SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Firsthand Capital Management, Inc.

CIK 0001476179 · 150 ALMADEN BLVD., SUITE 1250, SAN JOSE, CA, 95113 · 408-624-9530

Reported Value
$56M
Q2 2025
Positions
49
Filings on Record
29
2019–present window
Filed
Aug 15, 2025
original filing

Summary

Firsthand Capital Management, Inc. reported $56M in U.S.-listed holdings across 49 positions for Q2 2025.

Its largest position, PLTR, represents 13.5% of the portfolio.

Compared with Q1 2025, the fund opened 5 new positions and exited 3.

Portfolio Metrics

Turnover
+5.7%
vs prior filed quarter
Top-10 Concentration
+65.0%
share of reported value
Largest Position
+13.5%
Palantir Technologies
New / Exited
5 / 3
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
Q1 ’19: $268MQ1 ’19Q2 ’19: $260MQ3 ’19: $248MQ4 ’19: $257MQ1 ’20: $126MQ1 ’20Q2 ’20: $219MQ3 ’20: $252MQ4 ’20: $368MQ1 ’21: $357MQ1 ’21Q2 ’21: $399MQ3 ’21: $335MQ4 ’21: $263MQ1 ’22: $192MQ1 ’22Q2 ’22: $116MQ3 ’22: $110MQ4 ’22: $86MQ1 ’23: $92MQ1 ’23Q2 ’23: $83MQ3 ’23: $69MQ4 ’23: $72MQ1 ’24: $61MQ1 ’24Q2 ’24: $51MQ3 ’24: $51MQ4 ’24: $48MQ1 ’25: $41MQ1 ’25Q2 ’25: $56MQ3 ’25: $60MQ4 ’25: $54MQ1 ’26: $47MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 98.7%Other: 0.8%NY Reg Shrs: 0.5%
  • Common Stock · 98.7% · $55M
  • Other · 0.8% · $459,888
  • NY Reg Shrs · 0.5% · $271,039

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RKLBROCKET LAB CORPNEW+50.0K50.0K+$2M$2M
SOFISOFI TECHNOLOGIES INCNEW+50.0K50.0K+$910,500$910,500
COHRCOHERENT CORPNEW+10.0K10.0K+$892,100$892,100
SPWRCOMPLETE SOLARIA INCNEW+100.0K100.0K+$184,000$184,000
ORAORMAT TECHNOLOGIES INCNEW+2.0K2.0K+$167,520$167,520
OKLOOKLO INCADDED+20.0K30.0K+$1M$2M
PDPAGERDUTY INCSOLD OUT−90.0K0−$2M$0
EVGOEVGO INCSOLD OUT−20.0K0−$81,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PLTRPALANTIR TECHNOLOGIES INChistory →Common Stock13.50%$7M55.0K
2NFLXNETFLIX INChistory →Common Stock12.05%$7M5.0K
3ROKUROKU INChistory →Common Stock11.86%$7M75.0K
4DOMODOMO INChistory →Common Stock5.78%$3M230.0K
5DOCUDOCUSIGN INChistory →Common Stock4.21%$2M30.0K
6UBERUBER TECHNOLOGIES INChistory →Common Stock4.20%$2M25.0K
7PANWPALO ALTO NETWORKS INChistory →Common Stock3.68%$2M10.0K
8ANETARISTA NETWORKS INChistory →Common Stock3.31%$2M18.0K
9RKLBROCKET LAB CORPhistory →Common Stock3.22%$2M50.0K
10TOSTTOAST INChistory →Common Stock3.19%$2M40.0K
11OKLOOKLO INChistory →Common Stock3.02%$2M30.0K
12WDAYWORKDAY INChistory →Common Stock2.94%$2M7.0K
13MNDYMONDAY.COM LTDhistory →Common Stock2.83%$2M5.0K
14ZSZSCALER INChistory →Common Stock2.83%$2M5.0K
15MDBMONGODB INChistory →Common Stock1.89%$1M5.0K
16HOODROBINHOOD MARKETS INChistory →Common Stock1.85%$1M11.0K
17OKTAOKTA INChistory →Common Stock1.80%$999,70010.0K
18SOFISOFI TECHNOLOGIES INChistory →Common Stock1.64%$910,50050.0K
19COHRCOHERENT CORPhistory →Common Stock1.61%$892,10010.0K
20PWRQUANTA SERVICES INChistory →Common Stock1.43%$793,9682.1K
21PYPLPAYPAL HOLDINGS INChistory →Common Stock1.34%$743,20010.0K
22ASPNASPEN AEROGELS INChistory →Common Stock1.33%$740,000125.0K
23TSLATESLA INChistory →Common Stock1.14%$635,3202.0K
24ONON SEMICONDUCTOR CORPCommon Stock0.75%$419,2808.0K
25ABB LTDCommon Stock0.75%$417,6907.0K
26BEBLOOM ENERGY CORPCommon Stock0.65%$358,80015.0K
27FSLYFASTLY INCCommon Stock0.64%$353,00050.0K
28COINCOINBASE GLOBAL INCCommon Stock0.63%$350,4901.0K
29GLWCORNING INCCommon Stock0.61%$339,7316.5K
30FSLRFIRST SOLAR INCCommon Stock0.60%$331,0802.0K
31CHGGCHEGG INCCommon Stock0.57%$314,600260.0K
32ENVXENOVIX CORPCommon Stock0.56%$310,20030.0K
33ACLSAXCELIS TECHNOLOGIES INCCommon Stock0.50%$278,7604.0K
34ITRIITRON INCCommon Stock0.47%$263,2602.0K
35SPWRCOMPLETE SOLARIA INCCommon Stock0.33%$184,000100.0K
36ORAORMAT TECHNOLOGIES INCCommon Stock0.30%$167,5202.0K
37STMSTMICROELECTRONICS NVCommon Stock0.27%$152,0505.0K
38HONHONEYWELL INTERNATIONAL INCCommon Stock0.24%$135,070580
39PHGKONINKLIJKE PHILIPS NVCommon Stock0.21%$118,9895.0K
40ENPHENPHASE ENERGY INCCommon Stock0.21%$118,9503.0K
41RUNSUNRUN INCCommon Stock0.19%$107,30011.6K
42POWIPOWER INTEGRATIONS INCCommon Stock0.16%$89,3281.6K
43COURCOURSERA INCCommon Stock0.16%$87,60010.0K
44CARRCARRIER GLOBAL CORPCommon Stock0.13%$73,1901.0K
45WOLFSPEED INCCommon Stock0.13%$71,784180.0K
46SEDGSOLAREDGE TECHNOLOGIES INCCommon Stock0.11%$61,2003.0K
47CHARGEPOINT HOLDINGS INCCommon Stock0.08%$42,19860.0K
48ARQARQ INCCommon Stock0.07%$36,5166.8K
49ORION ENERGY SYSTEMS INCCommon Stock0.02%$8,54014.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$47M47May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$54M47Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$60M49Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$56M49Aug 15, 202513F-HRchanges · EDGAR ↗
Q1 2025$41M47May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$48M48Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$51M46Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$51M48Aug 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$61M52May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$72M53Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$69M47Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$83M56Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$92M46May 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$86M43Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$110M43Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$116M46Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$192M47May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$263M51Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$335M55Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$399M57Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$357M61May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$368M56Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$252M51Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$219M48Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$126M47May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$257M53Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$248M55Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$260M49Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$268M47May 14, 201913F-HRchanges · 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 ↗.