The Analysis of Varde Management, L.P.'s Holdings & P&L

Currently, Varde Management, L.P. holds 4 types of securities in its portfolio with a total value $49.3M. In the most recent quarter, they have increased their positions in ZD (+534.0K shares, valued at $22.4M), SGRY (+755.4K shares, valued at $9.0M), ZIP (+347.5K shares, valued at $639.4K); decreased their positions in SATS (-58.0K shares, valued at $6.8M); initiated new positions in ZD (+534.0K shares, valued at $22.4M), SGRY (+755.4K shares, valued at $9.0M), ZIP (+347.5K shares, valued at $639.5K).

1M P&L

+5.8M+16.06%

3M P&L

+8.5M+25.05%

HY P&L

+9.6M+29.50%

P&L figures are estimated based on reported 13F stock holdings and market price changes. They are approximations and may not reflect actual fund performance. Stock split events may also affect the accuracy of these calculations, and we cannot guarantee that all splits have been fully accounted for.

Top Holding Treemap

Top Industries by Value

1Advertising Agencies22.4M

45.4%

2Communication Equipment17.3M

35.0%

3Medical Care Facilities9.0M

18.3%

Top Industries by Stock Count

1Advertising Agencies1 stocks

25.0%

2Staffing & Employment Services1 stocks

25.0%

3Communication Equipment1 stocks

25.0%

Sponsored

Stock Holdings

TickerCompany NameSharesShares △%Event DateReport DateHistory

ZD Ziff Davis Inc534.0K sharesnew addition2026-03-312026-05-15

SATS EchoStar Corp147.4K shares-28.24%2026-03-312026-05-15

SGRY Surgery Partners Inc755.4K sharesnew addition2026-03-312026-05-15

ZIP ZipRecruiter Inc347.5K sharesnew addition2026-03-312026-05-15

Ziff Davis Inc

New

Shares534.0K

Event2026-03-31

Filed2026-05-15

SATS

EchoStar Corp

-28.24%

Shares147.4K

Event2026-03-31

Filed2026-05-15

SGRY

Surgery Partners Inc

New

Shares755.4K

Event2026-03-31

Filed2026-05-15

ZIP

ZipRecruiter Inc

New

Shares347.5K

Event2026-03-31

Filed2026-05-15

Call Option Holdings

No call option holdings data available

Put Option Holdings

No put option holdings data available