Ulysses Management LLC
CIK
1510912
Location
New York, NY
Portfolio Value
Small
$798,331,643
Diversification
Highly concentrated
Filing Date
Global Rank
#1,738
/ 8,232
▲ 619
Top Industry
Medical Distribution
20.7%
3Y Alpha vs SPY
-14.4%
Period ended 2 months ago
Filed May 15, 2026 · 30d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+20.5%
SPY
+76.3%
Annualised alpha
-14.4%
Max drawdown
−24.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
30 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
57.0%
+36.2 pts
Top 5
83.9%
+21.3 pts
Top 10
93.9%
+10.5 pts
HHI
3,470
Highly concentrated+2,441
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 59.7% | $476,210,865 |
| Technology | 16.3% | $129,832,080 |
| Consumer Cyclical | 11.5% | $92,185,782 |
| Healthcare | 8.7% | $69,133,014 |
| Financial Services | 2.5% | $19,561,444 |
| Communication Services | 0.7% | $5,478,858 |
| Basic Materials | 0.4% | $3,414,650 |
| Industrials | 0.3% | $2,514,950 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SPY | Spdr S&P 500 ETF Trust | +677,500 | 700,000 | $455,238,000 | |
| SSYS | Stratasys Ltd. | +480,000 | 555,000 | $4,334,550 | |
| HSIC | Henry Schein Inc | +45,500 | 904,758 | $66,680,664 | |
| NTB | Bank of N.T. Butterfield & Son Ltd | +7,500 | 37,500 | $1,968,000 | |
| GLD | Spdr Gold Trust | +5,500 | 8,500 | $3,657,465 | |
| USB | US Bancorp De | +5,000 | 30,000 | $1,560,300 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
12 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BALL | BALL Corp | −470,000 | 540,000 | $31,919,400 | |
| TRMB | Trimble Inc. | −274,798 | 70,000 | $4,566,100 | |
| AMZN | Amazon Com Inc | −205,000 | 277,500 | $57,794,925 | |
| AAPL | Apple Inc. | −32,500 | 30,000 | $7,613,700 | |
| UBER | Uber Technologies, Inc | −32,200 | 271,700 | $19,543,381 | |
| ANGI | Angi Inc. | −25,000 | 547,956 | $3,753,498 | |
| EMBJ | Embraer S.A. | −17,500 | 32,500 | $1,928,550 | |
| FCX | Freeport-Mcmoran Inc | −10,000 | 25,000 | $1,469,500 | |
| JPM | Jpmorgan Chase & Co | −9,000 | 13,000 | $3,824,080 | |
| MSFT | Microsoft Corp | −3,907 | 156,867 | $58,067,457 | |
| GS | Goldman Sachs Group Inc | −1,500 | 3,000 | $2,537,970 | |
| GOOGL | Alphabet Inc. | −500 | 6,000 | $1,725,360 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
4 positions
Sold Out
Positions the filer fully exited
11 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CSGP | Costar Group, Inc. | 330,500 | $22,222,820 | |
| UNF | Unifirst Corp | 51,241 | $9,884,388 | |
| IAC | IAC Inc. | 206,129 | $8,059,643 | |
| TEAM | Atlassian Corp | 20,000 | $3,242,800 | |
| GEV | GE Vernova Inc. | 2,500 | $1,633,925 | |
| WBS | Webster Financial Corp | 20,000 | $1,258,800 | |
| AXP | American Express Co | 3,000 | $1,109,850 | |
| ASML | Asml Holding NV | 1,000 | $1,069,860 | |
| APO | Apollo Global Management, Inc. | 5,000 | $723,800 | |
| DHR | Danaher Corp /De/ | 3,000 | $686,760 | |
| BLND | Blend Labs, Inc. | 25,800 | $78,432 | |
| No positions match the current search. | ||||
30 positions ·
$798,331,643 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Financial Services
Healthcare
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 700,000 | $455,238,000 | 57.02% | |
| HSIC |
Henry Schein Inc
Healthcare
|
Added | 904,758 | $66,680,664 | 8.35% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 156,867 | $58,067,457 | 7.27% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 277,500 | $57,794,925 | 7.24% | |
| BALL |
BALL Corp
Consumer Cyclical
|
Reduced | 540,000 | $31,919,400 | 4.00% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Held | 82,500 | $27,880,875 | 3.49% | |
| UBER |
Uber Technologies, Inc
Technology
|
Reduced | 271,700 | $19,543,381 | 2.45% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
NEW | 30,000 | $17,315,400 | 2.17% | |
| SMWB |
Similarweb Ltd.
Technology
|
Held | 2,998,474 | $7,826,017 | 0.98% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 30,000 | $7,613,700 | 0.95% | |
| DCOM |
Dime Community Bancshares, Inc. /NY/
Financial Services
|
Held | 224,441 | $7,590,594 | 0.95% | |
| TRMB |
Trimble Inc.
Technology
|
Reduced | 70,000 | $4,566,100 | 0.57% | |
| SSYS |
Stratasys Ltd.
Technology
|
Added | 555,000 | $4,334,550 | 0.54% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 13,000 | $3,824,080 | 0.48% | |
| ANGI |
Angi Inc.
Communication Services
|
Reduced | 547,956 | $3,753,498 | 0.47% | |
| GLD |
Spdr Gold Trust
|
Added | 8,500 | $3,657,465 | 0.46% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Reduced | 3,000 | $2,537,970 | 0.32% | |
| PACK |
Ranpak Holdings Corp.
Consumer Cyclical
|
Held | 692,285 | $2,471,457 | 0.31% | |
| NTB |
Bank of N.T. Butterfield & Son Ltd
Financial Services
|
Added | 37,500 | $1,968,000 | 0.25% | |
| EMBJ |
Embraer S.A.
Industrials
|
Reduced | 32,500 | $1,928,550 | 0.24% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 6,000 | $1,725,360 | 0.22% | |
| USB |
US Bancorp De
Financial Services
|
Added | 30,000 | $1,560,300 | 0.20% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Held | 3,000 | $1,474,590 | 0.18% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Reduced | 25,000 | $1,469,500 | 0.18% | |
| B |
Barrick Mining Corp
Basic Materials
|
Held | 35,000 | $1,427,650 | 0.18% | |
| RKT |
Rocket Companies, Inc.
Financial Services
|
NEW | 100,000 | $1,425,000 | 0.18% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Held | 4,000 | $977,760 | 0.12% | |
| PFSI |
PennyMac Financial Services, Inc.
Financial Services
|
NEW | 7,500 | $655,500 | 0.08% | |
| KRNT |
Kornit Digital Ltd.
Industrials
|
Held | 40,000 | $586,400 | 0.07% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
NEW | 10,000 | $517,500 | 0.06% |