Park West Asset Management LLC

Registered adviser

CIK

1386928

Location

SAN FRANCISCO, CA

Portfolio Value

Mid $1,467,684,902

Diversification

Diversified

Filing Date

Global Rank

#1,985 / 8,818 ▲ 95

Top Industry

Internet Content & Information 8.8%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 157660

Roster of Oct 1, 2026

Regulatory AUM

$2,860,803,000

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

3 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$2,860,803,000 gross assets

LEI

549300NLBGG7GRECUO83

Private funds on Schedule D 7.B.(1)

As filed Mar 29, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$2,466,994,000 gross assets in 3 funds Hedge funds $2,448,357,000 (2) Other private funds $18,637,000 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$2,860,803,000	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$2,535,269,000	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$2,466,994,000	Pooled investment vehicles (100%)
Sep 2023 to Mar 2024	$2,963,015,000	Pooled investment vehicles (100%)
May 2023 to Aug 2023	$2,909,021,000	Pooled investment vehicles (100%)
Apr 2023	$2,909,021,000	Pooled investment vehicles (100%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 45.0%, 30.7 effective positions, active share 86.7% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

116.0% over the last four quarters (100%+)

Horizon

Horizon unknown

The value-weighted holding period is at least 5.0 quarters, but 0.2% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 86.7%; sector active share 27.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

46 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.3%

−0.7 pts

Top 5

25.6%

−3.1 pts

Top 10

44.9%

−3.5 pts

HHI

326

Diversified−18

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	23.9%	$350,560,329	9
Communication Services	19.5%	$286,822,314	8
Healthcare	17.6%	$257,974,042	6
Consumer Cyclical	12.0%	$176,715,649	6
Financial Services	11.8%	$173,733,291	8
Industrials	6.4%	$93,882,388	3
Consumer Defensive	5.2%	$76,379,516	3
Basic Materials	2.9%	$41,991,436	2
Real Estate	0.7%	$9,625,937	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
MGNI	Magnite, Inc.	+1,401,620	2,000,000	$37,960,000
CCOI	Cogent Communications Holdings, Inc.	+1,171,138	3,106,339	$43,115,985
TOST	Toast, Inc.	+899,885	1,642,010	$45,680,718
CXW	CoreCivic, Inc.	+782,453	898,947	$27,310,009
CNK	Cinemark Holdings, Inc.	+258,805	1,282,904	$40,706,543
HQY	Healthequity, Inc.	+153,495	776,651	$70,147,118
CRH	Crh Public Ltd Co	+30,000	190,000	$20,330,000
SNPS	Synopsys Inc	+7,000	70,900	$31,626,363
ENVA	Enova International, Inc.	+2,950	249,213	$59,993,045
No positions match the current search.

Trimmed

Positions the filer reduced

21 positions

Ticker	Company	Δ Shares	Shares	Value
PRCH	Porch Group, Inc.	−1,560,382	3,536,810	$53,193,622
DHC	Diversified Healthcare Trust	−1,292,356	1,035,047	$9,625,937
WULF	Terawulf Inc.	−834,800	414,001	$10,225,824
GEO	Geo Group Inc	−695,293	760,097	$22,460,866
CPNG	Coupang, Inc.	−501,000	645,600	$11,214,072
BKD	Brookdale Senior Living Inc.	−500,742	3,075,883	$49,490,957
FLEX	Flex Ltd.	−423,000	568,497	$92,136,308
PRMB	Primo Brands Corp	−311,484	2,403,408	$58,739,291
Z	Zillow Group, Inc.	−210,000	651,580	$20,537,801
SMTC	Semtech Corp	−163,838	221,162	$35,795,069
FTRE	Fortrea Holdings Inc.	−151,193	2,106,131	$36,646,679
MCY	Mercury General Corp	−137,141	55,865	$5,956,326
UTI	Universal Technical Institute Inc	−131,550	78,565	$3,360,225
OPLN	OPENLANE, Inc.	−121,515	1,124,348	$46,368,111
MKSI	Mks Inc	−110,500	138,740	$61,711,552
GOOGL	Alphabet Inc.	−93,000	192,000	$68,615,040
AMZN	Amazon Com Inc	−46,400	324,570	$77,358,013
TIGO	Millicom International Cellular SA	−42,983	143,047	$12,982,945
WDC	Western Digital Corp	−35,000	40,027	$25,566,045
IREN	IREN Ltd	−9,500	214,350	$9,802,225
CRL	Charles River Laboratories International, Inc.	−3,600	41,200	$9,343,748
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
GLAS	Glass House Brands Inc.	5,182,030	$67,366,390
VSTS	Vestis Corp	3,037,983	$44,111,513
META	Meta Platforms, Inc.	71,000	$39,993,590
NOK	Nokia Corp	3,000,000	$39,840,000
RKT	Rocket Companies, Inc.	2,000,000	$31,500,000
ELAN	Elanco Animal Health Inc	1,015,000	$24,979,150
CHWY	Chewy, Inc.	1,115,000	$21,909,750
SXT	Sensient Technologies Corp	175,695	$21,661,436
ROKU	Roku, Inc	131,500	$18,165,410
P	Everpure, Inc.	230,000	$18,121,700
BKNG	Booking Holdings Inc.	58,000	$10,337,920
VGNT	Versigent PLC	226,798	$9,527,783
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
BDX	Becton Dickinson & Co	230,000	$36,162,900
KEX	Kirby Corp	212,510	$28,238,328
NVDA	Nvidia Corp	130,000	$22,672,000
TFX	Teleflex Inc	129,400	$15,477,534
TSEM	Tower Semiconductor Ltd	86,540	$15,186,039
FPS	Forgent Power Solutions, Inc.	518,024	$15,162,562
CVS	CVS HEALTH Corp	176,500	$12,676,230
ENOV	Enovis CORP	520,592	$11,843,468
OPCH	Option Care Health, Inc.	423,554	$11,402,073
HUT	Hut 8 Corp.	240,250	$11,270,127
AZTA	Azenta, Inc.	327,893	$6,928,379
LAD	Lithia Motors Inc	25,468	$6,359,868
RYAM	Rayonier Advanced Materials Inc.	442,000	$4,892,940
SYM	Symbotic Inc.	25,000	$1,330,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

46 tracked positions · $1,467,684,902 total · filing declares 47 positions · $1,467,684,915 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
FLEX	Flex Ltd. Technology	Reduced	568,497	-423,000	$92,136,308	+42.0%	16	$37.56	6.28%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	324,570	-46,400	$77,358,013	+0.1%	11	$191.49	5.27%
HQY	Healthequity, Inc. Healthcare	Added	776,651	+153,495	$70,147,118	+34.7%	2	$82.59	4.78%
GOOGL	Alphabet Inc. Communication Services	Reduced	192,000	-93,000	$68,615,040	−16.3%	5	$198.62	4.68%
GLAS	Glass House Brands Inc. Healthcare	NEW	5,182,030	NEW	$67,366,390	NEW	1	$10.44	4.59%
MKSI	Mks Inc Technology	Reduced	138,740	-110,500	$61,711,552	+7.7%	4	$139.35	4.20%
ENVA	Enova International, Inc. Financial Services	Added	249,213	+2,950	$59,993,045	+79.4%	6	$113.76	4.09%
PRMB	Primo Brands Corp Consumer Defensive	Reduced	2,403,408	-311,484	$58,739,291	+14.9%	4	$22.34	4.00%
PRCH	Porch Group, Inc. Financial Services	Reduced	3,536,810	-1,560,382	$53,193,622	+45.5%	5	$10.87	3.62%
BKD	Brookdale Senior Living Inc. Healthcare	Reduced	3,075,883	-500,742	$49,490,957	+1.2%	3	$13.17	3.37%
OPLN	OPENLANE, Inc. Consumer Cyclical	Reduced	1,124,348	-121,515	$46,368,111	+27.7%	2	$28.87	3.16%
TOST	Toast, Inc. Technology	Added	1,642,010	+899,885	$45,680,718	+132.2%	17	$28.45	3.11%
VSTS	Vestis Corp Industrials	NEW	3,037,983	NEW	$44,111,513	NEW	1	$11.16	3.01%
CCOI	Cogent Communications Holdings, Inc. Communication Services	Added	3,106,339	+1,171,138	$43,115,985	+18.3%	3	$24.07	2.94%
MGNI	Magnite, Inc. CALL + SHARES Communication Services	Added	2,250,000	+1,651,620	$42,705,000	+500.7%	2	$14.05	2.91%
CNK	Cinemark Holdings, Inc. Communication Services	Reduced	1,282,904	-241,195	$40,706,543	−6.4%	9	$25.38	2.77%
META	Meta Platforms, Inc. Communication Services	NEW	71,000	NEW	$39,993,590	NEW	1	$611.48	2.72%
NOK	Nokia Corp Technology	NEW	3,000,000	NEW	$39,840,000	NEW	1	$12.87	2.71%
FTRE	Fortrea Holdings Inc. Healthcare	Reduced	2,106,131	-151,193	$36,646,679	+72.3%	4	$8.16	2.50%
SMTC	Semtech Corp Technology	Reduced	221,162	-163,838	$35,795,069	+20.9%	2	$82.24	2.44%
SNPS	Synopsys Inc Technology	Added	70,900	+7,000	$31,626,363	+24.8%	3	$448.67	2.15%
RKT	Rocket Companies, Inc. Financial Services	NEW	2,000,000	NEW	$31,500,000	NEW	1	$14.42	2.15%
CXW	CoreCivic, Inc. Industrials	Added	898,947	+782,453	$27,310,009	+1139.7%	2	$22.17	1.86%
WDC	Western Digital Corp Technology	Reduced	40,027	-35,000	$25,566,045	+26.0%	7	$66.51	1.74%
ELAN	Elanco Animal Health Inc Healthcare	NEW	1,015,000	NEW	$24,979,150	NEW	1	$23.12	1.70%
GEO	Geo Group Inc Industrials	Reduced	760,097	-695,293	$22,460,866	−8.2%	2	$15.88	1.53%
CHWY	Chewy, Inc. Consumer Cyclical	NEW	1,115,000	NEW	$21,909,750	NEW	1	$22.70	1.49%
SXT	Sensient Technologies Corp Basic Materials	NEW	175,695	NEW	$21,661,436	NEW	1	$111.26	1.48%
Z	Zillow Group, Inc. Communication Services	Reduced	651,580	-710,000	$20,537,801	−63.5%	10	$61.09	1.40%
CRH	Crh Public Ltd Co Basic Materials	Added	190,000	+30,000	$20,330,000	+20.9%	9	$85.28	1.39%
ROKU	Roku, Inc Communication Services	NEW	131,500	NEW	$18,165,410	NEW	1	$121.99	1.24%
P	Everpure, Inc. Technology	NEW	230,000	NEW	$18,121,700	NEW	1	$73.28	1.23%
MAMA	Mama's Creations, Inc. Consumer Defensive	Held	800,000	0	$14,280,000	+16.4%	4	$9.07	0.97%
TIGO	Millicom International Cellular SA Communication Services	Reduced	143,047	-42,983	$12,982,945	−6.9%	7	$27.33	0.88%
CPNG	Coupang, Inc. Consumer Cyclical	Reduced	645,600	-501,000	$11,214,072	−48.2%	5	$26.40	0.76%
BKNG	Booking Holdings Inc. Consumer Cyclical	NEW	58,000	NEW	$10,337,920	NEW	1	unpriced	0.70%
WULF	Terawulf Inc. Financial Services	Reduced	414,001	-834,800	$10,225,824	−43.3%	4	$11.06	0.70%
IREN	IREN Ltd Financial Services	Reduced	214,350	-9,500	$9,802,225	+27.7%	4	$27.92	0.67%
DHC	Diversified Healthcare Trust Real Estate	Reduced	1,035,047	-1,292,356	$9,625,937	−37.7%	6	$3.43	0.66%
VGNT	Versigent PLC Consumer Cyclical	NEW	226,798	NEW	$9,527,783	NEW	1	$39.85	0.65%
CRL	Charles River Laboratories International, Inc. Healthcare	Reduced	41,200	-3,600	$9,343,748	+20.9%	2	$185.41	0.64%
MCY	Mercury General Corp Financial Services	Reduced	55,865	-137,141	$5,956,326	−65.0%	4	$75.63	0.41%
UTI	Universal Technical Institute Inc Consumer Defensive	Reduced	78,565	-131,550	$3,360,225	−55.7%	26+	before history	0.23%
OIM	OneIM Acquisition Corp. Financial Services	Held	300,000	0	$3,021,000	+1.1%	2	unpriced	0.21%
SPWRW	SunPower Inc. Technology	Held	600,105	0	$82,574	−45.0%	12	unpriced	0.01%
OIMAW	OneIM Acquisition Corp. Financial Services	Held	49,999	0	$41,249	+13.8%	2	unpriced	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.