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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 5 of 9  ·  179 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 BWA BORGWARNER INC Consumer Cyclical 7,269.0 $394K 0.44% -14K -65.1% $54.26 +21.3%
82 AXGN AXOGEN INC Healthcare 11,507.0 $381K 0.43% NEW $33.13 +23.5%
83 TPH TRI POINTE HOMES INC Consumer Cyclical 8,147.0 $381K 0.43% NEW $46.73 +0.5%
84 FORM FORMFACTOR INC Technology 3,877.0 $376K 0.42% NEW $96.99 +33.0%
85 APEI AMERICAN PUB ED INC Consumer Defensive 6,367.0 $362K 0.41% NEW $56.88 -9.5%
86 FIGS FIGS INC Consumer Cyclical 24,251.0 $358K 0.40% NEW $14.77 -15.1%
87 CCSI CONSENSUS CLOUD SOLUTIONS IN Technology 15,000.0 $356K 0.40% $23.74 +18.7%
88 KOD KODIAK SCIENCES INC Healthcare 9,115.0 $347K 0.39% NEW $38.12 -5.0%
89 DAKT DAKTRONICS INC Technology 17,692.0 $346K 0.39% NEW $19.55 +3.8%
90 SLAB SILICON LABORATORIES INC Technology 1,650.0 $343K 0.39% NEW $208.15 +4.5%
91 OVID OVID THERAPEUTICS INC Healthcare 151,919.0 $337K 0.38% NEW $2.22 +11.3%
92 DXC DXC TECHNOLOGY CO Technology 26,653.0 $335K 0.38% NEW $12.57 -24.4%
93 PRDO PERDOCEO ED CORP Consumer Defensive 8,950.0 $333K 0.38% -16K -63.7% $37.21 -8.7%
94 ARW ARROW ELECTRS INC Technology 2,320.0 $333K 0.38% NEW $143.41 +51.5%
95 ACLX ARCELLX INC Healthcare 2,893.0 $332K 0.37% NEW $114.82 +0.2%
96 RLMD RELMADA THERAPEUTICS INC Healthcare 47,149.0 $328K 0.37% NEW $6.96 +1.1%
97 DJCO DAILY JOURNAL CORP Technology 679.0 $328K 0.37% NEW $482.34 -1.9%
98 SUPN SUPERNUS PHARMACEUTICALS Healthcare 6,295.0 $325K 0.37% NEW $51.69 -6.7%
99 MSB MESABI TR Financial Services 10,303.0 $325K 0.36% -9K -47.4% $31.50 -19.2%
100 NSSC NAPCO SEC TECHNOLOGIES INC Industrials 8,091.0 $319K 0.36% NEW $39.39 -5.0%
Page 5 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%