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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 5 of 6  ·  118 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 PYPL PAYPAL HLDGS INC Financial Services 9,595.0 $434K 0.45% +2K +31.4% $45.23 -7.8%
82 PRDO PERDOCEO ED CORP Consumer Defensive 11,662.0 $434K 0.45% -6K -32.0% $37.21 -12.1%
83 CDW CDW CORP Technology 3,577.0 $433K 0.45% +395.0 +12.4% $121.02 +7.5%
84 DIEBOLD NIXDORF INC 5,736.0 $433K 0.45% -799.0 -12.2% $75.44
85 AVT AVNET INC Technology 7,015.0 $432K 0.45% -2K -24.0% $61.62 +45.4%
86 PLXS PLEXUS CORP Technology 2,131.0 $432K 0.45% -710.0 -25.0% $202.54 +42.5%
87 FRME FIRST MERCHANTS CORP Financial Services 11,139.0 $431K 0.45% NEW $38.73 +8.2%
88 ARW ARROW ELECTRS INC Technology 3,006.0 $431K 0.45% -1K -26.4% $143.41 +57.2%
89 CON CONCENTRA GROUP HOLDINGS PAR Healthcare 20,052.0 $430K 0.45% -3K -11.2% $21.45 +33.6%
90 UHS UNIVERSAL HLTH SVCS INC Healthcare 2,395.0 $429K 0.44% +403.0 +20.2% $178.97 -18.5%
91 BANC BANC OF CALIFORNIA INC Financial Services 24,355.0 $428K 0.44% +2K +10.2% $17.58 +16.7%
92 JBSS SANFILIPPO JOHN B & SON INC Consumer Defensive 5,387.0 $427K 0.44% -753.0 -12.3% $79.33 +2.9%
93 GEN GEN DIGITAL INC Technology 22,620.0 $426K 0.44% +6K +32.6% $18.83 +23.5%
94 DV DOUBLEVERIFY HLDGS INC Technology 44,781.0 $425K 0.44% NEW $9.50 +9.9%
95 BDC BELDEN INC Technology 3,698.0 $425K 0.44% -323.0 -8.0% $114.83 +3.1%
96 MHK MOHAWK INDS INC Consumer Cyclical 4,310.0 $424K 0.44% NEW $98.46 +10.4%
97 THC TENET HEALTHCARE CORP Healthcare 2,237.0 $422K 0.44% $188.71 -4.1%
98 CFFN CAPITOL FED FINL INC Financial Services 58,965.0 $420K 0.44% -450.0 -0.8% $7.13 +16.3%
99 MKSI MKS INC. Technology 1,827.0 $420K 0.43% -1K -37.0% $229.81 +69.3%
100 POST POST HLDGS INC Consumer Defensive 4,213.0 $416K 0.43% NEW $98.86 -10.0%
Page 5 of 6  ·  118 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%