# Varde Management, L.P.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1559130. Source: https://holderbook.com/funds/1559130-varde-management-l-p/

- Reported value: $68.4M
- Positions: 5
- Weight of the ten largest: 100.0%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ZIFF DAVIS INC | [ZD](https://holderbook.com/stocks/ZD/) | $32.7M | 624,028 | 47.8% | 2 |
| SURGERY PARTNERS INC | [SGRY](https://holderbook.com/stocks/SGRY/) | $16.9M | 1,003,447 | 24.6% | 2 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $16.2M | 159,400 | 23.6% | 4 |
| ZIPRECRUITER INC | [ZIP](https://holderbook.com/stocks/ZIP/) | $1.4M | 371,456 | 2.0% | 2 |
| TRUMP MEDIA & TECHNOLOGY GRO | [DJT](https://holderbook.com/stocks/DJT/) | $1.3M | 0 | 1.9% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $68.4M | 5 |
| Q1 2026 | $49.3M | 4 |
| Q4 2025 | $37.4M | 3 |
| Q3 2025 | $75.2M | 4 |
| Q2 2025 | $75.5M | 4 |
| Q1 2025 | $142.7M | 4 |
| Q4 2024 | $121.7M | 6 |
| Q3 2024 | $117.5M | 3 |
| Q2 2024 | $30.4M | 2 |
| Q1 2024 | $43.0M | 2 |
| Q4 2023 | $72.6M | 3 |
| Q3 2023 | $166.3M | 5 |