Firsthand Capital Management, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Firsthand Capital Management, Inc. reported 49 stock positions worth $55.6 million. Its top holding was Palantir Technologies Class A (PLTR) at 13.5% of the portfolio, followed by Netflix (NFLX, 12.1%) and Roku (ROKU, 11.9%). Compared with Q1 2025, it opened 5 new positions, sold out of 3, added to 2 and reduced 3. The biggest buy was a new position in Rocket Lab (RKLB) and the biggest sale an exit from Pagerduty (PD).

Most Recent 13F
Q2 2026
Location
SAN JOSE, CA
CIK
0001476179
Portfolio Value
$55.6M (Q2 2025)
SEC Filing
0001398344-25-015930 ↗ filed Aug 15, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M Q1 2024: $61.3M Q1 2024 Q2 2024: $51.4M Q2 2024 Q3 2024: $50.7M Q3 2024 Q4 2024: $48.1M Q4 2024 Q1 2025: $41.3M Q1 2025 Q2 2025: $55.6M $55.6M Q2 2025 Q3 2025: $59.6M Q3 2025 Q4 2025: $53.9M Q4 2025 Q1 2026: $46.9M Q1 2026 Q2 2026: $62.6M Q2 2026

Holdings 49 stocks · $55.6M
PLTR Palantir Technologies Inc. Class A 13.50% 55,000 $7.5M Reduce -15.4%
NFLX Netflix Inc. 12.05% 5,000 $6.7M No change
ROKU Roku Inc. 11.86% 75,000 $6.6M No change
HUCK Huckleberry AI Inc. filed as DOMO INC 5.78% 230,000 $3.2M No change
DOCU Docusign Inc. 4.21% 30,000 $2.3M No change
UBER Uber Technologies Inc. 4.20% 25,000 $2.3M No change
PANW Palo Alto Networks Inc. 3.68% 10,000 $2.0M No change
ANET Arista Networks Inc. 3.31% 18,000 $1.8M No change
RKLB Rocket Lab Corp. 3.22% 50,000 $1.8M New
TOST Toast Inc. Class A 3.19% 40,000 $1.8M No change
OKLO Oklo Inc. 3.02% 30,000 $1.7M Add +200.0%
WDAY Workday Inc. Class A 2.94% 7,000 $1.6M No change
MNDY Monday.com Ltd. 2.83% 5,000 $1.6M No change
ZS Zscaler Inc. 2.83% 5,000 $1.6M No change
MDB Mongodb Inc. 1.89% 5,000 $1.0M No change
HOOD Robinhood Markets Inc. Class A 1.85% 11,000 $1.0M No change
OKTA Okta Inc. 1.80% 10,000 $1000K No change
SOFI Sofi Technologies Inc. 1.64% 50,000 $911K New
COHR Coherent Corp. 1.61% 10,000 $892K New
PWR Quanta Services Inc. 1.43% 2,100 $794K No change
PYPL PayPal Holdings Inc. 1.34% 10,000 $743K No change
ASPN Aspen Aerogels Inc. 1.33% 125,000 $740K No change
TSLA Tesla Inc. 1.14% 2,000 $635K No change
ON On Semiconductor 0.75% 8,000 $419K No change
ABB LTD 0.75% 7,000 $418K No change
BE Bloom Energy Corp. Class A 0.65% 15,000 $359K No change
FSLY Fastly Inc. Class A 0.64% 50,000 $353K No change
COIN Coinbase Global Inc. Class A 0.63% 1,000 $350K No change
GLW Corning Inc. 0.61% 6,460 $340K No change
FSLR First Solar Inc. 0.60% 2,000 $331K No change
CHGG Chegg Inc. 0.57% 260,000 $315K No change
ENVX Enovix Corp. 0.56% 30,000 $310K No change
ACLS Axcelis Technologies Inc. 0.50% 4,000 $279K No change
ITRI Itron Inc. 0.47% 2,000 $263K Reduce -43.9%
SPWR Sunpower Inc. filed as COMPLETE SOLARIA INC 0.33% 100,000 $184K New
ORA Ormat Technologies Inc. 0.30% 2,000 $168K New
STM Stmicroelectronics NV-NY SHS 0.27% 5,000 $152K No change
HON Honeywell International Inc. 0.24% 580 $135K No change
PHG Koninklijke Philips NVR- NY 0.21% 4,962 $119K Add +4.2%
ENPH Enphase Energy Inc. 0.21% 3,000 $119K No change
RUN Sunrun Inc. 0.19% 11,600 $107K No change
POWI Power Integrations Inc. 0.16% 1,598 $89K No change
COUR Coursera Inc. 0.16% 10,000 $88K No change
CARR Carrier Global Corp. 0.13% 1,000 $73K No change
WOLF Wolfspeed Inc. 0.13% 180,000 $72K No change
SEDG Solaredge Technologies Inc. 0.11% 3,000 $61K Reduce -76.9%
CHPT Chargepoint Holdings Inc. 0.08% 60,000 $42K No change
ARQ Arq Inc. 0.07% 6,800 $37K No change
OESX Orion Energy Systems Inc. 0.02% 14,000 $9K No change

Portfolio Sells Q1 2025 → Q2 2025
PD Pagerduty Inc. Sold out 0.00% −3.98
ITRI Itron Inc. Reduce -43.9% 0.47% −0.43
SEDG Solaredge Technologies Inc. Reduce -76.9% 0.11% −0.40
EVGO Evgo Inc. Sold out 0.00% −0.20
NOVAQ Sunnova Energy International Sold out 0.00% −0.01
PLTR Palantir Technologies Inc. Class A Reduce -15.4% 13.50% +0.20

Portfolio Buys Q1 2025 → Q2 2025
RKLB Rocket Lab Corp. New 3.22% +3.22
OKLO Oklo Inc. Add +200.0% 3.02% +2.50
SOFI Sofi Technologies Inc. New 1.64% +1.64
COHR Coherent Corp. New 1.61% +1.61
SPWR Sunpower Inc. New 0.33% +0.33
ORA Ormat Technologies Inc. New 0.30% +0.30
PHG Koninklijke Philips NVR- NY Add +4.2% 0.21% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 54$62.6MROKU, BE, RKLB, COHR, OKLO
Q1 2026 47$46.9MROKU, BE, RKLB, NFLX, COHR
Q4 2025 47$53.9MROKU, PLTR, NFLX, RKLB, ANET
Q3 2025 47$59.6MROKU, PLTR, NFLX, HUCK, RKLB
Q2 2025 49$55.6MPLTR, NFLX, ROKU, HUCK, DOCU
Q1 2025 47$41.3MPLTR, ROKU, NFLX, DOCU, UBER
Q4 2024 48$48.1MPLTR, ROKU, NFLX, DOCU, KTOS
Q3 2024 45$50.7MROKU, KTOS, NFLX, ZS, PLTR
Q2 2024 44$51.4MPOWI, WOLF, ON, ACLLY, ASPN
Q1 2024 51$61.3MWOLF, ROKU, KTOS, ZS, DOCU