FirstWave Capital Management LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 2093108) · Explore on the interactive board
FirstWave Capital Management LLC disclosed 62 US equity positions worth $226.4m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 12, 2026). Its largest position is RDDT at 5.9% of the reported book, followed by APP, TMDX. The top ten holdings are 47.1% of the book, and the portfolio behaves like about 33 equal-weight positions. Versus the prior filing it opened 41 new positions, added to 17, reduced 4 and exited 5. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does FirstWave Capital Management LLC own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 41 new, 17 added, 4 reduced, 5 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | RDDT REDDIT INC | Communication Services | 5.9% | $13.4m | 77,389 | 43% | added |
| 2 | APP APPLOVIN CORP | Communication Services | 5.8% | $13.1m | 25,426 | 28% | added |
| 3 | TMDX TRANSMEDICS GROUP INC | Healthcare | 5.6% | $12.7m | 191,240 | 54% | added |
| 4 | NBIS NEBIUS GROUP N.V. | Communication Services | 5.4% | $12.3m | 44,645 | -50% | reduced |
| 5 | HIMS HIMS & HERS HEALTH INC | Healthcare | 5.2% | $11.8m | 339,978 | 31% | added |
| 6 | CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 4.9% | $11.1m | 40,819 | -16% | reduced |
| 7 | HROW HARROW INC | 4.0% | $9.0m | 211,981 | 47% | added | |
| 8 | AAOI APPLIED OPTOELECTRONICS INC | Technology | 3.8% | $8.6m | 58,277 | 200% | added |
| 9 | MELI MERCADOLIBRE INC | Consumer Cyclical | 3.3% | $7.5m | 4,448 | 69% | added |
| 10 | NU NU HLDGS LTD | Financial Services | 3.1% | $6.9m | 518,327 | 79% | added |
| 11 | IREN IREN LIMITED | Financial Services | 2.5% | $5.6m | 123,456 | 4% | added |
| 12 | MU MICRON TECHNOLOGY INC | Technology | 2.4% | $5.3m | 4,612 | 49% | added |
| 13 | ALAB ASTERA LABS INC | Technology | 2.3% | $5.3m | 10,953 | -60% | reduced |
| 14 | FPS FORGENT POWER SOLUTIONS INC | Industrials | 1.9% | $4.3m | 77,617 | – | new |
| 15 | SE SEA LTD | Consumer Cyclical | 1.9% | $4.3m | 45,120 | 20% | added |
| 16 | DRAM ROUNDHILL ETF TRUST | 1.6% | $3.7m | 49,852 | – | new | |
| 17 | SHAZ SHARONAI HOLDINGS INC | Technology | 1.6% | $3.5m | 41,694 | – | new |
| 18 | MP MP MATERIALS CORP | Basic Materials | 1.5% | $3.4m | 61,473 | 24% | added |
| 19 | BOOST RUN INC | 1.5% | $3.4m | 88,631 | – | new | |
| 20 | ZETA ZETA GLOBAL HOLDINGS CORP | Technology | 1.5% | $3.3m | 168,692 | – | new |
| 21 | PRCT PROCEPT BIOROBOTICS CORP | Healthcare | 1.4% | $3.3m | 144,408 | 80% | added |
| 22 | OUST OUSTER INC | Technology | 1.3% | $2.9m | 46,043 | – | new |
| 23 | NVDA NVIDIA CORPORATION | Technology | 1.2% | $2.8m | 13,965 | – | new |
| 24 | ONDS ONDAS INC | Technology | 1.2% | $2.7m | 330,115 | 107% | added |
| 25 | RBRK RUBRIK INC. | Technology | 1.2% | $2.7m | 33,807 | – | new |
| 26 | AXON AXON ENTERPRISE INC | Industrials | 1.1% | $2.5m | 4,528 | – | new |
| 27 | BE BLOOM ENERGY CORP | Industrials | 1.1% | $2.5m | 8,340 | – | new |
| 28 | CIFR CIPHER DIGITAL INC | Technology | 1.1% | $2.4m | 98,381 | – | new |
| 29 | LITE LUMENTUM HLDGS INC | Technology | 1.0% | $2.3m | 2,737 | 94% | added |
| 30 | CRWV COREWEAVE INC | Technology | 1.0% | $2.3m | 23,373 | – | new |
| 31 | PL PLANET LABS PBC | Industrials | 1.0% | $2.2m | 65,849 | – | new |
| 32 | MDB MONGODB INC | Technology | 0.9% | $2.1m | 6,347 | – | new |
| 33 | COHR COHERENT CORP | Technology | 0.9% | $2.1m | 5,304 | 43% | added |
| 34 | DDOG DATADOG INC | Technology | 0.9% | $2.1m | 7,985 | – | new |
| 35 | CLPT CLEARPOINT NEURO INC | 0.9% | $2.1m | 115,600 | 21% | added | |
| 36 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.9% | $2.0m | 3,481 | – | new |
| 37 | ASTS AST SPACEMOBILE INC | Technology | 0.9% | $1.9m | 21,895 | – | new |
| 38 | ZS ZSCALER INC | Technology | 0.8% | $1.9m | 13,351 | – | new |
| 39 | RKLB ROCKET LAB CORP | Industrials | 0.8% | $1.9m | 18,492 | – | new |
| 40 | GLW CORNING INC | Technology | 0.8% | $1.8m | 7,133 | – | new |
| 41 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 0.8% | $1.8m | 38,002 | – | new |
| 42 | INTC INTEL CORP | Technology | 0.8% | $1.8m | 12,950 | – | new |
| 43 | FLNC FLUENCE ENERGY INC | Utilities | 0.8% | $1.8m | 88,375 | – | new |
| 44 | DXYZ DESTINY TECH100 INC | 0.8% | $1.7m | 67,104 | – | new | |
| 45 | LPTH LIGHTPATH TECHNOLOGIES INC | Technology | 0.8% | $1.7m | 103,995 | – | new |
| 46 | NUAI NEW ERA ENERGY & DIGITAL INC | 0.7% | $1.6m | 252,068 | – | new | |
| 47 | LEN LENNAR CORP | Consumer Cyclical | 0.7% | $1.5m | 16,368 | – | new |
| 48 | KEEL KEEL INFRASTRUCTURE CORP | Technology | 0.7% | $1.5m | 257,503 | – | new |
| 49 | QCOM QUALCOMM INC | Technology | 0.6% | $1.5m | 7,900 | – | new |
| 50 | IBM INTERNATIONAL BUSINESS MACHS | Technology | 0.6% | $1.5m | 5,162 | – | new |
What did FirstWave Capital Management LLC sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| ON HLDG AG | 31.3% | $2.0m |
| HOOD ROBINHOOD MKTS INC | 24.5% | $1.6m |
| CELH CELSIUS HLDGS INC | 18.3% | $1.2m |
| SOFI SOFI TECHNOLOGIES INC | 13.9% | $886.7k |
| CRCL CIRCLE INTERNET GROUP INC | 12.1% | $770.4k |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 35.9% |
| Communication Services | 17.2% |
| Healthcare | 13.3% |
| Consumer Cyclical | 7.3% |
| Financial Services | 6.6% |
| Industrials | 5.9% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is FirstWave Capital Management LLC's portfolio?
Across every quarter FirstWave Capital Management LLC has filed, its median largest position is 9.6% of the book and its median top-ten weight is 58.7%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 5.0 completed holding spells, the median lasted 1.0 quarters; 62.0 positions are still open and their final length is unknown.