Verdad Advisers, LP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), Verdad Advisers, LP reported 110 stock positions worth $86.6 million. Its top holding was TJX Companies (TJX) at 3.4% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 3.1%) and Walmart (WMT, 2.7%). Compared with Q1 2024, it opened 16 new positions, sold out of 53, added to 40 and reduced 28. The biggest buy was a new position in Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) and the biggest sale an exit from Salesforce (CRM).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001812822
Portfolio Value
$86.6M (Q2 2024)
SEC Filing
0001420506-24-001264 ↗ filed Aug 6, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $91.9M Q1 2024 Q2 2024: $86.6M $86.6M Q2 2024 Q3 2024: $74.9M Q3 2024 Q4 2025: $87.4M Q4 2025 Q1 2026: $88.8M Q1 2026 Q2 2026: $104.4M Q2 2026

Holdings 110 stocks · $86.6M
TJX TJX Companies Inc. filed as TJX COS INC NEW 3.41% 26,835 $3.0M Reduce -2.1%
BRK.B Berkshire Hathaway Inc. Class B 3.11% 6,628 $2.7M Add +68.3%
WMT Walmart Inc. 2.70% 34,529 $2.3M Add +7.2%
TMUS T-Mobile US Inc. 2.55% 12,527 $2.2M Add +30.2%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 2.46% 27,650 $2.1M New
COR Cencora Inc. 2.01% 7,716 $1.7M Reduce -3.6%
COST Costco Wholesale Corp. 1.92% 1,961 $1.7M Reduce -16.3%
ELV Elevance Health Inc. 1.89% 3,015 $1.6M Add +40.2%
VST Vistra Corp. 1.79% 18,006 $1.5M Reduce -27.6%
STLA Stellantis NV 1.78% 77,766 $1.5M No change
MRK Merck & Co. Inc. 1.71% 11,988 $1.5M Reduce -1.8%
REGN Regeneron Pharmaceuticals 1.63% 1,340 $1.4M Add +6.4%
AMZN Amazon.com Inc. 1.57% 7,015 $1.4M Add +96.9%
NVDA Nvidia Corp. 1.51% 10,552 $1.3M Add +33.1%
HIG Hartford Insurance Group Inc. 1.50% 12,924 $1.3M Add +101.7%
JLL Jones Lang Lasalle Inc. 1.49% 6,265 $1.3M Add +44.6%
MSFT Microsoft Corp. 1.48% 2,863 $1.3M Add +78.8%
SNX TD Synnex Corp. 1.46% 10,944 $1.3M Add +62.2%
KR Kroger Co. 1.40% 24,252 $1.2M Add +30.3%
GOOGL Alphabet Inc. Class A 1.34% 6,356 $1.2M Add +41.5%
CFG Citizens Financial Group 1.30% 12,900 $1.1M Reduce -35.5%
GWW WW Grainger Inc. filed as GRAINGER W W INC 1.27% 1,223 $1.1M Add +68.7%
CHKP Check Point Software Tech 1.23% 6,446 $1.1M Add +54.0%
PSX Phillips 66 1.17% 7,168 $1.0M No change
QCOM Qualcomm Inc. 1.16% 5,060 $1.0M Add +62.1%
ACI Albertsons Cos Inc. Class A 1.16% 51,015 $1.0M Add +9.0%
INTU Intuit Inc. 1.11% 1,468 $965K Reduce -15.9%
ASO Academy Sports & Outdoors Inc. 1.11% 18,000 $959K Reduce -20.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.08% 5,424 $938K Reduce -25.0%
MUSA Murphy USA Inc. 1.08% 1,998 $938K Add +45.2%
AMAT Applied Materials Inc. 1.02% 3,747 $884K Reduce -17.8%
MG Mistras Group Inc. 1.01% 105,995 $879K Reduce -5.4%
ROP Roper Technologies Inc. 1.00% 1,543 $870K Add +77.0%
NUE Nucor Corp. 1.00% 5,464 $864K Add +9161.0%
BSX Boston Scientific Corp. 0.99% 11,080 $853K No change
VTRS Viatris Inc. 0.92% 75,000 $797K No change
MPC Marathon Petroleum Corp. 0.91% 4,558 $791K Reduce -26.1%
CXW Corecivic Inc. 0.90% 60,000 $779K Reduce -14.3%
JXN Jackson Financial Inc. Class A 0.89% 10,330 $767K Reduce -7.3%
CNC Centene Corp. 0.87% 11,324 $751K Reduce -2.2%
PGR Progressive Corp. 0.84% 3,489 $725K Add +77.7%
RS Reliance Inc. 0.82% 2,500 $714K No change
UNH Unitedhealth Group Inc. 0.81% 1,381 $703K Add +32.5%
JNJ Johnson & Johnson 0.81% 4,808 $703K Add +64.4%
PCAR Paccar Inc. 0.79% 6,663 $686K No change
CB Chubb Ltd. 0.78% 2,641 $674K Add +26.4%
EME Emcor Group Inc. 0.77% 1,815 $663K New
SBOW Silverbow Resources Inc. 0.76% 17,500 $662K No change
CRBG Corebridge Financial Inc. 0.76% 22,551 $657K No change
CMG Chipotle Mexican Grill Inc. 0.72% 9,950 $623K Add +87.7%
LOW Lowe's Cos Inc. 0.72% 8,331 $623K No change
ARC Arc Document Solutions Inc. 0.72% 234,900 $620K Reduce -45.0%
NSIT Insight Enterprises Inc. 0.71% 3,119 $619K Add +31.2%
JILL J. Jill Inc. 0.71% 17,500 $612K No change
RSG Republic Services Inc. 0.68% 3,016 $586K No change
TRV The Travelers Cos Inc. 0.66% 2,830 $575K No change
APO Apollo Global Management Inc. 0.66% 4,869 $575K No change
XOM Exxon Mobil Corp. 0.66% 4,938 $568K Add +86.6%
SGC Superior Group of Cos Inc. 0.66% 30,000 $567K No change
SFM Sprouts Farmers Market Inc. 0.65% 6,712 $562K New
ANF Abercrombie & Fitch Co. Class A 0.65% 3,151 $560K No change
LLY Eli Lilly & Co. 0.64% 615 $557K Reduce -26.5%
META Meta Platforms Inc. Class A 0.64% 1,103 $556K Reduce -47.5%
SNFCA Security Natl Finl Corp. Class A 0.64% 69,496 $555K Reduce -17.7%
ADMA Adma Biologics Inc. 0.63% 49,018 $548K New
LRCX Lam Research Corp. 0.63% 514 $547K Reduce -33.5%
CVLT Commvault Systems Inc. 0.62% 4,434 $539K New
VLGEA Village Super Market Class A 0.61% 20,000 $528K Add +15.8%
SND Smart Sand Inc. 0.61% 250,000 $528K No change
FFWM First Foundation Inc. 0.61% 80,000 $524K Reduce -39.7%
LIN Linde PLC 0.60% 1,185 $520K New
FLEX Flex Ltd. 0.60% 17,475 $515K Add +108.0%
IBKR Interactive Brokers Gro Class A 0.59% 4,151 $509K New
ULH Universal Logistics Holdings 0.59% 12,500 $507K Reduce -38.0%
THC Tenet Healthcare Corp. 0.59% 3,809 $507K New
DECK Deckers Outdoor Corp. 0.58% 516 $499K Add +20.3%
MCK McKesson Corp. 0.57% 845 $494K Add +80.2%
GE General Electric filed as GE AEROSPACE 0.57% 3,101 $493K Reduce -25.2%
PAGP Plains GP Holdings LP 0.56% 25,791 $485K New
MCS Marcus Corporation 0.53% 40,000 $455K Reduce -51.5%
SKX Skechers USA Inc. Class A 0.52% 6,571 $454K No change
PKOH Park-Ohio Holdings Corp. 0.52% 17,500 $453K Add +16.7%
RL Ralph Lauren Corp. 0.52% 2,565 $449K Add +28.6%
CRWD CrowdStrike Holdings Inc. Class A 0.51% 1,163 $446K No change
LRN Stride Inc. 0.51% 6,258 $441K No change
ACGL Arch Capital Group Ltd. 0.50% 4,332 $437K New
AAPL Apple Inc. 0.50% 2,061 $434K Reduce -7.6%
APG Api Group Corp. 0.49% 11,163 $420K New
CNM Core & Main Inc. Class A 0.48% 8,570 $419K Add +116.6%
ALL Allstate Corp. 0.47% 2,526 $403K No change
MU Micron Technology Inc. 0.47% 3,065 $403K New
CDNS Cadence Design SYS Inc. 0.46% 1,297 $399K Add +46.1%
GM General Motors Co. 0.45% 8,470 $394K Add +9.7%
WSM Williams-Sonoma Inc. 0.45% 1,386 $391K New
HRTG Heritage Insurance Holdings 0.45% 55,000 $389K New
JNPR Juniper Networks Inc. 0.44% 10,538 $384K No change
FISV Fiserv Inc. 0.44% 2,568 $383K Reduce -54.2%
CASY Casey's General Stores Inc. 0.44% 990 $378K No change
PH Parker Hannifin Corp. 0.44% 746 $377K No change
APP AppLovin Corp. Class A 0.44% 4,534 $377K Add +117.8%
BLDR Builders Firstsource Inc. 0.42% 2,659 $368K Reduce -23.9%
EA Electronic Arts Inc. 0.41% 2,525 $352K New
AMR Alpha Metallurgical Resource 0.40% 1,237 $347K No change
RYZ Ryerson Holding Corp. 0.39% 17,500 $341K Reduce -41.7%
CI The Cigna Group 0.39% 1,031 $341K Add +43.8%
ZEUS Olympic Steel Inc. 0.39% 7,500 $336K Add +15.4%
V Visa Inc. Class A 0.38% 1,268 $333K Add +90.4%
DKS Dick's Sporting Goods Inc. 0.37% 1,511 $325K New
PFGC Performance Food Group Co. 0.36% 4,727 $313K No change
ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW 0.35% 22,500 $304K No change

Portfolio Sells Q1 2024 → Q2 2024
CRM Salesforce Inc. Sold out 0.00% −1.68
KKR KKR & Co. Inc. Sold out 0.00% −1.09
WM Waste Management Inc. Sold out 0.00% −0.84
AVGO Broadcom Inc. Sold out 0.00% −0.80
PAA Plains All Amer Pipeline LP Sold out 0.00% −0.76
MCS Marcus Corporation Reduce -51.5% 0.53% −0.75
DHI D.R. Horton Inc. Sold out 0.00% −0.75
LEN Lennar Corp. Class A Sold out 0.00% −0.70
RYZ Ryerson Holding Corp. Reduce -41.7% 0.39% −0.70
ACN Accenture PLC Class A Sold out 0.00% −0.67
ARC Arc Document Solutions Inc. Reduce -45.0% 0.72% −0.57
ASO Academy Sports & Outdoors Inc. Reduce -20.0% 1.11% −0.55
UBER Uber Technologies Inc. Sold out 0.00% −0.55
FISV Fiserv Inc. Reduce -54.2% 0.44% −0.53
AMD Advanced Micro Devices Sold out 0.00% −0.50
ABBV Abbvie Inc. Sold out 0.00% −0.49
FFWM First Foundation Inc. Reduce -39.7% 0.61% −0.48
META Meta Platforms Inc. Class A Reduce -47.5% 0.64% −0.47
JPM JPMorgan Chase & Co. Sold out 0.00% −0.46
COF Capital One Financial Corp. Sold out 0.00% −0.46
MPC Marathon Petroleum Corp. Reduce -26.1% 0.91% −0.44
GAP The Gap Inc. Sold out 0.00% −0.43
IBM Intl Business Machines Corp. Reduce -25.0% 1.08% −0.42
VZ Verizon Communications Inc. Sold out 0.00% −0.42
BKNG Booking Holdings Inc. Sold out 0.00% −0.39
PLD Prologis Inc. Sold out 0.00% −0.39
CAH Cardinal Health Inc. Sold out 0.00% −0.37
BLDR Builders Firstsource Inc. Reduce -23.9% 0.42% −0.37
MA Mastercard Inc. Class A Sold out 0.00% −0.36
PHM Pultegroup Inc. Sold out 0.00% −0.36
MOH Molina Healthcare Inc. Sold out 0.00% −0.35
HCA HCA Healthcare Inc. Sold out 0.00% −0.34
EXPD Expeditors Intl Wash Inc. Sold out 0.00% −0.34
GD General Dynamics Corp. Sold out 0.00% −0.33
HOLI Hollysys Automation Technolo Sold out 0.00% −0.33
ULTA Ulta Beauty Inc. Sold out 0.00% −0.33
BHP BHP Group Ltd.-Spon ADR Sold out 0.00% −0.32
NFLX Netflix Inc. Sold out 0.00% −0.32
ROST Ross Stores Inc. Sold out 0.00% −0.32
T AT&T Inc. Sold out 0.00% −0.31
INSW International Seaways Inc. Sold out 0.00% −0.30
DOX Amdocs Ltd. Sold out 0.00% −0.30
EQC Equity Commonwealth Sold out 0.00% −0.30
PVH PVH Corp. Sold out 0.00% −0.30
CXW Corecivic Inc. Reduce -14.3% 0.90% −0.29
RNR Renaissancere Holdings Ltd. Sold out 0.00% −0.29
ARW Arrow Electronics Inc. Sold out 0.00% −0.28
ET Energy Transfer LP Sold out 0.00% −0.28
SYK Stryker Corp. Sold out 0.00% −0.27
INTC Intel Corp. Sold out 0.00% −0.26

Portfolio Buys Q1 2024 → Q2 2024
HYG Ishr Ibx Usd Hiyld CB ETF-Ui New 2.46% +2.46
BRK.B Berkshire Hathaway Inc. Class B Add +68.3% 3.11% +1.31
NUE Nucor Corp. Add +9161.0% 1.00% +0.98
AMZN Amazon.com Inc. Add +96.9% 1.57% +0.87
TMUS T-Mobile US Inc. Add +30.2% 2.55% +0.84
HIG Hartford Insurance Group Inc. Add +101.7% 1.50% +0.78
EME Emcor Group Inc. New 0.77% +0.77
MSFT Microsoft Corp. Add +78.8% 1.48% +0.74
NVDA Nvidia Corp. Add +33.1% 1.51% +0.73
ELV Elevance Health Inc. Add +40.2% 1.89% +0.67
SFM Sprouts Farmers Market Inc. New 0.65% +0.65
ADMA Adma Biologics Inc. New 0.63% +0.63
SNX TD Synnex Corp. Add +62.2% 1.46% +0.63
CVLT Commvault Systems Inc. New 0.62% +0.62
LIN Linde PLC New 0.60% +0.60
GOOGL Alphabet Inc. Class A Add +41.5% 1.34% +0.60
WMT Walmart Inc. Add +7.2% 2.70% +0.59
QCOM Qualcomm Inc. Add +62.1% 1.16% +0.59
IBKR Interactive Brokers Gro Class A New 0.59% +0.59
THC Tenet Healthcare Corp. New 0.59% +0.59
JLL Jones Lang Lasalle Inc. Add +44.6% 1.49% +0.57
PAGP Plains GP Holdings LP New 0.56% +0.56
ACGL Arch Capital Group Ltd. New 0.50% +0.50
APG Api Group Corp. New 0.49% +0.49
CHKP Check Point Software Tech Add +54.0% 1.23% +0.48
ROP Roper Technologies Inc. Add +77.0% 1.00% +0.47
GWW WW Grainger Inc. Add +68.7% 1.27% +0.47
MU Micron Technology Inc. New 0.47% +0.47
MUSA Murphy USA Inc. Add +45.2% 1.08% +0.46
WSM Williams-Sonoma Inc. New 0.45% +0.45
HRTG Heritage Insurance Holdings New 0.45% +0.45
EA Electronic Arts Inc. New 0.41% +0.41
PGR Progressive Corp. Add +77.7% 0.84% +0.39
CMG Chipotle Mexican Grill Inc. Add +87.7% 0.72% +0.38
DKS Dick's Sporting Goods Inc. New 0.37% +0.37
FLEX Flex Ltd. Add +108.0% 0.60% +0.33
XOM Exxon Mobil Corp. Add +86.6% 0.66% +0.32
JNJ Johnson & Johnson Add +64.4% 0.81% +0.31
REGN Regeneron Pharmaceuticals Add +6.4% 1.63% +0.31
MCK McKesson Corp. Add +80.2% 0.57% +0.30
APP AppLovin Corp. Class A Add +117.8% 0.44% +0.28
UNH Unitedhealth Group Inc. Add +32.5% 0.81% +0.25
KR Kroger Co. Add +30.3% 1.40% +0.24
CNM Core & Main Inc. Class A Add +116.6% 0.48% +0.24
NSIT Insight Enterprises Inc. Add +31.2% 0.71% +0.23
CB Chubb Ltd. Add +26.4% 0.78% +0.19
V Visa Inc. Class A Add +90.4% 0.38% +0.18
CDNS Cadence Design SYS Inc. Add +46.1% 0.46% +0.16
DECK Deckers Outdoor Corp. Add +20.3% 0.58% +0.14
RL Ralph Lauren Corp. Add +28.6% 0.52% +0.11

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 210$104.4MAAPL, BLTE, ACAD, CMCSA, CLDT
Q1 2026 179$88.8MBLTE, STT, ATHM, RVMD, ZYME
Q4 2025 104$87.4MC, TJX, JNJ, CMCSA, CVX
Q3 2024 92$74.9MBRK.B, TJX, TMUS, WMT, MSFT
Q2 2024 110$86.6MTJX, BRK.B, WMT, TMUS, HYG
Q1 2024 147$91.9MTJX, STLA, COR, WMT, VST