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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 7 of 9  ·  179 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 SNX TD SYNNEX CORPORATION Technology 1,446.0 $244K 0.28% NEW $168.71 +40.7%
122 CRESCENT BIOPHARMA INC. 12,748.0 $234K 0.26% NEW $18.37
123 EZPW EZCORP INC Financial Services 8,902.0 $226K 0.25% NEW $25.38 +33.1%
124 MAPS WM TECHNOLOGY INC Technology 340,704.0 $224K 0.25% -69K -16.9% $0.66 -40.8%
125 PMVP PMV PHARMACEUTICALS INC Healthcare 180,161.0 $223K 0.25% NEW $1.24 +1.6%
126 REGN REGENERON PHARMACEUTICALS Healthcare 283.0 $219K 0.25% NEW $772.64 -17.3%
127 LINC LINCOLN EDL SVCS CORP Consumer Defensive 5,334.0 $217K 0.24% NEW $40.68 +19.0%
128 RYTM RHYTHM PHARMACEUTICALS INC Healthcare 2,445.0 $213K 0.24% NEW $86.97 +1.0%
129 DIBS 1STDIBS COM INC Consumer Cyclical 37,803.0 $208K 0.23% NEW $5.50 -16.4%
130 ELV ELEVANCE HEALTH INC FORMERLY Healthcare 709.0 $208K 0.23% NEW $292.75 +34.8%
131 EGAN EGAIN CORP Technology 26,288.0 $207K 0.23% -7K -20.3% $7.89 -11.3%
132 COGT COGENT BIOSCIENCES INC Healthcare 5,329.0 $205K 0.23% NEW $38.49 -15.1%
133 STC STEWART INFORMATION SVCS COR Financial Services 3,326.0 $205K 0.23% NEW $61.58 +9.9%
134 TCMD TACTILE SYS TECHNOLOGY INC Healthcare 7,816.0 $204K 0.23% NEW $26.13 -4.7%
135 BK TECHNOLOGIES CORPORATION 2,728.0 $204K 0.23% NEW $74.63
136 ALMS ALUMIS INC Healthcare 9,173.0 $202K 0.23% NEW $22.03 -0.0%
137 CGEM CULLINAN THERAPEUTICS INC Healthcare 12,604.0 $179K 0.20% NEW $14.21 -2.6%
138 PASG PASSAGE BIO INC Healthcare 22,128.0 $174K 0.20% NEW $7.85 -33.4%
139 IVVD INVIVYD INC Healthcare 131,276.0 $171K 0.19% NEW $1.30 -15.4%
140 ON24 INC 18,770.0 $152K 0.17% NEW $8.10
Page 7 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%