# EDGAR Filing Document

**Accession Number:** 0001618627
**File Stem:** 0000894189-26-002109
**Filing Date:** 2026-1
**Character Count:** 55461
**Document Hash:** b694fb1063d6381fcdf0f1252fbf913b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-002109.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000894189-26-002109

**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 Trust
- **CENTRAL INDEX KEY:** 0001618627

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23011
- **FILM NUMBER:** 26569437

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

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PENN Capital Funds Trust
- **DATE OF NAME CHANGE:** 20140904

## Series and Classes Contracts Data

### Tweedy, Browne International Insider + Value ETF (Series ID: S000094804)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000263348 | Tweedy, Browne International Insider + Value ETF | ICPY            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Tweedy, Browne International Insider + Value ETF** | **Tweedy, Browne International Insider + Value ETF** | **Tweedy, Browne International Insider + Value ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 97.8%** | **Shares** | **Value**  |
| **Australia - 1.0%** | **Australia - 1.0%** | |
| Magellan Financial Group Ltd. | 7560 | $47102 |
| New Hope Corp. Ltd. | 12240 | 30633 |
|  |  | 77735 |
| **Austria - 3.9%** | **Austria - 3.9%** |  |
| BAWAG Group AG <sup>(a)</sup> | 1080 | 144616 |
| Erste Group Bank AG | 1296 | 141584 |
|  |  | 286200 |
| **Belgium - 1.9%** | **Belgium - 1.9%** |  |
| Colruyt Group N.V | 1152 | 44299 |
| Umicore SA | 3168 | 55691 |
| X-Fab Silicon Foundries SE <sup>(a)(b)</sup> | 6912 | 39428 |
|  |  | 139418 |
| **Bermuda - 0.5%** | **Bermuda - 0.5%** |  |
| Conduit Holdings Ltd. | 7488 | 34047 |
| **Canada - 15.9%** | **Canada - 15.9%** |  |
| Atco Ltd. - Class I | 1584 | 63124 |
| Bank of Nova Scotia | 1008 | 69924 |
| Canadian Imperial Bank of Commerce | 1080 | 93382 |
| Cenovus Energy, Inc. | 2808 | 50094 |
| DPM Metals, Inc. | 6480 | 180844 |
| Mullen Group Ltd. | 5184 | 54198 |
| National Bank of Canada | 648 | 78342 |
| Nutrien Ltd. | 864 | 50265 |
| Paramount Resources Ltd. - Class A | 2016 | 34724 |
| Parex Resources, Inc. | 2952 | 39080 |
| Peyto Exploration & Development Corp. | 5544 | 88945 |
| Power Corp. of Canada | 1656 | 84314 |
| Stella-Jones, Inc. | 1008 | 62819 |
| Tamarack Valley Energy Ltd. | 15408 | 86112 |
| Tourmaline Oil Corp. | 864 | 39767 |
| Whitecap Resources, Inc. | 6552 | 54809 |
| Winpak Ltd. | 1512 | 47693 |
|  |  | 1178436 |
| **Denmark - 1.1%** | **Denmark - 1.1%** |  |
| Jyske Bank AS | 648 | 80292 |
| **Finland - 0.6%** | **Finland - 0.6%** |  |
| Kemira Oyj | 2016 | 45054 |
| **France - 5.0%** | **France - 5.0%** |  |
| Bouygues SA | 1296 | 64694 |
| Coface SA | 3096 | 54533 |
| Metropole Television SA | 3744 | 54391 |
| Sodexo SA | 890 | 47029 |
| Sopra Steria Group | 216 | 33009 |
| Teleperformance SE | 288 | 19797 |
| Television Francaise 1 SA | 6696 | 64644 |
| Verallia SA <sup>(a)</sup> | 1296 | 35881 |
|  |  | 373978 |
| **Germany - 8.1%** | **Germany - 8.1%** |  |
| Bayer AG | 864 | 30563 |
| Brenntag SE | 576 | 33050 |
| Daimler Truck Holding AG | 1008 | 42656 |
| Deutsche Lufthansa AG | 4752 | 45601 |
| DHL Group | 1368 | 71161 |
| Douglas AG <sup>(b)</sup> | 2376 | 34132 |
| HUGO BOSS AG | 1296 | 57536 |
| Mercedes-Benz Group AG | 648 | 43731 |
| ProSiebenSat.1 Media SE | 7560 | 42703 |
| Puma SE | 1728 | 40001 |
| SAF-Holland SE <sup>(b)</sup> | 3744 | 62993 |
| Schaeffler AG | 7056 | 54528 |
| Stabilus SE | 1656 | 40256 |
|  |  | 598911 |
| **Hong Kong - 0.9%** | **Hong Kong - 0.9%** |  |
| Prudential PLC | 4608 | 66699 |
| **Hungary - 2.0%** | **Hungary - 2.0%** |  |
| MOL Hungarian Oil & Gas PLC | 5585 | 49452 |
| OTP Bank Nyrt | 942 | 98055 |
|  |  | 147507 |
| **Italy - 5.3%** | **Italy - 5.3%** |  |
| BFF Bank SpA <sup>(a)(b)</sup> | 4680 | 59463 |
| Brembo NV | 5328 | 56754 |
| Buzzi SpA | 792 | 48799 |
| MFE-MediaForEurope NV | 9720 | 46220 |
| Piaggio & C SpA | 18432 | 39909 |
| Pirelli & C SpA <sup>(a)</sup> | 9144 | 63555 |
| Sanlorenzo SpA | 1440 | 50795 |
| Zignago Vetro SpA | 3672 | 30806 |
|  |  | 396301 |
| **Luxembourg - 1.0%** | **Luxembourg - 1.0%** |  |
| Befesa SA <sup>(a)</sup> | 2232 | 71170 |
| **Netherlands - 1.0%** | **Netherlands - 1.0%** |  |
| AMG Critical Materials NV | 1152 | 35343 |
| Fugro NV | 3816 | 38456 |
|  |  | 73799 |
| **Norway - 0.9%** | **Norway - 0.9%** |  |
| DNB Bank ASA | 2592 | 69295 |
| **Philippines - 0.5%** | **Philippines - 0.5%** |  |
| Semirara Mining & Power Corp. | 82000 | 40689 |
| **Portugal - 0.6%** | **Portugal - 0.6%** |  |
| Altri SGPS SA | 8784 | 46478 |
| **Singapore - 3.7%** | **Singapore - 3.7%** |  |
| First Resources Ltd. | 40186 | 64194 |
| Hafnia Ltd. | 9792 | 58654 |
| UMS Integration Ltd. | 54193 | 58130 |
| United Overseas Bank Ltd. | 2106 | 55224 |
| Wilmar International Ltd. | 14050 | 35129 |
|  |  | 271331 |
| **South Africa - 1.9%** | **South Africa - 1.9%** |  |
| MTN Group Ltd. | 6912 | 63775 |
| Sibanye Stillwater Ltd. <sup>(b)</sup> | 23256 | 75947 |
|  |  | 139722 |
| **South Korea - 9.2%** | **South Korea - 9.2%** |  |
| DB Insurance Co. Ltd. | 767 | 64931 |
| Hana Financial Group, Inc. | 1064 | 67501 |
| Hyundai Glovis Co. Ltd. | 701 | 78363 |
| Innocean Worldwide, Inc. | 4052 | 49953 |
| KB Financial Group, Inc. | 795 | 67464 |
| KT Corp. - ADR | 4320 | 79315 |
| KT&G Corp. | 617 | 61043 |
| LG Electronics, Inc. | 443 | 25785 |
| LG H&H Co. Ltd. | 133 | 25006 |
| LG Innotek Co. Ltd. | 214 | 34487 |
| LG Uplus Corp. | 6559 | 67167 |
| Samsung Electronics Co. Ltd. | 925 | 63212 |
|  |  | 684227 |
| **Spain - 6.2%** | **Spain - 6.2%** |  |
| Acciona SA | 288 | 57780 |
| Acerinox SA | 4464 | 63038 |
| Banco Santander SA | 10728 | 115059 |
| Bankinter SA | 6048 | 95161 |
| Gestamp Automocion SA <sup>(a)</sup> | 19800 | 68282 |
| Repsol SA | 3168 | 58742 |
|  |  | 458062 |
| **Sweden - 7.4%** | **Sweden - 7.4%** |  |
| Billerud Aktiebolag | 5472 | 54105 |
| Boliden AB <sup>(b)</sup> | 1656 | 79247 |
| Intrum AB <sup>(b)</sup> | 6048 | 24951 |
| Norion Bank AB <sup>(b)</sup> | 11160 | 76125 |
| Skandinaviska Enskilda Banken AB - Class A | 3672 | 73061 |
| SKF AB - Class B | 2160 | 56510 |
| Svenska Handelsbanken AB - Class A | 5184 | 71875 |
| Volvo AB - Class B | 2160 | 64701 |
| Volvo Car AB <sup>(b)</sup> | 13896 | 46408 |
|  |  | 546983 |
| **United Kingdom - 19.2%** | **United Kingdom - 19.2%** |  |
| B&M European Value Retail SA | 24761 | 55359 |
| Beazley PLC | 6624 | 69926 |
| Berkeley Group Holdings PLC | 864 | 42956 |
| Breedon Group PLC | 10080 | 43845 |
| British American Tobacco PLC | 1440 | 84270 |
| Burberry Group PLC <sup>(b)</sup> | 6624 | 99913 |
| CNH Industrial NV | 4536 | 42775 |
| Computacenter PLC | 1440 | 56612 |
| Domino's Pizza Group PLC | 21387 | 49458 |
| Drax Group PLC | 6552 | 64439 |
| GSK PLC | 2448 | 58036 |
| Howden Joinery Group PLC | 4824 | 53702 |
| IG Group Holdings PLC | 4896 | 73557 |
| Inchcape PLC | 4608 | 46997 |
| JD Sports Fashion PLC | 22392 | 22900 |
| JET2 PLC | 3528 | 65660 |
| Johnson Matthey PLC | 2808 | 73967 |
| OSB Group PLC | 11160 | 84572 |
| Persimmon PLC | 3024 | 53438 |
| Pets at Home Group PLC | 16848 | 49421 |
| Shell PLC | 1512 | 55710 |
| TORM PLC - Class A | 2448 | 52412 |
| Vodafone Group PLC | 56520 | 70341 |
| Watches of Switzerland Group PLC <sup>(a)(b)</sup> | 8280 | 52675 |
|  |  | 1422941 |
| **TOTAL COMMON STOCKS** (Cost $7,057,724) | **TOTAL COMMON STOCKS** (Cost $7,057,724) | 7249275 |
| **PREFERRED STOCKS - 1.0%** | **Shares** | **Value**  |
| **Germany - 1.0%** | **Germany - 1.0%** |  |
|  Dr Ing hc F Porsche AG <sup>(a)</sup> | 504 | 26106 |
|  Volkswagen AG | 432 | 49315 |
| **TOTAL PREFERRED STOCKS** (Cost $74,160) | **TOTAL PREFERRED STOCKS** (Cost $74,160) | 75421 |
| **TOTAL INVESTMENTS - 98.8% (**Cost $7,131,884**)** | **TOTAL INVESTMENTS - 98.8% (**Cost $7,131,884**)** | 7324696 |
| Other Assets in Excess of Liabilities - 1.2% | Other Assets in Excess of Liabilities - 1.2% | 90256 |
| **TOTAL NET ASSETS - 100.0%** |  | $7414952 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

ADR - American Depositary Receipt <br> PLC - Public Limited Company <br> ASA – Advanced Subscription Agreement

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional
 investors. As of November 30, 2025, the value of these securities total $561,176 or 7.6% of the Fund's net assets.

(b) Non-income producing security.

------

#### Summary of Fair Value Disclosure as of November 30, 2025 (Unaudited)
Tweedy Browne International Insider Plus Value 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>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $7249275 | $– | $– | $7249275 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 75421 | – | – | 75421 |
| Total Investments | $7324696 | $– | $– | $7324696 |
| 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. |

---

## 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 Trust

- **b. Investment Company Act file number:** 811-23011

- **c. CIK number of Registrant:** 0001618627

- **d. LEI of Registrant:** 549300LEC95RYURPL757

- **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:** Tweedy Browne International Insider + Value ETF

- **b. EDGAR series identifier (if any):** S000094804

- **c. LEI of Series:** 529900QLPM2CR2UEKF54

**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:** $7475485.19

**Total Liabilities:** $60370.81

**Net Assets:** $7415114.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000263348 | 0.83%                | 0.49%                | 2.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-440.61                 | $1091.64                                   |
| Month 2  | $-690.16                 | $15645.02                                  |
| Month 3  | $-1870.27                | $176113.17                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Bayer AG                               | Bayer AG                               | CUSIP: N/A<br>LEI: 549300J4U55H3WP1XT59       | Long             | EC               | CORP              | DE        |       864 | NS      | $30562.47     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| First Resources Ltd                    | First Resources Ltd                    | CUSIP: N/A<br>LEI: 5493007RRD817HUP4O49       | Long             | EC               | CORP              | SG        |     40186 | NS      | $64193.40     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| BFF Bank SpA                           | BFF Bank SpA                           | CUSIP: N/A<br>LEI: 815600522538355AE429       | Long             | EC               | CORP              | IT        |      4680 | NS      | $59463.22     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Befesa SA                              | Befesa SA                              | CUSIP: N/A<br>LEI: 222100VXGA8L6J4ZWG61       | Long             | EC               | CORP              | LU        |      2232 | NS      | $71170.40     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Coface SA                              | Coface SA                              | CUSIP: N/A<br>LEI: 96950025N07LTJYFSN57       | Long             | EC               | CORP              | FR        |      3096 | NS      | $54533.23     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Boliden AB                             | Boliden AB                             | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |      1656 | NS      | $79246.79     | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BAWAG Group AG                         | BAWAG Group AG                         | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |      1080 | NS      | $144616.56    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Stella-Jones Inc                       | Stella-Jones Inc                       | CUSIP: 85853F105<br>LEI: 5493007LOVNNLYJ6KZ35 | Long             | EC               | CORP              | CA        |      1008 | NS      | $62819.22     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleperformance SE                     | Teleperformance SE                     | CUSIP: N/A<br>LEI: 9695004GI61FHFFNRG61       | Long             | EC               | CORP              | FR        |       288 | NS      | $19796.85     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sodexo SA                              | Sodexo SA                              | CUSIP: N/A<br>LEI: 969500LCBOG12HXPYM84       | Long             | EC               | CORP              | FR        |       890 | NS      | $47029.62     | 0.63%             |  |  |  | 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        |     87795 | NS      | $87794.70     | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zignago Vetro SpA                      | Zignago Vetro SpA                      | CUSIP: N/A<br>LEI: 815600DFC29A91FF0C71       | Long             | EC               | CORP              | IT        |      3672 | NS      | $30805.58     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Stabilus SE                            | Stabilus SE                            | CUSIP: N/A<br>LEI: 529900JOSL94HJN4VZ28       | Long             | EC               | CORP              | DE        |      1656 | NS      | $40256.20     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Skandinaviska Enskilda Banken          | Skandinaviska Enskilda Banken AB       | CUSIP: N/A<br>LEI: F3JS33DEI6XQ4ZBPTN86       | Long             | EC               | CORP              | SE        |      3672 | NS      | $73061.57     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Sopra Steria Group                     | Sopra Steria Group                     | CUSIP: N/A<br>LEI: 96950020QIOHAAK9V551       | Long             | EC               | CORP              | FR        |       216 | NS      | $33008.67     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| United Overseas Bank Ltd               | United Overseas Bank Ltd               | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |      2106 | NS      | $55223.89     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| SKF AB                                 | SKF AB                                 | CUSIP: N/A<br>LEI: 549300B6HWYEE57O8J84       | Long             | EC               | CORP              | SE        |      2160 | NS      | $56510.06     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitecap Resources Inc                 | Whitecap Resources Inc                 | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |      6552 | NS      | $54809.03     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                     | Vodafone Group PLC                     | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |     56520 | NS      | $70341.39     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Verallia SA                            | Verallia SA                            | CUSIP: N/A<br>LEI: 5299007YZU978DE0ZY32       | Long             | EC               | CORP              | FR        |      1296 | NS      | $35880.95     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sibanye Stillwater Ltd                 | Sibanye Stillwater Ltd                 | CUSIP: N/A<br>LEI: 378900F238434B74D281       | Long             | EC               | CORP              | ZA        |     23256 | NS      | $75946.83     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CIBC                                   | Canadian Imperial Bank of Commerce     | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |      1080 | NS      | $93381.80     | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Winpak Ltd                             | Winpak Ltd                             | CUSIP: 97535P104<br>LEI: 549300FWDGJBHZHH8U59 | Long             | EC               | CORP              | CA        |      1512 | NS      | $47693.27     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Volkswagen AG                          | Volkswagen AG                          | CUSIP: N/A<br>LEI: 529900NNUPAGGOMPXZ31       | Long             | EP               | CORP              | DE        |       432 | NS      | $49315.00     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Buzzi SpA                              | Buzzi SpA                              | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |       792 | NS      | $48798.69     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Umicore SA                             | Umicore SA                             | CUSIP: N/A<br>LEI: 529900F3AIQECS8ZSV61       | Long             | EC               | CORP              | BE        |      3168 | NS      | $55691.16     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanlorenzo SpA/Ameglia                 | Sanlorenzo SpA/Ameglia                 | CUSIP: N/A<br>LEI: 8156006C71E895860132       | Long             | EC               | CORP              | IT        |      1440 | NS      | $50795.42     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                              | Shell PLC                              | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |      1512 | NS      | $55709.79     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Atco Ltd/Canada                        | Atco Ltd/Canada                        | CUSIP: 046789400<br>LEI: 5299005SPZ1QYL51JD25 | Long             | EC               | CORP              | CA        |      1584 | NS      | $63124.23     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropole Television SA                | Metropole Television SA                | CUSIP: N/A<br>LEI: 96950018NOMJX5XRH047       | Long             | EC               | CORP              | FR        |      3744 | NS      | $54391.20     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Television Francaise 1 SA              | Television Francaise 1 SA              | CUSIP: N/A<br>LEI: 969500WQFC6OAQYG7E65       | Long             | EC               | CORP              | FR        |      6696 | NS      | $64643.85     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| UMS Integration Ltd                    | UMS Integration Ltd                    | CUSIP: Y9050L106<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     54193 | NS      | $58130.39     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| New Hope Corp Ltd                      | New Hope Corp Ltd                      | CUSIP: N/A<br>LEI: 254900DHRUGXZSLSNZ83       | Long             | EC               | CORP              | AU        |     12240 | NS      | $30632.68     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Oil Corp                    | Tourmaline Oil Corp                    | CUSIP: 89156V106<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |       864 | NS      | $39767.06     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Mullen Group Ltd                       | Mullen Group Ltd                       | CUSIP: 625284104<br>LEI: 549300KLU7H5NA3I5P62 | Long             | EC               | CORP              | CA        |      5184 | NS      | $54197.46     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Parex Resources Inc                    | Parex Resources Inc                    | CUSIP: 69946Q104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2952 | NS      | $39079.75     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Peyto Exploration & Developmen         | Peyto Exploration & Development Corp   | CUSIP: 717046106<br>LEI: 98450004AE67F646C503 | Long             | EC               | CORP              | CA        |      5544 | NS      | $88945.21     | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ProSiebenSat.1 Media SE                | ProSiebenSat.1 Media SE                | CUSIP: N/A<br>LEI: 529900NY0WWQUKOMWQ37       | Long             | EC               | CORP              | DE        |      7560 | NS      | $42703.24     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MFE-MediaForEurope NV                  | MFE-MediaForEurope NV                  | CUSIP: N/A<br>LEI: 213800DIFN7NR7B97A50       | Long             | EC               | CORP              | IT        |      9720 | NS      | $46219.65     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Semirara Mining & Power Corp           | Semirara Mining & Power Corp           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PH        |     82000 | NS      | $40688.89     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Schaeffler AG                          | Schaeffler AG                          | CUSIP: N/A<br>LEI: 549300Q7E782X7GC1P43       | Long             | EC               | CORP              | DE        |      7056 | NS      | $54528.21     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Howden Joinery Group PLC               | Howden Joinery Group PLC               | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |      4824 | NS      | $53702.17     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Canada                | National Bank of Canada                | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |       648 | NS      | $78342.41     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Magellan Financial Group Ltd           | Magellan Financial Group Ltd           | CUSIP: N/A<br>LEI: 549300X5WFW6USQQ9U26       | Long             | EC               | CORP              | AU        |      7560 | NS      | $47102.34     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc               | Hana Financial Group Inc               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      1064 | NS      | $67501.58     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Glovis Co Ltd                  | Hyundai Glovis Co Ltd                  | CUSIP: N/A<br>LEI: 988400U6RDXNJ5ZRN304       | Long             | EC               | CORP              | KR        |       701 | NS      | $78362.90     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Inchcape PLC                           | Inchcape PLC                           | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |      4608 | NS      | $46997.38     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                            | Nutrien Ltd                            | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |       864 | NS      | $50265.27     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Norion Bank AB                         | Norion Bank AB                         | CUSIP: N/A<br>LEI: 529900AGWAKUTYNETM62       | Long             | EC               | CORP              | SE        |     11160 | NS      | $76124.62     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| OSB Group PLC                          | OSB Group PLC                          | CUSIP: N/A<br>LEI: 213800ZBKL9BHSL2K459       | Long             | EC               | CORP              | GB        |     11160 | NS      | $84572.31     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Svenska Handelsbanken AB               | Svenska Handelsbanken AB               | CUSIP: W9112U104<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | EC               | CORP              | SE        |      5184 | NS      | $71875.31     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Innocean Worldwide Inc                 | Innocean Worldwide Inc                 | CUSIP: N/A<br>LEI: 9884004U41HRH3VEBX04       | Long             | EC               | CORP              | KR        |      4052 | NS      | $49952.58     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Pirelli & C SpA                        | Pirelli & C SpA                        | CUSIP: N/A<br>LEI: 815600A0C9AFC1F2A709       | Long             | EC               | CORP              | IT        |      9144 | NS      | $63555.26     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Persimmon PLC                          | Persimmon PLC                          | CUSIP: N/A<br>LEI: 213800XI72Y57UWN6F31       | Long             | EC               | CORP              | GB        |      3024 | NS      | $53438.17     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Bouygues SA                            | Bouygues SA                            | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |      1296 | NS      | $64693.98     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                    | Erste Group Bank AG                    | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |      1296 | NS      | $141583.88    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Bankinter SA                           | Bankinter SA                           | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |      6048 | NS      | $95161.21     | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Resources Ltd                | Paramount Resources Ltd                | CUSIP: 699320206<br>LEI: 549300JSO4G6XV6Y5V84 | Long             | EC               | CORP              | CA        |      2016 | NS      | $34724.05     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Drax Group PLC                         | Drax Group PLC                         | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |      6552 | NS      | $64439.36     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Pets at Home Group Plc                 | Pets at Home Group Plc                 | CUSIP: N/A<br>LEI: 2138003Y9ULD24PD3J93       | Long             | EC               | CORP              | GB        |     16848 | NS      | $49420.44     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                       | Deutsche Post AG                       | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |      1368 | NS      | $71161.21     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Colruyt Group N.V                      | Colruyt Group N.V                      | CUSIP: N/A<br>LEI: 5493000O0NZ1BCXO8K39       | Long             | EC               | CORP              | BE        |      1152 | NS      | $44298.95     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Electronics Inc                     | LG Electronics Inc                     | CUSIP: N/A<br>LEI: 988400RMQFTGZIOG0609       | Long             | EC               | CORP              | KR        |       443 | NS      | $25785.06     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd             | Samsung Electronics Co Ltd             | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |       925 | NS      | $63211.85     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| OTP Bank Nyrt                          | OTP Bank Nyrt                          | CUSIP: N/A<br>LEI: 529900W3MOO00A18X956       | Long             | EC               | CORP              | HU        |       942 | NS      | $98054.88     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Wilmar International Ltd               | Wilmar International Ltd               | CUSIP: N/A<br>LEI: 549300H2EAI4YRLWBB20       | Long             | EC               | CORP              | SG        |     14050 | NS      | $35129.07     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Tamarack Valley Energy Ltd             | Tamarack Valley Energy Ltd             | CUSIP: 87505Y409<br>LEI: 549300TLKPX8BE14MH06 | Long             | EC               | CORP              | CA        |     15408 | NS      | $86111.47     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Breedon Group PLC                      | Breedon Group PLC                      | CUSIP: N/A<br>LEI: 213800DQGNQE3X76WS92       | Long             | EC               | CORP              | GB        |     10080 | NS      | $43844.65     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Brembo NV                              | Brembo NV                              | CUSIP: N/A<br>LEI: 549300BLWVJN2BAT0A44       | Long             | EC               | CORP              | IT        |      5328 | NS      | $56753.86     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG                 | Mercedes-Benz Group AG                 | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |       648 | NS      | $43730.85     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Cenovus Energy Inc                     | Cenovus Energy Inc                     | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |      2808 | NS      | $50093.70     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Gestamp Automocion SA                  | Gestamp Automocion SA                  | CUSIP: N/A<br>LEI: 95980020140005484363       | Long             | EC               | CORP              | ES        |     19800 | NS      | $68281.41     | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr Ing hc F Porsche AG                 | Dr Ing hc F Porsche AG                 | CUSIP: N/A<br>LEI: 529900EWEX125AULXI58       | Long             | EP               | CORP              | DE        |       504 | NS      | $26106.17     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| KT Corp                                | KT Corp                                | CUSIP: 48268K101<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |      4320 | NS      | $79315.20     | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DB Insurance Co Ltd                    | DB Insurance Co Ltd                    | CUSIP: N/A<br>LEI: 9884000ZF26VNJBWSJ91       | Long             | EC               | CORP              | KR        |       767 | NS      | $64931.49     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Uplus Corp                          | LG Uplus Corp                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      6559 | NS      | $67166.59     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| JET2 PLC                               | JET2 PLC                               | CUSIP: N/A<br>LEI: I72RQ3PNLDPW8R7JIJ56       | Long             | EC               | CORP              | GB        |      3528 | NS      | $65660.23     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Brenntag SE                            | Brenntag SE                            | CUSIP: N/A<br>LEI: NNROIXVWJ7CPSR27SV97       | Long             | EC               | CORP              | DE        |       576 | NS      | $33050.44     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MOL Hungarian Oil & Gas PLC            | MOL Hungarian Oil & Gas PLC            | CUSIP: N/A<br>LEI: 213800R83KX5FQFGXS67       | Long             | EC               | CORP              | HU        |      5585 | NS      | $49451.72     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Fugro NV                               | Fugro NV                               | CUSIP: N/A<br>LEI: 7245000R8GNBSDTSZ396       | Long             | EC               | CORP              | NL        |      3816 | NS      | $38456.23     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas AG                             | Douglas AG                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | DE        |      2376 | NS      | $34131.51     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                      | CNH Industrial NV                      | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | GB        |      4536 | NS      | $42774.48     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| AMG Critical Materials NV              | AMG Critical Materials NV              | CUSIP: N/A<br>LEI: 5493006MN6OH67U2YI74       | Long             | EC               | CORP              | NL        |      1152 | NS      | $35342.92     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| B&M European Value Retail SA           | B&M European Value Retail SA           | CUSIP: L1175H106<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | GB        |     24761 | NS      | $55358.76     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| X-Fab Silicon Foundries SE             | X-Fab Silicon Foundries SE             | CUSIP: N/A<br>LEI: 5493003UDPENPUQBJH65       | Long             | EC               | CORP              | BE        |      6912 | NS      | $39427.94     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Watches of Switzerland Group P         | Watches of Switzerland Group PLC       | CUSIP: N/A<br>LEI: 2138008ZOT5K9PJW7168       | Long             | EC               | CORP              | GB        |      8280 | NS      | $52674.77     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC           | British American Tobacco PLC           | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |      1440 | NS      | $84269.72     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Puma SE                                | Puma SE                                | CUSIP: N/A<br>LEI: 529900GRZ2BQY5ZM9N49       | Long             | EC               | CORP              | DE        |      1728 | NS      | $40001.39     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Acciona SA                             | Acciona SA                             | CUSIP: N/A<br>LEI: 54930002KP75TLLLNO21       | Long             | EC               | CORP              | ES        |       288 | NS      | $57779.79     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Repsol SA                              | Repsol SA                              | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |      3168 | NS      | $58742.23     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                     | Banco Santander SA                     | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |     10728 | NS      | $115058.89    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KT&G Corp                              | KT&G Corp                              | CUSIP: N/A<br>LEI: 988400ZJV6ISYBLQX875       | Long             | EC               | CORP              | KR        |       617 | NS      | $61043.42     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| LG H&H Co Ltd                          | LG H&H Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       133 | NS      | $25005.61     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Jyske Bank A/S                         | Jyske Bank A/S                         | CUSIP: N/A<br>LEI: 3M5E1GQGKL17HI6CPN30       | Long             | EC               | CORP              | DK        |       648 | NS      | $80292.10     | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Altri SGPS SA                          | Altri SGPS SA                          | CUSIP: N/A<br>LEI: 213800AKSTYRLHY3X497       | Long             | EC               | CORP              | PT        |      8784 | NS      | $46477.81     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Conduit Holdings Ltd                   | Conduit Holdings Ltd                   | CUSIP: N/A<br>LEI: 21380085AE62D1BXSF19       | Long             | EC               | CORP              | BM        |      7488 | NS      | $34047.18     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| DNB Bank ASA                           | DNB Bank ASA                           | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |      2592 | NS      | $69295.22     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Daimler Truck Holding AG               | Daimler Truck Holding AG               | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |      1008 | NS      | $42656.46     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Computacenter PLC                      | Computacenter PLC                      | CUSIP: N/A<br>LEI: 549300XSXUZ1I19DB105       | Long             | EC               | CORP              | GB        |      1440 | NS      | $56611.87     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Group PLC               | Domino's Pizza Group PLC               | CUSIP: N/A<br>LEI: 213800Q6ZKHAOV48JL75       | Long             | EC               | CORP              | GB        |     21387 | NS      | $49457.40     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Matthey PLC                    | Johnson Matthey PLC                    | CUSIP: N/A<br>LEI: 2138001AVBSD1HSC6Z10       | Long             | EC               | CORP              | GB        |      2808 | NS      | $73967.12     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TORM PLC                               | TORM PLC                               | CUSIP: N/A<br>LEI: 213800VL1H1ABVM1ZF63       | Long             | EC               | CORP              | GB        |      2448 | NS      | $52411.68     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia/The                | Bank of Nova Scotia/The                | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |      1008 | NS      | $69924.16     | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Corp of Canada                   | Power Corp of Canada                   | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |      1656 | NS      | $84313.86     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Burberry Group PLC                     | Burberry Group PLC                     | CUSIP: N/A<br>LEI: 213800PE1KEFCNFR1R50       | Long             | EC               | CORP              | GB        |      6624 | NS      | $99913.27     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Lufthansa AG                  | Deutsche Lufthansa AG                  | CUSIP: N/A<br>LEI: 529900PH63HYJ86ASW55       | Long             | EC               | CORP              | DE        |      4752 | NS      | $45600.58     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Billerud Aktiebolag                    | Billerud Aktiebolag                    | CUSIP: N/A<br>LEI: 549300YJUYJ9A24RXL71       | Long             | EC               | CORP              | SE        |      5472 | NS      | $54104.76     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Acerinox SA                            | Acerinox SA                            | CUSIP: N/A<br>LEI: 95980020140005582721       | Long             | EC               | CORP              | ES        |      4464 | NS      | $63038.12     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| HUGO BOSS AG                           | HUGO BOSS AG                           | CUSIP: N/A<br>LEI: 529900LFVU534EBRXD13       | Long             | EC               | CORP              | DE        |      1296 | NS      | $57535.84     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| JD Sports Fashion PLC                  | JD Sports Fashion PLC                  | CUSIP: G5144Y120<br>LEI: 213800HROV6Y9MUU8375 | Long             | EC               | CORP              | GB        |     22392 | NS      | $22900.03     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkeley Group Holdings PLC            | Berkeley Group Holdings PLC            | CUSIP: N/A<br>LEI: 2138009OQSSLVVHQAL78       | Long             | EC               | CORP              | GB        |       864 | NS      | $42956.40     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Beazley PLC                            | Beazley PLC                            | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |      6624 | NS      | $69926.14     | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential PLC                         | Prudential PLC                         | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | HK        |      4608 | NS      | $66699.07     | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Intrum AB                              | Intrum AB                              | CUSIP: N/A<br>LEI: 549300UNCO2FCUWXX470       | Long             | EC               | CORP              | SE        |      6048 | NS      | $24951.37     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| IG Group Holdings PLC                  | IG Group Holdings PLC                  | CUSIP: N/A<br>LEI: 2138003A5Q1M7ANOUD76       | Long             | EC               | CORP              | GB        |      4896 | NS      | $73557.30     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc                 | KB Financial Group Inc                 | CUSIP: N/A<br>LEI: 529900TKE4MXG3Q6GW86       | Long             | EC               | CORP              | KR        |       795 | NS      | $67464.05     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                | GSK PLC                                | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |      2448 | NS      | $58035.74     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| DPM Metals Inc                         | DPM Metals Inc                         | CUSIP: 26139R109<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |      6480 | NS      | $180843.68    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Hafnia Ltd                             | Hafnia Ltd                             | CUSIP: N/A<br>LEI: 5493001KCFT0SCGJ2647       | Long             | EC               | CORP              | SG        |      9792 | NS      | $58654.08     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemira Oyj                             | Kemira Oyj                             | CUSIP: N/A<br>LEI: 74370031Y7RK5H88CQ48       | Long             | EC               | CORP              | FI        |      2016 | NS      | $45054.20     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MTN Group Ltd                          | MTN Group Ltd                          | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |      6912 | NS      | $63774.80     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Piaggio & C SpA                        | Piaggio & C SpA                        | CUSIP: N/A<br>LEI: 8156000256C2431C2E92       | Long             | EC               | CORP              | IT        |     18432 | NS      | $39909.16     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Volvo AB                               | Volvo AB                               | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |      2160 | NS      | $64700.59     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Innotek Co Ltd                      | LG Innotek Co Ltd                      | CUSIP: N/A<br>LEI: 988400KTHH2LMUX7EB48       | Long             | EC               | CORP              | KR        |       214 | NS      | $34486.79     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SAF-Holland SE                         | SAF-Holland SE                         | CUSIP: N/A<br>LEI: 222100QJQLUJHWREL058       | Long             | EC               | CORP              | DE        |      3744 | NS      | $62993.00     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Volvo Car AB                           | Volvo Car AB                           | CUSIP: N/A<br>LEI: 5299000EAMGGBEYP7J33       | Long             | EC               | CORP              | SE        |     13896 | NS      | $46407.58     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** RBB Fund Trust

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

**Name of Signer:** RBB Fund Trust

**Title:** CFO COO Secretary