Adam Wyden - ADW Capital Management Investment Strategy & Portfolio Analysis

According to the SEC 13F filed on Aug 14, 2026, Adam Wyden's ADW Capital Management portfolio reflects a highly concentrated, high-conviction approach across 8 reported 13F positions as of quarter-end Jun 30, 2026. Portfolio returns are primarily driven by a small set of high-conviction positions such as Driven Brands Holdings, APi Group, and D/B/A Compass Diversified Holdi, with the top five holdings accounting for approximately 90% of total exposure and Driven Brands Holdings alone contributing ~25%. Economic outcomes are highly concentrated in a narrow set of industrials and consumer cyclical companies names. Exposure to high-growth and technology-oriented segments remains limited relative to peers, with performance weighted across industrials, consumer discretionary, and communication services. The portfolio exhibits extremely low turnover, reinforcing a patient, conviction-led investment approach. Distinctive traits include Long-Term Holder, Highly Concentrated, Economically Concentrated.