13F HOLDINGS REPORT
Varde Management, L.P.
Quarter ended Q4 2025 · Filed February 12, 2026 · Accession 0001193125-26-048126
Total Value
$37.4M
Positions
3
Other Managers
0
Confidential Omitted
No
Holdings (3)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | EchoStar Corp | SATS | 205,400 | $22.3M | 59.66% |
| 2 | Nabors Industries Ltd | NBRWF | 264,220 | $14.3M | 38.34% |
| 3 | Ashford Hospitality Tr Inc | AHT-PD | 175,512 | $747,681 | 2.00% |