Verdad Advisers, LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Verdad Advisers, LP reported 92 stock positions worth $74.9 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 6.2% of the portfolio, followed by TJX Companies (TJX, 5.0%) and T-Mobile US (TMUS, 3.7%). Compared with Q2 2024, it opened 29 new positions, sold out of 47, added to 21 and reduced 31. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +52%) and the biggest sale an exit from Ishr Ibx Usd Hiyld CB ETF-Ui (HYG).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001812822
- Portfolio Value
- $74.9M (Q3 2024)
- SEC Filing
- 0001420506-24-002479 ↗ filed Nov 14, 2024
Holdings Value
Holdings 92 stocks · $74.9M
| BRK.B Berkshire Hathaway Inc. Class B | 6.21% | 10,099 | $4.6M | Add +52.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 4.99% | 31,814 | $3.7M | Add +18.6% |
| TMUS T-Mobile US Inc. | 3.74% | 13,585 | $2.8M | Add +8.4% |
| WMT Walmart Inc. | 3.52% | 32,691 | $2.6M | Reduce -5.3% |
| MSFT Microsoft Corp. | 3.15% | 5,491 | $2.4M | Add +91.8% |
| AAPL Apple Inc. | 2.53% | 8,120 | $1.9M | Add +294.0% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 2.25% | 1,623 | $1.7M | Add +32.7% |
| ELV Elevance Health Inc. | 2.18% | 3,134 | $1.6M | Add +4.0% |
| JLL Jones Lang Lasalle Inc. | 2.15% | 5,972 | $1.6M | Reduce -4.7% |
| LMT Lockheed Martin Corp. | 1.82% | 2,338 | $1.4M | New |
| MRK Merck & Co. Inc. | 1.82% | 11,988 | $1.4M | No change |
| KR Kroger Co. | 1.76% | 23,036 | $1.3M | Reduce -5.0% |
| SNX TD Synnex Corp. | 1.75% | 10,944 | $1.3M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.68% | 5,677 | $1.3M | Add +4.7% |
| UNH Unitedhealth Group Inc. | 1.36% | 1,743 | $1.0M | Add +26.2% |
| RTX RTX Corp. | 1.35% | 8,318 | $1.0M | New |
| MG Mistras Group Inc. | 1.30% | 85,600 | $973K | Reduce -19.2% |
| COR Cencora Inc. | 1.29% | 4,299 | $968K | Reduce -44.3% |
| CFG Citizens Financial Group | 1.28% | 12,743 | $961K | Reduce -1.2% |
| ACI Albertsons Cos Inc. Class A | 1.26% | 51,015 | $943K | No change |
| INTU Intuit Inc. | 1.23% | 1,489 | $925K | Add +1.4% |
| STLA Stellantis NV | 1.21% | 64,421 | $905K | Reduce -17.2% |
| MSI Motorola Solutions Inc. | 1.18% | 1,959 | $881K | New |
| ASO Academy Sports & Outdoors Inc. | 1.17% | 15,000 | $875K | Reduce -16.7% |
| JNJ Johnson & Johnson | 1.12% | 5,171 | $838K | Add +7.5% |
| CSCO Cisco Systems Inc. | 1.11% | 15,552 | $828K | New |
| COST Costco Wholesale Corp. | 1.10% | 929 | $824K | Reduce -52.6% |
| IBKR Interactive Brokers Gro Class A | 1.08% | 5,794 | $807K | Add +39.6% |
| NOC Northrop Grumman Corp. | 1.06% | 1,497 | $791K | New |
| NUE Nucor Corp. | 1.06% | 5,257 | $790K | Reduce -3.8% |
| BSX Boston Scientific Corp. | 1.00% | 8,951 | $750K | Reduce -19.2% |
| VRTX Vertex Pharmaceuticals Inc. | 1.00% | 1,611 | $749K | New |
| XOM Exxon Mobil Corp. | 0.98% | 6,276 | $736K | Add +27.1% |
| RS Reliance Inc. | 0.97% | 2,500 | $723K | No change |
| VLGEA Village Super Market Class A | 0.96% | 22,500 | $715K | Add +12.5% |
| V Visa Inc. Class A | 0.94% | 2,568 | $706K | Add +102.5% |
| VTRS Viatris Inc. | 0.93% | 60,000 | $697K | Reduce -20.0% |
| T AT&T Inc. | 0.92% | 31,259 | $688K | New |
| REGN Regeneron Pharmaceuticals | 0.90% | 643 | $676K | Reduce -52.0% |
| ABBV Abbvie Inc. | 0.90% | 3,422 | $676K | New |
| PGR Progressive Corp. | 0.89% | 2,623 | $666K | Reduce -24.8% |
| JNPR Juniper Networks Inc. | 0.89% | 17,039 | $664K | Add +61.7% |
| SNFCA Security Natl Finl Corp. Class A | 0.88% | 71,941 | $662K | Add +3.5% |
| LOW Lowe's Cos Inc. | 0.88% | 8,331 | $659K | No change |
| HIG Hartford Insurance Group Inc. | 0.88% | 5,599 | $658K | Reduce -56.7% |
| SFM Sprouts Farmers Market Inc. | 0.85% | 5,784 | $639K | Reduce -13.8% |
| JILL J. Jill Inc. | 0.82% | 25,000 | $617K | Add +42.9% |
| HRTG Heritage Insurance Holdings | 0.81% | 49,500 | $606K | Reduce -10.0% |
| CHKP Check Point Software Tech | 0.77% | 2,977 | $574K | Reduce -53.8% |
| ACN Accenture PLC Class A | 0.76% | 1,606 | $568K | New |
| PKOH Park-Ohio Holdings Corp. | 0.75% | 18,300 | $562K | Add +4.6% |
| ADBE Adobe Inc. | 0.73% | 1,059 | $548K | New |
| DUK Duke Energy Corp. | 0.73% | 4,716 | $544K | New |
| LRN Stride Inc. | 0.71% | 6,258 | $534K | No change |
| MRSH Marsh & McLennan Cos | 0.71% | 2,372 | $529K | New |
| AMZN Amazon.com Inc. | 0.70% | 2,808 | $523K | Reduce -60.0% |
| WM Waste Management Inc. | 0.70% | 2,519 | $523K | New |
| CNC Centene Corp. | 0.69% | 6,913 | $520K | Reduce -39.0% |
| JPM JPMorgan Chase & Co. | 0.68% | 2,422 | $511K | New |
| SPGI S&P Global Inc. | 0.68% | 987 | $510K | New |
| CME Cme Group Inc. | 0.67% | 2,278 | $503K | New |
| RL Ralph Lauren Corp. | 0.66% | 2,565 | $497K | No change |
| SND Smart Sand Inc. | 0.66% | 250,000 | $493K | No change |
| PAGP Plains GP Holdings LP | 0.64% | 25,791 | $477K | No change |
| LIN Linde PLC | 0.62% | 980 | $467K | Reduce -17.3% |
| SGC Superior Group of Cos Inc. | 0.62% | 30,000 | $465K | No change |
| EOG EOG Resources Inc. | 0.60% | 3,668 | $451K | New |
| CRM Salesforce Inc. | 0.60% | 1,642 | $449K | New |
| FFWM First Foundation Inc. | 0.58% | 70,000 | $437K | Reduce -12.5% |
| ULH Universal Logistics Holdings | 0.58% | 10,000 | $431K | Reduce -20.0% |
| MCS Marcus Corporation | 0.55% | 27,500 | $414K | Reduce -31.3% |
| FLEX Flex Ltd. | 0.55% | 12,389 | $414K | Reduce -29.1% |
| TRV The Travelers Cos Inc. | 0.55% | 1,744 | $408K | Reduce -38.4% |
| ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW | 0.52% | 25,000 | $392K | Add +11.1% |
| GOOGL Alphabet Inc. Class A | 0.51% | 2,321 | $385K | Reduce -63.5% |
| FISV Fiserv Inc. | 0.50% | 2,091 | $376K | Reduce -18.6% |
| CVX Chevron Corp. | 0.50% | 2,518 | $371K | New |
| PEP Pepsico Inc. | 0.49% | 2,171 | $369K | New |
| ADP Automatic Data Processing | 0.49% | 1,330 | $368K | New |
| BRY Berry Corp. | 0.48% | 70,351 | $362K | New |
| ZEUS Olympic Steel Inc. | 0.47% | 9,000 | $351K | Add +20.0% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.47% | 5,021 | $350K | New |
| MUSA Murphy USA Inc. | 0.47% | 710 | $350K | Reduce -64.5% |
| RYZ Ryerson Holding Corp. | 0.47% | 17,500 | $348K | No change |
| FDX FedEx Corp. | 0.45% | 1,223 | $335K | New |
| RSG Republic Services Inc. | 0.43% | 1,588 | $319K | Reduce -47.4% |
| CXW Corecivic Inc. | 0.42% | 25,000 | $316K | Reduce -58.3% |
| O Realty Income Corp. | 0.42% | 4,951 | $314K | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.36% | 500 | $269K | New |
| AXONICS INC | 0.36% | 3,842 | $267K | New |
| CACI Caci International Inc. Class A | 0.32% | 482 | $243K | New |
| EDR Endeavor Group Hold Class A | 0.27% | 7,106 | $203K | New |
Portfolio Sells Q2 2024 → Q3 2024
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −2.46 |
| VST Vistra Corp. | Sold out | 0.00% | −1.79 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −1.51 |
| PSX Phillips 66 | Sold out | 0.00% | −1.17 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −1.16 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −1.02 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −1.00 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.91 |
| JXN Jackson Financial Inc. Class A | Sold out | 0.00% | −0.89 |
| AMZN Amazon.com Inc. | Reduce -60.0% | 0.70% | −0.87 |
| COST Costco Wholesale Corp. | Reduce -52.6% | 1.10% | −0.83 |
| GOOGL Alphabet Inc. Class A | Reduce -63.5% | 0.51% | −0.82 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.79 |
| CB Chubb Ltd. | Sold out | 0.00% | −0.78 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.77 |
| SBOW Silverbow Resources Inc. | Sold out | 0.00% | −0.76 |
| CRBG Corebridge Financial Inc. | Sold out | 0.00% | −0.76 |
| REGN Regeneron Pharmaceuticals | Reduce -52.0% | 0.90% | −0.72 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.72 |
| ARC Arc Document Solutions Inc. | Sold out | 0.00% | −0.72 |
| COR Cencora Inc. | Reduce -44.3% | 1.29% | −0.72 |
| NSIT Insight Enterprises Inc. | Sold out | 0.00% | −0.71 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.66 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −0.65 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.64 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.64 |
| ADMA Adma Biologics Inc. | Sold out | 0.00% | −0.63 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.63 |
| CVLT Commvault Systems Inc. | Sold out | 0.00% | −0.62 |
| HIG Hartford Insurance Group Inc. | Reduce -56.7% | 0.88% | −0.62 |
| MUSA Murphy USA Inc. | Reduce -64.5% | 0.47% | −0.62 |
| THC Tenet Healthcare Corp. | Sold out | 0.00% | −0.59 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.58 |
| STLA Stellantis NV | Reduce -17.2% | 1.21% | −0.57 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.57 |
| GE General Electric | Sold out | 0.00% | −0.57 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.52 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.51 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.50 |
| APG Api Group Corp. | Sold out | 0.00% | −0.49 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.48 |
| CXW Corecivic Inc. | Reduce -58.3% | 0.42% | −0.48 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.47 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.47 |
| CHKP Check Point Software Tech | Reduce -53.8% | 0.77% | −0.46 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.46 |
| GM General Motors Co. | Sold out | 0.00% | −0.45 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.45 |
| CASY Casey's General Stores Inc. | Sold out | 0.00% | −0.44 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.44 |
Portfolio Buys Q2 2024 → Q3 2024
| BRK.B Berkshire Hathaway Inc. Class B | Add +52.4% | 6.21% | +3.09 |
| AAPL Apple Inc. | Add +294.0% | 2.53% | +2.02 |
| LMT Lockheed Martin Corp. | New | 1.82% | +1.82 |
| MSFT Microsoft Corp. | Add +91.8% | 3.15% | +1.68 |
| TJX TJX Companies Inc. | Add +18.6% | 4.99% | +1.58 |
| RTX RTX Corp. | New | 1.35% | +1.35 |
| TMUS T-Mobile US Inc. | Add +8.4% | 3.74% | +1.19 |
| MSI Motorola Solutions Inc. | New | 1.18% | +1.18 |
| CSCO Cisco Systems Inc. | New | 1.11% | +1.11 |
| NOC Northrop Grumman Corp. | New | 1.06% | +1.06 |
| VRTX Vertex Pharmaceuticals Inc. | New | 1.00% | +1.00 |
| GWW WW Grainger Inc. | Add +32.7% | 2.25% | +0.98 |
| T AT&T Inc. | New | 0.92% | +0.92 |
| ABBV Abbvie Inc. | New | 0.90% | +0.90 |
| ACN Accenture PLC Class A | New | 0.76% | +0.76 |
| ADBE Adobe Inc. | New | 0.73% | +0.73 |
| DUK Duke Energy Corp. | New | 0.73% | +0.73 |
| MRSH Marsh & McLennan Cos | New | 0.71% | +0.71 |
| WM Waste Management Inc. | New | 0.70% | +0.70 |
| JPM JPMorgan Chase & Co. | New | 0.68% | +0.68 |
| SPGI S&P Global Inc. | New | 0.68% | +0.68 |
| CME Cme Group Inc. | New | 0.67% | +0.67 |
| EOG EOG Resources Inc. | New | 0.60% | +0.60 |
| CRM Salesforce Inc. | New | 0.60% | +0.60 |
| IBM Intl Business Machines Corp. | Add +4.7% | 1.68% | +0.59 |
| V Visa Inc. Class A | Add +102.5% | 0.94% | +0.56 |
| UNH Unitedhealth Group Inc. | Add +26.2% | 1.36% | +0.55 |
| CVX Chevron Corp. | New | 0.50% | +0.50 |
| PEP Pepsico Inc. | New | 0.49% | +0.49 |
| ADP Automatic Data Processing | New | 0.49% | +0.49 |
| IBKR Interactive Brokers Gro Class A | Add +39.6% | 1.08% | +0.49 |
| BRY Berry Corp. | New | 0.48% | +0.48 |
| ZM Zoom Communications Inc. | New | 0.47% | +0.47 |
| FDX FedEx Corp. | New | 0.45% | +0.45 |
| JNPR Juniper Networks Inc. | Add +61.7% | 0.89% | +0.44 |
| O Realty Income Corp. | New | 0.42% | +0.42 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.36% | +0.36 |
| AXONICS INC | New | 0.36% | +0.36 |
| VLGEA Village Super Market Class A | Add +12.5% | 0.96% | +0.35 |
| XOM Exxon Mobil Corp. | Add +27.1% | 0.98% | +0.33 |
| CACI Caci International Inc. Class A | New | 0.32% | +0.32 |
| JNJ Johnson & Johnson | Add +7.5% | 1.12% | +0.31 |
| ELV Elevance Health Inc. | Add +4.0% | 2.18% | +0.29 |
| EDR Endeavor Group Hold Class A | New | 0.27% | +0.27 |
| SNFCA Security Natl Finl Corp. Class A | Add +3.5% | 0.88% | +0.24 |
| PKOH Park-Ohio Holdings Corp. | Add +4.6% | 0.75% | +0.23 |
| ACH Accendra Health Inc. | Add +11.1% | 0.52% | +0.17 |
| INTU Intuit Inc. | Add +1.4% | 1.23% | +0.12 |
| JILL J. Jill Inc. | Add +42.9% | 0.82% | +0.12 |
| ZEUS Olympic Steel Inc. | Add +20.0% | 0.47% | +0.08 |
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 |