Varde Management, L.P. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Varde Management, L.P. disclosed 4 US equity positions worth $75.2m in its Q3 2025 13F filing. The largest position was NBR at 79.5% of the reported book, followed by ECHO and Service Pptys Tr. Against the Q2 2025 filing, it opened 2 new positions, added to 0 and reduced 0 among the top 4 holdings.
What did Varde Management, L.P. own in Q3 2025? Top 4 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NBR Nabors Industries Ltd | Energy | 79.5% | $59.8m | 1,718,430 | 0% | held |
| 2 | ECHO EchoStar Corp | Communication Services | 14.1% | $10.6m | 139,200 | – | new |
| 3 | Service Pptys Tr | 4.9% | $3.7m | 1,363,572 | – | new | |
| 4 | AHT Ashford Hospitality Tr Inc | 1.5% | $1.1m | 175,512 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.