Q1 2026 · 13F-HR
FirstWave Capital Management LLCholdings as filed
Filed 2026-05-12 · accession 0002093108-26-000004
$94.1M
Reported value
27
Positions
2026-03-31
Period end
The Brief · FirstWave Capital Management LLC · Q1 2026
AI · grounded in 13F
FirstWave Capital Management LLC closed its position in FOUR for a reduction of $5.22M. The fund also exited positions in UVIX for $5.03M and ZETA for $3.08M. New positions were established in AAOI for $1.65M and HOOD for $1.56M. Additionally, the fund increased its holdings in APP by 138.51% and MELI by 114.1%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 89377M109 | TMDX | TRANSMEDICS GROUP INC | $12.4M | 13.1% | 124,268 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $9.3M | 9.86% | 89,399 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $7.9M | 8.41% | 19,873 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $7.3M | 7.73% | 54,033 | Common | SOLE |
| 433000106 | HIMS | HIMS & HERS HEALTH INC | $5.4M | 5.74% | 260,247 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $5.3M | 5.63% | 280,435 | Common | SOLE |
| 415858109 | HROW | HARROW INC | $5.1M | 5.39% | 143,923 | Common | SOLE |
| G25457105 | CRDO | CREDO TECHNOLOGY GROUP HOLDI | $4.6M | 4.86% | 48,662 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $4.5M | 4.83% | 2,627 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $4.2M | 4.43% | 289,752 | Common | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $4.1M | 4.32% | 118,614 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $3.1M | 3.32% | 37,751 | Common | SOLE |
| 04626A103 | ALAB | ASTERA LABS INC | $3.0M | 3.18% | 27,290 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $2.4M | 2.55% | 49,653 | Common | SOLE |
| 74276L105 | PRCT | PROCEPT BIOROBOTICS CORP | $2.0M | 2.14% | 80,339 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $2.0M | 2.12% | 58,726 | Common | SOLE |
| 03823U102 | AAOI | APPLIED OPTOELECTRONICS INC | $1.6M | 1.75% | 19,454 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $1.6M | 1.66% | 22,572 | Common | SOLE |
| 68236H204 | ONDS | ONDAS INC | $1.4M | 1.53% | 159,094 | Common | SOLE |
| 15118V207 | CELH | CELSIUS HLDGS INC | $1.2M | 1.24% | 32,934 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $1.0M | 1.11% | 3,103 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $991,594 | 1.05% | 1,411 | Common | SOLE |
| 83406F102 | SOFI | SOFI TECHNOLOGIES INC | $886,660 | 0.94% | 55,835 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $885,665 | 0.94% | 3,718 | Common | SOLE |
| 18507C103 | CLPT | CLEARPOINT NEURO INC | $872,144 | 0.93% | 95,840 | Common | SOLE |
| 172573107 | CRCL | CIRCLE INTERNET GROUP INC | $770,436 | 0.82% | 8,075 | Common | SOLE |
| 78462F103 | SPY | STATE STR SPDR S&P 500 ETF T | $362,000 | 0.38% | 400,000 | CALL | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.