Windward Management LP Hedge Fund

Location: MIAMI BEACH, FL

CIK: 0001880817 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $130M (100.0% shares, 0.0% debt)

Holdings (10)

New Positions (2)

NTGR NETGEAR INC 5.9%

Value $7.644M Shares 350,000 Est. Cost — Unrealized —

TBCH TURTLE BEACH CORP 1.9%

Value $2.535M Shares 250,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NTGR	NETGEAR INC	350,000	$7.644M	5.9%	—	—	CALL	64111Q104
TBCH	TURTLE BEACH CORP	250,000	$2.535M	1.9%	—	—	CALL	900450206

Increased Positions (1)

GRPN GROUPON INC 20.2%

Value $26.29M (-22.9%) Shares 2,209,641 (+14.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GRPN	GROUPON INC	2,209,641 (+14.0%)	$26.29M (-22.9%)	20.2%	—	—	COM NEW	399473206

Exited Positions (4)

GEO GEO GROUP INC NEW 9.9%

Value $12.85M Shares 797,402 Est. Cost — Unrealized —

CLW CLEARWATER PAPER CORP 3.3%

Value $4.35M Shares 250,000 Est. Cost — Unrealized —

ALLT ALLOT LTD 2.3%

Value $2.951M Shares 300,200 Est. Cost — Unrealized —

SEAT VIVID SEATS INC 0.3%

Value $410K Shares 56,800 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GEO	GEO GROUP INC NEW	797,402	$12.85M	9.9%	—	—	—	36162J106
CLW	CLEARWATER PAPER CORP	250,000	$4.35M	3.3%	—	—	CALL	18538R103
ALLT	ALLOT LTD	300,200	$2.951M	2.3%	—	—	CALL	M0854Q105
SEAT	VIVID SEATS INC	56,800	$410K	0.3%	—	—	—	92854T209

Decreased Positions (3)

TBCH TURTLE BEACH CORP 12.5%

Value $16.31M (-32.3%) Shares 1,607,989 (-6.3%) Est. Cost — Unrealized —

JACK JACK IN THE BOX INC 1.4%

Value $1.764M (-76.1%) Shares 182,404 (-53.3%) Est. Cost — Unrealized —

ALLT ALLOT LTD 0.9%

Value $1.199M (-43.6%) Shares 180,000 (-16.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TBCH	TURTLE BEACH CORP	1,607,989 (-6.3%)	$16.31M (-32.3%)	12.5%	—	—	COM NEW	900450206
JACK	JACK IN THE BOX INC	182,404 (-53.3%)	$1.764M (-76.1%)	1.4%	—	—	COM	466367109
ALLT	ALLOT LTD	180,000 (-16.8%)	$1.199M (-43.6%)	0.9%	—	—	SHS	M0854Q105

Unchanged Positions (4)

GRPN GROUPON INC 6.9%

Value $9.03M Shares 758,800 Est. Cost — Unrealized —

NTGR NETGEAR INC 24.4%

Value $31.8M Shares 1,455,914 Est. Cost — Unrealized —

GEO GEO GROUP INC 14.2%

Value $18.5M Shares 1,100,700 Est. Cost — Unrealized —

BNED BARNES & NOBLE ED INC 11.5%

Value $15.01M Shares 1,700,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GRPN	GROUPON INC	758,800	$9.03M	6.9%	—	—	CALL	399473206
NTGR	NETGEAR INC	1,455,914	$31.8M	24.4%	—	—	COM	64111Q104
GEO	GEO GROUP INC	1,100,700	$18.5M	14.2%	—	—	CALL	36162J106
BNED	BARNES & NOBLE ED INC	1,700,000	$15.01M	11.5%	—	—	COM NEW	06777U200