Square Wave Capital, LLC Long-Term Concentrated

CIK: 0002077145 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $273,303 (100.0% shares, 0.0% debt)

Holdings (8)

VEEV VEEVA SYS INC 17.6%

Value ($000) $48,211 Shares 161,831 Est. Cost $261.80 Unrealized +7.5%

TW TRADEWEB MKTS INC 17.0%

Value ($000) $46,374 Shares 417,863 Est. Cost $129.42 Unrealized -0.7%

FICO FAIR ISAAC CORP 15.5%

Value ($000) $42,352 Shares 28,300 Est. Cost $1684.01 Unrealized -10.7%

MAR MARRIOTT INTL INC NEW 15.0%

Value ($000) $40,915 Shares 157,100 Est. Cost $267.49 Unrealized 0.0%

EFX EQUIFAX INC 13.8%

Value ($000) $37,683 Shares 146,897 Est. Cost $255.24 Unrealized -1.9%

MCO MOODYS CORP 13.7%

Value ($000) $37,398 Shares 78,488 Est. Cost $491.70 Unrealized +2.2%

IT GARTNER INC 5.6%

Value ($000) $15,299 Shares 58,198 Est. Cost $404.96 Unrealized -28.0%

AXON AXON ENTERPRISE INC 1.9%

Value ($000) $5,070 Shares 7,065 Est. Cost $543.94 Unrealized +39.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEEV	VEEVA SYS INC	161,831	$48,211	17.6%	$261.80	+7.5%	CL A COM	922475108
TW	TRADEWEB MKTS INC	417,863	$46,374	17.0%	$129.42	-0.7%	CL A	892672106
FICO	FAIR ISAAC CORP	28,300	$42,352	15.5%	$1684.01	-10.7%	COM	303250104
MAR	MARRIOTT INTL INC NEW	157,100	$40,915	15.0%	$267.49	0.0%	CL A	571903202
EFX	EQUIFAX INC	146,897	$37,683	13.8%	$255.24	-1.9%	COM	294429105
MCO	MOODYS CORP	78,488	$37,398	13.7%	$491.70	+2.2%	COM	615369105
IT	GARTNER INC	58,198	$15,299	5.6%	$404.96	-28.0%	COM	366651107
AXON	AXON ENTERPRISE INC	7,065	$5,070	1.9%	$543.94	+39.5%	COM	05464C101