Institutional Manager · CIK 0001745214
ADW Capital Management, LLC
Miami Beach, FL · File #028-19312
Latest AUM
$133.9M
Positions
5
Top-10 Concentration
100.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | NCR VOYIX CORPORATION | 62886E108 | -2,250,000 | -$28.2M | $0 |
| EXITED | RCI HOSPITALITY HLDGS INC | 74934Q108 | -821,000 | -$25.0M | $0 |
| ADD | API GROUP CORP | APG | +482,110 | +$18.4M | +$3.9M |
| EXITED | FAT BRANDS INC | 30258N105 | -587,400 | -$1.1M | $0 |
| NEW | SCHOLASTIC CORP | SCHL | +34,000 | +$1.0M | $0 |
| REDUCE | GFL ENVIRONMENTAL INC | GFL | 0 | $0 | -$4.5M |
| REDUCE | PAR TECHNOLOGY CORP | PAR | 0 | $0 | -$2.0M |
| REDUCE | TIC SOLUTIONS INC | TICAW | 0 | $0 | -$3.5M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20255 pos · $133.9M
- 13F HOLDINGS REPORTQ/E Sep 20257 pos · $174.9M
- 13F HOLDINGS REPORTQ/E Jun 20257 pos · $366.3M
- 13F HOLDINGS REPORTQ/E Mar 20256 pos · $308.2M
- 13F HOLDINGS REPORTQ/E Dec 20245 pos · $325.4M
- 13F HOLDINGS REPORTQ/E Sep 20246 pos · $317.3M
- 13F HOLDINGS REPORTQ/E Jun 20246 pos · $463.7M
- 13F HOLDINGS REPORTQ/E Mar 20246 pos · $501.1M
- 13F HOLDINGS REPORTQ/E Dec 20237 pos · $371.7M
Top 5 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | API GROUP CORP | APG | 1,482,110 | $56.7M | 42.36% |
| 2 | GFL ENVIRONMENTAL INC | GFL | 1,010,000 | $43.4M | 32.40% |
| 3 | PAR TECHNOLOGY CORP | PAR | 597,229 | $21.7M | 16.18% |
| 4 | TIC SOLUTIONS INC | TICAW | 1,100,000 | $11.1M | 8.31% |
| 5 | SCHOLASTIC CORP | SCHL | 34,000 | $1.0M | 0.75% |