Verbena Value LP
Long book
$611.0M
Q1 2026
Positions
26
Top-10 weight
74%
concentration
Last quarter
-0.7%
SPY +14.8%
Turnover
42%
of book per quarter
Strategy in plain words
auto-generated from filingsVerbena Value LP is a concentrated fundamental stock-picker, running a $611.0M US long book across 26 positions.
The portfolio is concentrated: the top 10 names carry 74% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: GOLAR LNG LTD, CENTURI HOLDINGS INC, GFL ENVIRONMENTAL INC-SUB VT, OR ROYALTIES INC, SMURFIT WESTROCK PLC.
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
+12.0%
Q1 2026
-0.7%
Sector allocation
Utilities 43%
Industrials 21%
Materials 15%
Technology 8%
Other 7%
Financials 4%
Services media 2%
Long book by quarter
What does Verbena Value own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GLNG GOLAR LNG LTD | Industrials | 1.2M | $65.5M | 10.7% | +17.0% |
| CTRI CENTURI HOLDINGS INC | Utilities | 1.8M | $51.7M | 8.5% | +31.3% |
| GFL GFL ENVIRONMENTAL INC-SUB VT | Utilities | 1.2M | $50.5M | 8.3% | +44.7% |
| OR OR ROYALTIES INC | Materials | 1.3M | $49.2M | 8.1% | +85.3% |
| SW SMURFIT WESTROCK PLC | Other | 1.1M | $42.9M | 7.0% | +67.0% |
| JBL JABIL INC | Technology | 161.2K | $42.8M | 7.0% | +2.0% |
| AGI ALAMOS GOLD INC-CLASS A | Materials | 923.2K | $41.0M | 6.7% | +44.7% |
| DNOW DNOW INC | Industrials | 3.3M | $39.3M | 6.4% | -10.5% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 298.8K | $39.2M | 6.4% | +28.7% |
| ETR ENTERGY CORP | Utilities | 254.0K | $28.5M | 4.7% | +2.0% |
| PPL PPL CORP | Utilities | 740.5K | $28.3M | 4.6% | -3.3% |
| SARO STANDARDAERO INC | Industrials | 889.6K | $23.0M | 3.8% | +379.3% |
| CMS CMS ENERGY CORP | Utilities | 219.5K | $17.0M | 2.8% | -23.3% |
| SWX SOUTHWEST GAS HOLDINGS INC | Utilities | 166.2K | $14.4M | 2.4% | +38.1% |
| HVII HENNESSY CAPITAL INVESTMENT | Utilities | 1.2M | $12.7M | 2.1% | Held |
| EVRG EVERGY INC | Utilities | 149.3K | $12.2M | 2.0% | -60.1% |
| FIS FIDELITY NATIONAL INFO SERV | Services media | 237.9K | $11.2M | 1.8% | -61.5% |
| TACO BERTO ACQUISITION CORP | Financials | 897.7K | $9.2M | 1.5% | Held |
| KGS KODIAK GAS SERVICES INC | Utilities | 117.4K | $6.8M | 1.1% | New |
| IEAG INFINITE EAGLE CL-A | Financials | 600.0K | $6.1M | 1.0% | New |
| EGHA EGH ACQUISITION CO-A | Financials | 487.8K | $5.0M | 0.8% | New |
| CCIX CHURCHILL CAPITAL CORP IX | Technology | 280.9K | $3.0M | 0.5% | Held |
| SAC SAFEGUARD ACQUISITION C-CL A | Financials | 100.0K | $1.0M | 0.2% | New |
| GPAC GENERAL PURPOSE ACQUISIT-A | Financials | 100.0K | $1.0M | 0.2% | New |
| CCXI CHURCHILL CAPITAL CORP-CL A | Financials | 22.5K | $231K | 0.0% | New |
13F filing history
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