13F HOLDINGS REPORT
FirstWave Capital Management LLC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0002093108-26-000002
Total Value
$168.3M
Positions
73
Other Managers
0
Confidential Omitted
No
Holdings (73)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TRANSMEDICS GROUP INC | TMDX | 74,562 | $9.1M | 5.39% |
| 2 | NEBIUS GROUP N.V. | NBIS | 85,862 | $7.2M | 4.27% |
| 3 | COUPANG INC | CPNG | 285,513 | $6.7M | 4.00% |
| 4 | HIMS & HERS HEALTH INC | HIMS | 187,657 | $6.1M | 3.62% |
| 5 | IREN LIMITED | IREN | 160,884 | $6.1M | 3.61% |
| 6 | REDDIT INC | RDDT | 25,392 | $5.8M | 3.47% |
| 7 | APPLOVIN CORP | APP | 8,332 | $5.6M | 3.34% |
| 8 | SHIFT4 PMTS INC | 82452J109 | 82,871 | $5.2M | 3.10% |
| 9 | SEA LTD | SE | 39,586 | $5.0M | 3.00% |
| 10 | VS TRUST | UVIX | 881,126 | $5.0M | 2.99% |
| 11 | ASTERA LABS INC | ALAB | 29,969 | $5.0M | 2.96% |
| 12 | CLEARPOINT NEURO INC | CLPT | 363,409 | $5.0M | 2.95% |
| 13 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | 34,378 | $4.9M | 2.94% |
| 14 | HARROW INC | HROW | 93,953 | $4.6M | 2.73% |
| 15 | CELSIUS HLDGS INC | CELH | 100,579 | $4.6M | 2.73% |
| 16 | ON HLDG AG | H5919C104 | 95,774 | $4.5M | 2.64% |
| 17 | PROCEPT BIOROBOTICS CORP | PRCT | 119,523 | $3.8M | 2.23% |
| 18 | ZETA GLOBAL HOLDINGS CORP | ZETA | 151,235 | $3.1M | 1.83% |
| 19 | MP MATERIALS CORP | MP | 58,376 | $2.9M | 1.75% |
| 20 | NU HLDGS LTD | NU | 158,536 | $2.7M | 1.58% |
| 21 | ZSCALER INC | ZS | 11,563 | $2.6M | 1.54% |
| 22 | MERCADOLIBRE INC | MELI | 1,227 | $2.5M | 1.47% |
| 23 | AMBARELLA INC | AMBA | 33,075 | $2.3M | 1.39% |
| 24 | FTAI AVIATION LTD | FTAIN | 11,394 | $2.2M | 1.33% |
| 25 | ROCKET COS INC | 77311W101 | 114,798 | $2.2M | 1.32% |
| 26 | ONDAS HLDGS INC | ONDS | 214,099 | $2.1M | 1.24% |
| 27 | OSCAR HEALTH INC | OSCR | 131,581 | $1.9M | 1.12% |
| 28 | T1 ENERGY INC | TE-WT | 260,120 | $1.7M | 1.03% |
| 29 | GLOBAL E ONLINE LTD | GLBE | 42,244 | $1.7M | 0.99% |
| 30 | RUBRIK INC. | RBRK | 21,471 | $1.6M | 0.98% |
| 31 | ROOT INC | ROOT | 22,718 | $1.6M | 0.97% |
| 32 | ALPHABET INC | GOOG | 4,394 | $1.4M | 0.82% |
| 33 | SPROTT FDS TR | SII | 46,972 | $1.4M | 0.81% |
| 34 | ASE TECHNOLOGY HLDG CO LTD | ASX | 84,380 | $1.4M | 0.81% |
| 35 | AEROVIRONMENT INC | AVAV | 5,602 | $1.4M | 0.80% |
| 36 | SOLARIS ENERGY INFRAS INC | SEI | 28,151 | $1.3M | 0.77% |
| 37 | MKS INC. | MKSI | 8,021 | $1.3M | 0.76% |
| 38 | TEMPUS AI INC | TEM | 21,635 | $1.3M | 0.76% |
| 39 | LUMENTUM HLDGS INC | LITE | 3,234 | $1.2M | 0.71% |
| 40 | DAVE INC | 23834J201 | 5,293 | $1.2M | 0.70% |
| 41 | ACM RESH INC | 00108J109 | 29,491 | $1.2M | 0.69% |
| 42 | COMFORT SYS USA INC | 199908104 | 1,225 | $1.1M | 0.68% |
| 43 | PHOTRONICS INC | PLAB | 35,503 | $1.1M | 0.67% |
| 44 | CIPHER MINING INC | 17253J106 | 76,124 | $1.1M | 0.67% |
| 45 | MONGODB INC | MDB | 2,675 | $1.1M | 0.67% |
| 46 | EOS ENERGY ENTERPRISES INC | EOSE | 97,326 | $1.1M | 0.66% |
| 47 | ALPHATEC HLDGS INC | ATEC | 52,726 | $1.1M | 0.66% |
| 48 | FLUENCE ENERGY INC | FLNC | 55,306 | $1.1M | 0.65% |
| 49 | CARVANA CO | CVNA | 2,576 | $1.1M | 0.65% |
| 50 | ASPEN AEROGELS INC | ASPN | 372,001 | $1.1M | 0.63% |
| 51 | DLOCAL LTD | DLO | 73,572 | $1.0M | 0.62% |
| 52 | INVESCO EXCH TRADED FD TR II | IVZ | 20,836 | $1.0M | 0.61% |
| 53 | DATADOG INC | DDOG | 7,418 | $1.0M | 0.60% |
| 54 | GALAXY DIGITAL INC. | GLXY | 44,102 | $986,121 | 0.59% |
| 55 | ORACLE CORP | ORCL-PD | 5,000 | $974,550 | 0.58% |
| 56 | GITLAB INC | GTLB | 24,439 | $917,196 | 0.54% |
| 57 | RAMBUS INC DEL | RMBS | 9,933 | $912,743 | 0.54% |
| 58 | SAMSARA INC | IOT | 25,714 | $911,561 | 0.54% |
| 59 | FIVERR INTL LTD | M4R82T106 | 46,019 | $909,335 | 0.54% |
| 60 | ALIBABA GROUP HLDG LTD | BBAAY | 6,185 | $906,597 | 0.54% |
| 61 | ROBLOX CORP | RBLX | 11,182 | $906,077 | 0.54% |
| 62 | TALEN ENERGY CORP | TLN | 2,406 | $901,865 | 0.54% |
| 63 | CAMECO CORP | CCJ | 9,816 | $898,066 | 0.53% |
| 64 | CIRCLE INTERNET GROUP INC | CRCL | 11,203 | $888,398 | 0.53% |
| 65 | RIOT PLATFORMS INC | RIOT | 68,830 | $872,076 | 0.52% |
| 66 | ADVANCED MICRO DEVICES INC | AMD | 3,856 | $825,801 | 0.49% |
| 67 | LITHIUM AMERS CORP NEW | LTUM | 188,100 | $820,116 | 0.49% |
| 68 | FREEPORT-MCMORAN INC | FCX | 15,544 | $789,480 | 0.47% |
| 69 | INTUITIVE SURGICAL INC | ISRG | 1,382 | $782,710 | 0.46% |
| 70 | SERVICENOW INC | NOW | 5,036 | $771,465 | 0.46% |
| 71 | DUOLINGO INC | DUOL | 4,345 | $762,548 | 0.45% |
| 72 | AXT INC | AXTI | 44,543 | $728,278 | 0.43% |
| 73 | SALESFORCE INC | CRM | 1,972 | $522,403 | 0.31% |