Verition Fund Management LLC
Long book
$9.73B
Q1 2026
Positions
1562
Top-10 weight
19%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
54%
of book per quarter
Strategy in plain words
auto-generated from filingsVerition Fund Management LLC is a multi-strategy platform where dozens of independent teams trade, running a $9.73B US long book across 1562 positions.
The portfolio is broadly diversified across 1562 positions (top 10 only 19%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, ISHARES CORE S&P 500 ETF, WARNER BROS DISCOVERY INC, NORFOLK SOUTHERN CORP, ELECTRONIC ARTS INC.
Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.5%
Q2 2024
+6.9%
Q3 2024
+2.8%
Q4 2024
-4.5%
Q1 2025
+11.1%
Q2 2025
+7.8%
Q3 2025
+2.0%
Q4 2025
-1.5%
Q1 2026
+11.7%
Sector allocation
Financials 26%
Industrials 15%
Technology 14%
Utilities 9%
Consumer discretionary 8%
Other 8%
Communications 5%
Services media 5%
Long book by quarter
What does Verition Fund own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WBD WARNER BROS DISCOVERY INC | Communications | 8.6M | $236.5M | 2.4% | +1.4% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 731.1K | $209.8M | 2.2% | +24.7% |
| EA ELECTRONIC ARTS INC | Technology | 822.0K | $167.6M | 1.7% | +59.0% |
| ONB OLD NATIONAL BANCORP | Financials | 5.1M | $112.8M | 1.2% | +6.5% |
| GTLS CHART INDUSTRIES INC | Industrials | 431.4K | $89.2M | 0.9% | +74.3% |
| TXNM TXNM ENERGY INC | Utilities | 1.3M | $78.8M | 0.8% | +55.6% |
| ALL ALLSTATE CORP | Financials | 376.6K | $78.1M | 0.8% | +8.7% |
| TRV TRAVELERS COS INC/THE | Financials | 259.7K | $75.8M | 0.8% | +4.5% |
| AON AON PLC-CLASS A | Financials | 228.2K | $73.7M | 0.8% | +9.9% |
| BEN FRANKLIN RESOURCES INC | Financials | 3.0M | $71.4M | 0.7% | +38.9% |
| BRO BROWN & BROWN INC | Financials | 1.1M | $70.9M | 0.7% | +17.1% |
| KVUE KENVUE INC | Other | 3.8M | $65.3M | 0.7% | +15.8% |
| AES AES CORP | Utilities | 4.6M | $64.9M | 0.7% | +2458.4% |
| BBT BEACON FINANCIAL CORP | Financials | 2.0M | $60.5M | 0.6% | -11.3% |
| INDB INDEPENDENT BANK CORP/MA | Financials | 700.8K | $52.7M | 0.5% | -15.5% |
| SJM JM SMUCKER CO/THE | Consumer staples | 535.5K | $51.6M | 0.5% | +285.7% |
| WSBC WESBANCO INC | Financials | 1.5M | $51.6M | 0.5% | -20.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 244.3K | $50.9M | 0.5% | -89.4% |
| BPOP POPULAR INC | Financials | 368.4K | $49.4M | 0.5% | -48.8% |
| HBAN HUNTINGTON BANCSHARES INC | Financials | 3.0M | $47.5M | 0.5% | +22.9% |
| ASB ASSOCIATED BANC-CORP | Financials | 1.8M | $47.4M | 0.5% | -36.1% |
| NEE NEXTERA ENERGY INC | Utilities | 510.4K | $47.4M | 0.5% | +991.0% |
| WBS WEBSTER FINANCIAL CORP | Financials | 660.3K | $45.8M | 0.5% | -33.2% |
| SSRM SSR MINING INC | Financials | 1.5M | $44.6M | 0.5% | +2176.4% |
| HO1 HOLOGIC INC | — | 578.4K | $43.7M | 0.4% | +107.9% |
| 430 TERNS PHARMACEUTICALS INC | — | 802.3K | $42.3M | 0.4% | +6185.1% |
| CINF CINCINNATI FINANCIAL CORP | Financials | 266.1K | $41.9M | 0.4% | -22.0% |
| RGLD ROYAL GOLD INC | Financials | 163.3K | $41.5M | 0.4% | -22.5% |
| RNR RENAISSANCERE HOLDINGS LTD | Financials | 132.7K | $39.5M | 0.4% | -50.3% |
| MDLN MEDLINE INC-CL A | Healthcare | 855.6K | $38.1M | 0.4% | +14.1% |
| ROST ROSS STORES INC | Consumer discretionary | 173.8K | $37.6M | 0.4% | -24.0% |
| BG BUNGE GLOBAL SA | Consumer staples | 294.5K | $37.5M | 0.4% | -4.7% |
| MU MICRON TECHNOLOGY INC | Technology | 110.7K | $37.4M | 0.4% | -71.7% |
| AAPL APPLE INC | Technology | 145.4K | $36.9M | 0.4% | -74.8% |
| SIGI SELECTIVE INSURANCE GROUP | Financials | 484.0K | $36.5M | 0.4% | +9.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 35.4K | $35.2M | 0.4% | +97.0% |
| NVDA NVIDIA CORP | Technology | 201.6K | $35.2M | 0.4% | -94.4% |
| FUL H.B. FULLER CO. | Other | 568.0K | $35.0M | 0.4% | +47.9% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 329.8K | $33.9M | 0.3% | New |
| AMTM AMENTUM HOLDINGS INC | Services media | 1.3M | $33.9M | 0.3% | +50.0% |
| SOC SABLE OFFSHORE CORP | Energy | 2.0M | $33.8M | 0.3% | -16.8% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 257.6K | $33.7M | 0.3% | +88.6% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 354.1K | $32.7M | 0.3% | +208.3% |
| OR OR ROYALTIES INC | Materials | 858.6K | $32.6M | 0.3% | +77.1% |
| SDA SEALED AIR CORP | Services media | 758.3K | $31.9M | 0.3% | -21.3% |
| JPM JPMORGAN CHASE & CO | Financials | 106.5K | $31.3M | 0.3% | +14.5% |
| WAB WABTEC CORP | Industrials | 124.8K | $31.2M | 0.3% | +1494.5% |
| BCC BOISE CASCADE CO | Consumer discretionary | 410.4K | $31.1M | 0.3% | -10.4% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 237.2K | $31.1M | 0.3% | -26.3% |
| LNG CHENIERE ENERGY INC | Utilities | 109.2K | $31.0M | 0.3% | -24.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 2192 | $15.42B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 3459 | $25.47B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 3721 | $24.23B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 3603 | $22.47B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 3285 | $21.47B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 3204 | $25.28B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 3181 | $19.86B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 2970 | $18.28B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 2777 | $14.61B | canonical | SEC ↗ |