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Varde Management, L.P.

hedge fundUpdated 27 days ago

Managed by Varde Management, L.P. • Latest filing Q2 2026

Portfolio value
$68.4M
Q2 2026
Filings
14
Quarterly 13F history
Top-10 concentration
98.1%
Weight of largest holdings
Annualized return
-29.0%
Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 14 quarters

Show data table
PeriodPortfolio value
Q1 2023$137.7M
Q2 2023$168.8M
Q3 2023$166.3M
Q4 2023$72.6M
Q1 2024$43M
Q2 2024$30.4M
Q3 2024$117.5M
Q4 2024$121.7M
Q1 2025$142.7M
Q2 2025$75.5M
Q3 2025$75.2M
Q4 2025$37.4M
Q1 2026$49.3M
Q2 2026$68.4M

Top holdings

5 positions as of Q2 2026

View filing
J
1.JLL

Ziff Davis Inc

Value
$32.7M
Shares
624.0K
% Port
47.76%
S

Surgery Partners Inc

Value
$16.9M
Shares
1.00M
% Port
24.64%
E

EchoStar Corp

Value
$16.2M
Shares
159.4K
% Port
23.65%
?
4.N/A

ZipRecruiter Inc

Value
$1.4M
Shares
371.5K
% Port
2.04%
D

Trump Media & Technology Group Corp

Value
$1.3M
Shares
8.5K
% Port
1.91%

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