Condire Management, LP: VALARIS LTD (VAL): Quarterly 13F Position History
As of Q1 2026, Condire Management, LP reported 1,158,651 shares of VALARIS LTD (VAL), worth $113.6M and representing 11.0% of its 13F equity book. The position first appeared in Q3 2021 and has been disclosed across 19 13F-HR filings in Pactolio's tracked window.
- 1,158,651Shares Held (Latest Filing)
- $113.6MReported Market Value (Latest Filing)
- 11.0%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$55.2MQuarter-over-Quarter Value Change
- 2,864,986Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 19 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,158,651 | 0 | — | $113.6M | 11.0% | $98.0 |
| Q4 2025 | 1,158,651 | 0 | — | $58.4M | 6.1% | $50.4 |
| Q3 2025 | 1,158,651 | 0 | — | $56.5M | 6.8% | $48.8 |
| Q2 2025 | 1,158,651 | 1,706,335 | -59.6% | $48.8M | 7.0% | $42.1 |
| Q1 2025 | 2,864,986 | +246,308 | +9.4% | $112.5M | 16.8% | $39.3 |
| Q4 2024 | 2,618,678 | +665,718 | +34.1% | $115.9M | 16.8% | $44.2 |
| Q3 2024 | 1,952,960 | +523,863 | +36.7% | $108.9M | 13.7% | $55.8 |
| Q2 2024 | 1,429,097 | 23,000 | -1.6% | $106.5M | 14.4% | $74.5 |
| Q1 2024 | 1,452,097 | +186,076 | +14.7% | $109.3M | 14.8% | $75.3 |
| Q4 2023 | 1,266,021 | +438,731 | +53.0% | $86.8M | 13.3% | $68.6 |
| Q3 2023 | 827,290 | 0 | — | $62.0M | 10.5% | $75.0 |
| Q2 2023 | 827,290 | 0 | — | $52.1M | 10.5% | $62.9 |
| Q1 2023 | 827,290 | 4,000 | -0.5% | $53.8M | 10.7% | $65.1 |
| Q4 2022 | 831,290 | 0 | — | $56.2M | 10.5% | $67.6 |
| Q3 2022 | 831,290 | +145,336 | +21.2% | $40.7M | 8.5% | $48.9 |
| Q2 2022 | 685,954 | 0 | — | $29.0M | 6.3% | $42.2 |
| Q1 2022 | 685,954 | +3,373 | +0.5% | $35.6M | 8.0% | $52.0 |
| Q4 2021 | 682,581 | +85,000 | +14.2% | $24.6M | 5.6% | $36.0 |
| Q3 2021 | 597,581 | — | — | $20.8M | 5.3% | $34.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Condire Management, LP first disclose a VAL position in 13F-HR filings?
Condire Management, LP first reported VALARIS LTD (VAL) on its 13F-HR filing for the period ending 2021-09-30 (Q3 2021). The position has appeared on 19 reported quarters within Pactolio's tracked window.
What was Condire Management, LP's most recent quarter-over-quarter share-count change in VAL?
Condire Management, LP held the same 1,158,651 shares of VAL between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent Condire Management, LP's cost basis in VAL?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.