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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, 100 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 by quarter
$0$12.7bn$25.5bnQ3 24: $19.9bn$19.9bnQ3 24Q4 24: $25.3bn$25.3bnQ4 24Q1 25: $21.5bn$21.5bnQ1 25Q2 25: $22.5bn$22.5bnQ2 25Q3 25: $24.2bn$24.2bnQ3 25Q4 25: $25.5bn$25.5bnQ4 25Q1 26: $15.4bn$15.4bnQ1 26Q2 26: $19.7bn$19.7bnQ2 26
Largest positions, share of the book
iShares TR: 7.1%iShares TR7.1%Invesco QQQ TR: 3.6%Invesco QQQ TR3.6%State STR SPDR S&P 500 ETF T: 3.5%State STR SPDR S&P 500 …3.5%Invesco QQQ TR: 3.3%Invesco QQQ TR3.3%State STR SPDR S&P 500 ETF T: 1.4%State STR SPDR S&P 500 …1.4%Warner Bros Discovery Inc (WBD): 1.2%Warner Bros Discovery I…1.2%Norfolk Southn Corp: 1.2%Norfolk Southn Corp1.2%Vaneck ETF Trust: 1.1%Vaneck ETF Trust1.1%Invesco QQQ TR: 1.1%Invesco QQQ TR1.1%Electronic Arts Inc: 1.1%Electronic Arts Inc1.1%

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$199m · 1.0%
  • iShares TR$96m · 0.5%
  • Praxis Precision Medicines I$67m · 0.3%
  • DPC Holdings PLC (DPC)$66m · 0.3%
  • SPDR Gold TR$61m · 0.3%
  • SPDR Series Trust$55m · 0.3%
  • On Semiconductor Corp (ON)$54m · 0.3%
  • iShares Inc$52m · 0.3%
  • Bio-techne Corp (TECH)$51m · 0.3%
  • Cloudflare Inc (NET)$51m · 0.3%
  • iShares TR$44m · 0.2%
  • Akamai Technologies Inc (AKAM)$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$115m held before
  • Clearwater Analytics HLDGS I$98m held before
  • Terns Pharmaceuticals Inc$82m held before
  • Brown & Brown Inc (BRO)$71m held before
  • Cheniere Energy Inc (LNG)$59m held before
  • iShares TR$48m held before
  • Hologic Inc$44m held before
  • iShares Inc$41m held before
  • Alliant Energy Corp (LNT)$29m held before
  • Ast Spacemobile Inc (ASTS)$22m held before
  • Arcellx Inc$22m held before
  • Onestream Inc$21m held before
  • and 88 more.

Every reported position, Q2 2026

200 positions, sorted by weight · page 1 of 2

PositionWeight ↓ValueSharesChange on the quarterAction
iShares TR
CORE S&P500 ETF · CUSIP 464287200
7.1%$1.4bn1,871,854
+$1.2bn
+1,494,514 shares
Added
Invesco QQQ TR
UNIT SER 1 PUT · CUSIP 46090E103
3.6%$711m966,000
+$518m
+631,000 shares
Added
State STR SPDR S&P 500 ETF T
TR UNIT · CUSIP 78462F103
3.5%$689m922,630
+$146m
+87,076 shares
Added
Invesco QQQ TR
UNIT SER 1 CALL · CUSIP 46090E103
3.3%$644m874,300
+$479m
+589,300 shares
Added
State STR SPDR S&P 500 ETF T
TR UNIT PUT · CUSIP 78462F103
1.4%$284m380,000
-$118m
-237,500 shares
Trimmed
Warner Bros Discovery Inc (WBD)
COM SER A · CUSIP 934423104
1.2%$241m9,029,415
+$4.2m
+416,774 shares
Added
Norfolk Southn Corp
COM · CUSIP 655844108
1.2%$239m758,728
+$29m
+27,595 shares
Added
Vaneck ETF Trust
SEMICONDUCTR ETF PUT · CUSIP 92189F676
1.1%$225m343,600
+$193m
+258,000 shares
Added
Invesco QQQ TR
UNIT SER 1 · CUSIP 46090E103
1.1%$221m300,563
+$209m
+279,871 shares
Added
Electronic Arts Inc
COM · CUSIP 285512109
1.1%$219m1,069,568
+$52m
+247,598 shares
Added
Select Med HLDGS Corp
COM · CUSIP 81619Q105
1.0%$199m12,025,235No earlier filingNew
iShares TR
20 YR TR BD ETF CALL · CUSIP 464287432
1.0%$196m2,267,300
+$83m
+960,900 shares
Added
iShares TR
IBOXX HI YD ETF PUT · CUSIP 464288513
0.9%$170m2,125,000
-$222m
-2,799,600 shares
Trimmed
Micron Technology Inc (MU)
COM · CUSIP 595112103
0.8%$158m136,773
+$121m
+26,057 shares
Added
Aon PLC (AON)
SHS CL A · CUSIP G0403H108
0.6%$128m385,028
+$54m
+156,819 shares
Added
iShares TR
20 YR TR BD ETF PUT · CUSIP 464287432
0.6%$125m1,440,600
+$24m
+285,000 shares
Added
Allstate Corp
COM · CUSIP 020002101
0.5%$105m440,923
+$27m
+64,359 shares
Added
Franklin Resources Inc
COM · CUSIP 354613101
0.5%$99m2,980,343
+$28m
-42,084 shares
Trimmed
Travelers Companies Inc (TRV)
COM · CUSIP 89417E109
0.5%$98m297,389
+$22m
+37,682 shares
Added
iShares TR
IBOXX INV CP ETF · CUSIP 464287242
0.5%$96m880,355No earlier filingNew
iShares Bitcoin Trust ETF (IBIT)
SHS BEN INT PUT · CUSIP 46438F101
0.5%$90m2,690,800
-$400k
+349,100 shares
Added
Kenvue Inc (KVUE)
COM · CUSIP 49177J102
0.4%$87m4,541,725
+$22m
+754,768 shares
Added
Alphabet Inc
CAP STK CL A · CUSIP 02079K305
0.4%$79m220,482
+$63m
+165,241 shares
Added
Beacon Financial Corp. (BBT)
COM · CUSIP 084680107
0.4%$73m2,403,149
+$13m
+388,127 shares
Added
Cme Group Inc (CME)
COM · CUSIP 12572Q105
0.4%$71m319,229
+$70m
+318,357 shares
Added
Amazon Com Inc (AMZN)
COM · CUSIP 023135106
0.4%$69m291,107
+$19m
+46,785 shares
Added
Advanced Micro Devices Inc (AMD)
COM · CUSIP 007903107
0.3%$69m118,257
+$60m
+73,637 shares
Added
Alphabet Inc
CAP STK CL A CALL · CUSIP 02079K305
0.3%$69m191,700
+$9.4m
-13,800 shares
Trimmed
TXNM Energy Inc (TXNM)
COM · CUSIP 69349H107
0.3%$68m1,203,109
-$10m
-144,142 shares
Trimmed
Praxis Precision Medicines I
COM NEW PUT · CUSIP 74006W207
0.3%$67m201,100No earlier filingNew
Taiwan Semiconductor Manufac
SPONSORED ADS · CUSIP 874039100
0.3%$67m140,750
+$35m
+44,815 shares
Added
Warner Bros Discovery Inc (WBD)
COM SER A PUT · CUSIP 934423104
0.3%$66m2,491,000
+$38m
+1,441,800 shares
Added
Aes Corp (AES)
COM · CUSIP 00130H105
0.3%$66m4,521,365
+$1.4m
-81,335 shares
Trimmed
DPC Holdings PLC (DPC)
ORDINARY SHARES · CUSIP G2R11M108
0.3%$66m1,350,649No earlier filingNew
Palantir Technologies Inc (PLTR)
CL A PUT · CUSIP 69608A108
0.3%$66m563,300
+$65m
+561,300 shares
Added
Old Natl Bancorp Ind
COM · CUSIP 680033107
0.3%$64m2,484,622
-$49m
-2,621,182 shares
Trimmed
Webster Finl Corp
COM · CUSIP 947890109
0.3%$64m841,761
+$19m
+181,474 shares
Added
SPDR Gold TR
GOLD SHS PUT · CUSIP 78463V107
0.3%$61m166,600No earlier filingNew
Stmicroelectronics N V
NY REGISTRY · CUSIP 861012102
0.3%$61m818,263
+$55m
+632,663 shares
Added
Western Digital Corp (WDC)
COM · CUSIP 958102105
0.3%$60m93,205
+$50m
+56,942 shares
Added
Alphabet Inc
CAP STK CL C CALL · CUSIP 02079K107
0.3%$56m158,300
+$53m
+148,600 shares
Added
SPDR Series Trust
ST STR SP REGBNK · CUSIP 78464A698
0.3%$55m735,334No earlier filingNew
Alibaba Group HLDG LTD
NOTE 0.500% 6/0 · CUSIP 01609WBG6
0.3%$55m46,400,000
+$41m
+36,400,000 shares
Added
On Semiconductor Corp (ON)
NOTE 0.500% 3/0 · CUSIP 682189AU9
0.3%$54m44,895,000No earlier filingNew
Parker-hannifin Corp (PH)
COM · CUSIP 701094104
0.3%$54m54,918
+$53m
+53,556 shares
Added
Independent BK Corp Mass
COM · CUSIP 453836108
0.3%$53m627,376
-$200k
-73,391 shares
Trimmed
TXNM Energy Inc (TXNM)
NOTE 5.750% 6/0 · CUSIP 69349HAF4
0.3%$52m40,000,000
-$1.1m
0 shares
Held
iShares Inc
MSCI CDA ETF PUT · CUSIP 464286509
0.3%$52m900,000No earlier filingNew
Selective Ins Group Inc
COM · CUSIP 816300107
0.3%$52m534,470
+$15m
+50,463 shares
Added
Entergy Corp New
COM · CUSIP 29364G103
0.3%$52m448,010
+$24m
+201,730 shares
Added
Bio-techne Corp (TECH)
COM CALL · CUSIP 09073M104
0.3%$51m721,900No earlier filingNew
Cloudflare Inc (NET)
NOTE 6/1 · CUSIP 18915MAF4
0.3%$51m40,000,000No earlier filingNew
Alphabet Inc
CAP STK CL C · CUSIP 02079K107
0.3%$50m141,018
+$35m
+87,776 shares
Added
Invesco Exchange Traded FD T
S&P500 EQL WGT · CUSIP 46137V357
0.3%$49m231,844
+$44m
+201,648 shares
Added
Southern Co
COM · CUSIP 842587107
0.2%$49m508,415
+$48m
+502,329 shares
Added
Comcast Corp New
CL A CALL · CUSIP 20030N101
0.2%$49m1,974,800
+$46m
+1,872,100 shares
Added
Apple Inc (AAPL)
COM PUT · CUSIP 037833100
0.2%$48m167,300
+$29m
+90,600 shares
Added
Associated Banc-corp
COM · CUSIP 045487105
0.2%$48m1,545,900
+$200k
-287,618 shares
Trimmed
American Elec PWR Co Inc
COM · CUSIP 025537101
0.2%$48m346,918
+$16m
+109,732 shares
Added
Southstate BK Corp
COM · CUSIP 84472E102
0.2%$46m463,970
+$25m
+229,186 shares
Added
Wesbanco Inc
COM · CUSIP 950810101
0.2%$46m1,179,115
-$5.6m
-317,466 shares
Trimmed
Fortune Brands Innovations I
COM · CUSIP 34964C106
0.2%$46m834,581
+$23m
+240,372 shares
Added
Crown HLDGS Inc
COM · CUSIP 228368106
0.2%$46m406,784
+$34m
+288,246 shares
Added
Trip Com Group LTD
NOTE 0.750% 6/1 · CUSIP 89677QAB3
0.2%$45m45,959,000
+$35m
+35,959,000 shares
Added
iShares TR
RUSSELL 2000 ETF PUT · CUSIP 464287655
0.2%$45m150,600
+$20m
+50,600 shares
Added
Penumbra Inc (PEN)
COM · CUSIP 70975L107
0.2%$45m142,309
+$23m
+74,309 shares
Added
iShares TR
RUSSELL 2000 ETF CALL · CUSIP 464287655
0.2%$44m146,100No earlier filingNew
Affirm HLDGS Inc
NOTE 0.750%12/1 · CUSIP 00827BAD8
0.2%$44m37,500,000
+$6.3m
-2,500,000 shares
Trimmed
Advanced Micro Devices Inc (AMD)
COM PUT · CUSIP 007903107
0.2%$44m75,400
-$114m
-698,000 shares
Trimmed
JPMorgan Chase & Co
COM · CUSIP 46625H100
0.2%$44m132,952
+$12m
+26,416 shares
Added
Alphabet Inc
CAP STK CL A PUT · CUSIP 02079K305
0.2%$43m120,700
+$33m
+84,400 shares
Added
Oracle Corp
COM PUT · CUSIP 68389X105
0.2%$43m293,600
+$43m
+289,800 shares
Added
Caesars Entertainment Inc Ne
COM · CUSIP 12769G100
0.2%$43m1,417,825
+$35m
+1,127,254 shares
Added
Qorvo Inc (QRVO)
COM · CUSIP 74736K101
0.2%$43m457,158
+$24m
+210,937 shares
Added
Huntington Bancshares Inc
COM · CUSIP 446150104
0.2%$42m2,374,923
-$5.4m
-658,268 shares
Trimmed
Seagate Technology Hldngs PL
ORD SHS · CUSIP G7997R103
0.2%$42m43,540
+$42m
+42,218 shares
Added
Amentum Holdings Inc (AMTM)
COM · CUSIP 023939101
0.2%$42m2,019,334
+$7.9m
+721,388 shares
Added
American Tower Corp
COM · CUSIP 03027X100
0.2%$41m253,336
+$9.4m
+67,670 shares
Added
Axalta Coating Sys LTD
COM · CUSIP G0750C108
0.2%$41m1,207,479
+$28m
+731,489 shares
Added
Lam Research Corp (LRCX)
COM NEW · CUSIP 512807306
0.2%$41m94,444
+$23m
+9,437 shares
Added
Silicon Laboratories Inc (SLAB)
COM · CUSIP 826919102
0.2%$41m186,776
+$12m
+47,297 shares
Added
Compass Inc (COMP)
CL A · CUSIP 20464U100
0.2%$41m3,286,458
+$16m
-87,093 shares
Trimmed
Crane Company (CR)
COMMON STOCK · CUSIP 224408104
0.2%$40m181,154
+$21m
+66,817 shares
Added
Johnson & Johnson (JNJ)
COM · CUSIP 478160104
0.2%$40m159,049
+$29m
+113,730 shares
Added
Royal Gold Inc (RGLD)
COM · CUSIP 780287108
0.2%$40m201,500
-$1.3m
+38,250 shares
Added
Strategy Inc
NOTE 0.875% 3/1 · CUSIP 594972AL5
0.2%$40m43,500,000
+$20m
+22,500,000 shares
Added
Crowdstrike HLDGS Inc
CL A PUT · CUSIP 22788C105
0.2%$40m52,100
+$32m
+32,200 shares
Added
Popular Inc
COM NEW · CUSIP 733174700
0.2%$40m241,896
-$9.7m
-126,489 shares
Trimmed
Crowdstrike HLDGS Inc
CL A · CUSIP 22788C105
0.2%$39m51,374
+$28m
+21,957 shares
Added
Akamai Technologies Inc (AKAM)
NOTE 1.125% 2/1 · CUSIP 00971TAN1
0.2%$39m32,800,000No earlier filingNew
Evergy Inc (EVRG)
COM · CUSIP 30034W106
0.2%$39m450,699
+$8.5m
+79,150 shares
Added
Wabtec
COM · CUSIP 929740108
0.2%$39m144,174
+$7.7m
+19,354 shares
Added
Cerebras Systems Inc (CBRS)
COM CL A · CUSIP 15675D103
0.2%$39m175,000No earlier filingNew
Roku Inc (ROKU)
COM CL A · CUSIP 77543R102
0.2%$38m277,600
+$31m
+195,204 shares
Added
Warner Bros Discovery Inc (WBD)
COM SER A CALL · CUSIP 934423104
0.2%$38m1,405,800
+$26m
+971,800 shares
Added
Bp plc
SPONSORED ADR · CUSIP 055622104
0.2%$37m1,013,308
-$11m
-8,740 shares
Trimmed
Rubrik Inc. (RBRK)
NOTE 6/1 · CUSIP 781154AD1
0.2%$37m36,500,000No earlier filingNew
Wec Energy Group Inc (WEC)
NOTE 4.375% 6/0 · CUSIP 92939UAR7
0.2%$37m30,000,000
+$6.3m
+5,000,000 shares
Added
Equinix Inc (EQIX)
COM · CUSIP 29444U700
0.2%$37m35,566
+$9.5m
+7,433 shares
Added
Nuvalent Inc
COM CALL · CUSIP 670703107
0.2%$37m300,000No earlier filingNew

Every filing on file

QuarterPeriod endFiledBookPositionsTop 10Filing
Q2 202630 Jun 202614 Aug 2026$19.7bn2,05525%13F-HR
Q1 202631 Mar 202615 May 2026$15.4bn2,19221%13F-HR
Q4 202531 Dec 202513 Feb 2026$25.5bn3,45925%13F-HR
Q3 202530 Sept 202514 Nov 2025$24.2bn3,72115%13F-HR
Q2 202530 Jun 202514 Aug 2025$22.5bn3,60311%13F-HR
Q1 202531 Mar 202515 May 2025$21.5bn3,28520%13F-HR
Q4 202431 Dec 202414 Feb 2025$25.3bn3,20422%13F-HR
Q3 202430 Sept 202414 Nov 2024$19.9bn3,14219%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.

Compare this against every other manager →How a hedge fund interview runs →

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.

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