SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Veradace Capital Management LLC

CIK 0001772351 · 3889 MAPLE AVE, SUITE 220, DALLAS, TX, 75219 · 913-908-4943

Reported Value
$164M
Q4 2025
Positions
27
Filings on Record
2
2019–present window
Filed
Feb 18, 2026
original filing

Summary

Veradace Capital Management LLC reported $164M in U.S.-listed holdings across 27 positions for Q4 2025.

The portfolio is heavily concentrated: Eventbrite alone accounts for 22.0% of reported value.

Portfolio Metrics

Top-10 Concentration
+80.3%
share of reported value
Largest Position
+22.0%
Eventbrite

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’25: $164MQ4 ’25Q1 ’26: $112MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 83.7%Other: 11.7%ADR: 4.6%
  • Common Stock · 83.7% · $137M
  • Other · 11.7% · $19M
  • ADR · 4.6% · $7M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
EVENTBRITE INCNEW+8.08M8.08M+$36M$36M
TIPTTIPTREE INCNEW+1.42M1.42M+$26M$26M
RPAYREPAY HLDGS CORPNEW+5.80M5.80M+$21M$21M
DOMODOMO INCNEW+1.56M1.56M+$13M$13M
ADVANCE AUTO PARTS INCNEW+200.0K200.0K+$8M$8M
TIPTREE INCNEW+419.3K419.3K+$8M$8M
BABAALIBABA GROUP HLDG LTDNEW+51.0K51.0K+$7M$7M
TPBTURNING PT BRANDS INCNEW+62.7K62.7K+$7M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

22 positions
#IssuerClass% PortfolioValueShares
1EVENTBRITE INCCOM CL A21.98%$36M8.08M
2TIPTTIPTREE INChistory →COM15.89%$26M1.42M
3RPAYREPAY HLDGS CORPhistory →COM CL A12.94%$21M5.80M
4DOMODOMO INChistory →COM CL B8.03%$13M1.56M
5BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS4.57%$7M51.0K
6TPBTURNING PT BRANDS INChistory →COM4.15%$7M62.7K
7EWCZEUROPEAN WAX CTR INChistory →CLASS A COM3.99%$7M1.81M
8ACVAACV AUCTIONS INChistory →COM CL A3.92%$6M800.5K
9SSTISOUNDTHINKING INChistory →COM2.89%$5M588.4K
10SNFCASECURITY NATL FINL CORPhistory →CL A NEW1.94%$3M353.1K
11LPROOPEN LENDING CORPhistory →COM1.45%$2M1.53M
12QRHCQUEST RESOURCE HLDG CORPhistory →COM NEW1.43%$2M1.26M
13PRCHPORCH GROUP INChistory →COM1.34%$2M240.2K
14IDTIDT CORPhistory →CL B NEW1.29%$2M41.2K
15CNTYCENTURY CASINOS INChistory →COM1.27%$2M1.56M
16JAMFJAMF HLDG CORPCOM0.36%$595,14245.7K
17SEATVIVID SEATS INCCOM CL A0.31%$507,15970.3K
18ASPEN INSURANCE HOLDINGS LTDORD SHS CL A0.30%$498,03013.4K
19FTHMFATHOM HOLDINGS INCCOM0.28%$458,989454.4K
20FOXFFOX FACTORY HLDG CORPCOM0.18%$287,08916.8K
21DVDOUBLEVERIFY HLDGS INCCOM0.07%$114,40010.0K
22DTIDRILLING TOOLS INTL CORPCOM0.04%$61,96525.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$112M27May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$164M27Feb 18, 202613F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.