JW Asset Management, LLC

MIAMI BEACH, FL · CIK 1549738 · 13F filing filed 2026-08-07

SEC-registered investment adviser since 2013 · limited liability company

Assets managed$476.9m
Staff6 · 3 in investment roles
Main clients (by assets)Private funds 100%
Private funds4 (4 hedge) · $476.9m gross assets
Websitejwfunds.com
Form ADV · 2026-03-20SEC adviser record

$319.9m reported value +31.4% vs Q1 2026

21positions

95.6%in top 10

5 new 2 added 6 reduced 3 sold out vs Q1 2026

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	ESTABLISHMENT LABS HLDGS INC COM ESTA	ESTA	2,692,856	$231.1m72.24%	72.24%	Reduced -368.8k	-368,838 -12.1%
2	SANDISK CORP COM SNDK	SNDK	7,810	$17.8m5.55%	5.55%	Added +1.3k	+1,310 20.1%
3	VITA COCO CO INC COM COCO	COCO	218,621	$14.5m4.52%	4.52%	Unchanged
4	CATALYST PHARMACEUTICALS INC COM CPRX	CPRX	388,392	$12.2m3.82%	3.82%	Unchanged
5	MICRON TECHNOLOGY INC COM MU	MU	7,000	$8.1m2.53%	2.53%	Unchanged
6	IREN LIMITED ORDINARY SHARES IREN	IREN	144,650	$6.6m2.07%	2.07%	Reduced -20.0k	-20,000 -12.2%
7	IDAHO STRATEGIC RESOURCES COM NEW IDR	IDR	141,197	$4.6m1.45%	1.45%	Reduced -2.0k	-2,000 -1.4%
8	RALPH LAUREN CORP CL A RL	RL	10,000	$4.0m1.25%	1.25%	Unchanged
9	CAVA GROUP INC COM CAVA	CAVA	50,000	$3.9m1.23%	1.23%	Unchanged
10	NVIDIA CORPORATION COM NVDA	NVDA	15,250	$3.1m0.95%	0.95%	Unchanged
11	ON HLDG AG NAMEN AKT A ONON	ONON	72,950	$2.6m0.81%	0.81%	Reduced -10.0k	-10,000 -12.1%
12	FIVE BELOW INC COM FIVE	FIVE	10,000	$1.8m0.56%	0.56%	Unchanged
13	TRAVERE THERAPEUTICS INC COM TVTX	TVTX	30,000	$1.7m0.53%	0.53%	New
14	HERON THERAPEUTICS INC COM HRTX	HRTX	3,751,073	$1.6m0.50%	0.50%	Unchanged
15	DELL TECHNOLOGIES INC CL C DELL	DELL	3,500	$1.5m0.47%	0.47%	New
16	LIGAND PHARMACEUTICALS INC COM NEW LGND	LGND	4,000	$1.3m0.40%	0.40%	New
17	MARVELL TECHNOLOGY INC COM MRVL	MRVL	3,200	$953.2k0.30%	0.30%	New
18	TRULIEVE CANNABIS CORP SUB VTG SHS SUB VTG SHS		83,869	$824.4k0.26%	0.26%	New
19	LIQUIDIA CORPORATION COM NEW LQDA	LQDA	10,176	$811.3k0.25%	0.25%	Reduced -6.0k	-6,000 -37.1%
20	ADVISORSHARES TR PURE US CANNABIS MSOS	MSOS	155,000	$787.4k0.25%	0.25%	Added +75.0k	+75,000 93.8%
21	HIGH TIDE INC COM NEW HITI	HITI	96,643	$220.3k0.07%	0.07%	Reduced -5.5k	-5,501 -5.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ALPHABET INC GOOG	GOOG	27,539	$7.9m27.5k shares
META PLATFORMS INC META	META	8,700	$5.0m8.7k shares
INVESCO QQQ TR QQQ	QQQ	1,000	$577.2k1.0k shares

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
TERRASCEND CORP F TSNDF · 13D · filed 2025-08-27	TSNDF	29.5%	-4.2 pts	13D	2025-08-27
ESTABLISHMENT LABS HLDGS INC ESTA · 13G · filed 2026-07-31	ESTA	9.2%≈ $231.1m	new	13G	2026-07-31

Trades reported as a company insider since 1 Apr 2026

Owning 10% or more of a company, or having someone on its board, makes this manager an insider there: it reports its trades in that company's shares on Form 4 within two business days. Open-market and private purchases and sales only.

Date	Company	Ticker	Trade	Shares	Value	Their holding
2026-05-28	ESTABLISHMENT LABS HLDGS INC See footnote 3 · See Footnotes	ESTA	Sold	65,100	$4.7m65.1k shares	-2%
2026-05-27	ESTABLISHMENT LABS HLDGS INC See footnote 3 · See Footnotes	ESTA	Sold	113	$8.2k113 shares	-<1%
2026-05-26	ESTABLISHMENT LABS HLDGS INC See footnote 3 · See Footnotes	ESTA	Sold	25,320	$1.9m25.3k shares	-1%
2026-05-21	ESTABLISHMENT LABS HLDGS INC 10% owner · See Footnotes	ESTA	Sold	16,999	$1.2m17.0k shares	-1%
2026-05-20	ESTABLISHMENT LABS HLDGS INC 10% owner · See Footnotes	ESTA	Sold	3,580	$252.6k3.6k shares	-<1%
2026-05-06	ESTABLISHMENT LABS HLDGS INC 10% owner · See Footnotes	ESTA	Sold	60,000	$4.5m60.0k shares	-2%