Returns–Not enough quarters yet
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AAPLApple Inc | $2.2M | 2.1% | New |
| BLTEBelite Bio Inc | $2.1M | 2.0% | |
| ACADAcadia Pharmaceuticals Inc | $2.1M | 2.0% | +21.0% |
| CMCSAComcast Corp New | $2.1M | 2.0% | +103.5% |
| CLDTChatham Lodging Tr | $1.9M | 1.8% | |
| TENXTenax Therapeutics Inc | $1.8M | 1.7% | +29.2% |
| SLDESlide Ins Hldgs Inc | $1.8M | 1.7% | +197.1% |
| ZYMEZymeworks Inc | $1.7M | 1.7% | −19.4% |
| AMNAmn Healthcare Svcs Inc | $1.7M | 1.6% | +3.8% |
| XFORX4 Pharmaceuticals Inc | $1.6M | 1.6% | New |
| VSNTVersant Media Group Inc | $1.6M | 1.5% | +129.0% |
| NTCTNetscout Sys Inc | $1.4M | 1.4% | +125.0% |
| WHWKWhitehawk Therapeutics Inc | $1.4M | 1.3% | +161.1% |
| JNJJohnson & Johnson | $1.4M | 1.3% | |
| CTNMContineum Therapeutics Inc | $1.3M | 1.3% | −5.8% |
| JBIOJade Biosciences Inc | $1.3M | 1.2% | New |
| CSCOCisco Sys Inc | $1.2M | 1.2% | New |
| NRIXNurix Therapeutics Inc | $1.2M | 1.2% | −40.7% |
| TARAProtara Therapeutics Inc | $1.2M | 1.1% | New |
| BLMNBloomin Brands Inc | $1.2M | 1.1% | +30.0% |
| TYRATyra Biosciences Inc | $1.1M | 1.1% | New |
| PARRPar Pac Holdings Inc | $1.1M | 1.1% | −11.1% |
| EWTXEdgewise Therapeutics Inc | $1.1M | 1.1% | +108.7% |
| GOOGLAlphabet Inc | $1.0M | 1.0% | New |
| CRICarters Inc | $1.0M | 1.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMATApplied Matls Inc | March 31, 2026 | +111.5% | $787K |
| AMNAmn Healthcare Svcs Inc | December 31, 2025 | +105.4% | $1.7M |
| CLDTChatham Lodging Tr | December 31, 2025 | +94.3% | $1.9M |
| NRIXNurix Therapeutics Inc | March 31, 2026 | +56.5% | $1.2M |
| BLMNBloomin Brands Inc | December 31, 2025 | +48.1% | $1.2M |
| ACRSAclaris Therapeutics Inc | March 31, 2026 | +41.1% | $927K |
| NTCTNetscout Sys Inc | March 31, 2026 | +37.0% | $1.4M |
| WHWKWhitehawk Therapeutics Inc | March 31, 2026 | +32.8% | $1.4M |
| EWTXEdgewise Therapeutics Inc | March 31, 2026 | +29.0% | $1.1M |
| CRICarters Inc | December 31, 2025 | +26.9% | $1.0M |
Sold off last quarter
- STTState Str Corp was $2.1M
- ATHMAutohome Inc was $2.1M
- CALMCal Maine Foods Inc was $2.0M
- AXSMAxsome Therapeutics Inc. was $1.0M
- CVXChevron Corporation was $936K
- NGLNgl Energy Partners LP was $863K
- Terns Pharmaceuticals IncCUSIP 880881107 was $701K
- GMGeneral Mtrs Co was $686K
- DECKDeckers Outdoor Corp was $671K
- NYTNew York Times Co Mtn Be was $629K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +16.2% | +14.8% |
| March 31, 2026 | −4.3% | −4.6% |
| December 31, 2024 | −0.4% | +2.1% |
| September 30, 2024 | +7.2% | +5.4% |
| June 30, 2024 | −2.6% | +4.0% |
| March 31, 2024 | +6.4% | +10.0% |
| December 31, 2023 | +14.4% | +11.2% |
| September 30, 2023 | −5.8% | −3.6% |
| June 30, 2023 | +0.1% | +8.3% |
| March 31, 2023 | +7.3% | +7.0% |
| December 31, 2022 | +7.2% | +7.1% |
| September 30, 2022 | −5.2% | −5.3% |
| June 30, 2022 | −14.3% | −16.5% |
| March 31, 2022 | −2.6% | −4.9% |
| December 31, 2021 | +7.3% | +10.7% |
| September 30, 2021 | +7.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Verdad Advisers, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1812822&type=13F-HR&dateb=&owner=include&count=40CIK 1812822
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1812822/000142050626001697/Filed August 14, 2026 · accession 0001420506-26-001697