What hedge funds are most similar to FirstWave Capital Management LLC?

The funds with the most similar 13F portfolios to FirstWave Capital Management LLC are DEEPWATER ASSET, Bienville, Metavasi, based on overlapping conviction holdings in the latest SEC filings.

How is hedge fund similarity measured?

Similarity is computed from each fund's top conviction holdings in their latest 13F filing. Funds are scored by the overlap of distinctive shared positions (the mega-caps that nearly every fund owns are excluded), so the ranking reflects genuinely shared strategy rather than common index exposure.

Hedge Funds Similar to FirstWave

13F Portfolio OverlapQ2 2026FirstWave portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

FirstWave Capital Management LLC is an institutional investor managing $227M across 63 U.S. equity positions as of Q2 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to FirstWave are DEEPWATER ASSET, Bienville, Metavasi, with shared positions in $CRDO, $APP, $MELI, $NU, $RDDT, $RBRK. The full ranking of 25 similar funds is below.

#1DEEPWATER ASSET MANAGEMENT, LLCPassive

Substantial overlap · 8 shared positions

$CRDO $APP $MELI $NU $RDDT $RBRK

$220M

35 positions

#2Bienville Capital Management, LLCPassive

Notable overlap · 8 shared positions

$HIMS $MELI $RDDT $APP $SE $RBRK

$750M

95 positions

#3Metavasi Capital LPActive

Notable overlap · 4 shared positions

$APP $HIMS $NU $RDDT

$287M

25 positions

#43G Capital Partners LPActive

Notable overlap · 5 shared positions

$APP $NBIS $MELI $SE $CIFR

$373M

18 positions

#5Hiddenite Capital Partners LPActive

Notable overlap · 5 shared positions

$APP $NU $RDDT $SE $BRUN

$1.2B

38 positions

#6INTERCAPITAL, LLCPassive

Notable overlap · 7 shared positions

$RDDT $CRDO $SE $MELI $CRWV $OUST

$401M

121 positions

#7BERKSHIRE CAPITAL HOLDINGS INCActive

Notable overlap · 9 shared positions

$NBIS $CRDO $ALAB $BE $RKLB $GLW

$462M

122 positions

#8Jericho Capital Asset Management L.P.Active

Notable overlap · 5 shared positions

$APP $RDDT $FPS $LITE $ZS

$12.1B

29 positions

#9BAILLIE GIFFORD & COActive

Notable overlap · 7 shared positions

$MELI $APP $NU $SE $AXON $RDDT

$110.2B

273 positions

#10Kora Management LPActive

Notable overlap · 4 shared positions

$NBIS $MELI $NU $SE

$843M

10 positions

#11LONE PINE CAPITAL LLCActive

Notable overlap · 6 shared positions

$NBIS $APP $NU $GLW $SHAZ $SE

$16.4B

34 positions

#12Capital Impact Advisors, LLCActive

Notable overlap · 6 shared positions

$APP $RDDT $ALAB $AXON $MDB $RKLB

$1.8B

29 positions

#13Spyglass Capital Management LLCActive

Notable overlap · 4 shared positions

$APP $CRDO $FPS $MDB

$1.8B

25 positions

#14Meadowbrook Wealth Management, LLCPassive

Notable overlap · 4 shared positions

$NBIS $APP $RDDT $CRWV

$93M

81 positions

#15X-Square Capital, LLCPassive

Notable overlap · 6 shared positions

$HIMS $APP $IREN $NU $MELI $ASTS

$394M

176 positions

#16Renaissance Capital LLCPassive

Notable overlap · 5 shared positions

$RDDT $ALAB $FPS $RBRK $CRWV

$181M

52 positions

#17Value Aligned Research Advisors, LLC

Notable overlap · 10 shared positions

$NBIS $IREN $BE $LITE $CRWV $CIFR

$40.1B

123 positions

#18SOMA EQUITY PARTNERS LPActive

Notable overlap · 6 shared positions

$CRDO $NBIS $IREN $BE $LITE $MDB

$1.4B

24 positions

#19FRED ALGER MANAGEMENT, LLCActive

Notable overlap · 7 shared positions

$NBIS $APP $ALAB $SE $LITE $MELI

$30.0B

425 positions

#20Clear Street Group Inc.Active

Notable overlap · 12 shared positions

$NBIS $LITE $BE $CRWV $COHR $CRDO

$39.5B

1,414 positions

#21Maytree Asset Management LtdActive

Notable overlap · 6 shared positions

$NBIS $ALAB $AAOI $LITE $COHR $CRDO

$154M

44 positions

#22Feynman Point Asset Management LLCActive

Notable overlap · 5 shared positions

$NBIS $IREN $SHAZ $BRUN $CIFR

$55M

28 positions

#23LIGHT STREET CAPITAL MANAGEMENT, LLCActive

Notable overlap · 6 shared positions

$RDDT $MELI $ALAB $BE $MDB $DDOG

$903M

28 positions

#24Eddie Patel IncPassive

Notable overlap · 7 shared positions

$NBIS $APP $HIMS $CRDO $LITE $RKLB

$167M

127 positions

#25Situational Awareness LPSmart money

Notable overlap · 5 shared positions

$NBIS $IREN $SHAZ $BE $CRWV

$20.2B

26 positions

Compare FirstWave’s portfolio side by side

See the exact shared positions, conviction overlap, sector alignment, and where these funds diverge — and run the same analysis on any of 8,700+ institutions.

View FirstWave’s holdings

Similarity is derived from each fund’s latest 13F-HR filing with the SEC. Funds are ranked by the overlap of distinctive conviction holdings; near-universal mega-cap positions are excluded so the ranking reflects shared strategy, not common index exposure. Data is informational only and not investment advice.