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Portfolio (Quarterly) Guide ↗

Watershed Asset Management, L.L.C.

· CIK 0001315926
13F Portfolio $96M AUM 118 positions Filed May 6, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 39 New 31 Added 30 Reduced 39 Exited
Page 2 of 2  ·  30 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 CON CONCENTRA GROUP HOLDINGS PAR Healthcare 20,052.0 $430K 0.45% -3K -11.2% $21.45 +33.6%
22 JBSS SANFILIPPO JOHN B & SON INC Consumer Defensive 5,387.0 $427K 0.44% -753.0 -12.3% $79.33 +2.9%
23 BDC BELDEN INC Technology 3,698.0 $425K 0.44% -323.0 -8.0% $114.83 +3.1%
24 CFFN CAPITOL FED FINL INC Financial Services 58,965.0 $420K 0.44% -450.0 -0.8% $7.13 +16.3%
25 MKSI MKS INC. Technology 1,827.0 $420K 0.43% -1K -37.0% $229.81 +69.3%
26 ACEL ACCEL ENTERTAINMENT INC Consumer Cyclical 38,046.0 $415K 0.43% -4K -10.6% $10.91 +19.2%
27 VLYPN VALLEY NATL BANCORP Financial Services 33,334.0 $409K 0.42% -1K -3.7% $12.28 +109.3%
28 LOCO EL POLLO LOCO HLDGS INC Consumer Cyclical 29,441.0 $408K 0.42% -18K -37.5% $13.86 +11.7%
29 ZUMZ ZUMIEZ INC Consumer Cyclical 18,054.0 $400K 0.41% -663.0 -3.5% $22.16 -17.9%
30 MU MICRON TECHNOLOGY INC Technology 1,086.0 $367K 0.38% -573.0 -34.5% $337.84 +211.3%
Page 2 of 2  ·  30 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
Technology 37.3%
Financial Services 17.1%
Healthcare 14.3%
Consumer Cyclical 13.9%
Communication Services 7.8%
Industrials 3.8%
Consumer Defensive 3.8%
Energy 1.1%
Utilities 1.0%