Filed: 11/14/2025ACC: 0001213900-25-110488
📋 What this filing means
SQUARE WAVE CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 8 equity positions with a total reported market value of $273.30M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
8
Positions
$273.30M
Total AUM (reported)
1.06M
Total Shares
Allocation by class
COM$137.80M50.4%
CL A$87.29M31.9%
CL A COM$48.21M17.6%
Portfolio Concentration
Top 3$136.94M50.1%
4–10$136.37M49.9%
Top 3 weight
50.1%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 1.06M
Sole
Full voting authority
1.06M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole8
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings8
Rows:
VEEVA SYS INC
SOLEShares161.83K
TypeSH
Market value$48.21M
17.64%
Sole
161.83K
Shared
0.00
None
0.00
TRADEWEB MKTS INC
SOLEShares417.86K
TypeSH
Market value$46.37M
16.97%
Sole
417.86K
Shared
0.00
None
0.00
FAIR ISAAC CORP
SOLEShares28.30K
TypeSH
Market value$42.35M
15.50%
Sole
28.30K
Shared
0.00
None
0.00
MARRIOTT INTL INC NEW
SOLEShares157.10K
TypeSH
Market value$40.92M
14.97%
Sole
157.10K
Shared
0.00
None
0.00
EQUIFAX INC
SOLEShares146.90K
TypeSH
Market value$37.68M
13.79%
Sole
146.90K
Shared
0.00
None
0.00
MOODYS CORP
SOLEShares78.49K
TypeSH
Market value$37.40M
13.68%
Sole
78.49K
Shared
0.00
None
0.00
GARTNER INC
SOLEShares58.20K
TypeSH
Market value$15.30M
5.60%
Sole
58.20K
Shared
0.00
None
0.00
AXON ENTERPRISE INC
SOLEShares7.07K
TypeSH
Market value$5.07M
1.86%
Sole
7.07K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VEEVA SYS INCSOLE | CL A COM | 161.83K | SH | $48.21M 17.64% | 161.83K | 0.00 | 0.00 |
TRADEWEB MKTS INCSOLE | CL A | 417.86K | SH | $46.37M 16.97% | 417.86K | 0.00 | 0.00 |
FAIR ISAAC CORPSOLE | COM | 28.30K | SH | $42.35M 15.50% | 28.30K | 0.00 | 0.00 |
MARRIOTT INTL INC NEWSOLE | CL A | 157.10K | SH | $40.92M 14.97% | 157.10K | 0.00 | 0.00 |
EQUIFAX INCSOLE | COM | 146.90K | SH | $37.68M 13.79% | 146.90K | 0.00 | 0.00 |
MOODYS CORPSOLE | COM | 78.49K | SH | $37.40M 13.68% | 78.49K | 0.00 | 0.00 |
GARTNER INCSOLE | COM | 58.20K | SH | $15.30M 5.60% | 58.20K | 0.00 | 0.00 |
AXON ENTERPRISE INCSOLE | COM | 7.07K | SH | $5.07M 1.86% | 7.07K | 0.00 | 0.00 |