Square Wave Partners, L.P.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Square Wave Partners, L.P. reported 8 stock positions worth $93.4 million. Its top holding was Tradeweb Markets Class A (TW) at 16.9% of the portfolio, followed by Fair Isaac (FICO, 15.8%) and Equifax (EFX, 14.9%). Compared with Q4 2024, it added to 4 and reduced 4. The biggest buy was Tradeweb Markets Class A (TW, shares +7%) and the biggest sale Salesforce (CRM, shares −76%).
- Most Recent 13F
- Q1 2025
- Location
- BROOKLYN, NY
- CIK
- 0001947907
- Portfolio Value
- $93.4M (Q1 2025)
- SEC Filing
- 0001947907-25-000003 ↗ filed May 15, 2025
Holdings Value
Holdings 8 stocks · $93.4M
| TW Tradeweb Markets Inc. Class A | 16.88% | 106,274 | $15.8M | Add +7.2% |
| FICO Fair Isaac Corp. | 15.82% | 8,016 | $14.8M | Add +3.1% |
| EFX Equifax Inc. | 14.94% | 57,324 | $14.0M | Add +21.9% |
| AXON Axon Enterprise Inc. | 13.86% | 24,627 | $13.0M | Reduce -15.0% |
| IT Gartner Inc. | 12.69% | 28,245 | $11.9M | Add +7.5% |
| VEEV Veeva Systems Inc. Class A | 12.28% | 49,538 | $11.5M | Reduce -28.0% |
| MCO Moody's Corp. | 12.04% | 24,154 | $11.2M | Reduce -2.4% |
| CRM Salesforce Inc. | 1.49% | 5,191 | $1.4M | Reduce -75.8% |