SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Valor Management LLC

CIK 0001846237 · 320 N. SANGAMON STREET, SUITE 1200, CHICAGO, IL, 60607 · (312) 683-1900

Reported Value
$55M
Q4 2025
Positions
3
Filings on Record
18
2019–present window
Filed
Feb 13, 2026
original filing

Summary

Valor Management LLC reported $55M in U.S.-listed holdings across 3 positions for Q4 2025.

The portfolio is heavily concentrated: BWAY alone accounts for 91.7% of reported value.

Compared with Q3 2025, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+30.9%
vs prior filed quarter
Largest Position
+91.7%
Brainsway

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

13F Reported Value
Q4 ’21: $627.7BQ4 ’21Q2 ’22: $567MQ3 ’22: $521MQ4 ’22: $634MQ4 ’22Q1 ’23: $380MQ2 ’23: $402MQ3 ’23: $372MQ3 ’23Q4 ’23: $364MQ1 ’24: $480MQ2 ’24: $455MQ2 ’24Q3 ’24: $475MQ4 ’24: $249MQ1 ’25: $241MQ1 ’25Q2 ’25: $238MQ3 ’25: $67MQ4 ’25: $55MQ4 ’25Q1 ’26: $181Mfilingsflow.com

Portfolio Composition

By security type
ADR: 91.7%Common Stock: 8.3%
  • ADR · 91.7% · $51M
  • Common Stock · 8.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SONDQSONDER HOLDINGS INCSOLD OUT476.3K0$604,928$0
HRMYHARMONY BIOSCIENCES HLDGS INTRIMMED1.15M117.1K$31M$4M
BWAYBRAINSWAY LTDADDED+553.7K2.66M+$19M$51M
BIOABIOAGE LABS INCHELD+013.1K+$96,322$173,379

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

Holdings — Q4 2025

3 positions
#IssuerClass% PortfolioValueShares
1BWAYBRAINSWAY LTDhistory →SPONSORED ADS91.73%$51M2.66M
2HRMYHARMONY BIOSCIENCES HLDGS INhistory →COM7.95%$4M117.1K
3BIOABIOAGE LABS INCCOM0.31%$173,37913.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$181M5May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$55M3Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$67M4Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$238M4Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$241M4May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$249M4Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$475M4Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$455M6Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$480M6May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$364M3Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$372M4Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$402M5Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$380M4May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$634M4Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$521M3Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$567M3Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022Under review4May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$627.7B4Feb 9, 202213F-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 ↗.