Park West Asset Management LLC

SAN FRANCISCO, CA · CIK 1386928 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$2.9bn
Staff20 · 13 in investment roles
Main clients (by assets)Private funds 100%
Private funds3 (2 hedge) · $2.9bn gross assets
Websiteparkwestllc.com
Form ADV · 2026-08-14SEC adviser record

Legal entityPARK WEST ASSET MANAGEMENT LLC (US)

$1.5bn reported value +29.2% vs Q1 2026

46positions

45.0%in top 10

12 new 9 added 21 reduced 14 sold out vs Q1 2026

Options: 1 call positions ($4.7m notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	FLEX LTD ORD FLEX	FLEX	568,497	$92.1m6.30%	6.30%	Reduced -423.0k	-423,000 -42.7%
2	AMAZON COM INC COM AMZN	AMZN	324,570	$77.4m5.29%	5.29%	Reduced -46.4k	-46,400 -12.5%
3	HEALTHEQUITY INC COM HQY	HQY	776,651	$70.1m4.79%	4.79%	Added +153.5k	+153,495 24.6%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	192,000	$68.6m4.69%	4.69%	Reduced -93.0k	-93,000 -32.6%
5	GLASS HOUSE BRANDS INC SUB REG LTD VTG GLAS	GLAS	5,182,030	$67.4m4.60%	4.60%	New
6	MKS INC. COM MKSI	MKSI	138,740	$61.7m4.22%	4.22%	Reduced -110.5k	-110,500 -44.3%
7	ENOVA INTL INC COM ENVA	ENVA	249,213	$60.0m4.10%	4.10%	Added +3.0k	+2,950 1.2%
8	PRIMO BRANDS CORPORATION CLASS A COM SHS PRMB	PRMB	2,403,408	$58.7m4.02%	4.02%	Reduced -311.5k	-311,484 -11.5%
9	PORCH GROUP INC COM PRCH	PRCH	3,536,810	$53.2m3.64%	3.64%	Reduced -1.6m	-1,560,382 -30.6%
10	BROOKDALE SR LIVING INC COM BKD	BKD	3,075,883	$49.5m3.38%	3.38%	Reduced -500.7k	-500,742 -14.0%
11	OPENLANE INC COM OPLN	OPLN	1,124,348	$46.4m3.17%	3.17%	Reduced -121.5k	-121,515 -9.8%
12	TOAST INC CL A TOST	TOST	1,642,010	$45.7m3.12%	3.12%	Added +899.9k	+899,885 121.3%
13	VESTIS CORPORATION COM SHS VSTS	VSTS	3,037,983	$44.1m3.02%	3.02%	New
14	COGENT COMMUNICATIONS HLDGS COM NEW CCOI	CCOI	3,106,339	$43.1m2.95%	2.95%	Added +1.2m	+1,171,138 60.5%
15	CINEMARK HLDGS INC COM CNK	CNK	1,282,904	$40.7m2.78%	2.78%	Added +258.8k	+258,805 25.3%
16	META PLATFORMS INC CL A META	META	71,000	$40.0m2.73%	2.73%	New
17	NOKIA CORP SPONSORED ADR NOK	NOK	3,000,000	$39.8m2.72%	2.72%	New
18	MAGNITE INC COM MGNI	MGNI	2,000,000	$38.0m2.59%	2.59%	Added +1.4m	+1,401,620 234.2%
19	FORTREA HLDGS INC COMMON STOCK FTRE	FTRE	2,106,131	$36.6m2.51%	2.51%	Reduced -151.2k	-151,193 -6.7%
20	SEMTECH CORP COM SMTC	SMTC	221,162	$35.8m2.45%	2.45%	Reduced -163.8k	-163,838 -42.6%
21	SYNOPSYS INC COM SNPS	SNPS	70,900	$31.6m2.16%	2.16%	Added +7.0k	+7,000 10.9%
22	ROCKET COS INC COM CL A RKT	RKT	2,000,000	$31.5m2.15%	2.15%	New
23	CORECIVIC INC COM CXW	CXW	898,947	$27.3m1.87%	1.87%	Added +782.5k	+782,453 671.7%
24	WESTERN DIGITAL CORP COM WDC	WDC	40,027	$25.6m1.75%	1.75%	Reduced -35.0k	-35,000 -46.6%
25	ELANCO ANIMAL HEALTH INC COM ELAN	ELAN	1,015,000	$25.0m1.71%	1.71%	New
26	GEO GROUP INC NEW COM GEO	GEO	760,097	$22.5m1.54%	1.54%	Reduced -695.3k	-695,293 -47.8%
27	CHEWY INC CL A CHWY	CHWY	1,115,000	$21.9m1.50%	1.50%	New
28	SENSIENT TECHNOLOGIES CORP COM SXT	SXT	175,695	$21.7m1.48%	1.48%	New
29	ZILLOW GROUP INC CL C CAP STK Z	Z	651,580	$20.5m1.40%	1.40%	Reduced -210.0k	-210,000 -24.4%
30	CRH PLC ORD CRH	CRH	190,000	$20.3m1.39%	1.39%	Added +30.0k	+30,000 18.8%
31	ROKU INC COM CL A ROKU	ROKU	131,500	$18.2m1.24%	1.24%	New
32	PURE STORAGE INC CL A P	P	230,000	$18.1m1.24%	1.24%	New
33	MAMAS CREATIONS INC COM MAMA	MAMA	800,000	$14.3m0.98%	0.98%	Unchanged
34	MILLICOM INTL CELLULAR S A COM STK TIGO	TIGO	143,047	$13.0m0.89%	0.89%	Reduced -43.0k	-42,983 -23.1%
35	COUPANG INC CL A CPNG	CPNG	645,600	$11.2m0.77%	0.77%	Reduced -501.0k	-501,000 -43.7%
36	BOOKING HOLDINGS INC COM BKNG	BKNG	58,000	$10.3m0.71%	0.71%	New
37	TERAWULF INC COM WULF	WULF	414,001	$10.2m0.70%	0.70%	Reduced -834.8k	-834,800 -66.8%
38	IREN LIMITED ORDINARY SHARES IREN	IREN	214,350	$9.8m0.67%	0.67%	Reduced -9.5k	-9,500 -4.2%
39	DIVERSIFIED HEALTHCARE TR COM SH BEN INT DHC	DHC	1,035,047	$9.6m0.66%	0.66%	Reduced -1.3m	-1,292,356 -55.5%
40	VERSIGENT PLC ORDINARY SHARES VGNT	VGNT	226,798	$9.5m0.65%	0.65%	New
41	CHARLES RIV LABS INTL INC COM CRL	CRL	41,200	$9.3m0.64%	0.64%	Reduced -3.6k	-3,600 -8.0%
42	MERCURY GENL CORP NEW COM MCY	MCY	55,865	$6.0m0.41%	0.41%	Reduced -137.1k	-137,141 -71.1%
43	UNIVERSAL TECHNICAL INST INC COM UTI	UTI	78,565	$3.4m0.23%	0.23%	Reduced -131.6k	-131,550 -62.6%
44	ONEIM ACQUISITION CORP ORD SHS CL A OIM	OIM	300,000	$3.0m0.21%	0.21%	Unchanged
45	COMPLETE SOLARIA INC *W EXP 07/31/202 SPWRW	SPWRW	600,105	$82.6k0.01%	0.01%	Unchanged
46	ONEIM ACQUISITION CORP *W EXP 01/07/203 OIMAW	OIMAW	49,999	$41.2k0.00%	0.00%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BECTON DICKINSON & CO BDX	BDX	230,000	$36.2m230.0k shares
KIRBY CORP KEX	KEX	212,510	$28.2m212.5k shares
NVIDIA CORPORATION NVDA	NVDA	130,000	$22.7m130.0k shares
TELEFLEX INCORPORATED TFX	TFX	129,400	$15.5m129.4k shares
TOWER SEMICONDUCTOR LTD TSEM	TSEM	86,540	$15.2m86.5k shares
FORGENT POWER SOLUTIONS INC FPS	FPS	518,024	$15.2m518.0k shares
CVS HEALTH CORP CVS	CVS	176,500	$12.7m176.5k shares
ENOVIS CORPORATION ENOV	ENOV	520,592	$11.8m520.6k shares
OPTION CARE HEALTH INC OPCH	OPCH	423,554	$11.4m423.6k shares
HUT 8 CORP HUT	HUT	240,250	$11.3m240.2k shares
AZENTA INC AZTA	AZTA	327,893	$6.9m327.9k shares
LITHIA MTRS INC LAD	LAD	25,468	$6.4m25.5k shares
RAYONIER ADVANCED MATLS INC RYAM	RYAM	442,000	$4.9m442.0k shares
SYMBOTIC INC SYM	SYM	25,000	$1.3m25.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
MAGNITE INC MGNI · Call	MGNI	Call	250,000	$4.7m250.0k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
GLASS HOUSE BRANDS INC GLAS · 13G · filed 2026-08-14	GLAS	7.5%≈ $78.3m	new	13G	2026-08-14
LAZYDAYS HLDGS INC 13G · filed 2025-05-15		7.4%	-2.6 pts	13G	2025-05-15
COGENT COMMUNICATIONS HLDGS CCOI · 13G · filed 2026-06-17	CCOI	5.6%≈ $39.0m	+0.5 pts	13G	2026-06-17