Verdad Advisers, LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Verdad Advisers, LP reported 210 stock positions worth $104.4 million. Its top holding was Apple (AAPL) at 2.1% of the portfolio, followed by Belite Bio Inc. - ADR (BLTE, 2.0%) and Acadia Pharmaceuticals (ACAD, 2.0%). Compared with Q1 2026, it opened 97 new positions, sold out of 66, added to 59 and reduced 42. The biggest buy was a new position in Apple (AAPL) and the biggest sale an exit from State Street (STT).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001812822
- Portfolio Value
- $104.4M (Q2 2026)
- SEC Filing
- 0001420506-26-001697 ↗ filed Aug 14, 2026
Holdings Value
Holdings 210 stocks · $104.4M
| AAPL Apple Inc. | 2.06% | 7,445 | $2.2M | New |
| BLTE Belite Bio Inc. - ADR | 2.03% | 13,758 | $2.1M | Reduce -0.4% |
| ACAD Acadia Pharmaceuticals Inc. | 2.00% | 82,629 | $2.1M | Add +21.0% |
| CMCSA Comcast Corp. Class A | 1.99% | 84,569 | $2.1M | Add +103.5% |
| CLDT Chatham Lodging Trust | 1.77% | 140,000 | $1.9M | No change |
| TENX Tenax Therapeutics Inc. | 1.72% | 123,174 | $1.8M | Add +29.2% |
| SLDE Slide Insurance Holdings Inc. | 1.69% | 91,070 | $1.8M | Add +197.1% |
| ZYME Zymeworks Inc. | 1.67% | 66,688 | $1.7M | Reduce -19.4% |
| AMN Amn Healthcare Services Inc. | 1.61% | 51,906 | $1.7M | Add +3.8% |
| XFOR X4 Pharmaceuticals Inc. | 1.57% | 352,093 | $1.6M | New |
| VSNT Versant Media Group Inc. | 1.50% | 43,503 | $1.6M | Add +129.0% |
| NTCT Netscout Systems Inc. | 1.38% | 33,128 | $1.4M | Add +125.0% |
| WHWK Whitehawk Therapeutics Inc. | 1.32% | 301,483 | $1.4M | Add +161.1% |
| JNJ Johnson & Johnson | 1.31% | 5,384 | $1.4M | Reduce -0.6% |
| CTNM Contineum Therapeutics Inc. Class A | 1.27% | 81,014 | $1.3M | Reduce -5.8% |
| JBIO Jade Biosciences Inc. | 1.20% | 56,384 | $1.3M | New |
| CSCO Cisco Systems Inc. | 1.16% | 10,307 | $1.2M | New |
| NRIX Nurix Therapeutics Inc. | 1.15% | 49,511 | $1.2M | Reduce -40.6% |
| TARA Protara Therapeutic Inc. | 1.14% | 312,249 | $1.2M | New |
| BLMN Bloomin' Brands Inc. | 1.14% | 130,000 | $1.2M | Add +30.0% |
| TYRA Tyra Biosciences Inc. | 1.10% | 36,003 | $1.1M | New |
| PARR Par Pacific Holdings Inc. | 1.07% | 20,000 | $1.1M | Reduce -11.1% |
| EWTX Edgewise Therapeutics Inc. | 1.06% | 27,234 | $1.1M | Add +108.7% |
| GOOGL Alphabet Inc. Class A | 0.99% | 2,900 | $1.0M | New |
| CRI Carter's Inc. | 0.99% | 25,000 | $1.0M | No change |
| VERA Vera Therapeutics Inc. | 0.97% | 23,487 | $1.0M | Add +130.7% |
| NUVL Nuvalent Inc. Class A | 0.96% | 8,104 | $1.0M | New |
| DNTH Dianthus Therapeutics Inc. | 0.94% | 10,062 | $981K | Add +15.7% |
| ACRS Aclaris Therapeutics Inc. | 0.89% | 175,272 | $927K | Reduce -11.1% |
| OPY Oppenheimer Holdings Class A | 0.88% | 8,673 | $915K | Add +153.5% |
| VZ Verizon Communications Inc. | 0.85% | 20,938 | $887K | New |
| MYE Myers Industries Inc. | 0.83% | 24,500 | $865K | New |
| ELVN Enliven Therapeutics Inc. | 0.82% | 16,957 | $861K | New |
| UVE Universal Insurance Holdings | 0.81% | 20,558 | $850K | New |
| BNY Bank of New York Mellon Corp. | 0.80% | 5,748 | $831K | Reduce -35.8% |
| CNXN PC Connection Inc. | 0.77% | 11,084 | $809K | New |
| AII American Integrity Insurance | 0.76% | 42,178 | $794K | Add +2.6% |
| AMAT Applied Materials Inc. | 0.75% | 1,089 | $787K | Reduce -62.4% |
| AHCO Adapthealth Corp. | 0.75% | 75,000 | $782K | Reduce -21.1% |
| ALL Allstate Corp. | 0.75% | 3,279 | $780K | New |
| CLDX Celldex Therapeutics Inc. | 0.74% | 20,704 | $770K | New |
| RVMD Revolution Medicines Inc. | 0.73% | 4,053 | $759K | Reduce -81.2% |
| HRTG Heritage Insurance Holdings | 0.71% | 28,575 | $745K | Add +7.8% |
| SNX TD Synnex Corp. | 0.71% | 2,780 | $743K | Add +92.3% |
| MOV Movado Group Inc. | 0.71% | 18,762 | $738K | Add +74.6% |
| SND Smart Sand Inc. | 0.68% | 142,684 | $715K | Add +16.3% |
| VRDN Viridian Therapeutics Inc. | 0.68% | 38,722 | $711K | Add +24.2% |
| DSGN Design Therapeutics Inc. | 0.66% | 47,557 | $688K | Reduce -48.5% |
| MMI Marcus & Millichap Inc. | 0.66% | 21,972 | $685K | Add +41.4% |
| MATV Mativ Holdings Inc. | 0.65% | 90,000 | $681K | New |
| SNEX Stonex Group Inc. | 0.64% | 5,682 | $673K | Reduce -18.2% |
| CTMX Cytomx Therapeutics Inc. | 0.63% | 176,407 | $662K | Add +484.4% |
| NLOP Net Lease Office Property | 0.63% | 58,791 | $654K | Add +145.7% |
| GERN Geron Corp. | 0.61% | 494,201 | $633K | New |
| OOMA Ooma Inc. | 0.60% | 32,810 | $631K | Add +69.8% |
| RCKY Rocky Brands Inc. | 0.60% | 15,254 | $629K | Add +1.7% |
| JANX Janux Therapeutics Inc. | 0.59% | 40,386 | $620K | New |
| ZM Zoom Communications Inc. | 0.59% | 7,125 | $615K | Reduce -67.0% |
| GPCR Structure Therapeutics Inc. | 0.58% | 11,335 | $608K | No change |
| AVTX Avalo Therapeutics Inc. | 0.58% | 32,827 | $607K | New |
| MG Mistras Group Inc. | 0.58% | 34,526 | $603K | No change |
| VMD Viemed Healthcare Inc. | 0.58% | 52,879 | $603K | New |
| RLMD Relmada Therapeutics Inc. | 0.58% | 86,994 | $602K | Add +84.5% |
| CLYM Climb Bio Inc. | 0.58% | 46,115 | $601K | Reduce -68.1% |
| CRBP Corbus Pharmaceuticals Holdi | 0.57% | 63,603 | $597K | Add +26.6% |
| BMY Bristol-Myers Squibb Co. | 0.57% | 10,263 | $591K | New |
| SNFCA Security Natl Finl Corp. Class A | 0.56% | 60,000 | $581K | No change |
| USNA Usana Health Sciences Inc. | 0.53% | 26,068 | $557K | Add +52.7% |
| TALK Talkspace Inc. | 0.52% | 105,252 | $547K | Reduce -40.0% |
| NVDA Nvidia Corp. | 0.52% | 2,735 | $547K | New |
| URGN Urogen Pharma Ltd. | 0.51% | 14,440 | $531K | New |
| ATAI Ataibeckley Inc. | 0.51% | 100,681 | $531K | Reduce -55.8% |
| CRC California Resources Corp. | 0.51% | 10,000 | $529K | Reduce -55.6% |
| CGEM Cullinan Therapeutics Inc. | 0.51% | 28,987 | $528K | Add +130.0% |
| IBIO Ibio Inc. | 0.50% | 298,927 | $523K | Add +430.8% |
| VTRS Viatris Inc. | 0.49% | 32,500 | $516K | No change |
| INNV Innovage Holding Corp. | 0.48% | 42,139 | $499K | Add +33.2% |
| MOMO Hello Group Inc. -SPN ADR | 0.47% | 84,685 | $491K | Reduce -43.3% |
| PMVP PMV Pharmaceuticals Inc. | 0.47% | 362,361 | $486K | Add +101.1% |
| NHC National Healthcare Corp. | 0.46% | 2,295 | $485K | New |
| CRUS Cirrus Logic Inc. | 0.46% | 3,265 | $485K | Add +0.9% |
| MU Micron Technology Inc. | 0.46% | 419 | $484K | Reduce -89.1% |
| JLL Jones Lang Lasalle Inc. | 0.46% | 1,552 | $481K | Reduce -50.9% |
| APA Apa Corp. | 0.45% | 14,562 | $474K | New |
| RMR RMR Group Inc./the - A | 0.44% | 22,496 | $462K | New |
| FULC Fulcrum Therapeutics Inc. | 0.44% | 125,224 | $458K | New |
| PRG Prog Holdings Inc. | 0.42% | 9,382 | $437K | Reduce -57.9% |
| SEPN Septerna Inc. | 0.42% | 12,970 | $434K | New |
| BIOA Bioage Labs Inc. | 0.41% | 17,394 | $426K | Add +14.4% |
| TER Teradyne Inc. | 0.41% | 878 | $425K | Reduce -56.5% |
| ARW Arrow Electronics Inc. | 0.40% | 1,976 | $422K | Reduce -14.8% |
| IMKTA Ingles Markets Inc. Class A | 0.40% | 4,734 | $419K | New |
| ERAS Erasca Inc. | 0.39% | 22,460 | $411K | Reduce -32.1% |
| DSP Viant Technology Inc. Class A | 0.39% | 31,880 | $404K | New |
| QCOM Qualcomm Inc. | 0.38% | 2,161 | $399K | New |
| STTK Shattuck Labs Inc. | 0.38% | 57,231 | $397K | Add +327.8% |
| ZURA Zura Bio Ltd. | 0.38% | 66,919 | $395K | Reduce -31.1% |
| LRCX Lam Research Corp. | 0.37% | 893 | $387K | Reduce -82.7% |
| SVRA Savara Inc. | 0.36% | 61,759 | $380K | Reduce -51.9% |
| MAZE Maze Therapeutics Inc. | 0.36% | 12,618 | $377K | New |
Portfolio Sells Q1 2026 → Q2 2026
| STT State Street Corp. | Sold out | 0.00% | −2.37 |
| ATHM Autohome Inc.-ADR | Sold out | 0.00% | −2.37 |
| CALM Cal-Maine Foods Inc. | Sold out | 0.00% | −2.20 |
| RVMD Revolution Medicines Inc. | Reduce -81.2% | 0.73% | −1.63 |
| ZM Zoom Communications Inc. | Reduce -67.0% | 0.59% | −1.36 |
| CRC California Resources Corp. | Reduce -55.6% | 0.51% | −1.25 |
| AXSM Axsome Therapeutics Inc. | Sold out | 0.00% | −1.14 |
| CVX Chevron Corp. | Sold out | 0.00% | −1.05 |
| MU Micron Technology Inc. | Reduce -89.1% | 0.46% | −1.00 |
| NGL NGL Energy Partners LP | Sold out | 0.00% | −0.97 |
| LRCX Lam Research Corp. | Reduce -82.7% | 0.37% | −0.87 |
| TERN Terns Pharmaceuticals Inc. | Sold out | 0.00% | −0.79 |
| GM General Motors Co. | Sold out | 0.00% | −0.77 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.76 |
| NYT New York Times Co. Class A | Sold out | 0.00% | −0.71 |
| ZYME Zymeworks Inc. | Reduce -19.4% | 1.67% | −0.66 |
| HCI Hci Group Inc. | Sold out | 0.00% | −0.65 |
| FHI Federated Hermes Inc. | Reduce -68.2% | 0.23% | −0.64 |
| ASA ASA Gold and Precious Metals | Sold out | 0.00% | −0.63 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.63 |
| JLL Jones Lang Lasalle Inc. | Reduce -50.9% | 0.46% | −0.62 |
| GRVY Gravity Co. Ltd.-Sponsored ADR | Sold out | 0.00% | −0.62 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.60 |
| EMBC Embecta Corp. | Sold out | 0.00% | −0.55 |
| ASO Academy Sports & Outdoors Inc. | Sold out | 0.00% | −0.54 |
| MRP Millrose Properties | Sold out | 0.00% | −0.54 |
| CLYM Climb Bio Inc. | Reduce -68.1% | 0.58% | −0.54 |
| MIAX Miami International Holdings | Sold out | 0.00% | −0.54 |
| AHCO Adapthealth Corp. | Reduce -21.1% | 0.75% | −0.52 |
| EM Smart Share Global Ltd. - ADR | Sold out | 0.00% | −0.52 |
| PARR Par Pacific Holdings Inc. | Reduce -11.1% | 1.07% | −0.51 |
| TARS Tarsus Pharmaceuticals Inc. | Sold out | 0.00% | −0.50 |
| TALK Talkspace Inc. | Reduce -40.0% | 0.52% | −0.50 |
| MOMO Hello Group Inc. -SPN ADR | Reduce -43.3% | 0.47% | −0.50 |
| AVT Avnet Inc. | Sold out | 0.00% | −0.46 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.46 |
| MRK Merck & Co. Inc. | Reduce -56.1% | 0.31% | −0.46 |
| BLTE Belite Bio Inc. - ADR | Reduce -0.4% | 2.03% | −0.45 |
| DSGN Design Therapeutics Inc. | Reduce -48.5% | 0.66% | −0.45 |
| BWA Borgwarner Inc. | Sold out | 0.00% | −0.44 |
| AXGN Axogen Inc. | Sold out | 0.00% | −0.43 |
| TPH Tri Pointe Homes Inc. | Sold out | 0.00% | −0.43 |
| SVRA Savara Inc. | Reduce -51.9% | 0.36% | −0.42 |
| CCSI Consensus Cloud Solution | Sold out | 0.00% | −0.40 |
| BNY Bank of New York Mellon Corp. | Reduce -35.8% | 0.80% | −0.40 |
| ATAI Ataibeckley Inc. | Reduce -55.8% | 0.51% | −0.40 |
| KOD Kodiak Sciences Inc. | Sold out | 0.00% | −0.39 |
| DAKT Daktronics Inc. | Sold out | 0.00% | −0.39 |
| SLAB Silicon Laboratories Inc. | Sold out | 0.00% | −0.39 |
| DXC DXC Technology Co. | Sold out | 0.00% | −0.38 |
Portfolio Buys Q1 2026 → Q2 2026
| AAPL Apple Inc. | New | 2.06% | +2.06 |
| XFOR X4 Pharmaceuticals Inc. | New | 1.57% | +1.57 |
| JBIO Jade Biosciences Inc. | New | 1.20% | +1.20 |
| CSCO Cisco Systems Inc. | New | 1.16% | +1.16 |
| TARA Protara Therapeutic Inc. | New | 1.14% | +1.14 |
| TYRA Tyra Biosciences Inc. | New | 1.10% | +1.10 |
| SLDE Slide Insurance Holdings Inc. | Add +197.1% | 1.69% | +1.07 |
| GOOGL Alphabet Inc. Class A | New | 0.99% | +0.99 |
| NUVL Nuvalent Inc. Class A | New | 0.96% | +0.96 |
| WHWK Whitehawk Therapeutics Inc. | Add +161.1% | 1.32% | +0.87 |
| NTCT Netscout Systems Inc. | Add +125.0% | 1.38% | +0.85 |
| VZ Verizon Communications Inc. | New | 0.85% | +0.85 |
| MYE Myers Industries Inc. | New | 0.83% | +0.83 |
| ELVN Enliven Therapeutics Inc. | New | 0.82% | +0.82 |
| UVE Universal Insurance Holdings | New | 0.81% | +0.81 |
| CNXN PC Connection Inc. | New | 0.77% | +0.77 |
| ALL Allstate Corp. | New | 0.75% | +0.75 |
| CLDX Celldex Therapeutics Inc. | New | 0.74% | +0.74 |
| VSNT Versant Media Group Inc. | Add +129.0% | 1.50% | +0.71 |
| MATV Mativ Holdings Inc. | New | 0.65% | +0.65 |
| CMCSA Comcast Corp. Class A | Add +103.5% | 1.99% | +0.65 |
| GERN Geron Corp. | New | 0.61% | +0.61 |
| EWTX Edgewise Therapeutics Inc. | Add +108.7% | 1.06% | +0.60 |
| JANX Janux Therapeutics Inc. | New | 0.59% | +0.59 |
| AVTX Avalo Therapeutics Inc. | New | 0.58% | +0.58 |
| VMD Viemed Healthcare Inc. | New | 0.58% | +0.58 |
| AMN Amn Healthcare Services Inc. | Add +3.8% | 1.61% | +0.58 |
| BMY Bristol-Myers Squibb Co. | New | 0.57% | +0.57 |
| OPY Oppenheimer Holdings Class A | Add +153.5% | 0.88% | +0.53 |
| BLMN Bloomin' Brands Inc. | Add +30.0% | 1.14% | +0.53 |
| NVDA Nvidia Corp. | New | 0.52% | +0.52 |
| URGN Urogen Pharma Ltd. | New | 0.51% | +0.51 |
| VERA Vera Therapeutics Inc. | Add +130.7% | 0.97% | +0.50 |
| CTMX Cytomx Therapeutics Inc. | Add +484.4% | 0.63% | +0.47 |
| NHC National Healthcare Corp. | New | 0.46% | +0.46 |
| APA Apa Corp. | New | 0.45% | +0.45 |
| RMR RMR Group Inc./the - A | New | 0.44% | +0.44 |
| FULC Fulcrum Therapeutics Inc. | New | 0.44% | +0.44 |
| SNX TD Synnex Corp. | Add +92.3% | 0.71% | +0.44 |
| SEPN Septerna Inc. | New | 0.42% | +0.42 |
| MOV Movado Group Inc. | Add +74.6% | 0.71% | +0.41 |
| IMKTA Ingles Markets Inc. Class A | New | 0.40% | +0.40 |
| DSP Viant Technology Inc. Class A | New | 0.39% | +0.39 |
| QCOM Qualcomm Inc. | New | 0.38% | +0.38 |
| IBIO Ibio Inc. | Add +430.8% | 0.50% | +0.38 |
| MAZE Maze Therapeutics Inc. | New | 0.36% | +0.36 |
| SNDK Sandisk Corp. | New | 0.35% | +0.35 |
| GLW Corning Inc. | New | 0.35% | +0.35 |
| WDC Western Digital Corp. | New | 0.35% | +0.35 |
| NATR Natures Sunshine Prods Inc. | New | 0.34% | +0.34 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 210 | $104.4M | AAPL, BLTE, ACAD, CMCSA, CLDT |
| Q1 2026 | 179 | $88.8M | BLTE, STT, ATHM, RVMD, ZYME |
| Q4 2025 | 104 | $87.4M | C, TJX, JNJ, CMCSA, CVX |
| Q3 2024 | 92 | $74.9M | BRK.B, TJX, TMUS, WMT, MSFT |
| Q2 2024 | 110 | $86.6M | TJX, BRK.B, WMT, TMUS, HYG |
| Q1 2024 | 147 | $91.9M | TJX, STLA, COR, WMT, VST |