Firsthand Capital Management, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Firsthand Capital Management, Inc. reported 47 stock positions worth $59.6 million. Its top holding was Roku (ROKU) at 12.6% of the portfolio, followed by Palantir Technologies Class A (PLTR, 11.0%) and Netflix (NFLX, 9.1%). Compared with Q2 2025, it opened 9 new positions, sold out of 11, added to 6 and reduced 2. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale an exit from Docusign (DOCU).
- Most Recent 13F
- Q2 2026
- Location
- SAN JOSE, CA
- CIK
- 0001476179
- Portfolio Value
- $59.6M (Q3 2025)
- SEC Filing
- 0001398344-25-020982 ↗ filed Nov 14, 2025
Holdings Value
Holdings 47 stocks · $59.6M
| ROKU Roku Inc. | 12.61% | 75,000 | $7.5M | No change |
| PLTR Palantir Technologies Inc. Class A | 11.02% | 36,000 | $6.6M | Reduce -34.5% |
| NFLX Netflix Inc. | 9.06% | 4,500 | $5.4M | Reduce -10.0% |
| HUCK Huckleberry AI Inc. filed as DOMO INC | 6.65% | 250,000 | $4.0M | Add +8.7% |
| RKLB Rocket Lab Corp. | 5.63% | 70,000 | $3.4M | Add +40.0% |
| OKLO Oklo Inc. | 5.62% | 30,000 | $3.3M | No change |
| ANET Arista Networks Inc. | 4.40% | 18,000 | $2.6M | No change |
| UBER Uber Technologies Inc. | 4.11% | 25,000 | $2.4M | No change |
| TOST Toast Inc. Class A | 3.68% | 60,000 | $2.2M | Add +50.0% |
| HOOD Robinhood Markets Inc. Class A | 3.61% | 15,000 | $2.1M | Add +36.4% |
| SOFI Sofi Technologies Inc. | 3.55% | 80,000 | $2.1M | Add +60.0% |
| PANW Palo Alto Networks Inc. | 3.42% | 10,000 | $2.0M | No change |
| AVGO Broadcom Inc. | 2.77% | 5,000 | $1.6M | New |
| MDB Mongodb Inc. | 2.61% | 5,000 | $1.6M | No change |
| ZS Zscaler Inc. | 2.52% | 5,000 | $1.5M | No change |
| BE Bloom Energy Corp. Class A | 2.13% | 15,000 | $1.3M | No change |
| COHR Coherent Corp. | 1.81% | 10,000 | $1.1M | No change |
| PWR Quanta Services Inc. | 1.46% | 2,100 | $870K | No change |
| ASPN Aspen Aerogels Inc. | 1.46% | 125,000 | $870K | No change |
| EQIX Equinix Inc. | 1.31% | 1,000 | $783K | New |
| GLW Corning Inc. | 0.89% | 6,460 | $530K | No change |
| UPST Upstart Holdings Inc. | 0.85% | 10,000 | $508K | New |
| ABB LTD | 0.85% | 7,000 | $504K | No change |
| FSLR First Solar Inc. | 0.74% | 2,000 | $441K | No change |
| ON On Semiconductor | 0.66% | 8,000 | $394K | No change |
| CHGG Chegg Inc. | 0.66% | 260,000 | $393K | No change |
| ACLS Axcelis Technologies Inc. | 0.66% | 4,000 | $391K | No change |
| BWXT BWX Technologies Inc. | 0.62% | 2,000 | $369K | New |
| COIN Coinbase Global Inc. Class A | 0.57% | 1,000 | $337K | No change |
| SPWR Sunpower Inc. filed as COMPLETE SOLARIA INC | 0.44% | 150,000 | $264K | Add +50.0% |
| ITRI Itron Inc. | 0.42% | 2,000 | $249K | No change |
| GEV GE Vernova Inc. | 0.41% | 400 | $246K | New |
| WOLF Wolfspeed Inc. | 0.35% | 7,348 | $210K | New |
| ORA Ormat Technologies Inc. | 0.32% | 2,000 | $193K | No change |
| MPWR Monolithic Power Systems Inc. | 0.31% | 200 | $184K | New |
| SMR Nuscale Power Corp. | 0.30% | 5,000 | $180K | New |
| STM Stmicroelectronics NV-NY SHS | 0.24% | 5,000 | $141K | No change |
| PHG Koninklijke Philips NVR- NY | 0.23% | 4,962 | $135K | No change |
| HON Honeywell International Inc. | 0.20% | 580 | $122K | No change |
| COUR Coursera Inc. | 0.20% | 10,000 | $117K | No change |
| SEDG Solaredge Technologies Inc. | 0.19% | 3,000 | $111K | No change |
| ENPH Enphase Energy Inc. | 0.18% | 3,000 | $106K | No change |
| CARR Carrier Global Corp. | 0.10% | 1,000 | $60K | No change |
| ARQ Arq Inc. | 0.08% | 6,800 | $49K | No change |
| CHPT Chargepoint Holdings Inc. | 0.06% | 3,000 | $33K | No change |
| ACLLY Accelleron Industries AG | 0.05% | 350 | $29K | New |
| OESX Orion Energy Systems Inc. | 0.02% | 1,400 | $12K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| DOCU Docusign Inc. | Sold out | 0.00% | −4.21 |
| NFLX Netflix Inc. | Reduce -10.0% | 9.06% | −3.00 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −2.94 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −2.83 |
| PLTR Palantir Technologies Inc. Class A | Reduce -34.5% | 11.02% | −2.47 |
| OKTA Okta Inc. | Sold out | 0.00% | −1.80 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −1.34 |
| TSLA Tesla Inc. | Sold out | 0.00% | −1.14 |
| FSLY Fastly Inc. Class A | Sold out | 0.00% | −0.64 |
| ENVX Enovix Corp. | Sold out | 0.00% | −0.56 |
| RUN Sunrun Inc. | Sold out | 0.00% | −0.19 |
| POWI Power Integrations Inc. | Sold out | 0.00% | −0.16 |
| WOLF Wolfspeed Inc. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q2 2025 → Q3 2025
| AVGO Broadcom Inc. | New | 2.77% | +2.77 |
| RKLB Rocket Lab Corp. | Add +40.0% | 5.63% | +2.41 |
| SOFI Sofi Technologies Inc. | Add +60.0% | 3.55% | +1.91 |
| HOOD Robinhood Markets Inc. Class A | Add +36.4% | 3.61% | +1.75 |
| EQIX Equinix Inc. | New | 1.31% | +1.31 |
| HUCK Huckleberry AI Inc. | Add +8.7% | 6.65% | +0.86 |
| UPST Upstart Holdings Inc. | New | 0.85% | +0.85 |
| BWXT BWX Technologies Inc. | New | 0.62% | +0.62 |
| TOST Toast Inc. Class A | Add +50.0% | 3.68% | +0.49 |
| GEV GE Vernova Inc. | New | 0.41% | +0.41 |
| WOLF Wolfspeed Inc. | New | 0.35% | +0.35 |
| MPWR Monolithic Power Systems Inc. | New | 0.31% | +0.31 |
| SMR Nuscale Power Corp. | New | 0.30% | +0.30 |
| SPWR Sunpower Inc. | Add +50.0% | 0.44% | +0.11 |
| ACLLY Accelleron Industries AG | New | 0.05% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 54 | $62.6M | ROKU, BE, RKLB, COHR, OKLO |
| Q1 2026 | 47 | $46.9M | ROKU, BE, RKLB, NFLX, COHR |
| Q4 2025 | 47 | $53.9M | ROKU, PLTR, NFLX, RKLB, ANET |
| Q3 2025 | 47 | $59.6M | ROKU, PLTR, NFLX, HUCK, RKLB |
| Q2 2025 | 49 | $55.6M | PLTR, NFLX, ROKU, HUCK, DOCU |
| Q1 2025 | 47 | $41.3M | PLTR, ROKU, NFLX, DOCU, UBER |
| Q4 2024 | 48 | $48.1M | PLTR, ROKU, NFLX, DOCU, KTOS |
| Q3 2024 | 45 | $50.7M | ROKU, KTOS, NFLX, ZS, PLTR |
| Q2 2024 | 44 | $51.4M | POWI, WOLF, ON, ACLLY, ASPN |
| Q1 2024 | 51 | $61.3M | WOLF, ROKU, KTOS, ZS, DOCU |