Vault-13

N/A

0 · CUSIP 000000000

105 institutional holders +21 vs Q1 2026
196,312,853196.3m shares reported held*
$5.5bnreported value*
33 new 3 added 1 reduced 5 sold out net bought ≈ $27.0m (+4.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $28.05. Options: 0 managers hold calls (— notional), 2 hold puts ($942.8k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 101Q4 22: 91Q1 23: 92Q2 23: 97Q3 23: 105Q4 23: 67Q1 24: 78Q2 24: 82Q3 24: 97Q4 24: 91Q1 25: 83Q2 25: 97Q3 25: 103Q4 25: 94Q1 26: 84Q2 26: 105105Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022101
Q4 202291
Q1 202392
Q2 202397
Q3 2023105
Q4 202367
Q1 202478
Q2 202482
Q3 202497
Q4 202491
Q1 202583
Q2 202597
Q3 2025103
Q4 202594
Q1 202684
Q2 2026105

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 23 bought or addedQ3 24: 8 cut or sold outQ4 24: 27 bought or addedQ4 24: 3 cut or sold outQ4 24Q1 25: 17 bought or addedQ1 25: 9 cut or sold outQ2 25: 27 bought or addedQ2 25: 9 cut or sold outQ2 25Q3 25: 20 bought or addedQ3 25: 9 cut or sold outQ4 25: 33 bought or addedQ4 25: 9 cut or sold outQ4 25Q1 26: 25 bought or addedQ1 26: 8 cut or sold outQ2 26: 36 bought or addedQ2 26: 6 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024238
Q4 2024273
Q1 2025179
Q2 2025279
Q3 2025209
Q4 2025339
Q1 2026258
Q2 2026366

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $2.1mQ1 26P/C —Q2 26 calls: $0Q2 26 puts: $942.8kQ2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$2.1m—
Q2 2026$0$942.8k—

Biggest buyers

Exor N.V. Added +3,388,714+3.4m
GAGNON SECURITIES LLC New +765,179+765.2k
NewEdge Advisors, LLC Added +490,609+490.6k
Gagnon Advisors, LLC New +328,488+328.5k
Main Street Group, LTD Added +213+213
Park Place Capital Corp New +1+1
Matrix Capital Management Company, LP New +00
EMINENCE CAPITAL, LP New +00
Presima Securities ULC New +00
HARBERT FUND ADVISORS, LLC New +00

Biggest sellers

ORBIMED ADVISORS LLC Reduced -530,713-530.7k
Strategic Investment Solutions, Inc. /IL Sold out -127-127
NORGES BANK Sold out +00
Thiel Macro LLC Sold out +00
180 GPS Investments IC Ltd Sold out +00
Founders Fund Growth II Management, LP Sold out +00

Biggest calls

None

Biggest puts

FRED ALGER MANAGEMENT, LLC Added $942.8k51.4k shares
Provida Pension Fund Administrator Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Exor N.V. 92.64% of their portfolio Amsterdam, P7 185,932,684185.9m $5.1bn $5.1bn 92.64% Added +3.4m +3,388,714
2 ORBIMED ADVISORS LLC 0.57% of their portfolio New York, NY 5,680,1865.7m $30.3m $30.3m 0.57% Reduced -530.7k -530,713
3 NewEdge Advisors, LLC 1.20% of their portfolio NEW ORLEANS, LA 3,605,9313.6m $402.5m $402.5m 1.20% Added +490.6k +490,609
4 GAGNON SECURITIES LLC 2.25% of their portfolio New York, NY 765,179765.2k $11.7m $11.7m 2.25% New
5 Gagnon Advisors, LLC 3.89% of their portfolio New York, NY 328,488328.5k $6.1m $6.1m 3.89% New
6 Main Street Group, LTD 0.00% of their portfolio GLEN ALLEN, VA 276276 $213 $213 0.00% Added +213 +213
7 Pensionfund Sabic 0.00% of their portfolio SITTARD, P7 108108 $0 $0 0.00% Unchanged
8 Park Place Capital Corp 0.00% of their portfolio Homewood, AL 11 $7.8k $7.8k 0.00% New
9 CHEVRON CORP — of their portfolio HOUSTON, TX 00 $0 $0 — Unchanged
10 PITCAIRN CO — of their portfolio CONSHOHOCKEN, PA 00 $0 $0 — Unchanged
11 KEYSTONE GROUP, L.P. — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
12 Sarepta Therapeutics, Inc. — of their portfolio Cambridge, MA 00 $0 $0 — Unchanged
13 BASS LEE M /TX/ — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
14 Olstein Capital Management, L.P. — of their portfolio Purchase, NY 00 $0 $0 — New
15 GENRE PARTNERS L P — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
16 SCF Partners, Inc. — of their portfolio Houston, TX 00 $0 $0 — New
17 EMINENCE CAPITAL, LP — of their portfolio NEW YORK, NY 00 $0 $0 — New
18 KELLOGG W K FOUNDATION TRUST — of their portfolio CHICAGO, IL 00 $0 $0 — Unchanged
19 TYNDALL CAPITAL PARTNERS L P — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
20 THOMAS H LEE PARTNERS LP — of their portfolio BOSTON, MA 00 $0 $0 — Unchanged
21 SHEN NEIL NANPENG — of their portfolio NA, K3 00 $0 $0 — Unchanged
22 TVL MANAGEMENT CORP — of their portfolio MENLO PARK, CA 00 $0 $0 — Unchanged
23 Covenant Partners, LLC — of their portfolio Nashville, TN 00 $0 $0 — Unchanged
24 Permira Holdings LTD — of their portfolio ST. PETER PORT, Y7 00 $0 $0 — Unchanged
25 SOL Capital Management CO — of their portfolio ROCKVILLE, MD 00 $0 $0 — Unchanged
26 W1M Investment Management Ltd — of their portfolio London, X0 00 $0 $0 — First filing
27 CVentures, Inc. — of their portfolio GREENWOOD VLG, CO 00 $0 $0 — Unchanged
28 Presima Securities ULC — of their portfolio MONTREAL, A8 00 $0 $0 — New
29 Hartz Capital, Inc. — of their portfolio SECAUCUS, NJ 00 $0 $0 — Unchanged
30 VALINOR MANAGEMENT, L.P. — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
31 Cutter & CO Brokerage, Inc. — of their portfolio Ballwin, MO 00 $0 $0 — Unchanged
32 NNS Holding — of their portfolio CAMANA BAY, GRAND CAYMAN, E9 00 $0 $0 — Unchanged
33 Matrix Capital Management Company, LP — of their portfolio Portsmouth, NH 00 $0 $0 — New
34 TWO SIGMA ADVISERS, LP — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
35 NJ State Employees Deferred Compensation Plan — of their portfolio TRENTON, NJ 00 $0 $0 — Unchanged
36 Chieftain Capital Management, Inc. — of their portfolio New York, NY 00 $0 $0 — Unchanged
37 Schreiber John — of their portfolio LAKE FOREST, IL 00 $0 $0 — Unchanged
38 Hall Kathryn A. — of their portfolio SAN FRANCISCO, CA 00 $0 $0 — Unchanged
39 Indaba Capital Management, L.P. — of their portfolio SAN FRANCISCO, CA 00 $0 $0 — Unchanged
40 Unicom Capital LLC — of their portfolio Denver, CO 00 $0 $0 — Unchanged
41 RIVULET CAPITAL, LLC — of their portfolio PASSAIC, NJ 00 $0 $0 — Unchanged
42 Waterfront Capital Partners, LLC — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
43 CROSBY Co OF NEW HAMPSHIRE LLC — of their portfolio SALEM, NH 00 $0 $0 — Unchanged
44 Newport Asia LLC — of their portfolio SAN FRANCISCO, CA 00 $0 $0 — Unchanged
45 HARBERT FUND ADVISORS, LLC — of their portfolio Birmingham, AL 00 $0 $0 — New
46 Harbor Spring Capital, LLC — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
47 53 HOUSE LLP — of their portfolio LONDON, X0 00 $0 $0 — Unchanged
48 Madison International Realty Holdings, LLC — of their portfolio New York, NY 00 $0 $0 — Unchanged
49 Honeycomb Asset Management LP — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
50 Blue Pool Management Ltd. — of their portfolio CAUSEWAY BAY, K3 00 $0 $0 — New
51 DEBUSSY CAPITAL MANAGEMENT LP — of their portfolio CHICAGO, IL 00 $0 $0 — New
52 Mantle Ridge LP — of their portfolio NEW YORK, NY 00 $0 $0 — New
53 Hunting Hill Global Capital, LLC — of their portfolio New York, NY 00 $0 $0 — New
54 Bass Edward P — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
55 AJU IB Investment Co., Ltd. — of their portfolio Seoul, M5 00 $0 $0 — New
56 QVR LLC — of their portfolio San Francisco, CA 00 $0 $0 — New
57 Bain Capital Public Equity Management II, LLC — of their portfolio Boston, MA 00 $0 $0 — Unchanged
58 Boundary Creek Advisors LP — of their portfolio TUCKAHOE, NY 00 $0 $0 — New
59 Tarsadia Capital, LLC — of their portfolio New York, NY 00 $0 $0 — Unchanged
60 Builders Vision, LLC — of their portfolio Chicago, IL 00 $0 $0 — Unchanged
61 NNS Investments (Cyprus) Ltd — of their portfolio LIMASSOL, G4 00 $0 $0 — Unchanged
62 Appian Way Asset Management LP — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
63 University of Massachusetts Foundation, Inc. — of their portfolio NEWTON, MA 00 $0 $0 — Unchanged
64 Walnut Level Capital LLC — of their portfolio DENVER, CO 00 $0 $0 — New
65 Juniper Hill Capital Management LP — of their portfolio Menlo Park, CA 00 $0 $0 — Unchanged
66 Anthracite Investment Company, Inc. — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
67 Vesa Equity Investment S.a r.l. — of their portfolio LUXEMBOURG, N4 00 $0 $0 — Unchanged
68 REVOLUTION GROWTH MANAGEMENT COMPANY, INC. — of their portfolio WASHINGTON, DC 00 $0 $0 — Unchanged
69 Carmenna Advisors LLC — of their portfolio MIAMI BEACH, FL 00 $0 $0 — Unchanged
70 GPI CAPITAL, L.P. — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
71 SVF Sponsor III (DE) LLC — of their portfolio MENLO PARK, CA 00 $0 $0 — New
72 ABG Innovation Capital Partners III GP Ltd — of their portfolio CENTRAL, HONG KONG, K3 00 $0 $0 — Unchanged
73 Northwoods Investments LLC — of their portfolio DOVER, DE 00 $0 $0 — Unchanged
74 Index Venture Life Associates VI Ltd — of their portfolio ST. HELIER, Y9 00 $0 $0 — New
75 Silversmith Partners I GP, LLC — of their portfolio Boston, MA 00 $0 $0 — New
76 Brueske Advisory Services, LLC — of their portfolio Bellevue, WA 00 $0 $0 — First filing
77 ALTOS VENTURES MANAGEMENT, INC. — of their portfolio Burlingame, CA 00 $0 $0 — Unchanged
78 Roberts Capital Advisors, LLC — of their portfolio DENVER, CO 00 $0 $0 — Unchanged
79 AlphaQuest LLC — of their portfolio New York, NY 00 $0 $0 — Unchanged
80 DECADE RENEWABLE PARTNERS LP — of their portfolio HOUSTON, TX 00 $0 $0 — Unchanged
81 Decas Capital LLC — of their portfolio CHARLOTTESVILLE, VA 00 $0 $0 — Unchanged
82 El Puerto de Liverpool, S.A.B. de C.V. — of their portfolio Cuajimalpa, Ciudad de Mexico, O5 00 $0 $0 — Unchanged
83 Strive Asset Management, LLC — of their portfolio DALLAS, TX 00 $0 $0 — Unchanged
84 Bain Capital Public Equity, LP — of their portfolio Boston, MA 00 $0 $0 — New
85 Redwood Wealth Management Group, LLC — of their portfolio MEDFORD, NJ 00 $0 $0 — New
86 Stillwater LLC — of their portfolio GREENWICH, CT 00 $0 $0 — Unchanged
87 Perbak Capital Partners LLP — of their portfolio LONDON, X0 00 $0 $0 — New
88 Inflection Point Holdings II LLC — of their portfolio New York, NY 00 $0 $0 — New
89 Council Ring Capital, LLC — of their portfolio Northbrook, IL 00 $0 $0 — Unchanged
90 Schreiber Kathleen — of their portfolio LAKE FOREST, IL 00 $0 $0 — Unchanged
91 BLKBRD Asset Management, LP — of their portfolio Old Greenwich, CT 00 $0 $0 — New
92 2UniFi Bank — of their portfolio JACKSON, WY 00 $0 $0 — New
93 Range Rock Capital, LLC — of their portfolio WELLESLEY, MA 00 $0 $0 — New
94 SHCP, LLC — of their portfolio CINCINNATI, OH 00 $0 $0 — Unchanged
95 Frist Capital, LLC — of their portfolio NASHVILLE, TN 00 $0 $0 — Unchanged
96 Taproot Management LP — of their portfolio NEW YORK, NY 00 $0 $0 — New
97 Renwick Deborah Lee — of their portfolio CLEVELAND, OH 00 $0 $0 — Unchanged
98 Panoramic Hills Capital Ltd — of their portfolio ROAD TOWN, D8 00 $0 $0 — New
99 CoinFund Management LLC — of their portfolio NEW YORK, NY 00 $0 $0 — New
100 Mountain Capital Management, LLC — of their portfolio HOUSTON, TX 00 $0 $0 — Unchanged