Watershed Asset Management, L.L.C.

Q1 2026 13F-HR Holdings

Location
San Francisco, CA
Holdings as of
3/31/2026
Date filed
5/6/2026
Form type
13F-HR
Num holdings
118
Total value ($000)
$96,498
Net value change ($000)
-10,588 (-9.9%)
New positions
39
Sold out positions
39
Turnover %
69.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/17/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
MCO 3,054 NEW
AMZN 3,041 NEW
TER 2,638 NEW
AMAT 2,478 580.3%
KLAC 2,297 NEW
INTC 2,012 NEW
TAN 2,006 NEW
NVDA 1,901 NEW
DHR 1,782 NEW
META 635 27.9%
Top Reduces (Value $000, Stocks/ETFs)
QQQE -9,950 -83.3%
MSFT -4,498 -100.0%
BROS -3,502 -100.0%
SPGI -3,240 -100.0%
MNDY -3,062 -100.0%
WDC -2,997 -100.0%
SE -2,485 -100.0%
RYN -1,822 -100.0%
V -1,190 -21.9%
GTLB -642 -31.7%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type