Square Wave Capital, LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Square Wave Capital, LLC disclosed 8 US equity positions worth $93.4m in its Q1 2025 13F filing. The largest position was TW at 16.9% of the reported book, followed by FICO and EFX. Against the Q4 2024 filing, it opened 0 new positions, added to 4 and reduced 4 among the top 8 holdings.
What did Square Wave Capital, LLC own in Q1 2025? Top 8 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TW TRADEWEB MKTS INC | Financial Services | 16.9% | $15.8m | 106,274 | 7% | added |
| 2 | FICO FAIR ISAAC CORP | Technology | 15.8% | $14.8m | 8,016 | 3% | added |
| 3 | EFX EQUIFAX INC | Industrials | 14.9% | $14.0m | 57,324 | 22% | added |
| 4 | AXON AXON ENTERPRISE INC | Industrials | 13.9% | $13.0m | 24,627 | -15% | reduced |
| 5 | IT GARTNER INC | Technology | 12.7% | $11.9m | 28,245 | 7% | added |
| 6 | VEEV VEEVA SYS INC | Healthcare | 12.3% | $11.5m | 49,538 | -28% | reduced |
| 7 | MCO MOODYS CORP | Financial Services | 12.0% | $11.2m | 24,154 | -2% | reduced |
| 8 | CRM SALESFORCE INC | Technology | 1.5% | $1.4m | 5,191 | -76% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.