# EDGAR Filing Document

**Accession Number:** 0001394166
**File Stem:** 0000940400-26-009568
**Filing Date:** 2026-3
**Character Count:** 76572
**Document Hash:** 50f2850fe7aba117f2df04b558bfea6b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-009568.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0000940400-26-009568

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Gabelli 787 Fund, Inc.
- **CENTRAL INDEX KEY:** 0001394166

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22041
- **FILM NUMBER:** 26704061

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 1580-1422
- **BUSINESS PHONE:** 800-422-3554

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 1580-1422

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 787 Fund, Inc.
- **DATE OF NAME CHANGE:** 20070322

## Series and Classes Contracts Data

### Enterprise Mergers and Acquisitions Fund (Series ID: S000017793)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000049130 | Class A      | EMAAX           |
| C000049132 | Class C      | EMACX           |
| C000049133 | Class Y      | EMAYX           |
| C000085566 | Class AAA    | EAAAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Gabelli 787 Fund, Inc.

- **b. Investment Company Act file number:** 811-22041

- **c. CIK number of Registrant:** 0001394166

- **d. LEI of Registrant:** 549300W742TTZFXOAO80

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

  - **Street Address 1:** One Corporate Center

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580-1422

  - **Telephone number:** 1-800-422-3554

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

- **a. Name of Series:** Enterprise Mergers and Acquisitions Fund

- **b. EDGAR series identifier (if any):** S000017793

- **c. LEI of Series:** 549300KPY4X7FDNBER92

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $53927095.80

**Total Liabilities:** $1056584.71

**Net Assets:** $52870511.09

**Cash Not Reported:** $204637.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000049130 | -1.01%               | 3.48%                | 1.59%                |
| Class ID C000049132 | -1.03%               | 3.47%                | 1.53%                |
| Class ID C000049133 | -0.97%               | 3.58%                | 1.68%                |
| Class ID C000085566 | -0.99%               | 3.53%                | 1.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $238442.23               | $-745124.10                                |
| Month 2  | $569792.53               | $1244142.27                                |
| Month 3  | $477140.94               | $332333.71                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Newmont Corp                   | Newmont Corp                           | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      4000 | NS      | $399400.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Tredegar Corp                  | Tredegar Corp                          | CUSIP: 894650100<br>LEI: 54930003228ERHCH6K87 | Long             | EC               | CORP              | US        |     45000 | NS      | $323100.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardagh Metal Packaging SA      | Ardagh Metal Packaging SA              | CUSIP: 000000000<br>LEI: 5493009WKQTU4FN9G032 | Long             | EC               | CORP              | LU        |     10000 | NS      | $41000.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Schmitt Industries Inc         | Schmitt Industries Inc                 | CUSIP: 806870200<br>LEI: 5299003BMFILFJNCJG46 | Long             | EC               | CORP              | US        |    550000 | NS      | $9735.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SAGE THERAPEUTICS INC          | SAGE THERAPEUTICS INC                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $1750.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Grifols SA                     | Grifols SA                             | CUSIP: 398438408<br>LEI: 959800HSSNXWRKBK4N60 | Long             | EC               | CORP              | ES        |      7000 | NS      | $65450.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VIGIL NEUROSCIENCE INC         | VIGIL NEUROSCIENCE INC                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65000 | NS      | $3250.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CSG Systems International Inc  | CSG Systems International Inc          | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      1500 | NS      | $115035.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Digital Infrastructure I | Array Digital Infrastructure Inc       | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |     13500 | NS      | $723870.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                      | TEGNA Inc                              | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |     63000 | NS      | $1222830.00   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| TIC Solutions Inc              | TIC Solutions Inc                      | CUSIP: 00510N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $40440.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lee Enterprises Inc            | Lee Enterprises Inc                    | CUSIP: 523768406<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22000 | NS      | $105380.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Datagroup SE                   | Datagroup SE                           | CUSIP: 000000000<br>LEI: 391200NEYPQM7LC12H89 | Long             | EC               | CORP              | DE        |      1000 | NS      | $82381.52     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchronoss Technologies Inc   | Synchronoss Technologies Inc           | CUSIP: 87157B400<br>LEI: 5493007Z5J8Z2TA76376 | Long             | EC               | CORP              | US        |      2000 | NS      | $17120.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp         | Liberty Broadband Corp                 | CUSIP: 530307107<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |      3500 | NS      | $168980.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bank/Hamilton NJ         | First Bank/Hamilton NJ                 | CUSIP: 31931U102<br>LEI: 549300YS4CB1171BRJ08 | Long             | EC               | CORP              | US        |      2000 | NS      | $32920.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AKOUOS INC                     | AKOUOS INC                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $10000.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Parrot SA                      | Parrot SA                              | CUSIP: 000000000<br>LEI: 9695000KELLFSASOM232 | Long             | EC               | CORP              | FR        |     11000 | NS      | $95661.28     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cantaloupe Inc                 | Cantaloupe Inc                         | CUSIP: 138103106<br>LEI: 529900O54DBQQVWO9Q85 | Long             | EC               | CORP              | US        |      6000 | NS      | $63720.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VERVE THERAPEUTICS INC         | VERVE THERAPEUTICS INC                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17000 | NS      | $8500.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Brookfield Corp                | Brookfield Corp                        | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |      4500 | NS      | $206505.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                | Sealed Air Corp                        | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     14000 | NS      | $580020.00    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sapiens International Corp NV  | Sapiens International Corp NV          | CUSIP: 000000000<br>LEI: 2549009P4ZS02GC5QV68 | Long             | EC               | CORP              | IL        |      6000 | NS      | $261000.00    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Gildan Activewear Inc          | Gildan Activewear Inc                  | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |       816 | NS      | $50967.36     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP  | Western Midstream Partners LP          | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $118500.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Nobility Homes Inc             | Nobility Homes Inc                     | CUSIP: 654892108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11510 | NS      | $289936.90    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Cadence Bank                   | Cadence Bank                           | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     19500 | NS      | $835380.00    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| FUSION PHARMACEUTICALS INC     | FUSION PHARMACEUTICALS INC             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12000 | NS      | $6000.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Exact Sciences Corp            | Exact Sciences Corp                    | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Long             | EC               | CORP              | US        |      2000 | NS      | $203120.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Village Super Market Inc       | Village Super Market Inc               | CUSIP: 927107409<br>LEI: 25490069686XCNNEMQ07 | Long             | EC               | CORP              | US        |     24000 | NS      | $849480.00    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP             | Energy Transfer LP                     | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |     12500 | NS      | $206125.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Avadel Pharmaceuticals PLC     | Avadel Pharmaceuticals PLC             | CUSIP: 000000000<br>LEI: 549300E27PTSG2RHC762 | Long             | EC               | CORP              | IE        |      1000 | NS      | $21550.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp       | Pan American Silver Corp               | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |     10000 | NS      | $518451.06    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc      | Rogers Communications Inc              | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |      2000 | NS      | $75460.00     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Gildan Activewear Inc          | Gildan Activewear Inc                  | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Short            | EC               | CORP              | CA        |      -300 | NS      | $-18738.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc            | Electronic Arts Inc                    | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      1000 | NS      | $204330.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Yext Inc                       | Yext Inc                               | CUSIP: 98585N106<br>LEI: 5299008ZQSBBVH7K0589 | Long             | EC               | CORP              | US        |     10000 | NS      | $80600.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Algonquin Power & Utilities Co | Algonquin Power & Utilities Corp       | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |     48000 | NS      | $295200.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc         | Digi International Inc                 | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |      2000 | NS      | $86580.00     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp                   | Navient Corp                           | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |     26000 | NS      | $338000.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| JDE Peet's NV                  | JDE Peet's NV                          | CUSIP: 000000000<br>LEI: 724500EHG519SE5ZRT89 | Long             | EC               | CORP              | NL        |     11000 | NS      | $411860.59    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sportsman's Warehouse Holdings | Sportsman's Warehouse Holdings Inc     | CUSIP: 84920Y106<br>LEI: 549300JVV8YLQSRSF462 | Long             | EC               | CORP              | US        |    130000 | NS      | $189800.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Insurance Holdings Ltd   | Aspen Insurance Holdings Ltd           | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EC               | CORP              | BM        |      4000 | NS      | $148400.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMrush Holdings Inc           | SEMrush Holdings Inc                   | CUSIP: 81686C104<br>LEI: 254900WQEX0OLGK16D27 | Long             | EC               | CORP              | US        |     20000 | NS      | $237800.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Scientific Inc            | Core Scientific Inc                    | CUSIP: 21874A106<br>LEI: 5299003RGB2LAZ65RK73 | Long             | EC               | CORP              | US        |       200 | NS      | $2912.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                       | UGI Corp                               | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      9000 | NS      | $336870.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| STAAR Surgical Co              | STAAR Surgical Co                      | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |      6000 | NS      | $138540.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp               | QuidelOrtho Corp                       | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |      3000 | NS      | $85680.00     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp                       | HNI Corp                               | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |      1182 | NS      | $49691.28     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties I | Ryman Hospitality Properties Inc       | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |      2400 | NS      | $227088.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavor Group Holdings Inc    | Endeavor Group Holdings Inc            | CUSIP: 29260Y109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1500 | NS      | $41250.00     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Dayforce Inc                   | Dayforce Inc                           | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |      3000 | NS      | $207480.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellula | Millicom International Cellular SA     | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |     23400 | NS      | $1297296.00   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Alvopetro Energy Ltd           | Alvopetro Energy Ltd                   | CUSIP: 02255Q209<br>LEI: 894500E23U8RD36B9168 | Long             | EC               | CORP              | CA        |    125000 | NS      | $636588.83    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| LANDOS BIOPHARMA INC           | LANDOS BIOPHARMA INC                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $5020.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Surgery Partners Inc           | Surgery Partners Inc                   | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |     10000 | NS      | $154500.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUEPRINT MEDICINES CORP       | BLUEPRINT MEDICINES CORP               | CUSIP: 096CVR048<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $2800.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Telephone and Data Systems Inc | Telephone and Data Systems Inc         | CUSIP: 879433829<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EC               | CORP              | US        |      8000 | NS      | $328000.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTINGENT VALUE RIGHT         | CONTINGENT VALUE RIGHT                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $500.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Live Holdings Inc      | Liberty Live Holdings Inc              | CUSIP: 530909308<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       128 | NS      | $10644.48     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinewood Technologies Group PL | Pinewood Technologies Group PLC        | CUSIP: 000000000<br>LEI: 213800VRSPZFOGMMIS18 | Long             | EC               | CORP              | GB        |     25000 | NS      | $120641.52    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Altaba Inc Escrow              | Altaba Inc Escrow                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $40500.00     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Bio-Rad Laboratories Inc       | Bio-Rad Laboratories Inc               | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |      1200 | NS      | $363588.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                   | Ducommun Inc                           | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |      1200 | NS      | $114156.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulf Coast Ultra Deep Royalty  | Gulf Coast Ultra Deep Royalty Trust    | CUSIP: 40222T104<br>LEI: 549300LVVWU3NPP3DF95 | Long             | EC               | CORP              | US        |    160000 | NS      | $4720.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PSI Software SE                | PSI Software SE                        | CUSIP: 000000000<br>LEI: 529900OS5AIRXC3T2J37 | Long             | EC               | CORP              | DE        |       300 | NS      | $15865.20     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Paratek Pharmaceuticals CVR    | Paratek Pharmaceuticals CVR            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $2000.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PREVAIL THERAPEUTICS INC       | PREVAIL THERAPEUTICS INC               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $400.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| California Resources Corp      | California Resources Corp              | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Short            | EC               | CORP              | US        |      -140 | NS      | $-6259.40     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp      | California Resources Corp              | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |       287 | NS      | $12831.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                    | Viatris Inc                            | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |     40000 | NS      | $498000.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd             | Liberty Global Ltd                     | CUSIP: 000000000<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | GB        |     50000 | NS      | $557000.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp              | Kinross Gold Corp                      | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |      3000 | NS      | $84499.65     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke KPN NV             | Koninklijke KPN NV                     | CUSIP: 000000000<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |    200000 | NS      | $934519.04    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Ework Group AB                 | Ework Group AB                         | CUSIP: 000000000<br>LEI: 549300WF2ILKHMGV9I45 | Long             | EC               | CORP              | SE        |      2000 | NS      | $20833.11     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                   | Bel Fuse Inc                           | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Short            | EC               | CORP              | US        |     -1000 | NS      | $-169630.00   | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co                   | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      2000 | NS      | $160120.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp         | Liberty Broadband Corp                 | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |      3500 | NS      | $170100.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                    | Hexcel Corp                            | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |      5000 | NS      | $369500.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Playtech Plc                   | Playtech Plc                           | CUSIP: 000000000<br>LEI: 21380068TTB6Z9ZEU548 | Long             | EC               | CORP              | IM        |      6000 | NS      | $22928.63     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| POSEIDA THERAPEUTICS INC       | POSEIDA THERAPEUTICS INC               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4500 | NS      | $2250.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ICOSAVAX INC                   | ICOSAVAX INC                           | CUSIP: 451CVR021<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $9000.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlanta Braves Holdings Inc    | Atlanta Braves Holdings Inc            | CUSIP: 047726104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22000 | NS      | $934780.00    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent Inc                  | Confluent Inc                          | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |     50000 | NS      | $1512000.00   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Skechers USA Inc               | Skechers USA Inc                       | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               | CORP              | US        |     10000 | NS      | $162600.00    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Macy's Inc                     | Macy's Inc                             | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |      9000 | NS      | $198450.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc              | Omnicom Group Inc                      | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |       300 | NS      | $24225.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc              | Omnicom Group Inc                      | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Short            | EC               | CORP              | US        |      -300 | NS      | $-24225.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings Inc             | Mativ Holdings Inc                     | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |      8200 | NS      | $99630.00     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc                | Alamos Gold Inc                        | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |     34000 | NS      | $1311720.00   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinclair Inc                   | Sinclair Inc                           | CUSIP: 829242106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33000 | NS      | $504900.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| DMC Global Inc                 | DMC Global Inc                         | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Long             | EC               | CORP              | US        |      2500 | NS      | $16725.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp       | Pan American Silver Corp               | CUSIP: 697900132<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    400000 | NS      | $198000.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc        | Essential Utilities Inc                | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |      1000 | NS      | $38360.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ABIOMED Inc                    | ABIOMED Inc                            | CUSIP: 003CVR016<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6700 | NS      | $10720.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Kenvue Inc                     | Kenvue Inc                             | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |       500 | NS      | $8625.00      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc             | Globus Medical Inc                     | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      2000 | NS      | $174620.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One | CUSIP: 531229771<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $268140.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc  | Northwestern Energy Group Inc          | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |      7700 | NS      | $496958.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos Inc             | Albertsons Cos Inc                     | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |      8000 | NS      | $137360.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Idorsia Ltd                    | Idorsia Ltd                            | CUSIP: 000000000<br>LEI: 506700XOVZUB107S5720 | Long             | EC               | CORP              | CH        |      2200 | NS      | $11817.95     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange Belgium SA              | Orange Belgium SA                      | CUSIP: 000000000<br>LEI: 5493007JS0ZHJVBUWP18 | Long             | EC               | CORP              | BE        |      7000 | NS      | $158769.52    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co PLC                 | Perrigo Co PLC                         | CUSIP: 000000000<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |     40000 | NS      | $556800.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin Inc        | Alexander & Baldwin Inc                | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16500 | NS      | $340560.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                | ICU Medical Inc                        | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |       100 | NS      | $14267.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP           | SOUTHSTATE BANK CORP                   | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      1500 | NS      | $141165.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Jamf Holding Corp              | Jamf Holding Corp                      | CUSIP: 47074L105<br>LEI: 254900IHLXZU4Z5ANA12 | Long             | EC               | CORP              | US        |      1500 | NS      | $19515.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SCPHARMACEUTICALS INC          | SCPHARMACEUTICALS INC                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14000 | NS      | $4200.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SGL Carbon SE                  | SGL Carbon SE                          | CUSIP: 000000000<br>LEI: 52990038IB31TYK07X63 | Long             | EC               | CORP              | DE        |     13500 | NS      | $49658.08     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTRA ADAMAS PHARMACE         | CONTRA ADAMAS PHARMACE                 | CUSIP: 005CVR022<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52000 | NS      | $650.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bapcor Ltd                     | Bapcor Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     10000 | NS      | $13814.14     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill            | CUSIP: 912797SH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    110000 | PA      | $109730.40    | 0.21%             | 2026-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TreeHouse Foods Inc            | TreeHouse Foods Inc                    | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |      5000 | NS      | $117950.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| 89BIO INC                      | 89BIO INC                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $1500.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MIRATI THERAPEUTICS INC        | MIRATI THERAPEUTICS INC                | CUSIP: 604CVR027<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15000 | NS      | $7500.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Target Hospitality Corp        | Target Hospitality Corp                | CUSIP: 87615L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $24030.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Live Holdings Inc      | Liberty Live Holdings Inc              | CUSIP: 530909100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       128 | NS      | $10432.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co   | Portland General Electric Co           | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     12000 | NS      | $575880.00    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Endesa SA                      | Endesa SA                              | CUSIP: 000000000<br>LEI: 549300LHK07F2CHV4X31 | Long             | EC               | CORP              | ES        |     32000 | NS      | $1151884.03   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp         | Synovus Financial Corp                 | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |      6200 | NS      | $310310.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Shore Bancshares Inc           | Shore Bancshares Inc                   | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7684 | NS      | $135853.12    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Probe Gold Inc                 | Probe Gold Inc                         | CUSIP: 74290F100<br>LEI: 549300KN4JVFBY70QS60 | Long             | EC               | CORP              | CA        |     20000 | NS      | $53477.10     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTRA ADAMAS PHARMACE         | CONTRA ADAMAS PHARMACE                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52000 | NS      | $650.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Dawson Geophysical Co          | Dawson Geophysical Co                  | CUSIP: 239360100<br>LEI: 549300R9G1EAMSMLXR09 | Long             | EC               | CORP              | US        |     66000 | NS      | $102960.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc        | Millrose Properties Inc                | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       600 | NS      | $17922.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGILON THERAPEUTICS INC CVR   | SIGILON THERAPEUTICS INC CVR           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       500 | NS      | $3775.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Avista Corp                    | Avista Corp                            | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     17000 | NS      | $655180.00    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AMBIT BIOSCIENCES CORP CVR     | AMBIT BIOSCIENCES CORP CVR             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13000 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill            | CUSIP: 912797SB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    520000 | PA      | $516488.49    | 0.98%             | 2026-03-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dynavax Technologies Corp      | Dynavax Technologies Corp              | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |      7000 | NS      | $107660.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CFT SpA                        | CFT SpA                                | CUSIP: 000000000<br>LEI: 8156006BD7F4AB008C54 | Long             | EC               | CORP              | IT        |     25000 | NS      | $135148.00    | 0.26%             |  |  |  | No            |                  3 | On Loan: No      |
| Rogers Corp                    | Rogers Corp                            | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |      7000 | NS      | $640990.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $295530.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                | Gen Digital Inc                        | CUSIP: 668771116<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |      4000 | NS      | $17640.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulf Island Fabrication Inc    | Gulf Island Fabrication Inc            | CUSIP: 402307102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $23940.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TherapeuticsMD Inc             | TherapeuticsMD Inc                     | CUSIP: 88338N206<br>LEI: 5299004JS7RE49QHRW30 | Long             | EC               | CORP              | US        |      1000 | NS      | $1630.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cidara Therapeutics Inc        | Cidara Therapeutics Inc                | CUSIP: 171757206<br>LEI: 549300IHQ9Z7RI1X2D22 | Long             | EC               | CORP              | US        |      4000 | NS      | $883560.00    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                 | Air Lease Corp                         | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |      4000 | NS      | $256920.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp             | First Horizon Corp                     | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |     10000 | NS      | $239000.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc    | Atlanta Braves Holdings Inc            | CUSIP: 047726302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7500 | NS      | $295875.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc                | TXNM Energy Inc                        | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |     18500 | NS      | $1089280.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Stratasys Ltd                  | Stratasys Ltd                          | CUSIP: 000000000<br>LEI: 529900MU215GIP9SZ741 | Long             | EC               | CORP              | US        |     30000 | NS      | $260400.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Channel Outdoor Holdings | Clear Channel Outdoor Holdings Inc     | CUSIP: 18453H106<br>LEI: 254900XBEE6V1ENYS150 | Long             | EC               | CORP              | US        |    290000 | NS      | $640900.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp              | Kinross Gold Corp                      | CUSIP: 496902198<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | US        |     10000 | NS      | $0.07         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| INNOCOLL                       | INNOCOLL                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75000 | NS      | $0.08         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Frontier Communications Parent | Frontier Communications Parent Inc     | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $190350.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LENSAR Inc                     | LENSAR Inc                             | CUSIP: 52634L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24000 | NS      | $279120.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GRACELL BIOTECHNOLOGIES INC    | GRACELL BIOTECHNOLOGIES INC            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     30000 | NS      | $1200.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| METSERA INC                    | METSERA INC                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4800 | NS      | $21600.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| REGULUS THERAPEUTICS INC       | REGULUS THERAPEUTICS INC               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $20000.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| QIAGEN NV                      | QIAGEN NV                              | CUSIP: 000000000<br>LEI: 54930036WK3GMCN17Z57 | Long             | EC               | CORP              | NL        |      5658 | NS      | $254440.26    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NII Holdings Escrow            | NII Holdings Escrow                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    380321 | NS      | $133112.35    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Dogwood State Bank             | Dogwood State Bank                     | CUSIP: 25660B103<br>LEI: 549300D3SGJ9UCUF2779 | Long             | EC               | CORP              | US        |      1000 | NS      | $23330.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Warner Bros Discovery Inc      | Warner Bros Discovery Inc              | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     21000 | NS      | $605220.00    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX China Holding Inc         | IMAX China Holding Inc                 | CUSIP: 000000000<br>LEI: 254900UPBAZQ2AIEQ396 | Long             | EC               | CORP              | KY        |    120000 | NS      | $125663.33    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EW Scripps Co/The              | EW Scripps Co/The                      | CUSIP: 811054402<br>LEI: 549300U1OW41QPKYW028 | Long             | EC               | CORP              | US        |     12000 | NS      | $47880.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Myers Industries Inc           | Myers Industries Inc                   | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |    107500 | NS      | $2012400.00   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidity Biosciences Inc        | Avidity Biosciences Inc                | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2700 | NS      | $194751.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| iRobot Corp                    | iRobot Corp                            | CUSIP: 462726100<br>LEI: 5493009PRNKOUKBAT390 | Long             | EC               | CORP              | US        |      5000 | NS      | $550.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunococorp LLC                 | Sunococorp LLC                         | CUSIP: 86765Q106<br>LEI: 529900W6BS3KGM2OOQ61 | Long             | EC               | CORP              | US        |      1081 | NS      | $53271.68     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GrainCorp Ltd                  | GrainCorp Ltd                          | CUSIP: 000000000<br>LEI: 529900XVBL825SSW9081 | Long             | EC               | CORP              | AU        |      9900 | NS      | $47436.57     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent PLC               | Severn Trent PLC                       | CUSIP: 000000000<br>LEI: 213800RPBXRETY4A4C59 | Long             | EC               | CORP              | GB        |     16000 | NS      | $601509.21    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc              | Flowers Foods Inc                      | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |      3000 | NS      | $32640.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| OPIANT PHARMACEUTICALS INC     | OPIANT PHARMACEUTICALS INC             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $1500.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rockwell Automation Inc        | Rockwell Automation Inc                | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       200 | NS      | $77814.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Golden Entertainment Inc       | Golden Entertainment Inc               | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |      3000 | NS      | $81570.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes Inc             | Champion Homes Inc                     | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $169000.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Forge Global Holdings Inc      | Forge Global Holdings Inc              | CUSIP: 34629L202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $311920.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Eventbrite Inc                 | Eventbrite Inc                         | CUSIP: 29975E109<br>LEI: 549300N6XBV2B1FAUF55 | Long             | EC               | CORP              | US        |      2000 | NS      | $8900.00      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PARAGON 28 INC                 | PARAGON 28 INC                         | CUSIP: 609CVR022<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6000 | NS      | $300.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Amicus Therapeutics Inc        | Amicus Therapeutics Inc                | CUSIP: 03152W109<br>LEI: 549300MRD1SMUTNBPQ53 | Long             | EC               | CORP              | US        |      1200 | NS      | $17088.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                 | Royal Gold Inc                         | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      3125 | NS      | $694656.25    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                 | Royal Gold Inc                         | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Short            | EC               | CORP              | US        |     -3125 | NS      | $-694656.25   | -1.31%            |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                           | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       664 | NS      | $113577.20    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamada Holdings Co Ltd         | Yamada Holdings Co Ltd                 | CUSIP: 000000000<br>LEI: 353800MDZ4K1DQKLO464 | Long             | EC               | CORP              | JP        |     12400 | NS      | $41124.87     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINOOK THERAPEUTICS INC CVR   | CHINOOK THERAPEUTICS INC CVR           | CUSIP: 169CVR016<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56000 | NS      | $11200.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Denny's Corp                   | Denny's Corp                           | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |     10000 | NS      | $62200.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CHECKPOINT THERAPEUTICS INC    | CHECKPOINT THERAPEUTICS INC            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $5000.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CNH Industrial NV              | CNH Industrial NV                      | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |     44000 | NS      | $405680.00    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                    | Lennar Corp                            | CUSIP: 526057302<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      2400 | NS      | $228288.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Crawford United Corp           | Crawford United Corp                   | CUSIP: 22511P100<br>LEI: 549300NYYZB8CYXPJZ04 | Long             | EC               | CORP              | US        |       400 | NS      | $32484.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| REV Group Inc                  | REV Group Inc                          | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |      1000 | NS      | $60810.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co            | Vulcan Materials Co                    | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      7000 | NS      | $1996540.00   | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings  | Clearwater Analytics Holdings Inc      | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1000 | NS      | $24120.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc           | Chart Industries Inc                   | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |      2500 | NS      | $515575.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrise Communications AG      | Sunrise Communications AG              | CUSIP: 000000000<br>LEI: 213800RS9HRGTWOGCO08 | Long             | EC               | CORP              | CH        |      5800 | NS      | $310612.30    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Grindr Inc                     | Grindr Inc                             | CUSIP: 39854F101<br>LEI: 254900J9EDQSYT0ERQ67 | Long             | EC               | CORP              | US        |       400 | NS      | $5416.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp            | Carrier Global Corp                    | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |       800 | NS      | $42272.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardian Capital Group Ltd     | Guardian Capital Group Ltd             | CUSIP: 401339205<br>LEI: 549300S01K8Y0KJYB822 | Long             | EC               | CORP              | CA        |      2000 | NS      | $98306.07     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| TRINITY PLACE HOLDINGS INC     | TRINITY PLACE HOLDINGS INC             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Southwest Gas Holdings Inc     | Southwest Gas Holdings Inc             | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |      2000 | NS      | $160040.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd      | Liberty Latin America Ltd              | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |     12000 | NS      | $89520.00     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Telesat Corp                   | Telesat Corp                           | CUSIP: 879512309<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     30500 | NS      | $887550.00    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                    | Hologic Inc                            | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      3000 | NS      | $223470.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                       | Fox Corp                               | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     42000 | NS      | $2727060.00   | 5.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Akero Therapeutics Inc         | Akero Therapeutics Inc                 | CUSIP: 00973Y108<br>LEI: 549300SI3KG74LBE2955 | Long             | EC               | CORP              | US        |      8000 | NS      | $4000.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| International Money Express In | International Money Express Inc        | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14000 | NS      | $215040.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd             | Capri Holdings Ltd                     | CUSIP: 000000000<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | GB        |      6500 | NS      | $158600.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBIREO PHARMA INC             | ALBIREO PHARMA INC                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $9000.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nilfisk Holding A/S            | Nilfisk Holding A/S                    | CUSIP: 000000000<br>LEI: 529900FSU45YYVLKB451 | Long             | EC               | CORP              | DK        |      6000 | NS      | $131033.02    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Lt | Brookfield Asset Management Ltd        | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | US        |       800 | NS      | $41912.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                   | Bel Fuse Inc                           | CUSIP: 077347201<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      1000 | NS      | $151800.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cross Country Healthcare Inc   | Cross Country Healthcare Inc           | CUSIP: 227483104<br>LEI: 54930037L0NBIPZ5S663 | Long             | EC               | CORP              | US        |      4000 | NS      | $32400.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bang & Olufsen A/S             | Bang & Olufsen A/S                     | CUSIP: 000000000<br>LEI: 52990018KGR3ILFDNJ20 | Long             | EC               | CORP              | DK        |      4500 | NS      | $9629.23      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| City Office REIT Inc           | City Office REIT Inc                   | CUSIP: 178587101<br>LEI: 5493003J7157VP25NL57 | Long             | EC               | CORP              | CA        |     40000 | NS      | $279600.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc              | Herc Holdings Inc                      | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |       300 | NS      | $44514.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                   | Illumina Inc                           | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |      1000 | NS      | $131160.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Manchester United Plc          | Manchester United Plc                  | CUSIP: 000000000<br>LEI: 529900GWGZPE83MJOV59 | Long             | EC               | CORP              | GB        |     18000 | NS      | $286560.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica Deutschland Holding | Telefonica Deutschland Holding AG      | CUSIP: 000000000<br>LEI: 391200ECRPJ3SWQJUM30 | Long             | EC               | CORP              | DE        |    135000 | NS      | $324443.34    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Latin America Ltd      | Liberty Latin America Ltd              | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |     20000 | NS      | $147800.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOGRAM TECHNOLOGIES INC      | MONOGRAM TECHNOLOGIES INC              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $3500.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KLX Energy Services Holdings I | KLX Energy Services Holdings Inc       | CUSIP: 48253L205<br>LEI: 5493004D4S7MAO1H3U27 | Long             | EC               | CORP              | US        |      2500 | NS      | $4725.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Plymouth Industrial REIT Inc   | Plymouth Industrial REIT Inc           | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12000 | NS      | $262560.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| EPIZYME INCCONTINGENT          | EPIZYME INCCONTINGENT                  | CUSIP: 294CVR014<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28000 | NS      | $560.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Resolute Forest Products Inc   | Resolute Forest Products Inc           | CUSIP: 761CVR042<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17500 | NS      | $26250.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mersana Therapeutics Inc       | Mersana Therapeutics Inc               | CUSIP: 59045L205<br>LEI: 529900VWD5VDZ7PVOS22 | Long             | EC               | CORP              | US        |      2000 | NS      | $57860.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Iveco Group NV                 | Iveco Group NV                         | CUSIP: 000000000<br>LEI: 549300ZWF2ZJDD9EOR96 | Long             | EC               | CORP              | IT        |     20000 | NS      | $441287.60    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Astria Therapeutics Inc        | Astria Therapeutics Inc                | CUSIP: 04635X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $52360.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Velan Inc                      | Velan Inc                              | CUSIP: 922932108<br>LEI: 549300DB4US7WDCNNN28 | Long             | EC               | CORP              | CA        |     44000 | NS      | $597865.29    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Orogen Royalties Inc           | Orogen Royalties Inc                   | CUSIP: 687080101<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2500 | NS      | $4717.50      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cool Co Ltd                    | Cool Co Ltd                            | CUSIP: 000000000<br>LEI: 549300AQHDVKVCNIU608 | Long             | EC               | CORP              | BM        |     11609 | NS      | $112026.85    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                | Hillenbrand Inc                        | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     35000 | NS      | $1110200.00   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alerion Cleanpower SpA         | Alerion Cleanpower SpA                 | CUSIP: 000000000<br>LEI: 81560090173FFC67B069 | Long             | EC               | CORP              | IT        |      4200 | NS      | $91016.89     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Corem Property Group AB        | Corem Property Group AB                | CUSIP: 000000000<br>LEI: 213800CHXQQD7TSS1T59 | Long             | EC               | CORP              | SE        |      4000 | NS      | $1888.23      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                        | SLB Ltd                                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     13965 | NS      | $535976.70    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Triple Flag Precious Metals Co | Triple Flag Precious Metals Corp       | CUSIP: 89679M104<br>LEI: 254900R7NJ1TEYIM4E61 | Long             | EC               | CORP              | CA        |       290 | NS      | $9636.73      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmet Oyj                     | Valmet Oyj                             | CUSIP: 000000000<br>LEI: 213800D9O7FUQDH83V62 | Long             | EC               | CORP              | FI        |      4500 | NS      | $149820.37    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                      | ONEOK Inc                              | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      8200 | NS      | $602700.00    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** Gabelli 787 Fund, Inc.

**Signature:** John C. Ball

**Name of Signer:** John C. Ball

**Title:** Treasurer