Managers / Q4 2020 · view latest →
Firsthand Capital Management, Inc.
CIK 0001476179 · 150 ALMADEN BLVD., SUITE 1250, SAN JOSE, CA, 95113 · 408-624-9530
Reported Value
$368M
Q4 2020
Positions
56
Filings on Record
29
2019–present window
Filed
Feb 16, 2021
original filing
Summary
Firsthand Capital Management, Inc. reported $368M in U.S.-listed holdings across 56 positions for Q4 2020.
The portfolio is heavily concentrated: ROKU alone accounts for 21.7% of reported value.
Compared with Q3 2020, the fund opened 7 new positions and exited 4.
Portfolio Metrics
Turnover
+2.6%
vs prior filed quarter
Top-10 Concentration
+64.7%
share of reported value
Largest Position
+21.7%
Roku
New / Exited
7 / 4
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 89.4% · $329M
- Other · 10.2% · $37M
- ADR · 0.3% · $1M
- NY Reg Shrs · 0.1% · $319,000
Quarter-over-Quarter Changes full breakdown →
vs Q3 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NETCloudflare, Inc. | NEW | +100.0K | 100.0K | +$8M | $8M |
| Qell Acquistion Corp. | NEW | +593.3K | 593.3K | +$6M | $6M |
| Spring Valley Acquisition Corp. Warrant | NEW | +90.0K | 90.0K | +$657,000 | $657,000 |
| Sustainable Opportunities Acquisition Corp. | NEW | +60.0K | 60.0K | +$646,000 | $646,000 |
| Climate Change Crisis Real Impact I Acquisition Corp. | NEW | +60.0K | 60.0K | +$643,000 | $643,000 |
| Decarbonization Plus Acquisition Corp. | NEW | +60.0K | 60.0K | +$636,000 | $636,000 |
| Decarboniization Plus Acquistion Corp. | NEW | +30.0K | 30.0K | +$55,000 | $55,000 |
| RUNSunrun, Inc. | ADDED | +6.6K | 11.6K | +$420,000 | $805,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2020
56 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ROKURoku, Inc.history → | Common Stock | 21.66% | $80M | 240.0K |
| 2 | CHGGChegg, Inc.history → | Common Stock | 8.35% | $31M | 340.0K |
| 3 | Cree, Inc. | Common Stock | 6.27% | $23M | 218.0K |
| 4 | ZSZscaler, Inc.history → | Common Stock | 5.43% | $20M | 100.0K |
| 5 | PINSPinterest, Inc.history → | Common Stock | 4.66% | $17M | 260.0K |
| 6 | DOMODomo, Inc.history → | Common Stock | 4.33% | $16M | 250.0K |
| 7 | PTONPeloton Interactive, Inc.history → | Common Stock | 4.12% | $15M | 100.0K |
| 8 | NTNXNutanix, Inc.history → | Common Stock | 3.72% | $14M | 430.0K |
| 9 | SEDGSolarEdge Technologies, Inc.history → | Common Stock | 3.21% | $12M | 37.0K |
| 10 | WORKSlack Technologies, Inc.history → | Common Stock | 2.98% | $11M | 260.0K |
| 11 | TWLOTwilio, Inc.history → | Common Stock | 2.76% | $10M | 30.0K |
| 12 | ENPHEnphase Energy, Inc.history → | Common Stock | 2.62% | $10M | 55.0K |
| 13 | NFLXNetflix, Inc.history → | Common Stock | 2.20% | $8M | 15.0K |
| 14 | NETCloudflare, Inc.history → | Common Stock | 2.07% | $8M | 100.0K |
| 15 | BILLBill.com Holdings, Inc.history → | Common Stock | 1.86% | $7M | 50.0K |
| 16 | Coupa Software, Inc. | Common Stock | 1.84% | $7M | 20.0K |
| 17 | DOCUDocuSign, Inc.history → | Common Stock | 1.81% | $7M | 30.0K |
| 18 | KTOSKratos Defense & Security Solutions, Inc.history → | Common Stock | 1.79% | $7M | 240.0K |
| 19 | Zendesk, Inc. | Common Stock | 1.56% | $6M | 40.0K |
| 20 | Qell Acquisition Corp. | Common Stock | 1.54% | $6M | 460.0K |
| 21 | AKAMAkamai Technologies, Inc.history → | Common Stock | 1.43% | $5M | 50.0K |
| 22 | 2U, Inc. | Common Stock | 1.41% | $5M | 130.0K |
| 23 | ADBEAdobe Systems, Inc.history → | Common Stock | 1.36% | $5M | 10.0K |
| 24 | WDAYWorkday, Inc.history → | Common Stock | 1.30% | $5M | 20.0K |
| 25 | MDBMongoDB,Inc. | Common Stock | 0.98% | $4M | 10.0K |
| 26 | PANWPalo Alto Networks, Inc. | Common Stock | 0.97% | $4M | 10.0K |
| 27 | Splunk, Inc. | Common Stock | 0.92% | $3M | 20.0K |
| 28 | GWREGuidewire Software, Inc. | Common Stock | 0.79% | $3M | 22.5K |
| 29 | PFPTProofpoint, Inc. | Common Stock | 0.74% | $3M | 20.0K |
| 30 | OKTAOkta, Inc. | Common Stock | 0.69% | $3M | 10.0K |
| 31 | PYPLPayPal Holdings, Inc. | Common Stock | 0.64% | $2M | 10.0K |
| 32 | Maxar Technologyies, Inc. | Common Stock | 0.63% | $2M | 60.0K |
| 33 | CYDYCytoDyn, Inc. | ADR | 0.47% | $2M | 322.7K |
| 34 | VSATViaSat, Inc. | Common Stock | 0.35% | $1M | 40.0K |
| 35 | GW Pharmaceuticals plc | Common Stock | 0.35% | $1M | 11.0K |
| 36 | RUNSunrun, Inc. | Common Stock | 0.22% | $805,000 | 11.6K |
| 37 | Sustainable Opportunities Acquisition Corp. | Common Stock | 0.18% | $646,000 | 60.0K |
| 38 | Climate Change Crisis Real Impact I Acquisition Corp. | Common Stock | 0.17% | $643,000 | 60.0K |
| 39 | Decarbonization Plus Acquisition Corp. | Common Stock | 0.17% | $636,000 | 60.0K |
| 40 | Spring Valley Acquisition Corp. | Common Stock | 0.16% | $607,000 | 60.0K |
| 41 | ASPNAspen Aerogels, Inc. | Common Stock | 0.16% | $584,000 | 35.0K |
| 42 | ITRIItron, Inc. | Common Stock | 0.15% | $534,000 | 5.6K |
| 43 | SPWRQSunPower Corp. - Class B | Common Stock | 0.14% | $511,000 | 19.9K |
| 44 | FSLRFirst Solar, Inc. | Common Stock | 0.13% | $495,000 | 5.0K |
| 45 | Qell Acquistion Corp. | Common Stock | 0.11% | $420,000 | 133.3K |
| 46 | PWRQuanta Services, Inc. | Common Stock | 0.10% | $360,000 | 5.0K |
| 47 | ONON Semiconductor Corp. | Common Stock | 0.09% | $327,000 | 10.0K |
| 48 | PHGKoninklijke (Royal) Philips Electronics N.V. | Common Stock | 0.09% | $319,000 | 5.9K |
| 49 | Blue Apron Holdings, Inc. | Common Stock | 0.08% | $280,000 | 50.0K |
| 50 | GLWCorning, Inc. | Common Stock | 0.06% | $233,000 | 6.5K |
| 51 | LSAKNet 1 UEPS Technologies, Inc. | Common Stock | 0.04% | $148,000 | 30.0K |
| 52 | Orion Energy Systems, Inc. | Common Stock | 0.04% | $138,000 | 14.0K |
| 53 | Covanta Holding Corp. | Common Stock | 0.04% | $131,000 | 10.0K |
| 54 | Curaleaf Holdings, Inc. | Common Stock | 0.03% | $120,000 | 10.0K |
| 55 | Decarboniization Plus Acquistion Corp. | Common Stock | 0.01% | $55,000 | 30.0K |
| 56 | Spring Valley Acquisition Corp. Warrant | Warrant | 0.01% | $50,000 | 30.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $47M | 47 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $54M | 47 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $60M | 49 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $56M | 49 | Aug 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $41M | 47 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $48M | 48 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $51M | 46 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $51M | 48 | Aug 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $61M | 52 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $72M | 53 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $69M | 47 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $83M | 56 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $92M | 46 | May 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $86M | 43 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $110M | 43 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $116M | 46 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $192M | 47 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $263M | 51 | Feb 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $335M | 55 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $399M | 57 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $357M | 61 | May 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $368M | 56 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $252M | 51 | Nov 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $219M | 48 | Aug 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $126M | 47 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $257M | 53 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $248M | 55 | Nov 7, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $260M | 49 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $268M | 47 | May 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.