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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 4 of 9  ·  179 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 NEM NEWMONT CORP Basic Materials 4,923.0 $533K 0.60% NEW $108.25 -0.6%
62 MG MISTRAS GROUP INC Industrials 34,526.0 $510K 0.57% -15K -30.9% $14.78 +16.9%
63 EMBC EMBECTA CORP Healthcare 55,000.0 $486K 0.55% NEW $8.84 -62.4%
64 ASO ACADEMY SPORTS & OUTDOORS IN Consumer Cyclical 8,500.0 $480K 0.54% -6K -43.3% $56.45 -7.0%
65 MILLROSE PPTYS INC 17,122.0 $479K 0.54% NEW $28.00
66 MIAMI INTL HLDGS INC 12,282.0 $478K 0.54% NEW $38.92
67 CORBUS PHARMACEUTICALS HLDGS 50,252.0 $472K 0.53% NEW $9.39
68 CRUS CIRRUS LOGIC INC Technology 3,237.0 $468K 0.53% NEW $144.62 +18.4%
69 NTCT NETSCOUT SYS INC Technology 14,722.0 $468K 0.53% NEW $31.79 +29.0%
70 M MACYS INC Consumer Cyclical 25,603.0 $463K 0.52% +3K +12.2% $18.09 +14.2%
71 EM SMART SH GLOBAL LTD Consumer Cyclical 408,078.0 $461K 0.52% +106K +35.2% $1.13 +5.8%
72 NXTC NEXTCURE INC Healthcare 42,955.0 $459K 0.52% NEW $10.68 -26.7%
73 TARS TARSUS PHARMACEUTICALS INC Healthcare 6,328.0 $444K 0.50% NEW $70.15 -11.2%
74 VTRS VIATRIS INC Healthcare 32,500.0 $439K 0.49% -32K -50.0% $13.51 +23.2%
75 MMI MARCUS & MILLICHAP INC Real Estate 15,539.0 $413K 0.47% NEW $26.59 +8.4%
76 AVT AVNET INC Technology 6,702.0 $413K 0.47% +2K +34.0% $61.62 +39.4%
77 EWTX EDGEWISE THERAPEUTICS INC Healthcare 13,052.0 $411K 0.46% NEW $31.50 +3.8%
78 VERA VERA THERAPEUTICS INC Healthcare 10,181.0 $410K 0.46% NEW $40.23 -15.4%
79 CVS CVS HEALTH CORP Healthcare 5,700.0 $409K 0.46% -10K -63.7% $71.82 +29.9%
80 WHWK WHITEHAWK THERAPEUTICS INC Healthcare 115,484.0 $398K 0.45% NEW $3.45 +30.1%
Page 4 of 9  ·  179 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%