Verdad Advisers, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Verdad Advisers, LP disclosed 104 US equity positions worth $87.4m in its Q4 2025 13F filing. The largest position was C at 4.6% of the reported book, followed by TJX and JNJ. Against the Q3 2024 filing, it opened 32 new positions, added to 10 and reduced 7 among the top 50 holdings.
What did Verdad Advisers, LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | C CITIGROUP INC | Financial Services | 4.6% | $4.0m | 34,553 | – | new |
| 2 | TJX TJX COS INC NEW | Consumer Cyclical | 4.4% | $3.8m | 24,801 | -22% | reduced |
| 3 | JNJ JOHNSON & JOHNSON | Healthcare | 4.1% | $3.6m | 17,408 | 237% | added |
| 4 | CMCSA COMCAST CORP NEW | Communication Services | 3.4% | $2.9m | 98,396 | – | new |
| 5 | CVX CHEVRON CORP NEW | Energy | 3.2% | $2.8m | 18,508 | 635% | added |
| 6 | GOOGL ALPHABET INC | Communication Services | 3.0% | $2.7m | 8,484 | 266% | added |
| 7 | LRCX LAM RESEARCH CORP | Technology | 3.0% | $2.6m | 15,471 | – | new |
| 8 | TGNA TEGNA INC | 2.8% | $2.5m | 2,510,000 | – | new | |
| 9 | CSCO CISCO SYS INC | Technology | 2.6% | $2.3m | 29,918 | 92% | added |
| 10 | MU MICRON TECHNOLOGY INC | Technology | 2.2% | $1.9m | 6,786 | – | new |
| 11 | VOYA VOYA FINANCIAL INC | Financial Services | 2.2% | $1.9m | 2,000,000 | – | new |
| 12 | CBRE CBRE GROUP INC | Real Estate | 2.1% | $1.8m | 11,288 | – | new |
| 13 | ZM ZOOM COMMUNICATIONS INC | Technology | 2.1% | $1.8m | 20,931 | 317% | added |
| 14 | T AT&T INC | Communication Services | 2.0% | $1.7m | 69,461 | 122% | added |
| 15 | BNY BANK NEW YORK MELLON CORP | Financial Services | 2.0% | $1.7m | 14,761 | – | new |
| 16 | CALM CAL MAINE FOODS INC | Consumer Defensive | 1.9% | $1.6m | 20,651 | – | new |
| 17 | MS MORGAN STANLEY | Financial Services | 1.7% | $1.5m | 8,300 | – | new |
| 18 | PFE PFIZER INC | Healthcare | 1.5% | $1.3m | 53,093 | – | new |
| 19 | AVDV AMERICAN CENTY ETF TR | 1.5% | $1.3m | 14,000 | – | new | |
| 20 | GM GENERAL MTRS CO | Consumer Cyclical | 1.5% | $1.3m | 15,830 | – | new |
| 21 | CIEN CIENA CORP | Technology | 1.4% | $1.3m | 5,413 | – | new |
| 22 | CVS CVS HEALTH CORP | Healthcare | 1.4% | $1.2m | 15,705 | – | new |
| 23 | MRK MERCK & CO INC | Healthcare | 1.4% | $1.2m | 11,646 | -3% | reduced |
| 24 | QCOM QUALCOMM INC | Technology | 1.4% | $1.2m | 6,979 | – | new |
| 25 | NVDA NVIDIA CORPORATION | Technology | 1.3% | $1.2m | 6,299 | – | new |
| 26 | AAPL APPLE INC | Technology | 1.3% | $1.1m | 4,203 | -48% | reduced |
| 27 | RL RALPH LAUREN CORP | Consumer Cyclical | 1.1% | $982.3k | 2,778 | 8% | added |
| 28 | WMT WALMART INC | Consumer Defensive | 1.1% | $941.5k | 8,451 | -74% | reduced |
| 29 | BWA BORGWARNER INC | Consumer Cyclical | 1.1% | $939.0k | 20,840 | – | new |
| 30 | F FORD MTR CO | Consumer Cyclical | 1.0% | $865.9k | 66,000 | – | new |
| 31 | GLOBAL SHIP LEASE INC NEW | 1.0% | $859.6k | 24,533 | – | new | |
| 32 | HRTG HERITAGE INSURANCE HLDGS INC | Financial Services | 1.0% | $841.9k | 28,774 | -42% | reduced |
| 33 | AMD ADVANCED MICRO DEVICES INC | Technology | 1.0% | $830.7k | 3,879 | – | new |
| 34 | GLW CORNING INC | Technology | 0.9% | $828.6k | 9,463 | – | new |
| 35 | VTRS VIATRIS INC | Healthcare | 0.9% | $809.2k | 65,000 | 8% | added |
| 36 | AMZN AMAZON COM INC | Consumer Cyclical | 0.9% | $799.1k | 3,462 | 23% | added |
| 37 | CLDT CHATHAM LODGING TR | Real Estate | 0.9% | $783.1k | 115,000 | – | new |
| 38 | AII AMERICAN INTEGRITY INS GROUP | 0.9% | $782.0k | 37,540 | – | new | |
| 39 | NUS NU SKIN ENTERPRISES INC | Consumer Defensive | 0.9% | $757.6k | 78,748 | – | new |
| 40 | MESABI TR | 0.9% | $753.7k | 19,567 | – | new | |
| 41 | ASO ACADEMY SPORTS & OUTDOORS IN | Consumer Cyclical | 0.9% | $749.4k | 15,000 | 0% | held |
| 42 | SNFCA SECURITY NATL FINL CORP | 0.8% | $728.0k | 80,800 | 12% | added | |
| 43 | NTRA NATERA INC | Healthcare | 0.8% | $725.5k | 3,167 | – | new |
| 44 | PRDO PERDOCEO ED CORP | Consumer Defensive | 0.8% | $723.4k | 24,664 | – | new |
| 45 | MOMO HELLO GROUP INC | Communication Services | 0.8% | $715.4k | 109,217 | – | new |
| 46 | AMN AMN HEALTHCARE SVCS INC | Healthcare | 0.8% | $709.2k | 45,000 | – | new |
| 47 | VLGEA VILLAGE SUPER MKT INC | 0.8% | $707.9k | 20,000 | -11% | reduced | |
| 48 | CALX CALIX INC | Technology | 0.7% | $651.7k | 12,313 | – | new |
| 49 | CRI CARTERS INC | Consumer Cyclical | 0.7% | $648.6k | 20,000 | – | new |
| 50 | MG MISTRAS GROUP INC | 0.7% | $632.5k | 50,000 | -42% | reduced |
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.