Union Square Park Capital Management, LLC Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ABNB	AIRBNB INC	30,000	$4,072	2.0%	$126.31	-1.4%	CALL	009066101
NVRI	ENVIRI CORP	180,000	$3,226	1.6%	$14.90	0.0%	COM	415864107
QCOM	QUALCOMM INC	15,000	$2,566	1.2%	$170.79	0.0%	COM	747525103
SSTK	SHUTTERSTOCK INC	110,000	$2,101	1.0%	$21.37	0.0%	COM	825690100
META	META PLATFORMS INC	2,500	$1,650	0.8%	$667.32	0.0%	CL A	30303M102
BILL	BILL HOLDINGS INC	30,000	$1,636	0.8%	$51.37	0.0%	COM	090043100
MU	MICRON TECHNOLOGY INC	5,000	$1,427	0.7%	$229.35	0.0%	COM	595112103
NTAP	NETAPP INC	12,500	$1,339	0.6%	$113.62	0.0%	COM	64110D104
CARR	CARRIER GLOBAL CORPORATION	25,000	$1,321	0.6%	$55.53	0.0%	COM	14448C104
AVGO	BROADCOM INC	3,500	$1,211	0.6%	$357.00	0.0%	COM	11135F101
MSFT	MICROSOFT CORP	2,000	$967	0.5%	$500.58	0.0%	COM	594918104
CTLP	CANTALOUPE INC	53,735	$571	0.3%	$10.60	0.0%	COM	138103106

Increased Positions (12)

QQQ INVESCO QQQ TR 14.8%

Value ($000) $30,716 (+104.6%) Shares 50,000 (+100.0%) Est. Cost — Unrealized —

TDOC TELADOC HEALTH INC 3.4%

Value ($000) $7,000 (+201.9%) Shares 1,000,000 (+233.3%) Est. Cost $7.79 Unrealized +0.5%

ABNB AIRBNB INC 2.0%

Value ($000) $4,072 (+204.8%) Shares 30,000 (+172.7%) Est. Cost $126.31 Unrealized -1.4%

PYPL PAYPAL HLDGS INC 2.7%

Value ($000) $5,692 (+69.8%) Shares 97,500 (+95.0%) Est. Cost $67.65 Unrealized -4.2%

PTON PELOTON INTERACTIVE INC 3.3%

Value ($000) $6,776 (+50.6%) Shares 1,100,000 (+120.0%) Est. Cost $6.13 Unrealized +14.8%

AIV APARTMENT INVT & MGMT CO 1.9%

Value ($000) $3,861 (+87.3%) Shares 650,000 (+150.0%) Est. Cost $6.74 Unrealized —

COMP COMPASS INC 1.5%

Value ($000) $3,171 (+97.4%) Shares 300,000 (+50.0%) Est. Cost $6.77 Unrealized +34.8%

SPWH SPORTSMANS WHSE HLDGS INC 1.7%

Value ($000) $3,473 (-29.6%) Shares 2,378,681 (+33.5%) Est. Cost $3.96 Unrealized -45.1%

LYFT LYFT INC 2.3%

Value ($000) $4,843 (+41.9%) Shares 250,000 (+61.3%) Est. Cost $17.13 Unrealized +21.4%

LION LIONSGATE STUDIOS CORP 1.3%

Value ($000) $2,739 (+84.7%) Shares 300,000 (+39.6%) Est. Cost $6.80 Unrealized +4.7%

CTRI CENTURI HOLDINGS INC 1.2%

Value ($000) $2,525 (+98.8%) Shares 100,000 (+66.7%) Est. Cost $21.68 Unrealized +3.1%

RH RH 4.7%

Value ($000) $9,853 (-3.0%) Shares 55,000 (+10.0%) Est. Cost $249.94 Unrealized -31.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	50,000 (+100.0%)	$30,716 (+104.6%)	14.8%	—	—	PUT	46090E103
TDOC	TELADOC HEALTH INC	1,000,000 (+233.3%)	$7,000 (+201.9%)	3.4%	$7.79	+0.5%	COM	87918A105
ABNB	AIRBNB INC	30,000 (+172.7%)	$4,072 (+204.8%)	2.0%	$126.31	-1.4%	COM CL A	009066101
PYPL	PAYPAL HLDGS INC	97,500 (+95.0%)	$5,692 (+69.8%)	2.7%	$67.65	-4.2%	COM	70450Y103
PTON	PELOTON INTERACTIVE INC	1,100,000 (+120.0%)	$6,776 (+50.6%)	3.3%	$6.13	+14.8%	CL A COM	70614W100
AIV	APARTMENT INVT & MGMT CO	650,000 (+150.0%)	$3,861 (+87.3%)	1.9%	$6.74	—	CL A	03748R747
COMP	COMPASS INC	300,000 (+50.0%)	$3,171 (+97.4%)	1.5%	$6.77	+34.8%	CALL	20464U100
SPWH	SPORTSMANS WHSE HLDGS INC	2,378,681 (+33.5%)	$3,473 (-29.6%)	1.7%	$3.96	-45.1%	COM	84920Y106
LYFT	LYFT INC	250,000 (+61.3%)	$4,843 (+41.9%)	2.3%	$17.13	+21.4%	CL A COM	55087P104
LION	LIONSGATE STUDIOS CORP	300,000 (+39.6%)	$2,739 (+84.7%)	1.3%	$6.80	+4.7%	COM	53626N102
CTRI	CENTURI HOLDINGS INC	100,000 (+66.7%)	$2,525 (+98.8%)	1.2%	$21.68	+3.1%	COM SHS	155923105
RH	RH	55,000 (+10.0%)	$9,853 (-3.0%)	4.7%	$249.94	-31.6%	COM	74967X103

Exited Positions (19)

PTON PELOTON INTERACTIVE INC 3.5%

Value ($000) $7,200 Shares 800,000 Est. Cost $6.13 Unrealized +14.8%

UNH UNITEDHEALTH GROUP INC 2.5%

Value ($000) $5,180 Shares 15,000 Est. Cost $298.94 Unrealized +12.8%

MHK MOHAWK INDS INC 2.5%

Value ($000) $5,157 Shares 40,000 Est. Cost $121.42 Unrealized -5.4%

FWRD FORWARD AIR CORP 1.8%

Value ($000) $3,846 Shares 150,000 Est. Cost $17.76 Unrealized +26.7%

ORCL ORACLE CORP 1.7%

Value ($000) $3,516 Shares 12,500 Est. Cost $161.57 Unrealized +47.3%

CORZW CORE SCIENTIFIC INC NEW 1.5%

Value ($000) $3,198 Shares 275,000 Est. Cost $11.23 Unrealized —

VYX NCR VOYIX CORPORATION 1.2%

Value ($000) $2,510 Shares 200,000 Est. Cost $13.88 Unrealized -21.7%

GOOG ALPHABET INC 1.2%

Value ($000) $2,436 Shares 10,000 Est. Cost $209.93 Unrealized +36.4%

SOC SABLE OFFSHORE CORP 1.1%

Value ($000) $2,383 Shares 136,500 Est. Cost $25.63 Unrealized -63.2%

FWRD FORWARD AIR CORP 1.1%

Value ($000) $2,308 Shares 90,000 Est. Cost $17.76 Unrealized +26.7%

KMX CARMAX INC 1.1%

Value ($000) $2,244 Shares 50,000 Est. Cost — Unrealized —

SRPT SAREPTA THERAPEUTICS INC 1.0%

Value ($000) $2,023 Shares 105,000 Est. Cost $17.83 Unrealized +18.2%

MOH MOLINA HEALTHCARE INC 0.9%

Value ($000) $1,914 Shares 10,000 Est. Cost $184.06 Unrealized -10.7%

CORZ CORE SCIENTIFIC INC NEW 0.9%

Value ($000) $1,794 Shares 100,000 Est. Cost — Unrealized —

DOCU DOCUSIGN INC 0.7%

Value ($000) $1,442 Shares 20,000 Est. Cost $84.24 Unrealized -17.9%

BTBT BIT DIGITAL INC 0.4%

Value ($000) $900 Shares 300,000 Est. Cost $2.21 Unrealized +30.9%

WOOF PETCO HEALTH & WELLNESS CO I 0.3%

Value ($000) $677 Shares 175,000 Est. Cost $3.35 Unrealized -3.3%

WBD WARNER BROS DISCOVERY INC 0.3%

Value ($000) $586 Shares 30,000 Est. Cost — Unrealized —

YEXT YEXT INC 0.2%

Value ($000) $426 Shares 50,000 Est. Cost $8.49 Unrealized -0.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PTON	PELOTON INTERACTIVE INC	800,000	$7,200	3.5%	$6.13	+14.8%	CALL	70614W100
UNH	UNITEDHEALTH GROUP INC	15,000	$5,180	2.5%	$298.94	+12.8%	—	91324P102
MHK	MOHAWK INDS INC	40,000	$5,157	2.5%	$121.42	-5.4%	—	608190104
FWRD	FORWARD AIR CORP	150,000	$3,846	1.8%	$17.76	+26.7%	—	34986A104
ORCL	ORACLE CORP	12,500	$3,516	1.7%	$161.57	+47.3%	—	68389X105
CORZW	CORE SCIENTIFIC INC NEW	275,000	$3,198	1.5%	$11.23	—	—	21874A114
VYX	NCR VOYIX CORPORATION	200,000	$2,510	1.2%	$13.88	-21.7%	—	62886E108
GOOG	ALPHABET INC	10,000	$2,436	1.2%	$209.93	+36.4%	—	02079K107
SOC	SABLE OFFSHORE CORP	136,500	$2,383	1.1%	$25.63	-63.2%	—	78574H104
FWRD	FORWARD AIR CORP	90,000	$2,308	1.1%	$17.76	+26.7%	CALL	34986A104
KMX	CARMAX INC	50,000	$2,244	1.1%	—	—	CALL	143130102
SRPT	SAREPTA THERAPEUTICS INC	105,000	$2,023	1.0%	$17.83	+18.2%	—	803607100
MOH	MOLINA HEALTHCARE INC	10,000	$1,914	0.9%	$184.06	-10.7%	—	60855R100
CORZ	CORE SCIENTIFIC INC NEW	100,000	$1,794	0.9%	—	—	CALL	21874A106
DOCU	DOCUSIGN INC	20,000	$1,442	0.7%	$84.24	-17.9%	—	256163106
BTBT	BIT DIGITAL INC	300,000	$900	0.4%	$2.21	+30.9%	—	G1144A105
WOOF	PETCO HEALTH & WELLNESS CO I	175,000	$677	0.3%	$3.35	-3.3%	—	71601V105
WBD	WARNER BROS DISCOVERY INC	30,000	$586	0.3%	—	—	CALL	934423104
YEXT	YEXT INC	50,000	$426	0.2%	$8.49	-0.7%	—	98585N106

Decreased Positions (19)

SPY SPDR S&P 500 ETF TR 14.8%

Value ($000) $30,686 (-50.5%) Shares 45,000 (-51.6%) Est. Cost — Unrealized —

IWM ISHARES TR 2.4%

Value ($000) $4,923 (-82.3%) Shares 20,000 (-82.6%) Est. Cost — Unrealized —

PYPL PAYPAL HLDGS INC 0.8%

Value ($000) $1,751 (-73.9%) Shares 30,000 (-70.0%) Est. Cost $67.65 Unrealized -4.2%

LYFT LYFT INC 2.3%

Value ($000) $4,746 (-46.1%) Shares 245,000 (-38.8%) Est. Cost $17.13 Unrealized +21.4%

GDEN GOLDEN ENTMT INC 0.2%

Value ($000) $440 (-86.9%) Shares 16,190 (-88.6%) Est. Cost $33.55 Unrealized -23.4%

COMP COMPASS INC 3.4%

Value ($000) $7,053 (-23.6%) Shares 667,287 (-41.9%) Est. Cost $6.77 Unrealized +34.8%

NRG NRG ENERGY INC 0.8%

Value ($000) $1,592 (-50.8%) Shares 10,000 (-50.0%) Est. Cost $100.05 Unrealized +65.2%

ANET ARISTA NETWORKS INC 0.6%

Value ($000) $1,310 (-55.0%) Shares 10,000 (-50.0%) Est. Cost $101.39 Unrealized +35.8%

CEG CONSTELLATION ENERGY CORP 0.8%

Value ($000) $1,766 (-46.3%) Shares 5,000 (-50.0%) Est. Cost $266.65 Unrealized +36.2%

RDNW RIDENOW GROUP INC 4.2%

Value ($000) $8,763 (+15.1%) Shares 1,587,491 (-8.3%) Est. Cost $4.30 Unrealized +8.8%

AMD ADVANCED MICRO DEVICES INC 1.0%

Value ($000) $2,142 (-33.8%) Shares 10,000 (-50.0%) Est. Cost $111.19 Unrealized +102.0%

DELL DELL TECHNOLOGIES INC 0.9%

Value ($000) $1,888 (-33.4%) Shares 15,000 (-25.0%) Est. Cost $102.77 Unrealized +37.0%

HGV HILTON GRAND VACATIONS INC 1.2%

Value ($000) $2,461 (-26.4%) Shares 55,000 (-31.3%) Est. Cost $42.98 Unrealized -1.2%

CHKP CHECK POINT SOFTWARE TECH LT 0.7%

Value ($000) $1,392 (-32.7%) Shares 7,500 (-25.0%) Est. Cost $206.71 Unrealized -6.5%

ESTA ESTABLISHMENT LABS HLDGS INC 3.2%

Value ($000) $6,559 (-8.6%) Shares 90,000 (-48.6%) Est. Cost $40.94 Unrealized +47.5%

FTHM FATHOM HOLDINGS INC 0.2%

Value ($000) $385 (-52.4%) Shares 381,548 (-15.2%) Est. Cost $1.66 Unrealized -19.0%

DDOG DATADOG INC 0.5%

Value ($000) $1,020 (-28.4%) Shares 7,500 (-25.0%) Est. Cost $120.89 Unrealized +30.7%

ILPT INDUSTRIAL LOGISTICS PPTYS T 2.5%

Value ($000) $5,152 (-7.0%) Shares 930,000 (-2.1%) Est. Cost $3.55 Unrealized —

DBI DESIGNER BRANDS INC 1.8%

Value ($000) $3,715 (+4.9%) Shares 500,000 (-50.0%) Est. Cost $3.37 Unrealized +41.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	45,000 (-51.6%)	$30,686 (-50.5%)	14.8%	—	—	PUT	78462F103
IWM	ISHARES TR	20,000 (-82.6%)	$4,923 (-82.3%)	2.4%	—	—	PUT	464287655
PYPL	PAYPAL HLDGS INC	30,000 (-70.0%)	$1,751 (-73.9%)	0.8%	$67.65	-4.2%	CALL	70450Y103
LYFT	LYFT INC	245,000 (-38.8%)	$4,746 (-46.1%)	2.3%	$17.13	+21.4%	CALL	55087P104
GDEN	GOLDEN ENTMT INC	16,190 (-88.6%)	$440 (-86.9%)	0.2%	$33.55	-23.4%	COM	381013101
COMP	COMPASS INC	667,287 (-41.9%)	$7,053 (-23.6%)	3.4%	$6.77	+34.8%	CL A	20464U100
NRG	NRG ENERGY INC	10,000 (-50.0%)	$1,592 (-50.8%)	0.8%	$100.05	+65.2%	COM NEW	629377508
ANET	ARISTA NETWORKS INC	10,000 (-50.0%)	$1,310 (-55.0%)	0.6%	$101.39	+35.8%	COM SHS	040413205
CEG	CONSTELLATION ENERGY CORP	5,000 (-50.0%)	$1,766 (-46.3%)	0.8%	$266.65	+36.2%	COM	21037T109
RDNW	RIDENOW GROUP INC	1,587,491 (-8.3%)	$8,763 (+15.1%)	4.2%	$4.30	+8.8%	COM CL B	781386305
AMD	ADVANCED MICRO DEVICES INC	10,000 (-50.0%)	$2,142 (-33.8%)	1.0%	$111.19	+102.0%	COM	007903107
DELL	DELL TECHNOLOGIES INC	15,000 (-25.0%)	$1,888 (-33.4%)	0.9%	$102.77	+37.0%	CL C	24703L202
HGV	HILTON GRAND VACATIONS INC	55,000 (-31.3%)	$2,461 (-26.4%)	1.2%	$42.98	-1.2%	COM	43283X105
CHKP	CHECK POINT SOFTWARE TECH LT	7,500 (-25.0%)	$1,392 (-32.7%)	0.7%	$206.71	-6.5%	ORD	M22465104
ESTA	ESTABLISHMENT LABS HLDGS INC	90,000 (-48.6%)	$6,559 (-8.6%)	3.2%	$40.94	+47.5%	COM	G31249108
FTHM	FATHOM HOLDINGS INC	381,548 (-15.2%)	$385 (-52.4%)	0.2%	$1.66	-19.0%	COM	31189V109
DDOG	DATADOG INC	7,500 (-25.0%)	$1,020 (-28.4%)	0.5%	$120.89	+30.7%	CL A COM	23804L103
ILPT	INDUSTRIAL LOGISTICS PPTYS T	930,000 (-2.1%)	$5,152 (-7.0%)	2.5%	$3.55	—	COM SHS BEN INT	456237106
DBI	DESIGNER BRANDS INC	500,000 (-50.0%)	$3,715 (+4.9%)	1.8%	$3.37	+41.9%	CL A	250565108

Unchanged Positions (6)

CZR CAESARS ENTERTAINMENT INC NE 3.8%

Value ($000) $7,953 Shares 340,000 Est. Cost $35.61 Unrealized -36.9%

QNCX QUINCE THERAPEUTICS INC 0.4%

Value ($000) $753 Shares 224,746 Est. Cost $1.38 Unrealized +81.7%

VST VISTRA CORP 0.8%

Value ($000) $1,613 Shares 10,000 Est. Cost $148.62 Unrealized +22.4%

TLN TALEN ENERGY CORP 0.9%

Value ($000) $1,874 Shares 5,000 Est. Cost $216.89 Unrealized +79.2%

FLD FOLD HLDGS INC 0.1%

Value ($000) $233 Shares 89,130 Est. Cost $4.17 Unrealized -20.7%

GTEN GORES HLDGS X INC 0.5%

Value ($000) $1,025 Shares 100,000 Est. Cost $10.22 Unrealized +1.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CZR	CAESARS ENTERTAINMENT INC NE	340,000	$7,953	3.8%	$35.61	-36.9%	COM	12769G100
QNCX	QUINCE THERAPEUTICS INC	224,746	$753	0.4%	$1.38	+81.7%	COM	22053A107
VST	VISTRA CORP	10,000	$1,613	0.8%	$148.62	+22.4%	COM	92840M102
TLN	TALEN ENERGY CORP	5,000	$1,874	0.9%	$216.89	+79.2%	COM	87422Q109
FLD	FOLD HLDGS INC	89,130	$233	0.1%	$4.17	-20.7%	COM CL A	29103K100
GTEN	GORES HLDGS X INC	100,000	$1,025	0.5%	$10.22	+1.0%	SHS CL A	G4002F109