ADW Capital Management, LLC

CIK 1745214 · View on SEC EDGAR ↗

Portfolio value
$466.9M
#3,954 of 9,443 by 13F value · top 41.9%
Positions
11
As of
June 30, 2026

Portfolio value QoQ: +81.5% 13F does not disclose cash

Top 10 holdings weight
99.92%
Top 25 holdings weight
100.00%
Positions above 1%
10
Effective number of positions
7.3

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 0.0% Est. buys $188,328,372 · sells $0

Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 64.7% still held

New positions
1
Increased
6
Decreased
0
Closed
1
On this page

Performance vs S&P 500

Tracked Q3 2025–Q2 2026
-11.7%
S&P 500 total return (same window)
+13.0%
Excess return
-24.6%

Annualized: -15.3% · S&P 500: +17.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.8% · Options excluded: 5.0%

Sector breakdown

Financial Services
33.1%
Industrials
24.9%
Diversified Consumer Services
23.6%
Communication Services
16.1%
Technology
2.3%

Full portfolio 11 positions

Type Streak 8Q trend
CODI D/B/A Compass Diversified Holdings Shares of Beneficial Interest $114,595,000 24.54% 10,750,000 Call option $100,840,000 Up ×1
DRVN Driven Brands Holdings Inc. - Common Stock $69,700,000 14.93% 5,000,000 $19,260,000 Up ×1
APG APi Group Corporation Common Stock $62,767,359 13.44% 1,482,110 $2,712,262
DRVN Driven Brands Holdings Inc. - Common Stock $40,426,000 8.66% 2,900,000 Call option Up ×1
CODI D/B/A Compass Diversified Holdings Shares of Beneficial Interest $39,975,000 8.56% 3,750,000 $10,500,000
STGW Stagwell Inc. - Class A Common Stock $37,982,160 8.13% 5,112,000 Call option $31,692,160 Up ×1
GFL GFL Environmental Inc. Subordinate voting shares, no par value $37,157,900 7.96% 1,010,000 $-4,979,300
STGW Stagwell Inc. - Class A Common Stock $37,157,430 7.96% 5,001,000 $5,707,430 Up ×1
TIC TIC Solutions, Inc. Common Stock $16,180,000 3.47% 2,000,000 $8,916,996 Up ×2
PAR PAR Technology Corporation Common Stock $10,616,253 2.27% 609,429 $2,655,190 Up ×1
KELYA Kelly Services, Inc. - Class A Common Stock $368,400 0.08% 30,000 $102,900

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
DRVN $40,426,000 2,900,000 8.66%

Top movers (QoQ)

Security Action Shares Δ Value Δ
DRVN Bought more +1.0M +$19.3M
CODI Price move only +0 +$10.5M
TIC Bought more +896K +$8.9M
STGW Bought more +1K +$5.7M
GFL Price move only +0 -$5.0M
APG Price move only +0 +$2.7M
PAR Bought more +12K +$2.7M
KELYA Price move only +0 +$103K

2 positions hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
VYX Dec. 31, 2025 2,250,000 $28,237,500 -25.0%
RICK Dec. 31, 2025 821,000 $25,048,710 28.5%
OLO Sept. 30, 2025 1,900,000 $16,910,000 No longer tracked
FATAQ Dec. 31, 2025 587,400 $1,145,430 No longer tracked
SCHL March 31, 2026 34,000 $1,007,420 3.0%