Varde Management, L.P.
Net buyer this quarter
$68.4M
4
+$10.2M
98.1%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 ZD | $32.7M | 47.76% | 1.78% | +16.9% | Q1 2026 |
 SGRY | $16.9M | 24.64% | 0.77% | +32.8% | Q1 2026 |
 ECHO | $16.2M | 23.65% | 0.33% | +8.1% | Q4 2025 |
 ZIP | $1.39M | 2.04% | 0.52% | +6.9% | Q1 2026 |
| Q1 2026 | |||||
| ZD | $22.4M | 45.44% | 1.43% | New | Q1 2026 |
| ECHO | $17.3M | 35.00% | 0.31% | -28.2% | Q4 2025 |
| SGRY | $9M | 18.26% | 0.58% | New | Q1 2026 |
| ZIP | $639K | 1.30% | 0.49% | New | Q1 2026 |
| Q4 2025 | |||||
| ECHO | $22.3M | 59.66% | 0.43% | New | Q4 2025 |
 NBR | $14.3M | 38.34% | 1.68% | Not reported | Q1 2025 |
 AHT | $748K | 2.00% | 2.71% | Not reported | Q4 2021 |
| Q2 2025 | |||||
| NBR | $59.8M | 79.21% | 11.82% | -14.7% | Q1 2025 |
 LTM | $13.1M | 17.43% | 0.00% | -89.3% | Q3 2024 |
 TDW | $1.42M | 1.88% | 0.06% | Not reported | Q4 2024 |
| AHT | $1.12M | 1.48% | 2.97% | Not reported | Q4 2021 |