Xcode Provisioning Profiles Location

Where they have been for older versions of Xcode: ~/Library/MobileDevice/Provisioning\ Profiles

Provisioning profiles are not stored with the project. Xcode has a common area and the profile is pulled when you build and bundled with the ipa.

Go to the Finder
From the “Go” menu navigate down to “Go to Folder”
or
Hit Command+Shift+G from the Mac OS X desktop or a Finder window
Search below Path

~/Library/MobileDevice/Provisioning Profiles

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