Potrero Capital Research LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BL	BLACKLINE INC	370,557	$20,488	6.9%	$55.08	0.0%	COM	09239B109
CWAN	CLEARWATER ANALYTICS HLDGS I	350,000	$8,442	2.8%	$20.03	0.0%	CL A	185123106
WEAV	WEAVE COMMUNICATIONS INC	776,372	$5,893	2.0%	$6.64	0.0%	COM	94724R108
BLND	BLEND LABS INC	1,661,123	$5,050	1.7%	$3.19	0.0%	CL A	09352U108
AD	ARRAY DIGITAL INFRASTRUCTURE	89,312	$4,789	1.6%	$40.94	0.0%	COM	911684108
UNF	UNIFIRST CORP MASS	20,000	$3,858	1.3%	$168.52	0.0%	COM	904708104
ESTC	ELASTIC N V	40,000	$3,018	1.0%	$81.59	0.0%	ORD SHS	N14506104
SXT	SENSIENT TECHNOLOGIES CORP	27,408	$2,575	0.9%	$94.35	0.0%	COM	81725T100
SOLS	SOLSTICE ADVANCED MATLS INC	41,377	$2,010	0.7%	$47.08	0.0%	SHSCOM ADDED	83443Q103
META	META PLATFORMS INC	218	$144	0.0%	$667.32	0.0%	CL A	30303M102
BBBY/WS	BED BATH & BEYOND INC	34,506	$23	0.0%	$0.66	—	*W EXP 10/07/202	075896159

Increased Positions (3)

SPT SPROUT SOCIAL INC 1.4%

Value ($000) $4,286 (+121.2%) Shares 380,302 (+153.5%) Est. Cost $12.98 Unrealized -16.8%

AMBA AMBARELLA INC 3.5%

Value ($000) $10,522 (+21.0%) Shares 148,537 (+41.0%) Est. Cost $61.10 Unrealized +32.3%

— JAMF HLDG CORP 1.6%

Value ($000) $4,849 (+45.4%) Shares 372,707 (+19.6%) Est. Cost $11.08 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPT	SPROUT SOCIAL INC	380,302 (+153.5%)	$4,286 (+121.2%)	1.4%	$12.98	-16.8%	COM CL A	85209W109
AMBA	AMBARELLA INC	148,537 (+41.0%)	$10,522 (+21.0%)	3.5%	$61.10	+32.3%	SHS	G037AX101
—	JAMF HLDG CORP	372,707 (+19.6%)	$4,849 (+45.4%)	1.6%	$11.08	—	COM	47074L105

Exited Positions (17)

QQQ INVESCO QQQ TR 101.1%

Value ($000) $300,185 Shares 500,000 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 67.3%

Value ($000) $199,854 Shares 300,000 Est. Cost — Unrealized —

TLN TALEN ENERGY CORP 13.3%

Value ($000) $39,560 Shares 93,000 Est. Cost $202.30 Unrealized +92.1%

ROKU ROKU INC 3.0%

Value ($000) $8,838 Shares 88,268 Est. Cost $92.23 Unrealized +10.0%

SIMO SILICON MOTION TECHNOLOGY CO 1.7%

Value ($000) $4,917 Shares 51,858 Est. Cost $94.81 Unrealized —

CEPT CANTOR EQUITY PARTNERS II INC 1.3%

Value ($000) $3,877 Shares 368,878 Est. Cost $11.29 Unrealized -0.1%

ALTS ALT5 SIGMA CORP 1.0%

Value ($000) $2,972 Shares 1,104,805 Est. Cost $5.99 Unrealized -67.8%

WLAC WILLOW LANE ACQUISITION CORP 0.9%

Value ($000) $2,631 Shares 227,202 Est. Cost $10.55 Unrealized +16.6%

BELFB BEL FUSE INC 0.6%

Value ($000) $1,788 Shares 12,676 Est. Cost $64.83 Unrealized +140.9%

BBBY BED BATH & BEYOND INC 0.6%

Value ($000) $1,769 Shares 180,733 Est. Cost $9.09 Unrealized -20.0%

RDAG REPUBLIC DIGITAL ACQUISITION 0.5%

Value ($000) $1,532 Shares 150,000 Est. Cost $10.28 Unrealized -0.3%

STRZ STARZ ENTERTAINMENT CORP. 0.5%

Value ($000) $1,379 Shares 93,585 Est. Cost $15.84 Unrealized -27.6%

PD PAGERDUTY INC 0.5%

Value ($000) $1,361 Shares 82,366 Est. Cost $15.90 Unrealized -8.3%

MBAV M3BRIGADE ACQUISITION V CORP 0.4%

Value ($000) $1,055 Shares 100,000 Est. Cost $10.96 Unrealized -3.1%

BARK BARK INC 0.3%

Value ($000) $842 Shares 1,013,366 Est. Cost $1.10 Unrealized -32.7%

— ETHZILLA CORPORATION 0.2%

Value ($000) $723 Shares 300,000 Est. Cost $2.41 Unrealized —

IBP INSTALLED BLDG PRODS INC 0.2%

Value ($000) $510 Shares 2,066 Est. Cost $236.87 Unrealized +9.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	500,000	$300,185	101.1%	—	—	PUT	46090E103
SPY	SPDR S&P 500 ETF TR	300,000	$199,854	67.3%	—	—	PUT	78462F103
TLN	TALEN ENERGY CORP	93,000	$39,560	13.3%	$202.30	+92.1%	PUT	87422Q109
ROKU	ROKU INC	88,268	$8,838	3.0%	$92.23	+10.0%	—	77543R102
SIMO	SILICON MOTION TECHNOLOGY CO	51,858	$4,917	1.7%	$94.81	—	—	82706C108
CEPT	CANTOR EQUITY PARTNERS II INC	368,878	$3,877	1.3%	$11.29	-0.1%	—	G1827P106
ALTS	ALT5 SIGMA CORP	1,104,805	$2,972	1.0%	$5.99	-67.8%	—	47089W104
WLAC	WILLOW LANE ACQUISITION CORP	227,202	$2,631	0.9%	$10.55	+16.6%	—	G9675P102
BELFB	BEL FUSE INC	12,676	$1,788	0.6%	$64.83	+140.9%	—	077347300
BBBY	BED BATH & BEYOND INC	180,733	$1,769	0.6%	$9.09	-20.0%	—	690370101
RDAG	REPUBLIC DIGITAL ACQUISITION	150,000	$1,532	0.5%	$10.28	-0.3%	—	G7515A103
STRZ	STARZ ENTERTAINMENT CORP.	93,585	$1,379	0.5%	$15.84	-27.6%	—	855919106
PD	PAGERDUTY INC	82,366	$1,361	0.5%	$15.90	-8.3%	—	69553P100
MBAV	M3BRIGADE ACQUISITION V CORP	100,000	$1,055	0.4%	$10.96	-3.1%	—	G63212107
BARK	BARK INC	1,013,366	$842	0.3%	$1.10	-32.7%	—	68622E104
—	ETHZILLA CORPORATION	300,000	$723	0.2%	$2.41	—	—	68236V302
IBP	INSTALLED BLDG PRODS INC	2,066	$510	0.2%	$236.87	+9.0%	—	45780R101

Decreased Positions (13)

TAC TRANSALTA CORP 7.3%

Value ($000) $21,798 (-36.7%) Shares 1,724,544 (-31.5%) Est. Cost $10.73 Unrealized +39.2%

TLN TALEN ENERGY CORP 9.8%

Value ($000) $29,050 (-27.0%) Shares 77,500 (-17.1%) Est. Cost $202.30 Unrealized +92.1%

METC RAMACO RES INC 0.7%

Value ($000) $2,055 (-82.2%) Shares 114,176 (-67.3%) Est. Cost $23.24 Unrealized +13.0%

SSD SIMPSON MFG INC 0.5%

Value ($000) $1,476 (-85.3%) Shares 9,141 (-84.8%) Est. Cost $178.32 Unrealized -5.4%

IE IVANHOE ELECTRIC INC 3.2%

Value ($000) $9,406 (-45.9%) Shares 588,590 (-57.5%) Est. Cost $9.89 Unrealized +44.8%

U UNITY SOFTWARE INC 3.0%

Value ($000) $8,834 (-34.2%) Shares 200,000 (-40.4%) Est. Cost $29.85 Unrealized +36.5%

STX SEAGATE TECHNOLOGY HLDNGS PL 5.7%

Value ($000) $16,964 (-12.5%) Shares 61,600 (-25.0%) Est. Cost $102.43 Unrealized +152.8%

YETI YETI HLDGS INC 4.8%

Value ($000) $14,168 (+15.2%) Shares 320,769 (-13.5%) Est. Cost $34.95 Unrealized +10.1%

TPB TURNING PT BRANDS INC 3.9%

Value ($000) $11,572 (-11.2%) Shares 106,751 (-19.0%) Est. Cost $61.91 Unrealized +57.9%

GEV GE VERNOVA INC 3.0%

Value ($000) $8,908 (-10.2%) Shares 13,630 (-15.5%) Est. Cost $152.10 Unrealized +300.4%

AMRZ AMRIZE LTD 4.0%

Value ($000) $11,850 (-4.3%) Shares 219,123 (-14.1%) Est. Cost $50.86 Unrealized +0.3%

LGN LEGENCE CORP 1.4%

Value ($000) $4,018 (-9.0%) Shares 93,349 (-34.9%) Est. Cost $31.48 Unrealized +25.6%

DBRG DIGITALBRIDGE GROUP INC 5.2%

Value ($000) $15,395 (-1.1%) Shares 1,003,583 (-24.6%) Est. Cost $12.71 Unrealized -5.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TAC	TRANSALTA CORP	1,724,544 (-31.5%)	$21,798 (-36.7%)	7.3%	$10.73	+39.2%	COM	89346D107
TLN	TALEN ENERGY CORP	77,500 (-17.1%)	$29,050 (-27.0%)	9.8%	$202.30	+92.1%	COM	87422Q109
METC	RAMACO RES INC	114,176 (-67.3%)	$2,055 (-82.2%)	0.7%	$23.24	+13.0%	COM CL A	75134P600
SSD	SIMPSON MFG INC	9,141 (-84.8%)	$1,476 (-85.3%)	0.5%	$178.32	-5.4%	COM	829073105
IE	IVANHOE ELECTRIC INC	588,590 (-57.5%)	$9,406 (-45.9%)	3.2%	$9.89	+44.8%	COM	46578C108
U	UNITY SOFTWARE INC	200,000 (-40.4%)	$8,834 (-34.2%)	3.0%	$29.85	+36.5%	COM	91332U101
STX	SEAGATE TECHNOLOGY HLDNGS PL	61,600 (-25.0%)	$16,964 (-12.5%)	5.7%	$102.43	+152.8%	ORD SHS	G7997R103
YETI	YETI HLDGS INC	320,769 (-13.5%)	$14,168 (+15.2%)	4.8%	$34.95	+10.1%	COM	98585X104
TPB	TURNING PT BRANDS INC	106,751 (-19.0%)	$11,572 (-11.2%)	3.9%	$61.91	+57.9%	COM	90041L105
GEV	GE VERNOVA INC	13,630 (-15.5%)	$8,908 (-10.2%)	3.0%	$152.10	+300.4%	COM	36828A101
AMRZ	AMRIZE LTD	219,123 (-14.1%)	$11,850 (-4.3%)	4.0%	$50.86	+0.3%	SHS	H2927K103
LGN	LEGENCE CORP	93,349 (-34.9%)	$4,018 (-9.0%)	1.4%	$31.48	+25.6%	CL A	52476L109
DBRG	DIGITALBRIDGE GROUP INC	1,003,583 (-24.6%)	$15,395 (-1.1%)	5.2%	$12.71	-5.5%	CL A NEW	25401T603

Unchanged Positions (7)

MSFT MICROSOFT CORP 6.3%

Value ($000) $18,713 Shares 38,694 Est. Cost $172.10 Unrealized +190.9%

CMRC COMMERCE.COM INC 2.0%

Value ($000) $5,831 Shares 1,415,339 Est. Cost $7.42 Unrealized -37.9%

BILL BILL HOLDINGS INC 3.7%

Value ($000) $10,908 Shares 200,000 Est. Cost $46.44 Unrealized +10.6%

FRSH FRESHWORKS INC 1.6%

Value ($000) $4,858 Shares 396,579 Est. Cost $13.47 Unrealized -12.3%

— BLACKROCK SCIENCE & TECHNOLO 4.1%

Value ($000) $12,180 Shares 538,710 Est. Cost $19.53 Unrealized —

NXDR NEXTDOOR HOLDINGS INC 1.8%

Value ($000) $5,347 Shares 2,546,187 Est. Cost $1.94 Unrealized +1.1%

RDDT REDDIT INC 2.6%

Value ($000) $7,701 Shares 33,500 Est. Cost $113.37 Unrealized +85.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	38,694	$18,713	6.3%	$172.10	+190.9%	COM	594918104
CMRC	COMMERCE.COM INC	1,415,339	$5,831	2.0%	$7.42	-37.9%	COM SER 1	08975P108
BILL	BILL HOLDINGS INC	200,000	$10,908	3.7%	$46.44	+10.6%	COM	090043100
FRSH	FRESHWORKS INC	396,579	$4,858	1.6%	$13.47	-12.3%	CLASS A COM	358054104
—	BLACKROCK SCIENCE & TECHNOLO	538,710	$12,180	4.1%	$19.53	—	SHS BEN INT	09260K101
NXDR	NEXTDOOR HOLDINGS INC	2,546,187	$5,347	1.8%	$1.94	+1.1%	COM CL A	65345M108
RDDT	REDDIT INC	33,500	$7,701	2.6%	$113.37	+85.5%	CL A	75734B100