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Verition Fund Management LLC
The positions Verition Fund Management LLC reported on its Form 13F for Q2 2026, the quarter ending 30 Jun 2026, filed on 14 Aug 2026. Every figure below is the filing’s own: US-listed long equity, valued at the quarter end, with the change measured against the same manager’s previous filing.
Reported book
$19.7bn
+$4.3bn on Q1 2026
Positions
2,055
29+ new, 488 sold out
Top ten weight
25%
Spread across the book
Quarter
Q2 2026
Filed 14 Aug 2026
Read the Q2 2026 filing on sec.gov CIK 0001454027 · Multistrategy · CT
Reported book is the quarter-end market value of the securities on the 13F, mostly US-listed long equity. It is not the manager’s assets under management: shorts, cash, leverage and most non-US or private holdings sit outside it.
Opened this quarter
A new position is the clearest thing a filing says. Somebody argued for it recently, and it is the easiest question to be ready for.
- Select Med HLDGS Corp (SEM)$199m · 1.0%
- iShares IBOXX INV CP ETF (LQD)$96m · 0.5%
- Praxis Precision Medicines I (PRAX)puts$67m · 0.3%
- DPC Holdings PLC (DPC)$66m · 0.3%
- SPDR Gold Trust (GLD)puts$61m · 0.3%
- SPDR Series SP Regional Banks (KRE)$55m · 0.3%
- On Semiconductor Corp (ON)Note 0.500% 3/0$54m · 0.3%
- iShares MSCI CDA ETF (EWC)puts$52m · 0.3%
- Bio-techne Corp (TECH)calls$51m · 0.3%
- Cloudflare Inc (NET)Note 6/1$51m · 0.3%
- iShares Russell 2000 ETF (IWM)calls$44m · 0.2%
- Akamai Technologies Inc (AKAM)Note 1.125% 2/1$39m · 0.2%
- and 17 more, in the table below.
Sold out of this quarter
Exits are valued at what the position was worth in the previous filing, because by this one it is gone.
- Sealed Air Corp New (SEE)$115m held before
- Clearwater Analytics HLDGS I (CWAN)$98m held before
- Terns Pharmaceuticals Inc (TERN)$82m held before
- Brown & Brown Inc (BRO)$71m held before
- Cheniere Energy Inc (LNG)$59m held before
- iShares Trust (IEF)$48m held before
- Hologic Inc (HOLX)$44m held before
- iShares Inc (EWY)$41m held before
- Alliant Energy Corp (LNT)$29m held before
- Ast Spacemobile Inc (ASTS)$22m held before
- Arcellx Inc (ACLX)$22m held before
- Onestream Inc (OS)$21m held before
- and 476 more.
Largest reported positions, Q2 2026
200 positions, sorted by weight · page 1 of 2
Showing the largest 200 reported positions, representing 66.6% of reported market value.
| Position | Weight ↓ | Value | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| iShares Core S&P500 ETF (IVV) CUSIP 464287200 | 7.1% | $1.4bn | 1,871,854 | +$1.2bn +1,494,514 shares | Added |
| Invesco QQQ Trust (QQQ) puts · CUSIP 46090E103 | 3.6% | $711m | 966,000 | +$518m +631,000 shares | Added |
| State Street SPDR S&P 500 ETF (SPY) CUSIP 78462F103 | 3.5% | $689m | 922,630 | +$146m +87,076 shares | Added |
| Invesco QQQ Trust (QQQ) calls · CUSIP 46090E103 | 3.3% | $644m | 874,300 | +$479m +589,300 shares | Added |
| State Street SPDR S&P 500 ETF (SPY) puts · CUSIP 78462F103 | 1.4% | $284m | 380,000 | -$118m -237,500 shares | Trimmed |
| Warner Bros Discovery Inc (WBD) Common Series A · CUSIP 934423104 | 1.2% | $241m | 9,029,415 | +$4.2m +416,774 shares | Added |
| Norfolk Southn Corp (NSC) CUSIP 655844108 | 1.2% | $239m | 758,728 | +$29m +27,595 shares | Added |
| VanEck Semiconductor (SMH) puts · CUSIP 92189F676 | 1.1% | $225m | 343,600 | +$193m +258,000 shares | Added |
| Invesco QQQ Trust (QQQ) CUSIP 46090E103 | 1.1% | $221m | 300,563 | +$209m +279,871 shares | Added |
| Electronic Arts Inc (EA) CUSIP 285512109 | 1.1% | $219m | 1,069,568 | +$52m +247,598 shares | Added |
| Select Med HLDGS Corp (SEM) CUSIP 81619Q105 | 1.0% | $199m | 12,025,235 | No earlier filing | New |
| iShares 20 Year Treasury Bond ETF (TLT) calls · CUSIP 464287432 | 1.0% | $196m | 2,267,300 | +$83m +960,900 shares | Added |
| iShares IBOXX High Yield ETF (HYG) puts · CUSIP 464288513 | 0.9% | $170m | 2,125,000 | -$222m -2,799,600 shares | Trimmed |
| Micron Technology Inc (MU) CUSIP 595112103 | 0.8% | $158m | 136,773 | +$121m +26,057 shares | Added |
| Aon PLC (AON) Shares Class A · CUSIP G0403H108 | 0.6% | $128m | 385,028 | +$54m +156,819 shares | Added |
| iShares 20 Year Treasury Bond ETF (TLT) puts · CUSIP 464287432 | 0.6% | $125m | 1,440,600 | +$24m +285,000 shares | Added |
| Allstate Corp (ALL) CUSIP 020002101 | 0.5% | $105m | 440,923 | +$27m +64,359 shares | Added |
| Franklin Resources Inc (BEN) CUSIP 354613101 | 0.5% | $99m | 2,980,343 | +$28m -42,084 shares | Trimmed |
| Travelers Companies Inc (TRV) CUSIP 89417E109 | 0.5% | $98m | 297,389 | +$22m +37,682 shares | Added |
| iShares IBOXX INV CP ETF (LQD) CUSIP 464287242 | 0.5% | $96m | 880,355 | No earlier filing | New |
| iShares Bitcoin Trust ETF (IBIT) puts · CUSIP 46438F101 | 0.5% | $90m | 2,690,800 | -$400k +349,100 shares | Added |
| Kenvue Inc (KVUE) CUSIP 49177J102 | 0.4% | $87m | 4,541,725 | +$22m +754,768 shares | Added |
| Alphabet Inc (GOOGL) Capital Stock Class A · CUSIP 02079K305 | 0.4% | $79m | 220,482 | +$63m +165,241 shares | Added |
| Beacon Financial Corp. (BBT) CUSIP 084680107 | 0.4% | $73m | 2,403,149 | +$13m +388,127 shares | Added |
| Cme Group Inc (CME) CUSIP 12572Q105 | 0.4% | $71m | 319,229 | +$70m +318,357 shares | Added |
| Amazon Com Inc (AMZN) CUSIP 023135106 | 0.4% | $69m | 291,107 | +$19m +46,785 shares | Added |
| Advanced Micro Devices Inc (AMD) CUSIP 007903107 | 0.3% | $69m | 118,257 | +$60m +73,637 shares | Added |
| Alphabet Inc (GOOGL) Capital Stock Class A · calls · CUSIP 02079K305 | 0.3% | $69m | 191,700 | +$9.4m -13,800 shares | Trimmed |
| TXNM Energy Inc (TXNM) CUSIP 69349H107 | 0.3% | $68m | 1,203,109 | -$10m -144,142 shares | Trimmed |
| Praxis Precision Medicines I (PRAX) puts · CUSIP 74006W207 | 0.3% | $67m | 201,100 | No earlier filing | New |
| Taiwan Semiconductor Manufac (TSM) Sponsored ADS · CUSIP 874039100 | 0.3% | $67m | 140,750 | +$35m +44,815 shares | Added |
| Warner Bros Discovery Inc (WBD) Common Series A · puts · CUSIP 934423104 | 0.3% | $66m | 2,491,000 | +$38m +1,441,800 shares | Added |
| Aes Corp (AES) CUSIP 00130H105 | 0.3% | $66m | 4,521,365 | +$1.4m -81,335 shares | Trimmed |
| DPC Holdings PLC (DPC) CUSIP G2R11M108 | 0.3% | $66m | 1,350,649 | No earlier filing | New |
| Palantir Technologies Inc (PLTR) Class A · puts · CUSIP 69608A108 | 0.3% | $66m | 563,300 | +$65m +561,300 shares | Added |
| Old Natl Bancorp Ind (ONB) CUSIP 680033107 | 0.3% | $64m | 2,484,622 | -$49m -2,621,182 shares | Trimmed |
| Webster Finl Corp (WBS) CUSIP 947890109 | 0.3% | $64m | 841,761 | +$19m +181,474 shares | Added |
| SPDR Gold Trust (GLD) puts · CUSIP 78463V107 | 0.3% | $61m | 166,600 | No earlier filing | New |
| Stmicroelectronics N V (STM) NY Registry · CUSIP 861012102 | 0.3% | $61m | 818,263 | +$55m +632,663 shares | Added |
| Western Digital Corp (WDC) CUSIP 958102105 | 0.3% | $60m | 93,205 | +$50m +56,942 shares | Added |
| Alphabet Inc (GOOG) Capital Stock Class C · calls · CUSIP 02079K107 | 0.3% | $56m | 158,300 | +$53m +148,600 shares | Added |
| SPDR Series SP Regional Banks (KRE) CUSIP 78464A698 | 0.3% | $55m | 735,334 | No earlier filing | New |
| Alibaba Group HLDG LTD Note 0.500% 6/0 · CUSIP 01609WBG6 | 0.3% | $55m | 46,400,000 | +$41m +36,400,000 shares | Added |
| On Semiconductor Corp (ON) Note 0.500% 3/0 · CUSIP 682189AU9 | 0.3% | $54m | 44,895,000 | No earlier filing | New |
| Parker-hannifin Corp (PH) CUSIP 701094104 | 0.3% | $54m | 54,918 | +$53m +53,556 shares | Added |
| Independent BK Corp Mass (INDB) CUSIP 453836108 | 0.3% | $53m | 627,376 | -$200k -73,391 shares | Trimmed |
| TXNM Energy Inc (TXNM) Note 5.750% 6/0 · CUSIP 69349HAF4 | 0.3% | $52m | 40,000,000 | -$1.1m 0 shares | Held |
| iShares MSCI CDA ETF (EWC) puts · CUSIP 464286509 | 0.3% | $52m | 900,000 | No earlier filing | New |
| Selective Ins Group Inc (SIGI) CUSIP 816300107 | 0.3% | $52m | 534,470 | +$15m +50,463 shares | Added |
| Entergy Corp New (ETR) CUSIP 29364G103 | 0.3% | $52m | 448,010 | +$24m +201,730 shares | Added |
| Bio-techne Corp (TECH) calls · CUSIP 09073M104 | 0.3% | $51m | 721,900 | No earlier filing | New |
| Cloudflare Inc (NET) Note 6/1 · CUSIP 18915MAF4 | 0.3% | $51m | 40,000,000 | No earlier filing | New |
| Alphabet Inc (GOOG) Capital Stock Class C · CUSIP 02079K107 | 0.3% | $50m | 141,018 | +$35m +87,776 shares | Added |
| Invesco Exchange Traded FD T S&P500 EQL WGT (RSP) CUSIP 46137V357 | 0.3% | $49m | 231,844 | +$44m +201,648 shares | Added |
| Southern Co (SO) CUSIP 842587107 | 0.2% | $49m | 508,415 | +$48m +502,329 shares | Added |
| Comcast Corp New (CMCSA) Class A · calls · CUSIP 20030N101 | 0.2% | $49m | 1,974,800 | +$46m +1,872,100 shares | Added |
| Apple Inc (AAPL) puts · CUSIP 037833100 | 0.2% | $48m | 167,300 | +$29m +90,600 shares | Added |
| Associated Banc-corp (ASB) CUSIP 045487105 | 0.2% | $48m | 1,545,900 | +$200k -287,618 shares | Trimmed |
| American Elec PWR Co Inc (AEP) CUSIP 025537101 | 0.2% | $48m | 346,918 | +$16m +109,732 shares | Added |
| Southstate BK Corp (SSB) CUSIP 84472E102 | 0.2% | $46m | 463,970 | +$25m +229,186 shares | Added |
| Wesbanco Inc (WSBC) CUSIP 950810101 | 0.2% | $46m | 1,179,115 | -$5.6m -317,466 shares | Trimmed |
| Fortune Brands Innovations I (FBIN) CUSIP 34964C106 | 0.2% | $46m | 834,581 | +$23m +240,372 shares | Added |
| Crown HLDGS Inc (CCK) CUSIP 228368106 | 0.2% | $46m | 406,784 | +$34m +288,246 shares | Added |
| Trip Com Group LTD Note 0.750% 6/1 · CUSIP 89677QAB3 | 0.2% | $45m | 45,959,000 | +$35m +35,959,000 shares | Added |
| iShares Russell 2000 ETF (IWM) puts · CUSIP 464287655 | 0.2% | $45m | 150,600 | +$20m +50,600 shares | Added |
| Penumbra Inc (PEN) CUSIP 70975L107 | 0.2% | $45m | 142,309 | +$23m +74,309 shares | Added |
| iShares Russell 2000 ETF (IWM) calls · CUSIP 464287655 | 0.2% | $44m | 146,100 | No earlier filing | New |
| Affirm HLDGS Inc Note 0.750%12/1 · CUSIP 00827BAD8 | 0.2% | $44m | 37,500,000 | +$6.3m -2,500,000 shares | Trimmed |
| Advanced Micro Devices Inc (AMD) puts · CUSIP 007903107 | 0.2% | $44m | 75,400 | -$114m -698,000 shares | Trimmed |
| JPMorgan Chase & Co (JPM) CUSIP 46625H100 | 0.2% | $44m | 132,952 | +$12m +26,416 shares | Added |
| Alphabet Inc (GOOGL) Capital Stock Class A · puts · CUSIP 02079K305 | 0.2% | $43m | 120,700 | +$33m +84,400 shares | Added |
| Oracle Corp (ORCL) puts · CUSIP 68389X105 | 0.2% | $43m | 293,600 | +$43m +289,800 shares | Added |
| Caesars Entertainment Inc Ne (CZR) CUSIP 12769G100 | 0.2% | $43m | 1,417,825 | +$35m +1,127,254 shares | Added |
| Qorvo Inc (QRVO) CUSIP 74736K101 | 0.2% | $43m | 457,158 | +$24m +210,937 shares | Added |
| Huntington Bancshares Inc (HBAN) CUSIP 446150104 | 0.2% | $42m | 2,374,923 | -$5.4m -658,268 shares | Trimmed |
| Seagate Technology Hldngs PL (STX) CUSIP G7997R103 | 0.2% | $42m | 43,540 | +$42m +42,218 shares | Added |
| Amentum Holdings Inc (AMTM) CUSIP 023939101 | 0.2% | $42m | 2,019,334 | +$7.9m +721,388 shares | Added |
| American Tower Corp (AMT) CUSIP 03027X100 | 0.2% | $41m | 253,336 | +$9.4m +67,670 shares | Added |
| Axalta Coating Sys LTD (AXTA) CUSIP G0750C108 | 0.2% | $41m | 1,207,479 | +$28m +731,489 shares | Added |
| Lam Research Corp (LRCX) CUSIP 512807306 | 0.2% | $41m | 94,444 | +$23m +9,437 shares | Added |
| Silicon Laboratories Inc (SLAB) CUSIP 826919102 | 0.2% | $41m | 186,776 | +$12m +47,297 shares | Added |
| Compass Inc (COMP) Class A · CUSIP 20464U100 | 0.2% | $41m | 3,286,458 | +$16m -87,093 shares | Trimmed |
| Crane Company (CR) CUSIP 224408104 | 0.2% | $40m | 181,154 | +$21m +66,817 shares | Added |
| Johnson & Johnson (JNJ) CUSIP 478160104 | 0.2% | $40m | 159,049 | +$29m +113,730 shares | Added |
| Royal Gold Inc (RGLD) CUSIP 780287108 | 0.2% | $40m | 201,500 | -$1.3m +38,250 shares | Added |
| Strategy Inc Note 0.875% 3/1 · CUSIP 594972AL5 | 0.2% | $40m | 43,500,000 | +$20m +22,500,000 shares | Added |
| Crowdstrike HLDGS Inc (CRWD) Class A · puts · CUSIP 22788C105 | 0.2% | $40m | 52,100 | +$32m +32,200 shares | Added |
| Popular Inc (BPOP) CUSIP 733174700 | 0.2% | $40m | 241,896 | -$9.7m -126,489 shares | Trimmed |
| Crowdstrike HLDGS Inc (CRWD) Class A · CUSIP 22788C105 | 0.2% | $39m | 51,374 | +$28m +21,957 shares | Added |
| Akamai Technologies Inc (AKAM) Note 1.125% 2/1 · CUSIP 00971TAN1 | 0.2% | $39m | 32,800,000 | No earlier filing | New |
| Evergy Inc (EVRG) CUSIP 30034W106 | 0.2% | $39m | 450,699 | +$8.5m +79,150 shares | Added |
| Wabtec (WAB) CUSIP 929740108 | 0.2% | $39m | 144,174 | +$7.7m +19,354 shares | Added |
| Cerebras Systems Inc (CBRS) Common Class A · CUSIP 15675D103 | 0.2% | $39m | 175,000 | No earlier filing | New |
| Roku Inc (ROKU) Common Class A · CUSIP 77543R102 | 0.2% | $38m | 277,600 | +$31m +195,204 shares | Added |
| Warner Bros Discovery Inc (WBD) Common Series A · calls · CUSIP 934423104 | 0.2% | $38m | 1,405,800 | +$26m +971,800 shares | Added |
| Bp plc (BP) Sponsored ADR · CUSIP 055622104 | 0.2% | $37m | 1,013,308 | -$11m -8,740 shares | Trimmed |
| Rubrik Inc. (RBRK) Note 6/1 · CUSIP 781154AD1 | 0.2% | $37m | 36,500,000 | No earlier filing | New |
| Wec Energy Group Inc (WEC) Note 4.375% 6/0 · CUSIP 92939UAR7 | 0.2% | $37m | 30,000,000 | +$6.3m +5,000,000 shares | Added |
| Equinix Inc (EQIX) CUSIP 29444U700 | 0.2% | $37m | 35,566 | +$9.5m +7,433 shares | Added |
| Nuvalent Inc (NUVL) calls · CUSIP 670703107 | 0.2% | $37m | 300,000 | No earlier filing | New |
Every filing on file
| Quarter | Period end | Filed | Book | Positions | Top 10 | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | 30 Jun 2026 | 14 Aug 2026 | $19.7bn | 2,055 | 25% | 13F-HR |
| Q1 2026 | 31 Mar 2026 | 15 May 2026 | $15.4bn | 2,192 | 21% | 13F-HR |
| Q4 2025 | 31 Dec 2025 | 13 Feb 2026 | $25.5bn | 3,459 | 25% | 13F-HR |
| Q3 2025 | 30 Sept 2025 | 14 Nov 2025 | $24.2bn | 3,721 | 15% | 13F-HR |
| Q2 2025 | 30 Jun 2025 | 14 Aug 2025 | $22.5bn | 3,603 | 11% | 13F-HR |
| Q1 2025 | 31 Mar 2025 | 15 May 2025 | $21.5bn | 3,285 | 20% | 13F-HR |
| Q4 2024 | 31 Dec 2024 | 14 Feb 2025 | $25.3bn | 3,204 | 22% | 13F-HR |
| Q3 2024 | 30 Sept 2024 | 14 Nov 2024 | $19.9bn | 3,142 | 19% | 13F-HR |
Taking this into the room
Pick one name from the top of the book and one from the new positions, and know both properly: what the company earns, what it is priced at, and what has to be true for the position to work. That is a conversation. Reciting the whole table is not, and the interviewer wrote it.
A position sold out of is worth as much preparation as one opened. Ask what changed rather than asserting the fund was wrong, and be ready for the answer that the thesis played out and the money went somewhere better.
What this filing leaves out
A 13F covers US-listed long equity at one moment in time. Shorts, bonds, cash, private positions and non-US listings never appear, and options are reported in a form that will mislead you if you read them as a position. A long/short manager showing $8bn here may run a book several times that size.
The lag matters too. Positions are as at the quarter end and the filing arrives up to forty-five days later, so what you are reading is at least six weeks old and possibly four months. Phrase it as what the filing showed, not what the fund holds today.
You have read the book. Now have a view on one name
Pick a position, work out what it is worth, and be ready to defend it. That is the difference between a candidate who read the filing and one who did something with it.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
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