Varde Management, L.P. — 13F Holdings

2026 Q2  ·  5 Positions

2026 Q2 Portfolio Activity

In 2026 Q2, Varde Management, L.P. maintained a portfolio of 5 distinct positions. The most significant new addition was Trump Media & Technology Group, now representing 1.91% of the total fund value. They heavily accumulated shares in Surgery Partners Inc, increasing the position by 32.8%.
Position History hover any row below to update
Loading…
Varde Management, L.P. Minneapolis, MN Hedge Fund / Credit Manager AUM $67M
PCA Score Concentration Risk
Risk ENB
Total Positions
5
Quarter
2026 Q2
Top Holding
ZD (47.8%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-5 of 5

Varde Management, L.P. Full Holdings List — 2026 Q2

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
ZD
Ziff Davis Inc
Communication Services 47.76% 45.44% #1
Prev: #1
8.0
90,000 16.9%
P
S
624,028 $32,680,346 2026 Q1 13F Filing 2026-06-30 2026-08-14
SGRY
Surgery Partner...
Healthcare 24.64% 18.26% #2 1
Prev: #3
8.0
248,009 32.8%
P
S
1,003,447 $16,857,910 2026 Q1 13F Filing 2026-06-30 2026-08-14
SATS
EchoStar Corp
Communication Services 23.65% 35.00% #3 1
Prev: #2
7.0
12,000 8.1%
P
S
159,400 $16,179,100 2025 Q3 13F Filing 2026-06-30 2026-08-14
ZIP
ZipRecruiter In...
Communication Services 2.04% 1.30% #4
Prev: #4
3.3
23,929 6.9%
P
S
371,456 $1,392,960 2026 Q1 13F Filing 2026-06-30 2026-08-14
DJT
Trump Media & T...
PUT
PUT Option 1.91% #5
Prev: #—
4.8
8,500
NEW
8,500 $1,309,000 2026 Q2 13F Filing 2026-06-30 2026-08-14
Showing 1-5 of 5 holdings

Unlock Full Varde Management, L.P. Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics
Full history →