FirstWave Capital Management
FirstWave Capital Management reported 62 stocks worth $226M in its 13F filing for Q2 2026, filed Aug 12, 2026. Its largest holdings are RDDT (5.9%), APP (5.8%) and TMDX (5.6%). Compared with Q1 2026, the fund opened new positions in FPS, DRAM and SHAZ, added to RDDT, APP and TMDX, trimmed NBIS, CRDO and ALAB and sold out of ONON, HOOD and CELH.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 3 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  RDDT Reddit Inc | $13.4M | 5.9% | 77K | +23K (+43%) | 3 of 3 | |
| 2 |  APP Applovin Corp | $13.1M | 5.8% | 25K | +5,553 (+28%) | 3 of 3 | |
| 3 |  TMDX Transmedics Group Inc | $12.7M | 5.6% | 191K | +67K (+54%) | 3 of 3 | |
| 4 |  NBIS Nebius Group | $12.3M | 5.5% | 45K | −45K (−50%) | 3 of 3 | |
| 5 |  HIMS Hims & Hers Health Inc | $11.8M | 5.2% | 340K | +80K (+31%) | 3 of 3 | |
| 6 |  CRDO Credo Technology Group Holdi | $11.1M | 4.9% | 41K | −7,843 (−16%) | 3 of 3 | |
| 7 |  HROW Harrow Inc | $9M | 4.0% | 212K | +68K (+47%) | 3 of 3 | |
| 8 |  AAOI Applied Optoelectronics Inc | $8.6M | 3.8% | 58K | +39K (+200%) | 2 of 3 | |
| 9 |  MELI Mercadolibre Inc | $7.5M | 3.3% | 4,448 | +1,821 (+69%) | 3 of 3 | |
| 10 |  NU NU Hldgs Ltd | $6.9M | 3.1% | 518K | +229K (+79%) | 3 of 3 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026
Options
valued at the underlying shares| Stock | Type | Value | Shares | Change |
|---|---|---|---|---|
 MTUM Ishares Msci USA Momntum | Put | $154K | 43K | +42,500 |
Reported value
last 3 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 12, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →FirstWave Capital Management 13F FAQ
What does FirstWave Capital Management own?
FirstWave Capital Management reported 62 stocks worth $226M in its 13F filing for Q2 2026, filed Aug 12, 2026. Its largest holdings are RDDT (5.9%), APP (5.8%) and TMDX (5.6%). The table above lists every position in the filing (the top 10 without an account).
What did FirstWave Capital Management buy and sell in Q2 2026?
Compared with Q1 2026: 41 new positions, 17 added to, 4 trimmed and 5 sold out. New positions include FPS, DRAM and SHAZ. It sold all of ONON, HOOD and CELH.
When will FirstWave Capital Management file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is FirstWave Capital Management's portfolio worth?
The Q2 2026 filing reports $226M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.