Alpha Wave Global, LP

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Alpha Wave Global, LP reported 22 stock positions worth $815.7 million. Its top holding was Qxo (QXO) at 57.7% of the portfolio, followed by Alto Neuroscience (ANRO, 8.1%) and Lenz Therapeutics (LENZ, 7.1%). Compared with Q3 2025, it opened 4 new positions, sold out of 7, added to 9 and reduced 4. The biggest buy was a new position in Ventas (VTR) and the biggest sale an exit from Metsera (MTSR).

Most Recent 13F
Q2 2026
Location
Miami, FL
CIK
0001558858
Portfolio Value
$815.7M (Q4 2025)
SEC Filing
0001172661-26-000796 ↗ filed Feb 13, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $329.0M Q1 2024 Q2 2024: $298.9M Q2 2024 Q3 2024: $321.8M Q3 2024 Q4 2024: $215.9M Q4 2024 Q1 2025: $224.5M Q1 2025 Q2 2025: $928.1M Q2 2025 Q3 2025: $987.3M Q3 2025 Q4 2025: $815.7M $815.7M Q4 2025 Q1 2026: $790.5M Q1 2026 Q2 2026: $6.2B Q2 2026

Holdings 22 stocks · $815.7M
QXO Qxo Inc. 57.68% 24,390,244 $470.5M No change
ANRO Alto Neuroscience Inc. 8.09% 3,707,757 $66.0M No change
LENZ Lenz Therapeutics Inc. 7.08% 3,612,211 $57.8M No change
BA The Boeing Co. 4.79% 179,970 $39.1M Add +21.2%
RDNT Radnet Inc. 4.74% 541,451 $38.6M Add +1.5%
WWD Woodward Inc. 4.44% 119,904 $36.2M Add +1.7%
VTR Ventas Inc. 2.51% 264,983 $20.5M New
REZI Resideo Technologies Inc. 2.00% 464,083 $16.3M Add +127.4%
NGVT Ingevity Corp. 1.39% 190,978 $11.3M Add +25.6%
KLAR Klarna Group PLC 1.33% 376,200 $10.9M No change
HII Huntington Ingalls Industrie 1.27% 30,495 $10.4M Add +1.4%
MASI Masimo Corp. 1.20% 75,552 $9.8M Reduce -22.2%
CBL CBL & Associates Properties 0.74% 163,467 $6.0M Add +1.9%
AMLX Amylyx Pharmaceuticals Inc. 0.47% 317,678 $3.8M Reduce -2.9%
WAY Waystar Holding Corp. 0.45% 112,895 $3.7M New
ERII Energy Recovery Inc. 0.44% 265,121 $3.6M Reduce -49.8%
PRCH Porch Group Inc. 0.32% 286,797 $2.6M Add +0.9%
FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR 0.28% 175,161 $2.3M New
DNN Denison Mines Corp. 0.27% 837,316 $2.2M Add +2.0%
NXE Nexgen Energy Ltd. 0.17% 152,657 $1.4M Reduce -49.0%
RDW Redwire Corp. 0.17% 181,872 $1.4M New
PAYO Payoneer Global Inc. 0.15% 223,855 $1.3M No change

Portfolio Sells Q3 2025 → Q4 2025
MTSR Metsera Inc. Sold out 0.00% −12.64
TRS Trimas Corp. Sold out 0.00% −1.34
CERT Certara Inc. Sold out 0.00% −0.62
AVAV Aerovironment Inc. Sold out 0.00% −0.39
ERII Energy Recovery Inc. Reduce -49.8% 0.44% −0.39
FLNC Fluence Energy Inc. Sold out 0.00% −0.38
MASI Masimo Corp. Reduce -22.2% 1.20% −0.25
FLO Flowers Foods Inc. Sold out 0.00% −0.21
NXE Nexgen Energy Ltd. Reduce -49.0% 0.17% −0.10
MAPS WM Technology Inc. Sold out 0.00% −0.05
AMLX Amylyx Pharmaceuticals Inc. Reduce -2.9% 0.47% +0.02

Portfolio Buys Q3 2025 → Q4 2025
VTR Ventas Inc. New 2.51% +2.51
BA The Boeing Co. Add +21.2% 4.79% +1.54
WWD Woodward Inc. Add +1.7% 4.44% +1.43
REZI Resideo Technologies Inc. Add +127.4% 2.00% +1.11
RDNT Radnet Inc. Add +1.5% 4.74% +0.62
NGVT Ingevity Corp. Add +25.6% 1.39% +0.54
WAY Waystar Holding Corp. New 0.45% +0.45
HII Huntington Ingalls Industrie Add +1.4% 1.27% +0.39
FRNM Freenome Inc. New 0.28% +0.28
CBL CBL & Associates Properties Add +1.9% 0.74% +0.24
RDW Redwire Corp. New 0.17% +0.17
DNN Denison Mines Corp. Add +2.0% 0.27% +0.04
PRCH Porch Group Inc. Add +0.9% 0.32% −0.16

Notes & Other Activity Q3 2025 → Q4 2025
LIMNW Liminatus Pharma Inc. Class A-28 *W EXP 04/30/203 Sold out 89,098 $11Kbefore exit
MAPSW WM Technology Inc.-CW24 *W EXP 06/16/202 Sold out 361,543 $9Kbefore exit
LANWF Lanvin Group Holdings Ltd.-27 *W EXP 01/14/202 Sold out 87,846 $2Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 25$6.2BSPCX, QXO, CBRS, ANRO, WWD
Q1 2026 20$790.5MQXO, ANRO, WWD, LENZ, BA
Q4 2025 22$815.7MQXO, ANRO, LENZ, BA, RDNT
Q3 2025 25$987.3MQXO, LENZ, MTSR, RDNT, BA
Q2 2025 30$928.1MQXO, LENZ, MTSR, WBA, WWD
Q1 2025 22$224.5MLENZ, MTSR, WWD, RDNT, ANRO
Q4 2024 20$215.9MLENZ, RDNT, WWD, ANRO, ECG
Q3 2024 18$321.8MLENZ, RDNT, WWD, ANRO, ERII
Q2 2024 20$298.9MLENZ, RDNT, WWD, ANRO, CRS
Q1 2024Amended 21$329.0MLENZ, ANRO, RDNT, WWD, KVUE