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Hedge fund

Park West Asset Management LLC

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1386928

Reported value
$1.5bn
96% in companies we cover
Positions we cover
41
Largest FLEX 6.3%
Copy, a year
+12.2%
S&P 500 +14.1%
Copy Sharpe ratio
0.50
S&P 500 0.78

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$45.6k
CopyS&P 500 $10,000 copying Park West Asset Management LLC's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −51.1% (S&P 500 −31.8%); beta 1.34; alpha −3.8% a year (t = −0.95); last 12 months +6.6% against +12.1%.

Reported value by quarter

Park West Asset Management LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $500B $1T Reported value, 2013-06-30: $761.4M Reported value, 2013-09-30: $647.8M Reported value, 2013-12-31: $764.6M Reported value, 2014-03-31: $834M Reported value, 2014-06-30: $765.5M Reported value, 2014-09-30: $671.3M Reported value, 2014-12-31: $614.2M Reported value, 2015-03-31: $659.4M Reported value, 2015-06-30: $1B Reported value, 2015-09-30: $1.1B Reported value, 2015-12-31: $900.2M Reported value, 2016-03-31: $1B Reported value, 2016-06-30: $957.8M Reported value, 2016-09-30: $1.1B Reported value, 2016-12-31: $1.2B Reported value, 2017-03-31: $1.7B Reported value, 2017-06-30: $1.8B Reported value, 2017-09-30: $1.6B Reported value, 2017-12-31: $2.1B Reported value, 2018-03-31: $2.1B Reported value, 2018-06-30: $2.3B Reported value, 2018-09-30: $2.3B Reported value, 2018-12-31: $1.8B Reported value, 2019-03-31: $2.1B Reported value, 2019-06-30: $2.3B Reported value, 2019-09-30: $1.9B Reported value, 2019-12-31: $2.1B Reported value, 2020-03-31: $1.4B Reported value, 2020-06-30: $1.9B Reported value, 2020-09-30: $2.5B Reported value, 2020-12-31: $3B Reported value, 2021-03-31: $3B Reported value, 2021-06-30: $3.4B Reported value, 2021-09-30: $3.5B Reported value, 2021-12-31: $3.4B Reported value, 2022-03-31: $2.8B Reported value, 2022-06-30: $1.6B Reported value, 2022-09-30: $1.2B Reported value, 2022-12-31: $997.4B Reported value, 2023-03-31: $1.1B Reported value, 2023-06-30: $1.1B Reported value, 2023-09-30: $1.1B Reported value, 2023-12-31: $1B Reported value, 2024-03-31: $1.3B Reported value, 2024-06-30: $1.3B Reported value, 2024-09-30: $1.4B Reported value, 2024-12-31: $1.2B Reported value, 2025-03-31: $1.2B Reported value, 2025-06-30: $1.3B Reported value, 2025-09-30: $1.1B Reported value, 2025-12-31: $1.2B Reported value, 2026-03-31: $1.1B Reported value, 2026-06-30: $1.5B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $1.5B
View chart data
Period Reported value
2013-06-30 $761.4M
2013-09-30 $647.8M
2013-12-31 $764.6M
2014-03-31 $834M
2014-06-30 $765.5M
2014-09-30 $671.3M
2014-12-31 $614.2M
2015-03-31 $659.4M
2015-06-30 $1B
2015-09-30 $1.1B
2015-12-31 $900.2M
2016-03-31 $1B
2016-06-30 $957.8M
2016-09-30 $1.1B
2016-12-31 $1.2B
2017-03-31 $1.7B
2017-06-30 $1.8B
2017-09-30 $1.6B
2017-12-31 $2.1B
2018-03-31 $2.1B
2018-06-30 $2.3B
2018-09-30 $2.3B
2018-12-31 $1.8B
2019-03-31 $2.1B
2019-06-30 $2.3B
2019-09-30 $1.9B
2019-12-31 $2.1B
2020-03-31 $1.4B
2020-06-30 $1.9B
2020-09-30 $2.5B
2020-12-31 $3B
2021-03-31 $3B
2021-06-30 $3.4B
2021-09-30 $3.5B
2021-12-31 $3.4B
2022-03-31 $2.8B
2022-06-30 $1.6B
2022-09-30 $1.2B
2022-12-31 $997.4B
2023-03-31 $1.1B
2023-06-30 $1.1B
2023-09-30 $1.1B
2023-12-31 $1B
2024-03-31 $1.3B
2024-06-30 $1.3B
2024-09-30 $1.4B
2024-12-31 $1.2B
2025-03-31 $1.2B
2025-06-30 $1.3B
2025-09-30 $1.1B
2025-12-31 $1.2B
2026-03-31 $1.1B
2026-06-30 $1.5B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
FLEXFlex Ltd.6.30%$92.1m568.5K−42.7% Reduced
AMZNAmazon5.29%$77.4m324.6K−12.5% Reduced
HQYHealthequity, Inc.4.79%$70.1m776.7K+24.6% Added
GOOGLAlphabet Inc. (Class A)4.69%$68.6m192.0K−32.6% Reduced
GLASGlass House Brands Inc.4.61%$67.4m5.18MNew
MKSIMKS Inc4.22%$61.7m138.7K−44.3% Reduced
ENVAEnova International, Inc.4.10%$60.0m249.2K+1.2% Added
PRMBPrimo Brands Corp4.01%$58.7m2.40M−11.5% Reduced
PRCHPorch Group, Inc.3.64%$53.2m3.54M−30.6% Reduced
BKDBrookdale Senior Living Inc.3.38%$49.5m3.08M−14.0% Reduced
OPLNOpenlane, Inc.3.17%$46.4m1.12M−9.8% Reduced
TOSTToast, Inc.3.12%$45.7m1.64M+121.3% Added
VSTSVestis Corp3.02%$44.1m3.04MNew
CCOICogent Communications Holdings, Inc.2.95%$43.1m3.11M+60.5% Added
CNKCinemark Holdings, Inc.2.78%$40.7m1.28M+25.3% Added
METAMeta Platforms2.73%$40.0m71.0KNew
MGNIMagnite, Inc.2.60%$38.0m2.00M+234.2% Added
FTREFortrea Holdings Inc.2.50%$36.6m2.11M−6.7% Reduced
SMTCSemtech Corp2.45%$35.8m221.2K−42.6% Reduced
SNPSSynopsys Inc2.16%$31.6m70.9K+11.0% Added
RKTRocket Companies, Inc.2.15%$31.5m2.00MNew
CXWCorecivic, Inc.1.87%$27.3m898.9K+671.7% Added
WDCWestern Digital1.75%$25.6m40.0K−46.6% Reduced
ELANElanco Animal Health Inc1.71%$25.0m1.01MNew
GEOGEO Group Inc1.53%$22.5m760.1K−47.8% Reduced
CHWYChewy, Inc.1.50%$21.9m1.11MNew
SXTSensient Technologies Corp1.48%$21.7m175.7KNew
ZZillow Group, Inc.1.40%$20.5m651.6K−24.4% Reduced
CRHCRH plc1.39%$20.3m190.0K+18.8% Added
ROKURoku, Inc1.24%$18.2m131.5KNew
PEverpure1.24%$18.1m230.0KNew
MAMAMama's Creations, Inc.0.98%$14.3m800.0K0.0%
TIGOMillicom International Cellular SA0.89%$13.0m143.0KNew
CPNGCoupang, Inc.0.77%$11.2m645.6K−43.7% Reduced
BKNGBooking Holdings0.71%$10.3m58.0KNew
WULFTerawulf Inc.0.70%$10.2m414.0K−66.8% Reduced
DHCDiversified Healthcare Trust0.66%$9.6m1.04M−55.5% Reduced
VGNTVersigent PLC0.65%$9.5m226.8KNew
CRLCharles River Laboratories0.64%$9.3m41.2K−8.0% Reduced
MCYMercury General Corp0.41%$6.0m55.9K−71.1% Reduced
UTIUniversal Technical Institute Inc0.23%$3.4m78.6K−62.6% Reduced
CompanyBought (value)Shares
GLASGlass House Brands Inc.$67.4m5.18M
VSTSVestis Corp$44.1m3.04M
METAMeta Platforms$40.0m71.0K
RKTRocket Companies, Inc.$31.5m2.00M
MGNIMagnite, Inc.$26.6m1.40M
TOSTToast, Inc.$25.0m899.9K
ELANElanco Animal Health Inc$25.0m1.01M
CXWCorecivic, Inc.$23.8m782.5K
CHWYChewy, Inc.$21.9m1.11M
SXTSensient Technologies Corp$21.7m175.7K
ROKURoku, Inc$18.2m131.5K
PEverpure$18.1m230.0K
CCOICogent Communications Holdings, Inc.$16.3m1.17M
HQYHealthequity, Inc.$13.9m153.5K
TIGOMillicom International Cellular SA$13.0m143.0K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
FLEXFlex Ltd.−$68.6m−423.0K
MKSIMKS Inc−$49.2m−110.5K
BDXBecton Dickinson−$36.2m−230.0K
GOOGLAlphabet Inc. (Class A)−$33.2m−93.0K
KEXKirby Corp−$28.2m−212.5K
SMTCSemtech Corp−$26.5m−163.8K
PRCHPorch Group, Inc.−$23.5m−1.56M
NVDANVIDIA Corporation−$22.7m−130.0K
WDCWestern Digital−$22.4m−35.0K
WULFTerawulf Inc.−$20.6m−834.8K
GEOGEO Group Inc−$20.5m−695.3K
TFXTeleflex Inc−$15.5m−129.4K
FPSForgent Power Solutions, Inc.−$15.2m−518.0K
MCYMercury General Corp−$14.6m−137.1K
CVSCVS Health−$12.7m−176.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
BDXBecton Dickinson$36.2m230.0K
KEXKirby Corp$28.2m212.5K
NVDANVIDIA Corporation$22.7m130.0K
TFXTeleflex Inc$15.5m129.4K
FPSForgent Power Solutions, Inc.$15.2m518.0K
CVSCVS Health$12.7m176.5K
ENOVEnovis Corp$11.8m520.6K
OPCHOption Care Health, Inc.$11.4m423.6K
HUTHut 8 Corp.$11.3m240.3K
AZTAAzenta, Inc.$6.9m327.9K
LADLithia Motors Inc$6.4m25.5K
RYAMRayonier Advanced Materials Inc.$4.9m442.0K
SYMSymbotic Inc.$1.3m25.0K
  • Technology22.8%
  • Communication Services18.5%
  • Health Care13.5%
  • Financials10.7%
  • Consumer Staples10.0%
  • Industrials9.9%
  • Consumer Discretionary9.5%
  • Materials3.0%
  • Real Estate2.1%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 2, 2026+12.2%+14.1%0.500.78−51.1%1.34
2018 onwardsJanuary 5, 2018 to November 2, 2026+9.8%+13.9%0.370.66−51.1%1.36
Last three yearsNovember 3, 2023 to November 2, 2026+20.1%+21.8%0.791.16−21.7%1.15
Last yearNovember 7, 2025 to November 2, 2026+6.8%+14.2%0.230.84−16.1%1.31

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.