# EDGAR Filing Document

**Accession Number:** 0000831114
**File Stem:** 0001145549-25-049458
**Filing Date:** 2025-7
**Character Count:** 74720
**Document Hash:** af52aacecedaabc6fea821bfa6febabb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-049458.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001145549-25-049458

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBB FUND, INC.
- **CENTRAL INDEX KEY:** 0000831114

**ORGANIZATION NAME:**
- **EIN:** 510312196
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05518
- **FILM NUMBER:** 251159169

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN ST.
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 609-731-6256

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN ST.
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RBB FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FUND INC /DE/
- **DATE OF NAME CHANGE:** 19600201

## Series and Classes Contracts Data

### Campbell Systematic Macro Fund (Series ID: S000058213)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000190885 | Class A Shares | EBSAX           |
| C000190886 | Class I Shares | EBSIX           |
| C000190887 | Class P Shares | EBSPX           |
| C000190888 | Class C Shares | EBSCX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Campbell Systematic Macro Fund** | **Campbell Systematic Macro Fund** | **Campbell Systematic Macro Fund** |
| **Consolidated Schedule of Investments** | **Consolidated Schedule of Investments** | **Consolidated Schedule of Investments** |
| **May 31, 2025 (Unaudited)** | **May 31, 2025 (Unaudited)** | **May 31, 2025 (Unaudited)** |
| **SHORT-TERM INVESTMENTS - 83.7%** | **Shares** | **Value**  |
| **Money Market Funds - 8.5%** | | |
| JPM USD Liquidity LVNAV Fund - Class Institutional, 4.29% <sup>(a)</sup> | 168099864 | $168099864 |
| **U.S. Treasury Bills - 75.2%** | **<u>Par</u>** |  |
| 4.26%, 06/05/2025 <sup>(b)</sup> | 240000000 | 239915751 |
| 4.15%, 07/10/2025 <sup>(b)</sup> | 240000000 | 238932199 |
| 4.20%, 08/07/2025 <sup>(b)</sup> | 240000000 | 238141001 |
| 4.16%, 09/04/2025 <sup>(b)</sup> | 270000000 | 267030186 |
| 4.11%, 10/09/2025 <sup>(b)</sup> | 290000000 | 285660179 |
| 4.18%, 11/13/2025 <sup>(b)</sup> | 225000000 | 220730362 |
|  |  | 1490409678 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $1,658,752,071) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $1,658,752,071) | 1658509542 |
| **TOTAL INVESTMENTS - 83.7% (**Cost $1,658,752,071**)** | **TOTAL INVESTMENTS - 83.7% (**Cost $1,658,752,071**)** | 1658509542 |
| Other Assets in Excess of Liabilities - 16.3% | Other Assets in Excess of Liabilities - 16.3% | 323359141 |
| **TOTAL NET ASSETS - 100.0%** |  | $1981868683 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |

---

(a) The rate shown represents the 7-day annualized effective yield as of May 31, 2025.

(b) The rate shown is the annualized effective yield as of May 31, 2025.

---

| |
|:---|
| **Campbell Systematic Macro Fund** |
| **Consolidated Schedule of Futures Contracts** |
| **May 31, 2025 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Contracts Purchased** | **Expiration Date** | **Notional Value** | **Value / Unrealized**<br> **Appreciation**<br> (Depreciation) |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Canadian Overnight Repo Rate Average | 2224 | 12/15/2026 | $395299450 | $&nbsp;&nbsp;&nbsp;&nbsp;458743 |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Euribor | 10342 | 06/15/2026 | 2884912003 | 2072108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arabica Coffee | 89 | 07/21/2025 | 11429269 | (889019) |
| &nbsp;&nbsp;&nbsp;&nbsp;ASX SPI 200 Index | 417 | 06/19/2025 | 56830648 | 341149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Austrailian Government 10 Year Bonds | 3924 | 06/16/2025 | 288697746 | 1581777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Austrailian Government 3 Year Bonds | 7261 | 06/16/2025 | 503304495 | 713044 |
| &nbsp;&nbsp;&nbsp;&nbsp;CAC40 10 Euro Index | 344 | 06/20/2025 | 30255407 | (231020) |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Canola Oil | 1009 | 07/14/2025 | 10456515 | 373040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dow Jones Industrial Average Index | 66 | 06/20/2025 | 13957020 | 105436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro STOXX 50 Quanto Index | 1188 | 06/20/2025 | 72409579 | (442504) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BOBL | 3450 | 06/06/2025 | 466706407 | 157131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund | 2786 | 06/06/2025 | 415064051 | 739699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-OAT Future Jun 25 | 318 | 06/06/2025 | 45404844 | 158511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Schatz | 11510 | 06/06/2025 | 1402891928 | 2267483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Feeder Cattle | 609 | 08/28/2025 | 90992212 | 4110298 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE 100 Index | 291 | 06/20/2025 | 34430295 | 248524 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE China A50 Index | 1084 | 06/27/2025 | 14445384 | (137365) |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE/JSE Top 40 Index | 700 | 06/19/2025 | 33776727 | 504893 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE/MIB Index | 209 | 06/20/2025 | 47623077 | 1548350 |
| &nbsp;&nbsp;&nbsp;&nbsp;German Stock Index | 64 | 06/20/2025 | 43682938 | 79672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gold | 32 | 08/27/2025 | 10609280 | (59889) |
| &nbsp;&nbsp;&nbsp;&nbsp;Hang Seng China Enterprises Index | 17 | 06/27/2025 | 908852 | 1559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hang Seng Index | 332 | 06/27/2025 | 49085919 | 26928 |
| &nbsp;&nbsp;&nbsp;&nbsp;IBEX 35 Index | 399 | 06/20/2025 | 64113819 | 1732772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lean Hogs | 170 | 07/15/2025 | 7134900 | 159253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Live Cattle | 1969 | 08/29/2025 | 164884060 | (1269486) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Aluminum<sup>(a)</sup> | 3608 | 06/16/2025 | 219900384 | (15111995) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Aluminum<sup>(a)</sup> | 771 | 09/15/2025 | 47161492 | (500330) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Copper<sup>(a)</sup> | 1075 | 06/16/2025 | 256759181 | (523624) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Copper<sup>(a)</sup> | 324 | 09/15/2025 | 76893786 | (439100) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Lead<sup>(a)</sup> | 2559 | 06/16/2025 | 124366760 | (4807813) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Lead<sup>(a)</sup> | 1110 | 09/15/2025 | 54497115 | (1008318) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Nickel<sup>(a)</sup> | 847 | 06/16/2025 | 76633409 | (3229425) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Nickel<sup>(a)</sup> | 150 | 09/15/2025 | 13748913 | (252782) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Zinc<sup>(a)</sup> | 2995 | 06/16/2025 | 195113767 | (16462444) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Zinc<sup>(a)</sup> | 634 | 09/15/2025 | 41597374 | (1499115) |
| &nbsp;&nbsp;&nbsp;&nbsp;Long Gilt | 1004 | 09/26/2025 | 123748208 | (98912) |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI Singapore Index | 1692 | 06/27/2025 | 53872440 | 222274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq 100 Index | 223 | 06/20/2025 | 95340305 | 562423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nikkei 225 Index | 42 | 06/12/2025 | 11079746 | 51276 |
| &nbsp;&nbsp;&nbsp;&nbsp;NY Harbor ULSD | 204 | 06/30/2025 | 17182267 | (756872) |
| &nbsp;&nbsp;&nbsp;&nbsp;OMXS30 Index | 549 | 06/19/2025 | 14281977 | (131803) |
| &nbsp;&nbsp;&nbsp;&nbsp;Physcial Electricity Index | 52 | 07/30/2025 | 3339861 | (263974) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500 Index | 526 | 06/20/2025 | 155590800 | 588666 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P/Toronto Stock Exchange 60 Index | 277 | 06/19/2025 | 63298138 | 1023887 |
| &nbsp;&nbsp;&nbsp;&nbsp;SGX FTSE Taiwan Index | 597 | 06/27/2025 | 41837760 | (670424) |
| &nbsp;&nbsp;&nbsp;&nbsp;SGX TSI Iron Ore | 3064 | 07/31/2025 | 29304096 | (9498) |
| &nbsp;&nbsp;&nbsp;&nbsp;Silver | 241 | 07/29/2025 | 39799945 | (505000) |
| &nbsp;&nbsp;&nbsp;&nbsp;Sugar #11 | 1990 | 06/30/2025 | 38001040 | (1721189) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 5 Year Note | 4983 | 09/30/2025 | 539098313 | 322183 |
| &nbsp;&nbsp;&nbsp;&nbsp;UK Natural Gas | 270 | 07/30/2025 | 9139111 | (816677) |
|  |  |  |  | $(31687499) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Contracts Sold** | **Expiration Date** | **Notional Value** | **Value / Unrealized**<br> **Appreciation**<br> (Depreciation) |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month Secured Overnight Financing Rate | (3328) | 12/15/2026 | $804627200 | $(763776) |
| &nbsp;&nbsp;&nbsp;&nbsp;Australian 90 Day Bank Bills | (118) | 06/11/2026 | 75489641 | (7739) |
| &nbsp;&nbsp;&nbsp;&nbsp;Brent Crude Oil | (603) | 07/31/2025 | 37416150 | 484883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian 10 Year Government Bonds | (1387) | 09/18/2025 | 123615674 | (1664443) |
| &nbsp;&nbsp;&nbsp;&nbsp;Copper | (72) | 07/29/2025 | 8419500 | 96760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corn No. 2 Yellow | (2419) | 07/14/2025 | 53701800 | 677795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cotton No.2 | (1390) | 07/09/2025 | 45216700 | 308907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crude Oil | (250) | 06/20/2025 | 15197500 | 11315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crude Soybean Oil | (959) | 07/14/2025 | 26980506 | 1193882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro BUXL 30 Year Bonds | (186) | 06/06/2025 | 25676874 | (502290) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BTP Italian Government Bonds | (331) | 06/06/2025 | 45532184 | (551613) |
| &nbsp;&nbsp;&nbsp;&nbsp;Hard Red Winter Wheat | (2906) | 07/14/2025 | 77481225 | 2451261 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICE 3 Month SONIA Rate | (803) | 09/15/2026 | 260539528 | 3801 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICE European Climate Exchange Emissions | (199) | 12/15/2025 | 15909425 | (966460) |
| &nbsp;&nbsp;&nbsp;&nbsp;Japanese 10 Year Government Bonds | (51) | 06/13/2025 | 49296987 | (9041) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Aluminum<sup>(a)</sup> | (3608) | 06/16/2025 | 219900384 | 8303516 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Aluminum<sup>(a)</sup> | (260) | 09/15/2025 | 15904005 | 155266 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Copper<sup>(a)</sup> | (1075) | 06/16/2025 | 256759181 | (4612177) |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Copper<sup>(a)</sup> | (103) | 09/15/2025 | 24444629 | 165775 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Lead<sup>(a)</sup> | (2559) | 06/16/2025 | 124366760 | 369925 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Lead<sup>(a)</sup> | (888) | 09/15/2025 | 43597692 | 596107 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Nickel<sup>(a)</sup> | (847) | 06/16/2025 | 76633409 | 2583557 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Nickel<sup>(a)</sup> | (346) | 09/15/2025 | 31714160 | 820771 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Zinc<sup>(a)</sup> | (2995) | 06/16/2025 | 195113768 | 14562666 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Metals - Zinc<sup>(a)</sup> | (801) | 09/15/2025 | 52554411 | 973111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Low Sulphur Gas Oil | (325) | 07/10/2025 | 19199375 | 231941 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI EAFE Index | (84) | 06/20/2025 | 10938900 | (429855) |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI Emerging Markets Index | (224) | 06/20/2025 | 12872160 | (130339) |
| &nbsp;&nbsp;&nbsp;&nbsp;Natural Gas | (243) | 06/26/2025 | 8376210 | 229242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natural Gas | (35) | 07/30/2025 | 1019502 | 82420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nifty 50 Index | (322) | 06/26/2025 | 15995028 | 33859 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palladium | (145) | 09/26/2025 | 14044700 | 588002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Platinum | (279) | 07/29/2025 | 14715855 | (575159) |
| &nbsp;&nbsp;&nbsp;&nbsp;Reformulated Gasoline Blendstock | (1102) | 06/30/2025 | 93266888 | 2139367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Robusta Coffee | (627) | 09/24/2025 | 27983010 | 1851321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 2000 Index | (214) | 06/20/2025 | 22130810 | (1024567) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P Mid Cap 400 Index | (56) | 06/20/2025 | 16822960 | (977796) |
| &nbsp;&nbsp;&nbsp;&nbsp;Soybean Meal | (5334) | 07/14/2025 | 158046420 | 923671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Soybeans | (2207) | 07/14/2025 | 114957113 | 726435 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOPIX Index | (5) | 06/12/2025 | 972063 | (1970) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 10 Year Notes | (2343) | 09/19/2025 | 259487250 | (1516186) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 2 Year Notes | (3975) | 09/30/2025 | 824564063 | (860959) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bonds | (8) | 09/19/2025 | 902250 | 1736 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Ultra Bonds | (236) | 09/19/2025 | 27390750 | (597637) |
| &nbsp;&nbsp;&nbsp;&nbsp;US Cocoa | (176) | 07/16/2025 | 17232160 | 423498 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wheat | (97) | 07/14/2025 | 2589900 | (16818) |
|  |  |  |  | $25781965 |
| **Net Unrealized Appreciation (Depreciation)** |  |  |  | $(590534)  |

---

(a) London Metal Exchange ("LME") futures contracts settle on their respective maturity date, and do not have daily cash movements like other futures contracts.

---

| |
|:---|
| **Campbell Systematic Macro Fund** |
| **Schedule of Forward Currency Contracts** |
| **May 31, 2025 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Unrealized**<br> **Appreciation**<br> (Depreciation) |
| UBS AG | 06/18/2025 | AUD | 5194250000 | USD | 3312065201 | $37057177 |
| UBS AG | 06/18/2025 | BRL | 2164250000 | USD | 373030184 | 3678439 |
| UBS AG | 06/18/2025 | CAD | 1812600000 | USD | 1296667670 | 25387538 |
| UBS AG | 06/18/2025 | CHF | 121000000 | USD | 144796759 | 2569718 |
| UBS AG | 06/18/2025 | CLP | 98940000000 | USD | 105564002 | (993110) |
| UBS AG | 06/18/2025 | CNH | 317500000 | USD | 44099841 | 32607 |
| UBS AG | 06/18/2025 | COP | 759900000000 | USD | 180573044 | 1895469 |
| UBS AG | 06/18/2025 | CZK | 2994400000 | USD | 129321423 | 7187051 |
| UBS AG | 06/18/2025 | EUR | 1186000000 | USD | 1311618588 | 36647258 |
| UBS AG | 06/18/2025 | GBP | 1081950000 | USD | 1409590141 | 48301665 |
| UBS AG | 06/18/2025 | HUF | 116493000000 | USD | 316970043 | 10177304 |
| UBS AG | 06/18/2025 | IDR | 3651550000000 | USD | 221042360 | 2929825 |
| UBS AG | 06/18/2025 | INR | 25548000000 | USD | 295572053 | 2664728 |
| UBS AG | 06/18/2025 | JPY | 215100000000 | USD | 1483200817 | 14842602 |
| UBS AG | 06/18/2025 | KRW | 232305000000 | USD | 160712538 | 7890550 |
| UBS AG | 06/18/2025 | MXN | 16131300000 | USD | 804201960 | 25453617 |
| UBS AG | 06/18/2025 | NOK | 5199300000 | USD | 497408011 | 11947022 |
| UBS AG | 06/18/2025 | NZD | 1508450000 | USD | 877819730 | 24171538 |
| UBS AG | 06/18/2025 | PHP | 15617250000 | USD | 273934988 | 5853245 |
| UBS AG | 06/18/2025 | PLN | 1386225000 | USD | 358767313 | 11414375 |
| UBS AG | 06/18/2025 | SEK | 2408850000 | USD | 247251355 | 4297889 |
| UBS AG | 06/18/2025 | SGD | 201501000 | USD | 156633737 | (215890) |
| UBS AG | 06/18/2025 | TWD | 8730900000 | USD | 292019461 | (208550) |
| UBS AG | 06/18/2025 | USD | 3437850350 | AUD | 5442800000 | (71530846) |
| UBS AG | 06/18/2025 | USD | 264330766 | BRL | 1555900000 | (6488661) |
| UBS AG | 06/18/2025 | USD | 1248748474 | CAD | 1760900000 | (35598330) |
| UBS AG | 06/18/2025 | USD | 259320542 | CHF | 220950000 | (9775517) |
| UBS AG | 06/18/2025 | USD | 161599576 | CLP | 154940000000 | (2158399) |
| UBS AG | 06/18/2025 | USD | 156503454 | CNH | 1127900000 | (274461) |
| UBS AG | 06/18/2025 | USD | 71593305 | COP | 311190000000 | (3130181) |
| UBS AG | 06/18/2025 | USD | 133719766 | CZK | 2968400000 | (1603423) |
| UBS AG | 06/18/2025 | USD | 1090566387 | EUR | 980100000 | (23628685) |
| UBS AG | 06/18/2025 | USD | 1095641956 | GBP | 829900000 | (22620819) |
| UBS AG | 06/18/2025 | USD | 250279084 | HUF | 90195000000 | (3015578) |
| UBS AG | 06/18/2025 | USD | 105267038 | IDR | 1746150000000 | (1835160) |
| UBS AG | 06/18/2025 | USD | 264629967 | INR | 22852000000 | (2134825) |
| UBS AG | 06/18/2025 | USD | 1090239483 | JPY | 157767000000 | (8513729) |
| UBS AG | 06/18/2025 | USD | 271926674 | KRW | 389655000000 | (10878415) |
| UBS AG | 06/18/2025 | USD | 651776883 | MXN | 13303200000 | (32425511) |
| UBS AG | 06/18/2025 | USD | 242566639 | NOK | 2582550000 | (10435658) |
| UBS AG | 06/18/2025 | USD | 1090927196 | NZD | 1875900000 | (30784110) |
| UBS AG | 06/18/2025 | USD | 133771413 | PHP | 7713750000 | (4422986) |
| UBS AG | 06/18/2025 | USD | 231076493 | PLN | 880800000 | (4134984) |
| UBS AG | 06/18/2025 | USD | 390439187 | SEK | 3829200000 | (9433102) |
| UBS AG | 06/18/2025 | USD | 262476636 | SGD | 347361000 | (7166988) |
| UBS AG | 06/18/2025 | USD | 381931951 | TWD | 12145050000 | (23989330) |
| UBS AG | 06/18/2025 | USD | 230010045 | ZAR | 4303400000 | (8965018) |
| UBS AG | 06/18/2025 | ZAR | 7123000000 | USD | 385484329 | 10067878 |
| **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | $(41894768) |

---

---

| |
|:---|
| AUD - Australian Dollars |
| BRL - Brazilian Real |
| CAD - Canadian Dollar |
| CHF - Swiss Franc |
| CLP - Chilean Peso |
| CNH - Chinese Offshore Renminbi |
| COP - Colombian Peso |
| CZK - Czech Republic Koruna |
| EUR - Euro |
| GBP - British Pound |
| HUF - Hungarian Forint |
| IDR - Indonesian Rupiah |
| INR - Indian Rupee |
| JPY - Japanese Yen |
| KRW - South Korean Won |
| MXN - Mexican Peso |
| NOK - Norwegian Krone |
| NZD - New Zealand Dollar |
| PHP - Philippine Peso |
| PLN - Polish Zloty |
| SEK - Swedish Krona |
| SGD - Singapore Dollar |
| TWD - New Taiwan Dollar |
| USD - United States Dollar |
| ZAR - South African Rand |

---

------

#### <br>

#### Summary of Fair Value Disclosure as of May 31, 2025 (Unaudited)
Campbell Systematic Macro 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 May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 168099864 | – |  | 168099864 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills | – | 1490409678 |  | 1490409678 |
| Total Investments | 168099864 | 1490409678 |  | 1658509542 |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards\* | – | 294467497 |  | 294467497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts\* | 61141868 | – |  | 61141868 |
| Total Other Financial Instruments | 61141868 | 294467497 |  | 355609365 |
| **Liabilities:** |  |  |  |  |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards\* | – | (336362265) |  | (336362265) |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts\* | (67047402) | – |  | (67047402) |
| Total Other Financial Instruments | (67047402) | (336362265) |  | (403409667) |
| \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of May 31, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of May 31, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of May 31, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of May 31, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of May 31, 2025. |
| Refer to the Consolidated Schedule of Investments for further disaggregation of investment categories. | Refer to the Consolidated Schedule of Investments for further disaggregation of investment categories. | Refer to the Consolidated Schedule of Investments for further disaggregation of investment categories. | Refer to the Consolidated Schedule of Investments for further disaggregation of investment categories. | Refer to the Consolidated 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:** RBB Fund, Inc.

- **b. Investment Company Act file number:** 811-05518

- **c. CIK number of Registrant:** 0000831114

- **d. LEI of Registrant:** 5493005KKD0GVHSW0D29

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 262-378-6278

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

- **a. Name of Series:** Campbell Systematic Macro Fund

- **b. EDGAR series identifier (if any):** S000058213

- **c. LEI of Series:** 5493002VR7Z8ZNJ4QI11

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $2318862984.27

**Total Liabilities:** $341070240.35

**Net Assets:** $1977792743.92

**Amount of Assets Invested in Other Investment Companies:** $111408003.68

**Cash Not Reported:** $224094790.54

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 16731.386851000000 | **1-Year:** 2338.275138000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000190885 | 2.11%                | -1.87%               | -1.40%               |
| Class ID C000190886 | 2.18%                | -1.94%               | -1.39%               |
| Class ID C000190888 | 2.04%                | -2.00%               | -1.40%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1020311.37             | $-318370.05                                |
| Month 2  | $14869434.59             | $-150125.89                                |
| Month 3  | $3292443.75              | $40218.03                                  |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                                    | CAD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-35598329.65 | -1.80%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | CAD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $25322900.41  | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| U.S. Bank Money Market Deposit Account | U.S. Bank Money Market Deposit Account              | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 156689865 | NS      | $156689865.15 | 7.92%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                         | CUSIP: 912797LW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 240000000 | PA      | $238932199.20 | 12.08%            | 2025-07-10      | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                         | CUSIP: 912797MG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 240000000 | PA      | $238141000.80 | 12.04%            | 2025-08-07      | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                         | CUSIP: 912797MH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 270000000 | PA      | $267030186.30 | 13.50%            | 2025-09-04      | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| N/A                                    | CAN 10YR BOND FUT Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |     -1567 | NC      | $-1881204.64  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | EUR/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-23605705.78 | -1.19%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | EUR/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $36647257.84  | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | ECX EMISSION      Dec25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | NL        |      -202 | NC      | $-977794.86   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | CANOLA FUTR (WCE) Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | CA        |       926 | NC      | $379545.62    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | E-Mini Russ 2000  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -220 | NC      | $-1037350.00  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                         | CUSIP: 912797NP8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 240000000 | PA      | $239915750.40 | 12.13%            | 2025-06-05      | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                         | CUSIP: 912797QE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 290000000 | PA      | $285660179.00 | 14.44%            | 2025-10-09      | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                         | CUSIP: 912797QQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 225000000 | PA      | $220730361.75 | 11.16%            | 2025-11-13      | Fixed         | 0.00%                 | No            |                  1 | On Loan: No      |
| N/A                                    | AUD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-70866124.03 | -3.58%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | S&P500 EMINI FUT  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       550 | NC      | $677725.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | GBP/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-22620819.02 | -1.14%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | GBP/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $48300133.02  | 2.44%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | LIVE CATTLE FUTR  Aug25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      1969 | NC      | $-1269486.38  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | USD/ZAR FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-8965811.44  | -0.45%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | USD/ZAR FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $10067878.44  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | US LONG BOND(CBT) Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -640 | NC      | $-666458.10   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | US ULTRA BOND CBT Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -224 | NC      | $-601301.59   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | AUD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $36993304.52  | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | SOYBEAN OIL FUTR  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -913 | NC      | $1193438.74   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | BRL/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-6505507.72  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | BRL/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $3678438.68   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | LME COPPER FUTURE Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |     -1075 | NC      | $-4612176.75  | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME COPPER FUTURE Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      1075 | NC      | $-523624.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME COPPER FUTURE Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       -82 | NC      | $144730.64    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | MSCI EmgMkt       Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -229 | NC      | $-130850.06   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | CORN FUTURE       Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |     -2593 | NC      | $692531.64    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | COCOA FUTURE      Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -154 | NC      | $488514.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | CAC40 10 EURO FUT Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | FR        |       280 | NC      | $-201559.92   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | CHF/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-9774919.62  | -0.49%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | CHF/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $2569718.37   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | WTI CRUDE FUTURE  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -182 | NC      | $60799.56     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | CLP/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-2240414.04  | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | CLP/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-993109.51   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | MSCI EAFE         Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -85 | NC      | $-435136.90   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | MXN/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-32425511.05 | -1.64%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | MSCI SING IX ETS  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SG        |      1717 | NC      | $225831.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | FTSE/MIB IDX FUT  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | IT        |       210 | NC      | $1565129.73   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | CNH/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-274461.33   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | CNH/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $32606.65     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | COP/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-3149485.63  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | COP/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $1895469.24   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | GASOLINE RBOB FUT Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -994 | NC      | $2143483.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | BRENT CRUDE FUTR  Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -491 | NC      | $536925.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | COTTON NO.2 FUTR  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |     -1334 | NC      | $314566.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | CZK/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-1551895.38  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | CZK/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $7187051.23   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | COFF ROBUSTA 10tn Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -572 | NC      | $1846353.64   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | DJIA MINI e-CBOT  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        67 | NC      | $110409.25    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | 3MO EURO EURIBOR  Jun26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     11479 | NC      | $3254565.98   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | CATTLE FEEDER FUT Aug25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       609 | NC      | $4110298.32   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | UK Natural Gas FutAug25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       300 | NC      | $-900280.43   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | US 5YR NOTE (CBT) Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       532 | NC      | $53164.61     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | FTSE/JSE TOP 40   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | ZA        |       700 | NC      | $504893.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | Phelix DE Base M  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | DE        |        55 | NC      | $-282812.18   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | S&P MID 400 EMINI Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -59 | NC      | $-1000282.75  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LONG GILT FUTURE  Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |       666 | NC      | $-12067.13    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | DAX INDEX FUTURE  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |        47 | NC      | $117295.35    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | COPPER FUTURE     Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -50 | NC      | $95389.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | GOLD 100 OZ FUTR  Aug25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        87 | NC      | $-192404.89   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | HSCEI Futures     Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | HK        |        16 | NC      | $1689.56      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | Euro-BTP Future   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      -345 | NC      | $-580719.39   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | 90-DAY BANK BILL  Jun26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |       -27 | NC      | $-3793.81     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | COFFEE 'C' FUTURE Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        92 | NC      | $-936015.34   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | EURO-BOBL FUTURE  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      3456 | NC      | $329791.03    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | HANG SENG IDX FUT Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | HK        |       277 | NC      | $5711.67      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | NY Harb ULSD Fut  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       204 | NC      | $-756871.68   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | HUF/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-2986452.92  | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | HUF/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $10177304.23  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | IBEX 35 INDX FUTR Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | ES        |       393 | NC      | $1732516.24   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | IDR/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-1835159.97  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | SOYBEAN FUTURE    Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |     -2285 | NC      | $849074.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SUGAR #11 (WORLD) Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      1884 | NC      | $-1713958.48  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SGX Iron Ore 62%  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | SG        |      3121 | NC      | $-9675.10     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SEK/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-9431415.71  | -0.48%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | SEK/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $4297888.99   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | SGD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-7166987.50  | -0.36%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | IDR/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $2929825.06   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | INR/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-2134825.34  | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | INR/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $2667345.05   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | JPN 10Y BOND(OSE) Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | JP        |       -70 | NC      | $22291.13     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | IFSC NIFTY 50 FUT Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | IN        |      -319 | NC      | $33674.74     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | JPY/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-8513729.36  | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | SGD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-215889.84   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | SILVER FUTURE     Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       315 | NC      | $-617878.05   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SOYBEAN MEAL FUTR Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |     -5277 | NC      | $915763.46    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | TOPIX INDX FUTR   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |         8 | NC      | $36307.03     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | 3M CORRA Futures  Sep26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |      2224 | NC      | $458742.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | EURO-SCHATZ FUT   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |     12302 | NC      | $2597130.70   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | JPY/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $14720970.58  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | KRW/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-10878415.23 | -0.55%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | KRW/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $7890550.17   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | KC HRW WHEAT FUT  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |     -2837 | NC      | $2454907.26   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME PRI ALUM FUTR Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |     -3608 | NC      | $8303516.16   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME PRI ALUM FUTR Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      3608 | NC      | $-15111994.59 | -0.76%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME PRI ALUM FUTR Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -193 | NC      | $158754.36    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME PRI ALUM FUTR Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       771 | NC      | $-500329.58   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LEAN HOGS FUTURE  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       203 | NC      | $188402.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME LEAD FUTURE   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |     -2559 | NC      | $369925.33    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME LEAD FUTURE   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      2559 | NC      | $-4807813.42  | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME LEAD FUTURE   Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -888 | NC      | $596106.81    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME LEAD FUTURE   Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      1090 | NC      | $-1009023.70  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME NICKEL FUTURE Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -847 | NC      | $2583556.82   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME NICKEL FUTURE Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       847 | NC      | $-3229424.50  | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME NICKEL FUTURE Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -341 | NC      | $817997.49    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME NICKEL FUTURE Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       150 | NC      | $-252782.37   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME COPPER FUTURE Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       324 | NC      | $-439100.27   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME ZINC FUTURE   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |     -2995 | NC      | $14562665.90  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME ZINC FUTURE   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      2995 | NC      | $-16462444.10 | -0.83%            |  |  |  | No            |                  1 | On Loan: No      |
| JPM USD Liquidity LVNAV Fund           | JPMorgan Liquidity Funds - USD Liquidity LVNAV Fund | CUSIP: N/A<br>LEI: 549300OWEWVINPJ47802       | Long             | STIV             | CORP              | LU        | 168099864 | NS      | $168099863.89 | 8.50%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | Euro-OAT Future   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       282 | NC      | $154374.97    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | US 2YR NOTE (CBT) Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -4020 | NC      | $-870873.86   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | TWD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-23989329.63 | -1.21%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | EURO-BUND FUTURE  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      2935 | NC      | $1018027.49   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | 3 MONTH SOFR FUT  Sep26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -3433 | NC      | $-788943.27   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME ZINC FUTURE   Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -691 | NC      | $878511.57    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | LME ZINC FUTURE   Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |       634 | NC      | $-1499115.32  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | MXN/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $25468586.21  | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | NATURAL GAS FUTR  Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -265 | NC      | $309748.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | NIKKEI 225  (OSE) Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |        96 | NC      | $361933.81    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | NOK/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-10413484.46 | -0.53%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | NOK/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $11947022.09  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | NASDAQ 100 E-MINI Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       228 | NC      | $487452.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | NZD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-30694484.80 | -1.55%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | NZD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $24171538.41  | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | EURO-BUXL 30Y BND Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      -191 | NC      | $-512446.50   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | FTSE 100 IDX FUT  Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |       182 | NC      | $249872.46    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | TWD/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-208549.88   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | US 10YR NOTE (CBT)Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -4443 | NC      | $-4230914.45  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | PALLADIUM FUTURE  Sep25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -149 | NC      | $604941.97    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | PHP/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-4422986.09  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | PHP/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $5853245.02   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | PLATINUM FUTURE   Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -284 | NC      | $-595656.48   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | PLN/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-4134984.40  | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | PLN/USD FWD 20250618                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $11412877.62  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | S&P/TSX 60 IX FUT Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | CA        |       352 | NC      | $1641515.89   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | OMXS30 IND FUTURE Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SE        |       324 | NC      | $-97923.31    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | Low Su Gasoil G   Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | GB        |      -184 | NC      | $176183.52    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | ICE 3MTH SONIA FU Jun26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |      -685 | NC      | $-1496.01     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | FTSE Taiwan Index Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SG        |       612 | NC      | $-688154.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | FTSE CHINA A50    Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SG        |      1110 | NC      | $-140659.20   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | TTF NAT GAS F     Aug25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | NL        |       -80 | NC      | $192428.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | EURO STOXX 50     Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |       735 | NC      | $-317663.42   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | WHEAT FUTURE(CBT) Jul25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -375 | NC      | $-70420.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | AUST 10Y BOND FUT Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |      3290 | NC      | $1459870.54   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SPI 200 FUTURES   Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | AU        |       370 | NC      | $329968.29    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | AUST 3YR BOND FUT Jun25                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |      6667 | NC      | $668446.21    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-21

**Name of Applicant:** RBB Fund, Inc.

**Signature:** /s/ James G. Shaw

**Name of Signer:** RBB Fund, Inc.

**Title:** CFO COO Secretary