# EDGAR Filing Document

**Accession Number:** 0000831114
**File Stem:** 0000894189-26-002369
**Filing Date:** 2026-1
**Character Count:** 16728
**Document Hash:** 1f3fed1ad5949251432e136702eb352e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-002369.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000894189-26-002369

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260831

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05518
- **FILM NUMBER:** 26570128

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

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

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

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

## Series and Classes Contracts Data

### SGI Enhanced Nasdaq-100 ETF (Series ID: S000085263)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000250233 | SGI Enhanced Nasdaq-100 ETF | QXQ             |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **U.S. TREASURY BILLS - 37.7%** | **Par** | **Value**  |
| 3.79%, 03/10/2026 <sup>(a)</sup> | 20000000 | $19796929 |
| **TOTAL U.S. TREASURY BILLS** (Cost $19,793,784) | **TOTAL U.S. TREASURY BILLS** (Cost $19,793,784) | 19796929 |
| **MONEY MARKET FUNDS - 1.0%** | **Shares** | **Value**  |
| First American Government Obligations Fund - Class X, 3.92% <sup>(b)</sup> | 500064 | 500064 |
| **TOTAL MONEY MARKET FUNDS** (Cost $500,064) | **TOTAL MONEY MARKET FUNDS** (Cost $500,064) | 500064 |
| **TOTAL INVESTMENTS - 38.7% (**Cost $20,293,848**)** | **TOTAL INVESTMENTS - 38.7% (**Cost $20,293,848**)** | 20296993 |
| Other Assets in Excess of Liabilities - 61.3% | Other Assets in Excess of Liabilities - 61.3% | 32209822 |
| **TOTAL NET ASSETS - 100.0%** |  | $52506815 |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

(a) The rate shown is the annualized yield as of November 30, 2025.

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

---

| | | | |
|:---|:---|:---|:---|
| **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** |
| **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **WRITTEN OPTIONS - (0.0)%** | **Notional Amount** | **Contracts** | **Value** |
| **Put Options - (0.0)% <sup>(a)</sup>** | **Put Options - (0.0)% <sup>(a)</sup>** | **Put Options - (0.0)% <sup>(a)</sup>** | **Put Options - (0.0)% <sup>(a)</sup>** |
| S&P 500 Index <sup>(b)(c)</sup> |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 12/01/2025; Exercise Price: $6,500.00 | $(87668352) | (128) | $(1920) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 12/01/2025; Exercise Price: $6,600.00 | (68490900) | (100) | (2000) |
| **TOTAL WRITTEN OPTIONS** (Premiums received $6,920) |  |  | $(3920) |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |

---

(a) Represents less than 0.05% of net assets.

(b) Exchange-traded.

(c) 100 shares per contract.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** | **SGI Enhanced Nasdaq-100 ETF** |
| **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **Description** | **Contracts Purchased** | **Expiration Date** | **Notional Value** | **Value / Unrealized Appreciation (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;Micro E-Mini Nasdaq 100 Future Dec 2025 | 2 | 12/19/2025 | $101928 | $4670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq 100 Index | 103 | 12/19/2025 | 52492920 | 1679558 |
| **Net Unrealized Appreciation (Depreciation)** |  | $– | $– | $1684228 |

---

------

#### Summary of Fair Value Disclosure as of November 30, 2025 (Unaudited)
SGI Enhanced Nasdaq-100 ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

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

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills | $– | $19796929 | $– | $19796929 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 500064 | – | – | 500064 |
| Total Investments | $500064 | $19796929 | $– | $20296993 |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts\* | $1684228 | $– | $– | $1684228 |
| Total Other Financial Instruments | $1684228 | $– | $– | $1684228 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | $– | $(2000) | $(1920) | $(3920) |
| Total Investments | $– | $(2000) | $(1920) | $(3920) |
| \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of November 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of November 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of November 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of November 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of November 30, 2025. |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |
| Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were no transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were no transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were no transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were no transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. | Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were no transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **SGI Enhanced Nasdaq-100 ETF - Transactions with Affiliates** | **SGI Enhanced Nasdaq-100 ETF - Transactions with Affiliates** | **SGI Enhanced Nasdaq-100 ETF - Transactions with Affiliates** | **SGI Enhanced Nasdaq-100 ETF - Transactions with Affiliates** | **SGI Enhanced Nasdaq-100 ETF - Transactions with Affiliates** | **SGI Enhanced Nasdaq-100 ETF - Transactions with Affiliates** | **SGI Enhanced Nasdaq-100 ETF - Transactions with Affiliates** | **SGI Enhanced Nasdaq-100 ETF - Transactions with Affiliates** |
| **Value as of** <br> **August 31, 2025** | **Additions** | **Reductions** | **Realized** <br> **Gain (Loss)** | **Net Change in Unrealized Appreciation (Depreciation)** | **Value as of** <br> **November 30, 2025** | **Dividend Income** | **Shares as of** <br> **November 30, 2025** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RBB Fund, Inc.

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

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

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

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

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

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

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

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

- **a. Name of Series:** SGI Enhanced 100 ETF

- **b. EDGAR series identifier (if any):** S000085263

- **c. LEI of Series:** 529900D9FG355H0F4R73

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $52545305.51

**Total Liabilities:** $41076.29

**Net Assets:** $52504229.22

**Cash Not Reported:** $31828908.74

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 521.270007000000 | **1-Year:** 21.160422000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250233 | 5.72%                | 4.99%                | -1.31%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-1634.21                                  |
| Month 2  | $0.00                    | $3243.56                                   |
| Month 3  | $0.00                    | $-2692.06                                  |

**Designated Index Information**

- **Index Name:** NASDAQ-100 Total Return Index

- **Index Identifier:** XNDX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797SY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19796929.00  | 37.71%            | 2026-03-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                            | NASDAQ 100 E-MINI Dec25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       103 | NC      | $1679557.88   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SPXW US 11/28/25 P6500                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -57 | NC      | $-171.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SPXW US 11/28/25 P6520                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-150.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SPXW US 11/28/25 P6530                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -53 | NC      | $-265.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SPXW US 11/28/25 P6535                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-300.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    500064 | NS      | $500064.03    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Micro E-Mini Nasdaq 100 Future Dec 2025    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $4669.76      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-26

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

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

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

**Title:** CFO COO Secretary