Adam Wyden - ADW Capital Management Portfolio (Q1 2026)

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ADW Capital Management, Adam Wyden, has built a diversified portfolio of 8 publicly traded holdings with a total market value of $229.0M as of Mar 31, 2026. This comprehensive analysis examines the latest 13F filing data to understand the investment strategy and recent portfolio adjustments.

The portfolio demonstrates a concentrated approach to stock selection, with the top holding representing 26.2% of the total portfolio value. The top 5 holdings account for 93.2% of the overall portfolio allocation.

Recent portfolio activity shows 10 significant position adjustments, indicating active portfolio management and strategic repositioning. These changes reflect the investor's response to market conditions and evolving investment thesis.

Portfolio Statistics

8
Total Holdings
$229.0M
Portfolio Value
Mar 31, 2026
Latest Filing
26.2%
Largest Position

Top Holdings Analysis

The portfolio's top holdings reveal the investor's core investment thesis and sector preferences. The largest position in API GROUP CORP (APG) represents 26.2% of the total portfolio, valued at $60.1M.

Rank Symbol Company Value Portfolio % Change
1 APG API GROUP CORP $60.1M 26.2% +48.2%
2 DRVN DRIVEN BRANDS HLDGS INC $50.4M 22.0% +100.0%
3 GFL GFL ENVIRONMENTAL INC $42.1M 18.4% -
4 STGW STAGWELL INC $31.4M 13.7% +100.0%
5 CODI COMPASS DIVERSIFIED $29.5M 12.9% +100.0%

For a complete analysis of all holdings and detailed portfolio breakdown by sector and market cap, visit our comprehensive holdings page.

Recent Portfolio Activity

Recent portfolio adjustments provide insights into the investor's evolving strategy and market outlook. The following table shows the top 10 most significant position changes from recent reporting periods (out of 90 total transactions), sorted by the magnitude of change.

For a complete history of all portfolio transactions and detailed activity analysis, visit our comprehensive activity page.

Symbol Company Quantity Change Date Action
STGW Stagwell Inc. +5,000,000 Mar 31, 2026 BUY
DRVN Driven Brands Holdings Inc. +4,000,000 Mar 31, 2026 BUY
CODI D/B/A Compass Diversified Holdi +3,750,000 Mar 31, 2026 BUY
VYX NCR Voyix Corporation -2,250,000 Mar 31, 2026 SELL
RICK RCI Hospitality Holdings, Inc. -821,000 Mar 31, 2026 SELL
FAT FAT Brands Inc. -587,400 Mar 31, 2026 SELL
APG APi Group Corporation +482,110 Mar 31, 2026 BUY
KELYA Kelly Services, Inc. +30,000 Mar 31, 2026 BUY
TIC Acuren +3,800 Mar 31, 2026 BUY
VYX NCR Voyix Corporation +2,250,000 Sep 30, 2025 BUY

Options Activity

Options trading activity provides insights into the investor's derivative strategies and hedging approaches. The following table shows options positions from the latest reporting period, sorted by notional value.

Symbol Company Type Contracts Notional Value Date
CODI D/B/A Compass Diversified Holdi CALL 1,750,000 $13.8M Mar 31, 2026
PAR PAR Technology Corporation PUT 615,600 $8.2M Mar 31, 2026
STGW Stagwell Inc. CALL 1,000,000 $6.3M Mar 31, 2026

Note: Notional value represents the total exposure value of the options position. For a complete analysis of all options strategies and historical options activity, visit our comprehensive options page.

Investment Strategy Insights

ADW Capital Management's investment approach can be analyzed through several key metrics. The portfolio's concentration in top holdings suggests a high-conviction investment strategy, with significant positions in companies that align with the investor's long-term thesis.

The largest position in API GROUP CORP (APG) demonstrates strong conviction in this particular investment opportunity. Recent activity shows a increase of 48.2% in this position, indicating active portfolio management and strategic positioning.

Portfolio turnover can be assessed through recent activity patterns. The 10 most significant transactions shown here (out of 90 total transactions) suggest a highly active approach to portfolio management, with frequent strategic adjustments and position changes.

Additional Analysis

ADW Capital Management's portfolio as of Mar 31, 2026 reflects a strategic approach to equity investing with 8 holdings valued at $229.0M. The concentrated position in API GROUP CORP and other top holdings demonstrates the investor's confidence in specific investment themes and long-term value creation opportunities. Recent activity indicates ongoing portfolio optimization and strategic repositioning.

For the most current portfolio data and detailed analysis, refer to the latest SEC 13F filings and our comprehensive holdings and activity pages, which are updated regularly with the latest filing information.

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