Park West Asset Management Increases Stake in Porch Group, Inc. to 5.0%
On June 16, 2026, Park West Asset Management LLC and Peter S. Park filed a Schedule 13G regarding their holdings in Porch Group, Inc. (PRCH). As of the event date on January 13, 2026, the reporting persons reported a combined beneficial ownership of 5,284,559 shares of common stock, representing 5.0% of the company's outstanding shares. This position is held through two entities: Park West Investors Master Fund, Limited (4,773,447 shares) and Park West Partners International, Limited (511,112 shares). The filing indicates an increase in holdings compared to the previous report of 5,050,000 shares. Park West Asset Management serves as the investment manager for the funds, with Peter S. Park acting as the controlling manager. The reporting persons have certified that these shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The ownership calculation is based on 105,371,353 shares outstanding as of October 31, 2025.