Q2 2026 13F · SEC CIK 2077145
Square Wave Capital, LLC
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $670.3M
- Reported positions
- 11
- Holdings vs S&P 500, 3 yrs
- —
- Assets under management
- $428.8M
Square Wave Capital, LLC is a hedge fund that reported 11 positions worth $670.3M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Micron Technology Inc (MU, 15.4%), Asml Hldg NV (ASML, 14.2%), Ati Inc (ATI, 13.1%).
Square Wave Capital, LLC holdings all 11 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| MUMicron Technology Inc | 15.4% | +240.7% | $103.4M |
| ASMLAsml Hldg NV | 14.2% | +23.5% | $95.1M |
| ATIAti Inc | 13.1% | +21.4% | $87.7M |
| MARMarriott Intl Inc New | 12.8% | +8.4% | $86.1M |
| AMZNAmazon Com Inc | 12.8% | +36.2% | $85.5M |
| CRSCarpenter Technology Corp | 11.4% | +169.1% | $76.4M |
| GOOGLAlphabet Inc | 5.9% | +7.3% | $39.4M |
| INTCIntel Corp | 4.8% | — | $31.8M |
| TWTradeweb Mkts Inc | 4.2% | -43.4% | $27.9M |
| FTAIFtai Aviation Ltd | 3.7% | — | $24.7M |
| MTZMasTec Inc | 1.8% | -51.3% | $12.3M |
What Square Wave Capital, LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- INTC Intel Corp4.8% of 13F
- FTAI Ftai Aviation Ltd3.7% of 13F
Added to
- MU Micron Technology Inc+240.7% shares
- CRS Carpenter Technology Corp+169.1% shares
- AMZN Amazon Com Inc+36.2% shares
- ASML Asml Hldg NV+23.5% shares
- ATI Ati Inc+21.4% shares
- MAR Marriott Intl Inc New+8.4% shares
- GOOGL Alphabet Inc+7.3% shares
Reduced
- MTZ MasTec Inc-51.3% shares
- TW Tradeweb Mkts Inc-43.4% shares
Sold out
- MCO Moodys Corpwas 9.1%
- FICO Fair Isaac Corpwas 1.8%
- VEEV Veeva Sys Incwas 1.1%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -17.1% /yr
- S&P 500 +11.7%
- 3 years
- —
- 5 years
- —
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $670.3M | 11 |
| Q1 2026 | $413.4M | 12 |
| Q4 2025 | $430.2M | 9 |
| Q3 2025 | $273.3M | 8 |
| Q2 2025 | $104.3M | 7 |
| Q1 2025 | $93.4M | 8 |
Questions about Square Wave Capital, LLC's portfolio
What stocks does Square Wave Capital, LLC own?
Square Wave Capital, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 11 positions worth $670.3M. The largest are Micron Technology Inc (MU) at 15.4%, Asml Hldg NV (ASML) at 14.2%, Ati Inc (ATI) at 13.1%, Marriott Intl Inc New (MAR) at 12.8% and Amazon Com Inc (AMZN) at 12.8%.
What did Square Wave Capital, LLC buy last quarter?
In Q2 2026, Square Wave Capital, LLC added a new position in Intel Corp (INTC), a new position in Ftai Aviation Ltd (FTAI), Micron Technology Inc (MU) (+240.7% shares), Carpenter Technology Corp (CRS) (+169.1% shares) and Amazon Com Inc (AMZN) (+36.2% shares), compared with its Q1 2026 filing.
What did Square Wave Capital, LLC sell last quarter?
In Q2 2026, Square Wave Capital, LLC sold all of Moodys Corp (MCO), sold all of Fair Isaac Corp (FICO), sold all of Veeva Sys Inc (VEEV), MasTec Inc (MTZ) (-51.3% shares) and Tradeweb Mkts Inc (TW) (-43.4% shares), compared with its Q1 2026 filing.
When is Square Wave Capital, LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Square Wave Capital, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Square Wave Capital, LLC manage?
Square Wave Capital, LLC reported $428.8M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $670.3M.