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Portfolio (Quarterly) Guide ↗

Verdad Advisers, LP

· CIK 0001812822
13F Portfolio $89M AUM 179 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 133 New 18 Added 23 Reduced 58 Exited
Page 2 of 7  ·  133 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 DNTH DIANTHUS THERAPEUTICS INC Healthcare 8,699.0 $730K 0.82% NEW $83.92 +3.1%
22 VSNT VERSANT MEDIA GROUP INC Industrials 18,997.0 $703K 0.79% NEW $37.02 +15.3%
23 TERN TERNS PHARMACEUTICALS INC Healthcare 13,301.0 $701K 0.79% NEW $52.72 +0.4%
24 SVRA SAVARA INC Healthcare 128,376.0 $701K 0.79% NEW $5.46 -8.1%
25 DECK DECKERS OUTDOOR CORP Consumer Cyclical 6,708.0 $671K 0.76% NEW $100.09 +6.6%
26 PRG PROG HOLDINGS INC Industrials 22,299.0 $640K 0.72% NEW $28.69 +16.6%
27 NYT NEW YORK TIMES CO MTN BE Communication Services 7,509.0 $629K 0.71% NEW $83.73 -10.5%
28 VRDN VIRIDIAN THERAPEUTICS INC Healthcare 31,179.0 $610K 0.69% NEW $19.56 -11.9%
29 ZURA BIO LTD 97,102.0 $578K 0.65% NEW $5.95
30 HYG ISHARES TR 7,070.0 $562K 0.63% NEW $79.56 +0.4%
31 SNEX STONEX GROUP INC Financial Services 6,947.0 $560K 0.63% NEW $80.65 +39.0%
32 GRVY GRAVITY CO LTD Technology 8,919.0 $553K 0.62% NEW $61.96 +0.8%
33 SLDE SLIDE INS HLDGS INC Financial Services 30,658.0 $552K 0.62% NEW $18.00 +3.5%
34 GPCR STRUCTURE THERAPEUTICS INC Healthcare 11,335.0 $546K 0.61% NEW $48.20 -18.7%
35 ERAS ERASCA INC Healthcare 33,070.0 $535K 0.60% NEW $16.18 -30.5%
36 NEM NEWMONT CORP Basic Materials 4,923.0 $533K 0.60% NEW $108.25 -0.6%
37 EMBC EMBECTA CORP Healthcare 55,000.0 $486K 0.55% NEW $8.84 -62.4%
38 MILLROSE PPTYS INC 17,122.0 $479K 0.54% NEW $28.00
39 MIAMI INTL HLDGS INC 12,282.0 $478K 0.54% NEW $38.92
40 CORBUS PHARMACEUTICALS HLDGS 50,252.0 $472K 0.53% NEW $9.39
Page 2 of 7  ·  133 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 37.8%
Technology 15.0%
Financial Services 11.5%
Consumer Cyclical 9.2%
Energy 8.1%
Communication Services 6.6%
Consumer Defensive 4.4%
Real Estate 3.5%
Industrials 3.1%
Basic Materials 0.7%