Vault-13

Varde Management, L.P.

New York, NY · CIK 1559130 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2009 · limited partnership

As an employer

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

CityCountryPeople
New York, NY (main office)United States United Statesabout 50
Minneapolis, MNUnited States United States14

In the UK

CompanyTownStaffPay gap reportFCA register
VARDE PARTNERS EUROPE LIMITED Private Limited CompanyFCA: Authorised · manages investments, advises, deals London Authorisedmanages investments, advises, deals

Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$67.1m reported value +36.1% vs Q1 2026
4positions
100.0%in top 10
0 new 4 added 0 reduced 0 sold out vs Q1 2026

Options: 0 call positions (— notional), 1 put positions ($1.3m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 ZIFF DAVIS INC COM ZD ZD 624,028 $32.7m48.70% 48.70% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 534.0k, Q2 2026 624.0k +90.0k +90,000 16.9%
2 SURGERY PARTNERS INC COM SGRY SGRY 1,003,447 $16.9m25.12% 25.12% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 755.4k, Q2 2026 1.0m +248.0k +248,009 32.8%
3 ECHOSTAR CORP CL A ECHO ECHO 159,400 $16.2m24.11% 24.11% AddedShares held: Q3 2025 139.2k, Q4 2025 205.4k, Q1 2026 147.4k, Q2 2026 159.4k +12.0k +12,000 8.1%
4 ZIPRECRUITER INC CL A ZIP ZIP 371,456 $1.4m2.08% 2.08% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 347.5k, Q2 2026 371.5k +23.9k +23,929 6.9%

Options (notional value)

UnderlyingTickerTypeShares controlled NotionalChange
TRUMP MEDIA & TECHNOLOGY GRO DJT · Put DJTPut 8,500 $1.3m8.5k shares New