Square Wave Capital, LLC 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Square Wave Capital, LLC disclosed 7 US equity positions worth $104.3m in its Q2 2025 13F filing. The largest position was AXON at 15.8% of the reported book, followed by TW and VEEV. Against the Q1 2025 filing, it opened 0 new positions, added to 6 and reduced 1 among the top 7 holdings.
What did Square Wave Capital, LLC own in Q2 2025? Top 7 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | AXON AXON ENTERPRISE INC | Industrials | 15.8% | $16.5m | 19,915 | -19% | reduced |
| 2 | TW TRADEWEB MKTS INC | Financial Services | 15.0% | $15.6m | 106,870 | 1% | added |
| 3 | VEEV VEEVA SYS INC | Healthcare | 14.8% | $15.4m | 53,426 | 8% | added |
| 4 | EFX EQUIFAX INC | Industrials | 14.7% | $15.3m | 58,962 | 3% | added |
| 5 | FICO FAIR ISAAC CORP | Technology | 14.5% | $15.1m | 8,284 | 3% | added |
| 6 | MCO MOODYS CORP | Financial Services | 13.3% | $13.9m | 27,669 | 15% | added |
| 7 | IT GARTNER INC | Technology | 11.9% | $12.4m | 30,728 | 9% | added |
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.