Square Wave Capital, LLC Diversified Active

Location: Brooklyn, NY

CIK: 0002077145 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $430M (100.0% shares, 0.0% debt)

Holdings (9)

FICO FAIR ISAAC CORP 16.5%

Value $70.84M Shares 41,900 Est. Cost $1696.14 Unrealized +1.5%

MAR MARRIOTT INTL INC NEW 15.8%

Value $67.97M Shares 219,100 Est. Cost $272.53 Unrealized +4.7%

MCO MOODYS CORP 13.7%

Value $59.11M Shares 115,700 Est. Cost $490.30 Unrealized -0.6%

TW TRADEWEB MKTS INC 13.1%

Value $56.52M Shares 525,600 Est. Cost $124.89 Unrealized -14.0%

VEEV VEEVA SYS INC 13.1%

Value $56.37M Shares 252,500 Est. Cost $263.08 Unrealized +0.9%

AMZN AMAZON COM INC 10.0%

Value $43.09M Shares 186,700 Est. Cost $228.79 Unrealized 0.0%

GOOGL ALPHABET INC 8.7%

Value $37.5M Shares 119,800 Est. Cost $285.60 Unrealized 0.0%

EFX EQUIFAX INC 8.3%

Value $35.81M Shares 165,020 Est. Cost $251.22 Unrealized -13.0%

AXON AXON ENTERPRISE INC 0.7%

Value $3.02M Shares 5,317 Est. Cost $543.94 Unrealized +14.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FICO	FAIR ISAAC CORP	41,900	$70.84M	16.5%	$1696.14	+1.5%	COM	303250104
MAR	MARRIOTT INTL INC NEW	219,100	$67.97M	15.8%	$272.53	+4.7%	CL A	571903202
MCO	MOODYS CORP	115,700	$59.11M	13.7%	$490.30	-0.6%	COM	615369105
TW	TRADEWEB MKTS INC	525,600	$56.52M	13.1%	$124.89	-14.0%	CL A	892672106
VEEV	VEEVA SYS INC	252,500	$56.37M	13.1%	$263.08	+0.9%	CL A COM	922475108
AMZN	AMAZON COM INC	186,700	$43.09M	10.0%	$228.79	0.0%	COM	023135106
GOOGL	ALPHABET INC	119,800	$37.5M	8.7%	$285.60	0.0%	CAP STK CL A	02079K305
EFX	EQUIFAX INC	165,020	$35.81M	8.3%	$251.22	-13.0%	COM	294429105
AXON	AXON ENTERPRISE INC	5,317	$3.02M	0.7%	$543.94	+14.1%	COM	05464C101