# EDGAR Filing Document

**Accession Number:** 0001811114
**File Stem:** 0001145549-25-055684
**Filing Date:** 2025-8
**Character Count:** 41240
**Document Hash:** d5351448004893d67918a2be0d2c348b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-055684.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001145549-25-055684

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BBR ALO Fund, LLC
- **CENTRAL INDEX KEY:** 0001811114

**ORGANIZATION NAME:**
- **EIN:** 844531109
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23567
- **FILM NUMBER:** 251270343

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BBR PARTNERS, LLC
- **STREET 2:** 55 EAST 52ND STREET, 18TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10055
- **BUSINESS PHONE:** (212) 313-9870

**MAIL ADDRESS:**
- **STREET 1:** C/O BBR PARTNERS, LLC
- **STREET 2:** 55 EAST 52ND STREET, 18TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10055

## Nport-Ex

**BBR ALO Fund, LLC**

**SCHEDULE OF INVESTMENTS**

**As of June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Number<br> of Shares** |  | **Value** |
|  | **COMMON STOCKS — 78.3%** |  |
|  | **COMMUNICATIONS — 2.9%** |  |
| 3284 | Booking Holdings, Inc.\* | $19011864 |
| 176222 | Fox Corp. | 9875481 |
| 10121 | Spotify Technology S.A.\* | 7766248 |
| 1266961 | Warner Bros Discovery, Inc.\* | 14519373 |
|  |  | **51172966** |
|  | **CONSUMER DISCRETIONARY — 8.4%** |  |
| 114493 | Adidas AG - ADR | 13301969 |
| 178139 | Buckle, Inc. | 8078604 |
| 894918 | Copart, Inc.\* | 43913626 |
| 29317 | Dillard's, Inc. | 12249522 |
| 89727 | Magna International, Inc. | 3464359 |
| 8518 | MercadoLibre, Inc.\* | 22262900 |
| 4975 | NVR, Inc.\* | 36743659 |
| 174286 | ON Holding AG - Class A\* | 9071586 |
|  |  | **149086225** |
|  | **ENERGY — 2.6%** |  |
| 174656 | HF Sinclair Corp. | 7174868 |
| 135941 | Landbridge Company LLC | 9186893 |
| 73645 | Marathon Petroleum Corp. | 12233171 |
| 6963 | Texas Pacific Land Corp. | 7355644 |
| 81931 | Valero Energy Corp. | 11013165 |
|  |  | **46963741** |
|  | **FINANCIALS — 11.6%** |  |
| 808585 | Adyen NV - ADR\* | 14791607 |
| 71466 | Aon PLC<sup>1</sup> | 25496210 |
| 139124 | Arch Capital Group, Ltd.\* | 12667240 |
| 49089 | Brown & Brown, Inc. | 5442498 |
| 233591 | HDFC Bank Ltd. - ADR | 17909422 |
| 40816 | Hingham Institution for Savings | 10136654 |
| 207313 | ICICI Bank, Ltd. - ADR | 6974009 |
| 37746 | Kinsale Capital Group, Inc. | 18265289 |
| 688086 | NU Holdings, Ltd.\* | 9440540 |
| 105451 | Primerica, Inc. | 28858775 |
| 335500 | RLI Corp. | 24229810 |
| 47230 | Willis Towers Watson PLC | 14475995 |
| 232506 | WR Berkley Corp. | 17082216 |
|  |  | **205770265** |
|  | **HEALTH CARE — 5.8%** |  |
| 16184 | Elevance Health, Inc. | 6294929 |

---

**BBR ALO Fund, LLC**

**SCHEDULE OF INVESTMENTS - Continued**

**As of June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Number<br> of Shares** |  | **Value** |
|  | **COMMON STOCKS (Continued)** |  |
|  | **HEALTH CARE (Continued)** |  |
| 40172 | Humana, Inc. | $9821250 |
| 73713 | ICON PLC<sup>1,\*</sup> | 10721556 |
| 52628 | IDEXX Laboratories, Inc\* | 28226501 |
| 57342 | Lonza Group AG - ADR | 4070129 |
| 80845 | Medtronic PLC<sup>1</sup> | 7047259 |
| 31816 | Molina Healthcare, Inc.\* | 9477986 |
| 140384 | Novo-Nordisk A/S - SP ADR | 9689304 |
| 267808 | Siemens Healthineers AG - ADR | 7397018 |
| 39159 | United Therapeutics Corp.\* | 11252339 |
|  |  | **103998271** |
|  | **INDUSTRIALS — 20.1%** |  |
| 162500 | Ametek, Inc. | 29406000 |
| 388663 | Amphenol Corp., Class A | 38380471 |
| 265258 | Canadian Pacific Kansas City | 21027002 |
| 425082 | Fastenal Company | 17853444 |
| 191559 | Gentex Corp. | 4212382 |
| 392810 | Graco, Inc. | 33769876 |
| 293149 | HEICO Corp., Class A | 75852314 |
| 56305 | IDEX Corp. | 9885469 |
| 162475 | Landstar System, Inc. | 22587274 |
| 216092 | Old Dominion Freight Line, Inc. | 35071732 |
| 91000 | RBC Bearings, Inc.\* | 35016800 |
| 248132 | Schneider Electric SE - ADR | 13153701 |
| 235270 | Scorpio Tankers, Inc. | 9206115 |
| 206976 | Teekay Tankers, Ltd. | 8635039 |
| 82738 | WillScot Holdings Corp.\* | 2267021 |
|  |  | **356324640** |
|  | **MATERIALS — 4.1%** |  |
| 136321 | CF Industries Holdings, Inc. | 12541532 |
| 123546 | Core Natural Resources, Inc. | 8616098 |
| 50994 | Linde PLC<sup>1</sup> | 23925365 |
| 149920 | LyondellBasell Industries - Class A | 8674371 |
| 67177 | Simpson Manufacturing Co, Inc. | 10433260 |
| 207376 | Warrior Met Coal, Inc. | 9504042 |
|  |  | **73694668** |
|  | **TECHNOLOGY — 22.8%** |  |
| 67432 | Amadeus IT Group, S.A. - ADR | 5657990 |
| 57361 | Applied Materials, Inc. | 10501078 |
| 19195 | ASML Holding NV<sup>1</sup> | 15382681 |
| 146302 | Cisco Systems, Inc. | 10150433 |

---

**BBR ALO Fund, LLC**

**SCHEDULE OF INVESTMENTS - Continued**

**As of June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Number<br> of Shares** |  | **Value** |
|  | **COMMON STOCKS (Continued)** |  |
|  | **TECHNOLOGY (Continued)** |  |
| 203616 | CoStar Group, Inc.\* | $16370726 |
| 238938 | Dassault Systemes SE - SP ADR | 8619043 |
| 57722 | Descartes Systems Group, Inc.\* | 5867153 |
| 73357 | Experian PLC - ADR | 3771694 |
| 1328 | Fair ISAAC Corp.\* | 2427531 |
| 94077 | Globant SA<sup>1,\*</sup> | 8545955 |
| 342158 | HP, Inc. | 8369185 |
| 352747 | Intel Corp. | 7901533 |
| 58513 | Interdigital, Inc. | 13120370 |
| 15692 | KLA Corp. | 14055952 |
| 124703 | Kulicke & Soffa Industries | 4314724 |
| 134093 | Lam Research Corp. | 13052613 |
| 122318 | Micron Technology, Inc. | 15075693 |
| 33699 | Monday.com, Ltd.\* | 10597661 |
| 37416 | Moody's Corp. | 18767491 |
| 50972 | MSCI, Inc. | 29397591 |
| 411025 | Sage Group PLC - ADR | 28173709 |
| 94462 | SAP SE - SP ADR | 28725894 |
| 130915 | Shopify, Inc. - Class A\* | 15101045 |
| 65199 | Teledyne Technologies, Inc.\* | 33402100 |
| 207226 | Teleperformance - ADR | 10012228 |
| 96921 | Tokyo Electron, Ltd. - ADR | 9286486 |
| 34574 | Tyler Technologies, Inc.\* | 20496850 |
| 128822 | Veeva Systems, Inc. - Class A\* | 37098160 |
|  |  | **404243569** |
|  | **TOTAL COMMON STOCKS** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,024,515,742) | **1391254345** |
|  | **EXCHANGE-TRADED FUNDS — 2.2%** |  |
| 924000 | AB International Low Volatility Equity ETF | 38466120 |
|  | **TOTAL EXCHANGE TRADED FUNDS** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $37,135,986) | **38466120** |
|  | **INVESTMENT FUNDS — 15.5%** |  |
|  | HWC Long Onshore Fund, LP<sup>2</sup>\* | 276297436 |
|  | **TOTAL INVESTMENT FUNDS** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $222,000,000) | **276297436** |
|  | **TOTAL INVESTMENTS — 96.0%** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,283,651,728) | **1706017901** |
|  | Other Assets in Excess of Liabilities — 4.0% | 70392359 |
|  | **TOTAL NET ASSETS — 100.0%** | $**1776410260** |

---

**BBR ALO Fund, LLC**

**SCHEDULE OF INVESTMENTS - Continued**

**As of June 30, 2025 (Unaudited)**

---

| | |
|:---|:---|
| ADR | – American Depository Receipt |
| LLC | – Limited Liability Company |
| PLC | – Public Limited Company |
| SP ADR | – Sponsored American Depository Receipt |
| SE | – Sponsored American Depository Receipt |
| SA | – Unsponsored American Depository Receipt |
| ETF | – Exchange-Traded Fund |
| LP | – Limited Partnership |

---

---

| | |
|:---|:---|
| 1 | Foreign security denominated in U.S. Dollars. |
| 2 | Partnership is not designated in units. The Fund owns approximately 31.11% of HWC Long Master Fund, LP through its investment in HWC Long Onshore Fund, LP, which invests substantially all of its assets in HWC Long Master Fund, LP., and has contractually waived its right to vote its interests. |
| \* | Non-income producing security.  |

---

Additional information on Investment Funds is as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Security** | **Redemption Permitted** | **Acquisition Date** | **Investment Strategy** | **Redemption Notice Period** |
| HWC Long Onshore Fund, LP. | Quarterly | 5/1/2024 | Long-Only Equities<sup>a</sup> | 45 Days |

---

<sup>a</sup> This investment category includes investment funds that make long-only investments in equity securities that are deemed by investment managers to be undervalued and to present certain sustainable advantages.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BBR ALO Fund, LLC.

- **b. Investment Company Act file number:** 811-23567

- **c. CIK number of Registrant:** 0001811114

- **d. LEI of Registrant:** 54930034JXXTXNW5VS45

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

  - **Street Address 1:** 55 East 52nd Street,

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10055

  - **Telephone number:** 2123139870

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

- **a. Name of Series:** BBR ALO Fund, LLC.

- **c. LEI of Series:** 54930034JXXTXNW5VS45

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $1830170446.10

**Total Liabilities:** $53760185.61

**Net Assets:** $1776410260.49

**Cash Not Reported:** $123191116.79

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -1.22%               | 5.10%                | 2.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6108139.92              | $-25520704.78                              |
| Month 2  | $-13842684.15            | $97177740.27                               |
| Month 3  | $8163011.10              | $40330776.28                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Novo Nordisk A/S                              | Novo Nordisk A/S                              | CUSIP: 670100205<br>LEI: N/A | Long             | EC               | CORP              | DK        |    140384 | NS      | $9689303.68   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| NU HOLDINGS LTD/CAYMAN ISL-A                  | NU HOLDINGS LTD/CAYMAN ISL-A                  | CUSIP: G6683N103<br>LEI: N/A | Long             | EC               | CORP              | BR        |    688086 | NS      | $9440539.92   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Micron Technology Inc                         | Micron Technology Inc                         | CUSIP: 595112103<br>LEI: N/A | Long             | EC               | CORP              | US        |    122318 | NS      | $15075693.50  | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| MSCI INC COM                                  | MSCI INC COM                                  | CUSIP: 55354G100<br>LEI: N/A | Long             | EC               | CORP              | US        |     50972 | NS      | $29397591.28  | 1.65%             |  |  |  | No            | 1                  | On Loan: No      |
| MARATHON PETROLEUM CORP                       | MARATHON PETROLEUM CORP                       | CUSIP: 56585A102<br>LEI: N/A | Long             | EC               | CORP              | US        |     73645 | NS      | $12233170.95  | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Molina Healthcare Inc                         | Molina Healthcare Inc                         | CUSIP: 60855R100<br>LEI: N/A | Long             | EC               | CORP              | US        |     31816 | NS      | $9477986.40   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| MONDAY.COM LTD                                | MONDAY.COM LTD                                | CUSIP: M7S64H106<br>LEI: N/A | Long             | EC               | CORP              | IL        |     33699 | NS      | $10597661.52  | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| MAGNA INTL INC COM                            | MAGNA INTL INC COM                            | CUSIP: 559222401<br>LEI: N/A | Long             | EC               | CORP              | CA        |     89727 | NS      | $3464359.47   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| MercadoLibre Inc                              | MercadoLibre Inc                              | CUSIP: 58733R102<br>LEI: N/A | Long             | EC               | CORP              | US        |      8518 | NS      | $22262900.34  | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| MEDTRONIC PLC SHS                             | MEDTRONIC PLC SHS                             | CUSIP: G5960L103<br>LEI: N/A | Long             | EC               | CORP              | IE        |     80845 | NS      | $7047258.65   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| MOODYS CORP COM                               | MOODYS CORP COM                               | CUSIP: 615369105<br>LEI: N/A | Long             | EC               | CORP              | US        |     37416 | NS      | $18767491.44  | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| LONZA GROUP AG ADR                            | LONZA GROUP AG ADR                            | CUSIP: 54338V101<br>LEI: N/A | Long             | EC               | CORP              | CH        |     57342 | NS      | $4070129.43   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| LYONDELLBASELL INDU-CL A                      | LYONDELLBASELL INDU-CL A                      | CUSIP: N53745100<br>LEI: N/A | Long             | EC               | CORP              | NL        |    149920 | NS      | $8674371.20   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Landstar System Inc                           | Landstar System Inc                           | CUSIP: 515098101<br>LEI: N/A | Long             | EC               | CORP              | US        |    162475 | NS      | $22587274.50  | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Lam Research Corp                             | Lam Research Corp                             | CUSIP: 512807108<br>LEI: N/A | Long             | EC               | CORP              | US        |    134093 | NS      | $13052612.62  | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| LINDE PLC                                     | LINDE PLC                                     | CUSIP: G54950103<br>LEI: N/A | Long             | EC               | CORP              | IE        |     50994 | NS      | $23925364.92  | 1.35%             |  |  |  | No            | 1                  | On Loan: No      |
| LANDBRIDGE CO LLC-A                           | LANDBRIDGE CO LLC-A                           | CUSIP: 514952100<br>LEI: N/A | Long             | EC               | CORP              | US        |    135941 | NS      | $9186892.78   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| KINSALE CAPITAL GROUP INC                     | KINSALE CAPITAL GROUP INC                     | CUSIP: 49714P108<br>LEI: N/A | Long             | EC               | CORP              | US        |     37746 | NS      | $18265289.40  | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Kulicke & Soffa Industries Inc                | Kulicke & Soffa Industries Inc                | CUSIP: 501242101<br>LEI: N/A | Long             | EC               | CORP              | US        |    124703 | NS      | $4314723.80   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| IDEXX Laboratories Inc                        | IDEXX Laboratories Inc                        | CUSIP: 45168D104<br>LEI: N/A | Long             | EC               | CORP              | US        |     52628 | NS      | $28226501.52  | 1.59%             |  |  |  | No            | 1                  | On Loan: No      |
| INTERDIGITAL INC COM                          | INTERDIGITAL INC COM                          | CUSIP: 45867G101<br>LEI: N/A | Long             | EC               | CORP              | US        |     58513 | NS      | $13120369.99  | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| ICON PLC SHS                                  | ICON PLC SHS                                  | CUSIP: G4705A100<br>LEI: N/A | Long             | EC               | CORP              | IE        |     73713 | NS      | $10721555.85  | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| ICICI Bank Ltd                                | ICICI Bank Ltd                                | CUSIP: 45104G104<br>LEI: N/A | Long             | EC               | CORP              | IN        |    207313 | NS      | $6974009.32   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| HWC Long Onshore Fund, LP                     | HWC Long Onshore Fund, LP                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        | 276297436 | OU      | $276297435.51 | 15.55%            |  |  |  | Yes           | N/A                | On Loan: No      |
| HUMANA INC COM                                | HUMANA INC COM                                | CUSIP: 444859102<br>LEI: N/A | Long             | EC               | CORP              | US        |     40172 | NS      | $9821250.56   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| HP INC COM                                    | HP INC COM                                    | CUSIP: 40434L105<br>LEI: N/A | Long             | EC               | CORP              | US        |    342158 | NS      | $8369184.68   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| HINGHAM INSTN SVGS MASS COM                   | HINGHAM INSTN SVGS MASS COM                   | CUSIP: 433323102<br>LEI: N/A | Long             | EC               | CORP              | US        |     40816 | NS      | $10136653.60  | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| HEICO CORP NEW CL A                           | HEICO CORP NEW CL A                           | CUSIP: 422806208<br>LEI: N/A | Long             | EC               | CORP              | US        |    149671 | NS      | $38727381.71  | 2.18%             |  |  |  | No            | 1                  | On Loan: No      |
| HEICO CORP NEW CL A                           | HEICO CORP NEW CL A                           | CUSIP: 422806208<br>LEI: N/A | Long             | EC               | CORP              | US        |    143478 | NS      | $37124932.50  | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| HDFC BANK LTD-ADR                             | HDFC BANK LTD-ADR                             | CUSIP: 40415F101<br>LEI: N/A | Long             | EC               | CORP              | IN        |    233591 | NS      | $17909421.97  | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| WARRIOR MET COAL INC                          | WARRIOR MET COAL INC                          | CUSIP: 93627C101<br>LEI: N/A | Long             | EC               | CORP              | US        |    207376 | NS      | $9504042.08   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| GENTEX CORP COM                               | GENTEX CORP COM                               | CUSIP: 371901109<br>LEI: N/A | Long             | EC               | CORP              | US        |    191559 | NS      | $4212382.41   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| GLOBANT S A COM                               | GLOBANT S A COM                               | CUSIP: L44385109<br>LEI: N/A | Long             | EC               | CORP              | LU        |     94077 | NS      | $8545954.68   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Graco Inc                                     | Graco Inc                                     | CUSIP: 384109104<br>LEI: N/A | Long             | EC               | CORP              | US        |    258288 | NS      | $22205019.36  | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Graco Inc                                     | Graco Inc                                     | CUSIP: 384109104<br>LEI: N/A | Long             | EC               | CORP              | US        |    134522 | NS      | $11564856.34  | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| FOX CORP - CLASS A                            | FOX CORP - CLASS A                            | CUSIP: 35137L105<br>LEI: N/A | Long             | EC               | CORP              | US        |    176222 | NS      | $9875480.88   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Fair Isaac Corp                               | Fair Isaac Corp                               | CUSIP: 303250104<br>LEI: N/A | Long             | EC               | CORP              | US        |      1328 | NS      | $2427530.88   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Fastenal Co                                   | Fastenal Co                                   | CUSIP: 311900104<br>LEI: N/A | Long             | EC               | CORP              | US        |    425082 | NS      | $17853444.00  | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| DILLARDS INC CL A                             | DILLARDS INC CL A                             | CUSIP: 254067101<br>LEI: N/A | Long             | EC               | CORP              | US        |     29317 | NS      | $12249522.11  | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| DASSAULT SYSTEMES S-SPON ADR                  | DASSAULT SYSTEMES S-SPON ADR                  | CUSIP: 237545108<br>LEI: N/A | Long             | EC               | CORP              | FR        |    238938 | NS      | $8619043.21   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| CoStar Group Inc                              | CoStar Group Inc                              | CUSIP: 22160N109<br>LEI: N/A | Long             | EC               | CORP              | US        |    203616 | NS      | $16370726.40  | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Cisco Systems Inc                             | Cisco Systems Inc                             | CUSIP: 17275R102<br>LEI: N/A | Long             | EC               | CORP              | US        |    146302 | NS      | $10150432.76  | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Copart Inc                                    | Copart Inc                                    | CUSIP: 217204106<br>LEI: N/A | Long             | EC               | CORP              | US        |    265000 | NS      | $13003550.00  | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Copart Inc                                    | Copart Inc                                    | CUSIP: 217204106<br>LEI: N/A | Long             | EC               | CORP              | US        |    629918 | NS      | $30910076.26  | 1.74%             |  |  |  | No            | 1                  | On Loan: No      |
| CANADIAN PAC RY LTD COM                       | CANADIAN PAC RY LTD COM                       | CUSIP: 13646K108<br>LEI: N/A | Long             | EC               | CORP              | CA        |    265258 | NS      | $21027001.66  | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| CORE NATURAL RESOURCES INC                    | CORE NATURAL RESOURCES INC                    | CUSIP: 218937100<br>LEI: N/A | Long             | EC               | CORP              | US        |    123546 | NS      | $8616098.04   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| CF Industries Holdings Inc                    | CF Industries Holdings Inc                    | CUSIP: 125269100<br>LEI: N/A | Long             | EC               | CORP              | US        |    136321 | NS      | $12541532.00  | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| BROWN & BROWN INC COM                         | BROWN & BROWN INC COM                         | CUSIP: 115236101<br>LEI: N/A | Long             | EC               | CORP              | US        |     49089 | NS      | $5442497.43   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| BOOKING HOLDINGS INC                          | BOOKING HOLDINGS INC                          | CUSIP: 09857L108<br>LEI: N/A | Long             | EC               | CORP              | US        |      3284 | NS      | $19011864.16  | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| BUCKLE INC COM                                | BUCKLE INC COM                                | CUSIP: 118440106<br>LEI: N/A | Long             | EC               | CORP              | US        |    178139 | NS      | $8078603.65   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| ASML HOLDING N V N Y REGISTRY SHS             | ASML HOLDING N V N Y REGISTRY SHS             | CUSIP: N07059210<br>LEI: N/A | Long             | EC               | CORP              | NL        |     19195 | NS      | $15382681.05  | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Amphenol Corp                                 | Amphenol Corp                                 | CUSIP: 032095101<br>LEI: N/A | Long             | EC               | CORP              | US        |    388663 | NS      | $38380471.25  | 2.16%             |  |  |  | No            | 1                  | On Loan: No      |
| AON PLC                                       | AON PLC                                       | CUSIP: G0403H108<br>LEI: N/A | Long             | EC               | CORP              | IE        |     71466 | NS      | $25496210.16  | 1.44%             |  |  |  | No            | 1                  | On Loan: No      |
| AMETEK Inc                                    | AMETEK Inc                                    | CUSIP: 031100100<br>LEI: N/A | Long             | EC               | CORP              | US        |    162500 | NS      | $29406000.00  | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Applied Materials Inc                         | Applied Materials Inc                         | CUSIP: 038222105<br>LEI: N/A | Long             | EC               | CORP              | US        |     57361 | NS      | $10501078.27  | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| AMADEUS IT HLDG S A ADS                       | AMADEUS IT HLDG S A ADS                       | CUSIP: 02263T104<br>LEI: N/A | Long             | EC               | CORP              | ES        |     67432 | NS      | $5657989.89   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| ADYEN NV-UNSPON ADR                           | ADYEN NV-UNSPON ADR                           | CUSIP: 00783V104<br>LEI: N/A | Long             | EC               | CORP              | NL        |    808585 | NS      | $14791607.12  | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| ADIDAS AG ADR                                 | ADIDAS AG ADR                                 | CUSIP: 00687A107<br>LEI: N/A | Long             | EC               | CORP              | DE        |    114493 | NS      | $13301968.55  | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| ARCH CAP GROUP LTD ORD                        | ARCH CAP GROUP LTD ORD                        | CUSIP: G0450A105<br>LEI: N/A | Long             | EC               | CORP              | US        |    139124 | NS      | $12667240.20  | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| WILLIS TOWERS WATSON PLC                      | WILLIS TOWERS WATSON PLC                      | CUSIP: G96629103<br>LEI: N/A | Long             | EC               | CORP              | GB        |     47230 | NS      | $14475995.00  | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| WILLSCOT CORP                                 | WILLSCOT CORP                                 | CUSIP: 971378104<br>LEI: N/A | Long             | EC               | CORP              | US        |     82738 | NS      | $2267021.20   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| WR Berkley Corp                               | WR Berkley Corp                               | CUSIP: 084423102<br>LEI: N/A | Long             | EC               | CORP              | US        |    232506 | NS      | $17082215.82  | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| WARNER BROS DISCOVERY INC                     | WARNER BROS DISCOVERY INC                     | CUSIP: 934423104<br>LEI: N/A | Long             | EC               | CORP              | US        |   1266961 | NS      | $14519373.06  | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Primerica Inc                                 | Primerica Inc                                 | CUSIP: 74164M108<br>LEI: N/A | Long             | EC               | CORP              | US        |    105451 | NS      | $28858775.17  | 1.62%             |  |  |  | No            | 1                  | On Loan: No      |
| ON HOLDING AG-CLASS A                         | ON HOLDING AG-CLASS A                         | CUSIP: H5919C104<br>LEI: N/A | Long             | EC               | CORP              | CH        |    174286 | NS      | $9071586.30   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| OLD DOMINION FGHT LINES INC COM               | OLD DOMINION FGHT LINES INC COM               | CUSIP: 679580100<br>LEI: N/A | Long             | EC               | CORP              | US        |    216092 | NS      | $35071731.60  | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| NVR INC COM                                   | NVR INC COM                                   | CUSIP: 62944T105<br>LEI: N/A | Long             | EC               | CORP              | US        |      4975 | NS      | $36743658.50  | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| KLA-Tencor Corp                               | KLA-Tencor Corp                               | CUSIP: 482480100<br>LEI: N/A | Long             | EC               | CORP              | US        |     15692 | NS      | $14055952.08  | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| INTEL CORP                                    | INTEL CORP                                    | CUSIP: 458140100<br>LEI: N/A | Long             | EC               | CORP              | US        |    352747 | NS      | $7901532.80   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| AB INTERNATIONAL LOW VOLATILITY EQUITY (ILOW) | AB INTERNATIONAL LOW VOLATILITY EQUITY (ILOW) | CUSIP: 00039J822<br>LEI: N/A | Long             |  | PF                | US        |    924000 | OU      | $38466120.00  | 2.17%             |  |  |  | Yes           | 1                  | On Loan: No      |
| IDEX CORP                                     | IDEX CORP                                     | CUSIP: 45167R104<br>LEI: N/A | Long             | EC               | CORP              | US        |     56305 | NS      | $9885468.85   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| VALERO ENERGY CORP                            | VALERO ENERGY CORP                            | CUSIP: 91913Y100<br>LEI: N/A | Long             | EC               | CORP              | US        |     81931 | NS      | $11013165.02  | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| VEEVA SYS INC CL A COM                        | VEEVA SYS INC CL A COM                        | CUSIP: 922475108<br>LEI: N/A | Long             | EC               | CORP              | US        |    128822 | NS      | $37098159.56  | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| UNITED THERAPEUTICS CORP DEL COM              | UNITED THERAPEUTICS CORP DEL COM              | CUSIP: 91307C102<br>LEI: N/A | Long             | EC               | CORP              | US        |     39159 | NS      | $11252338.65  | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Tyler Technologies Inc                        | Tyler Technologies Inc                        | CUSIP: 902252105<br>LEI: N/A | Long             | EC               | CORP              | US        |     34574 | NS      | $20496850.16  | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| TEXAS PACIFIC LAND CORP                       | TEXAS PACIFIC LAND CORP                       | CUSIP: 88262P102<br>LEI: N/A | Long             | EC               | CORP              | US        |      6963 | NS      | $7355643.57   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| TOKYO ELECTRON LTD ADR                        | TOKYO ELECTRON LTD ADR                        | CUSIP: 889110102<br>LEI: N/A | Long             | EC               | CORP              | JP        |     96921 | NS      | $9286485.62   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| TEEKAY TANKERS LTD CL A                       | TEEKAY TANKERS LTD CL A                       | CUSIP: G8726X106<br>LEI: N/A | Long             | EC               | CORP              | BM        |    206976 | NS      | $8635038.72   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| TELEPERFORMANCE-UNSPON ADR                    | TELEPERFORMANCE-UNSPON ADR                    | CUSIP: 87946F100<br>LEI: N/A | Long             | EC               | CORP              | FR        |    207226 | NS      | $10012227.80  | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| TELEDYNE TECHNOLOGIES INC                     | TELEDYNE TECHNOLOGIES INC                     | CUSIP: 879360105<br>LEI: N/A | Long             | EC               | CORP              | US        |     65199 | NS      | $33402099.69  | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| SCORPIO TANKERS INC SHS                       | SCORPIO TANKERS INC SHS                       | CUSIP: Y7542C130<br>LEI: N/A | Long             | EC               | CORP              | MH        |    235270 | NS      | $9206115.10   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| SIMPSON MANUFACTURING CO INC COM              | SIMPSON MANUFACTURING CO INC COM              | CUSIP: 829073105<br>LEI: N/A | Long             | EC               | CORP              | US        |     67177 | NS      | $10433259.87  | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| SPOTIFY TECHNOLOGY SA                         | SPOTIFY TECHNOLOGY SA                         | CUSIP: L8681T102<br>LEI: N/A | Long             | EC               | CORP              | SE        |     10121 | NS      | $7766248.14   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| SIEMENS HEALTHINEE-UNSP ADR                   | SIEMENS HEALTHINEE-UNSP ADR                   | CUSIP: 82622J104<br>LEI: N/A | Long             | EC               | CORP              | DE        |    267808 | NS      | $7397017.62   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| SHOPIFY INC CL A                              | SHOPIFY INC CL A                              | CUSIP: 82509L107<br>LEI: N/A | Long             | EC               | CORP              | CA        |    130915 | NS      | $15101045.25  | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| SAGE GROUP PLC-UNSPON ADR                     | SAGE GROUP PLC-UNSPON ADR                     | CUSIP: 78663S201<br>LEI: N/A | Long             | EC               | CORP              | GB        |    411025 | NS      | $28173708.85  | 1.59%             |  |  |  | No            | 1                  | On Loan: No      |
| SCHNEIDER ELECT SE-UNSP ADR                   | SCHNEIDER ELECT SE-UNSP ADR                   | CUSIP: 80687P106<br>LEI: N/A | Long             | EC               | CORP              | FR        |    248132 | NS      | $13153700.64  | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| SAP SE-SPONSORED ADR                          | SAP SE-SPONSORED ADR                          | CUSIP: 803054204<br>LEI: N/A | Long             | EC               | CORP              | DE        |     94462 | NS      | $28725894.20  | 1.62%             |  |  |  | No            | 1                  | On Loan: No      |
| RLI CORP COM                                  | RLI CORP COM                                  | CUSIP: 749607107<br>LEI: N/A | Long             | EC               | CORP              | US        |    335500 | NS      | $24229810.00  | 1.36%             |  |  |  | No            | 1                  | On Loan: No      |
| RBC BEARINGS INC                              | RBC BEARINGS INC                              | CUSIP: 75524B104<br>LEI: N/A | Long             | EC               | CORP              | US        |     91000 | NS      | $35016800.00  | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| EXPERIAN PLC-SPONS ADR                        | EXPERIAN PLC-SPONS ADR                        | CUSIP: 30215C101<br>LEI: N/A | Long             | EC               | CORP              | JE        |     73357 | NS      | $3771694.19   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| ELEVANCE HEALTH INC                           | ELEVANCE HEALTH INC                           | CUSIP: 036752103<br>LEI: N/A | Long             | EC               | CORP              | US        |     16184 | NS      | $6294928.64   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| DESCARTES SYSTEMS GRP/THE                     | DESCARTES SYSTEMS GRP/THE                     | CUSIP: 249906108<br>LEI: N/A | Long             | EC               | CORP              | CA        |     57722 | NS      | $5867152.69   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| HF SINCLAIR CORP                              | HF SINCLAIR CORP                              | CUSIP: 403949100<br>LEI: N/A | Long             | EC               | CORP              | US        |    174656 | NS      | $7174868.48   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-07-25

**Name of Applicant:** BBR ALO Fund, LLC.

**Signature:** /s/ Barry M. Klayman

**Name of Signer:** Barry M. Klayman

**Title:** Principal Executive Officer