Veradace Capital Management LLC

DALLAS, TX · CIK 1772351 · 13F filing filed 2026-08-14

Exempt reporting adviser since 2019 · limited liability company

Private funds1 (1 hedge) · $144.1m gross assets
Websiteveradacecapital.com
Form ADV · 2026-04-09SEC adviser record

$126.5m reported value +12.7% vs Q1 2026

24positions

88.3%in top 10

4 new 9 added 4 reduced 4 sold out vs Q1 2026

Options: 2 call positions ($5.9m notional), 0 put positions (— 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).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	REPAY HLDGS CORP COM CL A RPAY	RPAY	7,207,690	$30.3m23.92%	23.92%	Added +15.4k	+15,386 0.2%
2	TIPTREE INC COM TIPT	TIPT	1,302,962	$23.3m18.45%	18.45%	Reduced -540.8k	-540,830 -29.3%
3	SOUNDTHINKING INC COM SSTI	SSTI	2,089,905	$18.9m14.95%	14.95%	Unchanged
4	DOUBLEVERIFY HLDGS INC COM DV	DV	859,340	$9.3m7.36%	7.36%	Added +35.0k	+35,000 4.2%
5	DOMO INC COM CL B HUCK	HUCK	2,102,185	$6.6m5.20%	5.20%	Added +122.5k	+122,519 6.2%
6	TURNING PT BRANDS INC COM TPB	TPB	67,297	$5.7m4.51%	4.51%	Added +4.6k	+4,636 7.4%
7	SUNCRETE INC COM SHS CL A RMIX	RMIX	250,000	$5.6m4.45%	4.45%	New
8	OPEN LENDING CORP COM LPRO	LPRO	1,558,213	$4.8m3.83%	3.83%	Unchanged
9	IDT CORP CL B NEW IDT	IDT	64,589	$3.8m2.97%	2.97%	Added +4.4k	+4,410 7.3%
10	SECURITY NATL FINL CORP CL A NEW SNFCA	SNFCA	353,055	$3.4m2.70%	2.70%	Unchanged
11	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	30,000	$2.9m2.28%	2.28%	Unchanged
12	CRYOPORT INC COM PAR $0.001 CYRX	CYRX	133,607	$2.1m1.66%	1.66%	Added +105.3k	+105,274 371.6%
13	CENTURY CASINOS INC COM CNTY	CNTY	1,602,784	$2.1m1.62%	1.62%	Added +6.0k	+6,000 0.4%
14	PORCH GROUP INC COM PRCH	PRCH	105,421	$1.6m1.25%	1.25%	Reduced -5.0k	-5,000 -4.5%
15	QUEST RESOURCE HLDG CORP COM NEW QRHC	QRHC	1,256,082	$1.6m1.25%	1.25%	Unchanged
16	FOX FACTORY HLDG CORP COM FOXF	FOXF	86,160	$1.5m1.15%	1.15%	Added +16.1k	+16,111 23.0%
17	VERSANT MEDIA GROUP INC COM CL A VSNT	VSNT	15,000	$630.1k0.50%	0.50%	New
18	ADVANCE AUTO PARTS INC COM AAP	AAP	8,086	$503.1k0.40%	0.40%	Reduced -26.9k	-26,914 -76.9%
19	WEALTHFRONT CORP COM WLTH	WLTH	51,958	$464.5k0.37%	0.37%	New
20	VIVID SEATS INC COM CL A SEAT	SEAT	70,341	$458.6k0.36%	0.36%	Unchanged
21	FATHOM HOLDINGS INC COM FTHM	FTHM	342,000	$345.4k0.27%	0.27%	Reduced -136.1k	-136,145 -28.5%
22	DISTRIBUTION SOLUTIONS GRP I COM DSGR	DSGR	10,000	$273.5k0.22%	0.22%	Unchanged
23	FOSTER L B CO COM FSTR	FSTR	6,000	$271.0k0.21%	0.21%	New
24	HEALTH CATALYST INC COM HCAT	HCAT	70,000	$139.3k0.11%	0.11%	Added +20.0k	+20,000 40.0%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
EUROPEAN WAX CTR INC EWCZ	EWCZ	1,400,949	$8.1m1.4m shares
DNOW INC DNOW	DNOW	10,000	$119.1k10.0k shares
QT IMAGING HLDGS INC QTI	QTI	18,851	$110.7k18.9k shares
DRILLING TOOLS INTL CORP DTI	DTI	25,292	$109.5k25.3k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SOUNDTHINKING INC SSTI · Call	SSTI	Call	500,000	$4.5m500.0k shares	Added
DOMO INC HUCK · Call	HUCK	Call	443,000	$1.4m443.0k shares	Added

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
SOUNDTHINKING INC SSTI · 13D · filed 2026-09-30	SSTI	15.8%≈ $18.9m	-0.7 pts	13D	2026-09-30
REPAY HLDGS CORP RPAY · 13D · filed 2026-06-04	RPAY	8.2%≈ $31.0m	-0.4 pts	13D	2026-06-04
EVENTBRITE INC EB · 13G · filed 2025-05-09	EB	5.1%	new	13G	2025-05-09
QUEST RESOURCE HLDG CORP QRHC · 13G · filed 2025-03-17	QRHC	5.0%≈ $1.3m	new	13G	2025-03-17

Trades reported as a company insider since 1 Apr 2026

Owning 10% or more of a company, or having someone on its board, makes this manager an insider there: it reports its trades in that company's shares on Form 4 within two business days. Open-market and private purchases and sales only.

Date	Company	Ticker	Trade	Shares	Value	Their holding
2026-09-15	BUTLER NATIONAL CORP 10% owner	BUKS	Bought	15,000	$58.6k15.0k shares	+<1%
2026-09-14	BUTLER NATIONAL CORP 10% owner	BUKS	Bought	40,000	$163.6k40.0k shares	+0%