Ulysses Management LLC Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	22,500	$15,343	2.8%	—	—	CALL	78462F103
TEAM	ATLASSIAN CLASS A	20,000	$3,243	0.6%	$156.92	0.0%	CL A	049468101
SMH	SEMICONDUCTOR HOLDERS	7,500	$2,701	0.5%	$360.13	—	SEMICONDUCTR ETF	92189F676
UNF	UNIFIRST	11,100	$2,141	0.4%	$180.46	-6.6%	CALL	904708104
XBI	SPDR S&P BIOTECHCS	15,000	$1,829	0.3%	$121.93	—	STATE STREET SPD	78464A870
TMO	THERMO FISHER SCIENTIFIC	3,000	$1,738	0.3%	$565.16	0.0%	COM	883556102
GEV	GE VERNOVA LLC	2,500	$1,634	0.3%	$307.84	+97.8%	CALL	36828A101
B	BARRICK MINING	35,000	$1,524	0.3%	$37.42	0.0%	COM SHS	06849F108
GOOGL	ALPHABET INC	4,500	$1,409	0.3%	$169.39	+68.6%	CALL	02079K305
USB	US BANCORP	25,000	$1,334	0.2%	$48.72	0.0%	COM NEW	902973304
ASML	ASML HOLDING NV NY REG	1,000	$1,070	0.2%	$1069.86	—	N Y REGISTRY SHS	N07059210
JNJ	JOHNSON & JOHNSON	4,000	$828	0.2%	$197.01	0.0%	COM	478160104
APO	APOLLO GLOBAL MGT	5,000	$724	0.1%	$132.57	0.0%	COM	03769M106
DHR	DANAHER CORP	3,000	$687	0.1%	$219.54	0.0%	COM	235851102
KRNT	KORNIT DIGITAL	40,000	$575	0.1%	$13.70	0.0%	SHS	M6372Q113
BLND	BLEND LABS	25,800	$78	0.0%	$3.19	0.0%	CL A	09352U108

Increased Positions (10)

AMZN AMAZON.COM 9.6%

Value ($000) $51,935 (+456.5%) Shares 225,000 (+429.4%) Est. Cost $123.75 Unrealized +84.9%

AAPL APPLE INC 3.1%

Value ($000) $16,991 (+122.4%) Shares 62,500 (+108.3%) Est. Cost — Unrealized —

HSIC HENRY SCHEIN 9.2%

Value ($000) $50,250 (+15.6%) Shares 664,858 (+1.5%) Est. Cost $71.39 Unrealized -1.4%

UNF UNIFIRST 1.4%

Value ($000) $7,743 (+65.5%) Shares 40,141 (+43.5%) Est. Cost $180.46 Unrealized -6.6%

JPM JPMORGAN CHASE & CO 1.3%

Value ($000) $7,089 (+72.9%) Shares 22,000 (+69.2%) Est. Cost $208.04 Unrealized +48.8%

GS GOLDMAN SACHS GROUP 0.7%

Value ($000) $3,956 (+65.6%) Shares 4,500 (+50.0%) Est. Cost $570.29 Unrealized +42.6%

FCX FREPORT MCMORAN INC 0.3%

Value ($000) $1,778 (+202.2%) Shares 35,000 (+133.3%) Est. Cost $43.27 Unrealized +0.1%

KBWB KBW BANK ETF 0.3%

Value ($000) $1,602 (+104.8%) Shares 19,000 (+90.0%) Est. Cost $81.09 Unrealized —

CSGP COSTAR GROUP INC 4.1%

Value ($000) $22,223 (-2.6%) Shares 330,500 (+22.2%) Est. Cost $75.75 Unrealized -6.5%

WBS WEBSTER FINANCIAL 0.2%

Value ($000) $1,259 (+41.2%) Shares 20,000 (+33.3%) Est. Cost $59.53 Unrealized -0.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON.COM	225,000 (+429.4%)	$51,935 (+456.5%)	9.6%	$123.75	+84.9%	CALL	023135106
AAPL	APPLE INC	62,500 (+108.3%)	$16,991 (+122.4%)	3.1%	—	—	CALL	037833100
HSIC	HENRY SCHEIN	664,858 (+1.5%)	$50,250 (+15.6%)	9.2%	$71.39	-1.4%	COM	806407102
UNF	UNIFIRST	40,141 (+43.5%)	$7,743 (+65.5%)	1.4%	$180.46	-6.6%	COM	904708104
JPM	JPMORGAN CHASE & CO	22,000 (+69.2%)	$7,089 (+72.9%)	1.3%	$208.04	+48.8%	COM	46625H100
GS	GOLDMAN SACHS GROUP	4,500 (+50.0%)	$3,956 (+65.6%)	0.7%	$570.29	+42.6%	COM	38141G104
FCX	FREPORT MCMORAN INC	35,000 (+133.3%)	$1,778 (+202.2%)	0.3%	$43.27	+0.1%	CL B	35671D857
KBWB	KBW BANK ETF	19,000 (+90.0%)	$1,602 (+104.8%)	0.3%	$81.09	—	KBW BK ETF	46138E628
CSGP	COSTAR GROUP INC	330,500 (+22.2%)	$22,223 (-2.6%)	4.1%	$75.75	-6.5%	COM	22160N109
WBS	WEBSTER FINANCIAL	20,000 (+33.3%)	$1,259 (+41.2%)	0.2%	$59.53	-0.3%	COM	947890109

Exited Positions (18)

SPY SPDR S&P 500 ETF TR 123.8%

Value ($000) $672,842 Shares 1,010,000 Est. Cost — Unrealized —

QQQ INVESCO QQQ TRUST 30.9%

Value ($000) $168,104 Shares 280,000 Est. Cost — Unrealized —

CCOI COGENT COMMUNICATIONS 2.4%

Value ($000) $12,885 Shares 335,982 Est. Cost $57.32 Unrealized -48.5%

WDAY WORKDAY INC 1.8%

Value ($000) $9,628 Shares 39,993 Est. Cost $255.40 Unrealized -11.0%

NVDA NVIDIA 0.8%

Value ($000) $4,198 Shares 22,500 Est. Cost — Unrealized —

IWM ISHARES BITCOIN ETF 0.2%

Value ($000) $1,300 Shares 20,000 Est. Cost — Unrealized —

ET ENERGY TRANSFER 0.2%

Value ($000) $1,287 Shares 75,000 Est. Cost $18.13 Unrealized —

NEM NEWMONT MINING CORP. 0.2%

Value ($000) $1,265 Shares 15,000 Est. Cost $69.39 Unrealized +30.0%

GEV GE VERNOVA ORD 0.2%

Value ($000) $1,045 Shares 1,700 Est. Cost $307.84 Unrealized +97.8%

CRWD CROWDSTRIKE HLDGS INC 0.2%

Value ($000) $981 Shares 2,000 Est. Cost $454.77 Unrealized +12.0%

FSLR FIRST SOLAR 0.2%

Value ($000) $882 Shares 4,000 Est. Cost $191.94 Unrealized +31.4%

COIN COINBASE GLOBAL INC 0.2%

Value ($000) $844 Shares 2,500 Est. Cost — Unrealized —

BAC BANK OF AMERICA. 0.1%

Value ($000) $774 Shares 15,000 Est. Cost $48.34 Unrealized +8.9%

RRX REGAL REXNORD 0.1%

Value ($000) $717 Shares 5,000 Est. Cost $147.38 Unrealized -3.5%

CSX CSX CORP 0.1%

Value ($000) $710 Shares 20,000 Est. Cost — Unrealized —

VRT VERTIV 0.1%

Value ($000) $603 Shares 4,000 Est. Cost $106.19 Unrealized +63.5%

GDOT GREEN DOT CL A 0.1%

Value ($000) $537 Shares 40,000 Est. Cost $12.34 Unrealized +0.7%

HOOD ROBINHOOD MARKETS INC 0.1%

Value ($000) $430 Shares 3,000 Est. Cost $59.18 Unrealized +119.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,010,000	$672,842	123.8%	—	—	PUT	78462F103
QQQ	INVESCO QQQ TRUST	280,000	$168,104	30.9%	—	—	PUT	46090E103
CCOI	COGENT COMMUNICATIONS	335,982	$12,885	2.4%	$57.32	-48.5%	—	19239V302
WDAY	WORKDAY INC	39,993	$9,628	1.8%	$255.40	-11.0%	—	98138H101
NVDA	NVIDIA	22,500	$4,198	0.8%	—	—	CALL	67066G104
IWM	ISHARES BITCOIN ETF	20,000	$1,300	0.2%	—	—	CALL	464287655
ET	ENERGY TRANSFER	75,000	$1,287	0.2%	$18.13	—	—	29273V100
NEM	NEWMONT MINING CORP.	15,000	$1,265	0.2%	$69.39	+30.0%	—	651639106
GEV	GE VERNOVA ORD	1,700	$1,045	0.2%	$307.84	+97.8%	—	36828A101
CRWD	CROWDSTRIKE HLDGS INC	2,000	$981	0.2%	$454.77	+12.0%	—	22788C105
FSLR	FIRST SOLAR	4,000	$882	0.2%	$191.94	+31.4%	—	336433107
COIN	COINBASE GLOBAL INC	2,500	$844	0.2%	—	—	CALL	19260Q107
BAC	BANK OF AMERICA.	15,000	$774	0.1%	$48.34	+8.9%	—	060505104
RRX	REGAL REXNORD	5,000	$717	0.1%	$147.38	-3.5%	—	758750103
CSX	CSX CORP	20,000	$710	0.1%	—	—	CALL	126408103
VRT	VERTIV	4,000	$603	0.1%	$106.19	+63.5%	—	92537N108
GDOT	GREEN DOT CL A	40,000	$537	0.1%	$12.34	+0.7%	—	39304D102
HOOD	ROBINHOOD MARKETS INC	3,000	$430	0.1%	$59.18	+119.7%	—	770700102

Decreased Positions (12)

UBER UBER 4.6%

Value ($000) $24,832 (-53.8%) Shares 303,900 (-44.6%) Est. Cost $42.11 Unrealized +113.8%

TRMB TRIMBLE 5.0%

Value ($000) $27,015 (-10.5%) Shares 344,798 (-6.8%) Est. Cost $61.33 Unrealized +29.9%

ANGI ANGI INC 1.4%

Value ($000) $7,408 (-23.6%) Shares 572,956 (-3.9%) Est. Cost $15.65 Unrealized -17.7%

MSFT MICROSOFT CORP 1.5%

Value ($000) $8,222 (-20.6%) Shares 17,000 (-15.0%) Est. Cost $26.70 Unrealized +1774.6%

KRE SPDR SER TR S&P REGL BKG ETF 0.5%

Value ($000) $2,592 (-41.5%) Shares 40,000 (-42.9%) Est. Cost $47.88 Unrealized —

GLD STREET TRACKS GOLD TRUST 0.2%

Value ($000) $1,189 (-60.7%) Shares 3,000 (-64.7%) Est. Cost $269.24 Unrealized —

IAC IAC INTERACTIVECORP 1.5%

Value ($000) $8,060 (-13.7%) Shares 206,129 (-24.8%) Est. Cost $84.88 Unrealized -58.7%

NTB BANK OF N.T. BUTTERFIELD 0.3%

Value ($000) $1,495 (-42.4%) Shares 30,000 (-50.3%) Est. Cost $25.21 Unrealized +82.8%

GOOGL ALPHABET INC 0.1%

Value ($000) $626 (-53.2%) Shares 2,000 (-63.6%) Est. Cost $169.39 Unrealized +68.6%

AXP AMERICAN EXPRESS 0.2%

Value ($000) $1,110 (-33.2%) Shares 3,000 (-40.0%) Est. Cost $290.17 Unrealized +23.0%

SSYS STRATASYS 0.1%

Value ($000) $651 (-41.9%) Shares 75,000 (-25.0%) Est. Cost $10.28 Unrealized -3.6%

BALL BALL CORP 5.4%

Value ($000) $29,134 (+0.5%) Shares 550,000 (-4.3%) Est. Cost $53.72 Unrealized -8.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER	303,900 (-44.6%)	$24,832 (-53.8%)	4.6%	$42.11	+113.8%	COM	90353T100
TRMB	TRIMBLE	344,798 (-6.8%)	$27,015 (-10.5%)	5.0%	$61.33	+29.9%	COM	896239100
ANGI	ANGI INC	572,956 (-3.9%)	$7,408 (-23.6%)	1.4%	$15.65	-17.7%	CL A NEW	00183L201
MSFT	MICROSOFT CORP	17,000 (-15.0%)	$8,222 (-20.6%)	1.5%	$26.70	+1774.6%	PUT	594918104
KRE	SPDR SER TR S&P REGL BKG ETF	40,000 (-42.9%)	$2,592 (-41.5%)	0.5%	$47.88	—	STATE STREET SPD	78464A698
GLD	STREET TRACKS GOLD TRUST	3,000 (-64.7%)	$1,189 (-60.7%)	0.2%	$269.24	—	GOLD SHS	78463V107
IAC	IAC INTERACTIVECORP	206,129 (-24.8%)	$8,060 (-13.7%)	1.5%	$84.88	-58.7%	COM NEW	44891N208
NTB	BANK OF N.T. BUTTERFIELD	30,000 (-50.3%)	$1,495 (-42.4%)	0.3%	$25.21	+82.8%	SHS NEW	G0772R208
GOOGL	ALPHABET INC	2,000 (-63.6%)	$626 (-53.2%)	0.1%	$169.39	+68.6%	CAP STK CL A	02079K305
AXP	AMERICAN EXPRESS	3,000 (-40.0%)	$1,110 (-33.2%)	0.2%	$290.17	+23.0%	COM	025816109
SSYS	STRATASYS	75,000 (-25.0%)	$651 (-41.9%)	0.1%	$10.28	-3.6%	SHS	M85548101
BALL	BALL CORP	550,000 (-4.3%)	$29,134 (+0.5%)	5.4%	$53.72	-8.6%	COM	058498106

Unchanged Positions (10)

SMWB SIMILARWEB LTD 4.1%

Value ($000) $22,459 Shares 2,998,474 Est. Cost $14.88 Unrealized -45.8%

MSFT MICROSOFT CORP 12.8%

Value ($000) $69,532 Shares 143,774 Est. Cost $26.70 Unrealized +1774.6%

AMZN AMAZON.COM 10.9%

Value ($000) $59,436 Shares 257,500 Est. Cost $123.75 Unrealized +84.9%

TSM TAIWAN SEMICONDUCTOR 4.6%

Value ($000) $25,071 Shares 82,500 Est. Cost — Unrealized —

HSIC HENRY SCHEIN 2.7%

Value ($000) $14,693 Shares 194,400 Est. Cost $71.39 Unrealized -1.4%

BALL BALL CORP 4.5%

Value ($000) $24,366 Shares 460,000 Est. Cost $53.72 Unrealized -8.6%

EMBJ EMBRAER SA-SPON ADR 0.6%

Value ($000) $3,219 Shares 50,000 Est. Cost $57.62 Unrealized —

PACK RANPAK HOLDINGS CORP 0.7%

Value ($000) $3,745 Shares 692,285 Est. Cost $8.36 Unrealized -37.1%

DCOM DIME COMMUNITY BANCSHARES 1.2%

Value ($000) $6,753 Shares 224,441 Est. Cost $25.51 Unrealized +12.1%

TBLAW TABOOLA.COM WRNT 0.0%

Value ($000) $2 Shares 45,000 Est. Cost $3.10 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SMWB	SIMILARWEB LTD	2,998,474	$22,459	4.1%	$14.88	-45.8%	SHS	M84137104
MSFT	MICROSOFT CORP	143,774	$69,532	12.8%	$26.70	+1774.6%	COM	594918104
AMZN	AMAZON.COM	257,500	$59,436	10.9%	$123.75	+84.9%	COM	023135106
TSM	TAIWAN SEMICONDUCTOR	82,500	$25,071	4.6%	—	—	CALL	874039100
HSIC	HENRY SCHEIN	194,400	$14,693	2.7%	$71.39	-1.4%	CALL	806407102
BALL	BALL CORP	460,000	$24,366	4.5%	$53.72	-8.6%	CALL	058498106
EMBJ	EMBRAER SA-SPON ADR	50,000	$3,219	0.6%	$57.62	—	SPONSORED ADS	29082A107
PACK	RANPAK HOLDINGS CORP	692,285	$3,745	0.7%	$8.36	-37.1%	COM CL A	75321W103
DCOM	DIME COMMUNITY BANCSHARES	224,441	$6,753	1.2%	$25.51	+12.1%	COM	25432X102
TBLAW	TABOOLA.COM WRNT	45,000	$2	0.0%	$3.10	—	*W EXP 99/99/999	M8744T114