# VARCOV Co.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2078837. Source: https://holderbook.com/funds/2078837-varcov-co/

- Reported value: $263.4M
- Positions: 352
- Weight of the ten largest: 11.1%
- 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 |
|---|---|---|---|---|---|
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $4.0M | 75,144 | 1.5% | 1 |
| NETSTREIT CORP | [NTST](https://holderbook.com/stocks/NTST/) | $3.9M | 182,213 | 1.5% | 1 |
| ADVANCED DRAIN SYS INC DEL | [WMS](https://holderbook.com/stocks/WMS/) | $3.2M | 20,190 | 1.2% | 2 |
| UWM HOLDINGS CORPORATION | [UWMC](https://holderbook.com/stocks/UWMC/) | $3.1M | 1,375,522 | 1.2% | 3 |
| FS KKR CAP CORP | [FSK](https://holderbook.com/stocks/FSK/) | $2.9M | 274,163 | 1.1% | 2 |
| ATLANTICUS HOLDINGS CORP | [ATLC](https://holderbook.com/stocks/ATLC/) | $2.7M | 26,491 | 1.0% | 1 |
| SIMPLY GOOD FOODS CO | [SMPL](https://holderbook.com/stocks/SMPL/) | $2.6M | 195,369 | 1.0% | 1 |
| COURSERA INC | [COUR](https://holderbook.com/stocks/COUR/) | $2.4M | 431,106 | 0.9% | 3 |
| MOSAIC CO | [MOS](https://holderbook.com/stocks/MOS/) | $2.3M | 109,714 | 0.9% | 2 |
| CURBLINE PPTYS CORP | [CURB](https://holderbook.com/stocks/CURB/) | $2.3M | 74,522 | 0.9% | 1 |
| CHAMPION HOMES INC | [SKY](https://holderbook.com/stocks/SKY/) | $2.3M | 25,597 | 0.9% | 1 |
| OSCAR HEALTH INC | [OSCR](https://holderbook.com/stocks/OSCR/) | $2.2M | 77,707 | 0.8% | 3 |
| PENNYMAC FINL SVCS INC NEW | [PFSI](https://holderbook.com/stocks/PFSI/) | $2.2M | 25,394 | 0.8% | 2 |
| HARLEY DAVIDSON INC | [HOG](https://holderbook.com/stocks/HOG/) | $2.1M | 87,653 | 0.8% | 2 |
| PAYLOCITY HLDG CORP | [PCTY](https://holderbook.com/stocks/PCTY/) | $2.1M | 19,961 | 0.8% | 3 |
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $2.1M | 22,988 | 0.8% | 1 |
| DXC TECHNOLOGY CO | [DXC](https://holderbook.com/stocks/DXC/) | $2.1M | 232,103 | 0.8% | 2 |
| AMN HEALTHCARE SVCS INC | [AMN](https://holderbook.com/stocks/AMN/) | $2.0M | 62,861 | 0.8% | 3 |
| NATIONAL VISION HLDGS INC | [EYE](https://holderbook.com/stocks/EYE/) | $2.0M | 103,658 | 0.7% | 1 |
| ABERCROMBIE & FITCH CO | [ANF](https://holderbook.com/stocks/ANF/) | $1.9M | 21,528 | 0.7% | 2 |
| INGRAM MICRO HLDG CORP | [INGM](https://holderbook.com/stocks/INGM/) | $1.9M | 69,044 | 0.7% | 3 |
| BILL HOLDINGS INC | [BILL](https://holderbook.com/stocks/BILL/) | $1.9M | 52,175 | 0.7% | 2 |
| ALKAMI TECHNOLOGY INC | [ALKT](https://holderbook.com/stocks/ALKT/) | $1.8M | 101,983 | 0.7% | 1 |
| LUMEN TECHNOLOGIES INC | [LUMN](https://holderbook.com/stocks/LUMN/) | $1.8M | 237,007 | 0.7% | 1 |
| MISSION PRODUCE INC | [AVO](https://holderbook.com/stocks/AVO/) | $1.8M | 151,794 | 0.7% | 1 |
| CLEAR CHANNEL OUTDOOR HLDGS | [CCO](https://holderbook.com/stocks/CCO/) | $1.7M | 713,195 | 0.7% | 1 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $1.7M | 26,806 | 0.7% | 1 |
| ORCHID IS CAP INC | [ORC](https://holderbook.com/stocks/ORC/) | $1.7M | 244,708 | 0.6% | 1 |
| SKYWARD SPECIALTY INS GROUP | [SKWD](https://holderbook.com/stocks/SKWD/) | $1.7M | 28,783 | 0.6% | 1 |
| FRESHWORKS INC | [FRSH](https://holderbook.com/stocks/FRSH/) | $1.7M | 165,090 | 0.6% | 2 |
| BATH & BODY WORKS INC | [BBWI](https://holderbook.com/stocks/BBWI/) | $1.7M | 71,942 | 0.6% | 3 |
| EVERFORTH INC | [EFOR](https://holderbook.com/stocks/EFOR/) | $1.7M | 92,486 | 0.6% | 2 |
| COHEN & STEERS INC | [CNS](https://holderbook.com/stocks/CNS/) | $1.7M | 21,692 | 0.6% | 1 |
| DIVERSIFIED HEALTHCARE TR | [DHC](https://holderbook.com/stocks/DHC/) | $1.7M | 177,555 | 0.6% | 3 |
| INVESCO MORTGAGE CAPITAL INC | [IVR](https://holderbook.com/stocks/IVR/) | $1.6M | 207,364 | 0.6% | 1 |
| PAYONEER GLOBAL INC | [PAYO](https://holderbook.com/stocks/PAYO/) | $1.6M | 228,902 | 0.6% | 1 |
| NEXTNAV INC | [NN](https://holderbook.com/stocks/NN/) | $1.6M | 88,791 | 0.6% | 1 |
| ECOVYST INC | [ECVT](https://holderbook.com/stocks/ECVT/) | $1.6M | 125,347 | 0.6% | 3 |
| PEDIATRIX MEDICAL GROUP INC | [MD](https://holderbook.com/stocks/MD/) | $1.5M | 60,414 | 0.6% | 3 |
| HNI CORP | [HNI](https://holderbook.com/stocks/HNI/) | $1.5M | 37,862 | 0.6% | 1 |
| UTZ BRANDS INC | [UTZ](https://holderbook.com/stocks/UTZ/) | $1.5M | 197,854 | 0.6% | 1 |
| PRIVIA HEALTH GROUP INC | [PRVA](https://holderbook.com/stocks/PRVA/) | $1.5M | 58,732 | 0.6% | 2 |
| TRINET GROUP INC | [TNET](https://holderbook.com/stocks/TNET/) | $1.5M | 30,390 | 0.6% | 2 |
| FRONTIER GROUP HLDGS INC | [ULCC](https://holderbook.com/stocks/ULCC/) | $1.5M | 184,084 | 0.6% | 1 |
| U HAUL HOLDING COMPANY | [UHAL](https://holderbook.com/stocks/UHAL/) | $1.5M | 22,195 | 0.6% | 3 |
| UNITED NAT FOODS INC | [UNFI](https://holderbook.com/stocks/UNFI/) | $1.4M | 31,521 | 0.5% | 1 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $1.4M | 11,965 | 0.5% | 1 |
| HEALTHCARE SVCS GROUP INC | [HCSG](https://holderbook.com/stocks/HCSG/) | $1.4M | 56,460 | 0.5% | 3 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $1.4M | 3,144 | 0.5% | 1 |
| WHITESTONE REIT | [WSR](https://holderbook.com/stocks/WSR/) | $1.4M | 71,843 | 0.5% | 1 |
| GORMAN RUPP CO | [GRC](https://holderbook.com/stocks/GRC/) | $1.4M | 14,731 | 0.5% | 2 |
| CVR ENERGY INC | [CVI](https://holderbook.com/stocks/CVI/) | $1.3M | 48,746 | 0.5% | 1 |
| NEWMARK GROUP INC | [NMRK](https://holderbook.com/stocks/NMRK/) | $1.3M | 87,768 | 0.5% | 1 |
| WORLD ACCEP CORPORATION | [WRLD](https://holderbook.com/stocks/WRLD/) | $1.3M | 5,902 | 0.5% | 1 |
| LXP INDUSTRIAL TRUST | [LXP](https://holderbook.com/stocks/LXP/) | $1.3M | 24,181 | 0.5% | 2 |
| NICOLET BANKSHARES INC | [NIC](https://holderbook.com/stocks/NIC/) | $1.3M | 7,810 | 0.5% | 2 |
| NPK INTERNATIONAL INC | [NPKI](https://holderbook.com/stocks/NPKI/) | $1.3M | 80,523 | 0.5% | 1 |
| MCGRAW HILL INC | [MH](https://holderbook.com/stocks/MH/) | $1.3M | 135,152 | 0.5% | 3 |
| AMERICAN HEALTHCARE REIT INC | [AHR](https://holderbook.com/stocks/AHR/) | $1.3M | 24,384 | 0.5% | 1 |
| PAYCOM SOFTWARE INC | [PAYC](https://holderbook.com/stocks/PAYC/) | $1.3M | 10,076 | 0.5% | 2 |
| WEX INC | [WEX](https://holderbook.com/stocks/WEX/) | $1.3M | 8,924 | 0.5% | 1 |
| BJS RESTAURANTS INC | [BJRI](https://holderbook.com/stocks/BJRI/) | $1.3M | 20,706 | 0.5% | 2 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $1.3M | 5,038 | 0.5% | 1 |
| WALKER & DUNLOP INC | [WD](https://holderbook.com/stocks/WD/) | $1.2M | 22,646 | 0.5% | 1 |
| G III APPAREL GROUP LTD | [GIII](https://holderbook.com/stocks/GIII/) | $1.2M | 36,516 | 0.5% | 1 |
| HALLADOR ENERGY COMPANY | [HNRG](https://holderbook.com/stocks/HNRG/) | $1.2M | 70,760 | 0.5% | 2 |
| DILLARDS INC | [DDS](https://holderbook.com/stocks/DDS/) | $1.2M | 2,319 | 0.5% | 1 |
| HEXCEL CORP NEW | [HXL](https://holderbook.com/stocks/HXL/) | $1.2M | 12,236 | 0.5% | 1 |
| LEGALZOOM COM INC | [LZ](https://holderbook.com/stocks/LZ/) | $1.2M | 197,972 | 0.5% | 2 |
| DIODES INC | [DIOD](https://holderbook.com/stocks/DIOD/) | $1.2M | 10,798 | 0.4% | 1 |
| PENNANT GROUP INC | [PNTG](https://holderbook.com/stocks/PNTG/) | $1.2M | 31,905 | 0.4% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.2M | 7,968 | 0.4% | 1 |
| ARCBEST CORP | [ARCB](https://holderbook.com/stocks/ARCB/) | $1.2M | 8,117 | 0.4% | 3 |
| STEWART INFORMATION SVCS COR | [STC](https://holderbook.com/stocks/STC/) | $1.2M | 17,455 | 0.4% | 3 |
| SOLID POWER INC | [SLDP](https://holderbook.com/stocks/SLDP/) | $1.1M | 437,615 | 0.4% | 1 |
| FLOWCO HLDGS INC | [FLOC](https://holderbook.com/stocks/FLOC/) | $1.1M | 52,157 | 0.4% | 1 |
| MATTHEWS INTL CORP | [MATW](https://holderbook.com/stocks/MATW/) | $1.1M | 41,271 | 0.4% | 1 |
| KAISER ALUMINIUM CORPORATION | [KALU](https://holderbook.com/stocks/KALU/) | $1.1M | 5,679 | 0.4% | 2 |
| PVH CORPORATION | [PVH](https://holderbook.com/stocks/PVH/) | $1.1M | 14,682 | 0.4% | 1 |
| MYR GROUP INC | [MYRG](https://holderbook.com/stocks/MYRG/) | $1.1M | 2,176 | 0.4% | 1 |
| MILLERKNOLL INC | [MLKN](https://holderbook.com/stocks/MLKN/) | $1.1M | 53,087 | 0.4% | 1 |
| WATERBRIDGE INFRASTRUCTURE L | [WBI](https://holderbook.com/stocks/WBI/) | $1.1M | 31,419 | 0.4% | 1 |
| FORMFACTOR INC | [FORM](https://holderbook.com/stocks/FORM/) | $1.1M | 6,627 | 0.4% | 3 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $1.1M | 4,130 | 0.4% | 1 |
| NEXTDECADE CORP | [NEXT](https://holderbook.com/stocks/NEXT/) | $1.0M | 138,493 | 0.4% | 2 |
| PENUMBRA INC | [PEN](https://holderbook.com/stocks/PEN/) | $1.0M | 3,298 | 0.4% | 2 |
| TELEFLEX INCORPORATED | [TFX](https://holderbook.com/stocks/TFX/) | $1.0M | 8,208 | 0.4% | 1 |
| EVERUS CONSTR GROUP | [ECG](https://holderbook.com/stocks/ECG/) | $1.0M | 6,251 | 0.4% | 1 |
| CHARLES RIV LABS INTL INC | [CRL](https://holderbook.com/stocks/CRL/) | $1.0M | 4,547 | 0.4% | 1 |
| CUSTOM TRUCK ONE SOURCE INC | [CTOS](https://holderbook.com/stocks/CTOS/) | $1.0M | 86,733 | 0.4% | 2 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $1.0M | 4,582 | 0.4% | 1 |
| LIBERTY BROADBAND CORP | [LBRDA](https://holderbook.com/stocks/LBRDA/) | $998.5K | 30,004 | 0.4% | 1 |
| INTERFACE INC | [TILE](https://holderbook.com/stocks/TILE/) | $987.4K | 27,550 | 0.4% | 1 |
| CADRE HLDGS INC | [CDRE](https://holderbook.com/stocks/CDRE/) | $964.7K | 33,836 | 0.4% | 2 |
| SELECT WATER SOLUTIONS INC | [WTTR](https://holderbook.com/stocks/WTTR/) | $962.2K | 48,158 | 0.4% | 1 |
| FORTUNE BRANDS INNOVATIONS I | [FBIN](https://holderbook.com/stocks/FBIN/) | $957.0K | 17,431 | 0.4% | 1 |
| FIVE9 INC | [FIVN](https://holderbook.com/stocks/FIVN/) | $951.9K | 44,647 | 0.4% | 3 |
| SUMMIT THERAPEUTICS INC | [SMMT](https://holderbook.com/stocks/SMMT/) | $931.9K | 63,957 | 0.4% | 2 |
| BELDEN INC | [BDC](https://holderbook.com/stocks/BDC/) | $885.5K | 7,385 | 0.3% | 1 |
| E L F BEAUTY INC | [ELF](https://holderbook.com/stocks/ELF/) | $885.3K | 11,964 | 0.3% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +15.6% | +14.8% | +0.8% | 99% |
| Q1 2026 | -1.3% | -4.6% | +3.3% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $263.4M | 352 |
| Q1 2026 | $268.2M | 363 |
| Q4 2025 | $253.4M | 436 |