# EDGAR Filing Document

**Accession Number:** 0000864230
**File Stem:** 0001752724-25-161629
**Filing Date:** 2025-6
**Character Count:** 34172
**Document Hash:** 6b5fd119b9163fd0acfa0a85edd492c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-161629.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-161629

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20250430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CALDWELL & ORKIN FUNDS INC
- **CENTRAL INDEX KEY:** 0000864230

**ORGANIZATION NAME:**
- **EIN:** 581895283
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06113
- **FILM NUMBER:** 251084198

**BUSINESS ADDRESS:**
- **STREET 1:** 2502 N. ROCKY POINT DRIVE
- **STREET 2:** SUITE 665
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33607
- **BUSINESS PHONE:** 813-282-7870

**MAIL ADDRESS:**
- **STREET 1:** 2502 N. ROCKY POINT DRIVE
- **STREET 2:** SUITE 665
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33607

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OTC SELECT 100 FUND INC
- **DATE OF NAME CHANGE:** 19920629

## Series and Classes Contracts Data

### Caldwell & Orkin - Gator Capital Long/Short Fund (Series ID: S000011446)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000031655 | Caldwell & Orkin - Gator Capital Long/Short Fund | COAGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Caldwell & Orkin Funds, Inc.

- **b. Investment Company Act file number:** 811-06113

- **c. CIK number of Registrant:** 0000864230

- **d. LEI of Registrant:** 5493008S0906HH519X80

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

  - **Street Address 1:** 2502 N. Rocky Point Drive

  - **City:** Tampa

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33607

  - **Telephone number:** 813-282-7870

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

- **a. Name of Series:** GATOR CAPITAL LONG/SHORT FUND

- **b. EDGAR series identifier (if any):** S000011446

- **c. LEI of Series:** 5493008S0906HH519X80

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

- **a. Date of fiscal year-end:** 2025-04-30

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $60242146.83

**Total Liabilities:** $10379538.60

**Net Assets:** $49862608.23

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000031655 | -2.80%               | -6.55%               | -0.49%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-145330.88              | $-1490684.74                               |
| Month 2  | $14691.96                | $-3543858.53                               |
| Month 3  | $270594.92               | $-547792.51                                |

**Designated Index Information**

- **Index Name:** CALDWELL & ORKIN DRP

- **Index Identifier:** CALDWELL & ORKIN DRP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Customers Bancorp, Inc.                        | Customers Bancorp, Inc.                                 | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     27200 | NS      | $1360000.00   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                            | Synchrony Financial                                     | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     12600 | NS      | $654570.00    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Bancshares Inc                       | Northwest Bancshares, Inc.                              | CUSIP: 667340103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -9142 | NS      | $-112903.70   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Chimera Investment Corporation                 | Chimera Investment Corp., Series D, 8.00%               | CUSIP: 16934Q604<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     19717 | NS      | $486024.05    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Fed Fin In                             | Capitol Federal Financial, Inc.                         | CUSIP: 14057J101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -165800 | NS      | $-940086.00   | -1.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation                   | Stifel Financial Corp.                                  | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     12000 | NS      | $1028280.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc.                      | Corebridge Financial Inc                                | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     46500 | NS      | $1377795.00   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                     | Ameriprise Financial, Inc.                              | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2500 | NS      | $1177550.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | Meta Platforms, Inc.                                    | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2000 | NS      | $1098000.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                  | Interactive Brokers Group, Inc.                         | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     10200 | NS      | $1752870.00   | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners Inc.                | Virtus Investment Partners, Inc.                        | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |      8200 | NS      | $1259438.00   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale S.A.                          | Societe Generale SA                                     | CUSIP: 83364L109<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     50000 | NS      | $524500.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Anywhere Real Estate Inc.                      | Anywhere Real Estate, Inc.                              | CUSIP: 75605Y106<br>LEI: 5493004HBTOTE9DI9P12 | Long             | EC               | CORP              | US        |    294000 | NS      | $1017240.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Financial Institutions Inc.                    | Financial Institutions, Inc.                            | CUSIP: 317585404<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1525 | NS      | $38719.75     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Second Bancorp Inc.                        | Old Second Bancorp, Inc.                                | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |     43900 | NS      | $693181.00    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc                             | Axos Financial, Inc.                                    | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     25000 | NS      | $1587000.00   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP Inc                                        | Boston Properties, Inc.                                 | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Short            | EC               | CORP              | US        |     -5200 | NS      | $-331396.00   | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                              | Essent Group Ltd.                                       | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Short            | EC               | CORP              | BM        |     -9000 | NS      | $-512370.00   | -1.03%            |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                        | Corporate Office Properties Trust                       | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Short            | EC               | CORP              | US        |    -15000 | NS      | $-391650.00   | -0.79%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association          | Federal National Mortgage Association, Series R, 7.625% | CUSIP: 313586760<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EP               | USGSE             | US        |     29033 | NS      | $286700.88    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc.                          | OneMain Holdings, Inc.                                  | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     12500 | NS      | $588375.00    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| First Internet Bancorp.                        | First Internet Bancorp                                  | CUSIP: 320557101<br>LEI: 549300T25MP2M92XU194 | Long             | EC               | CORP              | US        |     10000 | NS      | $212600.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                       | Western Alliance Bancorp                                | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     16000 | NS      | $1115360.00   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc Of California Inc.                        | Banc of California, Inc.                                | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |     56600 | NS      | $762968.00    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| The Toronto-Dominion Bank                      | Toronto-Dominion Bank/The                               | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Short            | EC               | CORP              | CA        |    -15000 | NS      | $-956700.00   | -1.92%            |  |  |  | No            |                  1 | On Loan: No      |
| Bbx Capital Inc                                | BBX Capital, Inc.                                       | CUSIP: 073319105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32801 | NS      | $123003.75    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Siteone Landscape Supply Inc                   | SiteOne Landscape Supply, Inc.                          | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Short            | EC               | CORP              | US        |     -3500 | NS      | $-401835.00   | -0.81%            |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa, Inc.                                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1900 | NS      | $656450.00    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc.                              | Radian Group, Inc.                                      | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Short            | EC               | CORP              | US        |    -23000 | NS      | $-734620.00   | -1.47%            |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Financial, Inc.                       | Flagstar Financial Inc                                  | CUSIP: 649445400<br>LEI: 529900HVXOTLY61GL030 | Short            | EC               | CORP              | US        |    -63000 | NS      | $-737730.00   | -1.48%            |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                      | Block, Inc.                                             | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     12000 | NS      | $701640.00    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc                 | First Financial Bankshares, Inc.                        | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Short            | EC               | CORP              | US        |     -6250 | NS      | $-209437.50   | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| Hingham Institution for Savings                | Hingham Institution for Savings                         | CUSIP: 433323102<br>LEI: 2549009GDCGUR2T6KU55 | Short            | EC               | CORP              | US        |     -2354 | NS      | $-587464.24   | -1.18%            |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                 | BNP Paribas SA                                          | CUSIP: 05565A202<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     32000 | NS      | $1350400.00   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association          | Federal National Mortgage Association                   | CUSIP: 313586794<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EP               | USGSE             | US        |      5809 | NS      | $117225.62    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial Inc.                        | Genworth Financial, Inc.                                | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |    160000 | NS      | $1097600.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp.                                      | SLM Corp.                                               | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68000 | NS      | $1965880.00   | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                        | KeyCorp                                                 | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Short            | EC               | CORP              | US        |    -32000 | NS      | $-474880.00   | -0.95%            |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                          | Dell Technolodies, Inc.                                 | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      4000 | NS      | $367040.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                    | Wal-Mart Stores, Inc.                                   | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Short            | EC               | CORP              | US        |     -3000 | NS      | $-291750.00   | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |
| OP Bancorp                                     | OP Bancorp                                              | CUSIP: 67109R109<br>LEI: 549300LTYZMS0Q13U522 | Long             | EC               | CORP              | US        |     38573 | NS      | $495277.32    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| HomeStreet Inc.                                | Homestreet Inc.                                         | CUSIP: 43785V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38232 | NS      | $434315.52    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                            | UMB Financial Corp.                                     | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     16000 | NS      | $1513120.00   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings, Inc.                 | Victory Capital Holdings, Inc.                          | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |     23590 | NS      | $1351471.10   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Beyond Meat Inc                                | Beyond Meat, Inc.                                       | CUSIP: 08862E109<br>LEI: 549300XQ946NCE51DR09 | Short            | EC               | CORP              | US        |     -1600 | NS      | $-3968.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Nikola Corp.                                   | Nikola Corp.                                            | CUSIP: 654110303<br>LEI: 6354007SKFUCHYZAKQ61 | Short            | EC               | CORP              | US        |      -333 | NS      | $-41.63       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc.                     | Caesars Entertainment, Inc.                             | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |      9000 | NS      | $243540.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp.                           | Bank of Hawaii Corp.                                    | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Short            | EC               | CORP              | US        |    -10000 | NS      | $-661100.00   | -1.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Bridgewater Bancshares Inc.                    | Bridgewater Bancshares, Inc.                            | CUSIP: 108621103<br>LEI: 5493001FLSBTVILKXZ71 | Long             | EC               | CORP              | US        |     24000 | NS      | $369360.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Oatly Group AB                                 | Oatly Group AB                                          | CUSIP: 67421J207<br>LEI: 894500CEIOQNBAH10Z10 | Short            | EC               | CORP              | SE        |      -782 | NS      | $-7929.48     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Capital Bancorp Inc.                           | Capital Bancorp Inc                                     | CUSIP: 139737100<br>LEI: 549300LQKYGWQ7VP0C75 | Long             | EC               | CORP              | US        |     19915 | NS      | $629114.85    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Chain Bridge Bancorp Inc.                      | Chain Bridge Bancorp Inc                                | CUSIP: 15746L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24900 | NS      | $615528.00    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                            | Global Payments, Inc.                                   | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     10600 | NS      | $808886.00    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                          | Robinhood Markets, Inc.                                 | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     55000 | NS      | $2701050.00   | 5.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc                          | Jackson Financial Corp.                                 | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     17000 | NS      | $1324470.00   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc.                 | Dime Community Bancshares, Inc.                         | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7063 | NS      | $181448.47    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                      | First American Treasury Obligations Fund                | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1186129 | PA      | $1186128.58   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                        | Webster Financial Corp.                                 | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     15000 | NS      | $709500.00    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.                 | Hewlett Packard Enterprise Co.                          | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     30000 | NS      | $486600.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Unity Bancorp Inc                              | UNITY BANCORP INC.                                      | CUSIP: 913290102<br>LEI: 549300Q90ZRNUR65PL93 | Long             | EC               | CORP              | US        |      5051 | NS      | $209111.40    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                   | UBS Group AG                                            | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |     46000 | NS      | $1390580.00   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services Inc.         | First Business Financial Services, Inc.                 | CUSIP: 319390100<br>LEI: 549300BXKLW2T50TKU95 | Long             | EC               | CORP              | US        |      7500 | NS      | $361050.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Price T Rowe Group Inc.                        | T. ROWE PRICE GROP INC. SHORT POSITION                  | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Short            | EC               | CORP              | US        |     -3500 | NS      | $-309925.00   | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Steel Corporation                | United States Steel Corp.                               | CUSIP: 912909108<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | EC               | CORP              | US        |      3750 | NS      | $163912.50    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TriplePoint Venture Growth BDC Corp            | TriplePoint Venture Growth BDC Corp.                    | CUSIP: 89677Y100<br>LEI: 549300ATPBY6JIFH9Z88 | Short            | EC               | RF                | US        |     -8500 | NS      | $-51595.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares Inc.                 | Business First Bancshares, Inc.                         | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |      2265 | NS      | $52208.25     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Connectone Bancorp Inc.                        | ConnectOne Bancorp, Inc.                                | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     42690 | NS      | $961805.70    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Direxion Shares ETF Trust                      | Direxion Daily Financial Bear 3X Shares                 | CUSIP: 25460E240<br>LEI: 549300M501IVJM50FG12 | Short            | EC               | RF                | US        |    -11700 | NS      | $-64350.00    | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Park National Corp                             | Park National Corp.                                     | CUSIP: 700658107<br>LEI: 5493001T01TDELV5OO63 | Short            | EC               | CORP              | US        |     -1700 | NS      | $-255170.00   | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                   | Barclays PLC                                            | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |    108000 | NS      | $1734480.00   | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc.                        | Cousins Properties, Inc.                                | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Short            | EC               | CORP              | US        |    -16000 | NS      | $-440640.00   | -0.88%            |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc                              | The Carlyle Group, Inc.                                 | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     20000 | NS      | $772800.00    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                                    | Viatris, Inc.                                           | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |     58000 | NS      | $488360.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingstone Companies Inc                        | Kingstone Companies, Inc.                               | CUSIP: 496719105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22629 | NS      | $384693.00    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings Inc                           | Upstart Holdings, Inc.                                  | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Short            | EC               | CORP              | US        |      -800 | NS      | $-38240.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                    | OFG Bancorp                                             | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |     19991 | NS      | $786645.85    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                           | PayPal Holdings, Inc.                                   | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     15500 | NS      | $1020520.00   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Opendoor Technologies Inc.                     | Opendoor Technologies, Inc.                             | CUSIP: 683712103<br>LEI: 254900KX11YZ4HV5BQ47 | Short            | EC               | CORP              | US        |    -50800 | NS      | $-38521.64    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Chimera Investment Corporation                 | Chimera Investment Corp., Series B                      | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     14391 | NS      | $354162.51    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp.                                      | SLM Corp.                                               | CUSIP: 78442P502<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      8276 | NS      | $616148.20    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy, Inc.                           | SunCoke Energy, Inc.                                    | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |     64000 | NS      | $579840.00    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                        | WEX, Inc.                                               | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      2801 | NS      | $365166.37    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.              | American International Group, Inc.                      | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-978240.00   | -1.96%            |  |  |  | No            |                  1 | On Loan: No      |
| AG Mortgage Investment Trust Inc.              | AG Mortgage Investment Trust, Inc. Series C, 8.00%      | CUSIP: 001228402<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |     36000 | NS      | $895467.60    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings Inc                               | NMI Holdings, Inc.                                      | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Short            | EC               | CORP              | US        |    -20100 | NS      | $-727017.00   | -1.46%            |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens Bancshares Inc (North Carolina) | First Citizens BancShares, Inc.                         | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       900 | NS      | $1601226.00   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** Caldwell & Orkin Funds, Inc.

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller