FirstWave Capital Management LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, FirstWave Capital Management LLC maintained a portfolio of 73 distinct positions. The most significant new addition to the portfolio was TRANSMEDICS GROUP IN, which now represents 5.39% of the total fund value.
PCA Score Concentration Risk
Risk ENB
Total Positions
73
Quarter
2025 Q4
Top Holding
TMDX (5.4%)
Top 10 Concentration
36.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 73
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
TMDX
TRANSMEDICS GRO...
Unknown 5.39% #1
Prev: #—
4.2 74,562 no change
NEW
74,562 $9,070,467 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NBIS
NEBIUS GROUP N....
Unknown 4.27% #2
Prev: #—
3.7 85,862 no change
NEW
85,862 $7,187,508 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CPNG
COUPANG INC
Unknown 4.00% #3
Prev: #—
3.6 285,513 no change
NEW
285,513 $6,735,252 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HIMS
HIMS & HERS HEA...
Unknown 3.62% #4
Prev: #—
3.4 187,657 no change
NEW
187,657 $6,093,223 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IREN
IREN LIMITED
Unknown 3.61% #5
Prev: #—
3.4 160,884 no change
NEW
160,884 $6,076,589 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RDDT
REDDIT INC
Unknown 3.47% #6
Prev: #—
3.4 25,392 no change
NEW
25,392 $5,836,859 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
APP
APPLOVIN CORP
Unknown 3.34% #7
Prev: #—
3.3 8,332 no change
NEW
8,332 $5,614,268 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FOUR
SHIFT4 PMTS INC
Unknown 3.10% #8
Prev: #—
3.2 82,871 no change
NEW
82,871 $5,218,387 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SE
SEA LTD
Unknown 3.00% #9
Prev: #—
3.2 39,586 no change
NEW
39,586 $5,049,986 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UVIX
VS TRUST
Unknown 2.99% #10
Prev: #—
3.2 881,126 no change
NEW
881,126 $5,031,229 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ALAB
ASTERA LABS INC
Unknown 2.96% #11
Prev: #—
3.2 29,969 no change
NEW
29,969 $4,985,643 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CLPT
CLEARPOINT NEUR...
Unknown 2.95% #12
Prev: #—
3.2 363,409 no change
NEW
363,409 $4,971,435 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CRDO
CREDO TECHNOLOG...
Unknown 2.94% #13
Prev: #—
3.2 34,378 no change
NEW
34,378 $4,946,650 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HROW
HARROW INC
Unknown 2.73% #14
Prev: #—
3.1 93,953 no change
NEW
93,953 $4,603,697 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CELH
CELSIUS HLDGS I...
Unknown 2.73% #15
Prev: #—
3.1 100,579 no change
NEW
100,579 $4,600,483 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ONON
ON HLDG AG
Unknown 2.64% #16
Prev: #—
3.1 95,774 no change
NEW
95,774 $4,451,576 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PRCT
PROCEPT BIOROBO...
Unknown 2.23% #17
Prev: #—
2.9 119,523 no change
NEW
119,523 $3,760,194 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ZETA
ZETA GLOBAL HOL...
Unknown 1.83% #18
Prev: #—
2.7 151,235 no change
NEW
151,235 $3,077,632 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MP
MP MATERIALS CO...
Unknown 1.75% #19
Prev: #—
2.7 58,376 no change
NEW
58,376 $2,949,156 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NU
NU HLDGS LTD
Unknown 1.58% #20
Prev: #—
2.6 158,536 no change
NEW
158,536 $2,653,893 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ZS
ZSCALER INC
Unknown 1.54% #21
Prev: #—
2.6 11,563 no change
NEW
11,563 $2,600,750 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MELI
MERCADOLIBRE IN...
Unknown 1.47% #22
Prev: #—
2.6 1,227 no change
NEW
1,227 $2,471,497 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMBA
AMBARELLA INC
Unknown 1.39% #23
Prev: #—
2.6 33,075 no change
NEW
33,075 $2,343,033 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FTAI
FTAI AVIATION L...
Unknown 1.33% #24
Prev: #—
2.5 11,394 no change
NEW
11,394 $2,242,909 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RKT
ROCKET COS INC
Unknown 1.32% #25
Prev: #—
2.5 114,798 no change
NEW
114,798 $2,222,489 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 73 holdings

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