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FirstWave Capital Management LLC — 13F Holdings & Portfolio

CIK 2093108 · latest 13F-HR filed 2026-08-12

Backtest portfolio

FirstWave Capital Management LLC manages $226.6M in 13F-reported U.S. long-equity assets across 63 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are RDDT (5.93%), APP (5.78%), TMDX (5.61%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 41 new positions and exited 5; 19 existing positions rose in reported value and 1 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$226.6M

Long-equity book

Holdings
63

Distinct positions

Period
2026-06-30

Filed 2026-08-12

Q/Q Activity
+41 / −5 / ↑19 / ↓1

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
RDDT5.9% · +43%APP5.8% · +28%TMDX5.6% · +54%NBIS5.4% · -50%HIMS5.2% · +31%CRDO4.9% · -16%HROW4.0% · +47%AAOI3.8% · +200%MELI3.3% · +69%NU3.1% · +79%IREN2.5% · +4%MU2.4% · +49%ALAB2.3% · -60%FPS1.9% · newSE1.9% · +20%DRAM1.6% · newSHAZ1.6% · newMP1.5% · +24%BRUN1.5% · newZETA1.5% · newPRCT1.4% · +80%OUST1.3% · newNVDA1.2% · newONDS1.2% · +108%RBRK1.2% · newAXON1.1% · newBE1.1% · newCIFR1.1% · newLITE1.0% · +94%CRWV1.0% · newPL1.0% · newMDB0.9% · newCOHR0.9% · +43%DDOG0.9% · newCLPT0.9% · +21%AMD0.9% · newASTS0.9% · newZS0.8% · newRKLB0.8% · newGLW0.8% · newMGM0.8% · newINTC0.8% · newFLNC0.8% · newDXYZ0.8% · newLPTH0.8% · newNUAI0.7% · newLEN0.7% · newKEEL0.7% · newQCOM0.6% · newIBM0.6% · newHLIT0.6% · newCPNG0.6% · -72%FSLY0.6% · newMAGS0.6% · newGLXY0.6% · newATEC0.6% · newTWLO0.5% · newBFLY0.5% · newCCXI0.5% · newCLSK0.5% · new

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 47.1%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 28, 2024.

Assets Under Management
$0
Discretionary
$0
Employees
16
Accounts
0
Address
1300 HIGHWAY AIA
SUITE 103
SATELLITE BEACH, FL 32937
Phone
(321) 773-7773
Website
Name Title / Status Ownership Type
CHIESMAN HOLDINGS LLC ControlSOLE SHAREHOLDER
since Jan 2016
75% or moreDomestic Entity
CHIESMAN, LAURA, KATHLEEN ControlPRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, CHIEF COMPLIANCE OFFICER
since Jan 2016
Less than 5%Individual
CHIESMAN, LAURA, KATHLEEN Control
Indirect owner via CHIESMAN HOLDINGS LLC
SOLE SHAREHOLDER
since Jan 2016
75% or moreIndividual
Ownership & leadership changes · 4 filings with changes since Mar 1, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 3, 2016 filing
  • ChangedCHIESMAN, LAURA, KATHLEEN · title CHIEF COMPLIANCE OFFICER / PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER → PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, CHIEF COMPLIANCE OFFICER; ownership 75% or more → Less than 5%
Jan 22, 2016 filing
  • No longer listedKIRK, THOMAS, L · PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER · 75% or more · control person · listed since Nov 1995
  • AddedCHIESMAN HOLDINGS LLC · SOLE SHAREHOLDER · 75% or more · control person
  • AddedCHIESMAN, LAURA, KATHLEEN · SOLE SHAREHOLDER · 75% or more · indirect via CHIESMAN HOLDINGS LLC · control person
  • ChangedCHIESMAN, LAURA, KATHLEEN · title PRESIDENT OF OPERATIONS, CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER / PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER; ownership Less than 5% → 75% or more
Aug 25, 2015 filing
  • No longer listedMILLER, KAREN, LEE · CHIEF COMPLIANCE OFFICER, VICE PRESIDENT OF OPERATIONS · Less than 5% · control person · listed since Feb 2008
  • ChangedCHIESMAN, LAURA, KATHLEEN · title VICE PRESIDENT OF CLIENT SERVICES → PRESIDENT OF OPERATIONS, CHIEF COMPLIANCE OFFICER
Mar 11, 2015 filing
  • AddedCHIESMAN, LAURA, KATHLEEN · VICE PRESIDENT OF CLIENT SERVICES · Less than 5% · control person
  • ChangedMILLER, KAREN, LEE · title CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER → CHIEF COMPLIANCE OFFICER, VICE PRESIDENT OF OPERATIONS
Mar 1, 2012 filing (earliest on record)
  • ListedKIRK, THOMAS, L · PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER · 75% or more · control person
  • ListedMILLER, KAREN, LEE · CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

FirstWave Capital Management LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 REDDIT INC RDDT 75734B100 $13.4M 5.93% 77,389 SH
2 APPLOVIN CORP APP 03831W108 $13.1M 5.78% 25,426 SH
3 TRANSMEDICS GROUP INC TMDX 89377M109 $12.7M 5.61% 191,240 SH
4 NEBIUS GROUP N.V. NBIS N97284108 $12.3M 5.44% 44,645 SH
5 HIMS & HERS HEALTH INC HIMS 433000106 $11.8M 5.20% 339,978 SH
6 CREDO TECHNOLOGY GROUP HOLDI CRDO G25457105 $11.1M 4.90% 40,819 SH
7 HARROW INC HROW 415858109 $9.0M 3.97% 211,981 SH
8 APPLIED OPTOELECTRONICS INC AAOI 03823U102 $8.6M 3.81% 58,277 SH
9 MERCADOLIBRE INC MELI 58733R102 $7.5M 3.33% 4,448 SH
10 NU HLDGS LTD NU G6683N103 $6.9M 3.06% 518,327 SH
11 IREN LIMITED IREN Q4982L109 $5.6M 2.49% 123,456 SH
12 MICRON TECHNOLOGY INC MU 595112103 $5.3M 2.35% 4,612 SH
13 ASTERA LABS INC ALAB 04626A103 $5.3M 2.33% 10,953 SH
14 FORGENT POWER SOLUTIONS INC FPS 34631F102 $4.3M 1.91% 77,617 SH
15 SEA LTD SE 81141R100 $4.3M 1.91% 45,120 SH
16 ROUNDHILL ETF TRUST DRAM 77926X320 $3.7M 1.62% 49,852 SH
17 SHARONAI HOLDINGS INC SHAZ 778920306 $3.5M 1.56% 41,694 SH
18 MP MATERIALS CORP MP 553368101 $3.4M 1.52% 61,473 SH
19 BOOST RUN INC BRUN 09940T100 $3.4M 1.52% 88,631 SH
20 ZETA GLOBAL HOLDINGS CORP ZETA 98956A105 $3.3M 1.47% 168,692 SH
21 PROCEPT BIOROBOTICS CORP PRCT 74276L105 $3.3M 1.44% 144,408 SH
22 OUSTER INC OUST 68989M202 $2.9M 1.27% 46,043 SH
23 NVIDIA CORPORATION NVDA 67066G104 $2.8M 1.23% 13,965 SH
24 ONDAS INC ONDS 68236H204 $2.7M 1.20% 330,115 SH
25 RUBRIK INC. RBRK 781154109 $2.7M 1.20% 33,807 SH
26 AXON ENTERPRISE INC AXON 05464C101 $2.5M 1.12% 4,528 SH
27 BLOOM ENERGY CORP BE 093712107 $2.5M 1.11% 8,340 SH
28 CIPHER DIGITAL INC CIFR 17253J106 $2.4M 1.06% 98,381 SH
29 LUMENTUM HLDGS INC LITE 55024U109 $2.3M 1.04% 2,737 SH
30 COREWEAVE INC CRWV 21873S108 $2.3M 1.03% 23,373 SH
31 PLANET LABS PBC PL 72703X106 $2.2M 0.96% 65,849 SH
32 MONGODB INC MDB 60937P106 $2.1M 0.94% 6,347 SH
33 COHERENT CORP COHR 19247G107 $2.1M 0.92% 5,304 SH
34 DATADOG INC DDOG 23804L103 $2.1M 0.92% 7,985 SH
35 CLEARPOINT NEURO INC CLPT 18507C103 $2.1M 0.91% 115,600 SH
36 ADVANCED MICRO DEVICES INC AMD 007903107 $2.0M 0.89% 3,481 SH
37 AST SPACEMOBILE INC ASTS 00217D100 $1.9M 0.86% 21,895 SH
38 ZSCALER INC ZS 98980G102 $1.9M 0.83% 13,351 SH
39 ROCKET LAB CORP RKLB 773121108 $1.9M 0.83% 18,492 SH
40 CORNING INC GLW 219350105 $1.8M 0.80% 7,133 SH
41 MGM RESORTS INTERNATIONAL MGM 552953101 $1.8M 0.80% 38,002 SH
42 INTEL CORP INTC 458140100 $1.8M 0.80% 12,950 SH
43 FLUENCE ENERGY INC FLNC 34379V103 $1.8M 0.78% 88,375 SH
44 DESTINY TECH100 INC DXYZ 25063F107 $1.7M 0.76% 67,104 SH
45 LIGHTPATH TECHNOLOGIES INC LPTH 532257805 $1.7M 0.75% 103,995 SH
46 NEW ERA ENERGY & DIGITAL INC NUAI 64428N109 $1.6M 0.71% 252,068 SH
47 LENNAR CORP LEN 526057104 $1.5M 0.65% 16,368 SH
48 KEEL INFRASTRUCTURE CORP KEEL 486917107 $1.5M 0.65% 257,503 SH
49 QUALCOMM INC QCOM 747525103 $1.5M 0.64% 7,900 SH
50 INTERNATIONAL BUSINESS MACHS IBM 459200101 $1.5M 0.64% 5,162 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-12 $226.6M 63 0002093108-26-000005
2026-03-31 2026-05-12 $94.1M 27 0002093108-26-000004
2025-12-31 2026-02-13 $168.3M 73 0002093108-26-000002
Filer Information
Address
80 SW 8TH STREET
SUITE 2100
MIAMI, FL 33130
Phone
(786) 348-2330
Filing Manager
FirstWave Capital Management LLC
MIAMI, FL
Signatory
CHRIS SCHUTZ
Chief Operating Officer