Park West Asset Management LLC
CIK:0001386928
Hedge Fund
$3B AUM
44 holdings
Mill Valley, CA, United States
Park West Asset Management LLC is a hedge fund based in Mill Valley, California. Founded in 2002, it specializes in investment management for institutional and high-net-worth clients. The firm manages approximately $2.5 billion in assets and employs 19 people. Park West typically serves sophisticated investors seeking opportunistic strategies in public equities.
Investment Strategy
Park West Asset Management LLC pursues a long/short equity strategy, focusing on public markets. The firm makes opportunistic investments across various sectors with an emphasis on deep fundamental research and risk management. Their approach combines thorough valuation analysis and seeks asymmetric risk-return across both growth and value stocks.
Top Buys
F
FIFISERV INC+$55.2M
F
FLUTFLUTTER ENTMT PLC+$42.9M
C
CPNGCOUPANG INC+$36.4M
G
GOOGLALPHABET INC+$30.0M
P
PRCHPORCH GROUP INC+$22.7M
Top Sells
K
KKS.FKASPI KZ JSC-$23.7M
T
TNDMTANDEM DIABETES CARE INC-$21.5M
G
GPIGROUP 1 AUTOMOTIVE INC-$20.9M
A
ACVAACV AUCTIONS INC-$19.2M
D
DALDELTA AIR LINES INC DEL-$18.9M
Top Holdings
K
KEXKIRBY CORP+6.4%$85.1M
Z
ZZILLOW GROUP INC+4.2%$56.0M
F
FIFISERV INC+4.2%$55.2M
A
AMZNAMAZON COM INC+4.2%$55.1M
T
TIGOMILLICOM INTL CELLULAR S A+3.9%$51.6M
Equity Positions (39)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
K KEX | KIRBY CORP | 6.43% | $85.1M | 750,000 | $89.27 | $113.41 | +$6.7M |
Z Z | ZILLOW GROUP INC | 4.24% | $56.0M | 800,000 | $54.67 | $70.05 | -$8.9M |
F FI | FISERV INC | 4.17% | $55.2M | 320,000 | $172.41 | $172.41 | +$55.2M |
A AMZN | AMAZON COM INC | 4.16% | $55.1M | 250,970 | $180.46 | $219.39 | +$9.9M |
T TIGO | MILLICOM INTL CELLULAR S A | 3.90% | $51.6M | 1,377,477 | $29.41 | $37.47 | +$5.9M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
C CNK | CINEMARK HLDGS INC | Bought | Call | $9.1M | 3,000 | $30.18 | $30.18 | +3,000 | +$9.1M |
P PRCH | PORCH GROUP INC | New | Call | $1.8M | 1,500 | $11.79 | $11.79 | +1,500 | +$1.8M |
Industry Allocation
SERVICES-BUSINESS SERVICES, NEC
+15.6%
WATER TRANSPORTATION
+9.0%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+8.3%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+6.9%
SERVICES-PREPACKAGED SOFTWARE
+5.2%