Adam Wyden - ADW Capital Management 13F Activity & Position Changes (Q3 2025)

As of Sep 30, 2025, the ADW Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q3 2025, the filing reported:

New Buys - NCR Voyix Corporation

Increases - None reported

Reductions - APi Group Corporation, PAR Technology Corporation, RCI Hospitality Holdings, Inc., Acuren

Complete Exits - Olo Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2025	APG APi Group Corporation	APi Group Corporation	Sell	-66,922	-6.3%	$34.37M	1,000,000
Q3 2025	OLO Olo Inc.	Olo Inc.	Sell - Position Exit	-1,900,000	-100.0%	$0.00	-
Q3 2025	PAR PAR Technology Corporation	PAR Technology Corporation	Sell	-2,000,000	-77.0%	$23.64M	597,229
Q3 2025	RICK RCI Hospitality Holdings, Inc.	RCI Hospitality Holdings, Inc.	Sell	-58,782	-6.7%	$25.05M	821,000
Q3 2025	TIC Acuren	Acuren	Sell	-1,513,803	-57.9%	$14.64M	1,100,000
Q3 2025	VYX NCR Voyix Corporation	NCR Voyix Corporation	Buy - Position Entry	+2,250,000	-	$28.24M	2,250,000