FirstWave Capital Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), FirstWave Capital Management LLC reported 62 stock positions worth $226.4 million. Its top holding was Reddit Class A (RDDT) at 5.9% of the portfolio, followed by AppLovin Class A (APP, 5.8%) and Transmedics (TMDX, 5.6%). Compared with Q1 2026, it opened 41 new positions, sold out of 5, added to 17 and reduced 4. The biggest buy was Applied Optoelectronics (AAOI, shares +200%) and the biggest sale Coupang (CPNG, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0002093108
- Portfolio Value
- $226.4M (Q2 2026)
- SEC Filing
- 0002093108-26-000005 ↗ filed Aug 12, 2026
Holdings Value
Holdings 62 stocks · $226.4M
| RDDT Reddit Inc. Class A | 5.93% | 77,389 | $13.4M | Add +43.2% |
| APP AppLovin Corp. Class A | 5.79% | 25,426 | $13.1M | Add +27.9% |
| TMDX Transmedics Group Inc. | 5.61% | 191,240 | $12.7M | Add +53.9% |
| NBIS Nebius Group NV | 5.45% | 44,645 | $12.3M | Reduce -50.1% |
| HIMS Hims & Hers Health Inc. | 5.21% | 339,978 | $11.8M | Add +30.6% |
| CRDO Credo Technology Group Holdi | 4.90% | 40,819 | $11.1M | Reduce -16.1% |
| HROW Harrow Inc. | 3.98% | 211,981 | $9.0M | Add +47.3% |
| AAOI Applied Optoelectronics Inc. | 3.81% | 58,277 | $8.6M | Add +199.6% |
| MELI MercadoLibre Inc. | 3.33% | 4,448 | $7.5M | Add +69.3% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 3.06% | 518,327 | $6.9M | Add +78.9% |
| IREN Iren Ltd. filed as IREN LIMITED | 2.49% | 123,456 | $5.6M | Add +4.1% |
| MU Micron Technology Inc. | 2.35% | 4,612 | $5.3M | Add +48.6% |
| ALAB Astera Labs Inc. | 2.34% | 10,953 | $5.3M | Reduce -59.9% |
| FPS Forgent Power Solutions Class A | 1.91% | 77,617 | $4.3M | New |
| SE Sea Ltd.-ADR | 1.91% | 45,120 | $4.3M | Add +19.5% |
| DRAM Roundhill Memory ETF | 1.63% | 49,852 | $3.7M | New |
| SHAZ Sharonai Holdings Inc. | 1.56% | 41,694 | $3.5M | New |
| MP MP Materials Corp. | 1.52% | 61,473 | $3.4M | Add +23.8% |
| BRUN Boost Run Inc. Class A | 1.52% | 88,631 | $3.4M | New |
| ZETA Zeta Global Holdings Corp. Class A | 1.47% | 168,692 | $3.3M | New |
| PRCT Procept Biorobotics Corp. | 1.44% | 144,408 | $3.3M | Add +79.8% |
| OUST Ouster Inc. | 1.27% | 46,043 | $2.9M | New |
| NVDA Nvidia Corp. | 1.23% | 13,965 | $2.8M | New |
| ONDS Ondas Inc. | 1.20% | 330,115 | $2.7M | Add +107.5% |
| RBRK Rubrik Inc. Class A | 1.20% | 33,807 | $2.7M | New |
| AXON Axon Enterprise Inc. | 1.12% | 4,528 | $2.5M | New |
| BE Bloom Energy Corp. Class A | 1.11% | 8,340 | $2.5M | New |
| CIFR Cipher Digital Inc. | 1.06% | 98,381 | $2.4M | New |
| LITE Lumentum Holdings Inc. | 1.04% | 2,737 | $2.3M | Add +94.0% |
| CRWV Coreweave Inc. Class A | 1.03% | 23,373 | $2.3M | New |
| PL Planet Labs PBC | 0.96% | 65,849 | $2.2M | New |
| MDB Mongodb Inc. | 0.94% | 6,347 | $2.1M | New |
| COHR Coherent Corp. | 0.92% | 5,304 | $2.1M | Add +42.7% |
| DDOG Datadog Inc. Class A | 0.92% | 7,985 | $2.1M | New |
| CLPT Clearpoint Neuro Inc. | 0.91% | 115,600 | $2.1M | Add +20.6% |
| AMD Advanced Micro Devices | 0.89% | 3,481 | $2.0M | New |
| ASTS Ast Spacemobile Inc. | 0.86% | 21,895 | $1.9M | New |
| ZS Zscaler Inc. | 0.83% | 13,351 | $1.9M | New |
| RKLB Rocket Lab Corp. | 0.83% | 18,492 | $1.9M | New |
| GLW Corning Inc. | 0.80% | 7,133 | $1.8M | New |
| MGM MGM Resorts International | 0.80% | 38,002 | $1.8M | New |
| INTC Intel Corp. | 0.80% | 12,950 | $1.8M | New |
| FLNC Fluence Energy Inc. | 0.78% | 88,375 | $1.8M | New |
| DXYZ Destiny TECH100 Inc. | 0.76% | 67,104 | $1.7M | New |
| LPTH Lightpath Technologies Inc. Class A | 0.75% | 103,995 | $1.7M | New |
| NUAI New Era Energy & Digital Inc. | 0.71% | 252,068 | $1.6M | New |
| LEN Lennar Corp. Class A | 0.65% | 16,368 | $1.5M | New |
| KEEL Keel Infrastructure Corp. | 0.65% | 257,503 | $1.5M | New |
| QCOM Qualcomm Inc. | 0.64% | 7,900 | $1.5M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.64% | 5,162 | $1.5M | New |
| HLIT Harmonic Inc. | 0.61% | 84,874 | $1.4M | New |
| CPNG Coupang Inc. | 0.61% | 79,317 | $1.4M | Reduce -71.7% |
| FSLY Fastly Inc. Class A | 0.59% | 73,227 | $1.3M | New |
| MAGS Roundhill Magnificent Seven | 0.57% | 20,000 | $1.3M | New |
| GLXY Galaxy Digital Inc. Class A | 0.56% | 46,152 | $1.3M | New |
| ATEC Alphatec Holdings Inc. | 0.55% | 143,851 | $1.2M | New |
| TWLO Twilio Inc. Class A | 0.55% | 6,025 | $1.2M | New |
| BFLY Butterfly Network Inc. | 0.54% | 145,398 | $1.2M | New |
| CCXI Churchill Capital Corp. Class A | 0.49% | 63,781 | $1.1M | New |
| CLSK Cleanspark Inc. | 0.48% | 74,622 | $1.1M | New |
| BMM Blue Moon Metals Inc. | 0.48% | 168,555 | $1.1M | New |
| CCJ Cameco Corp. | 0.43% | 9,593 | $977K | New |
Options reported separately and not counted above: MTUM puts ($154K).
Portfolio Sells Q1 2026 → Q2 2026
| CPNG Coupang Inc. | Reduce -71.7% | 0.61% | −5.04 |
| NBIS Nebius Group NV | Reduce -50.1% | 5.45% | −4.45 |
| ONON On Holding AG Class A | Sold out | 0.00% | −2.13 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −1.67 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −1.25 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.95 |
| ALAB Astera Labs Inc. | Reduce -59.9% | 2.34% | −0.85 |
| CRCL Circle Internet Group Inc. | Sold out | 0.00% | −0.82 |
| CRDO Credo Technology Group Holdi | Reduce -16.1% | 4.90% | +0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| AAOI Applied Optoelectronics Inc. | Add +199.6% | 3.81% | +2.06 |
| FPS Forgent Power Solutions Class A | New | 1.91% | +1.91 |
| DRAM Roundhill Memory ETF | New | 1.63% | +1.63 |
| SHAZ Sharonai Holdings Inc. | New | 1.56% | +1.56 |
| BRUN Boost Run Inc. Class A | New | 1.52% | +1.52 |
| ZETA Zeta Global Holdings Corp. Class A | New | 1.47% | +1.47 |
| OUST Ouster Inc. | New | 1.27% | +1.27 |
| NVDA Nvidia Corp. | New | 1.23% | +1.23 |
| MU Micron Technology Inc. | Add +48.6% | 2.35% | +1.23 |
| RBRK Rubrik Inc. Class A | New | 1.20% | +1.20 |
| AXON Axon Enterprise Inc. | New | 1.12% | +1.12 |
| BE Bloom Energy Corp. Class A | New | 1.11% | +1.11 |
| CIFR Cipher Digital Inc. | New | 1.06% | +1.06 |
| CRWV Coreweave Inc. Class A | New | 1.03% | +1.03 |
| PL Planet Labs PBC | New | 0.96% | +0.96 |
| MDB Mongodb Inc. | New | 0.94% | +0.94 |
| DDOG Datadog Inc. Class A | New | 0.92% | +0.92 |
| AMD Advanced Micro Devices | New | 0.89% | +0.89 |
| ASTS Ast Spacemobile Inc. | New | 0.86% | +0.86 |
| ZS Zscaler Inc. | New | 0.83% | +0.83 |
| RKLB Rocket Lab Corp. | New | 0.83% | +0.83 |
| GLW Corning Inc. | New | 0.80% | +0.80 |
| MGM MGM Resorts International | New | 0.80% | +0.80 |
| INTC Intel Corp. | New | 0.80% | +0.80 |
| FLNC Fluence Energy Inc. | New | 0.78% | +0.78 |
| DXYZ Destiny TECH100 Inc. | New | 0.76% | +0.76 |
| LPTH Lightpath Technologies Inc. Class A | New | 0.75% | +0.75 |
| NUAI New Era Energy & Digital Inc. | New | 0.71% | +0.71 |
| LEN Lennar Corp. Class A | New | 0.65% | +0.65 |
| KEEL Keel Infrastructure Corp. | New | 0.65% | +0.65 |
| QCOM Qualcomm Inc. | New | 0.64% | +0.64 |
| IBM Intl Business Machines Corp. | New | 0.64% | +0.64 |
| HLIT Harmonic Inc. | New | 0.61% | +0.61 |
| FSLY Fastly Inc. Class A | New | 0.59% | +0.59 |
| MAGS Roundhill Magnificent Seven | New | 0.57% | +0.57 |
| GLXY Galaxy Digital Inc. Class A | New | 0.56% | +0.56 |
| ATEC Alphatec Holdings Inc. | New | 0.55% | +0.55 |
| TWLO Twilio Inc. Class A | New | 0.55% | +0.55 |
| BFLY Butterfly Network Inc. | New | 0.54% | +0.54 |
| CCXI Churchill Capital Corp. Class A | New | 0.49% | +0.49 |
| CLSK Cleanspark Inc. | New | 0.48% | +0.48 |
| BMM Blue Moon Metals Inc. | New | 0.48% | +0.48 |
| CCJ Cameco Corp. | New | 0.43% | +0.43 |
| CLPT Clearpoint Neuro Inc. | Add +20.6% | 0.91% | −0.02 |
| LITE Lumentum Holdings Inc. | Add +94.0% | 1.04% | −0.02 |
| COHR Coherent Corp. | Add +42.7% | 0.92% | −0.02 |
| ONDS Ondas Inc. | Add +107.5% | 1.20% | −0.33 |
| HIMS Hims & Hers Health Inc. | Add +30.6% | 5.21% | −0.56 |
| PRCT Procept Biorobotics Corp. | Add +79.8% | 1.44% | −0.70 |
| MP MP Materials Corp. | Add +23.8% | 1.52% | −1.04 |
Options Activity Q1 2026 → Q2 2026
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 400,000 | $362Kbefore exit |
| MTUM iShares MSCI USA Momentum Fa | put | New | 42,500 | $154K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.