Varde Management, L.P.

CIK: 0001559130Latest portfolio: $37.4M · Q4 2025

Holdings

3

Total Value

$37.4M

New Positions

0

Closed Positions

1

Top Holdings

#StockSharesValue% PortfolioChangeType
1
SATSEchoStar Corp
205,400$22.3M59.66%+66K
2
NBRNabors Industries Ltd
264,220$14.3M38.34%-1,454,210
3
AHTAshford Hospitality Tr Inc
175,512$747K2.00%—

Quarterly Changes

New Positions

No new positions this quarter

Closed Positions

Increased Positions

NameSharesChange
SATS205K+66K
NBR264K+-1454210

Decreased Positions

No decreased positions

Sector Breakdown

Technology0.0% ($22.3M)
Energy0.0% ($14.3M)
Real Estate0.0% ($747K)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 12, 2026$37.4M3
Q3 2025Nov 14, 2025$75.2B4
Q2 2025Aug 15, 2025$75.5B4
Q1 2025May 15, 2025$142.7B4
Q4 2024Feb 13, 2025$121.7B6

Fund Information

CIK0001559130
Most Recent FilingFeb 12, 2026
Number of Filings5
View on SEC EDGAR →

Varde Management, L.P. is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $37.4M across 3 holdings. The largest position is EchoStar Corp (SATS), representing 59.7% of the portfolio. Compared to the previous quarter, the fund opened 0 new positions and closed 1 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.