Hedge fund

Verition Fund Management LLC

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1454027

Reported value: $13.1bn
Positions we cover: 946
Copy, a year: +13.2%
Copy Sharpe ratio: 0.69

How copying its 13F would have done

CopyS&P 500 $10,000 copying Verition Fund Management LLC's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −32.4% (S&P 500 −31.8%); beta 1.00; alpha −0.6% a year (t = −0.33); last 12 months +17.5% against +12.1%.

Reported value by quarter

Verition Fund Management LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$353.2M
2013-09-30	$355M
2013-12-31	$302.8M
2014-03-31	$327.2M
2014-06-30	$444.6M
2014-09-30	$402.4M
2014-12-31	$295.2M
2015-03-31	$235M
2015-06-30	$391.8M
2015-09-30	$298.3M
2015-12-31	$364.3M
2016-03-31	$411.2M
2016-06-30	$553.4M
2016-09-30	$663.9M
2016-12-31	$784.2M
2017-03-31	$801.7M
2017-06-30	$666.9M
2017-09-30	$858.4M
2017-12-31	$761.5M
2018-03-31	$1B
2018-06-30	$1.2B
2018-09-30	$1.8B
2018-12-31	$863.3M
2019-03-31	$1.9B
2019-06-30	$1.5B
2019-09-30	$1.3B
2019-12-31	$2.4B
2020-03-31	$724.3M
2020-06-30	$1.4B
2020-09-30	$2.2B
2020-12-31	$5B
2021-03-31	$4.1B
2021-06-30	$5.2B
2021-09-30	$5.2B
2021-12-31	$6.9B
2022-03-31	$4B
2022-06-30	$4.5B
2022-09-30	$6B
2022-12-31	$3.9T
2023-03-31	$5B
2023-06-30	$5.2B
2023-09-30	$6.3B
2023-12-31	$8.4B
2024-03-31	$9.2B
2024-06-30	$11.7B
2024-09-30	$13.1B
2024-12-31	$19.2B
2025-03-31	$16.9B
2025-06-30	$16.7B
2025-09-30	$16.8B
2025-12-31	$17.6B
2026-03-31	$9.7B
2026-06-30	$13.1B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NSCNorfolk Southern	1.82%	$238.7m	758.7K	+3.8% Added
MUMicron Technology	1.21%	$157.9m	136.8K	+23.5% Added
AONAon plc	0.97%	$127.7m	385.0K	+68.7% Added
ALLAllstate	0.80%	$104.9m	440.9K	+17.1% Added
BENFranklin Resources	0.76%	$99.2m	2.98M	−1.4% Reduced
TRVThe Travelers Companies	0.75%	$98.2m	297.4K	+14.5% Added
KVUEKenvue	0.66%	$86.8m	4.54M	+19.9% Added
GOOGLAlphabet Inc. (Class A)	0.60%	$78.8m	220.5K	+299.1% Added
BBTBeacon Financial Corp	0.56%	$73.2m	2.40M	+19.3% Added
CMECME Group	0.54%	$70.5m	319.2K	+36508.8% Added
AMZNAmazon	0.53%	$69.4m	291.1K	+19.1% Added
AMDAdvanced Micro Devices	0.52%	$68.7m	118.3K	+165.0% Added
TXNMTxnm Energy Inc	0.52%	$68.3m	1.20M	−10.7% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	0.51%	$67.2m	140.8K	+46.7% Added
AESAES Corporation	0.51%	$66.3m	4.52M	−1.8% Reduced
DPCDPC Holdings PLC	0.51%	$66.3m	1.35M	New
ONBOLD National Bancorp	0.49%	$64.4m	2.48M	−51.3% Reduced
STMStmicroelectronics N.V.	0.47%	$61.3m	818.3K	+340.9% Added
WDCWestern Digital	0.45%	$59.5m	93.2K	+157.0% Added
PHParker Hannifin	0.41%	$53.7m	54.9K	+3932.2% Added
INDBIndependent Bank Corp	0.40%	$52.5m	627.4K	−10.5% Reduced
SIGISelective Insurance Group Inc	0.40%	$51.8m	534.5K	+10.4% Added
ETREntergy	0.39%	$51.5m	448.0K	+81.9% Added
SOSouthern Company	0.37%	$48.7m	508.4K	+8253.8% Added
ASBAssociated Banc-corp	0.36%	$47.6m	1.55M	−15.7% Reduced
AEPAmerican Electric Power	0.36%	$47.5m	346.9K	+46.3% Added
SSBSouthstate Bank Corp	0.35%	$46.4m	464.0K	+97.6% Added
WSBCWesbanco Inc	0.35%	$46.0m	1.18M	−21.2% Reduced
FBINFortune Brands Innovations, Inc.	0.35%	$45.8m	834.6K	+40.5% Added
CCKCrown Holdings, Inc.	0.35%	$45.5m	406.8K	+243.2% Added
PENPenumbra Inc	0.34%	$44.9m	142.3K	+109.3% Added
JPMJPMorgan Chase	0.33%	$43.5m	133.0K	+24.8% Added
CZRCaesars Entertainment, Inc.	0.33%	$42.8m	1.42M	+387.9% Added
HBANHuntington Bancshares	0.32%	$42.1m	2.37M	−21.7% Reduced
STXSeagate Technology	0.32%	$42.0m	43.5K	+3193.5% Added
AMTMAmentum Holdings, Inc.	0.32%	$41.7m	2.02M	+55.6% Added
AMTAmerican Tower	0.32%	$41.4m	253.3K	+36.4% Added
AXTAAxalta Coating Systems Ltd.	0.32%	$41.3m	1.21M	+153.7% Added
LRCXLam Research	0.31%	$40.9m	94.4K	+11.1% Added
SLABSilicon Laboratories Inc.	0.31%	$40.8m	186.8K	+33.9% Added
COMPCompass, Inc.	0.31%	$40.5m	3.29M	−2.6% Reduced
CRCrane Co	0.31%	$40.4m	181.2K	+58.4% Added
JNJJohnson & Johnson	0.31%	$40.4m	159.0K	+251.0% Added
RGLDRoyal Gold Inc	0.31%	$40.2m	201.5K	+23.4% Added
BPOPPopular, Inc.	0.30%	$39.7m	241.9K	−34.3% Reduced
CRWDCrowdStrike	0.30%	$39.2m	51.4K	+74.6% Added
EVRGEvergy	0.30%	$39.0m	450.7K	+21.3% Added
WABWabtec	0.30%	$38.9m	144.2K	+15.5% Added
CBRSCerebras Systems Inc.	0.29%	$38.7m	175.0K	New
ROKURoku, Inc	0.29%	$38.3m	277.6K	+236.9% Added
EQIXEquinix	0.28%	$37.1m	35.6K	+26.4% Added
AMATApplied Materials	0.28%	$36.5m	50.5K	−5.9% Reduced
BGBunge Global	0.28%	$36.3m	340.4K	+15.6% Added
ELThe Estée Lauder Companies	0.28%	$36.3m	460.2K	+87.8% Added
ONONOn Holding AG	0.28%	$36.2m	1.02M	+217.8% Added
MDLNMedline Inc.	0.28%	$36.1m	915.0K	+6.9% Added
SHELShell plc	0.28%	$36.0m	464.9K	−12.1% Reduced
NVDANVIDIA Corporation	0.28%	$36.0m	180.1K	−10.7% Reduced
METAMeta Platforms	0.27%	$34.8m	61.8K	+92.1% Added
USBU.S. Bancorp	0.26%	$33.8m	560.4K	+1.2% Added
MSFTMicrosoft Corporation	0.26%	$33.8m	90.7K	+71.4% Added
PNFPPinnacle Financial Partners, Inc.	0.26%	$33.4m	331.1K	+37.5% Added
VALValaris Ltd	0.25%	$33.3m	458.9K	+192.5% Added
PPLPPL Corporation	0.25%	$32.9m	906.1K	+24.9% Added
DDOGDatadog, Inc.	0.25%	$32.6m	125.2K	+16.8% Added
XELXcel Energy	0.25%	$32.3m	401.9K	+12380.6% Added
ORLYO'Reilly Automotive	0.24%	$32.2m	349.1K	−1.4% Reduced
AHRAmerican Healthcare Reit, Inc.	0.24%	$32.0m	613.1K	+142.5% Added
GLWCorning Inc.	0.24%	$31.5m	123.4K	−42.0% Reduced
WFCWells Fargo	0.24%	$31.5m	381.3K	+632.7% Added
TECHBio-Techne	0.24%	$31.0m	438.7K	+719.8% Added
CTRECaretrust Reit, Inc.	0.24%	$31.0m	767.3K	+1176.7% Added
ORCLOracle Corporation	0.24%	$30.9m	210.9K	+699.2% Added
LLYVKLiberty Live Holdings, Inc.	0.23%	$30.8m	291.5K	+141.6% Added
FHNFirst Horizon Corp	0.23%	$30.5m	1.19M	+94.2% Added
AAPLApple Inc.	0.23%	$30.3m	104.6K	−28.1% Reduced
SPXCSPX Technologies, Inc.	0.23%	$30.2m	123.3K	New
SPGIS&P Global	0.23%	$30.2m	74.1K	+2872.5% Added
TOLToll Brothers, Inc.	0.23%	$30.0m	182.3K	+92.6% Added
PNCPNC Financial Services	0.23%	$29.5m	120.0K	+6.9% Added
SNOWSnowflake Inc.	0.22%	$29.0m	113.9K	+492.6% Added
DTEDTE Energy	0.22%	$28.3m	185.7K	−9.9% Reduced
TGTTarget Corporation	0.22%	$28.2m	216.2K	+56.3% Added
EMEEmcor	0.21%	$27.9m	33.6K	+80.4% Added
SNDKSandisk	0.21%	$27.0m	11.9K	−41.3% Reduced
KTBKontoor Brands, Inc.	0.20%	$26.8m	321.8K	+257.6% Added
OROR Royalties Inc.	0.20%	$26.5m	837.5K	−2.5% Reduced
AGIAlamos Gold Inc	0.20%	$26.3m	867.0K	+93.8% Added
APTVAptiv	0.20%	$26.2m	426.1K	+12.1% Added
NBISNebius Group N.V.	0.20%	$26.1m	94.5K	−53.1% Reduced
NEENextEra Energy	0.20%	$25.8m	294.0K	−42.4% Reduced
KRKroger	0.19%	$25.2m	454.5K	+41.4% Added
MAMastercard	0.19%	$24.6m	47.9K	+11.6% Added
BCCBoise Cascade Co	0.19%	$24.5m	316.1K	−23.0% Reduced
ACMAecom	0.19%	$24.4m	349.5K	+2.9% Added
WMTWalmart	0.18%	$24.3m	214.2K	+227.0% Added
UNHUnitedHealth Group	0.18%	$23.7m	57.1K	+37.1% Added
EXPEagle Materials Inc	0.18%	$23.6m	104.9K	+10.2% Added
BRXBrixmor Property Group Inc.	0.18%	$23.5m	743.8K	+100.2% Added
VRTVertiv	0.18%	$23.4m	69.8K	−18.7% Reduced
INTCIntel	0.17%	$23.0m	164.5K	−55.2% Reduced
CCLCarnival Corporation	0.17%	$22.4m	785.5K	New
PANWPalo Alto Networks	0.17%	$21.8m	63.9K	−65.7% Reduced
AVGOBroadcom	0.17%	$21.8m	57.6K	+95.2% Added
NVTnVent Electric plc	0.17%	$21.6m	127.3K	+1567.2% Added
QCOMQualcomm	0.16%	$21.5m	116.2K	+1030.1% Added
INVHInvitation Homes	0.16%	$21.4m	707.2K	−1.6% Reduced
FIVEFive Below, Inc	0.16%	$21.3m	118.4K	+38.2% Added
WTRGEssential Utilities, Inc.	0.16%	$21.2m	552.8K	+626.9% Added
AEEAmeren	0.16%	$20.8m	184.1K	−24.5% Reduced
VRNSVaronis Systems Inc	0.16%	$20.8m	495.1K	+38.3% Added
DTDynatrace, Inc.	0.16%	$20.6m	468.7K	+155.2% Added
ZIONZions Bancorporation, National Association	0.15%	$20.2m	291.7K	+40.4% Added
TMUST-Mobile US	0.15%	$20.2m	120.3K	+68.9% Added
NWENorthwestern Energy Group, Inc.	0.15%	$20.1m	280.7K	+865.9% Added
NINiSource	0.15%	$19.8m	416.0K	+25.3% Added
BEBloom Energy	0.15%	$19.7m	65.0K	New
SPOTSpotify Technology S.a.	0.15%	$19.6m	42.7K	−0.6% Reduced
HONAHoneywell Aerospace	0.15%	$19.6m	88.7K	New
WTFCWintrust Financial Corp	0.15%	$19.4m	120.7K	New
WYNNWynn Resorts	0.15%	$19.4m	199.6K	+323.8% Added
SSRMSSR Mining Inc.	0.15%	$19.1m	676.8K	−55.3% Reduced
BUSEFirst Busey Corp	0.14%	$18.9m	640.9K	−19.7% Reduced
HDThe Home Depot	0.14%	$18.8m	53.2K	+170.3% Added
BRZEBraze, Inc.	0.14%	$18.6m	859.7K	+73.2% Added
PCGPG&E Corporation	0.14%	$18.2m	1.08M	−15.6% Reduced
LPXLouisiana-pacific Corp	0.14%	$18.2m	231.3K	−27.0% Reduced
EWEdwards Lifesciences	0.14%	$18.2m	200.7K	+3222.8% Added
TFCTruist Financial	0.14%	$18.1m	364.2K	−11.7% Reduced
SGISomnigroup International Inc.	0.14%	$17.8m	227.5K	+439.9% Added
HDBHdfc Bank LTD	0.14%	$17.8m	687.3K	+317.8% Added
BSXBoston Scientific	0.13%	$17.5m	410.2K	+330.1% Added
TJXTJX Companies	0.13%	$17.5m	115.3K	+277.2% Added
DTMDT Midstream, Inc.	0.13%	$17.2m	117.2K	+408.9% Added
LGNLegence Corp.	0.13%	$16.8m	197.0K	+135.4% Added
CSCOCisco	0.13%	$16.8m	143.0K	+443.9% Added
BBYBest Buy	0.13%	$16.6m	218.4K	+6685.7% Added
ESEversource Energy	0.13%	$16.5m	228.2K	New
ASAmer Sports, Inc.	0.13%	$16.4m	486.1K	+31.2% Added
FIXComfort Systems USA	0.13%	$16.3m	8.2K	−14.1% Reduced
MRVLMarvell Technology	0.12%	$16.2m	54.4K	+1207.0% Added
CMICummins	0.12%	$16.1m	22.6K	+14.0% Added
LITELumentum	0.12%	$15.8m	18.4K	−28.7% Reduced
MDBMongodb, Inc.	0.12%	$15.5m	46.3K	−33.5% Reduced
NTSTNetstreit Corp.	0.12%	$15.4m	729.7K	−19.8% Reduced
DOVDover Corporation	0.12%	$15.2m	67.8K	−15.5% Reduced
KDPKeurig Dr Pepper	0.12%	$15.2m	464.3K	−47.6% Reduced
ASXASE Technology Holding Co., Ltd.	0.11%	$15.0m	331.4K	−40.3% Reduced
REXRRexford Industrial Realty, Inc.	0.11%	$14.8m	441.4K	+334.4% Added
ALSNAllison Transmission Holdings Inc	0.11%	$14.6m	129.1K	−4.3% Reduced

Company	Bought (value)	Shares
CMECME Group	$70.3m	318.4K
DPCDPC Holdings PLC	$66.3m	1.35M
GOOGLAlphabet Inc. (Class A)	$59.1m	165.2K
PHParker Hannifin	$52.4m	53.6K
AONAon plc	$52.0m	156.8K
SOSouthern Company	$48.1m	502.3K
STMStmicroelectronics N.V.	$47.4m	632.7K
AMDAdvanced Micro Devices	$42.8m	73.6K
STXSeagate Technology	$40.7m	42.2K
CBRSCerebras Systems Inc.	$38.7m	175.0K
WDCWestern Digital	$36.4m	56.9K
CZRCaesars Entertainment, Inc.	$34.0m	1.13M
CCKCrown Holdings, Inc.	$32.2m	288.2K
XELXcel Energy	$32.0m	398.7K
SPXCSPX Technologies, Inc.	$30.2m	123.3K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
BROBrown & Brown	−$70.9m	−1.09M
ONBOLD National Bancorp	−$67.9m	−2.62M
CINFCincinnati Financial	−$49.0m	−264.4K
SJMThe J.M. Smucker Company	−$48.4m	−430.1K
PANWPalo Alto Networks	−$41.8m	−122.6K
RNRRenaissancere Holdings LTD	−$38.8m	−122.5K
LNGCheniere Energy, Inc.	−$31.0m	−109.2K
JCIJohnson Controls	−$30.4m	−208.2K
NBISNebius Group N.V.	−$29.6m	−107.2K
LNTAlliant Energy	−$28.7m	−399.5K
INTCIntel	−$28.3m	−202.9K
FEFirstEnergy	−$27.5m	−541.9K
ROSTRoss Stores	−$23.8m	−111.6K
SSRMSSR Mining Inc.	−$23.7m	−838.9K
RALRalliant Corp	−$23.7m	−569.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
BROBrown & Brown	$70.9m	1.09M
LNGCheniere Energy, Inc.	$31.0m	109.2K
LNTAlliant Energy	$28.7m	399.5K
FEFirstEnergy	$27.5m	541.9K
RALRalliant Corp	$23.7m	569.8K
OKEOneok	$23.2m	256.2K
NETCloudflare, Inc.	$21.1m	102.0K
UNPUnion Pacific Corporation	$20.6m	85.1K
AJGArthur J. Gallagher & Co.	$19.6m	90.6K
BLDRBuilders Firstsource, Inc.	$18.8m	228.4K
LSTRLandstar System Inc	$17.2m	107.1K
CNPCenterPoint Energy	$17.1m	396.8K
HSYThe Hershey Company	$14.4m	69.1K
JBLJabil	$12.7m	47.8K
COHRCoherent Corp.	$12.0m	50.4K
RVMDRevolution Medicines, Inc.	$10.7m	110.0K
ASTSAST Spacemobile, Inc.	$10.7m	128.8K
CVECenovus Energy Inc.	$10.5m	394.5K
SSDSimpson Manufacturing Co., Inc.	$9.4m	54.9K
OGEOGE Energy Corp.	$9.1m	189.9K
AXONAxon Enterprise	$8.9m	21.0K
CBSHCommerce Bancshares Inc	$7.9m	160.2K
KEXKirby Corp	$7.7m	58.2K
PLDPrologis	$7.6m	57.3K
BIRKBirkenstock Holding plc	$7.5m	209.1K
TELTE Connectivity	$7.0m	33.5K
CMSCMS Energy	$6.9m	88.5K
XPOXPO, Inc.	$6.2m	32.1K
SSentinelone, Inc.	$6.2m	482.7K
WELLWelltower	$6.2m	31.2K

Financials18.4%
Technology16.8%
Industrials15.8%
Consumer Discretionary10.9%
Utilities7.4%
Health Care7.4%
Real Estate6.6%
Consumer Staples5.8%
Materials4.7%
Communication Services4.3%
Energy2.0%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+13.2%	+14.1%	0.69	0.78	−32.4%	1.00
2018 onwardsJanuary 5, 2018 to November 2, 2026	+11.2%	+13.9%	0.50	0.66	−32.4%	1.00
Last three yearsNovember 3, 2023 to November 2, 2026	+22.2%	+21.8%	1.13	1.16	−18.3%	0.91
Last yearNovember 7, 2025 to November 2, 2026	+18.8%	+14.2%	1.14	0.84	−8.2%	0.72

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.