Veradace Capital Management LLC

Fundamental concentrated ★Signal CIK 1772351
League rank
#187
in Fundamental concentrated · #311 overall
Long book
$112.2M
Q1 2026
Positions
24
Top-10 weight
90%
concentration
Last quarter
+25.2%
SPY +14.8%
Turnover
36%
of book per quarter

Strategy in plain words

auto-generated from filings

Veradace Capital Management LLC is a concentrated fundamental stock-picker, running a $112.2M US long book across 24 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: TIPTREE INC, REPAY HOLDINGS CORP, SOUNDTHINKING INC, EUROPEAN WAX CENTER INC-A, DOUBLEVERIFY HOLDINGS INC.

We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2025
-24.1%
Q1 2026
+25.2%

Sector allocation

Financials
34%
Technology
26%
Services media
20%
Other
7%
Consumer staples
5%
Communications
3%
Consumer discretionary
2%
Utilities
1%

Long book by quarter

$145.0M
Q4 2025
$112.2M
Q1 2026

What does Veradace Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
TIPT TIPTREE INCFinancials1.8M$31.2M27.8%+29.6%
RPAY REPAY HOLDINGS CORPServices media7.2M$18.7M16.7%+24.0%
SSTI SOUNDTHINKING INCTechnology2.1M$13.8M12.3%+255.2%
EWCZ EUROPEAN WAX CENTER INC-A1.4M$8.1M7.2%-22.7%
DV DOUBLEVERIFY HOLDINGS INCTechnology824.3K$7.8M7.0%+8143.4%
DOMO DOMO INC - CLASS BTechnology2.0M$6.1M5.4%+27.0%
TPB TURNING POINT BRANDS INCConsumer staples62.7K$5.4M4.8%Held
SNFCA SECURITY NATL FINL CORP-CL AFinancials353.1K$3.3M3.0%Held
IDT IDT CORP-CLASS BCommunications60.2K$3.0M2.6%+46.1%
CNTY CENTURY CASINOS INCServices media1.6M$2.2M2.0%+2.3%
LPRO OPEN LENDING CORPFinancials1.6M$1.9M1.7%+1.8%
AAP ADVANCE AUTO PARTS INCConsumer discretionary35.0K$1.8M1.6%New
QRHC QUEST RESOURCE HOLDING CORPUtilities1.3M$1.5M1.3%Held
FOXF FOX FACTORY HOLDING CORPIndustrials70.0K$1.2M1.0%+317.5%
PRCH PORCH GROUP INCTechnology110.4K$792K0.7%-54.0%
SEAT VIVID SEATS INC - CLASS AServices media70.3K$416K0.4%Held
DSGR DISTRIBUTION SOLUTIONS GROUPConsumer discretionary10.0K$262K0.2%New
FTHM FATHOM HOLDINGS INCReal estate478.1K$253K0.2%+5.2%
CYRX CRYOPORT INCHealthcare28.3K$235K0.2%New
DNOW DNOW INCIndustrials10.0K$119K0.1%New
QTI QT IMAGING HOLDINGS INCHealthcare18.9K$111K0.1%New
DTI DRILLING TOOLS INTERNATIONALIndustrials25.3K$110K0.1%Held
HCAT HEALTH CATALYST INCTechnology50.0K$64K0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202627$112.4M canonicalSEC ↗
Q4 202513F-HRFeb 18, 202627$163.6M canonicalSEC ↗