# EDGAR Filing Document

**Accession Number:** 0001394166
**File Stem:** 0000940400-25-012122
**Filing Date:** 2025-12
**Character Count:** 75623
**Document Hash:** c37bf640cbea8a33cef4e870710fb251
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-012122.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000940400-25-012122

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Gabelli 787 Fund, Inc.
- **CENTRAL INDEX KEY:** 0001394166

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22041
- **FILM NUMBER:** 251536773

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 1580-1422
- **BUSINESS PHONE:** 800-422-3554

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 1580-1422

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 787 Fund, Inc.
- **DATE OF NAME CHANGE:** 20070322

## Series and Classes Contracts Data

### Enterprise Mergers and Acquisitions Fund (Series ID: S000017793)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000049130 | Class A      | EMAAX           |
| C000049132 | Class C      | EMACX           |
| C000049133 | Class Y      | EMAYX           |
| C000085566 | Class AAA    | EAAAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Gabelli 787 Fund, Inc.

- **b. Investment Company Act file number:** 811-22041

- **c. CIK number of Registrant:** 0001394166

- **d. LEI of Registrant:** 549300W742TTZFXOAO80

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

  - **Street Address 1:** One Corporate Center

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580-1422

  - **Telephone number:** 1-800-422-3554

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

- **a. Name of Series:** Enterprise Mergers and Acquisitions Fund

- **b. EDGAR series identifier (if any):** S000017793

- **c. LEI of Series:** 549300KPY4X7FDNBER92

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $54721207.08

**Total Liabilities:** $1172223.12

**Net Assets:** $53548983.96

**Cash Not Reported:** $1230844.51

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000049132 | -0.29%               | 4.75%                | 1.39%                |
| Class ID C000085566 | -0.19%               | 4.76%                | 1.48%                |
| Class ID C000049133 | -0.11%               | 4.92%                | 1.47%                |
| Class ID C000049130 | -0.19%               | 4.80%                | 1.51%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $246676.72               | $-370716.56                                |
| Month 2  | $70289.04                | $2023248.19                                |
| Month 3  | $-11645.70               | $719742.75                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Energy Transfer LP             | Energy Transfer LP                     | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |     12500 | NS      | $214500.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Channel Outdoor Holdings | Clear Channel Outdoor Holdings Inc     | CUSIP: 18453H106<br>LEI: 254900XBEE6V1ENYS150 | Long             | EC               | CORP              | US        |    290000 | NS      | $458200.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulf Coast Ultra Deep Royalty  | Gulf Coast Ultra Deep Royalty Trust    | CUSIP: 40222T104<br>LEI: 549300LVVWU3NPP3DF95 | Long             | EC               | CORP              | US        |    160000 | NS      | $5216.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Informatica Inc                | Informatica Inc                        | CUSIP: 45674M101<br>LEI: 984500E0DEFFE6DE9588 | Long             | EC               | CORP              | US        |      5000 | NS      | $124200.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp              | Kinross Gold Corp                      | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |      3800 | NS      | $94310.56     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Endesa SA                      | Endesa SA                              | CUSIP: 000000000<br>LEI: 549300LHK07F2CHV4X31 | Long             | EC               | CORP              | ES        |     32000 | NS      | $1022268.82   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd               | WNS Holdings Ltd                       | CUSIP: 000000000<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | IN        |      3000 | NS      | $228810.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimeo Inc                      | Vimeo Inc                              | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |      4000 | NS      | $31000.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp      | California Resources Corp              | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Short            | EC               | CORP              | US        |      -140 | NS      | $-7445.20     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Parrot SA                      | Parrot SA                              | CUSIP: 000000000<br>LEI: 9695000KELLFSASOM232 | Long             | EC               | CORP              | FR        |     11000 | NS      | $113648.04    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Manchester United Plc          | Manchester United Plc                  | CUSIP: 000000000<br>LEI: 529900GWGZPE83MJOV59 | Long             | EC               | CORP              | GB        |     17000 | NS      | $257380.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| scPharmaceuticals Inc          | scPharmaceuticals Inc                  | CUSIP: 810648105<br>LEI: 549300F55SN4ZR2OA180 | Long             | EC               | CORP              | US        |     14000 | NS      | $79380.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Iveco Group NV                 | Iveco Group NV                         | CUSIP: 000000000<br>LEI: 549300ZWF2ZJDD9EOR96 | Long             | EC               | CORP              | IT        |     20000 | NS      | $430993.76    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTRA ADAMAS PHARMACE         | CONTRA ADAMAS PHARMACE                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52000 | NS      | $650.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bio-Rad Laboratories Inc       | Bio-Rad Laboratories Inc               | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |      1200 | NS      | $336468.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| GrainCorp Ltd                  | GrainCorp Ltd                          | CUSIP: 000000000<br>LEI: 529900XVBL825SSW9081 | Long             | EC               | CORP              | AU        |      9900 | NS      | $58957.47     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ICOSAVAX INC                   | ICOSAVAX INC                           | CUSIP: 451CVR021<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $9000.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamada Holdings Co Ltd         | Yamada Holdings Co Ltd                 | CUSIP: 000000000<br>LEI: 353800MDZ4K1DQKLO464 | Long             | EC               | CORP              | JP        |     12400 | NS      | $40700.27     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                    | Viatris Inc                            | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |     40000 | NS      | $396000.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| OPIANT PHARMACEUTICALS INC     | OPIANT PHARMACEUTICALS INC             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $1500.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alerion Cleanpower SpA         | Alerion Cleanpower SpA                 | CUSIP: 000000000<br>LEI: 81560090173FFC67B069 | Long             | EC               | CORP              | IT        |      4200 | NS      | $95069.87     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc              | Herc Holdings Inc                      | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |       300 | NS      | $34998.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                       | UGI Corp                               | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     10000 | NS      | $332600.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| SAGE THERAPEUTICS INC          | SAGE THERAPEUTICS INC                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $750.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Big 5 Sporting Goods Corp      | Big 5 Sporting Goods Corp              | CUSIP: 08915P101<br>LEI: 529900BFAM7VKQMKUC49 | Long             | EC               | CORP              | US        |     50000 | NS      | $72000.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                      | TEGNA Inc                              | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |     63000 | NS      | $1280790.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| PharmaSGP Holding SE           | PharmaSGP Holding SE                   | CUSIP: 000000000<br>LEI: 3912005CZ12PVVCIPT91 | Long             | EC               | CORP              | DE        |      1000 | NS      | $36278.15     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Ducommun Inc                   | Ducommun Inc                           | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |      1200 | NS      | $115356.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardagh Metal Packaging SA      | Ardagh Metal Packaging SA              | CUSIP: 000000000<br>LEI: 5493009WKQTU4FN9G032 | Long             | EC               | CORP              | LU        |     10000 | NS      | $39900.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cross Country Healthcare Inc   | Cross Country Healthcare Inc           | CUSIP: 227483104<br>LEI: 54930037L0NBIPZ5S663 | Long             | EC               | CORP              | US        |      2000 | NS      | $28400.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Bio Inc             | Tourmaline Bio Inc                     | CUSIP: 89157D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15000 | NS      | $717450.00    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Bang & Olufsen A/S             | Bang & Olufsen A/S                     | CUSIP: 000000000<br>LEI: 52990018KGR3ILFDNJ20 | Long             | EC               | CORP              | DK        |      4500 | NS      | $9087.69      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBIREO PHARMA INC             | ALBIREO PHARMA INC                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $9000.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Schmitt Industries Inc         | Schmitt Industries Inc                 | CUSIP: 806870200<br>LEI: 5299003BMFILFJNCJG46 | Long             | EC               | CORP              | US        |    550000 | NS      | $8250.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sinclair Inc                   | Sinclair Inc                           | CUSIP: 829242106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33000 | NS      | $498300.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Merus NV                       | Merus NV                               | CUSIP: 000000000<br>LEI: 549300W8GPUWU8QNU293 | Long             | EC               | CORP              | NL        |      2000 | NS      | $188300.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimvie Inc                     | Zimvie Inc                             | CUSIP: 98888T107<br>LEI: 549300GFKURT1J6XR665 | Long             | EC               | CORP              | US        |      6000 | NS      | $113640.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sapiens International Corp NV  | Sapiens International Corp NV          | CUSIP: 000000000<br>LEI: 2549009P4ZS02GC5QV68 | Long             | EC               | CORP              | IL        |      2000 | NS      | $86000.00     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ABIOMED Inc                    | ABIOMED Inc                            | CUSIP: 003CVR016<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6700 | NS      | $10720.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MultiChoice Group              | MultiChoice Group                      | CUSIP: 000000000<br>LEI: 254900BVQQ7DFBMSVJ81 | Long             | EC               | CORP              | ZA        |     20000 | NS      | $145026.06    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Insurance Holdings Ltd   | Aspen Insurance Holdings Ltd           | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EC               | CORP              | BM        |      4000 | NS      | $146840.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGILON THERAPEUTICS INC CVR   | SIGILON THERAPEUTICS INC CVR           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       500 | NS      | $3775.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Alamos Gold Inc                | Alamos Gold Inc                        | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |     36500 | NS      | $1272390.00   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Scientific Inc            | Core Scientific Inc                    | CUSIP: 21874A106<br>LEI: 5299003RGB2LAZ65RK73 | Long             | EC               | CORP              | US        |       200 | NS      | $3588.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stratasys Ltd                  | Stratasys Ltd                          | CUSIP: 000000000<br>LEI: 529900MU215GIP9SZ741 | Long             | EC               | CORP              | US        |     33000 | NS      | $369600.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Copper Corp            | Horizon Copper Corp                    | CUSIP: 44057J108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    539200 | NS      | $767130.85    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc | Telephone and Data Systems Inc         | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8500 | NS      | $333540.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| VIGIL NEUROSCIENCE INC         | VIGIL NEUROSCIENCE INC                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65000 | NS      | $3250.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Monogram Technologies Inc      | Monogram Technologies Inc              | CUSIP: 609786108<br>LEI: 549300ZJ3SWODJZ0FY92 | Long             | EC               | CORP              | US        |      2000 | NS      | $11740.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NII Holdings Escrow            | NII Holdings Escrow                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    380321 | NS      | $133112.35    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Ework Group AB                 | Ework Group AB                         | CUSIP: 000000000<br>LEI: 549300WF2ILKHMGV9I45 | Long             | EC               | CORP              | SE        |      2000 | NS      | $23453.43     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TELUS International CDA Inc    | TELUS International CDA Inc            | CUSIP: 87975H100<br>LEI: 549300VLM68O3RZJ7X31 | Long             | EC               | CORP              | CA        |    150000 | NS      | $672000.00    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp         | Liberty Broadband Corp                 | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |      3500 | NS      | $222390.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $313350.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke KPN NV             | Koninklijke KPN NV                     | CUSIP: 000000000<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |    200000 | NS      | $959668.47    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Plymouth Industrial REIT Inc   | Plymouth Industrial REIT Inc           | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12000 | NS      | $267960.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc    | Atlanta Braves Holdings Inc            | CUSIP: 047726104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22000 | NS      | $1000340.00   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Verona Pharma PLC              | Verona Pharma PLC                      | CUSIP: 925050106<br>LEI: 213800EVI6O6J3TIAL06 | Long             | EC               | CORP              | GB        |     11000 | NS      | $1173810.00   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent PLC               | Severn Trent PLC                       | CUSIP: 000000000<br>LEI: 213800RPBXRETY4A4C59 | Long             | EC               | CORP              | GB        |     16000 | NS      | $556896.19    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CHECKPOINT THERAPEUTICS INC    | CHECKPOINT THERAPEUTICS INC            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $5000.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Lennar Corp                    | Lennar Corp                            | CUSIP: 526057302<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      2400 | NS      | $287976.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp       | Pan American Silver Corp               | CUSIP: 697900132<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    400000 | NS      | $139960.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PARAGON 28 INC                 | PARAGON 28 INC                         | CUSIP: 609CVR022<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6000 | NS      | $300.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Metsera Inc                    | Metsera Inc                            | CUSIP: 59267L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1500 | NS      | $78495.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FUSION PHARMACEUTICALS INC     | FUSION PHARMACEUTICALS INC             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12000 | NS      | $6000.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Parkland Corp                  | Parkland Corp                          | CUSIP: 70137W108<br>LEI: 549300UY5C6HUV0XLS53 | Long             | EC               | CORP              | CA        |      4000 | NS      | $110656.03    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Dawson Geophysical Co          | Dawson Geophysical Co                  | CUSIP: 239360100<br>LEI: 549300R9G1EAMSMLXR09 | Long             | EC               | CORP              | US        |     66000 | NS      | $116160.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Meridianlink Inc               | Meridianlink Inc                       | CUSIP: 58985J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $79720.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CNFinance Holdings Ltd         | CNFinance Holdings Ltd                 | CUSIP: 18979T204<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |       200 | NS      | $838.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One | CUSIP: 531229771<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $285660.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| iRobot Corp                    | iRobot Corp                            | CUSIP: 462726100<br>LEI: 5493009PRNKOUKBAT390 | Long             | EC               | CORP              | US        |      7900 | NS      | $28361.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Altaba Inc Escrow              | Altaba Inc Escrow                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $40500.00     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Millicom International Cellula | Millicom International Cellular SA     | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |     27500 | NS      | $1334850.00   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc         | Digi International Inc                 | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |      2000 | NS      | $72920.00     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent | Frontier Communications Parent Inc     | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $186750.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmet Oyj                     | Valmet Oyj                             | CUSIP: 000000000<br>LEI: 213800D9O7FUQDH83V62 | Long             | EC               | CORP              | FI        |      4500 | NS      | $149409.60    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc                | TXNM Energy Inc                        | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |     18500 | NS      | $1046175.00   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CFSB Bancorp Inc               | CFSB Bancorp Inc                       | CUSIP: 12530C107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       500 | NS      | $7070.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nobility Homes Inc             | Nobility Homes Inc                     | CUSIP: 654892108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11510 | NS      | $345300.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp         | Synovus Financial Corp                 | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |      7000 | NS      | $343560.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| DMC Global Inc                 | DMC Global Inc                         | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Long             | EC               | CORP              | US        |      2500 | NS      | $21125.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| THERATECHNOLOGIES INC          | THERATECHNOLOGIES INC                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $1520.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Village Super Market Inc       | Village Super Market Inc               | CUSIP: 927107409<br>LEI: 25490069686XCNNEMQ07 | Long             | EC               | CORP              | US        |     24000 | NS      | $896640.00    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TherapeuticsMD Inc             | TherapeuticsMD Inc                     | CUSIP: 88338N206<br>LEI: 5299004JS7RE49QHRW30 | Long             | EC               | CORP              | US        |      1000 | NS      | $1060.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Potbelly Corp                  | Potbelly Corp                          | CUSIP: 73754Y100<br>LEI: 54930027NUULUR2P5W11 | Long             | EC               | CORP              | US        |       400 | NS      | $6816.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aris Water Solutions Inc       | Aris Water Solutions Inc               | CUSIP: 04041L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8000 | NS      | $197280.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp                   | Navient Corp                           | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |     26000 | NS      | $341900.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co   | Portland General Electric Co           | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     12000 | NS      | $528000.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd             | Liberty Global Ltd                     | CUSIP: 000000000<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | GB        |     50000 | NS      | $573000.00    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE Inc                     | ALLETE Inc                             | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |     11000 | NS      | $730400.00    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp                       | HNI Corp                               | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Short            | EC               | CORP              | US        |      -200 | NS      | $-9370.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                | Brookfield Corp                        | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |      3000 | NS      | $205740.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                       | Fox Corp                               | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     43000 | NS      | $2463470.00   | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                 | Royal Gold Inc                         | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Short            | EC               | CORP              | US        |     -3125 | NS      | $-626812.50   | -1.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Myers Industries Inc           | Myers Industries Inc                   | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |    107500 | NS      | $1821050.00   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                           | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      5000 | NS      | $421550.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| VERVE THERAPEUTICS INC         | VERVE THERAPEUTICS INC                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17000 | NS      | $8500.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Surmodics Inc                  | Surmodics Inc                          | CUSIP: 868873100<br>LEI: 549300H76KXCAAGUS878 | Long             | EC               | CORP              | US        |     29500 | NS      | $881755.00    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINOOK THERAPEUTICS INC CVR   | CHINOOK THERAPEUTICS INC CVR           | CUSIP: 169CVR016<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56000 | NS      | $11200.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Just Eat Takeaway.com NV       | Just Eat Takeaway.com NV               | CUSIP: 000000000<br>LEI: 724500FVZIBSSQ7SHI95 | Long             | EC               | CORP              | NL        |      6000 | NS      | $142224.42    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Idorsia Ltd                    | Idorsia Ltd                            | CUSIP: 000000000<br>LEI: 506700XOVZUB107S5720 | Long             | EC               | CORP              | CH        |      2200 | NS      | $11925.13     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavor Group Holdings Inc    | Endeavor Group Holdings Inc            | CUSIP: 29260Y109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1500 | NS      | $41250.00     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| First Bank/Hamilton NJ         | First Bank/Hamilton NJ                 | CUSIP: 31931U102<br>LEI: 549300YS4CB1171BRJ08 | Long             | EC               | CORP              | US        |      2000 | NS      | $32580.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc              | Omnicom Group Inc                      | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Short            | EC               | CORP              | US        |      -300 | NS      | $-24459.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| AKOUOS INC                     | AKOUOS INC                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $10000.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Cantaloupe Inc                 | Cantaloupe Inc                         | CUSIP: 138103106<br>LEI: 529900O54DBQQVWO9Q85 | Long             | EC               | CORP              | US        |      6000 | NS      | $63420.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Performant Healthcare Inc      | Performant Healthcare Inc              | CUSIP: 71377E105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $30920.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| 89bio Inc                      | 89bio Inc                              | CUSIP: 282559103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3500 | NS      | $51450.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Paratek Pharmaceuticals CVR    | Paratek Pharmaceuticals CVR            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $2000.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Orange Belgium SA              | Orange Belgium SA                      | CUSIP: 000000000<br>LEI: 5493007JS0ZHJVBUWP18 | Long             | EC               | CORP              | BE        |      7000 | NS      | $156148.65    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp         | Liberty Broadband Corp                 | CUSIP: 530307107<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |      3500 | NS      | $221655.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd      | Liberty Latin America Ltd              | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |     12000 | NS      | $101280.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrise Communications AG      | Sunrise Communications AG              | CUSIP: 000000000<br>LEI: 213800RS9HRGTWOGCO08 | Long             | EC               | CORP              | CH        |      5800 | NS      | $342586.52    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Andlauer Healthcare Group Inc  | Andlauer Healthcare Group Inc          | CUSIP: 034223107<br>LEI: 549300FEFF2VDKFOGG32 | Long             | EC               | CORP              | CA        |      6000 | NS      | $227505.93    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV              | CNH Industrial NV                      | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |     40000 | NS      | $434000.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Telesat Corp                   | Telesat Corp                           | CUSIP: 879512309<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     30500 | NS      | $808250.00    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Tredegar Corp                  | Tredegar Corp                          | CUSIP: 894650100<br>LEI: 54930003228ERHCH6K87 | Long             | EC               | CORP              | US        |     45000 | NS      | $361350.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgery Partners Inc           | Surgery Partners Inc                   | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |     10000 | NS      | $216400.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| EPIZYME INCCONTINGENT          | EPIZYME INCCONTINGENT                  | CUSIP: 294CVR014<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28000 | NS      | $560.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ricardo PLC                    | Ricardo PLC                            | CUSIP: 000000000<br>LEI: 213800ZNYAY35F4XB814 | Long             | EC               | CORP              | GB        |     11000 | NS      | $63613.77     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                   | Bel Fuse Inc                           | CUSIP: 077347201<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |       800 | NS      | $93080.00     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp            | Carrier Global Corp                    | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |       800 | NS      | $47760.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co            | Vulcan Materials Co                    | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      8300 | NS      | $2553246.00   | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Grifols SA                     | Grifols SA                             | CUSIP: 398438408<br>LEI: 959800HSSNXWRKBK4N60 | Long             | EC               | CORP              | ES        |      7000 | NS      | $69720.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Emeren Group Ltd               | Emeren Group Ltd                       | CUSIP: 75971T301<br>LEI: 529900AE4IM429A3P568 | Long             | EC               | CORP              | US        |      5300 | NS      | $10017.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/T | Interpublic Group of Cos Inc/The       | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |      1000 | NS      | $27910.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Yext Inc                       | Yext Inc                               | CUSIP: 98585N106<br>LEI: 5299008ZQSBBVH7K0589 | Long             | EC               | CORP              | US        |      2000 | NS      | $17040.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd             | Capri Holdings Ltd                     | CUSIP: 000000000<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | GB        |      6500 | NS      | $129480.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp             | First Horizon Corp                     | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |     10000 | NS      | $226100.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc  | Northwestern Energy Group Inc          | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |      7200 | NS      | $421992.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                | Gen Digital Inc                        | CUSIP: 668771116<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |      4000 | NS      | $27880.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc             | Globus Medical Inc                     | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      2500 | NS      | $143175.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc      | Warner Bros Discovery Inc              | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     13000 | NS      | $253890.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CFT SpA                        | CFT SpA                                | CUSIP: 000000000<br>LEI: 8156006BD7F4AB008C54 | Long             | EC               | CORP              | IT        |     25000 | NS      | $135015.75    | 0.25%             |  |  |  | No            |                  3 | On Loan: No      |
| Algonquin Power & Utilities Co | Algonquin Power & Utilities Corp       | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |     48000 | NS      | $257760.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SGL Carbon SE                  | SGL Carbon SE                          | CUSIP: 000000000<br>LEI: 52990038IB31TYK07X63 | Long             | EC               | CORP              | DE        |     13500 | NS      | $49926.48     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc            | Electronic Arts Inc                    | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |       400 | NS      | $80680.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc              | Flowers Foods Inc                      | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |      3000 | NS      | $39150.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Liv | Liberty Media Corp-Liberty Live        | CUSIP: 531229748<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       128 | NS      | $12070.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX China Holding Inc         | IMAX China Holding Inc                 | CUSIP: 000000000<br>LEI: 254900UPBAZQ2AIEQ396 | Long             | EC               | CORP              | KY        |    120000 | NS      | $126138.05    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| QIAGEN NV                      | QIAGEN NV                              | CUSIP: 000000000<br>LEI: 54930036WK3GMCN17Z57 | Long             | EC               | CORP              | NL        |      5658 | NS      | $252799.44    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| International Money Express In | International Money Express Inc        | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14000 | NS      | $195580.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc        | Millrose Properties Inc                | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       600 | NS      | $20166.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Verint Systems Inc             | Verint Systems Inc                     | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |     50000 | NS      | $1012500.00   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOCOLL                       | INNOCOLL                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75000 | NS      | $0.08         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Brookfield Asset Management Lt | Brookfield Asset Management Ltd        | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | US        |       800 | NS      | $45552.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                   | Cadence Bank                           | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     17500 | NS      | $656950.00    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp       | Pan American Silver Corp               | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |     15000 | NS      | $581267.51    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Berry Corp                     | Berry Corp                             | CUSIP: 08579X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3500 | NS      | $13230.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                | ICU Medical Inc                        | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |       100 | NS      | $11996.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc      | Rogers Communications Inc              | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |      2000 | NS      | $68940.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EW Scripps Co/The              | EW Scripps Co/The                      | CUSIP: 811054402<br>LEI: 549300U1OW41QPKYW028 | Long             | EC               | CORP              | US        |     12000 | NS      | $29520.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dogwood State Bank             | Dogwood State Bank                     | CUSIP: 25660B103<br>LEI: 549300D3SGJ9UCUF2779 | Long             | EC               | CORP              | US        |      1000 | NS      | $23550.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd      | Liberty Latin America Ltd              | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |     20000 | NS      | $165800.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinewood Technologies Group PL | Pinewood Technologies Group PLC        | CUSIP: 000000000<br>LEI: 213800VRSPZFOGMMIS18 | Long             | EC               | CORP              | GB        |     25000 | NS      | $139533.37    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardian Capital Group Ltd     | Guardian Capital Group Ltd             | CUSIP: 401339205<br>LEI: 549300S01K8Y0KJYB822 | Long             | EC               | CORP              | CA        |      2000 | NS      | $95652.80     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp              | Kinross Gold Corp                      | CUSIP: 496902198<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | US        |     10000 | NS      | $0.07         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| GRACELL BIOTECHNOLOGIES INC    | GRACELL BIOTECHNOLOGIES INC            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     30000 | NS      | $1200.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TRINITY PLACE HOLDINGS INC     | TRINITY PLACE HOLDINGS INC             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alphawave IP Group PLC         | Alphawave IP Group PLC                 | CUSIP: 000000000<br>LEI: 213800ZXTO21EU4VMH37 | Long             | EC               | CORP              | GB        |     40000 | NS      | $100329.54    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Resolute Forest Products Inc   | Resolute Forest Products Inc           | CUSIP: 761CVR042<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17500 | NS      | $26250.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Corem Property Group AB        | Corem Property Group AB                | CUSIP: 000000000<br>LEI: 213800CHXQQD7TSS1T59 | Long             | EC               | CORP              | SE        |      4000 | NS      | $1749.66      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc     | Southwest Gas Holdings Inc             | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |      2000 | NS      | $156680.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill            | CUSIP: 912797QY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    105000 | PA      | $104204.80    | 0.19%             | 2025-12-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| POSEIDA THERAPEUTICS INC       | POSEIDA THERAPEUTICS INC               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4500 | NS      | $2250.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JDE Peet's NV                  | JDE Peet's NV                          | CUSIP: 000000000<br>LEI: 724500EHG519SE5ZRT89 | Long             | EC               | CORP              | NL        |     10000 | NS      | $366303.60    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| LANDOS BIOPHARMA INC           | LANDOS BIOPHARMA INC                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $5020.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Rogers Corp                    | Rogers Corp                            | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |      7500 | NS      | $603450.00    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WideOpenWest Inc               | WideOpenWest Inc                       | CUSIP: 96758W101<br>LEI: 549300RM6J2BWWOFU889 | Long             | EC               | CORP              | US        |    110000 | NS      | $567600.00    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                   | Dayforce Inc                           | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |      1500 | NS      | $103335.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Hospitality Corp        | Target Hospitality Corp                | CUSIP: 87615L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $25440.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuren Corp                    | Acuren Corp                            | CUSIP: 00510N102<br>LEI: 213800ZDFRNC8QXEZ481 | Long             | EC               | CORP              | US        |      4609 | NS      | $61345.79     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc           | Chart Industries Inc                   | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |      1200 | NS      | $240180.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUEPRINT MEDICINES CORP       | BLUEPRINT MEDICINES CORP               | CUSIP: 096CVR048<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $2800.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| STAAR Surgical Co              | STAAR Surgical Co                      | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |      5000 | NS      | $134350.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                 | Air Lease Corp                         | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |      1800 | NS      | $114570.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Triple Flag Precious Metals Co | Triple Flag Precious Metals Corp       | CUSIP: 89679M104<br>LEI: 254900R7NJ1TEYIM4E61 | Long             | EC               | CORP              | CA        |       290 | NS      | $8489.33      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTINGENT VALUE RIGHT         | CONTINGENT VALUE RIGHT                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $500.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AvidXchange Holdings Inc       | AvidXchange Holdings Inc               | CUSIP: 05368X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70000 | NS      | $696500.00    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                   | Illumina Inc                           | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |      1000 | NS      | $94970.00     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Steelcase Inc                  | Steelcase Inc                          | CUSIP: 858155203<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | EC               | CORP              | US        |      1500 | NS      | $25800.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties I | Ryman Hospitality Properties Inc       | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |      2400 | NS      | $215016.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP           | SOUTHSTATE BANK CORP                   | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      1500 | NS      | $148305.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Shore Bancshares Inc           | Shore Bancshares Inc                   | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7684 | NS      | $126094.44    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica Deutschland Holding | Telefonica Deutschland Holding AG      | CUSIP: 000000000<br>LEI: 391200ECRPJ3SWQJUM30 | Long             | EC               | CORP              | DE        |    125000 | NS      | $306133.54    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| LENSAR Inc                     | LENSAR Inc                             | CUSIP: 52634L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24000 | NS      | $296400.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                      | ONEOK Inc                              | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      8200 | NS      | $598354.00    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alvopetro Energy Ltd           | Alvopetro Energy Ltd                   | CUSIP: 02255Q209<br>LEI: 894500E23U8RD36B9168 | Long             | EC               | CORP              | CA        |    125000 | NS      | $599985.63    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                    | Premier Inc                            | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1000 | NS      | $27800.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| REGULUS THERAPEUTICS INC       | REGULUS THERAPEUTICS INC               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $20000.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Champion Homes Inc             | Champion Homes Inc                     | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2700 | NS      | $206199.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc        | Rockwell Automation Inc                | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       200 | NS      | $69906.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Liv | Liberty Media Corp-Liberty Live        | CUSIP: 531229722<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       128 | NS      | $12412.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos Inc             | Albertsons Cos Inc                     | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |      8000 | NS      | $140080.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp               | QuidelOrtho Corp                       | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |      3000 | NS      | $88350.00     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings Inc             | Mativ Holdings Inc                     | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |      8200 | NS      | $92742.00     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PREVAIL THERAPEUTICS INC       | PREVAIL THERAPEUTICS INC               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $400.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Array Digital Infrastructure I | Array Digital Infrastructure Inc       | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |     14800 | NS      | $740148.00    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                   | Bel Fuse Inc                           | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Short            | EC               | CORP              | US        |      -800 | NS      | $-112816.00   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Skechers USA Inc               | Skechers USA Inc                       | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               | CORP              | US        |     10000 | NS      | $162600.00    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Perrigo Co PLC                 | Perrigo Co PLC                         | CUSIP: 000000000<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |     22000 | NS      | $489940.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Cool Co Ltd                    | Cool Co Ltd                            | CUSIP: 000000000<br>LEI: 549300AQHDVKVCNIU608 | Long             | EC               | CORP              | BM        |      1000 | NS      | $9500.00      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Datagroup SE                   | Datagroup SE                           | CUSIP: 000000000<br>LEI: 391200NEYPQM7LC12H89 | Long             | EC               | CORP              | DE        |      1000 | NS      | $75139.20     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Playtech Plc                   | Playtech Plc                           | CUSIP: 000000000<br>LEI: 21380068TTB6Z9ZEU548 | Long             | EC               | CORP              | IM        |      6000 | NS      | $29776.09     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc    | Atlanta Braves Holdings Inc            | CUSIP: 047726302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7500 | NS      | $311925.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandstorm Gold Ltd             | Sandstorm Gold Ltd                     | CUSIP: 80013R206<br>LEI: 549300QWJPV45VQF1B33 | Long             | EC               | CORP              | CA        |     50000 | NS      | $626000.00    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Velan Inc                      | Velan Inc                              | CUSIP: 922932108<br>LEI: 549300DB4US7WDCNNN28 | Long             | EC               | CORP              | CA        |     44000 | NS      | $493209.74    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| MIRATI THERAPEUTICS INC        | MIRATI THERAPEUTICS INC                | CUSIP: 604CVR027<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15000 | NS      | $7500.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KLX Energy Services Holdings I | KLX Energy Services Holdings Inc       | CUSIP: 48253L205<br>LEI: 5493004D4S7MAO1H3U27 | Long             | EC               | CORP              | US        |      2500 | NS      | $4800.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Orogen Royalties Inc           | Orogen Royalties Inc                   | CUSIP: 687080101<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2500 | NS      | $4454.98      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bapcor Ltd                     | Bapcor Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     10000 | NS      | $20975.89     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| City Office REIT Inc           | City Office REIT Inc                   | CUSIP: 178587101<br>LEI: 5493003J7157VP25NL57 | Long             | EC               | CORP              | CA        |     15000 | NS      | $104400.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Lee Enterprises Inc            | Lee Enterprises Inc                    | CUSIP: 523768406<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22400 | NS      | $121856.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMBIT BIOSCIENCES CORP CVR     | AMBIT BIOSCIENCES CORP CVR             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13000 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Integral Ad Science Holding Co | Integral Ad Science Holding Corp       | CUSIP: 45828L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $50850.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co                   | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      2000 | NS      | $184740.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's Inc                     | Macy's Inc                             | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |      9000 | NS      | $161370.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill            | CUSIP: 912797NU7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    140000 | PA      | $138712.39    | 0.26%             | 2025-12-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CONTRA ADAMAS PHARMACE         | CONTRA ADAMAS PHARMACE                 | CUSIP: 005CVR022<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52000 | NS      | $650.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexcel Corp                    | Hexcel Corp                            | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |      6500 | NS      | $407550.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirent Communications PLC     | Spirent Communications PLC             | CUSIP: 000000000<br>LEI: 213800HKCUNWP1916L38 | Long             | EC               | CORP              | GB        |     60000 | NS      | $160096.90    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sportsman's Warehouse Holdings | Sportsman's Warehouse Holdings Inc     | CUSIP: 84920Y106<br>LEI: 549300JVV8YLQSRSF462 | Long             | EC               | CORP              | US        |    103000 | NS      | $285310.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                | Schlumberger NV                        | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     13965 | NS      | $479977.05    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp                    | Avista Corp                            | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     17000 | NS      | $642770.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Covestro AG                    | Covestro AG                            | CUSIP: 000000000<br>LEI: 3912005AWHKLQ1CPLV11 | Long             | EC               | CORP              | DE        |      1800 | NS      | $123204.81    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** Gabelli 787 Fund, Inc.

**Signature:** John C. Ball

**Name of Signer:** John C. Ball

**Title:** Treasurer