# EDGAR Filing Document

**Accession Number:** 0000831114
**File Stem:** 0001145549-23-002919
**Filing Date:** 2023-1
**Character Count:** 81451
**Document Hash:** 3bfa115add67a50f48a734479a77ef15
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-002919.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001145549-23-002919

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBB FUND, INC.
- **CENTRAL INDEX KEY:** 0000831114
- **IRS NUMBER:** 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:** 23556846

**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 Small Cap Core Fund (Series ID: S000001101)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000002991 | Class I Shares | BOGIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **SGI SMALL CAP CORE FUND** | **SGI SMALL CAP CORE FUND** | **SGI SMALL CAP CORE FUND** |
| **PORTFOLIO OF INVESTMENTS** | **PORTFOLIO OF INVESTMENTS** | **PORTFOLIO OF INVESTMENTS** |
| **NOVEMBER 30, 2022 (UNAUDITED)** | **NOVEMBER 30, 2022 (UNAUDITED)** | **NOVEMBER 30, 2022 (UNAUDITED)** |
|  | **NUMBER OF** | |
|  | **SHARES** | **VALUE** |
| **COMMON STOCKS - 95.9%** | | |
| **Aerospace/Defense — 0.3%** | | |
| Astronics Corp.\* | 29500 | $247800 |
| **Agriculture — 0.7%** |  |  |
| Andersons Inc., (The) | 16950 | 652575 |
| **Apparel — 0.7%** |  |  |
| Urban Outfitters, Inc.\* | 22600 | 654044 |
| **Auto Parts & Equipment — 0.2%** |  |  |
| Allison Transmission Holdings, Inc. | 4300 | 192640 |
| **Banks — 7.7%** |  |  |
| Bank First Corp. | 1300 | 123539 |
| Bridgewater Bancshares, Inc.\* | 2600 | 50102 |
| Carter Bankshares, Inc.\* | 3200 | 59328 |
| Civista Bancshares, Inc. | 3000 | 68580 |
| Coastal Financial Corp.\* | 5700 | 284544 |
| ConnectOne Bancorp, Inc. | 15600 | 409344 |
| Eagle Bancorp, Inc. | 3300 | 155628 |
| FB Financial Corp. | 10100 | 432381 |
| First Bancorp Southern Pines | 15200 | 739176 |
| Guaranty Bancshares, Inc. | 3500 | 124600 |
| Merchants Bancorp | 12700 | 324993 |
| Metropolitan Bank Holding Corp.\* | 12100 | 768834 |
| Nicolet Bankshares, Inc.\* | 4500 | 372240 |
| Origin Bancorp, Inc. | 14600 | 597432 |
| Peapack-Gladstone Financial Corp. | 9900 | 408078 |
| Peoples Financial Services Corp. | 900 | 51246 |
| QCR Holdings, Inc. | 6500 | 341965 |
| Red River Bancshares, Inc. | 2600 | 136500 |
| ServisFirst Bancshares, Inc. | 5300 | 401846 |
| SmartFinancial, Inc. | 5800 | 173884 |
| South Plains Financial, Inc. | 7400 | 229104 |
| Southern First Bancshares, Inc.\* | 2400 | 118800 |
| TriCo Bancshares | 6000 | 327000 |
| Westamerica BanCorp | 10700 | 660725 |
|  |  | 7359869 |
| **Biotechnology — 0.3%** |  |  |
| Innoviva, Inc.\* | 23100 | 303303 |
| **Building Materials — 3.4%** |  |  |
| Louisiana-Pacific Corp. | 15400 | 982520 |
| PGT Innovations, Inc.\* | 36850 | 729261 |
| Simpson Manufacturing Co., Inc. | 7000 | 651350 |
| UFP Industries, Inc. | 11000 | 900460 |
|  |  | 3263591 |
| **Chemicals — 1.0%** |  |  |
| AdvanSix, Inc. | 12900 | 530964 |
| Avient Corp. | 7000 | 242270 |
| Ecovyst, Inc.\* | 4400 | 40876 |
| Hawkins, Inc. | 2600 | 108160 |
|  |  | 922270 |
| **Coal — 1.0%** |  |  |
| Alpha Metallurgical Resources, Inc. | 5600 | 958888 |
| **Commercial Services — 4.8%** |  |  |
| ABM Industries, Inc. | 1000 | 47180 |
| AMN Healthcare Services, Inc.\* | 8100 | 1001970 |
| ASGN, Inc.\* | 5800 | 525480 |
| CorVel Corp.\* | 4000 | 611880 |
| Forrester Research, Inc.\* | 2500 | 87950 |
| Franklin Covey Co.\* | 7600 | 394896 |
| ICF International, Inc. | 2600 | 281762 |
| Kforce, Inc. | 5500 | 324885 |
| Korn/Ferry International | 3900 | 222417 |
| Laureate Education, Inc. | 33300 | 348984 |
| National Research Corp. | 4000 | 154960 |
| WillScot Mobile Mini Holdings Corp.\* | 12000 | 578520 |
|  |  | 4580884 |
| **Computers — 1.7%** |  |  |
| Insight Enterprises, Inc.\* | 7700 | 800107 |
| Mitek Systems, Inc.\* | 82700 | 846021 |
|  |  | 1646128 |
| **Cosmetics & Personal Care — 0.1%** |  |  |
| Edgewell Personal Care Co. | 1200 | 51852 |
| **Cosmetics/Personal Care — 1.2%** |  |  |
| elf Beauty, Inc.\* | 20700 | 1137672 |
| **Distribution/Wholesale — 3.1%** |  |  |
| Core & Main, Inc., Class A\* | 31500 | 655200 |
| MRC Global, Inc.\* | 42100 | 495096 |
| Titan Machinery, Inc.\* | 34700 | 1527841 |
| WESCO International, Inc.\* | 2300 | 296516 |
|  |  | 2974653 |
| **Diversified Financial Services — 4.4%** |  |  |
| Amerant Bancorp, Inc. | 5700 | 167922 |
| AssetMark Financial Holdings, Inc.\* | 33300 | 827838 |
| Enova International, Inc.\* | 17500 | 705950 |
| Focus Financial Partners, Inc., Class A\* | 11100 | 423576 |
| International Money Express, Inc.\* | 34900 | 758028 |
| Nelnet, Inc., Class A | 500 | 49270 |
| PJT Partners, Inc., Class A | 12898 | 993275 |
| Radian Group, Inc. | 12500 | 244625 |
|  |  | 4170484 |
| **Electric — 0.0%** |  |  |
| Otter Tail Corp. | 700 | 41741 |
| **Electrical Components & Equipment — 0.5%** |  |  |
| Insteel Industries, Inc. | 17450 | 514601 |
| **Electronics — 1.7%** |  |  |
| Knowles Corp.\* | 43700 | 681720 |
| OSI Systems, Inc.\* | 10400 | 920192 |
|  |  | 1601912 |
| **Engineering & Construction — 2.7%** |  |  |
| Comfort Systems USA, Inc. | 5500 | 697180 |
| MYR Group, Inc.\* | 9900 | 945747 |
| NV5 Global, Inc.\* | 6300 | 910413 |
|  |  | 2553340 |
| **Environmental Control — 0.5%** |  |  |
| Evoqua Water Technologies Corp.\* | 5600 | 243544 |
| Heritage-Crystal Clean, Inc.\* | 5900 | 186440 |
|  |  | 429984 |
| **Food — 3.7%** |  |  |
| Chefs' Warehouse Inc., (The)\* | 26300 | 1021755 |
| Hostess Brands, Inc.\* | 2800 | 73920 |
| Ingles Markets, Inc., Class A | 4800 | 485280 |
| Seaboard Corp. | 50 | 197642 |
| Sprouts Farmers Market, Inc.\* | 17100 | 587043 |
| Tootsie Roll Industries, Inc. | 16068 | 722257 |
| Weis Markets, Inc. | 4700 | 409887 |
|  |  | 3497784 |
| **Hand/Machine Tools — 0.8%** |  |  |
| Franklin Electric Co., Inc. | 8800 | 733040 |
| **Healthcare-Products — 0.9%** |  |  |
| Shockwave Medical, Inc.\* | 3400 | 862240 |
| **Healthcare-Services — 0.7%** |  |  |
| National HealthCare Corp. | 1600 | 98624 |
| Tenet Healthcare Corp.\* | 12800 | 591104 |
|  |  | 689728 |
| **Home Builders — 3.5%** |  |  |
| Century Communities, Inc. | 18600 | 895776 |
| Forestar Group, Inc.\* | 20100 | 298083 |
| Meritage Homes Corp.\* | 8800 | 760408 |
| Toll Brothers, Inc. | 9200 | 440772 |
| Tri Pointe Homes, Inc.\* | 49400 | 910936 |
|  |  | 3305975 |
| **Insurance — 2.2%** |  |  |
| Enstar Group Ltd.\* | 300 | 65397 |
| Kemper Corp. | 8000 | 455360 |
| Nmi Holdings, Inc., Class A\* | 42700 | 919331 |
| Palomar Holdings, Inc.\* | 7900 | 495646 |
| ProAssurance Corp. | 9300 | 185907 |
|  |  | 2121641 |
| **Internet — 0.3%** |  |  |
| ePlus, Inc.\* | 4900 | 243334 |
| **Iron/Steel — 0.6%** |  |  |
| Carpenter Technology Corp. | 14200 | 583052 |
| **Leisure Time — 0.6%** |  |  |
| MasterCraft Boat Holdings, Inc.\* | 21700 | 558124 |
| **Machinery-Construction & Mining — 0.3%** |  |  |
| Terex Corp. | 5400 | 247914 |
| **Machinery-Diversified — 1.9%** |  |  |
| Alamo Group, Inc. | 6500 | 978250 |
| CSW Industrials, Inc. | 1200 | 145140 |
| Lindsay Corp. | 2300 | 405927 |
| Tennant Co. | 5100 | 324003 |
|  |  | 1853320 |
| **Media — 0.9%** |  |  |
| Scripps E W Co., Class A\* | 57100 | 855358 |
| **Metal Fabricate/Hardware — 2.7%** |  |  |
| AZZ, Inc. | 13100 | 545353 |
| Mueller Industries, Inc. | 16200 | 1114074 |
| Olympic Steel, Inc. | 7800 | 273702 |
| Omega Flex, Inc. | 1800 | 172998 |
| Ryerson Holding Corp. | 15400 | 454146 |
|  |  | 2560273 |
| **Mining — 0.6%** |  |  |
| Livent Corp.\* | 21200 | 593388 |
| **Miscellaneous Manufacturing — 0.2%** |  |  |
| Chase Corp. | 2300 | 218500 |
| **Oil & Gas — 4.0%** |  |  |
| Berry Corp. | 37800 | 340578 |
| Delek US Holdings, Inc. | 18900 | 585522 |
| Earthstone Energy, Inc., Class A\* | 47200 | 747648 |
| Murphy Oil Corp. | 22000 | 1038400 |
| Talos Energy, Inc.\* | 54400 | 1068960 |
|  |  | 3781108 |
| **Oil & Gas Services — 4.0%** |  |  |
| Liberty Energy, Inc. | 69400 | 1147182 |
| NOW, Inc.\* | 56300 | 702624 |
| ProPetro Holding Corp.\* | 114000 | 1251720 |
| Select Energy Services, Inc., Class A | 79800 | 653562 |
|  |  | 3755088 |
| **Packaging & Containers — 0.1%** |  |  |
| Silgan Holdings, Inc. | 2200 | 116380 |
| **Pharmaceuticals — 1.8%** |  |  |
| Collegium Pharmaceutical, Inc.\* | 39500 | 863865 |
| Pacira BioSciences, Inc.\* | 8400 | 405300 |
| Prestige Brands Holdings, Inc.\* | 7400 | 454804 |
|  |  | 1723969 |
| **Pipelines — 0.9%** |  |  |
| Golar LNG Ltd.\* | 33000 | 827310 |
| **Real Estate — 1.2%** |  |  |
| Cushman & Wakefield PLC\* | 57000 | 650940 |
| Marcus & Millichap, Inc. | 12000 | 446880 |
|  |  | 1097820 |
| **REITS — 5.0%** |  |  |
| Agree Realty Corp. | 11800 | 825410 |
| Brandywine Realty Trust | 53300 | 368303 |
| City Office REIT, Inc. | 43900 | 434171 |
| Life Storage, Inc. | 4700 | 505203 |
| Rexford Industrial Realty, Inc. | 14400 | 796176 |
| Ryman Hospitality Properties, Inc. | 9600 | 878688 |
| Terreno Realty Corp. | 7500 | 439800 |
| UMH Properties, Inc. | 29900 | 526539 |
|  |  | 4774290 |
| **Retail — 9.2%** |  |  |
| Arko Corp. | 81500 | 768545 |
| AutoNation, Inc.\* | 7600 | 941716 |
| Chico's FAS, Inc.\* | 132700 | 778949 |
| Dave & Buster's Entertainment, Inc.\* | 9900 | 392634 |
| GMS, Inc.\* | 18600 | 913260 |
| Group 1 Automotive, Inc. | 5300 | 1024702 |
| Haverty Furniture Cos., Inc. | 14600 | 460338 |
| MarineMax, Inc.\* | 24700 | 815841 |
| OneWater Marine, Inc., Class A\* | 8100 | 264789 |
| Patrick Industries, Inc. | 9300 | 520149 |
| PC Connection, Inc. | 4300 | 238865 |
| Winmark Corp. | 2500 | 600000 |
| World Fuel Services Corp. | 20100 | 571845 |
| Zumiez, Inc.\* | 19100 | 444075 |
|  |  | 8735708 |
| **Savings & Loans — 0.8%** |  |  |
| Brookline Bancorp, Inc. | 22700 | 322794 |
| Home Bancorp, Inc. | 2500 | 107450 |
| HomeTrust Bancshares, Inc. | 9100 | 232960 |
| Southern Missouri Bancorp, Inc. | 2400 | 124464 |
|  |  | 787668 |
| **Semiconductors — 2.8%** |  |  |
| Allegro MicroSystems, Inc.\* | 27200 | 847008 |
| Diodes, Inc.\* | 11400 | 1051422 |
| Silicon Laboratories, Inc.\* | 4300 | 625392 |
| SMART Global Holdings, Inc.\* | 5700 | 96387 |
|  |  | 2620209 |
| **Software — 3.0%** |  |  |
| Digi International, Inc.\* | 21690 | 921174 |
| eGain Corp.\* | 5000 | 44000 |
| Evolent Health, Inc., Class A\* | 23900 | 688081 |
| Verint Systems, Inc.\* | 8400 | 330372 |
| Verra Mobility Corp.\* | 56600 | 897110 |
|  |  | 2880737 |
| **Telecommunications — 1.0%** |  |  |
| Aviat Networks, Inc.\* | 15300 | 481338 |
| Viavi Solutions, Inc.\* | 45100 | 510983 |
|  |  | 992321 |
| **Transportation — 5.8%** |  |  |
| ArcBest Corp. | 2000 | 165540 |
| Daseke, Inc.\* | 22800 | 132924 |
| Heartland Express, Inc. | 45200 | 756648 |
| Hub Group, Inc., Class A\* | 10400 | 875160 |
| Landstar System, Inc. | 3500 | 605430 |
| Marten Transport, Ltd. | 43600 | 929116 |
| Radiant Logistics, Inc.\* | 30500 | 162870 |
| Saia, Inc.\* | 2000 | 487180 |
| Schneider National, Inc., Class B | 34900 | 899024 |
| Werner Enterprises, Inc. | 10700 | 470586 |
|  |  | 5484478 |
| **Water — 0.4%** |  |  |
| American States Water Co. | 3200 | 313568 |
| Artesian Resources Corp., Class A | 1900 | 103664 |
|  |  | 417232 |
| &nbsp;&nbsp;&nbsp; TOTAL COMMON STOCKS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Cost $87,434,073) |  | 91176220 |
| **EXCHANGE-TRADED FUNDS - 2.3%** |  |  |
| **Exchange-Traded Funds — 2.3%** |  |  |
| iShares Core S&P Small-Cap ETF | 11100 | 1130424 |
| iShares Russell 2000 ETF | 5471 | 1025101 |
|  |  | 2155525 |
| &nbsp;&nbsp;&nbsp; TOTAL EXCHANGE-TRADED FUNDS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Cost $2,038,807) |  | 2155525 |
| **SHORT-TERM INVESTMENTS - 1.9%** |  |  |
| U.S. Bank Money Market Deposit Account, 3.50%<sup>(a)</sup> | 1823924 | 1823924 |
| &nbsp;&nbsp;&nbsp; TOTAL SHORT-TERM INVESTMENTS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Cost $1,823,924) |  | 1823924 |
| TOTAL INVESTMENTS - 100.1% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $91,296,804) |  | 95155669 |
| LIABILITIES IN EXCESS OF OTHER ASSETS - (0.1)% |  | (136931) |
| NET ASSETS - 100.0% |  | $95018738 |

---

---

| | |
|:---|:---|
| \* | Non-income producing security |
| <sup>(a)</sup> | The rate shown is as of November 30, 2022. |
| ETF | Exchange-Traded Funds |
| REIT | Real Estate Investment Trust |
| The accompanying notes are an integral part of the portfolio of investments. | The accompanying notes are an integral part of the portfolio of investments. |

---

------

---

| |
|:---|
| **SGI SMALL CAP CORE FUND** |
| **NOTES TO THE PORTFOLIO OF INVESTMENTS** |
| **NOVEMBER 30, 2022 (UNAUDITED)** |
| **PORTFOLIO VALUATION** — The Fund's net asset value ("NAV") is calculated once daily at the close of regular trading hours on the New York Stock Exchange ("NYSE") (generally 4:00 p.m. Eastern time) on each day the NYSE is open. Securities held by the Fund are valued using the closing price or the last sale price on a national securities exchange or the National Association of Securities Dealers Automatic Quotation System ("NASDAQ") market system where they are primarily traded. Equity securities traded in the over-the-counter ("OTC") market are valued at their closing prices. If there were no transactions on that day, securities traded principally on an exchange or on NASDAQ will be valued at the mean of the last bid and ask prices prior to the market close. Fixed income securities are valued using an independent pricing service, which considers such factors as security prices, yields, maturities and ratings, and are deemed representative of market values at the close of the market. Foreign securities are valued based on prices from the primary market in which they are traded, and are translated from the local currency into U.S. dollars using current exchange rates. If market quotations are unavailable or deemed unreliable, securities will be valued in accordance with procedures adopted by the Company's Board of Directors (the "Board"). Relying on prices supplied by pricing services or dealers or using fair valuation may result in values that are higher or lower than the values used by other investment companies and investors to price the same investments. Such procedures use fundamental valuation methods, which may include, but are not limited to, an analysis of the effect of any restrictions on the resale of the security, industry analysis and trends, significant changes in the issuer's financial position, and any other event which could have a significant impact on the value of the security. Determination of fair value involves subjective judgment as the actual market value of a particular security can be established only by negotiations between the parties in a sales transaction, and the difference between the recorded fair value and the value that would be received in a sale could be significant. |
| **FAIR VALUE MEASUREMENTS** – The inputs and valuation techniques used to measure the fair value of the Fund's investments are summarized into three levels as described in the hierarchy below: |
| • Level 1 — Prices are determined using quoted prices in active markets for identical securities. |
| • Level 2 — Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). |
| • Level 3 — Prices are determined using significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). |
| The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. |
| The following is a summary of the inputs used, as of November 30, 2022, in valuing the Fund's investments carried at fair value: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **TOTAL** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** |
| **SGI SMALL CAP CORE FUND** | | | | |
| Common Stocks | $91176220 | $91176220 | $- | $- |
| Exchange Traded-Funds | 2155525 | 2155525 | - | - |
| Short-Term Investments | 1823924 | 1823924 | - | - |
| Total Investments\* | $95155669 | $95155669 | $- | $- |
| \* Please refer to Portfolio of Investments for further details. | \* Please refer to Portfolio of Investments for further details. | \* Please refer to Portfolio of Investments for further details. | \* Please refer to Portfolio of Investments for further details. | \* Please refer to Portfolio of Investments for further details. |

---

---

| |
|:---|
| At the end of each quarter, management evaluates the classification of Levels 1, 2 and 3 assets and liabilities. Various factors are considered, such as changes in liquidity from the prior reporting period; whether or not a broker is willing to execute at the quoted price; the depth and consistency of prices from third party pricing services; and the existence of contemporaneous, observable trades in the market. Additionally, management evaluates the classification of Levels 1, 2 and 3 assets and liabilities on a quarterly basis for changes in listings or delistings on national exchanges. |
| Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Fund's investments may fluctuate from period to period. Additionally, the fair value of investments may differ significantly from the values that would have been used had a ready market existed for such investments and may differ materially from the values the Fund may ultimately realize. Further, such investments may be subject to legal and other restrictions on resale or otherwise less liquid than publicly traded securities. |
| For fair valuations using significant unobservable inputs, U.S. generally accepted accounting principles ("U.S. GAAP") requires the Fund to present a reconciliation of the beginning to ending balances for reported market values that presents changes attributable to total realized and unrealized gains or losses, purchase and sales, and transfers in and out of Level 3 during the period. Transfers in and out between levels are based on values at the end of the period. A reconciliation of Level 3 investments is presented only if the Fund had an amount of Level 3 investments at the end of the reporting period that was meaningful in relation to its net assets. The amounts and reasons for Level 3 transfers in and out of each level is disclosed when the Fund had an amount of total Level 3 transfers during the reporting period that was meaningful in relation to its net assets as of the end of the reporting period. |
| For fair valuations using significant unobservable inputs, U.S. generally accepted accounting principles ("U.S. GAAP") requires the Fund to present a reconciliation of the beginning to ending balances for reported market values that presents changes attributable to total realized and unrealized gains or losses, purchase and sales, and transfers in and out of Level 3 during the period. Transfers in and out between levels are based on values at the end of the period. A reconciliation of Level 3 investments is presented only if the Fund had an amount of Level 3 investments at the end of the reporting period that was meaningful in relation to its net assets. The amounts and reasons for Level 3 transfers in and out of each level is disclosed when the Fund had an amount of total Level 3 transfers during the reporting period that was meaningful in relation to its net assets as of the end of the reporting period. |
| During the current fiscal period, the Fund had no Level 3 purchases, sales, or transfers. |
| For more information with regard to significant accounting policies, see the most recent semi-annual or annual report filed with the Securities and Exchange Commission. |

---

## 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:** 414-765-5366

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

- **a. Name of Series:** SGI Small Cap Core Fund

- **b. EDGAR series identifier (if any):** S000001101

- **c. LEI of Series:** 549300U1EB7E1OEPCM45

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $95325168.31

**Total Liabilities:** $211368.10

**Net Assets:** $95113800.21

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002991 | -9.44%               | 10.99%               | 3.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-8521730.03                               |
| Month 2  | $6197.66                 | $9092298.68                                |
| Month 3  | $-2240626.38             | $5015488.23                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABM Industries Inc                     | ABM Industries Inc                     | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |      1000 | NS      | $47180.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc            | AMN Healthcare Services Inc            | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |      8100 | NS      | $1001970.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN Inc                               | ASGN Inc                               | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |      5800 | NS      | $525480.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                | AZZ Inc                                | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     13100 | NS      | $545353.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix Inc                           | AdvanSix Inc                           | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |     12900 | NS      | $530964.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                      | Agree Realty Corp                      | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11800 | NS      | $825410.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Evoqua Water Technologies Corp         | Evoqua Water Technologies Corp         | CUSIP: 30057T105<br>LEI: 529900YQAOMEZRGRRP43 | Long             | EC               | CORP              | US        |      5600 | NS      | $243544.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp                      | FB Financial Corp                      | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     10100 | NS      | $432381.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp/Southern Pines N         | First Bancorp/Southern Pines NC        | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15200 | NS      | $739176.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Focus Financial Partners Inc           | Focus Financial Partners Inc           | CUSIP: 34417P100<br>LEI: 5493006FFJCGLZ246V12 | Long             | EC               | CORP              | US        |     11100 | NS      | $423576.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Forestar Group Inc                     | Forestar Group Inc                     | CUSIP: 346232101<br>LEI: 549300BC2UB0GHV60V70 | Long             | EC               | CORP              | US        |     20100 | NS      | $298083.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Forrester Research Inc                 | Forrester Research Inc                 | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               | CORP              | US        |      2500 | NS      | $87950.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Bancorp Inc                       | Home Bancorp Inc                       | CUSIP: 43689E107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $107450.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Covey Co                      | Franklin Covey Co                      | CUSIP: 353469109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7600 | NS      | $394896.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc               | Franklin Electric Co Inc               | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |      8800 | NS      | $733040.00    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| HomeTrust Bancshares Inc               | HomeTrust Bancshares Inc               | CUSIP: 437872104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9100 | NS      | $232960.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hostess Brands Inc                     | Hostess Brands Inc                     | CUSIP: 44109J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2800 | NS      | $73920.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                          | Hub Group Inc                          | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10400 | NS      | $875160.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF International Inc                  | ICF International Inc                  | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |      2600 | NS      | $281762.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS Inc                                | GMS Inc                                | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |     18600 | NS      | $913260.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc                 | Group 1 Automotive Inc                 | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      5300 | NS      | $1024702.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets Inc                     | Ingles Markets Inc                     | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               | CORP              | US        |      4800 | NS      | $485280.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc                | Insight Enterprises Inc                | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |      7700 | NS      | $800107.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Guaranty Bancshares Inc/TX             | Guaranty Bancshares Inc/TX             | CUSIP: 400764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3500 | NS      | $124600.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Haverty Furniture Cos Inc              | Haverty Furniture Cos Inc              | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |     14600 | NS      | $460338.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                            | Hawkins Inc                            | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |      2600 | NS      | $108160.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc                  | Heartland Express Inc                  | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |     45200 | NS      | $756648.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage-Crystal Clean Inc             | Heritage-Crystal Clean Inc             | CUSIP: 42726M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5900 | NS      | $186440.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc                 | Insteel Industries Inc                 | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |     17450 | NS      | $514600.50    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva Inc                           | Innoviva Inc                           | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     23100 | NS      | $303303.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| International Money Express In         | International Money Express Inc        | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34900 | NS      | $758028.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF               | iShares Russell 2000 ETF               | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Long             | EC               | RF                | US        |      5471 | NS      | $1025101.27   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P Small-Cap ETF         | iShares Core S&P Small-Cap ETF         | CUSIP: 464287804<br>LEI: 549300BZQ17QYN750B25 | Long             | EC               | RF                | US        |     11100 | NS      | $1130424.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                            | Kemper Corp                            | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |      8000 | NS      | $455360.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Kforce Inc                             | Kforce Inc                             | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |      5500 | NS      | $324885.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                           | Knowles Corp                           | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |     43700 | NS      | $681720.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                             | Korn Ferry                             | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |      3900 | NS      | $222417.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                    | Landstar System Inc                    | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      3500 | NS      | $605430.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education Inc                 | Laureate Education Inc                 | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     33300 | NS      | $348984.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                     | Liberty Energy Inc                     | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69400 | NS      | $1147182.00   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Storage Inc                       | Life Storage Inc                       | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |      4700 | NS      | $505203.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                           | Lindsay Corp                           | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |      2300 | NS      | $405927.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Livent Corp                            | Livent Corp                            | CUSIP: 53814L108<br>LEI: 254900OOLQ2VNMZTJL47 | Long             | EC               | CORP              | US        |     21200 | NS      | $593388.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp                 | Louisiana-Pacific Corp                 | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |     15400 | NS      | $982520.00    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MRC Global Inc                         | MRC Global Inc                         | CUSIP: 55345K103<br>LEI: 529900TSBPOLCLI2L582 | Long             | EC               | CORP              | US        |     42100 | NS      | $495096.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                          | MYR Group Inc                          | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      9900 | NS      | $945747.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                 | Marcus & Millichap Inc                 | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |     12000 | NS      | $446880.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax Inc                          | MarineMax Inc                          | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |     24700 | NS      | $815841.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd                   | Marten Transport Ltd                   | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43600 | NS      | $929116.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCraft Boat Holdings Inc          | MasterCraft Boat Holdings Inc          | CUSIP: 57637H103<br>LEI: 549300IXWX41555YJ117 | Long             | EC               | CORP              | US        |     21700 | NS      | $558124.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp/IN                   | Merchants Bancorp/IN                   | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |     12700 | NS      | $324993.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                    | Meritage Homes Corp                    | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |      8800 | NS      | $760408.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan Bank Holding Corp         | Metropolitan Bank Holding Corp         | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12100 | NS      | $768834.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitek Systems Inc                      | Mitek Systems Inc                      | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |     82700 | NS      | $846021.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                 | Mueller Industries Inc                 | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     16200 | NS      | $1114074.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                        | Murphy Oil Corp                        | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     22000 | NS      | $1038400.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings Inc                       | NMI Holdings Inc                       | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |     42700 | NS      | $919331.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| NV5 Global Inc                         | NV5 Global Inc                         | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6300 | NS      | $910413.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp               | National HealthCare Corp               | CUSIP: 635906100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1600 | NS      | $98624.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| National Research Corp                 | National Research Corp                 | CUSIP: 637372202<br>LEI: 549300FQIORB6GZCYT15 | Long             | EC               | CORP              | US        |      4000 | NS      | $154960.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Nelnet Inc                             | Nelnet Inc                             | CUSIP: 64031N108<br>LEI: 549300T6B0Q52I6OM558 | Long             | EC               | CORP              | US        |       500 | NS      | $49270.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Nicolet Bankshares Inc                 | Nicolet Bankshares Inc                 | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4500 | NS      | $372240.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NOW Inc                                | NOW Inc                                | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     56300 | NS      | $702624.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI Systems Inc                        | OSI Systems Inc                        | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |     10400 | NS      | $920192.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympic Steel Inc                      | Olympic Steel Inc                      | CUSIP: 68162K106<br>LEI: 549300GQ061U6N6KWJ49 | Long             | EC               | CORP              | US        |      7800 | NS      | $273702.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC                | Cushman & Wakefield PLC                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     57000 | NS      | $650940.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Enstar Group Ltd                       | Enstar Group Ltd                       | CUSIP: N/A<br>LEI: 213800AMAL5QFXVUCN04       | Long             | EC               | CORP              | BM        |       300 | NS      | $65397.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SMART Global Holdings Inc              | SMART Global Holdings Inc              | CUSIP: N/A<br>LEI: 529900RDGHQY8XKXPN14       | Long             | EC               | CORP              | US        |      5700 | NS      | $96387.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Golar LNG Ltd                          | Golar LNG Ltd                          | CUSIP: N/A<br>LEI: 213800C2VSFZG3EZLO34       | Long             | EC               | CORP              | BM        |     33000 | NS      | $827310.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                        | Alamo Group Inc                        | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |      6500 | NS      | $978250.00    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc               | Allegro MicroSystems Inc               | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27200 | NS      | $847008.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings          | Allison Transmission Holdings Inc      | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      4300 | NS      | $192640.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Metallurgical Resources          | Alpha Metallurgical Resources Inc      | CUSIP: 020764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5600 | NS      | $958888.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerant Bancorp Inc                    | Amerant Bancorp Inc                    | CUSIP: 023576101<br>LEI: 5493007OCZP75TGDUY32 | Long             | EC               | CORP              | US        |      5700 | NS      | $167922.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co               | American States Water Co               | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |      3200 | NS      | $313568.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons Inc/The                      | Andersons Inc/The                      | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     16950 | NS      | $652575.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                           | ArcBest Corp                           | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |      2000 | NS      | $165540.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Arko Corp                              | Arko Corp                              | CUSIP: 041242108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     81500 | NS      | $768545.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Artesian Resources Corp                | Artesian Resources Corp                | CUSIP: 043113208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1900 | NS      | $103664.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AssetMark Financial Holdings I         | AssetMark Financial Holdings Inc       | CUSIP: 04546L106<br>LEI: 5493001K4EDHT2T6W812 | Long             | EC               | CORP              | US        |     33300 | NS      | $827838.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                         | Astronics Corp                         | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |     29500 | NS      | $247800.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                         | AutoNation Inc                         | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7600 | NS      | $941716.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks Inc                     | Aviat Networks Inc                     | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |     15300 | NS      | $481338.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                            | Avient Corp                            | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |      7000 | NS      | $242270.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank First Corp                        | Bank First Corp                        | CUSIP: 06211J100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1300 | NS      | $123539.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Berry Corp                             | Berry Corp                             | CUSIP: 08579X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37800 | NS      | $340578.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                | Brandywine Realty Trust                | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |     53300 | NS      | $368303.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgewater Bancshares Inc             | Bridgewater Bancshares Inc             | CUSIP: 108621103<br>LEI: 5493001FLSBTVILKXZ71 | Long             | EC               | CORP              | US        |      2600 | NS      | $50102.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookline Bancorp Inc                  | Brookline Bancorp Inc                  | CUSIP: 11373M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22700 | NS      | $322794.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                    | CSW Industrials Inc                    | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      1200 | NS      | $145140.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp              | Carpenter Technology Corp              | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     14200 | NS      | $583052.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter Bankshares Inc                  | Carter Bankshares Inc                  | CUSIP: 146103106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3200 | NS      | $59328.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                | Century Communities Inc                | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     18600 | NS      | $895776.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Corp                             | Chase Corp                             | CUSIP: 16150R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2300 | NS      | $218500.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse Inc/The               | Chefs' Warehouse Inc/The               | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |     26300 | NS      | $1021755.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chico's FAS Inc                        | Chico's FAS Inc                        | CUSIP: 168615102<br>LEI: 5299003ESGN5T1MFXY13 | Long             | EC               | CORP              | US        |    132700 | NS      | $778949.00    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| City Office REIT Inc                   | City Office REIT Inc                   | CUSIP: 178587101<br>LEI: 5493003J7157VP25NL57 | Long             | EC               | CORP              | CA        |     43900 | NS      | $434171.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Civista Bancshares Inc                 | Civista Bancshares Inc                 | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |      3000 | NS      | $68580.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp/WA              | Coastal Financial Corp/WA              | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |      5700 | NS      | $284544.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc           | Collegium Pharmaceutical Inc           | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |     39500 | NS      | $863865.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryerson Holding Corp                   | Ryerson Holding Corp                   | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |     15400 | NS      | $454146.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                | Comfort Systems USA Inc                | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      5500 | NS      | $697180.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp Inc                 | ConnectOne Bancorp Inc                 | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     15600 | NS      | $409344.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties I         | Ryman Hospitality Properties Inc       | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |      9600 | NS      | $878688.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                               | Saia Inc                               | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      2000 | NS      | $487180.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc                 | Schneider National Inc                 | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     34900 | NS      | $899024.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| EW Scripps Co/The                      | EW Scripps Co/The                      | CUSIP: 811054402<br>LEI: 549300U1OW41QPKYW028 | Long             | EC               | CORP              | US        |     57100 | NS      | $855358.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                        | Core & Main Inc                        | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31500 | NS      | $655200.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CorVel Corp                            | CorVel Corp                            | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $611880.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Seaboard Corp                          | Seaboard Corp                          | CUSIP: 811543107<br>LEI: 87Q3KOXT29OW9W9YPT70 | Long             | EC               | CORP              | US        |        50 | NS      | $197642.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Energy Services Inc             | Select Energy Services Inc             | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     79800 | NS      | $653562.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Daseke Inc                             | Daseke Inc                             | CUSIP: 23753F107<br>LEI: 549300CUSFIOX5Q3VA53 | Long             | EC               | CORP              | US        |     22800 | NS      | $132924.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave & Buster's Entertainment          | Dave & Buster's Entertainment Inc      | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Long             | EC               | CORP              | US        |      9900 | NS      | $392634.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek US Holdings Inc                  | Delek US Holdings Inc                  | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |     18900 | NS      | $585522.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                 | Digi International Inc                 | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     21690 | NS      | $921174.30    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Inc                             | Diodes Inc                             | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     11400 | NS      | $1051422.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| elf Beauty Inc                         | elf Beauty Inc                         | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |     20700 | NS      | $1137672.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Inc                      | Eagle Bancorp Inc                      | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |      3300 | NS      | $155628.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Earthstone Energy Inc                  | Earthstone Energy Inc                  | CUSIP: 27032D304<br>LEI: 54930081UTV7CK45XG14 | Long             | EC               | CORP              | US        |     47200 | NS      | $747648.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecovyst Inc                            | Ecovyst Inc                            | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4400 | NS      | $40876.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co              | Edgewell Personal Care Co              | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |      1200 | NS      | $51852.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| eGain Corp                             | eGain Corp                             | CUSIP: 28225C806<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $44000.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International Inc                | Enova International Inc                | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |     17500 | NS      | $705950.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ePlus Inc                              | ePlus Inc                              | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |      4900 | NS      | $243334.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolent Health Inc                     | Evolent Health Inc                     | CUSIP: 30050B101<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | EC               | CORP              | US        |     23900 | NS      | $688081.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Flex Inc                         | Omega Flex Inc                         | CUSIP: 682095104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1800 | NS      | $172998.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| OneWater Marine Inc                    | OneWater Marine Inc                    | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8100 | NS      | $264789.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp Inc                     | Origin Bancorp Inc                     | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |     14600 | NS      | $597432.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                        | Otter Tail Corp                        | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       700 | NS      | $41741.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc                      | PC Connection Inc                      | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |      4300 | NS      | $238865.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PGT Innovations Inc                    | PGT Innovations Inc                    | CUSIP: 69336V101<br>LEI: 549300LRW9WM59C1S579 | Long             | EC               | CORP              | US        |     36850 | NS      | $729261.50    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners Inc                       | PJT Partners Inc                       | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |     12898 | NS      | $993274.98    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacira BioSciences Inc                 | Pacira BioSciences Inc                 | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8400 | NS      | $405300.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc                   | Palomar Holdings Inc                   | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      7900 | NS      | $495646.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc                 | Patrick Industries Inc                 | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |      9300 | NS      | $520149.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Peapack-Gladstone Financial Co         | Peapack-Gladstone Financial Corp       | CUSIP: 704699107<br>LEI: 549300G8DN2UK8K0ET30 | Long             | EC               | CORP              | US        |      9900 | NS      | $408078.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Peoples Financial Services Cor         | Peoples Financial Services Corp        | CUSIP: 711040105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       900 | NS      | $51246.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare I         | Prestige Consumer Healthcare Inc       | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7400 | NS      | $454804.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp                      | ProAssurance Corp                      | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |      9300 | NS      | $185907.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc             | ServisFirst Bancshares Inc             | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5300 | NS      | $401846.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Shockwave Medical Inc                  | Shockwave Medical Inc                  | CUSIP: 82489T104<br>LEI: 549300LDXO56IC5Y1538 | Long             | EC               | CORP              | US        |      3400 | NS      | $862240.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ProPetro Holding Corp                  | ProPetro Holding Corp                  | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114000 | NS      | $1251720.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings Inc                       | QCR Holdings Inc                       | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |      6500 | NS      | $341965.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories Inc               | Silicon Laboratories Inc               | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |      4300 | NS      | $625392.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc                    | Silgan Holdings Inc                    | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |      2200 | NS      | $116380.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc                       | Radian Group Inc                       | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     12500 | NS      | $244625.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Logistics Inc                  | Radiant Logistics Inc                  | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |     30500 | NS      | $162870.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Red River Bancshares Inc               | Red River Bancshares Inc               | CUSIP: 75686R202<br>LEI: 549300SO63STZV7UHM15 | Long             | EC               | CORP              | US        |      2600 | NS      | $136500.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc          | Rexford Industrial Realty Inc          | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     14400 | NS      | $796176.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc           | Simpson Manufacturing Co Inc           | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |      7000 | NS      | $651350.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SmartFinancial Inc                     | SmartFinancial Inc                     | CUSIP: 83190L208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5800 | NS      | $173884.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| South Plains Financial Inc             | South Plains Financial Inc             | CUSIP: 83946P107<br>LEI: 549300SNEBP48642N493 | Long             | EC               | CORP              | US        |      7400 | NS      | $229104.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern First Bancshares Inc          | Southern First Bancshares Inc          | CUSIP: 842873101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2400 | NS      | $118800.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp Inc          | Southern Missouri Bancorp Inc          | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2400 | NS      | $124464.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc             | Sprouts Farmers Market Inc             | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |     17100 | NS      | $587043.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes Inc                   | Tri Pointe Homes Inc                   | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49400 | NS      | $910936.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc                       | Talos Energy Inc                       | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |     54400 | NS      | $1068960.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                  | Tenet Healthcare Corp                  | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     12800 | NS      | $591104.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                             | Tennant Co                             | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |      5100 | NS      | $324003.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp                             | Terex Corp                             | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |      5400 | NS      | $247914.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                    | Terreno Realty Corp                    | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7500 | NS      | $439800.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Machinery Inc                    | Titan Machinery Inc                    | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |     34700 | NS      | $1527841.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc                      | Toll Brothers Inc                      | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      9200 | NS      | $440772.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries Inc            | Tootsie Roll Industries Inc            | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |     16068 | NS      | $722256.60    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                       | TriCo Bancshares                       | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6000 | NS      | $327000.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bank Money Market Deposit Account | U.S. Bank Money Market Deposit Account | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1857650 | NS      | $1857650.36   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                     | UFP Industries Inc                     | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     11000 | NS      | $900460.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties Inc                     | UMH Properties Inc                     | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     29900 | NS      | $526539.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc                   | Urban Outfitters Inc                   | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     22600 | NS      | $654044.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Verint Systems Inc                     | Verint Systems Inc                     | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |      8400 | NS      | $330372.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp                    | Verra Mobility Corp                    | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     56600 | NS      | $897110.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc                    | Viavi Solutions Inc                    | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |     45100 | NS      | $510983.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Weis Markets Inc                       | Weis Markets Inc                       | CUSIP: 948849104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4700 | NS      | $409887.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc                 | Werner Enterprises Inc                 | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |     10700 | NS      | $470586.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc                | WESCO International Inc                | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      2300 | NS      | $296516.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica BanCorp                    | Westamerica BanCorp                    | CUSIP: 957090103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10700 | NS      | $660725.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Mobile Mini Holdings          | WillScot Mobile Mini Holdings Corp     | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     12000 | NS      | $578520.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Winmark Corp                           | Winmark Corp                           | CUSIP: 974250102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $600000.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| World Fuel Services Corp               | World Fuel Services Corp               | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     20100 | NS      | $571845.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Zumiez Inc                             | Zumiez Inc                             | CUSIP: 989817101<br>LEI: 549300J0PDF58P6HZD25 | Long             | EC               | CORP              | US        |     19100 | NS      | $444075.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-24

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

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

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

**Title:** CFO COO Treasurer