Park West Asset Management LLC

Q4 2025 13F-HR Holdings

Location
San Francisco, CA
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
48
Total value ($000)
$1,204,182
Net value change ($000)
+17,335 (1.5%)
New positions
11
Sold out positions
7
Turnover %
22.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
TTMI 37,479 NEW
GOOGL 37,246 51.1%
MKSI 37,097 499.6%
CCOI 30,380 NEW
BDX 27,170 NEW
SNPS 22,030 NEW
FTRE 16,579 89.2%
GTM 15,807 79.9%
LAD 14,273 75.3%
NVDA 12,123 NEW
Top Reduces (Value $000, Stocks/ETFs)
FLUT -33,356 -46.1%
LAWIL -31,073 -100.0%
WDC -27,010 -58.4%
IREN -24,982 -78.2%
META -22,031 -100.0%
CPAY -19,041 -100.0%
TBPH -15,352 -81.9%
PRMB -14,922 -42.2%
FIS -13,742 -100.0%
PHR -12,460 -58.5%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 16,617 (1.4% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type