Q2 2026 13F · SEC CIK 2078837

VARCOV Co.

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $263.4M
Reported positions: 352
Holdings vs S&P 500, 3 yrs: —
Assets under management: $549.6M

VARCOV Co. is a hedge fund that reported 352 positions worth $263.4M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Carmax Inc (KMX, 1.5%), Netstreit Corp (NTST, 1.5%), Advanced Drain Sys Inc Del (WMS, 1.2%).

VARCOV Co. holdings largest 50 of 352 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

VARCOV Co. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
KMXCarmax Inc	1.5%	—	75,144	—	$4.0M
NTSTNetstreit Corp	1.5%	—	182,213	—	$3.9M
WMSAdvanced Drain Sys Inc Del	1.2%	—	20,190	—	$3.2M
UWMCUwm Holdings Corporation	1.2%	0.6%	1,375,522	+194.1%	$3.1M
FSKFs Kkr Capital Corp	1.1%	—	274,163	—	$2.9M
ATLCAtlanticus Holdings Corp	1.0%	—	26,491	—	$2.7M
SMPLSimply Good Foods Co	1.0%	—	195,369	—	$2.6M
COURCoursera Inc	0.9%	—	431,106	—	$2.4M
MOSMosaic Co	0.9%	—	109,714	—	$2.3M
CURBCurbline Pptys Corp	0.9%	—	74,522	—	$2.3M
SKYChampion Homes Inc	0.9%	—	25,597	—	$2.3M
OSCROscar Health, Inc.	0.8%	0.8%	77,707	-59.6%	$2.2M
PFSIPennymac Finl Svcs Inc New	0.8%	—	25,394	—	$2.2M
HOGHarley Davidson Inc	0.8%	0.7%	87,653	-4.7%	$2.1M
PCTYPaylocity Hldg Corp	0.8%	0.8%	19,961	-4.6%	$2.1M
VSATViasat Inc Com	0.8%	—	22,988	—	$2.1M
DXCDxc Technology Co	0.8%	—	232,103	—	$2.1M
AMNAmn Healthcare Services Inc	0.8%	0.6%	62,861	-24.0%	$2.0M
EYENational Vision Hldgs Inc	0.7%	—	103,658	—	$2.0M
ANFAbercrombie & Fitch Co	0.7%	—	21,528	—	$1.9M
INGMIngram Micro Hldg Corp	0.7%	0.9%	69,044	-32.3%	$1.9M
BILLBill Holdings Inc	0.7%	0.5%	52,175	+44.3%	$1.9M
ALKTAlkami Technology Inc	0.7%	—	101,983	—	$1.8M
LUMNLumen Technologies Inc	0.7%	—	237,007	—	$1.8M
AVOMission Produce Inc	0.7%	—	151,794	—	$1.8M
CCOClear Channel Outdoor Hldgs	0.7%	—	713,195	—	$1.7M
CNCCentene Corp Del	0.7%	—	26,806	—	$1.7M
ORCOrchid Island Capital Inc.	0.6%	—	244,708	—	$1.7M
SKWDSkyward Specialty Insurance Gr	0.6%	—	28,783	—	$1.7M
FRSHFreshworks Inc Class A Com	0.6%	0.9%	165,090	-45.6%	$1.7M
BBWIBath & Body Works Inc (BBWI)	0.6%	0.7%	71,942	-28.6%	$1.7M
ASGNEverforth Inc	0.6%	—	92,486	—	$1.7M
CNSCohen & Steers Inc	0.6%	—	21,692	—	$1.7M
DHCDiversified Healthcare Tr	0.6%	—	177,555	—	$1.7M
IVRInvesco Mortgage Capital Inc	0.6%	—	207,364	—	$1.6M
PAYOPayoneer Global Inc	0.6%	—	228,902	—	$1.6M
NNNextnav Inc	0.6%	—	88,791	—	$1.6M
ECVTEcovyst Inc	0.6%	1.3%	125,347	-55.0%	$1.6M
MDPediatrix Medical Group Inc	0.6%	—	60,414	—	$1.5M
HNIHNI Corp	0.6%	—	37,862	—	$1.5M
UTZUtz Brands Cl A Ord	0.6%	—	197,854	—	$1.5M
PRVAPrivia Health Group Inc	0.6%	—	58,732	—	$1.5M
TNETTrinet Group Inc	0.6%	—	30,390	—	$1.5M
ULCCFrontier Group Hldgs Inc	0.6%	—	184,084	—	$1.5M
UHALU Haul Holding Company	0.6%	0.5%	22,195	-25.8%	$1.5M
UNFIUnited Nat Foods Inc	0.5%	—	31,521	—	$1.4M
PLTRPalantir Technologies Inc	0.5%	—	11,965	—	$1.4M
HCSGHealthcare Svcs Group Inc	0.5%	—	56,460	—	$1.4M
TPLTexas Pacific Land Corporati	0.5%	—	3,144	—	$1.4M
WSRWhitestone REIT	0.5%	—	71,843	—	$1.4M

What VARCOV Co. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

UWMC Uwm Holdings Corporation+194.1% shares
BILL Bill Holdings Inc+44.3% shares

Reduced

OSCR Oscar Health, Inc.-59.6% shares
ECVT Ecovyst Inc-55.0% shares
FRSH Freshworks Inc Class A Com-45.6% shares
INGM Ingram Micro Hldg Corp-32.3% shares
BBWI Bath & Body Works Inc (BBWI)-28.6% shares
UHAL U Haul Holding Company-25.8% shares
AMN Amn Healthcare Services Inc-24.0% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$263.4M	352
Q1 2026	$268.2M	363
Q4 2025	$253.4M	436

Questions about VARCOV Co.'s portfolio

What stocks does VARCOV Co. own?

VARCOV Co.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 352 positions worth $263.4M. The largest are Carmax Inc (KMX) at 1.5%, Netstreit Corp (NTST) at 1.5%, Advanced Drain Sys Inc Del (WMS) at 1.2%, Uwm Holdings Corporation (UWMC) at 1.2% and Fs Kkr Capital Corp (FSK) at 1.1%.

What did VARCOV Co. buy last quarter?

In Q2 2026, VARCOV Co. added Uwm Holdings Corporation (UWMC) (+194.1% shares) and Bill Holdings Inc (BILL) (+44.3% shares), compared with its Q1 2026 filing.

What did VARCOV Co. sell last quarter?

In Q2 2026, VARCOV Co. cut from its top 50 Wisdomtree Inc (WETF), cut from its top 50 Textron Inc (TXT), cut from its top 50 Cullen Frost Bankers Inc (CFR), cut from its top 50 Healthcare Rlty Tr (HR), cut from its top 50 Openlane Inc (KAR), Oscar Health, Inc. (OSCR) (-59.6% shares), Ecovyst Inc (ECVT) (-55.0% shares) and Freshworks Inc Class A Com (FRSH) (-45.6% shares), compared with its Q1 2026 filing.

When is VARCOV Co.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. VARCOV Co.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does VARCOV Co. manage?

VARCOV Co. reported $549.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $263.4M.