# EDGAR Filing Document

**Accession Number:** 0001090372
**File Stem:** 0000894189-26-000982
**Filing Date:** 2026-1
**Character Count:** 24255
**Document Hash:** 2a4fdaf7108d5f614ae0e598f6cfdaaf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-000982.hdr.sgml**: 20260121

**ACCESSION NUMBER**: 0000894189-26-000982

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260121

**DATE AS OF CHANGE**: 20260121

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Jacob Funds Inc.
- **CENTRAL INDEX KEY:** 0001090372

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09447
- **FILM NUMBER:** 26546412

**BUSINESS ADDRESS:**
- **STREET 1:** 727 2ND STREET, #106
- **CITY:** HERMOSA BEACH
- **STATE:** CA
- **ZIP:** 90254
- **BUSINESS PHONE:** 310-421-4942

**MAIL ADDRESS:**
- **STREET 1:** 727 2ND STREET, #106
- **CITY:** HERMOSA BEACH
- **STATE:** CA
- **ZIP:** 90254

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JACOB INTERNET FUND INC
- **DATE OF NAME CHANGE:** 20060106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JACOB INTERNET FUND
- **DATE OF NAME CHANGE:** 20060106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JACOB INTERNET FUND INC
- **DATE OF NAME CHANGE:** 19990713

## Series and Classes Contracts Data

### Jacob Small Cap Growth Fund (Series ID: S000027365)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000082574 | Investor Class      | JSCGX           |
| C000119840 | Institutional Class | JSIGX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Jacob Small Cap Growth Fund** | **Jacob Small Cap Growth Fund** | **Jacob Small Cap Growth Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.2%** | **Shares** | **Value**  |
| **Biological Products (No Diagnostic Substances) - 5.4%** | **Biological Products (No Diagnostic Substances) - 5.4%** | |
| Beam Therapeutics, Inc. <sup>(a)</sup> | 12200 | $309026 |
| CRISPR Therapeutics AG <sup>(a)</sup> | 3200 | 171104 |
| Krystal Biotech, Inc. <sup>(a)</sup> | 850 | 185300 |
|  |  | 665430 |
| **Business Services, nec - 5.9%** | **Business Services, nec - 5.9%** |  |
| OptimizeRx Corp. <sup>(a)</sup> | 31635 | 483066 |
| Zhihu, Inc. - ADR <sup>(a)</sup> | 68000 | 250920 |
|  |  | 733986 |
| **Catalog & Mail-Order Houses - 1.0%** | **Catalog & Mail-Order Houses - 1.0%** |  |
| Bed Bath & Beyond, Inc. <sup>(a)</sup> | 21000 | 126420 |
| **Communications Equipment - 4.5%** | **Communications Equipment - 4.5%** |  |
| Powerfleet, Inc. NJ <sup>(a)</sup> | 112500 | 559125 |
| **Computer Peripheral Equipment - 1.2%** | **Computer Peripheral Equipment - 1.2%** |  |
| Identiv, Inc. <sup>(a)</sup> | 43800 | 147606 |
| **Computer Processing & Data Preparation - 4.4%** | **Computer Processing & Data Preparation - 4.4%** |  |
| Doximity, Inc. - Class A <sup>(a)</sup> | 5800 | 298352 |
| Nextdoor Holdings, Inc. <sup>(a)</sup> | 138400 | 242200 |
|  |  | 540552 |
| **Computer Programming, Data Processing, Etc. - 15.1%** | **Computer Programming, Data Processing, Etc. - 15.1%** |  |
| Braze, Inc. - Class A <sup>(a)</sup> | 17700 | 507990 |
| Confluent, Inc. - Class A <sup>(a)</sup> | 23300 | 518425 |
| MongoDB, Inc. <sup>(a)</sup> | 1700 | 565029 |
| Snap, Inc. - Class A <sup>(a)</sup> | 36000 | 276480 |
|  |  | 1867924 |
| **Finance Services - 2.2%** | **Finance Services - 2.2%** |  |
| Circle Internet Group, Inc. <sup>(a)</sup> | 1200 | 95916 |
| SoFi Technologies, Inc. <sup>(a)</sup> | 6100 | 181292 |
|  |  | 277208 |
| **Industrial Organic Chemicals - 2.1%** | **Industrial Organic Chemicals - 2.1%** |  |
| Codexis, Inc. <sup>(a)</sup> | 153046 | 264770 |
| **Medical Laboratories - 14.2%** | **Medical Laboratories - 14.2%** |  |
| CareDx, Inc. <sup>(a)</sup> | 25617 | 457776 |
| Celcuity, Inc. <sup>(a)</sup> | 12800 | 1294592 |
|  |  | 1752368 |
| **Miscellaneous Amusement & Recreation - 6.9%** | **Miscellaneous Amusement & Recreation - 6.9%** |  |
| DraftKings, Inc. - Class A <sup>(a)</sup> | 17700 | 586932 |
| Inspired Entertainment, Inc. <sup>(a)</sup> | 32992 | 271194 |
|  |  | 858126 |
| **Motion Picture & Video Tape Production - 2.0%** | **Motion Picture & Video Tape Production - 2.0%** |  |
| Thunderbird Entertainment Group, Inc. <sup>(a)</sup> | 230000 | 250700 |
| **Patent Owners & Lessors - 1.7%** | **Patent Owners & Lessors - 1.7%** |  |
| Immersion Corp. | 29991 | 213236 |
| **Personal Services - 2.2%** | **Personal Services - 2.2%** |  |
| WM Technology, Inc. <sup>(a)</sup> | 318581 | 269838 |
| **Pharmaceutical Preparations - 13.8%** | **Pharmaceutical Preparations - 13.8%** |  |
| Cartesian Therapeutics, Inc. <sup>(a)(b)</sup> | 15500 | 116095 |
| Esperion Therapeutics, Inc. <sup>(a)(b)</sup> | 88000 | 352880 |
| Harrow, Inc. <sup>(a)</sup> | 14614 | 610573 |
| Heron Therapeutics, Inc. <sup>(a)(b)</sup> | 297097 | 344633 |
| Ideaya Biosciences, Inc. <sup>(a)</sup> | 7949 | 283143 |
|  |  | 1707324 |
| **Real Estate - 7.3%** | **Real Estate - 7.3%** |  |
| Porch Group, Inc. <sup>(a)</sup> | 42389 | 410749 |
| Zillow Group, Inc. - Class C <sup>(a)</sup> | 6700 | 498346 |
|  |  | 909095 |
| **Semiconductors & Related Devices - 1.0%** | **Semiconductors & Related Devices - 1.0%** |  |
| Impinj, Inc. <sup>(a)</sup> | 704 | 120996 |
| **Surgical & Medical Instruments & Apparatus - 8.3%** | **Surgical & Medical Instruments & Apparatus - 8.3%** |  |
| Alphatec Holdings, Inc. <sup>(a)</sup> | 37863 | 853811 |
| Tela Bio, Inc. <sup>(a)</sup> | 147000 | 169050 |
|  |  | 1022861 |
| **TOTAL COMMON STOCKS** (Cost $9,317,021) | **TOTAL COMMON STOCKS** (Cost $9,317,021) | 12287565 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 4.5%** | **Shares** | **Value**  |
| First American Government Obligations Fund - Class X, 3.92% <sup>(c)</sup> | 555234 | 555234 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $555,234) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $555,234) | 555234 |
| **MONEY MARKET FUNDS - 0.8%** | **Shares** | **Value**  |
| First American Government Obligations Fund - Class X, 3.92% <sup>(c)</sup> | 94582 | 94582 |
| **TOTAL MONEY MARKET FUNDS** (Cost $94,582) | **TOTAL MONEY MARKET FUNDS** (Cost $94,582) | 94582 |
| **TOTAL INVESTMENTS - 104.5% (**Cost $9,966,837**)** | **TOTAL INVESTMENTS - 104.5% (**Cost $9,966,837**)** | 12937381 |
| Liabilities in Excess of Other Assets - (4.5)% | Liabilities in Excess of Other Assets - (4.5)% | (561429) |
| **TOTAL NET ASSETS - 100.0%** |  | $12375952 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |
| Schedule of Investments is classified using the U.S. Securities and Exchange Commission's Standard Industrial Classification (SIC) Code List. | Schedule of Investments is classified using the U.S. Securities and Exchange Commission's Standard Industrial Classification (SIC) Code List. | Schedule of Investments is classified using the U.S. Securities and Exchange Commission's Standard Industrial Classification (SIC) Code List. |

---

ADR - American Depositary Receipt<br>

(a) Non-income producing security.

(b) All or a portion of this security is on loan as of November 30, 2025. The fair value of these securities was $522,008.

(c) The rate shown represents the 7-day annualized yield as of November 30, 2025.

------

#### Summary of Fair Value Disclosure as of November 30, 2025 (Unaudited)
Jacob Small Cap Growth Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of November 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $12287565 | $– | $– | $12287565 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending | 555234 | – | – | 555234 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 94582 | – | – | 94582 |
| Total Investments | $12937381 | $– | $– | $12937381 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Jacob Funds Inc.

- **b. Investment Company Act file number:** 811-09447

- **c. CIK number of Registrant:** 0001090372

- **d. LEI of Registrant:** 5493006PQB1DQR6P2S14

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 727 2nd Street

  - **City:** Hermosa Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90254

  - **Telephone number:** 424-237-2164

**Item A.2. Information about the Series.**

- **a. Name of Series:** Jacob Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000027365

- **c. LEI of Series:** 549300Z20WPINX0KED50

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $13018261.62

**Total Liabilities:** $643648.12

**Net Assets:** $12374613.50

**Cash Not Reported:** $59962.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000082574 | 2.57%                | 2.00%                | 0.53%                |
| Class ID C000119840 | 2.60%                | 2.01%                | 0.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $264842.59               | $8226.53                                   |
| Month 2  | $3261.87                 | $257895.21                                 |
| Month 3  | $478887.32               | $-406358.45                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alphatec Holdings Inc          | Alphatec Holdings Inc                      | CUSIP: 02081G201<br>LEI: 549300EZE8CQ8K65FS24 | Long             | EC               | CORP              | US        |     37863 | NS      | $853810.65    | 6.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Beam Therapeutics Inc          | Beam Therapeutics Inc                      | CUSIP: 07373V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12200 | NS      | $309026.00    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Braze Inc                      | Braze Inc                                  | CUSIP: 10576N102<br>LEI: 9845007B9EDBFD37C277 | Long             | EC               | CORP              | US        |     17700 | NS      | $507990.00    | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CareDx Inc                     | CareDx Inc                                 | CUSIP: 14167L103<br>LEI: 549300NQOFKL9NON0U06 | Long             | EC               | CORP              | US        |     25617 | NS      | $457775.79    | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Bed Bath & Beyond Inc          | Bed Bath & Beyond Inc                      | CUSIP: 690370101<br>LEI: 549300ACR0DL9U7EI710 | Long             | EC               | CORP              | US        |     21000 | NS      | $126420.00    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Celcuity Inc                   | Celcuity Inc                               | CUSIP: 15102K100<br>LEI: 25490070W7UU7W2SEY87 | Long             | EC               | CORP              | US        |     12800 | NS      | $1294592.00   | 10.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc      | Circle Internet Group Inc                  | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |      1200 | NS      | $95916.00     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Codexis Inc                    | Codexis Inc                                | CUSIP: 192005106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    153046 | NS      | $264769.58    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent Inc                  | Confluent Inc                              | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |     23300 | NS      | $518425.00    | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                 | DraftKings Inc                             | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |     17700 | NS      | $586932.00    | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                   | Doximity Inc                               | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5800 | NS      | $298352.00    | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Esperion Therapeutics Inc      | Esperion Therapeutics Inc                  | CUSIP: 29664W105<br>LEI: 549300OFU56UKEWVUS92 | Long             | EC               | CORP              | US        |     88000 | NS      | $352880.00    | 2.85%             |  |  |  | No            |                  1 | On Loan: —       |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    589853 | NS      | $589853.01    | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Harrow Inc                     | Harrow Inc                                 | CUSIP: 415858109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14614 | NS      | $610572.92    | 4.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Heron Therapeutics Inc         | Heron Therapeutics Inc                     | CUSIP: 427746102<br>LEI: 549300DR2I1DOPD2IX53 | Long             | EC               | CORP              | US        |    297097 | NS      | $344632.52    | 2.78%             |  |  |  | No            |                  1 | On Loan: —       |
| Ideaya Biosciences Inc         | Ideaya Biosciences Inc                     | CUSIP: 45166A102<br>LEI: 549300ULW08F62IJML11 | Long             | EC               | CORP              | US        |      7949 | NS      | $283143.38    | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Identiv Inc                    | Identiv Inc                                | CUSIP: 45170X205<br>LEI: 5299008KH3C585Z0DS77 | Long             | EC               | CORP              | US        |     43800 | NS      | $147606.00    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Immersion Corp                 | Immersion Corp                             | CUSIP: 452521107<br>LEI: 529900AKNC1UAMQ2YB35 | Long             | EC               | CORP              | US        |     29991 | NS      | $213236.01    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj Inc                     | Impinj Inc                                 | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |       704 | NS      | $120996.48    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspired Entertainment Inc     | Inspired Entertainment Inc                 | CUSIP: 45782N108<br>LEI: 549300ZUGYK6NBIU6D69 | Long             | EC               | CORP              | US        |     32992 | NS      | $271194.24    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc            | Krystal Biotech Inc                        | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |       850 | NS      | $185300.00    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                    | MongoDB Inc                                | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      1700 | NS      | $565029.00    | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextdoor Holdings Inc          | Nextdoor Holdings Inc                      | CUSIP: 65345M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138400 | NS      | $242200.00    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| OptimizeRx Corp                | OptimizeRx Corp                            | CUSIP: 68401U204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31635 | NS      | $483066.45    | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Porch Group Inc                | Porch Group Inc                            | CUSIP: 733245104<br>LEI: 549300NXEI7CVW8IXQ90 | Long             | EC               | CORP              | US        |     42389 | NS      | $410749.41    | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Powerfleet Inc NJ              | Powerfleet Inc NJ                          | CUSIP: 73931J109<br>LEI: 2549007NKEFPYEH4MF81 | Long             | EC               | CORP              | US        |    112500 | NS      | $559125.00    | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Cartesian Therapeutics Inc     | Cartesian Therapeutics Inc                 | CUSIP: 816212302<br>LEI: 529900NMN0LACZOL7C43 | Long             | EC               | CORP              | US        |     15500 | NS      | $116095.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| CRISPR Therapeutics AG         | CRISPR Therapeutics AG                     | CUSIP: N/A<br>LEI: 506700O6IRRIQLT3W370       | Long             | EC               | CORP              | CH        |      3200 | NS      | $171104.00    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap Inc                       | Snap Inc                                   | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |     36000 | NS      | $276480.00    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies Inc          | SoFi Technologies Inc                      | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |      6100 | NS      | $181292.00    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Tela Bio Inc                   | Tela Bio Inc                               | CUSIP: 872381108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    147000 | NS      | $169050.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Thunderbird Entertainment Grou | Thunderbird Entertainment Group Inc        | CUSIP: 88605U107<br>LEI: 549300UXXHTSX6VCMJ56 | Long             | EC               | CORP              | CA        |    230000 | NS      | $250700.00    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WM Technology Inc              | WM Technology Inc                          | CUSIP: 92971A109<br>LEI: 549300APSNIYJ4PTIL34 | Long             | EC               | CORP              | US        |    318581 | NS      | $269838.11    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc               | Zillow Group Inc                           | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      6700 | NS      | $498346.00    | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhihu Inc                      | Zhihu Inc                                  | CUSIP: 98955N207<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     68000 | NS      | $250920.00    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-20

**Name of Applicant:** Jacob Funds Inc.

**Signature:** /s/ Ryan Jacob

**Name of Signer:** Jacob Funds Inc.

**Title:** President/Principal Executive Officer