VERA THERAPEUTICS INC VERA
CL A · Common Stock · CUSIP 92337R101
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersBrisbane, CA
- FilingsSEC EDGAR
* 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 ($2.1m this quarter). Holder counts are more reliable. Shares outstanding: 63.8m as of 2025-05-01, 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 ≈ $24.27. Options: 9 managers hold calls ($17.2m notional), 6 hold puts ($4.8m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 55 |
| Q4 2022 | 60 |
| Q1 2023 | 71 |
| Q2 2023 | 78 |
| Q3 2023 | 86 |
| Q4 2023 | 97 |
| Q1 2024 | 161 |
| Q2 2024 | 173 |
| Q3 2024 | 175 |
| Q4 2024 | 180 |
| Q1 2025 | 181 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 50 | 34 |
| Q3 2023 | 54 | 23 |
| Q4 2023 | 52 | 31 |
| Q1 2024 | 123 | 39 |
| Q2 2024 | 104 | 76 |
| Q3 2024 | 90 | 77 |
| Q4 2024 | 119 | 59 |
| Q1 2025 | 105 | 77 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $1.6m | $6.5m | 4.05 |
| Q3 2024 | $10.6m | $8.7m | 0.82 |
| Q4 2024 | $2.4m | $4.7m | 1.95 |
| Q1 2025 | $17.2m | $4.8m | 0.28 |
Biggest buyers
| Vestal Point Capital, LP | Added | +1.4m |
| DEERFIELD MANAGEMENT COMPANY, L.P. | New | +1.1m |
| Kynam Capital Management, LP | Added | +942.1k |
| Commodore Capital LP | Added | +603.2k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +559.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +377.8k |
| UBS Group AG | Added | +362.4k |
| Holocene Advisors, LP | Added | +323.3k |
| Eversept Partners, LP | Added | +298.8k |
| T. Rowe Price Investment Management, Inc. | Added | +260.2k |
Biggest sellers
| Paradigm Biocapital Advisors LP | Sold out | -1.4m |
| LORD, ABBETT & CO. LLC | Reduced | -1.0m |
| Logos Global Management LP | Sold out | -875.0k |
| SAMLYN CAPITAL, LLC | Reduced | -683.8k |
| MARSHALL WACE, LLP | Reduced | -647.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -480.0k |
| Altium Capital Management LLC | Sold out | -432.0k |
| Balyasny Asset Management L.P. | Sold out | -385.4k |
| JENNISON ASSOCIATES LLC | Reduced | -306.0k |
| FEDERATED HERMES, INC. | Reduced | -297.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.7m278.0k shares |
| Affinity Asset Advisors, LLC | New | $6.4m265.0k shares |
| Caption Management, LLC | New | $2.4m101.2k shares |
| CITADEL ADVISORS LLC | Added | $552.5k23.0k shares |
| SIMPLEX TRADING, LLC | Added | $417.0k17.4k shares |
| MILLENNIUM MANAGEMENT LLC | New | $372.3k15.5k shares |
| GROUP ONE TRADING LLC | Added | $273.8k11.4k shares |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | Added | $103.0k40.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Caption Management, LLC | New | $3.3m135.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $984.8k41.0k shares |
| CITADEL ADVISORS LLC | Reduced | $216.2k9.0k shares |
| SIMPLEX TRADING, LLC | Added | $184.0k7.7k shares |
| GROUP ONE TRADING LLC | Reduced | $103.3k4.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 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.
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.
| Holder | Stake |
|---|---|
| Avoro Capital Advisors LLC 13G · institution filed 2025-02-14 | 8.9% |
| BlackRock, Inc. 13G · institution filed 2026-07-30 | 7.4% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution -1.3 pts · filed 2026-05-15 | 6.4% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.8% |
| Deep Track Capital, LP 13G · passive investor new · filed 2026-03-11 | 5.5% |
| Flynn James E 13G · passive investor new · filed 2025-06-11 | 5.2% |
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 Q1 2025
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 1 | $83.0k | 0 | — | — |
| Q3 2023 | 0 | — | 3 | $136.4k | $136.4k |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $5.0m | 1 | $34.1m | — |
| Q2 2024 | 0 | — | 2 | $6.2m | — |
| Q3 2024 | 0 | — | 2 | $4.6m | $4.1m |
| Q4 2024 | 0 | — | 2 | $6.1m | $6.1m |
| Q1 2025 | 0 | — | 1 | $1.3m | $1.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-02-26 | Fordyce Marshall PRESIDENT AND CEO, director | Sold plan | $250.9k9.1k shares |
| 2025-02-21 | Fordyce Marshall PRESIDENT AND CEO, director | Sold plan | $296.0k10.6k shares |
| 2025-01-08 | Fordyce Marshall PRESIDENT AND CEO, director | Sold plan | $730.5k17.5k shares |
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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Avoro Capital Advisors LLC 2.14% of their portfolio | 5.7m $137.0m | Added +91.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 4.8m $114.2m | Added +377.8k |
| BlackRock, Inc. 0.00% of their portfolio | 4.0m $95.9m | Added +51.1k |
| FMR LLC 0.00% of their portfolio | 3.2m $77.6m | Added +179.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.9m $70.1m | Reduced -31.1k |
| Sofinnova Investments, Inc. 5.06% of their portfolio | 2.8m $67.1m | Unchanged |
| Commodore Capital LP 4.53% of their portfolio | 2.6m $61.5m | Added +603.2k |
| Vestal Point Capital, LP 4.29% of their portfolio | 2.5m $60.0m | Added +1.4m |
| Kynam Capital Management, LP 4.93% of their portfolio | 2.4m $57.6m | Added +942.1k |
| Holocene Advisors, LP 0.16% of their portfolio | 2.2m $52.8m | Added +323.3k |
| STATE STREET CORP 0.00% of their portfolio | 2.1m $50.0m | Added +56.7k |
| Eversept Partners, LP 5.16% of their portfolio | 1.9m $45.6m | Added +298.8k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 1.7m $40.2m | Added +260.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 1.3m $30.1m | Added +559.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $28.9m | Added +49.5k |
| First Light Asset Management, LLC 3.23% of their portfolio | 1.2m $28.2m | Reduced -85.4k |
| Integral Health Asset Management, LLC 3.06% of their portfolio | 1.1m $27.6m | Unchanged |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.50% of their portfolio | 1.1m $25.2m | New |
| Woodline Partners LP 0.16% of their portfolio | 1.0m $24.0m | Reduced -201.6k |
| SAMLYN CAPITAL, LLC 0.39% of their portfolio | 978.4k $23.5m | Reduced -683.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 892.9k $21.4m | Added +82.5k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 840.3k $20.2m | Reduced -1.1k |
| FEDERATED HERMES, INC. 0.04% of their portfolio | 788.1k $18.9m | Reduced -297.8k |
| Siren, L.L.C. 1.01% of their portfolio | 747.2k $17.9m | Reduced -11.2k |
| First Turn Management, LLC 3.02% of their portfolio | 623.6k $15.0m | Added +158.8k |
| Rock Springs Capital Management LP 0.72% of their portfolio | 520.8k $12.5m | Added +32.9k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 507.8k $12.2m | Reduced -306.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 505.9k $12.2m | Reduced -48.8k |
| ORBIMED ADVISORS LLC 0.28% of their portfolio | 481.1k $11.6m | Reduced -261.5k |
| UBS Group AG 0.00% of their portfolio | 459.7k $11.0m | Added +362.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 458.8k $12.2m | Reduced -26.3k |
| MORGAN STANLEY 0.00% of their portfolio | 440.7k $10.6m | Added +112.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 424.9k $10.2m | Reduced -5.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 418.3k $10.0m | Reduced -36.7k |
| MPM BIOIMPACT LLC 1.72% of their portfolio | 415.7k $10.0m | Added +157.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 377.4k $9.1m | Reduced -51.5k |
| Candriam S.C.A. 0.05% of their portfolio | 363.7k $8.7m | Reduced -2.3k |
| Affinity Asset Advisors, LLC 1.34% of their portfolio | 355.1k $8.5m | Reduced -69.9k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 344.6k $8.3m | Added +174.1k |
| ARMISTICE CAPITAL, LLC 0.19% of their portfolio | 300.0k $7.2m | Added +121.7k |
| GW&K Investment Management, LLC 0.06% of their portfolio | 252.2k $6.1m | Added +65.6k |
| TD Asset Management Inc 0.01% of their portfolio | 252.2k $6.1m | Added +21.6k |
| AXA S.A. 0.02% of their portfolio | 245.6k $5.9m | Reduced -314 |
| Alphabet Inc. 0.37% of their portfolio | 241.3k $5.8m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 227.0k $5.5m | Added +196.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 221.7k $5.3m | Reduced -13.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 211.8k $5.1m | Added +157.0k |
| Walleye Capital LLC 0.05% of their portfolio | 198.7k $4.8m | New |
| MARSHALL WACE, LLP 0.01% of their portfolio | 189.2k $4.5m | Reduced -647.9k |
| TWINBEECH CAPITAL LP 0.08% of their portfolio | 179.6k $4.3m | New |
| Nuveen, LLC 0.00% of their portfolio | 156.9k $3.8m | First filing |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 152.9k $3.7m | Added +127.6k |
| Tri Locum Partners LP 1.85% of their portfolio | 150.2k $3.6m | New |
| TANG CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 150.0k $3.6m | New |
| LORD, ABBETT & CO. LLC 0.01% of their portfolio | 148.5k $3.6m | Reduced -1.0m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 143.7k $3.5m | Added +1.7k |
| CITIGROUP INC 0.00% of their portfolio | 142.3k $3.4m | Added +24.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 141.4k $3.4m | Added +13.0k |
| PLATINUM INVESTMENT MANAGEMENT LTD 0.19% of their portfolio | 139.3k $3.3m | Added +19.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 134.9k $3.2m | Added +57.2k |
| SummitTX Capital, L.P. 0.14% of their portfolio | 128.6k $3.1m | First filing |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 116.0k $2.8m | Added +46.3k |
| EFG Asset Management (North America) Corp. 0.44% of their portfolio | 109.3k $2.6m | Added +36.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 101.3k $2.4m | Added +74.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 98.0k $2.4m | Added +17.9k |
| Nicholas Investment Partners, LP 0.24% of their portfolio | 95.4k $2.3m | Reduced -11.4k |
| Avidity Partners Management LP 0.45% of their portfolio | 91.0k $2.2m | Reduced -9.0k |
| BARCLAYS PLC 0.00% of their portfolio | 89.7k $2.2m | Reduced -9.4k |
| Swiss National Bank 0.00% of their portfolio | 85.4k $2.1m | Unchanged |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 84.9k $2.0m | Reduced -2.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 83.6k $2.0m | Added +500 |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 76.6k $1.8m | Reduced -40.3k |
| Parkman Healthcare Partners LLC 0.22% of their portfolio | 76.1k $1.8m | New |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 71.6k $1.7m | New |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 70.0k $1.7m | Added +31.5k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 66.6k $16.0m | Added +7.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 63.2k $1.5m | Added +4.6k |
| Trexquant Investment LP 0.02% of their portfolio | 62.8k $1.5m | Added +40.9k |
| EASTERN BANK 0.03% of their portfolio | 56.0k $1.3m | Unchanged |
| NORGES BANK 0.00% of their portfolio | 54.0k $1.3m | Added +5.4k |
| HighVista Strategies LLC 0.48% of their portfolio | 52.2k $1.3m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 49.6k $1.2m | Added +1.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 47.7k $1.1m | Reduced -173.7k |
| ALPS ADVISORS INC 0.01% of their portfolio | 46.5k $1.1m | Reduced -4.7k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 46.1k $1.1m | Added +14.2k |
| Caption Management, LLC 0.05% of their portfolio | 44.1k $1.1m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 43.3k $1.0m | Added +3.7k |
| Engineers Gate Manager LP 0.02% of their portfolio | 42.9k $1.0m | New |
| Verition Fund Management LLC 0.01% of their portfolio | 42.8k $1.0m | Added +20.9k |
| WEXFORD CAPITAL LP 0.26% of their portfolio | 42.3k $1.0m | Reduced -1.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 41.6k $998.7k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 41.1k $986.7k | Added +730 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 40.6k $976.2k | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 40.6k $975.2k | Added +4.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 39.9k $957.9k | Reduced -14.7k |
| Jain Global LLC 0.02% of their portfolio | 39.6k $950.3k | Added +9.4k |
| Jump Financial, LLC 0.01% of their portfolio | 37.7k $906.0k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 30.9k $752.7k | Added +2.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 28.8k $692.3k | Unchanged |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 28.6k $688.1k | Added +11.6k |