Managers / Q1 2026
ADW Capital Management, LLC
CIK 0001745214 · 6431 ALLISON ROAD, MIAMI BEACH, FL, 33141 · 646-684-4086
Summary
Adw Capital Management, LLC reported $257M in U.S.-listed holdings across 11 positions for Q1 2026.
The portfolio is heavily concentrated: APG alone accounts for 23.3% of reported value.
Compared with Q4 2025, the fund opened 4 new positions and exited 1.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 100.0% · $257M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DRVNDRIVEN BRANDS HLDGS INC | NEW | +4.00M | 4.00M | +$50M | $50M |
| CODICOMPASS DIVERSIFIED | NEW | +5.50M | 5.50M | +$43M | $43M |
| STGWSTAGWELL INC | NEW | +6.00M | 6.00M | +$38M | $38M |
| KELYAKELLY SVCS INC | NEW | +30.0K | 30.0K | +$265,500 | $265,500 |
| PARPAR TECHNOLOGY CORP | ADDED | +615.6K | 1.21M | −$6M | $16M |
| SCHLSCHOLASTIC CORP | SOLD OUT | −34.0K | 0 | −$1M | $0 |
| T0VTIC SOLUTIONS INC | HELD | +3.8K | 1.10M | −$4M | $7M |
| APGAPI GROUP CORP | HELD | +0 | 1.48M | +$3M | $60M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | APGAPI GROUP CORPhistory → | COM STK | 23.34% | $60M | 1.48M |
| 2 | DRVNDRIVEN BRANDS HLDGS INChistory → | COM | 19.60% | $50M | 4.00M |
| 3 | GFLGFL ENVIRONMENTAL INChistory → | SUB VTG SHS | 16.38% | $42M | 1.01M |
| 4 | STGWSTAGWELL INChistory → | COM CL A | 12.22% | $31M | 5.00M |
| 5 | CODICOMPASS DIVERSIFIEDhistory → | SH BEN INT | 11.46% | $29M | 3.75M |
| 6 | PARPAR TECHNOLOGY CORPhistory → | COM | 3.09% | $8M | 597.2K |
| 7 | T0VTIC SOLUTIONS INChistory → | COM | 2.82% | $7M | 1.10M |
| 8 | KELYAKELLY SVCS INC | CL A | 0.10% | $265,500 | 30.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $257M | 11 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $134M | 5 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $175M | 7 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $366M | 7 | Aug 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $308M | 6 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $325M | 5 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $317M | 6 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $464M | 6 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $501M | 6 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $446M | 6 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $372M | 7 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $392M | 8 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $340M | 7 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $270M | 8 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $212M | 8 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $212M | 8 | Aug 12, 2022 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2022 | $258M | 7 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $328M | 7 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $318M | 8 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $314M | 6 | Aug 16, 2021 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2021 | $314M | 6 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $282M | 6 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $172M | 4 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $104M | 4 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $3M | 2 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $62M | 3 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $92M | 3 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $144M | 4 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $208M | 4 | Apr 23, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $215M | 5 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.