Firsthand Capital Management, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Firsthand Capital Management, Inc. reported 47 stock positions worth $53.9 million. Its top holding was Roku (ROKU) at 15.1% of the portfolio, followed by Palantir Technologies Class A (PLTR, 11.9%) and Netflix (NFLX, 7.8%). Compared with Q3 2025, it opened 1 new position, sold out of 2, added to 1 and reduced 3. The biggest buy was a new position in Abb Ltd.-Spon ADR (ABBNY) and the biggest sale an exit from Equinix (EQIX).
- Most Recent 13F
- Q2 2026
- Location
- SAN JOSE, CA
- CIK
- 0001476179
- Portfolio Value
- $53.9M (Q4 2025)
- SEC Filing
- 0001398344-26-003016 ↗ filed Feb 13, 2026
Holdings Value
Holdings 47 stocks · $53.9M
| ROKU Roku Inc. | 15.11% | 75,000 | $8.1M | No change |
| PLTR Palantir Technologies Inc. Class A | 11.88% | 36,000 | $6.4M | No change |
| NFLX Netflix Inc. | 7.83% | 45,000 | $4.2M | No change |
| RKLB Rocket Lab Corp. | 7.77% | 60,000 | $4.2M | Reduce -14.3% |
| ANET Arista Networks Inc. | 4.38% | 18,000 | $2.4M | No change |
| OKLO Oklo Inc. | 4.00% | 30,000 | $2.2M | No change |
| TOST Toast Inc. Class A | 3.96% | 60,000 | $2.1M | No change |
| HUCK Huckleberry AI Inc. filed as DOMO INC | 3.91% | 250,000 | $2.1M | No change |
| MDB Mongodb Inc. | 3.90% | 5,000 | $2.1M | No change |
| SOFI Sofi Technologies Inc. | 3.89% | 80,000 | $2.1M | No change |
| UBER Uber Technologies Inc. | 3.79% | 25,000 | $2.0M | No change |
| COHR Coherent Corp. | 3.43% | 10,000 | $1.8M | No change |
| PANW Palo Alto Networks Inc. | 3.42% | 10,000 | $1.8M | No change |
| AVGO Broadcom Inc. | 3.21% | 5,000 | $1.7M | No change |
| HOOD Robinhood Markets Inc. Class A | 3.15% | 15,000 | $1.7M | No change |
| ZS Zscaler Inc. | 2.09% | 5,000 | $1.1M | No change |
| BE Bloom Energy Corp. Class A | 1.94% | 12,000 | $1.0M | Reduce -20.0% |
| PWR Quanta Services Inc. | 1.65% | 2,100 | $886K | No change |
| GLW Corning Inc. | 1.05% | 6,460 | $566K | No change |
| ABBNY Abb Ltd.-Spon ADR | 0.96% | 7,000 | $518K | New |
| UPST Upstart Holdings Inc. | 0.81% | 10,000 | $437K | No change |
| ON On Semiconductor | 0.80% | 8,000 | $433K | No change |
| ASPN Aspen Aerogels Inc. | 0.66% | 125,000 | $354K | No change |
| BWXT BWX Technologies Inc. | 0.64% | 2,000 | $346K | No change |
| ACLS Axcelis Technologies Inc. | 0.60% | 4,000 | $321K | No change |
| GEV GE Vernova Inc. | 0.49% | 400 | $261K | No change |
| FSLR First Solar Inc. | 0.48% | 1,000 | $261K | Reduce -50.0% |
| CHGG Chegg Inc. | 0.45% | 260,000 | $242K | No change |
| SPWR Sunpower Inc. | 0.44% | 150,000 | $236K | No change |
| COIN Coinbase Global Inc. Class A | 0.42% | 1,000 | $226K | No change |
| ORA Ormat Technologies Inc. | 0.41% | 2,000 | $221K | No change |
| ITRI Itron Inc. | 0.34% | 2,000 | $186K | No change |
| MPWR Monolithic Power Systems Inc. | 0.34% | 200 | $181K | No change |
| PHG Koninklijke Philips NVR- NY | 0.25% | 4,962 | $134K | No change |
| STM Stmicroelectronics NV-NY SHS | 0.24% | 5,000 | $130K | No change |
| WOLF Wolfspeed Inc. | 0.24% | 7,350 | $128K | Add +0.0% |
| HON Honeywell International Inc. | 0.21% | 580 | $113K | No change |
| ENPH Enphase Energy Inc. | 0.18% | 3,000 | $96K | No change |
| SEDG Solaredge Technologies Inc. | 0.16% | 3,000 | $87K | No change |
| COUR Coursera Inc. | 0.14% | 10,000 | $74K | No change |
| SMR Nuscale Power Corp. | 0.13% | 5,000 | $71K | No change |
| CARR Carrier Global Corp. | 0.10% | 1,000 | $53K | No change |
| ACLLY Accelleron Industries AG | 0.05% | 350 | $27K | No change |
| ARQ Arq Inc. | 0.04% | 6,800 | $22K | No change |
| OESX Orion Energy Systems Inc. | 0.04% | 1,400 | $22K | No change |
| CHPT Chargepoint Holdings Inc. | 0.04% | 3,000 | $20K | No change |
| SOLS Solstice Adv Materials Inc. | 0.01% | 145 | $7K | No change |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
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 |