Managers / Q3 2022 · view latest →
Valor Management LLC
CIK 0001846237 · 320 N. SANGAMON STREET, SUITE 1200, CHICAGO, IL, 60607 · (312) 683-1900
Summary
Valor Management LLC reported $521M in U.S.-listed holdings across 3 positions for Q3 2022.
The portfolio is heavily concentrated: HRMY alone accounts for 95.5% of reported value.
The book was largely unchanged from Q2 2022.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 95.5% · $497M
- Other · 4.5% · $24M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| HRMYHARMONY BIOSCIENCES HLDGS IN | HELD | +0 | 11.22M | −$50M | $497M |
| SONDER HOLDINGS INC | HELD | +0 | 9.53M | +$6M | $16M |
| BIRD GLOBAL INC | HELD | +0 | 22.27M | −$2M | $8M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | HRMYHARMONY BIOSCIENCES HLDGS INhistory → | COM | 95.45% | $497M | 11.22M |
| 2 | SONDER HOLDINGS INC | CLASS A COM | 3.04% | $16M | 9.53M |
| 3 | BIRD GLOBAL INC | COM CL A | 1.51% | $8M | 22.27M |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $181M | 5 | May 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $55M | 3 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $67M | 4 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $238M | 4 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $241M | 4 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $249M | 4 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $475M | 4 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $455M | 6 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $480M | 6 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $364M | 3 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $372M | 4 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $402M | 5 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $380M | 4 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $634M | 4 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $521M | 3 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $567M | 3 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | Under review | 4 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $627.7B | 4 | Feb 9, 2022 | 13F-HR | changes · 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 ↗.