ACM

ADW Capital Management Portfolio holdings

AUM $308M

AUM

$308M

AUM Growth

-$17.2M (-5%)

Cap. Flow

+$23.1M

Cap. Flow % of AUM

7.48%

Top 10 Holdings %Top 10 Hldgs %

100%

Holding

6

New

1

Increased

1

Reduced

1

Closed

–

Top Buys

1	TIC Acuren Corporation TIC	$22.2M
2	GFL Environmental GFL	$966K

Top Sells

1

RCI Hospitality Holdings

$85.9K

Sector Composition

1	Technology	51.69%
2	Industrials	35.41%
3	Consumer Discretionary	12.9%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 PAR Technology PAR $2.7B	$159M	51.69%	2,597,229	–	–
2	2 GFL Environmental GFL $18.2B	$48.8M	15.83%	1,010,000 +20,000	+2%	+$966K
3	3 APi Group APG $13.5B	$38.2M	12.38%	1,066,922	–	–
4	4 RCI Hospitality Holdings RICK $367M	$38.1M	12.35%	886,468 -2,000	-0.2%	-$85.9K
5	TIC 5 Acuren Corporation TIC $1.27B	$22.2M	7.2%	1,994,518	New	+$22.2M
6	6 FAT Brands FAT $43.8M	$1.69M	0.55%	587,400	–	–