Shannon River Fund Management LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ABNB	AIRBNB INC	247,006	$31,192	6.0%	$129.40	0.0%	COM CL A	009066101
RMBS	RAMBUS INC DEL	333,817	$28,718	5.5%	$104.73	0.0%	COM	750917106
TOST	TOAST INC	732,027	$19,406	3.7%	$31.01	0.0%	CL A	888787108
ADTN	ADTRAN HOLDINGS INC	1,219,976	$15,347	2.9%	$9.58	0.0%	COM	00486H105
FFIV	F5 INC	50,196	$14,523	2.8%	$272.46	0.0%	COM	315616102
LION	LIONSGATE STUDIOS CORP	1,040,934	$9,983	1.9%	$8.97	0.0%	COM	53626N102
UUUU	ENERGY FUELS INC	507,555	$9,263	1.8%	$21.60	0.0%	COM NEW	292671708
SPHR	SPHERE ENTERTAINMENT CO	73,345	$8,611	1.6%	$99.94	0.0%	CL A	55826T102
APP	APPLOVIN CORP	14,480	$5,763	1.1%	$507.11	0.0%	COM CL A	03831W108
DLR	DIGITAL RLTY TR INC	29,838	$5,377	1.0%	$155.03	0.0%	COM	253868103
OSIS	OSI SYSTEMS INC	19,274	$5,117	1.0%	$275.87	0.0%	COM	671044105
EQIX	EQUINIX INC	5,102	$5,001	1.0%	$764.11	0.0%	COM	29444U700
SNOW	SNOWFLAKE INC	26,377	$3,978	0.8%	$194.49	0.0%	COM SHS	833445109

Increased Positions (5)

MRVL MARVELL TECHNOLOGY INC 10.7%

Value ($000) $55,822 (+73.9%) Shares 563,573 (+49.2%) Est. Cost $70.77 Unrealized +14.6%

LYV LIVE NATION ENTERTAINMENT IN 8.6%

Value ($000) $44,899 (+23.4%) Shares 294,398 (+15.3%) Est. Cost $144.33 Unrealized +2.8%

AXON AXON ENTERPRISE INC 3.8%

Value ($000) $20,148 (+71.3%) Shares 47,442 (+129.0%) Est. Cost $567.73 Unrealized -7.2%

HNGE HINGE HEALTH INC 3.1%

Value ($000) $16,087 (+48.4%) Shares 417,182 (+78.8%) Est. Cost $44.83 Unrealized -9.4%

IDCC INTERDIGITAL INC 3.1%

Value ($000) $16,339 (-4.1%) Shares 54,104 (+1.1%) Est. Cost $77.78 Unrealized +334.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MRVL	MARVELL TECHNOLOGY INC	563,573 (+49.2%)	$55,822 (+73.9%)	10.7%	$70.77	+14.6%	COM	573874104
LYV	LIVE NATION ENTERTAINMENT IN	294,398 (+15.3%)	$44,899 (+23.4%)	8.6%	$144.33	+2.8%	COM	538034109
AXON	AXON ENTERPRISE INC	47,442 (+129.0%)	$20,148 (+71.3%)	3.8%	$567.73	-7.2%	COM	05464C101
HNGE	HINGE HEALTH INC	417,182 (+78.8%)	$16,087 (+48.4%)	3.1%	$44.83	-9.4%	CL A	433313103
IDCC	INTERDIGITAL INC	54,104 (+1.1%)	$16,339 (-4.1%)	3.1%	$77.78	+334.5%	COM	45867G101

Exited Positions (11)

PEGA PEGASYSTEMS INC 11.8%

Value ($000) $62,039 Shares 1,038,832 Est. Cost $39.64 Unrealized +21.4%

U UNITY SOFTWARE INC 9.0%

Value ($000) $47,061 Shares 1,065,452 Est. Cost $40.75 Unrealized -19.8%

CWAN CLEARWATER ANALYTICS HLDGS I 5.7%

Value ($000) $29,822 Shares 1,236,412 Est. Cost $19.29 Unrealized +23.6%

NCNO NCINO INC 5.6%

Value ($000) $29,125 Shares 1,135,922 Est. Cost $25.89 Unrealized -19.9%

KVYO KLAVIYO INC 4.5%

Value ($000) $23,693 Shares 729,703 Est. Cost $28.01 Unrealized -18.6%

CRDO CREDO TECHNOLOGY GROUP HOLDI 4.1%

Value ($000) $21,579 Shares 149,966 Est. Cost $98.68 Unrealized +33.1%

DOCU DOCUSIGN INC 2.0%

Value ($000) $10,726 Shares 156,813 Est. Cost $80.90 Unrealized -33.9%

CCC CCC INTELLIGENT SOLUTIONS HL 1.6%

Value ($000) $8,551 Shares 1,075,546 Est. Cost $8.94 Unrealized -22.8%

QCOM QUALCOMM INC 1.5%

Value ($000) $7,905 Shares 46,212 Est. Cost $170.79 Unrealized -9.9%

MU MICRON TECHNOLOGY INC 1.1%

Value ($000) $5,822 Shares 20,400 Est. Cost $229.35 Unrealized +68.8%

WIX WIX COM LTD 0.9%

Value ($000) $4,855 Shares 46,731 Est. Cost $174.63 Unrealized -53.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PEGA	PEGASYSTEMS INC	1,038,832	$62,039	11.8%	$39.64	+21.4%	—	705573103
U	UNITY SOFTWARE INC	1,065,452	$47,061	9.0%	$40.75	-19.8%	—	91332U101
CWAN	CLEARWATER ANALYTICS HLDGS I	1,236,412	$29,822	5.7%	$19.29	+23.6%	—	185123106
NCNO	NCINO INC	1,135,922	$29,125	5.6%	$25.89	-19.9%	—	63947X101
KVYO	KLAVIYO INC	729,703	$23,693	4.5%	$28.01	-18.6%	—	49845K101
CRDO	CREDO TECHNOLOGY GROUP HOLDI	149,966	$21,579	4.1%	$98.68	+33.1%	—	G25457105
DOCU	DOCUSIGN INC	156,813	$10,726	2.0%	$80.90	-33.9%	—	256163106
CCC	CCC INTELLIGENT SOLUTIONS HL	1,075,546	$8,551	1.6%	$8.94	-22.8%	—	12510Q100
QCOM	QUALCOMM INC	46,212	$7,905	1.5%	$170.79	-9.9%	—	747525103
MU	MICRON TECHNOLOGY INC	20,400	$5,822	1.1%	$229.35	+68.8%	—	595112103
WIX	WIX COM LTD	46,731	$4,855	0.9%	$174.63	-53.4%	—	M98068105

Decreased Positions (7)

ALAB ASTERA LABS INC 1.0%

Value ($000) $5,194 (-81.4%) Shares 47,394 (-71.7%) Est. Cost $167.29 Unrealized -5.8%

TSEM TOWER SEMICONDUCTOR LTD 16.9%

Value ($000) $88,484 (+25.0%) Shares 504,239 (-16.4%) Est. Cost $31.38 Unrealized +310.6%

CLS CELESTICA INC 2.9%

Value ($000) $15,068 (-52.4%) Shares 53,495 (-50.1%) Est. Cost $301.37 Unrealized -0.1%

GWRE GUIDEWIRE SOFTWARE INC 1.8%

Value ($000) $9,402 (-62.9%) Shares 62,863 (-50.1%) Est. Cost $164.17 Unrealized -8.5%

AMBA AMBARELLA INC 1.1%

Value ($000) $5,917 (-72.3%) Shares 114,940 (-61.8%) Est. Cost $80.81 Unrealized -16.8%

EXTR EXTREME NETWORKS 3.8%

Value ($000) $19,801 (-37.6%) Shares 1,313,061 (-31.1%) Est. Cost $18.36 Unrealized -17.9%

COHR COHERENT CORP 4.0%

Value ($000) $20,940 (-32.4%) Shares 87,905 (-47.7%) Est. Cost $108.33 Unrealized +96.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ALAB	ASTERA LABS INC	47,394 (-71.7%)	$5,194 (-81.4%)	1.0%	$167.29	-5.8%	COM	04626A103
TSEM	TOWER SEMICONDUCTOR LTD	504,239 (-16.4%)	$88,484 (+25.0%)	16.9%	$31.38	+310.6%	SHS NEW	M87915274
CLS	CELESTICA INC	53,495 (-50.1%)	$15,068 (-52.4%)	2.9%	$301.37	-0.1%	COM	15101Q207
GWRE	GUIDEWIRE SOFTWARE INC	62,863 (-50.1%)	$9,402 (-62.9%)	1.8%	$164.17	-8.5%	COM	40171V100
AMBA	AMBARELLA INC	114,940 (-61.8%)	$5,917 (-72.3%)	1.1%	$80.81	-16.8%	SHS	G037AX101
EXTR	EXTREME NETWORKS	1,313,061 (-31.1%)	$19,801 (-37.6%)	3.8%	$18.36	-17.9%	COM	30226D106
COHR	COHERENT CORP	87,905 (-47.7%)	$20,940 (-32.4%)	4.0%	$108.33	+96.9%	COM	19247G107

Unchanged Positions (3)

LGN LEGENCE CORP 3.6%

Value ($000) $19,063 Shares 337,638 Est. Cost $39.53 Unrealized +23.5%

FLEX FLEXTRONICS INTL LTD 3.9%

Value ($000) $20,373 Shares 311,223 Est. Cost $18.35 Unrealized +248.6%

PLTR PALANTIR TECHNOLOGIES INC 0.8%

Value ($000) $4,264 Shares 29,150 Est. Cost $87.82 Unrealized +75.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LGN	LEGENCE CORP	337,638	$19,063	3.6%	$39.53	+23.5%	CL A	52476L109
FLEX	FLEXTRONICS INTL LTD	311,223	$20,373	3.9%	$18.35	+248.6%	ORD	Y2573F102
PLTR	PALANTIR TECHNOLOGIES INC	29,150	$4,264	0.8%	$87.82	+75.6%	CL A	69608A108