or from the sale of the security).
Options on indices are similar to options on securities, except that upon exercise, index options require cash payments and do not involve the actual purchase or sale of securities.
The average market values of purchased and written options for the period ended April 30, 2024, were as follows:
| | | | |
| | | DIVERSIFIED
ALTERNATIVES
FUND | |
Purchased Options | | $ | 5,485,896 | |
Written Options | | | 40,594,099 | |
Swaps — The Diversified Alternatives Fund enters into total return swaps. In a swap transaction, two parties generally agree to exchange the returns (or differentials in rates of return) earned or realized on a particular predetermined reference instrument or instruments, which can be adjusted for an interest rate factor. The gross returns to be exchanged or “swapped” between the parties are generally calculated with respect to a “notional amount” (i.e., the return on or increase in value of a particular dollar amount invested in a particular security or other asset or in a “basket” of securities representing a particular index). Other types of swap agreements may calculate the obligations of the parties to the agreement on a “net basis.” Consequently, a party’s current obligations (or rights) under a swap agreement will generally be equal only to the net amount to be paid or received under the agreement based on the relative values of the positions held by each party to the agreement (the “net amount”). The Diversified Alternatives Fund uses swaps for both speculative and hedging purposes.
The average market value of the total return swaps held during the period ended April 30, 2024, was $59,563 for long contracts and $(346,839) for short contracts.
Forward Currency Contracts — The Funds may enter into forward currency contracts for speculative purposes or for hedging and risk management purposes. The Diversified Alternatives Fund entered into forward currency contracts during the period ended April 30, 2024. When entering into a forward currency contract, in the case of a deliverable contract the Fund agrees to receive or deliver a fixed quantity of foreign currency for an agreed-upon price on an agreed future date or in the case of a non-deliverable contract to settle the equivalent in U.S. dollar. The Fund’s net equity therein, representing unrealized gain or loss on the contracts as measured by the difference between the forward foreign exchange rates at the dates of entry into the contracts and the forward rates at the reporting date. These instruments
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
206
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
may involve market risk from movements in currencies or credit risk from the possible inability of counterparties to meet the terms of their contracts. The average notional amount of forward currency contracts during the period ended April 30, 2024 was $438,008,866 for long contracts and $463,676,587 for short contracts.
Risk Share Contracts — The Diversified Alternatives Fund has entered into risk share contracts with several alternative lending platforms. These contracts track performance of select whole loan vintages. At the end of the contract, if the current expected losses of the select whole loan vintage are greater than initial expected losses, the alternative lending platform must pay the Fund an amount equal to such excess (subject to a cap between 1% and 5% of purchased notional per vintage and with a weighted average of 3.89% (“Cap”)). Accordingly, the Fund recognizes an unrealized gain throughout the life of the contract (subject to a Cap) if the vintage’s current expected losses are greater than initial expected losses and recognizes a realized gain when at the contract’s maturity, the vintage’s actual losses are greater than initial expected losses. At the end of a subset of risk share contracts, if the current expected losses of select whole loan vintages are less than initial expected losses, the Fund must pay the alternative lending platform an amount equal to such deficit (subject to a Cap). Accordingly, the Fund recognizes an unrealized loss throughout the life of the contract (subject to a Cap) if the vintage’s current expected losses are less than initial expected losses and recognizes a realized loss when at the contract’s maturity, the vintage’s actual losses are less than the initial expected losses. The average notional amount of risk share contracts during the period ended April 30, 2024 was $44,639,004 for long contracts.
The tables below reflect the values of derivative assets and liabilities as reflected in the Statement of Assets and Liabilities.
| | | | | | |
| | | | | ASSET DERIVATIVES | |
| | | STATEMENT OF ASSETS AND LIABILITIES LOCATION | | FAIR VALUE | |
Diversified Alternatives Fund | | | | | | |
Forwards | | | | | | |
Foreign exchange contracts | | Unrealized appreciation on forward currency contracts | | $ | 6,591,075 | |
| | |
Futures | | | | | | |
Commodity contracts | | Net assets—Unrealized appreciation* | | | 20,688,331 | |
Equity contracts | | Net assets—Unrealized appreciation* | | | 1,688,850 | |
Foreign exchange contracts | | Net assets—Unrealized appreciation* | | | 1,640,320 | |
Interest rate contracts | | Net assets—Unrealized appreciation* | | | 299,218 | |
| | |
Options | | | | | | |
Commodity contracts | | Investments, at fair value | | | 374,358 | |
Equity contracts | | Investments, at fair value | | | 3,455,985 | |
Foreign exchange contracts | | Investments, at fair value | | | 258,989 | |
| | |
Risk Share Contracts | | | | | | |
Risk Share Contracts | | Unrealized appreciation on risk share contracts | | $ | 2,035,565 | |
| * | Reflects cumulative unrealized appreciation of futures contracts as reported in the Consolidated Schedule of Investments. |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
207
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
| | | | | | |
| | | | | LIABILITY DERIVATIVES | |
| | | STATEMENT OF ASSETS AND LIABILITIES LOCATION | | FAIR VALUE | |
Diversified Alternatives Fund | | | | | | |
Forwards | | | | | | |
Foreign exchange contracts | | Unrealized depreciation on forward currency contracts | | $ | 4,671,249 | |
| | |
Futures | | | | | | |
Commodity contracts | | Net assets—Unrealized depreciation* | | | 7,121,731 | |
Equity contracts | | Net assets—Unrealized depreciation* | | | 3,373,432 | |
Foreign exchange contracts | | Net assets—Unrealized depreciation* | | | 801,021 | |
Interest rate contracts | | Net assets—Unrealized depreciation* | | | 410,347 | |
| | |
Written options | | | | | | |
Commodity contracts | | Written options, at fair value | | | 57,389,894 | |
Equity contracts | | Written options, at fair value | | | 1,389,381 | |
Foreign exchange contracts | | Written options, at fair value | | | 10,194,323 | |
| | |
Swap Contracts | | | | | | |
Foreign exchange contracts | | Unrealized depreciation on swap contracts | | | 174,610 | |
| * | Reflects cumulative unrealized depreciation of futures contracts as reported in the Consolidated Schedule of Investments. |
The tables below reflect the effect of derivative instruments on the Statement of Operations for the period ended April 30, 2024.
| | | | | | | | | | | | | | | | | | | | | | | | |
| AMOUNT OF REALIZED GAIN ON DERIVATIVES TRANSACTIONS | |
| | | FORWARD
CURRENCY
CONTRACTS | | | FUTURES
CONTRACTS | | | PURCHASED
OPTIONS* | | | WRITTEN
OPTIONS | | | SWAP
CONTRACTS | | | TOTAL | |
Diversified Alternatives Fund | | | | | | | | | | | | | | | | | | | | | | | | |
Commodity contracts | | $ | — | | | $ | (96,195,080 | ) | | $ | (3,551,335 | ) | | $ | 94,803,048 | | | $ | — | | | $ | (4,943,367 | ) |
Equity contracts | | | — | | | | (18,755,636 | ) | | | 4,222,147 | | | | 22,033,563 | | | | — | | | | 7,500,074 | |
Foreign exchange contracts | | | (1,122,163 | ) | | | (15,309,822 | ) | | | 1,287,590 | | | | 19,172,273 | | | | (131,421 | ) | | | 4,027,878 | |
| * | Realized gains (losses) on purchased options are included in realized gain (loss) on investments in unaffiliated issuers on the Consolidated Statement of Operations. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| CHANGE IN UNREALIZED APPRECIATION OR (DEPRECIATION) ON DERIVATIVES TRANSACTIONS | |
| | | FORWARD
CURRENCY
CONTRACTS | | | FUTURES
CONTRACTS | | | PURCHASED
OPTIONS* | | | WRITTEN
OPTIONS | | | RISK SHARE
CONTRACTS | | | SWAP
CONTRACTS | | | TOTAL | |
Diversified Alternatives Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Commodity contracts | | $ | — | | | $ | 13,810,049 | | | $ | 317,703 | | | $ | (31,964,299 | ) | | $ | — | | | $ | — | | | $ | (17,836,547 | ) |
Equity contracts | | | — | | | | (799,681 | ) | | | (3,441,896 | ) | | | (1,649,332 | ) | | | — | | | | — | | | | (5,890,909 | ) |
Foreign exchange contracts | | | (525,532 | ) | | | 128,938 | | | | (211,981 | ) | | | (5,450,966 | ) | | | — | | | | (335,876 | ) | | | (6,395,417 | ) |
Interest rate contracts | | | — | | | | (111,129 | ) | | | — | | | | — | | | | — | | | | — | | | | (111,129 | ) |
Risk share contracts | | | — | | | | — | | | | — | | | | — | | | | 2,035,565 | | | | — | | | | 2,035,565 | |
| * | Change in unrealized appreciation (depreciation) on purchased options are included in change in unrealized appreciation (depreciation) on investments in unaffiliated issuers on the Consolidated Statement of Operations. |
(b) Offsetting on the Statement of Assets and Liabilities. Accounting Standards Update No. 2011-11 “Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”) intended to help investors and other financial statement users better assess the effect or potential effect of offsetting arrangements on a fund’s financial position. ASU 2011-11 requires entities to disclose both gross and net information about both instruments and transactions eligible for offset on
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
208
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
the Statement of Assets and Liabilities, and disclose instruments and transactions subject to master netting or similar agreements. In addition, in January 2013, the FASB issued Accounting Standards Update No. 2013-1 “Clarifying the Scope of Offsetting Assets and Liabilities” specifying exactly which transactions are subject to offsetting disclosures. The scope of the disclosure requirement is limited to derivative instruments, repurchase agreements and reverse repurchase agreements, and securities lending transactions. The International Swap and Derivative Association agreements specify collateral posting arrangements. Under the agreements, collateral is routinely transferred if the total net exposure to certain transactions (net of existing collateral already in place) governed under an agreement with a counterparty in a given account exceeds a specified threshold.
The Diversified Alternatives Fund is subject to a netting arrangements, which govern the terms of certain transactions with select counterparties. The netting arrangements allow the Diversified Alternatives Fund to close out and net its total exposure to a counterparty in the event of a default with respect to all the transactions governed under a single agreement with a counterparty. The netting arrangements also specify collateral posting arrangements at prearranged exposure levels.
High Yield Reinsurance Fund
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | GROSS
AMOUNT OF
RECOGNIZED
LIABILITIES | | | GROSS AMOUNT
OFFSET IN THE
CONSOLIDATED
STATEMENT
OF ASSETS
AND LIABILITIES | | | NET AMOUNTS
PRESENTED IN THE
CONSOLIDATED
STATEMENT
OF ASSETS
AND LIABILITIES | | | GROSS AMOUNTS NOT OFFSET IN THE
CONSOLIDATED STATEMENT OF
ASSETS AND LIABILITIES | |
| LIABILITIES: | | FINANCIAL
INSTRUMENTS | | | COLLATERAL
PLEDGED | | | NET
AMOUNT | |
Reverse Repurchase Agreements | | $ | 55,000,001 | | | $ | — | | | $ | 55,000,001 | | | $ | — | | | $ | (55,000,001 | ) | | $ | — | |
| | | $ | 55,000,001 | | | $ | — | | | $ | 55,000,001 | | | $ | — | | | $ | (55,000,001 | ) | | $ | — | |
Diversified Alternatives Fund
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | GROSS
AMOUNT OF
RECOGNIZED
ASSETS | | | GROSS AMOUNT
OFFSET IN THE
CONSOLIDATED
STATEMENT
OF ASSETS
AND LIABILITIES | | | NET AMOUNTS
PRESENTED IN THE
CONSOLIDATED
STATEMENT
OF ASSETS
AND LIABILITIES | | | GROSS AMOUNTS NOT OFFSET IN THE
CONSOLIDATED STATEMENT OF ASSETS
AND LIABILITIES | |
| ASSETS: | | FINANCIAL
INSTRUMENTS | | | COLLATERAL
RECEIVED | | | NET
AMOUNT | |
Forward Currency Contracts | | $ | 6,591,075 | | | $ | — | | | $ | 6,591,075 | | | $ | (4,671,249 | ) | | $ | — | | | $ | 1,919,826 | |
Risk Share Contracts | | | 2,035,565 | | | | — | | | | 2,035,565 | | | | — | | | | — | | | | 2,035,565 | |
| | | $ | 8,626,640 | | | $ | — | | | $ | 8,626,640 | | | $ | (4,671,249 | ) | | $ | — | | | $ | 3,955,391 | |
| | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| LIABILITIES: | | GROSS
AMOUNT OF
RECOGNIZED
LIABILITIES | | | GROSS AMOUNT
OFFSET IN THE
CONSOLIDATED
STATEMENT
OF ASSETS
AND LIABILITIES | | | NET AMOUNTS
PRESENTED IN THE
CONSOLIDATED
STATEMENT
OF ASSETS
AND LIABILITIES | | | FINANCIAL
INSTRUMENTS | | | COLLATERAL
PLEDGED | | | NET
AMOUNT | |
Forward Currency Contracts | | $ | 4,671,249 | | | $ | — | | | $ | 4,671,249 | | | $ | (4,671,249 | ) | | $ | — | | | $ | — | |
Swap Contracts | | | 174,610 | | | | — | | | | 174,610 | | | | — | | | | — | | | | 174,610 | |
Reverse Repurchase Agreements | | | 7,036,000 | | | | — | | | | 7,036,000 | | | | — | | | | (7,036,000 | ) | | | — | |
| | | $ | 11,881,859 | | | $ | — | | | $ | 11,881,859 | | | $ | (4,671,249 | ) | | $ | (7,036,000 | ) | | $ | 174,610 | |
| * | The collateral amounts may exceed the related net amounts of financial assets and liabilities presented in the statement of assets and liabilities. If this is the case, the total amount reported is limited to the net amounts of financial assets and liabilities with that counterparty. |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
209
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
(c) Use of Estimates. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.
(d) Indemnifications. In the normal course of business, the Funds enter into contracts that contain a variety of representations which provide general indemnifications. The Funds’ maximum exposure under these arrangements cannot be known; however, the Funds expect any risk of loss to be remote.
(e) Federal Income Taxes. The Funds qualify and intend to continue to qualify as “regulated investment companies” (“RICs”) under Subchapter M of the Internal Revenue Code of 1986, as amended. As RICs, the Funds will not be subject to federal income tax to the extent they distribute substantially all of their net investment income and capital gains to shareholders. Therefore, no federal income tax provision is required.
(f) Reverse Repurchase Agreements. The Funds intend to enter into reverse repurchase agreements with banks and brokers, with the Funds as the initial seller of securities to the banks or brokers. In this case, a reverse repurchase agreement involves a sale by a fund of portfolio securities concurrently with an agreement by a fund to repurchase the same securities at a later date at a fixed price. During the reverse repurchase agreement period, an individual fund continues to receive principal and interest payments on the securities. Reverse repurchase agreements involve the risk that the counterparty will become subject to bankruptcy or other insolvency proceedings or fail to return a security to a Fund. In such situations, a Fund may incur losses as a result of a possible decline in the value of the underlying security during the period while a Fund seeks to enforce its rights, a possible lack of access to income on the underlying security during this period, or expenses of enforcing its rights.
If the buyer in a reverse repurchase agreement files for bankruptcy or becomes insolvent, a fund’s use of proceeds from the sale of its securities may be restricted while the other party or its trustee or receiver determines whether to honor the fund’s right to repurchase the securities. Furthermore, in that situation a fund may be unable to recover the securities it sold in connection with a reverse repurchase agreement and as a result would realize a loss equal to the difference between the value of the securities and the payment it received for them. This loss would be greater to the extent the buyer paid less than the value of the securities the fund sold to it (e.g., a buyer may only be willing to pay $95 for a security with a market value of $100). A fund’s use of reverse repurchase agreements also subjects the fund to interest costs based on the difference between the sale and repurchase price of a security involved in such a transaction. Additionally, reverse repurchase agreements entail the same risks as OTC derivatives. These include the risk that the counterparty to the reverse repurchase agreement may not be able to fulfill its obligations, that the parties may disagree as to the meaning or application of contractual terms, or that the instrument may not perform as expected. Reverse repurchase agreements are not considered borrowings by the Diversified Alternatives Fund for purposes of the Fund’s fundamental investment restriction on borrowings because the Diversified Alternatives Fund has elected to treat reverse repurchase agreements and similar financing transactions as derivatives for purposes of Rule 18f-4 under the 1940 Act.
The gross obligations for secured borrowing by the type of collateral pledged and remaining time to maturity is as follows:
High Yield Reinsurance Fund
| | | | | | | | | | | | | | | | | | | | |
| REVERSE REPURCHASE AGREEMENTS | | OVERNIGHT AND
CONTINUOUS | | | UP TO 30
DAYS | | | 30-90 DAYS | | | GREATER
THAN 90
DAYS | | | TOTAL | |
Event Linked Bonds | | $ | — | | | $ | 5,000,001 | | | $ | 50,000,000 | | | $ | — | | | $ | 55,000,001 | |
Total | | $ | — | | | $ | 5,000,001 | | | $ | 50,000,000 | | | $ | — | | | $ | 55,000,001 | |
| | | | | | | | | | | | | | | | |
| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
| | | | |
210
| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
Divsersified Alternatives Fund
| | | | | | | | | | | | | | | | | | | | |
| REVERSE REPURCHASE AGREEMENTS | | OVERNIGHT AND
CONTINUOUS | | | UP TO 30
DAYS | | | 30-90
DAYS | | | GREATER
THAN 90
DAYS | | | TOTAL | |
Asset-Backed Securities | | $ | — | | | $ | 2,036,000 | | | $ | — | | | $ | — | | | $ | 2,036,000 | |
Event Linked Bonds | | | — | | | | 5,000,000 | | | | — | | | | — | | | | 5,000,000 | |
Total | | $ | — | | | $ | 7,036,000 | | | $ | — | | | $ | — | | | $ | 7,036,000 | |
(g) Event-Linked Bonds. Event-linked bonds are variable rate debt securities for which the return of principal and payment of interest are contingent on the non-occurrence of a specified trigger event(s) that leads to economic and/or human loss, such as an earthquake of a particular magnitude or a hurricane of a specific category. The most common type of event-linked bonds is known as “catastrophe” or “CAT” bonds. In most cases, the trigger event(s) will not be deemed to have occurred unless the event(s) happened in a particular geographic area and was of a certain magnitude (based on independent scientific readings) and/or caused a certain amount of actual or modeled loss. If the trigger event(s) occurs prior to a bond’s maturity, the Funds may lose all or a portion of their principal and forgo additional interest. In this regard, event-linked bonds typically have a special condition that states that if the sponsor suffers a loss from a particular pre-defined catastrophe or other event that results in physical and/or economic loss, then the issuer’s obligation to pay interest and/or repay the principal is either deferred or completely forgiven. For example, if the Funds hold a bond that covers a sponsor’s losses due to a hurricane with a “trigger” at $1 billion and a hurricane hits causing $1 billion or more in losses to such sponsor, then the Funds will lose all or a portion of their principal invested in the bond and forgo any future interest payments. If the trigger event(s) does not occur, the Funds will recover their principal plus interest. Interest typically accrues and is paid on a quarterly basis for the specified duration of the bond, as long as the trigger event(s) does not occur. Although principal typically is repaid only on the maturity date, it may be repaid in installments, depending on the terms of the bond, as long as the trigger event(s) does not occur. The Funds may invest in event-linked bonds directly or indirectly through certain derivative instruments. The Funds may pursue other types of event-linked derivative strategies using derivative instruments that are typically contingent, or formulaically related to defined trigger events. Trigger events may include hurricanes, earthquakes and weather-related phenomena, non-natural catastrophes, such as plane crashes, or other events resulting in a specified level of physical or economic loss, such as mortality or longevity.
(h) Quota Share Notes. Investments in Quota Share Notes provide exposure to a form of proportional reinsurance in which an investor participates in the premiums and losses of a reinsurer’s portfolio according to a pre-defined percentage. For example, under a 20% quota-share agreement, a special purpose vehicle (“SPV”) would obtain 20% of all premiums of the subject portfolio while being responsible for 20% of all claims, and the Funds, as a holder of a Quota Share Note issued by the SPV, would be entitled to their pro rata share of the premiums received by the SPV and would be responsible for its pro rata share of the claims up to the total amount invested.
(i) ILW Notes. ILW Notes provide exposure to a transaction through which one party (typically, an insurance company or reinsurance company, or a reinsurance-related asset manager) purchases protection based on the total loss arising from a catastrophic event to the entire insurance industry rather than the losses of any particular insurer. For example, the buyer of a “$100 million limit U.S. Wind ILW attaching at $20 billion” will pay an upfront premium to a protection writer (i.e., the reinsurer or an SPV) and in return will receive $100 million if total losses to the insurance industry from a single U.S. hurricane exceed $20 billion. The industry loss ($20 billion in this case) is often referred to as the “trigger” and is reported by an independent third party after an event has occurred. The amount of protection offered by the contract ($100 million in this case) is referred to as the “limit.” ILW Notes could also provide exposure to transactions linked to an index not linked to insurance industry losses, such as wind speed or earthquake magnitude and location. The Funds, as a holder of an ILW Note, would be entitled to a return linked to the premium paid by the sponsor and the occurrence or non-occurrence of the trigger event. During the period ended April 30, 2024 the Funds had no exposure to ILW Notes.
(j) Alternative Lending. The Diversified Alternatives Fund invests in alternative lending-related securities. Alternative lending, which is sometimes referred to as peer-to-peer lending, online lending or marketplace lending, is a method of financing in which an alternative lending platform facilitates the borrowing and lending of money while generally not relying on deposits for capital to fund loans. It is considered an alternative to more traditional debt financing done
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through a bank. There are several different models of alternative lending but, very generally, a platform typically matches consumers, small or medium-sized businesses or other types of borrowers with investors that are interested in gaining investment exposure to the loans made to such borrowers. Prospective borrowers are usually required to provide or give access to certain financial information to the platform, such as the intended purpose of the loan, income, employment information, credit score, debt-to-income ratio, credit history (including defaults and delinquencies) and home ownership status, and, in the case of small business loans, business financial statements and personal credit information regarding any guarantor, some of which information is made available to prospective lenders. Often, platforms charge fees to borrowers to cover these screening and administrative costs. Based on this and other relevant supplemental information, the platform usually assigns its own credit rating to the borrower and sets the interest rate for the requested borrowing. Platforms then post the borrowing requests online and investors may choose among the loans, based on the interest rates the loans are expected to yield less any servicing or origination fees charged by the platform or others involved in the lending arrangement, the background data provided on the borrowers, and the credit rating assigned by the platform. In some cases, a platform partners with a bank to originate a loan to a borrower, after which the bank sells the loan to the platform or directly to the investor; alternatively, some platforms may originate loans themselves. Some investors, including the Fund, may not review the particular characteristics of the loans in which they invest at the time of investment, but rather negotiate in advance with platforms the general criteria of the investments. Other alternative lending platforms are non-traditional intermediaries. Unlike marketplace lenders, non-traditional intermediaries do not themselves (either alone or working with a bank) originate loans. Instead, they intermediate sales of loans originated by more traditional lenders to buyers that utilize alternative sources of capital (i.e., capital other than bank deposits). Platforms may set minimum eligibility standards for borrowers to participate in alternative lending arrangements and may limit the maximum permitted borrowings. Depending on the purpose and nature of the loan, its term may, for example, be as short as six months or shorter, or as long as thirty years or longer. Set forth below is additional information about some of the Diversified Alternatives Fund’s alternative lending-related investments.
(k) Whole Loans. When the Diversified Alternatives Fund invests directly or indirectly in whole loans, it typically purchases all rights, title and interest in the loans pursuant to a loan purchase agreement directly from the platform or its affiliate. The platform or a third-party servicer typically continues to service the loans, collecting payments and distributing them to investors, less any servicing fees assessed against the Fund, and the servicing entity typically will make all decisions regarding any modification, forbearance or other form of relief that may be provided to a borrower experiencing financial hardship and acceleration or enforcement of the loans following any default by a borrower. Where a platform or its affiliate acts as the loan servicer, there is typically a backup servicer in place in case that platform or affiliate ceases or fails to perform these servicing functions. The Diversified Alternatives Fund, as an investor in a whole loan, would be entitled to receive payment only from the borrower and/or any guarantor, and would not be able to recover any deficiency from the platform, except under very narrow circumstances, which may include fraud by the borrower in some cases. The whole loans in which the Diversified Alternatives Fund may invest may be secured or unsecured. Cash segregated for the purchase of whole loans, if any, is located in other assets on the Consolidated Statement of Assets and Liabilities.
(l) Loan Participations. The Diversified Alternatives Fund may invest in participation interests in whole loans, which are typically originated by an alternative lending platform in partnership with a bank. When the Fund invests in participation interests, the Diversified Alternatives Fund typically purchases a fractional or full economic interest in the underlying whole loans and the originating bank retains the legal title to such loans. As with the Diversified Alternatives Fund’s investments in whole loans, the alternative lending platform or a third party servicer typically continues to service the loans, collecting payments and distributing them to investors in the loan participations, less any servicing fees assessed against the Diversified Alternatives Fund, and the servicing entity typically will make all decisions regarding any modification, forbearance or other form of relief that may be provided to a borrower experiencing financial hardship and acceleration or enforcement of the loans following any default by a borrower. The servicing entity may distribute payments of principal and interest from the borrower directly to the Fund as a holder of participation interests. Alternatively, the Diversified Alternatives Fund may receive payments of principal and interest as passed through by the bank originating the whole loans and issuing the participation interests.
(m) Pass-Through Certificates. The Diversified Alternatives Fund may invest in pass-through certificates, which are a form of asset-backed security that is backed by a pool of whole loans originated or sourced by one or more alternative lending platforms and that represents the right of the holder to receive specified distributions in respect of such whole
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loans; specifically, holders are entitled to receive payments on account of principal and interest payments made by borrowers on the underlying loans, as well as proceeds from the sale or liquidation of any loan underlying the pass-through certificate, net of fees, expenses and other amounts payable to the issuer, trustee, originating platform(s) or other third parties as required. Unlike many other asset-backed securities, pass-through certificates are generally not issued with multiple tranches; instead, all holders of a particular certificate share a pro rata interest in the underlying pool of whole loans and distributions with respect thereto.
(n) Asset-Backed Securities. The Diversified Alternatives Fund may invest in, and sells certain of its alternative lending-related investments to, securitization vehicles, formed by alternative lending platforms or third parties for the purpose of acquiring alternative lending-related investments and issuing securities, the payments on which are funded by payments received on such entities’ underlying investments. Such asset-backed securities, including mortgage-backed securities, may be issued in different tranches of debt and residual equity interests with different rights and preferences. The Diversified Alternatives Fund may hold any tranche of such asset-backed securities. The volume and frequency of the Diversified Alternatives Fund’s sales of pools of loans to securitization vehicles may increase as a more active and reliable secondary market develops over time.
(o) Shares, Certificates, Notes or Other Securities. The Diversified Alternatives Fund may invest in shares, certificates, notes or other securities representing the right to receive principal and interest payments due on fractions of whole loans or pools of whole loans. The platform or a separate special purpose entity organized by or on behalf of the platform may hold the whole loans underlying such investments on its books and issue to the Diversified Alternatives Fund, as an investor, a share, certificate, note or other security, the payments on which track and depend upon the borrower payments on the underlying loans. As with whole loans, the platforms or third-party servicers typically continue to service the underlying loans on which the performance of such securities is based. Such securities may be linked to any of the types of whole loans in which the Diversified Alternatives Fund may invest directly. Such securities may also track fractions of a whole loan. These securities may be sold through publicly registered offerings or through unregistered private offerings.
(p) Equity Securities. The Diversified Alternatives Fund may invest directly or indirectly in equity securities of both non-U.S. and U.S. small and mid-cap companies.
(q) Debt Securities. The Diversified Alternatives Fund may have exposure to the debt securities of U.S. or non-U.S. issuers. These debt securities may have fixed or floating interest rates; may or may not be collateralized; and may be below investment grade or unrated but judged by the Adviser to be of comparable quality (debt securities that are below investment grade are commonly called “junk bonds”). The Diversified Alternatives Fund has no limits as to the maturity of debt securities in which it invests directly or indirectly. Such investments may be within any maturity range (short, medium or long) depending on the Adviser’s evaluation of investment opportunities available within the debt securities market. Similarly, the Diversified Alternatives Fund has no limits as to the market capitalization range of the issuers.
(r) Distributions to Shareholders. The Funds intend to distribute to their shareholders on a tax basis any net investment income and any net realized long- or short-term capital gains, if any, at least annually. Distributions are recorded on the ex-dividend date. The Funds each may periodically make reclassifications among certain of their capital accounts as a result of the characterization of certain income and realized gains determined annually in accordance with federal tax regulations that may differ from GAAP.
(s) Foreign Securities and Currency Transactions. The Funds’ books and records are maintained in U.S. dollars. Foreign currency denominated transactions (i.e., market value of investment securities, assets and liabilities, purchases and sales of investment securities, and income and expenses) are translated into U.S. dollars at the current rate of exchange. The Funds do not isolate that portion of results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held.
The Funds may invest in reinsurance-related securities issued by foreign sovereigns and foreign entities that are corporations, partnerships, trusts or other types of business entities. Because the majority of reinsurance-related security issuers are domiciled outside the United States, the Funds will normally invest a significant amount of their assets in non-U.S. entities. Accordingly, the Funds may invest without limitation in securities issued by non-U.S. entities,
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including those in emerging market countries. Certain SPVs in which the Funds invests may be sponsored by non-U.S. insurers that are not subject to the same regulation as that to which U.S. ceding insurers are subject. Such SPVs may pose a greater risk of loss, for example due to less stringent underwriting and/or risk-retention requirements. The Funds’ investments will consist primarily of event-linked bonds, Quota Share Notes and ILW Notes that provide the Funds with
contractual rights under the terms of the bond issuance. While the contractual rights of such instruments are similar whether they are issued by a U.S. issuer or a non-U.S. issuer, there may be certain additional risks associated with non-U.S. issuers. For example, foreign issuers could be affected by factors not present in the United States, including expropriation, confiscatory taxation, lack of uniform accounting and auditing standards, less publicly available financial and other information, potential difficulties in enforcing contractual obligations, and increased costs to enforce applicable contractual obligations outside the United States. Fluctuations in foreign currency exchange rates and exchange controls may adversely affect the market value of the Funds’ investments in foreign securities. Settlements of securities transactions in foreign countries are subject to risk of loss, may be delayed and are generally less frequent than in the United States, which could affect the liquidity of the Funds’ assets.
If the Funds invest in foreign issuers by purchasing American Depositary Receipts (“ADRs”) (U.S. dollar-denominated depositary receipts issued generally by banks and representing the deposit with the bank of a security of a non-U.S. issuer; ADRs are publicly traded on exchanges or over-the counter in the United States), the Funds are exposed to credit risk with respect to the issuer of the ADR, in addition to the risks of the underlying foreign securities.
(t) Allocation of Income, Expenses, Gains/Losses. Income, expenses (other than those deemed attributable to a specific share class), and gains and losses of each fund are allocated daily to each share class based upon the ratio of net assets represented by each class as a percentage of the net assets of each fund. Expenses deemed directly attributable to a class of shares are recorded by the specific class. Most expenses are allocated based on average net assets, with the exception of the High Yield Reinsurance Fund’s 12b-1 fees, which are expensed at 0.15% of average daily net assets of the Class M shares.
(u) Other. Investment transactions are recorded on the trade date. Dividend income, less any foreign tax withheld, is recognized on the ex-dividend date and interest income is recognized on an accrual basis, including amortization/accretion of premiums or discounts. Discounts and premiums on securities purchased are amortized over the lives of the respective securities using the constant yield method. Realized gains and losses on securities sold are calculated on a first-in, first-out basis.
(v) Restricted Securities. The Funds may invest a substantial portion of their assets in securities that are restricted, but eligible for purchase and sale by certain qualified institutional buyers, as defined in Rule 144A under the Securities Act of 1933, as amended, as well as other restricted securities. Restricted securities may be resold in transactions that are exempt from registration under Federal securities laws or if the securities are publicly registered. Restricted securities may be deemed illiquid.
(w) REIT Distributions. The character of distributions received from real estate investment trusts (“REITs”) held by the Funds is generally made up of net investment income, capital gains, and return of capital. It is the policy of the Funds to estimate the character of distributions received from underlying REITs based on historical data provided by the REITs. After each calendar year end, REITs report the actual tax character of these distributions. Differences between the estimated and actual amounts reported by the REITs are reflected in the Funds’ records in the year in which they are reported by the REITs by adjusting related investment cost basis, capital gains and income, as necessary.
(x) Rule 18f-4. The SEC adopted regulations under the 1940 Act governing the use of derivatives and certain related instruments by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a Fund can enter into, eliminates the asset segregation framework previously used by funds to comply with Section 18 of the 1940 Act, and requires funds whose use of derivatives is greater than a limited specified amount to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. The High Yield Reinsurance Fund qualifies as a “limited derivatives user” as defined under Rule 18f-4 and as such, has adopted policies and procedures reasonably designed to manage such fund’s derivatives risk to ensure the Fund’s derivatives exposure remains limited. As required by Rule 18f-4, the Diversified Alternatives Fund has adopted and implemented a derivatives risk management program to govern its use of derivatives and appointed a derivatives risk manager. The derivatives risk
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manager is appointed by the Board and conducts periodic reviews of the derivatives risk management program and reports findings back to the Board. Rule 18f-4 restricts each Fund’s ability to engage in certain derivatives transactions and may increase the costs related to the Fund’s use of such derivatives transactions, which could adversely affect the value or performance of a Fund. In addition, the Diversified Alternatives Fund has elected to treat reverse repurchase agreements and similar financing transactions as derivatives for purposes of Rule 18f-4.
(y) New Accounting Pronouncements. In March 2020, FASB issued Accounting Standards Update 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”) and in December 2022, the FASB issued Accounting Standards Update 2022-06, Reference Rate Reform (Topic 848), Deferral of the Sunset Date of Topic 848: Scope (“ASU 2022-06”), which provides optional, temporary relief with respect to the financial reporting of contracts subject to certain types of modifications due to the discontinuation of the London Interbank Offered Rate (“LIBOR”) and other interbank offered rates as of the end of 2021. The temporary relief provided by ASU 2020-04 and ASU 2022-06 is effective for certain reference rate-related contract modifications that occur during the period from March 12, 2020 through December 31, 2024. Management is evaluating the impact of ASU 2020-04 and ASU 2022-06 on the Fund’s investments, derivatives, debt and other contracts that will undergo reference rate-related modifications as a result of the reference rate reform. Management is also currently actively working with other financial institutions and counterparties to modify contracts as required by applicable regulation and within regulatory deadlines.
(z) Market Volatility. The value of the securities in the Funds may go up or down in response to the prospects of individual companies and/or general economic conditions. Price changes may be short- or long-term. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issue, recessions, or other events could have a significant impact on the Funds and their investments, including hampering the ability of the Adviser to invest the Funds’ assets as intended.
3. Federal Tax Matters
Provisions for federal income taxes or excise taxes have not been made because the Funds intend to be taxed as RICs and intend to distribute substantially all taxable income to shareholders and otherwise comply with the provisions of the Internal Revenue Code applicable to RICs. Distributions from net realized gains for book purposes may include short-term capital gains which are included as ordinary income to shareholders for tax purposes. Additionally, GAAP requires that certain components of net assets relating to permanent differences be reclassified between financial and tax reporting. The reclassifications have no effect on net assets or NAV per share.
For the year October 31, 2023, the effect of permanent “book/tax” reclassifications resulted in increases and decreases to components of the Funds’ net assets as follows:
| | | | | | | | |
| | | TOTAL
DISTRIBUTABLE
EARNINGS/(LOSS) | | | PAID IN
CAPITAL | |
High Yield Reinsurance Fund | | $ | 14,719,962 | | | $ | (14,719,962 | ) |
Diversified Alternatives Fund | | | (51,569,319 | ) | | | 51,569,319 | |
These differences primarily relate to realized foreign currency gains/(losses), investments in passive foreign investment companies and controlled foreign corporations, treatment of realized and unrealized losses on distressed loans, redemptions in kind gains and losses, and non-deductible excise taxes paid.
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| | | | | | | | |
| | | HIGH YIELD
REINSURANCE
RISK PREMIUM
FUND | | | DIVERSIFIED
ALTERNATIVES
FUND | |
Tax cost of investments | | $ | 2,375,394,594 | | | $ | 1,066,022,703 | |
Unrealized appreciation | | | 88,398,002 | | | | 28,678,036 | |
Unrealized depreciation | | | (167,050,315 | ) | | | (105,269,978 | ) |
Net unrealized appreciation (depreciation) | | | (78,652,313 | ) | | | (76,591,942 | ) |
Undistributed ordinary income | | | 108,919,794 | | | | 124,941,408 | |
Undistributed long-term gain (capital loss carryover) | | | (113,161,300 | ) | | | (57,517,546 | ) |
Distributable earnings | | | (4,241,506 | ) | | | 67,423,862 | |
Other accumulated earnings (loss) | | | 21,223,025 | | | | 8,193,628 | |
Total accumulated gain (loss) | | $ | (61,670,794 | ) | | $ | (974,452 | ) |
The tax character of distributions paid during the period ended October 31, 2023 was as follows:
| | | | | | | | | | | | | | | | |
| | | ORDINARY
INCOME | | | LONG-TERM
CAPITAL GAIN | | | RETURN OF
CAPITAL | | | TOTAL | |
High Yield Reinsurance Fund | | $ | 149,857,899 | | | $ | — | | | $ | — | | | $ | 149,857,899 | |
Diversified Alternatives Fund | | | 9,414,732 | | | | 5,008,666 | | | | — | | | | 14,423,398 | |
Each of the Funds designate as long-term capital gain dividend, pursuant to Internal Revenue Code Section 852(b)(3), the amount necessary to reduce the earnings and profits of the Funds related to net capital gain to zero for the tax year ended October 31, 2023.
The tax character of distributions paid during the period ended October 31, 2022 was as follows:
| | | | | | | | | | | | | | | | |
| | | ORDINARY
INCOME | | | LONG-TERM
CAPITAL GAIN | | | RETURN OF
CAPITAL | | | TOTAL | |
High Yield Reinsurance Fund | | $ | 64,138,892 | | | $ | — | | | $ | — | | | $ | 64,138,892 | |
Diversified Alternatives Fund | | | 15,355,242 | | | | 2,954,443 | | | | — | | | | 18,309,685 | |
As of October 31, 2023 certain Funds have tax basis capital losses which may be carried forward indefinitely to offset future capital gains as shown below:
| | | | | | | | | | | | |
| | | SHORT-TERM | | | LONG-TERM | | | TOTAL | |
High Yield Reinsurance Fund | | $ | (6,636,555 | ) | | $ | (106,524,745 | ) | | $ | (113,161,300 | ) |
Diversified Alternatives Fund(1) | | | (43,650,798 | ) | | | (13,866,749 | ) | | | (57,517,547 | ) |
| (1) | Tax basis short-term capital losses of $(44,282,971) and long-term capital losses of $(14,067,574) were transferred from the All Asset VRP Fund to the Diversified Alternatives Fund as a result of the acquisition of the former by the latter on February 5, 2021. Utilization of these losses is subject to limitation under IRC Section 382. |
There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year October 31, 2023, or for any other tax years which are open for exam. As of October 31, 2023, open tax years include the periods ended October 31, 2021, 2022 and 2023. The Funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the Statement of Operations. During the year, the Funds did not incur any interest or penalties.
4. Agreements
(a) Investment Management Agreement. The Adviser is the Funds’ investment adviser and was organized as a Delaware limited liability company in 2012. The Adviser’s primary business is to provide a variety of investment management services, including an investment program for the Funds.
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As compensation for its services, the Adviser is paid by the High Yield Reinsurance Fund a fee, computed daily and paid monthly in arrears, at the annual rate of 1.50% of the Fund’s average daily net assets. As compensation for its services, the Adviser is paid by the Diversified Alternatives Fund a fee, computed daily and paid monthly in arrears, at the annual rate of (i) 0.00% of the Fund’s average daily net assets invested in any other fund advised by the Adviser and (ii) 1.50% of the Fund’s average daily net assets invested in other investments.
Through February 28, 2025 for the High Yield Reinsurance Fund, the Adviser has agreed to waive its advisory fee and/or pay or otherwise bear operating and other expenses of the Fund or classes thereof (excluding brokerage and transactional expenses, borrowing and other investment-related costs and fees including interest and commitment fees, short dividend expense, acquired fund fees and expenses, taxes, litigation and indemnification expenses, judgments and extraordinary expenses not incurred in the ordinary course of the Fund’s business collectively, the (“Excluded Expenses”) solely to the extent necessary to limit the Fund’s total annual fund operating expenses, other than the Excluded Expenses, to 1.70% for Class I shares and 1.85% for Class M shares of the High Yield Reinsurance Fund (prior to March 1, 2022, 1.65% for Class I shares and 1.80% for class M shares). Through February 28, 2025 for the Diversified Alternatives Fund, the Adviser has agreed to waive its advisory fee and/or pay or otherwise bear operating and other expenses of the Fund or classes thereof (excluding the Fund’s investment management fee, financial intermediary fees and expenses (including shareholder servicing fees and expenses, sub-transfer agency servicing fees and expenses and fees and expenses for custodial services rendered to shareholders), brokerage and transactional expenses; borrowing and other investment-related costs and fees including interest payments on borrowed funds, loan servicing fees, loan collection and administration fees and expenses; interest and commitment fees; short dividend expense; acquired fund fees and expenses; taxes; litigation and indemnification expenses; judgments; and extraordinary expenses not incurred in the ordinary course of the Fund’s business (collectively, the “Excluded Diversified Alternatives Expenses”)) solely to the extent necessary to limit the Diversified Alternatives Fund’s total annual fund operating expenses, other than Excluded Diversified Alternatives Expenses, to 0.40% for the Class I and Class J shares of the Diversified Alternatives Fund (prior to January 22, 2021, 0.55% for the Class J shares, previously Class M shares, of the Diversified Alternatives Fund). With respect to each Fund, the Adviser is permitted to recoup in later periods expenses attributable to a Class that the Adviser has paid or otherwise borne (whether through reduction of its advisory fee or otherwise) to the extent that the expenses for the Class of shares fall below the annual limitation rate in effect at the time of the actual waiver/reimbursement and to the extent that they do not cause the Class to exceed the annual rate in effect at the time of the recoupment. However, the Adviser shall not be, and under the expense limitation agreements that were in place during the period covered by this report the Adviser was not, permitted to recoup any such fees or expenses beyond three years from the month end in which the Adviser reduced a fee or reimbursed an expense. The Adviser has waived and recouped amounts as disclosed in each Fund’s Statement of Operations. As of April 30, 2024, the remaining amount of waived fees subject to be recouped in future years are as follows:
| | | | | | | | | | | | | | | | |
| FUND | | REMAINING AMOUNT TO BE RECOUPED (EXPIRING BY OCTOBER 31, 2024) | | | REMAINING AMOUNT TO BE RECOUPED (EXPIRING BY OCTOBER 31, 2025) | | | REMAINING AMOUNT TO BE RECOUPED (EXPIRING BY OCTOBER 31, 2026) | | | REMAINING AMOUNT TO BE RECOUPED (EXPIRING BY OCTOBER 31, 2027) | |
High Yield Reinsurance Fund | | $ | 409,818 | | | $ | 125,016 | | | $ | — | | | $ | — | |
Diversified Alternatives Fund | | | 827,152 | | | | 1,046,964 | | | | 592,721 | | | | — | |
(b) Custodian, Administrator and Transfer Agent. The custodian to the Trust is U.S. Bank, N.A. The administrator and transfer agent to the Trust is U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services (the “Transfer Agent”), an affiliate of U.S. Bank, N.A.
(c) Distributor. ALPS Distributors, Inc. (the “Distributor”) serves as the Funds’ distributor.
5. Distribution and Service Arrangements
Financial intermediaries may provide varying investment products, programs, platforms and accounts for the benefit of shareholders. Such intermediaries generally charge fees in connection with a variety of services, which may include (i) personal and account maintenance services, sub-transfer agency services and custodial services rendered to
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| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
shareholders who are customers of the intermediary, including electronic transmission and processing of orders, electronic fund transfers between shareholders and the relevant Fund, reinvestment of distributions, settlement and reconciliation of transactions, liaising with the Transfer Agent, facilitation of electronic delivery to shareholders of Fund documentation, monitoring shareholder accounts for back-up withholding and any other special tax reporting obligations, maintenance of books and records with respect to the foregoing, and other similar services (fees for such services, “servicing fees”) and/or (ii) activities or expenses primarily intended to result in the sale of shares (fees for such services, if any, “distribution fees” and, together with servicing fees, “intermediary fees”). Such fees may be based on the number of accounts or may be a percentage of the average value of accounts for which the intermediary provides services, and are intended to compensate intermediaries for their provision of services of the type that would be provided by the Transfer Agent or other service providers if the shares were registered on the books of the relevant Fund. The Funds do not believe that any portion of fees currently paid to financial intermediaries are distribution fees.
For the High Yield Reinsurance Fund, intermediary fees may be paid pursuant to a Distribution Plan (“12b-1 Plan”) adopted by the Fund with respect to its Class M shares, at the maximum annual rate of 0.15% of the Fund’s average daily net assets attributable to Class M. These fees are paid out of the Fund’s Class M shares’ assets on an ongoing basis and may be administered or facilitated by the Distributor. Because Rule 12b-1 fees are paid out of the Fund’s Class M shares’ assets on an ongoing basis, over time these fees will increase the cost of a shareholder’s investment and may cost a shareholder more than other types of sales charges. If amounts remain from the Rule 12b-1 fees after the intermediaries have been paid, such amounts are reimbursed to the Fund. The Distributor does not retain any portion of the Rule 12b-1 fees. To the extent that there are expenses associated with shareholder services that exceed the amounts payable pursuant to the 12b-1 Plan, the Class M shares of the Fund will bear such expenses. For Class I shares of the Fund, the Adviser pays all intermediary fees.
For the Diversified Alternatives Fund, intermediary fees may be paid out of the Fund’s Class J shares’ assets on an ongoing basis. Because these intermediary fees are paid out of the Fund’s Class J shares’ assets on an ongoing basis, over time these fees will increase the cost of a shareholder’s investment and may cost a shareholder more than other types of charges. For Class J shares, the Adviser pays a portion of the intermediary fees, and the Class J shares bear the remainder. For Class I shares, the Adviser pays all intermediary fees. For the period ended April 30, 2024 intermediary fees of $60,712 were paid by Class J shares.
6. Related Parties
Certain officers of the Trust are also employees of the Adviser. The officers, with the exception of the Chief Compliance Officer, are not compensated by the Trust. The Trust pays a portion of the Chief Compliance Officer’s salary.
7. Investment Transactions
For the period ended April 30, 2024, aggregate purchases and sales of securities (excluding short-term securities) by the Funds were as follows:
| | | | | | | | |
| | | HIGH YIELD
REINSURANCE
FUND | | | DIVERSIFIED
ALTERNATIVES
FUND | |
Purchases | | $ | 1,106,750,436 | | | $ | 244,032,661 | |
Sales | | | 481,848,214 | | | | 128,895,401 | |
U.S. Government Security Purchases | | | — | | | | — | |
U.S. Government Security Sales | | | — | | | | — | |
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| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
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| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
8. Capital Share Transactions
| | | | | | | | |
| HIGH YIELD REINSURANCE FUND - CLASS I | | PERIOD ENDED
APRIL 30, 2024
(UNAUDITED) | | | YEAR ENDED
OCTOBER 31, 2023 | |
Shares sold | | | 80,812,793 | | | | 145,767,979 | |
Shares issued to holders in reinvestment of dividends | | | 6,391,384 | | | | 9,129,144 | |
Shares redeemed | | | (19,744,364 | ) | | | (89,738,621 | ) |
Net increase in shares | | | 67,459,813 | | | | 65,158,502 | |
Shares outstanding: | | | | | | | | |
Beginning of period | | | 240,822,620 | | | | 175,664,118 | |
End of period | | | 308,282,433 | | | | 240,822,620 | |
| | |
| | | | | | | | |
| HIGH YIELD REINSURANCE FUND - CLASS M | | | | | | |
Shares sold | | | 609,252 | | | | 4,203,658 | |
Shares issued to holders in reinvestment of dividends | | | 433,110 | | | | 770,399 | |
Shares redeemed | | | (2,751,157 | ) | | | (9,449,455 | ) |
Net (decrease) in shares | | | (1,708,795 | ) | | | (4,475,398 | ) |
Shares outstanding: | | | | | | | | |
Beginning of period | | | 11,147,401 | | | | 15,622,799 | |
End of period | | | 9,438,606 | | | | 11,147,401 | |
| | |
| | | | | | | | |
| DIVERSIFIED ALTERNATIVES FUND - CLASS I | | | | | | |
Shares sold | | | 36,931,062 | | | | 47,579,818 | |
Shares issued to holders in reinvestment of dividends | | | 6,869,291 | | | | 1,174,621 | |
Shares redeemed | | | (19,363,264 | ) | | | (8,633,335 | ) |
Net increase in shares | | | 24,437,089 | | | | 40,121,104 | |
Shares outstanding: | | | | | | | | |
Beginning of period | | | 81,669,703 | | | | 41,548,599 | |
End of period | | | 106,106,792 | | | | 81,669,703 | |
| | |
| | | | | | | | |
| DIVERSIFIED ALTERNATIVES FUND - CLASS J | | | | | | |
Shares sold | | | 735,782 | | | | 1,108,107 | |
Shares issued to holders in reinvestment of dividends | | | 383,888 | | | | 88,391 | |
Shares redeemed | | | (1,162,938 | ) | | | (612,697 | ) |
Net increase (decrease) in shares | | | (43,268 | ) | | | 583,801 | |
Shares outstanding: | | | | | | | | |
Beginning of period | | | 3,725,093 | | | | 3,141,292 | |
End of period | | | 3,681,825 | | | | 3,725,093 | |
9. Transactions with Affiliates
The following issuer may be deemed to be affiliated with the Fund during the period ended April 30, 2024. As defined in Section (2)(a)(3) of the 1940 Act; such issuer is:
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| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
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| | |
| Notes to Financial Statements | | April 30, 2024 (Unaudited) |
The following is a summary of transactions during the period ended April 30, 2024 in which the issuer was an affiliate of the fund as defined in Section (2)(a)(3) of the 1940 Act:
| | | | |
| DIVERSIFIED ALTERNATIVES FUND(1) | | | |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM—CLASS I | | | |
| November 1, 2023 Balance | | | | |
Shares | | | 719,796 | |
Cost | | $ | 6,365,171 | |
| Additions | | | | |
Shares | | | 61,810 | |
Cost | | $ | 547,434 | |
| Reductions | | | | |
Shares | | | — | |
Cost | | $ | — | |
| April 30, 2024 Balance | | | | |
Shares | | | 781,606 | |
Cost | | $ | 6,912,605 | |
Value | | $ | 7,073,535 | |
| Dividend Income | | $ | 547,434 | |
| Realized Gain/(Loss) | | $ | — | |
| Change in Unrealized Appreciation | | $ | (88,821 | ) |
| (1) | The Diversified Alternatives Fund is not paying advisory fees on its holdings of the High Yield Reinsurance Fund as the Adviser is paid an advisory fee from the High Yield Reinsurance Fund. |
10. Financing Facility
The Funds may obtain leverage through borrowings in seeking to achieve their investment objectives. The Funds share a $125,000,000 umbrella line of credit in the form of an unsecured loan agreement with U.S. Bank National Association, which is effective November 28, 2017 through October 19, 2024. With respect to the High Yield Reinsurance Fund and the Diversified Alternatives Fund, the maximum withdrawal capacity for each Fund is 33.33% of the net market value of the assets of such Fund (not to exceed $125,000,000 outstanding across all Funds). The Funds did not borrow form the umbrella line of credit during the Period ended April 30, 2024.
11. Subsequent Events Evaluation
In preparing these financial statements, the Funds have evaluated events and transactions for potential recognition or disclosure resulting from subsequent events through the date the financial statements were issued. The evaluation did not result in any subsequent events that necessitated disclosures and/or adjustments.
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| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
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220
| | |
| Expense Examples (Unaudited) |
As a shareholder of the Stone Ridge Funds (each a “Fund”, together the “Funds”), you incur ongoing costs, including investment advisory fees, distribution and/or shareholder servicing fees, and other Fund expenses, which are indirectly paid by shareholders. This example is intended to help you understand your ongoing costs (in U.S. dollars) of investing in a Fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from November 1, 2023 through April 30, 2024.
Actual Expenses
The first line on each table below provides information about actual account values and actual expenses. However, the table does not include shareholder specific fees, such as the $15.00 fee charged for wire redemptions by the Funds’ transfer agent. The table also does not include portfolio trading commissions and related trading costs. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during the period.
Hypothetical Example For Comparison Purposes
The second line on each table below provides information about hypothetical account values and hypothetical expenses based on the actual expense ratios for each share class of the Funds and an assumed rate of return of 5% per year before expenses, which is not the Funds’ actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Funds and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other fund. Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads), redemption fees, or exchange fees. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relevant total cost of owning different funds.
Stone Ridge High Yield Reinsurance Risk Premium Fund — Class I
| | | | | | | | | | | | |
| | | BEGINNING
ACCOUNT VALUE
NOVEMBER 1, 2023 | | | ENDING ACCOUNT VALUE
APRIL 30, 2024 | | | EXPENSES PAID DURING PERIOD*
NOVEMBER 1, 2023 –
APRIL 30, 2024 | |
Actual | | $ | 1,000.00 | | | $ | 1,069.33 | | | $ | 8.80 | |
Hypothetical (5% annual return before expenses) | | $ | 1,000.00 | | | $ | 1,016.36 | | | $ | 8.57 | |
| * | Expenses are equal to the share class’s annualized six-month expense ratio of 1.71%, multiplied by the average account value over the period, multiplied by 182/366 to reflect the partial year period. |
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| | |
| Expense Examples (Unaudited) | | |
Stone Ridge High Yield Reinsurance Risk Premium Fund — Class M
| | | | | | | | | | | | |
| | | BEGINNING
ACCOUNT VALUE
NOVEMBER 1, 2023 | | | ENDING ACCOUNT VALUE
APRIL 30, 2024 | | | EXPENSES PAID DURING PERIOD*
NOVEMBER 1, 2023 –
APRIL 30, 2024 | |
Actual | | $ | 1,000.00 | | | $ | 1,067.86 | | | $ | 9.31 | |
Hypothetical (5% annual return before expenses) before expenses) | | $ | 1,000.00 | | | $ | 1,015.86 | | | $ | 9.07 | |
| * | Expenses are equal to the share class’s annualized six-month expense ratio of 1.81%, multiplied by the average account value over the period, multiplied by 182/366 to reflect the partial year period. |
Stone Ridge Diversified Alternatives Fund — Class I
| | | | | | | | | | | | |
| | | BEGINNING
ACCOUNT VALUE
NOVEMBER 1, 2023 | | | ENDING ACCOUNT VALUE
APRIL 30, 2024 | | | EXPENSES PAID DURING PERIOD*
NOVEMBER 1, 2023 –
APRIL 30, 2024 | |
Actual | | $ | 1,000.00 | | | $ | 1,003.53 | | | $ | 10.36 | |
Hypothetical (5% annual return before expenses) | | $ | 1,000.00 | | | $ | 1,014.52 | | | $ | 10.42 | |
| * | Expenses are equal to the share class’s annualized six-month expense ratio of 2.08%, multiplied by the average account value over the period, multiplied by 182/366 to reflect the partial year period. |
Stone Ridge Diversified Alternatives Fund — Class J
| | | | | | | | | | | | |
| | | BEGINNING
ACCOUNT VALUE
NOVEMBER 1, 2023 | | | ENDING ACCOUNT VALUE
APRIL 30, 2024 | | | EXPENSES PAID DURING PERIOD*
NOVEMBER 1, 2023 –
APRIL 30, 2024 | |
Actual | | $ | 1,000.00 | | | $ | 1,000.95 | | | $ | 11.79 | |
Hypothetical (5% annual return before expenses) | | $ | 1,000.00 | | | $ | 1,013.08 | | | $ | 11.86 | |
| * | Expenses are equal to the share class’s annualized six-month expense ratio of 2.37%, multiplied by the average account value over the period, multiplied by 182/366 to reflect the partial year period. |
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| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
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222
| | |
| Additional Information (Unaudited) |
1. Shareholder Notification of Federal Tax Status
For the fiscal year ended October 31, 2023, certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided for by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The percentage of dividends declared from ordinary income designated as qualified dividend income was as follows:
| | | | |
| | | PERCENTAGES | |
High Yield Reinsurance Fund | | | 0.00 | % |
Diversified Alternatives Fund | | | 0.00 | % |
For corporate shareholders, the percent of ordinary income distributions qualifying for the corporate dividends received deduction for the fiscal year October 31, 2023 was as follows:
| | | | |
| | | PERCENTAGES | |
High Yield Reinsurance Fund | | | 0.00 | % |
Diversified Alternatives Fund | | | 0.00 | % |
The percentage of taxable ordinary income distributions that are designated as short-term capital gain distributions under Internal Revenue Section 871(k)(2)(C) for each Fund were as follows:
| | | | |
| | | PERCENTAGES | |
High Yield Reinsurance Fund | | | 0.00 | % |
Diversified Alternatives Fund | | | 47.55 | % |
The percentage of taxable ordinary income distributions that are designated as interest related dividends under Internal Revenue Section 871(k)(1)(C) for each Fund were as follows:
| | | | |
| | | PERCENTAGES | |
High Yield Reinsurance Fund | | | 1.67 | % |
Diversified Alternatives Fund | | | 19.70 | % |
Shareholders should not use the above information to prepare their tax returns. Since the Funds’ fiscal year is not the calendar year, another notification is available with respect to calendar year 2023. Such notification, which reflects the amount to be used by calendar year taxpayers on their Federal income tax returns, was made in conjunction with shareholder year-end tax reporting in February 2024. Shareholders are advised to consult their own tax advisors with respect to the tax consequences of their investment in the Fund.
2. Availability of Quarterly Portfolio Holdings Schedules
The Funds are required to file their complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Part F of Form N-PORT. The Funds’ filings on Part F of Form N-PORT are available without charge on the SEC’s website, www.sec.gov, or upon request by calling 1.855.609.3680.
3. Proxy Voting Policies and Procedures and Proxy Voting Record
A description of the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available without charge, upon request by calling 1.855.609.3680 and on the SEC’s website, www.sec.gov. The Funds are required to file how they voted proxies related to portfolio securities during the most recent 12-month period ended June 30. The information is available without charge, upon request, by calling 1.855.609.3680 and on the SEC’s website, www.sec.gov.
4. Liquidity Risk Management Program
The Funds have adopted a liquidity risk management program (the “Program”) pursuant to Rule 22e-4 under the 1940 Act for the purpose of assessing and managing the Funds’ liquidity risk, which is the risk that a Fund could not meet requests to redeem shares issued by the Fund without significant dilution of remaining investors’ interests in the Fund.
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| | Stone Ridge Funds | | | | | | Semi-Annual Report | | | | | | April 30, 2024 | | |
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223
| | |
| Additional Information (Unaudited) | | |
The Board has designated the Adviser to administer the Program, and the Adviser has established a Liquidity Risk Management Committee to be responsible for the Program’s operation. Under the Program, the Liquidity Risk Management Committee manages the Funds’ liquidity risk by monitoring the liquidity of each Fund’s investments, limiting the amount of each Fund’s illiquid investments, and utilizing various risk management tools available to the Funds for meeting shareholder redemptions, among other means. From November 1, 2023, through April 30, 2024 the Program supported the Funds’ ability to honor redemption requests timely and the Adviser’s management of the Funds’ liquidity risk. There can be no assurance that the Program will achieve its objectives under all circumstances in the future. Please refer to each Fund’s prospectus for more information regarding the Fund’s exposure to liquidity risk and other risks to which it may be subject.
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224
Investment Adviser
Stone Ridge Asset Management LLC
One Vanderbilt Avenue, 65th Floor
New York, NY 10017
Independent Registered Public Accounting Firm
Ernst & Young LLP
700 Nicollet Mall, Suite 500
Minneapolis, MN 55402
Legal Counsel
Ropes & Gray LLP
Prudential Tower
800 Boylston Street
Boston, MA 02199
Custodians
U.S. Bank, N.A.
1555 North RiverCenter Drive, Suite 302
Milwaukee, WI 53212
Inspira Financial Trust, LLC
2001 Spring Road #700
Oak Brook, IL 60523
Distributor
ALPS Distributors, Inc.
1290 Broadway, Suite 1000
Denver, CO 80203
Administrator, Transfer Agent and Dividend Disbursing Agent
U.S. Bancorp Fund Services, LLC,
doing business as U.S. Bank Global Fund Services
615 East Michigan Street
Milwaukee, WI 53202
This report has been prepared for shareholders and must be preceded or accompanied by an effective prospectus, which includes information regarding the Funds’ investment objectives, risks, experience of its management and other information.
| | | | | | |
 | | Stone Ridge Funds P.O. Box 701 Milwaukee, WI 53201-0701 855-609-3680 www.stoneridgefunds.com | | | SQSEMI | |
Item 2. Code of Ethics.
Not applicable for semi-annual reports.
Item 3. Audit Committee Financial Expert.
Not applicable for semi-annual reports.
Item 4. Principal Accountant Fees and Services.
Not applicable for semi-annual reports.
Item 5. Audit Committee of Listed Registrants.
Not applicable to registrants who are not listed issuers (as defined in Rule 10A-3 under the Securities Exchange Act of 1934).
Item 6. Investments.
| | (a) | Schedule of Investments is included as part of the report to shareholders filed under Item 1 of this Form N-CSR. |
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable to open-end investment companies.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable to open-end investment companies.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable to open-end investment companies.
Item 10. Submission of Matters to a Vote of Security Holders.
Not applicable.
1
Item 11. Controls and Procedures.
| (a) | The registrant’s President and Treasurer have reviewed the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) as of a date within 90 days of the filing of this report, as required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934. Based on their review, such officers have concluded that the disclosure controls and procedures are effective in ensuring that information required to be disclosed in this report is appropriately recorded, processed, summarized and reported and made known to them by others within the registrant and by the registrant’s service providers. |
| (b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable to open-end investment companies.
Item 13. Exhibits.
| (a) | (1) Any code of ethics or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy Item 2 requirements through filing an exhibit. Not Applicable. |
(2) A separate certification for each principal executive officer and principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. Filed herewith.
(3) Any written solicitation to purchase securities under Rule 23c-1 under the Act sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons. Not applicable.
(4) Change in the registrant’s independent public accountant. There was no change in the registrant’s independent public accountant for the period covered by this report.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | |
(Registrant) Stone Ridge Trust | | |
| |
By (Signature and Title) /s/ Ross Stevens | | |
Ross Stevens, President, Chief Executive Officer and Principal Executive Officer |
| |
Date 7/8/24 | | |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| | |
By (Signature and Title) /s/ Ross Stevens | | |
Ross Stevens, President, Chief Executive Officer and Principal Executive Officer |
| |
Date 7/8/24 | | |
| |
By (Signature and Title) /s/ Anthony Zuco | | |
Anthony Zuco, Treasurer, Principal Financial Officer, Chief
Financial Officer and Chief Accounting Officer |
| |
Date 7/8/24 | | |
3
