Appian Way Asset Management LP
Annual return '25
-0.6%
SPY '25
+17.7%
Alpha
-18.3ptsvs SPY
Invested
$905.7M
Holdings
22
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$RKT
ROCKET COS INC
Held since at least Q1 2024
15.4%
02
$W
WAYFAIR INC
Held since at least Q1 2024
14.1%
03
$NN
NEXTNAV INC
Held since at least Q1 2024
12.0%
04
$GLNG
GOLAR LNG LTD
Q4 2025: Exited (was 1.63M shares)
11.3%
05
$WDC
WESTERN DIGITAL CORP
Q1 2026: Increased +6.7% (2.3k → 2.5k shares)
11.2%
06
$SIMO
SILICON MOTION TECHNOLOGY CO
Held since at least Q1 2024
6.0%
07
$TFX
TELEFLEX INCORPORATED
Q1 2026: Exited (was 2.2k shares)
5.2%
08
$CPNG
COUPANG INC
Held since at least Q1 2024
4.9%
09
$FND
FLOOR & DECOR HLDGS INC
Held since at least Q1 2024
3.7%
10
$MTZ
MASTEC INC
Q1 2026: New position (763 shares)
2.3%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 10:56 UTC.