Watershed Asset Management, L.L.C.
Sector Allocation
- Technology33.7%$37.7M
- Financials18.8%$21.0M
- Healthcare13.0%$14.5M
- Consumer Discretionary11.2%$12.5M
- Other10.5%$11.8M
- Industrials6.1%$6.9M
- Communication Services3.5%$3.9M
- Consumer Staples1.7%$1.9M
- Utilities0.7%$793,917
- Materials0.5%$546,670
AUM History
13fpro.ai/research/fund/watershed-asset-management-l-l-c-1315926
Conviction and streaks
Stable · top 10 = 36.6%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
V
$5.4M- VANGUARD$5.3M
TMO
$4.6MAMZN
$4.5MMCO
$4.2M- ISHARES$4.0M
META
$3.6MTSM
$3.5MIVZ
$3.2MSE
$2.7MAMAT
$2.7MRGEN
$2.6M- ISHARES$2.5M
DASH
$2.4MADI
$2.4MSHOP
$2.3MKLAC
$2.2MWRBY
$2.1MTER
$2.1MCXT
$625K
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/watershed-asset-management-l-l-c-1315926
Watershed Asset Management, L.L.C. 13F holdings — Q2 2026
$111.8M portfolio (+15.8% QoQ) · 116 holdings · Q2 2026 13F · top 10 are 37% of the stock portfolio
$5.4M
4.8% of stocks
+11%This quarter+11.0%Since filed3+ qtrsHeld- 2
VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US
$5.3M
4.7% of stocks
-17%This quarter—Since filed—HeldAIQuality—Est. buy— $4.6M
4.1% of stocks
+31%This quarter+16.4%Since filed3+ qtrsHeld$4.5M
4.0% of stocks
+29%This quarter-5.2%Since filed2 qtrsHeld$4.2M
3.8% of stocks
+32%This quarter-0.1%Since filed2 qtrsHeld- 6
ISHARES INC - MSCI MEXICO ETF
$4.0M
3.6% of stocks
No changeThis quarter—Since filed—HeldAIQuality—Est. buy— $3.6M
3.2% of stocks
+26%This quarter+6.9%Since filed3+ qtrsHeld$3.5M
3.2% of stocks
NewThis quarter-0.5%Since filedNew this quarterHeld$3.2M
2.9% of stocks
+50%This quarter-12.3%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$2.7M
2.4% of stocks
NewThis quarter-39.3%Since filedNew this quarterHeld
All holdings — Watershed Asset Management, L.L.C. (Q2 2026)
116 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | APPLIED MATERIALS INC /DE | Technology | $2.7M | 2.4% | 3,750 | -56% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | REPLIGEN CORP | Healthcare | $2.6M | 2.3% | 19K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | — | ISHARES TR - MSCI INDIA ETFetf/fund | — | $2.5M | 2.2% | 50K | — | — | — | 13F |
| 14 | DoorDash, Inc. | Consumer Discretionary | $2.4M | 2.2% | 13K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | ANALOG DEVICES INC | Technology | $2.4M | 2.1% | 6,000 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | SHOPIFY INC. | Technology | $2.3M | 2.0% | 20K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | KLA CORP | Technology | $2.2M | 2.0% | 7,400 | +374% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Warby Parker Inc. | Healthcare | $2.1M | 1.9% | 71K | — | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | TERADYNE, INC | Technology | $2.1M | 1.9% | 4,350 | -51% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | Crane NXT, Co. | Industrials | $625K | 0.6% | 12K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | QUALYS, INC. | Technology | $600K | 0.5% | 4,366 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Pagaya Technologies Ltd. | Financials | $599K | 0.5% | 33K | -18% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | INSIGHT ENTERPRISES INC | Consumer Discretionary | $597K | 0.5% | 4,899 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | RingCentral, Inc. | Technology | $596K | 0.5% | 15K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Consensus Cloud Solutions, Inc. | Technology | $595K | 0.5% | 16K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $CDW | CDW Corp | Consumer Discretionary | $585K | 0.5% | 4,160 | +16% | |||
| 27 | $EEFT | EURONET WORLDWIDE, INC. | Financials | $582K | 0.5% | 7,950 | +18% | |||
| 28 | $GDDY | GoDaddy Inc. | Technology | $581K | 0.5% | 6,848 | New | |||
| 29 | $FIVN | Five9, Inc. | Technology | $579K | 0.5% | 27K | New | |||
| 30 | $AMKR | AMKOR TECHNOLOGY, INC. | Technology | $579K | 0.5% | 6,716 | -33% | |||
| 31 | $DVA | DAVITA INC. | Healthcare | $576K | 0.5% | 2,590 | -14% | |||
| 32 | $BLKB | BLACKBAUD INC | Technology | $574K | 0.5% | 19K | New | |||
| 33 | $WEX | WEX Inc. | Industrials | $570K | 0.5% | 4,043 | +36% | |||
| 34 | $CARG | CarGurus, Inc. | Technology | $569K | 0.5% | 17K | +26% | |||
| 35 | $ADBE | ADOBE INC. | Technology | $566K | 0.5% | 2,759 | +45% | |||
| 36 | $JBL | JABIL INC | Technology | $564K | 0.5% | 1,464 | -13% | |||
| 37 | $VMD | VIEMED HEALTHCARE, INC. | Healthcare | $564K | 0.5% | 49K | +4% | |||
| 38 | $PLAB | PHOTRONICS INC | Technology | $563K | 0.5% | 17K | New | |||
| 39 | $CNXN | PC CONNECTION INC | Technology | $561K | 0.5% | 7,680 | New | |||
| 40 | $DBD | DIEBOLD NIXDORF, Inc | Technology | $559K | 0.5% | 6,572 | +15% | |||
| 41 | $PLUS | EPLUS INC | Technology | $558K | 0.5% | 6,699 | +16% | |||
| 42 | $KRNY | Kearny Financial Corp. | Financials | $557K | 0.5% | 59K | — | |||
| 43 | $CASS | CASS INFORMATION SYSTEMS INC | Industrials | $555K | 0.5% | 11K | New | |||
| 44 | $CPAY | CORPAY, INC. | Financials | $553K | 0.5% | 1,660 | +8% | |||
| 45 | $IBEX | IBEX Ltd | Technology | $547K | 0.5% | 18K | +7% | |||
| 46 | $BDC | BELDEN INC. | Materials | $547K | 0.5% | 4,559 | +23% | |||
| 47 | $CRM | Salesforce, Inc. | Technology | $546K | 0.5% | 3,488 | New | |||
| 48 | $SKYW | SKYWEST INC | Industrials | $546K | 0.5% | 5,492 | +7% | |||
| 49 | $OSIS | OSI SYSTEMS INC | Technology | $543K | 0.5% | 2,485 | New | |||
| 50 | $COLL | COLLEGIUM PHARMACEUTICAL, INC | Healthcare | $542K | 0.5% | 15K | +10% | |||
| 51 | $EPAM | EPAM Systems, Inc. | Technology | $539K | 0.5% | 6,794 | New | |||
| 52 | $CARS | Cars.com Inc. | Technology | $536K | 0.5% | 49K | New | |||
| 53 | $ZM | Zoom Communications, Inc. | Technology | $536K | 0.5% | 6,205 | +3% | |||
| 54 | $CRUS | CIRRUS LOGIC, INC. | Technology | $534K | 0.5% | 3,598 | +7% | |||
| 55 | $GEN | Gen Digital Inc. | Technology | $533K | 0.5% | 21K | -5% | |||
| 56 | $AVT | AVNET INC | Technology | $532K | 0.5% | 5,994 | -15% | |||
| 57 | $EBF | ENNIS, INC. | Communication Services | $532K | 0.5% | 25K | +14% | |||
| 58 | $NTAP | NetApp, Inc. | Technology | $530K | 0.5% | 3,425 | -24% | |||
| 59 | $IDT | IDT CORP | Communication Services | $530K | 0.5% | 9,112 | — | |||
| 60 | $TILE | INTERFACE INC | Consumer Discretionary | $528K | 0.5% | 15K | -22% | |||
| 61 | $R | RYDER SYSTEM INC | Consumer Discretionary | $527K | 0.5% | 1,999 | -17% | |||
| 62 | $BUSE | FIRST BUSEY CORP /NV/ | Financials | $524K | 0.5% | 18K | — | |||
| 63 | $VNT | Vontier Corp | Technology | $523K | 0.5% | 18K | +46% | |||
| 64 | $ANIP | ANI PHARMACEUTICALS INC | Healthcare | $519K | 0.5% | 6,275 | New | |||
| 65 | $SNX | TD SYNNEX CORP | Technology | $519K | 0.5% | 1,943 | -26% | |||
| 66 | $INGM | Ingram Micro Holding Corp | Technology | $518K | 0.5% | 19K | -6% | |||
| 67 | $CON | Concentra Group Holdings Parent, Inc. | Healthcare | $514K | 0.5% | 17K | -14% | |||
| 68 | $THC | TENET HEALTHCARE CORP | Healthcare | $514K | 0.5% | 2,748 | +23% | |||
| 69 | $MAN | ManpowerGroup Inc. | Industrials | $514K | 0.5% | 15K | -13% | |||
| 70 | $UHS | UNIVERSAL HEALTH SERVICES INC | Healthcare | $513K | 0.5% | 3,448 | +44% | |||
| 71 | $PAYC | Paycom Software, Inc. | Technology | $511K | 0.5% | 4,067 | New | |||
| 72 | $WMK | WEIS MARKETS INC | Consumer Staples | $511K | 0.5% | 6,523 | New | |||
| 73 | $MTCH | Match Group, Inc. | Technology | $510K | 0.5% | 13K | -9% | |||
| 74 | $IMKTA | INGLES MARKETS INC | Consumer Staples | $509K | 0.5% | 5,745 | +17% | |||
| 75 | $ARW | ARROW ELECTRONICS, INC. | Technology | $508K | 0.5% | 2,380 | -21% | |||
| 76 | $NGVC | Natural Grocers by Vitamin Cottage, Inc. | Consumer Staples | $506K | 0.5% | 16K | +8% | |||
| 77 | $CI | Cigna Group | Healthcare | $503K | 0.5% | 1,823 | +10% | |||
| 78 | $CFFN | Capitol Federal Financial, Inc. | Financials | $502K | 0.5% | 59K | — | |||
| 79 | $SIRI | SIRIUS XM HOLDINGS INC. | Communication Services | $502K | 0.5% | 17K | -10% | |||
| 80 | $HOPE | HOPE BANCORP INC | Financials | $501K | 0.5% | 37K | — | |||
| 81 | $CNOB | ConnectOne Bancorp, Inc. | Financials | $498K | 0.5% | 15K | -9% | |||
| 82 | $BANC | BANC OF CALIFORNIA, INC. | Financials | $498K | 0.5% | 24K | — | |||
| 83 | $WSBC | WESBANCO INC | Financials | $497K | 0.4% | 13K | — | |||
| 84 | $BBT | Beacon Financial Corp | Financials | $497K | 0.4% | 16K | +7% | |||
| 85 | $DV | DoubleVerify Holdings, Inc. | Technology | $488K | 0.4% | 45K | +0.6% | |||
| 86 | $VLY | VALLEY NATIONAL BANCORP | Financials | $488K | 0.4% | 33K | — | |||
| 87 | $NATR | NATURES SUNSHINE PRODUCTS INC | Healthcare | $488K | 0.4% | 22K | +37% | |||
| 88 | $KFY | KORN FERRY | Industrials | $487K | 0.4% | 7,310 | -10% | |||
| 89 | $FRME | FIRST MERCHANTS CORP | Financials | $487K | 0.4% | 11K | — | |||
| 90 | $RNST | RENASANT CORP | Financials | $486K | 0.4% | 11K | — | |||
| 91 | $PB | PROSPERITY BANCSHARES INC | Financials | $485K | 0.4% | 6,644 | — | |||
| 92 | $LOCO | El Pollo Loco Holdings, Inc. | Consumer Discretionary | $485K | 0.4% | 29K | -3% | |||
| 93 | $EVER | EverQuote, Inc. | Technology | $483K | 0.4% | 20K | -28% | |||
| 94 | $ACEL | Accel Entertainment, Inc. | Communication Services | $480K | 0.4% | 38K | — | |||
| 95 | $HPQ | HP INC | Technology | $476K | 0.4% | 22K | -7% | |||
| 96 | $FNB | FNB CORP/PA/ | Financials | $475K | 0.4% | 25K | — | |||
| 97 | $DOX | AMDOCS LTD | Technology | $464K | 0.4% | 9,183 | +35% | |||
| 98 | $INVA | Innoviva, Inc. | Healthcare | $463K | 0.4% | 20K | — | |||
| 99 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $462K | 0.4% | 11K | +17% | |||
| 100 | $DLX | DELUXE CORP | Communication Services | $462K | 0.4% | 19K | New | |||
| 101 | $MCS | MARCUS CORP | Communication Services | $460K | 0.4% | 20K | New | |||
| 102 | $NWSA | NEWS CORP | Communication Services | $459K | 0.4% | 18K | — | |||
| 103 | $HVT | HAVERTY FURNITURE COMPANIES INC | Consumer Discretionary | $454K | 0.4% | 18K | -7% | |||
| 104 | $MHK | MOHAWK INDUSTRIES INC | Consumer Discretionary | $449K | 0.4% | 3,697 | -14% | |||
| 105 | $BYD | BOYD GAMING CORP | Consumer Discretionary | $442K | 0.4% | 5,006 | -10% | |||
| 106 | $PCG | PG&E Corp | Utilities | $439K | 0.4% | 26K | New | |||
| 107 | $PHIN | PHINIA INC. | Industrials | $437K | 0.4% | 5,310 | -18% | |||
| 108 | $FSLR | FIRST SOLAR, INC. | Technology | $437K | 0.4% | 1,850 | -19% | |||
| 109 | $PRDO | PERDOCEO EDUCATION Corp | Consumer Discretionary | $419K | 0.4% | 13K | +12% | |||
| 110 | $LEA | LEAR CORP | Industrials | $418K | 0.4% | 3,119 | -15% | |||
| 111 | $ASO | Academy Sports & Outdoors, Inc. | Consumer Discretionary | $413K | 0.4% | 8,762 | +9% | |||
| 112 | $BKE | BUCKLE INC | Consumer Discretionary | $379K | 0.3% | 8,970 | — | |||
| 113 | $POST | Post Holdings, Inc. | Consumer Staples | $372K | 0.3% | 4,213 | — | |||
| 114 | $NFG | NATIONAL FUEL GAS CO | Energy | $361K | 0.3% | 4,672 | +11% | |||
| 115 | $ES | EVERSOURCE ENERGY | Utilities | $355K | 0.3% | 4,907 | -16% | |||
| 116 | $ZUMZ | Zumiez Inc | Consumer Discretionary | $321K | 0.3% | 18K | — |
What changed in Q2 2026
Against the previous quarter's 13F: 27 new, 37 added to, 31 trimmed, 29 sold out. Share-count changes; largest moves by dollar size first.
New positions (27)
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
+21 more in the Excel export
Added to (37)
now $2.2M · held 2 qtrs
now $4.6M · held 3+ qtrs, 2 adds in a row
now $3.2M · held 2 qtrs, 2 adds in a row
now $4.2M · held 2 qtrs, 2 adds in a row
now $4.5M · held 2 qtrs, 2 adds in a row
now $3.6M · held 3+ qtrs, 2 adds in a row
+31 more in the Excel export
Trimmed (31)
now $2.7M · held 3+ qtrs
now $2.1M · held 2 qtrs
- VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US-17%
now $5.3M
$AMKRAMKOR TECHNOLOGY, INC.-33%
now $579K · held 3+ qtrs, 2 trims in a row
$EVEREverQuote, Inc.-28%
now $483K · held 3+ qtrs
$SNXTD SYNNEX CORP-26%
now $519K · held 3+ qtrs, 2 trims in a row
+25 more in the Excel export
Holdings by quarter
Every 13F Watershed Asset Management, L.L.C. has filed, 26 earlier quarters. Pick one to see what it held then.
Is it too late to follow Watershed Asset Management, L.L.C.?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Watershed Asset Management, L.L.C.'s top 20 holdings: 72/100 (our AI quality score, weighted by position size; 16 of the 20 are scored)
Top 10 since filing
-1.5%
Value-weighted move of the 10 largest stock positions
Turnover
33%
Last quarter
Top 10 weight
37%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
0%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2025 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Watershed Asset Management, L.L.C. disclosed 116 positions worth $111.8M in its Form 13F-HR for Q2 2026, led by $V (VISA INC.) at 4.8% of the equity portfolio. During the quarter the fund opened 27 new positions and exited 29 — including a new stake in $TSM and a full exit from $MELI. The portfolio is most concentrated in Technology (33.7% of disclosed assets). All figures are sourced directly from Watershed Asset Management, L.L.C.’s Form 13F-HR filing with the SEC under CIK 1315926.
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AI-Powered Hedge Fund Analysis: Watershed Asset Management, L.L.C.
13F Pro is an AI hedge fund tracker and stock research platform. For Watershed Asset Management, L.L.C. (SEC CIK: 1315926), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Watershed Asset Management, L.L.C.'s portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.