Vault-13

VERA THERAPEUTICS INC VERA

CL A · Common Stock · CUSIP 92337R101

78 institutional holders +7 vs Q1 2023
38,127,62138.1m shares reported held*
86.0% of all shares outstanding*
$611.9mreported value*
20 new 30 added 21 reduced 13 sold out net sold ≈ $80.6m (-5.0m 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. Shares outstanding: 44.3m as of 2023-08-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $16.05. Options: 10 managers hold calls ($2.1m notional), 7 hold puts ($3.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 55Q4 22: 60Q1 23: 71Q2 23: 7878Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202255
Q4 202260
Q1 202371
Q2 202378

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 32 bought or addedQ4 22: 19 cut or sold outQ4 22Q1 23: 51 bought or addedQ1 23: 20 cut or sold outQ1 23Q2 23: 50 bought or addedQ2 23: 34 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223219
Q1 20235120
Q2 20235034

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $185.5kQ1 23 puts: $314.2kQ1 23P/C 1.69Q2 23 calls: $2.1mQ2 23 puts: $3.7mQ2 23P/C 1.78
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$185.5k$314.2k1.69
Q2 2023$2.1m$3.7m1.78

Biggest buyers

Commodore Capital LP Added +2,625,971+2.6m
MORGAN STANLEY Added +927,377+927.4k
PICTET ASSET MANAGEMENT SA New +919,352+919.4k
BlackRock Inc. Added +759,864+759.9k
ORBIMED ADVISORS LLC Added +394,400+394.4k
GOLDMAN SACHS GROUP INC New +285,493+285.5k
Invesco Ltd. New +274,610+274.6k
STATE STREET CORP Added +272,402+272.4k
PLATINUM INVESTMENT MANAGEMENT LTD New +209,700+209.7k
GEODE CAPITAL MANAGEMENT, LLC Added +170,647+170.6k

Biggest sellers

FMR LLC Reduced -5,056,958-5.1m
MILLENNIUM MANAGEMENT LLC Reduced -1,553,662-1.6m
DEERFIELD MANAGEMENT COMPANY, L.P. Sold out -1,300,000-1.3m
Point72 Asset Management, L.P. Sold out -1,037,128-1.0m
CITADEL ADVISORS LLC Sold out -775,792-775.8k
Octagon Capital Advisors LP Reduced -725,000-725.0k
Carlyle Group Inc. Reduced -543,394-543.4k
Kynam Capital Management, LP Reduced -372,428-372.4k
SECTORAL ASSET MANAGEMENT INC Reduced -248,654-248.7k
BAKER BROS. ADVISORS LP Reduced -186,869-186.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $844.2k52.6k shares
JANE STREET GROUP, LLC New $386.8k24.1k shares
MILLENNIUM MANAGEMENT LLC New $321.0k20.0k shares
CITADEL ADVISORS LLC Added $248.8k15.5k shares
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Not comparable $231.0k55.0k shares
SIMPLEX TRADING, LLC New $54.0k3.4k shares
GROUP ONE TRADING LLC New $6.4k400 shares
Cutler Group LLC / CA New $2.0k1.7k shares
OSAIC HOLDINGS, INC. New $4962 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 shares

Biggest puts

MILLENNIUM MANAGEMENT LLC New $1.6m100.0k shares
SIMPLEX TRADING, LLC Added $1.2m77.4k shares
JANE STREET GROUP, LLC New $443.0k27.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $202.2k12.6k shares
CITADEL ADVISORS LLC Added $166.9k10.4k shares
GROUP ONE TRADING LLC New $69.0k4.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Avoro Capital Advisors LLC 13G · institution filed 2025-02-14 8.9% 5.6m≈ $240.7m 2025-02-14
BlackRock, Inc. 13G · institution filed 2026-07-30 7.4% 5.3m≈ $229.2m 2026-07-30
PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution -1.3 pts · filed 2026-05-15 6.4% -1.3 pts 4.6m≈ $196.3m 2026-05-15
STATE STREET CORP 13G · institution new · filed 2026-08-07 5.8% new 4.1m≈ $178.0m 2026-08-07
Deep Track Capital, LP 13G · passive investor new · filed 2026-03-11 5.5% new 3.9m≈ $168.3m 2026-03-11
Flynn James E 13G · passive investor new · filed 2025-06-11 5.2% new 3.3m≈ $143.7m 2025-06-11

Fell to 5% or below in the last year: Kynam Capital Management, LP (4.0%, 2026-08-14), Point72 Asset Management, L.P. (1.7%, 2026-04-01), VANGUARD GROUP INC (0.0%, 2026-03-27), Sofinnova Venture Partners X, L.P. (4.0%, 2026-03-05), FMR LLC (4.1%, 2026-02-05)

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
505Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 0 buyingQ4 21: 0 sellingQ4 21Q1 22: 2 buyingQ1 22: 0 sellingQ2 22: 1 buyingQ2 22: 1 sellingQ2 22Q3 22: 0 buyingQ3 22: 2 sellingQ4 22: 0 buyingQ4 22: 2 sellingQ4 22Q1 23: 5 buyingQ1 23: 0 sellingQ2 23: 1 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20210—0——
Q1 20222$9.0m0——
Q2 20221$68.0k1$117.9k—
Q3 20220—2$3.7m—
Q4 20220—2$1.3m—
Q1 20235$18.5m0——
Q2 20231$83.0k0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-06-23 Grant Sean Chief Financial Officer · By Trust Bought 5,000 $16.60 $83.0k5.0k shares +504%
2023-06-20 COMMODORE CAPITAL LP 10% owner · By Commodore Capital Master LP Bought 448,217 $15.17 $6.8m448.2k shares +9%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.01% of their portfolio BOSTON, MA 6,535,5606.5m $104.9m $104.9m 0.01% Reduced -5.1m -5,056,958
2 Commodore Capital LP 9.83% of their portfolio NEW YORK, NY 5,450,0005.5m $87.5m $87.5m 9.83% Added +2.6m +2,625,971
3 Sofinnova Investments, Inc. 3.67% of their portfolio Menlo Park, CA 3,467,1563.5m $55.6m $55.6m 3.67% Unchanged
4 Kynam Capital Management, LP 7.38% of their portfolio PRINCETON, NJ 3,000,0003.0m $48.1m $48.1m 7.38% Reduced -372.4k -372,428
5 Carlyle Group Inc. 1.38% of their portfolio WASHINGTON, DC 2,416,8372.4m $38.8m $38.8m 1.38% Reduced -543.4k -543,394
6 BlackRock Inc. 0.00% of their portfolio New York, NY 2,170,1342.2m $34.8m $34.8m 0.00% Added +759.9k +759,864
7 ORBIMED ADVISORS LLC 0.51% of their portfolio New York, NY 1,756,8001.8m $28.2m $28.2m 0.51% Added +394.4k +394,400
8 Woodline Partners LP 0.33% of their portfolio San Francisco, CA 1,753,6901.8m $28.1m $28.1m 0.33% Added +972 +972
9 Eversept Partners, LP 2.95% of their portfolio NEW YORK, NY 1,740,9511.7m $27.9m $27.9m 2.95% Reduced -47.6k -47,578
10 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,440,2651.4m $23.1m $23.1m 0.00% Added +45.4k +45,414
11 INTERNATIONAL BIOTECHNOLOGY TRUST PLC 4.76% of their portfolio London, X0 975,227975.2k $15.6m $15.6m 4.76% Reduced -27.0k -27,030
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 968,045968.0k $15.5m $15.5m 0.00% Added +927.4k +927,377
13 PICTET ASSET MANAGEMENT SA 0.02% of their portfolio GENEVA 73, V8 919,352919.4k $14.8m $14.8m 0.02% New
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 650,692650.7k $10.4m $10.4m 0.00% Added +170.6k +170,647
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 576,549576.5k $9.3m $9.3m 0.00% Added +272.4k +272,402
16 SECTORAL ASSET MANAGEMENT INC 0.94% of their portfolio MONTREAL, A8 351,646351.6k $5.6m $5.6m 0.94% Reduced -248.7k -248,654
17 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 333,689333.7k $5.4m $5.4m 0.01% Reduced -1.6m -1,553,662
18 Alphabet Inc. 0.26% of their portfolio Mountain View, CA 301,580301.6k $4.8m $4.8m 0.26% Unchanged
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 285,493285.5k $4.6m $4.6m 0.00% New
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 277,463277.5k $4.5m $4.5m 0.00% Added +84.1k +84,078
21 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 274,610274.6k $4.4m $4.4m 0.00% New
22 Polar Asset Management Partners Inc. 0.08% of their portfolio TORONTO, A6 262,355262.4k $4.2m $4.2m 0.08% Reduced -37.6k -37,645
23 PLATINUM INVESTMENT MANAGEMENT LTD 0.12% of their portfolio SYDNEY AUSTRALIA 2000, C3 209,700209.7k $3.4m $3.4m 0.12% New
24 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 167,466167.5k $2.7m $2.7m 0.00% Added +88.5k +88,527
25 BAKER BROS. ADVISORS LP 0.01% of their portfolio NEW YORK, NY 146,464146.5k $2.4m $2.4m 0.01% Reduced -186.9k -186,869
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 130,207130.2k $2.1m $2.1m 0.00% Added +32.2k +32,227
27 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.04% of their portfolio CHICAGO, IL 127,991128.0k $2.1m $2.1m 0.04% Reduced -95.5k -95,477
28 Altium Capital Management LLC 1.51% of their portfolio NEW YORK, NY 120,000120.0k $1.9m $1.9m 1.51% Reduced -166.0k -166,000
29 Tri Locum Partners LP 0.65% of their portfolio NEW YORK, NY 108,928108.9k $1.7m $1.7m 0.65% New
30 SPHERA FUNDS MANAGEMENT LTD. 0.36% of their portfolio TEL AVIV, L3 105,000105.0k $1.7m $1.7m 0.36% New
31 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 90,53190.5k $1.5m $1.5m 0.00% Added +29.1k +29,112
32 Weiss Multi-Strategy Advisers LLC 0.03% of their portfolio NEW YORK, NY 80,00080.0k $1.3m $1.3m 0.03% New
33 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 79,50079.5k $1.3m $1.3m 0.00% Reduced -4.5k -4,500
34 SIMPLEX TRADING, LLC 0.05% of their portfolio CHICAGO, IL 70,52270.5k $1.1m $1.1m 0.05% Added +61.0k +61,030
35 Octagon Capital Advisors LP 0.16% of their portfolio NEW YORK, NY 70,00070.0k $1.1m $1.1m 0.16% Reduced -725.0k -725,000
36 Driehaus Capital Management LLC 0.01% of their portfolio Chicago, IL 68,30668.3k $1.1m $1.1m 0.01% New
37 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 53,47453.5k $858.3k $858.3k 0.02% New
38 Crestline Management, L.P. 0.08% of their portfolio FORT WORTH, TX 45,38045.4k $728.3k $728.3k 0.08% Added +16.0k +16,013
39 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 43,15143.2k $692.6k $692.6k 0.00% Added +15.9k +15,857
40 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 34,29034.3k $550.4k $550.4k 0.00% New
41 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 33,20033.2k $532.9k $532.9k 0.00% Reduced -13.8k -13,814
42 ALPS ADVISORS INC 0.00% of their portfolio Denver, CO 32,53532.5k $522.2k $522.2k 0.00% Added +4.9k +4,906
43 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 32,04532.0k $514.3k $514.3k 0.00% Added +6.8k +6,760
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 26,23126.2k $421.0k $421.0k 0.00% Added +9.6k +9,589
45 INNOVIS ASSET MANAGEMENT LLC 0.13% of their portfolio Chicago, IL 21,67321.7k $347.9k $347.9k 0.13% New
46 UBS Group AG 0.00% of their portfolio ZURICH, V8 20,73320.7k $332.8k $332.8k 0.00% Added +11.8k +11,800
47 PDT Partners, LLC 0.04% of their portfolio New York, NY 18,71418.7k $300.4k $300.4k 0.04% New
48 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 18,21918.2k $292.4k $292.4k 0.00% Added +9.3k +9,338
49 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 17,82817.8k $286.1k $286.1k 0.00% Unchanged
50 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 17,81617.8k $285.9k $285.9k 0.00% Unchanged
51 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 16,27516.3k $261.2k $261.2k 0.00% Added +5.8k +5,799
52 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 16,19216.2k $259.9k $259.9k 0.00% New
53 Carnegie Mellon University 0.36% of their portfolio Pittsburgh, PA 16,06016.1k $257.8k $257.8k 0.36% Unchanged
54 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 14,69914.7k $235.9k $235.9k 0.00% Reduced -30.1k -30,087
55 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 13,74213.7k $220.6k $220.6k 0.00% Reduced -208 -208
56 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 13,54313.5k $217.4k $217.4k 0.00% New
57 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 13,47813.5k $216.3k $216.3k 0.00% New
58 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 13,44313.4k $215.8k $215.8k 0.00% Added +9.2k +9,236
59 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 13,23813.2k $212.5k $212.5k 0.00% New
60 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,68011.7k $187.5k $187.5k 0.00% Reduced -17.7k -17,670
61 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 11,24711.2k $180.5k $180.5k 0.00% Added +3.2k +3,177
62 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 11,06111.1k $177.5k $177.5k 0.00% Added +48 +48
63 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 10,65910.7k $171.1k $171.1k 0.00% Reduced -77.2k -77,178
64 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,06810.1k $161.6k $161.6k 0.00% New
65 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,04310.0k $161.2k $161.2k 0.00% Reduced -9.3k -9,256
66 CAMBRIDGE TRUST CO 0.01% of their portfolio BOSTON, MA 9,8879.9k $158.7k $158.7k 0.01% Unchanged
67 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6,7356.7k $108.1k $108.1k 0.00% Reduced -4.2k -4,237
68 Legal & General Group Plc 0.00% of their portfolio London, X0 3,6173.6k $58.1k $58.1k 0.00% Added +1.0k +1,038
69 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,3393.3k $54.0k $54.0k 0.00% Added +1.6k +1,625
70 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 3,3253.3k $53.0k $53.0k 0.00% Added +730 +730
71 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 2,7922.8k $44.8k $44.8k 0.00% Added +1.7k +1,731
72 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,9281.9k $30.9k $30.9k 0.00% Reduced -2.9k -2,906
73 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 1,8881.9k $30.3k $30.3k 0.00% Added +560 +560
74 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 447447 $7.2k $7.2k 0.00% New
75 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 207207 $3.3k $3.3k 0.00% New
76 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 3030 $482 $482 0.00% Added +19 +19
77 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
78 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 00 $0 $0 0.00% New