Verdad Advisers, LP

CIK

1812822

Location

BOSTON, MA

Portfolio Value

Micro $88,532,484

Diversification

Diversified

Filing Date

Global Rank

#5,959 / 8,622 ▼ 2322 · as of Mar 2026

Top Industry

Biotechnology 32.3%

3Y Alpha vs SPY

-2.8%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

18 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+65.2%

SPY

+67.9%

Annualised alpha

-0.6%

Max drawdown

−12.1%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 9 quarters. Past performance does not predict future results.

Portfolio Concentration

177 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

2.5%

−50.9 pts

Top 5

12.0%

−63.0 pts

Top 10

21.3%

−58.5 pts

HHI

105

Diversified−3,072

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	42.0%	$37,193,317	73
Technology	13.3%	$11,742,343	27
Financial Services	11.6%	$10,227,772	17
Consumer Cyclical	8.0%	$7,056,694	19
Communication Services	7.3%	$6,499,159	10
Energy	7.2%	$6,399,400	10
Consumer Defensive	3.9%	$3,478,208	7
Real Estate	3.8%	$3,326,513	6
Industrials	2.0%	$1,751,620	6
Basic Materials	1.0%	$857,458	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

18 positions

Ticker	Company	Δ Shares	Shares	Value
EM	Smart Share Global Ltd	+106,194	408,078	$461,128
MOMO	Hello Group Inc.	+40,036	149,253	$859,697
CLDT	Chatham Lodging Trust	+25,000	140,000	$1,101,800
SND	Smart Sand, Inc.	+21,707	122,696	$628,203
NRT	North European Oil Royalty Trust	+16,474	30,782	$277,038
CRC	California Resources Corp	+15,320	22,500	$1,557,450
AMN	Amn Healthcare Services Inc	+5,000	50,000	$917,000
CRI	Carters Inc	+5,000	25,000	$894,000
ASA	ASA Gold & Precious Metals Ltd	+4,042	9,081	$563,294
CALM	Cal-Maine Foods Inc	+3,986	24,637	$1,950,018
YRD	Yiren Digital Ltd.	+3,697	56,303	$96,841
AII	American Integrity Insurance Group, Inc.	+3,555	41,095	$792,311
M	Macy's, Inc.	+2,783	25,603	$463,158
JLL	Jones Lang Lasalle Inc	+2,473	3,163	$962,564
HCI	HCI Group, Inc.	+2,362	3,737	$577,777
AVT	Avnet Inc	+1,702	6,702	$412,977
TER	Teradyne, Inc	+980	2,016	$597,663
ZM	Zoom Communications, Inc.	+649	21,580	$1,734,816
No positions match the current search.

Trimmed

Positions the filer reduced

23 positions

Ticker	Company	Δ Shares	Shares	Value
MAPS	Wm Technology, Inc.	−69,289	340,704	$224,183
CMCSA	Comcast Corp	−56,847	41,549	$1,192,871
NUS	Nu Skin Enterprises, Inc.	−42,576	36,172	$263,332
VTRS	Viatris Inc	−32,500	32,500	$439,075
VIOT	Viomi Technology Co., Ltd	−23,079	29,693	$32,959
SNFCA	Security National Financial Corp	−20,800	60,000	$568,801
PRDO	PERDOCEO EDUCATION Corp	−15,714	8,950	$333,029
MG	Mistras Group, Inc.	−15,474	34,526	$510,294
CVX	Chevron Corp	−13,983	4,525	$936,222
BWA	Borgwarner Inc	−13,571	7,269	$394,415
FINV	FinVolution Group	−12,837	15,145	$72,544
JNJ	Johnson & Johnson	−11,990	5,418	$1,324,375
LRCX	Lam Research Corp	−10,308	5,163	$1,103,126
CVS	CVS HEALTH Corp	−10,005	5,700	$409,374
MSB	Mesabi Trust	−9,264	10,303	$324,544
EGAN	EGAIN Corp	−6,684	26,288	$207,412
GM	General Motors Co	−6,623	9,207	$685,921
ASO	Academy Sports & Outdoors, Inc.	−6,500	8,500	$479,825
MRK	Merck & Co., Inc.	−5,986	5,660	$680,841
BNY	Bank of New York Mellon Corp	−5,810	8,951	$1,061,857
MU	Micron Technology Inc	−2,945	3,841	$1,297,643
HRTG	Heritage Insurance Holdings, Inc.	−2,280	26,494	$695,467
RL	Ralph Lauren Corp	−1,946	832	$286,199
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
BLTE	Belite Bio, Inc	13,813	$2,202,344
STT	State Street Corp	16,665	$2,109,122
ATHM	Autohome Inc.	121,317	$2,107,276
RVMD	Revolution Medicines, Inc.	21,572	$2,097,877
ZYME	Zymeworks Inc.	82,698	$2,070,757
TENX	Tenax Therapeutics, Inc.	95,330	$1,524,326
ACAD	Acadia Pharmaceuticals Inc	68,290	$1,520,135
PARR	Par Pacific Holdings, Inc.	22,500	$1,409,400
NRIX	Nurix Therapeutics, Inc.	83,425	$1,293,087
AHCO	AdaptHealth Corp.	95,000	$1,130,500
CTNM	Contineum Therapeutics, Inc.	86,032	$1,123,577
AXSM	Axsome Therapeutics, Inc.	5,971	$1,009,218
CLYM	Climb Bio, Inc.	144,540	$990,099
AMAT	Applied Materials Inc /De	2,894	$989,140
DSGN	Design Therapeutics, Inc.	92,310	$982,178
TALK	Talkspace, Inc.	175,551	$908,476
NGL	NGL Energy Partners LP	70,000	$863,100
SNEX	StoneX Group Inc.	6,947	$840,413
ATAI	AtaiBeckley Inc.	227,670	$805,951
FHI	Federated Hermes, Inc.	13,710	$777,494
ACRS	Aclaris Therapeutics, Inc.	197,042	$738,907
DNTH	Dianthus Therapeutics, Inc. /DE/	8,699	$730,020
VSNT	Versant Media Group, Inc.	18,997	$703,268
TERN	Terns Pharmaceuticals, Inc.	13,301	$701,228
SVRA	Savara Inc	128,376	$700,932
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
VOYA	Voya Financial, Inc.	2,000,000	$148,980,000
TGNA	TEGNA INC	2,510,000	$48,719,100
C	Citigroup Inc	34,553	$4,031,989
TJX	Tjx Companies Inc /De/	24,801	$3,809,681
GOOGL	Alphabet Inc.	8,484	$2,655,492
CSCO	Cisco Systems, Inc.	29,918	$2,304,583
CBRE	Cbre Group, Inc.	11,288	$1,814,997
T	At&T Inc.	69,461	$1,725,411
MS	Morgan Stanley	8,300	$1,473,499
PFE	Pfizer Inc	53,093	$1,322,015
CIEN	Ciena Corp	5,413	$1,265,938
QCOM	Qualcomm Inc/De	6,979	$1,193,757
NVDA	Nvidia Corp	6,299	$1,174,763
AAPL	Apple Inc.	4,203	$1,142,627
WMT	Walmart Inc.	8,451	$941,525
F	Ford Motor Co	66,000	$865,920
GSL	Global Ship Lease, Inc.	24,533	$859,636
AMD	Advanced Micro Devices Inc	3,879	$830,726
GLW	Corning Inc /Ny	9,463	$828,580
AMZN	Amazon Com Inc	3,462	$799,098
NTRA	Natera, Inc.	3,167	$725,528
VLGEA	Village Super Market Inc	20,000	$708,000
CALX	Calix, Inc	12,313	$651,727
SONO	Sonos Inc	33,567	$589,436
BAC	Bank Of America Corp /De/	10,083	$554,565
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

177 tracked positions · $88,532,484 total · filing declares 179 positions · $88,832,995 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 177 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BLTE	Belite Bio, Inc Healthcare	NEW	13,813	NEW	$2,202,344	NEW	2.49%
STT	State Street Corp Financial Services	NEW	16,665	NEW	$2,109,122	NEW	2.38%
ATHM	Autohome Inc. Communication Services	NEW	121,317	NEW	$2,107,276	NEW	2.38%
RVMD	Revolution Medicines, Inc. Healthcare	NEW	21,572	NEW	$2,097,877	NEW	2.37%
ZYME	Zymeworks Inc. Healthcare	NEW	82,698	NEW	$2,070,757	NEW	2.34%
CALM	Cal-Maine Foods Inc Consumer Defensive	Added	24,637	+3,986	$1,950,018	+18.7%	2.20%
ZM	Zoom Communications, Inc. Technology	Added	21,580	+649	$1,734,816	−3.9%	1.96%
CRC	California Resources Corp Energy	Added	22,500	+15,320	$1,557,450	+385.2%	1.76%
TENX	Tenax Therapeutics, Inc. Healthcare	NEW	95,330	NEW	$1,524,326	NEW	1.72%
ACAD	Acadia Pharmaceuticals Inc Healthcare	NEW	68,290	NEW	$1,520,135	NEW	1.72%
PARR	Par Pacific Holdings, Inc. Energy	NEW	22,500	NEW	$1,409,400	NEW	1.59%
JNJ	Johnson & Johnson Healthcare	Reduced	5,418	-11,990	$1,324,375	−63.2%	1.50%
MU	Micron Technology Inc Technology	Reduced	3,841	-2,945	$1,297,643	−33.0%	1.47%
NRIX	Nurix Therapeutics, Inc. Healthcare	NEW	83,425	NEW	$1,293,087	NEW	1.46%
CMCSA	Comcast Corp Communication Services	Reduced	41,549	-56,847	$1,192,871	−59.4%	1.35%
AHCO	AdaptHealth Corp. Healthcare	NEW	95,000	NEW	$1,130,500	NEW	1.28%
CTNM	Contineum Therapeutics, Inc. Healthcare	NEW	86,032	NEW	$1,123,577	NEW	1.27%
LRCX	Lam Research Corp Technology	Reduced	5,163	-10,308	$1,103,126	−58.3%	1.25%
CLDT	Chatham Lodging Trust Real Estate	Added	140,000	+25,000	$1,101,800	+40.7%	1.24%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	8,951	-5,810	$1,061,857	−38.0%	1.20%
AXSM	Axsome Therapeutics, Inc. Healthcare	NEW	5,971	NEW	$1,009,218	NEW	1.14%
CLYM	Climb Bio, Inc. Healthcare	NEW	144,540	NEW	$990,099	NEW	1.12%
AMAT	Applied Materials Inc /De Technology	NEW	2,894	NEW	$989,140	NEW	1.12%
DSGN	Design Therapeutics, Inc. Healthcare	NEW	92,310	NEW	$982,178	NEW	1.11%
JLL	Jones Lang Lasalle Inc Real Estate	Added	3,163	+2,473	$962,564	+314.6%	1.09%
CVX	Chevron Corp Energy	Reduced	4,525	-13,983	$936,222	−66.8%	1.06%
AMN	Amn Healthcare Services Inc Healthcare	Added	50,000	+5,000	$917,000	+29.3%	1.04%
TALK	Talkspace, Inc. Healthcare	NEW	175,551	NEW	$908,476	NEW	1.03%
CRI	Carters Inc Consumer Cyclical	Added	25,000	+5,000	$894,000	+37.8%	1.01%
NGL	NGL Energy Partners LP Energy	NEW	70,000	NEW	$863,100	NEW	0.97%
MOMO	Hello Group Inc. Communication Services	Added	149,253	+40,036	$859,697	+20.2%	0.97%
SNEX	StoneX Group Inc. Financial Services	NEW	6,947	NEW	$840,413	NEW	0.95%
ATAI	AtaiBeckley Inc. Healthcare	NEW	227,670	NEW	$805,951	NEW	0.91%
AII	American Integrity Insurance Group, Inc. Financial Services	Added	41,095	+3,555	$792,311	+1.3%	0.89%
FHI	Federated Hermes, Inc. Financial Services	NEW	13,710	NEW	$777,494	NEW	0.88%
ACRS	Aclaris Therapeutics, Inc. Healthcare	NEW	197,042	NEW	$738,907	NEW	0.83%
DNTH	Dianthus Therapeutics, Inc. /DE/ Healthcare	NEW	8,699	NEW	$730,020	NEW	0.82%
VSNT	Versant Media Group, Inc. Communication Services	NEW	18,997	NEW	$703,268	NEW	0.79%
TERN	Terns Pharmaceuticals, Inc. Healthcare	NEW	13,301	NEW	$701,228	NEW	0.79%
SVRA	Savara Inc Healthcare	NEW	128,376	NEW	$700,932	NEW	0.79%
HRTG	Heritage Insurance Holdings, Inc. Financial Services	Reduced	26,494	-2,280	$695,467	−17.4%	0.79%
GM	General Motors Co Consumer Cyclical	Reduced	9,207	-6,623	$685,921	−46.7%	0.77%
MRK	Merck & Co., Inc. Healthcare	Reduced	5,660	-5,986	$680,841	−44.5%	0.77%
DECK	Deckers Outdoor Corp Consumer Cyclical	NEW	6,708	NEW	$671,403	NEW	0.76%
PRG	PROG Holdings, Inc. Industrials	NEW	22,299	NEW	$639,758	NEW	0.72%
NYT	New York Times Co Communication Services	NEW	7,509	NEW	$628,728	NEW	0.71%
SND	Smart Sand, Inc. Energy	Added	122,696	+21,707	$628,203	+55.5%	0.71%
VRDN	Viridian Therapeutics, Inc.\DE Healthcare	NEW	31,179	NEW	$609,861	NEW	0.69%
TER	Teradyne, Inc Technology	Added	2,016	+980	$597,663	+198.0%	0.68%
RCKY	Rocky Brands, Inc. Consumer Cyclical	Held	15,000	0	$580,800	+32.0%	0.66%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.