Verdad Advisers, LP

CIK

1812822

Location

BOSTON, MA

Portfolio Value

Micro $88,269,992

Diversification

Diversified

Filing Date

Global Rank

#5,933 / 8,603 ▼ 2307 · as of Mar 2026

Top Industry

Biotechnology 32.4%

3Y Alpha vs SPY

-0.9%

Period ended 3 months ago

Filed May 15, 2026 · 55d

18 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+66.9%

SPY

+76.0%

Annualised alpha

-2.1%

Max drawdown

−12.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

178 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

21.4%

−58.4 pts

HHI

105

Diversified−3,073

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	42.1%	$37,193,317	73
Technology	13.3%	$11,742,343	27
Financial Services	11.3%	$9,947,633	17
Consumer Cyclical	8.0%	$7,056,694	19
Communication Services	7.4%	$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%	$875,105	3

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	$568,800
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
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
DECK	Deckers Outdoor Corp	6,708	$671,403
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

178 positions · $88,269,992 total · 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 178 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	2.50%
STT	State Street Corp Financial Services	NEW	16,665	NEW	$2,109,122	NEW	2.39%
ATHM	Autohome Inc. Communication Services	NEW	121,317	NEW	$2,107,276	NEW	2.39%
RVMD	Revolution Medicines, Inc. Healthcare	NEW	21,572	NEW	$2,097,877	NEW	2.38%
ZYME	Zymeworks Inc. Healthcare	NEW	82,698	NEW	$2,070,757	NEW	2.35%
CALM	Cal-Maine Foods Inc Consumer Defensive	Added	24,637	+3,986	$1,950,018	+18.7%	2.21%
ZM	Zoom Communications, Inc. Technology	Added	21,580	+649	$1,734,816	−3.9%	1.97%
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	1.73%
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	1.60%
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	−56.7%	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%	1.25%
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	0.98%
MOMO	Hello Group Inc. Communication Services	Added	149,253	+40,036	$859,697	+20.2%	0.97%
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%	0.90%
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	0.84%
DNTH	Dianthus Therapeutics, Inc. /DE/ Healthcare	NEW	8,699	NEW	$730,020	NEW	0.83%
VSNT	Versant Media Group, Inc. Communication Services	NEW	18,997	NEW	$703,268	NEW	0.80%
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%	0.78%
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%
HCI	HCI Group, Inc. Financial Services	Added	3,737	+2,362	$577,777	+119.2%	0.65%