Skip to content
Disclosery

Square Wave Capital, LLC

Follow

13F filer, CIK 2077145, BROOKLYN, NY

Square Wave Capital, LLC reported $273,302,516 across 8 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001213900-25-110488

Period
2025-09-30
Reported value
$273M
Holdings
8
Top 10 weight
100%
New
1
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
MARnew+157,100$40.9M
TWadded+310,993$34.5M
VEEVadded+108,405$32.3M
FICOadded+20,016$30M
MCOadded+50,819$24.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
AXONreduced-12,850-$9.22M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001213900-25-110488, largest first. % of portfolio is the value over $273,302,516, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
VEEVVEEVA SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 68,802 shares; 2025Q1: 49,538 shares; 2025Q2: 53,426 shares; 2025Q3: 161,831 shares 161,831$48.2M17.64%+108,405Timeline
TWTRADEWEB MKTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 99,113 shares; 2025Q1: 106,274 shares; 2025Q2: 106,870 shares; 2025Q3: 417,863 shares 417,863$46.4M16.97%+310,993Timeline
FICOFAIR ISAAC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 7,777 shares; 2025Q1: 8,016 shares; 2025Q2: 8,284 shares; 2025Q3: 28,300 shares 28,300$42.4M15.5%+20,016Timeline
MARMARRIOTT INTL INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 157,100 shares 157,100$40.9M14.97%newTimeline
EFXEQUIFAX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 47,017 shares; 2025Q1: 57,324 shares; 2025Q2: 58,962 shares; 2025Q3: 146,897 shares 146,897$37.7M13.79%+87,935Timeline
MCOMOODYS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 24,738 shares; 2025Q1: 24,154 shares; 2025Q2: 27,669 shares; 2025Q3: 78,488 shares 78,488$37.4M13.68%+50,819Timeline
ITGARTNER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 26,280 shares; 2025Q1: 28,245 shares; 2025Q2: 30,728 shares; 2025Q3: 58,198 shares 58,198$15.3M5.6%+27,470Timeline
AXONAXON ENTERPRISE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 28,975 shares; 2025Q1: 24,627 shares; 2025Q2: 19,915 shares; 2025Q3: 7,065 shares 7,065$5.07M1.86%-12,850Timeline

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001213900-25-110488 base2025-11-14acceptance time not in the bulk data set