13F

Investor

Varde Management, L.P.

CIK 0001559130 · filed 2026-05-15 · SEC filing

13F book

$49.3M

Positions

4

3 new · 2 sold

Largest name

45.4%

Ziff Davis, Inc. · ZD

Est. mark

$1.23M

Price effect on 1 names still held. Flow $10.7M.
NameTickerSharesValueWeightEst. markChange
Ziff Davis, Inc.ZD534K$22.4M45.4%New
Echostar CorpECHO147.4K$17.3M35.0%$1.23MCut−$5.07M
Surgery Partners, Inc.SGRY755.4K$9M18.3%New
Ziprecruiter, Inc.ZIP347.5K$639.5K1.3%New

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.