Alpha Wave Global, LP
Long book
$790.5M
Q1 2026
Positions
20
Top-10 weight
96%
concentration
Last quarter
-7.3%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsAlpha Wave Global, LP is a concentrated fundamental stock-picker, specialised in consumer_discretionary (63% of the long book), running a $790.5M US long book across 20 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: QXO INC, ALTO NEUROSCIENCE INC, WOODWARD INC, LENZ THERAPEUTICS INC, BOEING CO/THE.
Over the last 9 quarters its long book ran on average 5.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-11.8%
Q2 2024
+16.7%
Q3 2024
+0.8%
Q4 2024
-14.4%
Q1 2025
+13.9%
Q2 2025
+4.0%
Q3 2025
-6.6%
Q4 2025
-1.5%
Q1 2026
-7.3%
Sector allocation
Consumer discretionary 66%
Healthcare 20%
Industrials 13%
Materials 1%
Technology 0%
Services media 0%
Long book by quarter
What does Alpha Wave own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| QXO QXO INC | Consumer discretionary | 24.4M | $473.7M | 59.9% | Held |
| ANRO ALTO NEUROSCIENCE INC | Healthcare | 3.7M | $83.4M | 10.5% | Held |
| WWD WOODWARD INC | Industrials | 96.7K | $34.6M | 4.4% | -19.3% |
| LENZ LENZ THERAPEUTICS INC | Healthcare | 3.6M | $33.1M | 4.2% | Held |
| BA BOEING CO/THE | Industrials | 165.4K | $32.9M | 4.2% | -8.1% |
| RDNT RADNET INC | Healthcare | 478.3K | $26.7M | 3.4% | -11.7% |
| AMRZ AMRIZE LTD | Industrials | 407.2K | $22.8M | 2.9% | New |
| REZI RESIDEO TECHNOLOGIES INC | Consumer discretionary | 603.4K | $20.3M | 2.6% | +30.0% |
| HII HUNTINGTON INGALLS INDUSTRIE | Industrials | 17.5K | $6.7M | 0.8% | -42.5% |
| NGVT INGEVITY CORP | Materials | 85.6K | $6.1M | 0.8% | -55.2% |
| DNN DENISON MINES CORP | Materials | 750.4K | $2.6M | 0.3% | -10.4% |
| AMLX AMYLYX PHARMACEUTICALS INC | Healthcare | 142.3K | $2.0M | 0.3% | -55.2% |
| PRCH PORCH GROUP INC | Technology | 257.0K | $1.8M | 0.2% | -10.4% |
| PCSC PERCEPTIVE CAPITAL SOLUTIONS | Healthcare | 157.0K | $1.7M | 0.2% | -10.4% |
| NXE NEXGEN ENERGY LTD | Materials | 136.8K | $1.6M | 0.2% | -10.4% |
| RDW REDWIRE CORP | Industrials | 163.0K | $1.4M | 0.2% | -10.4% |
| PAYO PAYONEER GLOBAL INC | Services media | 223.9K | $1.1M | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 20 | $790.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 22 | $815.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 28 | $987.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 33 | $928.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 24 | $224.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 23 | $217.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 21 | $324.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 25 | $305.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR/ARESTATEMENT | May 15, 2024 | 27 | $336.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 27 | $288.4M | SEC ↗ |